Want "Unlimited Access To A Target's Mobile Devices... Leaving No Trace"? Ask...
For the affordable price of $650,000, Israeli company NSO Group will enable you to invisibly spy on 10 iPhone owners without their knowledge. The cost is a little higher for Blackberry users (5 for...
View ArticleBank of America "Thinks The Unthinkable"
Today was a day when not one but two credit analysts, Citi's Hans Lorenzen and BofA's Barnaby Martin, both declared that the ECB was doing "too much" QE. As Lorenzen showed in one or his slides to the...
View ArticleFor The First Time, Two European Non-Financial Companies Will Be Paid To...
Today was another historic day in the monetary twilight zone that is Europe, when two large European, non-financial companies were the first in history to be paid by investors to borrow, courtesy of...
View ArticleFrontrunning: September 9
German jitters weigh on stocks, ECB doubts lift yields (Reuters)Chinese Billionaire Linked to Giant Aluminum Stockpile in Mexican Desert (WSJ)Monte dei Paschi CEO to be replaced as cash call looms...
View Article"Global Market Rout" - Bond Selloff Snowballs Into Stock Liquidations On...
While there is not much to add to our previous market wrap from earlier this morning, now that traders in the US are arriving at their desks, the selloff appears to be accelerating and as Bloomberg...
View ArticleSmells Like 2007 - PIK Toggle New Issues Collapse 1 Day After Issuance
Last Friday we warned that the massive ramp in PIK Toggle new issues so far in 2016 was eerily similar to a spike witnessed in 2007 which, in hindsight, was a solid indicator of the "beginning of the...
View ArticleGlobal Market Rout Abates As Bond Selloff Pauses, Oil Rebounds
After a sudden rout in financial markets that wiped $2 trillion in global market cap over the past week showed signs of easing, overnight stocks tried to stage another "BTFD-type" comeback with...
View ArticleThe Status Quo vs. Donald Trump
Submitted by Mike Krieger via Liberty Blitzkrieg blog,Unless something dramatic happens (certainly possible in this election), I believe Donald Trump will win the 2016 election quite easily, and I...
View ArticleUS Futures; Euro Stocks Slide On Deutsche Bank Liquidity Fears; Bonds Bid
Following yesterday's paradoxical S&P surge catalyzed by a bevy of dreadful economic news, the overnight session has seen some good old "risk off" mood which first hit European shares as a result...
View ArticleHow Low Oil Prices Failed To Stimulate The Economy
Submitted by Oil & Gas 360, via OilPrice.com,The 2014 plunge in oil prices was initially hoped to provide stimulus to the U.S. economy, with the Fed arguing that the average household would save...
View ArticleAre You Ready For The Next Recession?
Submitted by Brendan Brown via The Mises Institue,Some optimists are touting the hypothesis that the weakness of the economic expansion since the last cyclical trough (June 2009) means that the next...
View ArticleWall Street Goes "All In" For Hillary Clinton
Submitted by Mike Krieger via Liberty Blitzkrieg blog,Hordes of industry executives will descend on the city to celebrate Hillary Clinton’s nomination for president and renew close associations that...
View Article$356 Billion Fund Manager: "Now Is The Most Treacherous Time Ever. I've Never...
Last week we reported that Tad Rivelle, fund manager at the $195 billion TCW Group, uttered a harsh warning, telling readers of his newsletter that "the time has come to leave the dance floor",...
View ArticleTrump’s Mirage of Spending Cuts Will Make America’s Collapse Great
This article by David Haggith completes a series first pubished on The Great Recession Blog. In the first debate, Hillary Clinton called Trump’s tax plan “trumped-up, trickle-down” economics. It’s the...
View ArticleFrontrunning: September 30
Asia stocks slide as Deutsche sours mood, oil pulls back (Reuters)Deutsche Bank Drops to Record as Some Clients Reduce Exposure (BBG)Deutsche CEO tries to reassure staff as shares plunge (Reuters)Oil...
View ArticleALERT: US Real Estate Crash Imminent as Matthew threatens Miami Luxury Market
It isn't often such a clear market signal is painted such as the impending real estate market collapse. It doesn't take sophistocated algorithms or an MBA from Harvard to add up the math and the data...
View ArticleFutures Flat With Germany Closed; Sterling Slides On "Hard Brexit" Fears
With China, German and South Korea closed for holiday, it has been a relatively quiet day in overnight equity trading, especially in the one stock everyone is keeping a close eye on, Deutsche Bank,...
View ArticleFrontrunning: October 3
Donald Trump’s Tax Numbers Sharpen Focus on Treatment of Losses (WSJ)Qatari funds nurse €1bn loss on Deutsche Bank stake (Telegraph)Colombian Voters Reject Peace Deal With FARC Rebels (WSJ)Hungarians...
View ArticleThe Education Bubble: Is A Harvard MBA Worth $500,000?
The Education Bubble: Is A Harvard MBA Worth $500,000?Written by Peter Diekmeyer College students are back at their desks this month facing bleak prospects. With tightening job markets leaving kids...
View ArticleEuropean, EM Stocks Slide On ECB Taper Concerns; US Futures Flat
With China on holiday for the week, overnight sessions remain quiet: at this moment, S&P500 futures are little changed as European stocks fall for first day in seven, on yesterday's concern that...
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