John Kerry Explains How Well The Truce "Deal" And Sanctions Are Working Out - Live Feed »

This should be good... how will Kerry explain the 2nd warship in the Black Sea and Poland troops as non-escalation but Russia military exercises as escalation when Ukraine has now re-launched its anti-terrorist operations... Broadcast supposed start…

Apr 25 2014 / Read More »

Bank Of England Chief Economist-To-Be Warns: "It's Time To Rethink Everything" »

Andrew Haldane, who is well known among readers as being one of the most outspoken and truthy central bankers in the world, will become Bank of England's Chief Economist in June. That fact is what makes his comments - however factually honest - extremely…

Apr 24 2014 / Read More »

Write-Offs: 04.24.14 »

$$$ Former KPMG Partner Scott London Gets 14 Months in Prison for Insider Trading [WSJ] $$$ I.S.S. Backs 2 Loeb Nominees for Sotheby’s…

Apr 24 2014 / Read More »

Obama Signs Law Banning Himself From Entering The US »

Submitted by Simon Black via Sovereign Man blog, You just can’t make this stuff up. A few days ago the President of the United States…

Apr 24 2014 / Read More »

Amazon's Q1 Results Explained In Six Simple Charts »

Moments ago Amazon reported its latest numbers which, as one would expect, emphasize the future and the profit potential one, two…

Apr 24 2014 / Read More »

10 Thursday PM Reads »

My afternoon train reading: • The Richer You Are the Older You’ll Get (Real Time Economics) • Mom and pop are stepping up their trading.…

Apr 24 2014 / Read More »
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So What Is The Purpose Of A Board Again? »

A stunning piece of insanity came out of Uncle Warren's mouth today.....He was asked about the CocaCola resolution put before the shareholders (Berkshire has a big position) and how he was voting on it.  He said he "abstained."But it was the next statement that left me speechless.He…

Apr 24 2014 / Read More »

When corporate credits fall out of the sky »

Paging Bruno Iksil. It’s well known that JPMorgan lost $6bn in its ill-fated “London Whale” investment. What is less known is that shortly before the bank’s unwieldy multi-legged play on corporate credit ballooned to unsustainable proportions, the positions taken on by JPMorgan…

Apr 24 2014 / Read More »

Biggest Credit Bubble in History Runs Out Of Time »

Wolf Richter It has been a feeding frenzy for junk debt. Yield-desperate investors, driven to near insanity by the Fed’s strenuous interest-rate repression, are holding their noses and closing their eyes, and they’re…

Apr 24 2014 / Read More »

National Popular Vote Nonsense »

New York has just joined the national popular vote (NPV) compact. In the name of democracy, it would pledge each adopting state’s electoral votes to whoever received the largest national vote, if enough…

Apr 24 2014 / Read More »
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Schizophrenic Stocks Close Mixed As 30Y Yield Nears 10-Month Lows

Euphoria over Apple channel-stuffing and non-GAAP magic for Facebook quickly turned into the HFT-liqudity-providers nightmare as rumors of an emergency Putin press conference sent USDJPY tumbling lower…

Apr 24 2014 / Read More »

Barclays Chief Needs Shareholders To Just Calm Down And Give Him Some Breathing Room While He Puts The Finishing Touches On Massive Layoff Plan

Antony Jenkins knows people are pissed. He knows it looked bad to increase bonuses after profits fell. He knows investors want results. He knows everyone is tense. He also knows that if everyone would…

Apr 24 2014 / Read More »

Exactly Like 7 Years Ago? 2014 Is Turning Out To Be Eerily Similar To 2007

Submitted by Michael Snyder of The Economic Collapse blog, The similarities between 2007 and 2014 continue to pile up.  As you are about to see, U.S. home sales fell dramatically throughout 2007 even…

Apr 24 2014 / Read More »

Ukraine Gives Russia 48-Hr Ultimatum Or "We Will Fight"

Ukraine's foreign ministry has given Russia a 48-hour ultimatum to explain its military exercises near the nation's border; or, as foreign minister Andriy Deshschytisa warns "we will now fight with Russia…

Apr 24 2014 / Read More »
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