Hypocritical Sloth »

Anything except actual policy discussion.

May 22 2015 / Read More »

Texan Lawmakers That Dared to Defy Elon Musk Are Too Afraid To Say His Name »

You're saying Elon can't sell his electric cars to Texas oil moguls? Good luck with that...

May 22 2015 / Read More »

Letterman and the Future of Media Consumption »

The past month has seen an outpouring of tributes and praise for the just-retired “Late Show” host David Letterman. I have been linking…

May 22 2015 / Read More »

This Is How You "Boost" GDP: US Sells Over $4 Billion In Weapons To Israel, Iran And Saudi Arabia »

War, what's it good for? Aside from countless deaths of innocent civilians of course, it means a GDP boost for the biggest exporter…

May 22 2015 / Read More »

Plus500 and the FCA »

So, what should we make of Plus500′s “Further statement and clarification” issued on Friday, after the Aim market authorities suspended…

May 22 2015 / Read More »

Wall Street R.I.P. - The Bubble Is Dying At The Zero Bound »

Submitted by David Stockman via Contra Corner blog, If any evidence was needed that the market is dying at the zero bound, it came…

May 22 2015 / Read More »
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Plucky Little Shop Called Goldman Something Finally Wins One »

The bank has finally learned how this activist investing stuff works.

May 22 2015 / Read More »

Meanwhile, Mass Layoffs Continue For America's Miners »

Earlier this month we reported that Patriot Coal, the second-largest coal miner east of the Mississippi, had filed for bankruptcy (again) due to “challenging market conditions.”  Summarizing, a global supply glut (which, as we’ve shown is by no means confined to coal), cheap…

May 22 2015 / Read More »

Why Oil's Rally Is Over »

Submitted by Martin Tillier via OilPrice.com, A lot of people have got very excited as the price of WTI has bounced back from the lows reached a few months ago. If oil fails to break and hold above $62…

May 22 2015 / Read More »
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Two Ominous Stock Market Charts

Submitted by Pater Tenebrarum via Acting-Man.com, A Big Dow Theory Divergence We briefly want to show a few charts that have caught our eye recently. This is by no means a comprehensive market update…

May 22 2015 / Read More »

Core Consumer Prices Jump Most Since March 2006 Thanks To Surging Healthcare Costs

The market appears to have chosen the hotter-than-expected Core CPI print (as opposed to weakest headline CPI YoY print since Oct 2009 of -0.2%) as key. Core CPI rose 0.3% MoM in April - the most since…

May 22 2015 / Read More »

Tick Tock, The Greek Time Bomb Is About To Go Off

We were warning in several previous articles (here & here) the Greeks didn’t have much time left to enter into a new funding agreement with its lenders as the country was facing several billions of euros…

May 22 2015 / Read More »
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