The "Economissed" Track Record Revisited: Last Month, 82% Of "Experts"...
Last month, when economists were still banging their heads against the wall trying to determine if the turmoil unfolding in China’s equity markets would play a role in the Fed’s decision making come...
View ArticleThe Clock Is Ticking On The U.S. Dollar As World's Reserve Currency
Submitted by Henry Hewitt via OilPrice.com,The View From Hubbert’s PeakIn 1971, the American President put an end to a 2,500 year trend; the Wall Street Journal called it “Nixon’s Worst Weekend.”...
View Article23 Sep - China May Delay Japan 2% Inflation Tgt
Follow The Market Madness with Voice and Text on FinancialJuiceEMOTION MOVING MARKETS NOW: 29/100 FEARPREVIOUS CLOSE: 29/100 FEARONE WEEK AGO: 16/100 EXTREME FEARONE MONTH AGO: 5/100 EXTREME FEARONE...
View ArticleVolkswagen Scandal Becomes "Investor's Nightmare" As German Government...
Over the past two days, we’ve spent quite a bit of time documenting the emissions scandal that’s rocked Volkswagen, sending its shares down more than 30% (see here, here, and here for instance). Far...
View ArticleTrapped Central Banking and Gold
By David BryanThe future direction of the planet is between the central bank’s counter-party paper Ponzi currency or the independence of real money.Foresighted central banker John Exter is famous for...
View Article24 Sep - ECB's Nowotny Says He's Wary of Expanding Bond-Buying Program
Follow The Market Madness with Voice and Text on FinancialJuiceEMOTION MOVING MARKETS NOW: 31/100 FEARPREVIOUS CLOSE: 31/100 FEARONE WEEK AGO: 16/100 EXTREME FEARONE MONTH AGO: 3/100 EXTREME FEARONE...
View ArticlePresenting The "QE Infinity Paradox", Or "The Emperor Is Naked, Long Live The...
Perhaps the most important thing to understand about what was widely billed as the most important FOMC decision in recent history, is that by “removing the fourth wall” (to quote Deutsche Bank), the...
View ArticleWill A Black Swan Land In Spain On Sunday? Full Catalonia "Referendum" Preview
Earlier this week, we asked why multiple armored vans were parked outside the Bank of Spain’s Barcelona branch.The convoy would have been curious enough on its own, but the fact that the vehicles were...
View ArticleReflexivity Wrecks Fed Credibility, Crushes 2016 Rate Hike Hopes
With Janet Yellen choking back the vomit as she shifted The Fed's stance to a "hawkish hold," markets remain just as confused (and disconnected) as they were after The FOMC's "dovish hold." The...
View ArticleCatalan 'Secessionists' Set To Win Election Amid Record Turnout
On Friday we previewed what we said could be the next European black swan. In short, elections in Catalonia on Sunday were a proxy for an independence referendum. The outcome is critical for several...
View ArticleDying Petrodollar Ripples Through Markets As Asset Managers Bemoan Loss Of...
One of the key things to understand about China’s liquidation of hundreds of billions in US paper is that far from being a country-specific phenomenon, it actually marks the continuation of something...
View ArticleBernanke & Yellen Have Engineered A Financial Markets Neutron Star
Submitted by Tim Price via The Cobden Centre,As a child I was fascinated by the concept of a neutron star. A neutron star is the tiny but immensely dense thing that’s left after a massive star...
View ArticleUBS Is About To Blow The Cover On A Massive Gold-Rigging Scandal
With countless settlements documenting the rigging of every single asset class, it was only a matter of time before the regulators - some 10 years behind the curve as usual - finally cracked down on...
View ArticleIndia "Surprises" 51 Out Of 52 "Experts", Slashes Rates More Than Expected As...
Late last month, we asked how long it would be before the RBI hit back in the wake of China’s yuan deval. The Indian government’s chief economic advisor Arvind Subramanian had just told ET Now...
View ArticleBig Bank Pink Slip Pandemonium Continues As Bank Of America To Cut "Hundreds"...
Two weeks ago, Deutsche Bank announced it was set to fire “roughly” 23,000 people, or around a quarter of its workforce as new CEO John Cryan aims to cut costs as part of a reorganization undertaken in...
View ArticleFor The "Nothing Is Happening... Everything Is Awesome" Crowd
Submitted by Michael Snyder via The Economic Collapse blog,A lot of people out there expected something to happen in September that did not ultimately happen. There were all kinds of wild theories...
View ArticleIs This Why Valeant's Default Risk Is Blowing Out Today
This Monday, in the aftermath of the Turing Pharma's Martin Shkreli "price gouging" scandal, Citron Research came out with a report in which, in order to justify its "Short Valeant" thesis, it released...
View ArticleThe Best And Worst Performing Assets In September, Q3 And 2015 YTD
Both September and Q3 were market bloodbaths, periods most asset managers wish they could have completely avoided - perhaps they should have just sold in May? But it was not all red. As the following...
View ArticleThis Is The Endgame, According To Deutsche Bank
DB's Jim Reid lays out the "endgame" scenario, one which this website first said is inevitable back in 2009. With Citi and Macquarie already on board, expect what was once merely the figment of a...
View ArticleCredit Suisse Stuns Investors With 50% Bigger-Than-Expected Capital Raise
Hot on the heels of Deutsche Bank's admission that all is not well, Credit Suisse's announcement last night of a major capital raise was greeted by buying pressure from investors. However, reality...
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