Frontrunning: December 28
Lawmakers, Obama in last chance talks on "fiscal cliff" (Reuters)Obama Summons Congress Leaders as Budget Deadline Nears (BBG)Hopes for fiscal cliff deal fade (FT)Iran starts navy drills in Strait of...
View ArticleFrontrunning: January 7
Secret and Lies of the Bailout (Rolling Stone)Banks Win 4-Year Delay as Basel Liquidity Rule Loosened (BBG)Hedge Funds Squeezed With Shorts Beating S&P 500 (BBG)Bankruptcy regime for nations urged...
View ArticleFrontrunning: January 8
London Quantitative Hedge Funds Report Second Year of Losses (BBG)Berlusconi Forms Alliance in Comeback Bid (WSJ)Japan to Buy ESM Bonds Using FX Reserves to Help Weaken Yen (BBG)Japan Mulling BOJ...
View ArticleGuest Post: America Meet Your New Slumlord: Wall Street
Via Michael Krieger of Liberty Blitzkrieg blog,And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be...
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Will CapEx Come Back?
Almost a year ago, we identified what the main stumbling block facing US (and global) corporations is in the New Normal ZIRP regime: namely corporate cash mismanagement, capital misallocation, and a...
View ArticleFrontrunning: January 15
White House delays 2014 budget after "fiscal cliff" standoff (Reuters) - And Senate will pass this... never?Amari Signals Limits to Abe’s Campaign to Weaken Yen (BBG)Draghi’s Bond Rally Masks Debt Doom...
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An Analytic Framework For 2013
Submitted by Martin Sibileau of A View From The Trenches blog,In the same fashion that I proposed an analytic framework for 2012, I want to lay out today what I think will be the big themes of 2013....
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The Latest Evader Of The French Millionaire Tax: The Former French President
That even former French president Nicolas Sarakozy plans to start a £1 billion private equity fund in London is not news: courtesy of ZIRP and the ongoing global reliquifiication of markets by every...
View ArticleFrontrunning: January 23
Doubt Greets Bank of Japan's Easing Shift (WSJ)Japan hits back at currency critics (FT)Japan upgrades economic view for first time in eight months (Australian) - only to lower them in a few months...
View ArticleIs Fed Monetary Policy Really Marxist?
“He may look like an idiot and talk like an idiot but don't let that fool you. He really is an idiot.”Groucho Marx Scheduled to do a hit on housing and financials with Lauren Lyster on YahooTicker...
View ArticleFrontrunning: January 28
CAT beats ex-Chinese fraud: $1.91, Exp. $1.70; Warns 2013 could be a "tough year"; sees 2013 EPS in $7.00-$9.00 range, Exp. $8.54, sees Q1 sales well below Q1, 2012Yi Warns on Currency Wars as Yuan...
View ArticleFrontrunning: February 1
'London Whale' Sounded an Alarm on Risky Bets (WSJ)Deadly Blast Strikes U.S. Embassy in Turkey (WSJ)Abe Shortens List for BOJ Chief as Japan Faces Monetary Overhaul (BBG)Endowment Returns Fail to Keep...
View ArticleFrontrunning: February 4
Euro Tremors Risk Market Respite on Spain-Italy, Banks (Bloomberg)Obama Says U.S. Needs Revenue Along With Spending Cuts (Bloomberg) China Regulators Moved to Restrain Lending (WSJ)Low Rates Force...
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Why Aren't There More LBOs?
With yields compressed to record low levels, thanks to Bernanke's repression, and a consensus expecting margin stability and a huge hockey-stick in earnings going forward, the question is why aren't...
View ArticleFrontrunning: February 6
Tunisian opposition politician shot dead, protests erupt (Reuters)China says extremely concerned after latest North Korea threats (Reuters)Postal Service to cut Saturday mail to trim costs (AP)Debt...
View ArticleFrontrunning: February 11
Pope steps down, citing frailty (Reuters)Japan’s economic minister wants Nikkei to surge 17% to 13,000 by March (Japan Times)Venezuelan devaluation sparks panic (FT)Rajoy releases tax returns, but...
View ArticleSix Equity Offerings Price After The Close As Insiders Rush To Sell To Retail
Just in case the Friday night insider dump bomb by Google executive chairman Eric Schmidt, in which he announced the sale of 42% of his GOOG holdings the day the stock hit its all time high, did not...
View ArticleFrontrunning: February 12
The Man Who Killed Osama bin Laden... Is Screwed (Esquire)G7 fires currency warning shot, Japan sanguine (Reuters)North Korea Confirms It Conducted 3rd Nuclear Test (NYT)Italian Police Arrest...
View ArticleFrontrunning: February 13
Obama Paints Wider Role for Government in Middle Class Revival (BBG)Obama to Seek a New Trade Deal With EU (WSJ)... or this is strawman why 2016 GDP will be higherMobile phone sales fall for the first...
View ArticleFrontrunning: February 15
G20 struggles over forex, at odds over debts (Reuters)Alwaleed Sells Airbus A380 to Invest in Middle East Firms (BBG)GOP Stalls Vote on Pick for Pentagon (WSJ)ECB officials rebuff currency targeting as...
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