Frontrunning: November 12
Stock futures little changed as Yellen comments awaited (Reuters)Draghi stimulus hint underpins stocks, knocks euro (Reuters)Black Friday's Losing Its Mojo and Retailers Might Be Relieved (BBG)Macy’s...
View ArticleSomething Went Wrong On The Way To The Future
Submitted by Bill Bonner via Bonner & Partners (annotated by Acting-Man.com's Pater Tenebrarum),Lies and MisunderstandingsAs we keep saying, you can get any opinion you want. The problem is you can...
View ArticleThe Bubble Finance Cycle - What Our Keynesian School Marm Doesn't Get, Part 2
Submitted by David Stockman via Contra Corner blog,In Part 1 of The Bubble Finance Cycle we demonstrated that a main street based wage and price spiral always proceeded recessions during the era of...
View ArticleBlack Market For Black Gold Ignites As Jobless Roughnecks Resort To Oil Theft
The allure of ill-gotten oil money remains strong. The lull in drilling has given oil companies more time to scrutinize their operations -- and their losses. As Bloomberg reports, during booms "they...
View ArticleFrontrunning: November 19
Soothing Fed sounds send shares, emerging markets higher (Reuters)Belgian Police Conduct Raids in Connection With Paris Attacks (WSJ)The Paris Attacks Can’t Lead to a Closed Europe (BBG)Alleged...
View ArticleGlobal Stocks Fall For First Time In Six Days As Commodity Rout Spills Over...
While the key geopolitical event of the last three days days continues with Brussels which remains on lockdown over terrorism fears, the main event in overnight markets was the latest tumble in...
View ArticleCan The Oil Industry Really Handle This Much Debt?
Submitted by Ekaterina Pokrovskaya via Oilprice.com,As the crude industry has been wrestling with low oil prices that declined by over 50 percent since its highest close at $107 a barrel in 2014, many...
View Article'Unpatriotic' Ford Agrees Union Deal To Offshore American Jobs And Hire...
As goes Ford, so goes America? It appears that demand, supply, and capitalism briefly won - while 'fairness', 'patriotism', and all the other non-free-market interventionism lost - in the UAW-Ford...
View ArticleChinese Auto Sales Crash, Inventories Soar In November
Despite ongoing exuberance at auto sales in America (which disappointed) - as crashing credit standards enable every Tom, Dick, and Muppet to buy too much 'depreciating asset' for their incomes - there...
View ArticleHit-And-Run Driver Arrested After Her Car Calls Police
Submitted by Mike Krieger via Liberty Blitzkrieg blog,As technology generally continues to advance, one thing you can be sure of is the criminal justice system’s use of innovative new “tools” will grow...
View ArticleThe Unexpected Explanation How "That Ford Truck" Ended Up In ISIS Hands
Almost exactly a year ago, the media world was abuzz when as we reported then, a picture posted by Ansar al-Din Front, an Islamic extremist brigade, and which promptly went viral showed a Ford F250...
View ArticleIn Dramatic Reversal, US Vice President Biden Calls On Turkey To Withdraw Its...
It has been a strange two days for US foreign policy. Earlier today we reported that in what amounts to a significant blow to the official US position over Syria, namely the multi-year demands to...
View ArticleIs This How The Dollar Gets Replaced?
Submitted by Chris via CapitalistExploits.at,I’m sitting here at my desk, laptop open, 7 browser tabs open, a half dozen documents open, emails popping in every few minutes, Skype messages coming in,...
View ArticleStar Wars Smashes Opening Weekend Box Office Record, But Will It Be Enough?
This weekend the force was strong with thirty (and forty, and fifty) year-olds, wishing to awaken memories of their youthful days with an admirable redo of the first Star Wars movie, first released...
View ArticleWe Are Now Entering The "Discovery" Phase Of Financial Collapse
Submitted by James H Kunstler via Kunstler.com,Theory du jour: the new Star Wars movie is sucking in whatever meager disposable lucre remains among the economically-flayed mid-to-lower orders of...
View Article272 Islamic State Terrorists Are Hiding In Europe, 150 More Are On Their Way,...
It has been over a month since the November 13 Paris terrorist suicide bombings and mass shootings and the subsequent warzone-like shutdown of Brussels, and Europe was just starting to emerge from its...
View ArticleFutures Rise, Drop, Then Rise Again In Illiquid Session After China Promises...
It has been a seesaw session with U.S. stock index futures following their dramatic buying burst in the last half hour of market trading yesterday by first rising, then falling, then rising again...
View ArticleFrontrunning: December 23
Oil up after U.S. crude stocks drop, still close to 11-year lows (Reuters)Global Stocks Rally; Mining, Metals Shares Lead Gains (WSJ)OPEC Sees Demand for Its Crude Oil Falling for Rest of Decade...
View ArticleUS Had "Secret" Discussions With Assad "Regime", Tried To Start Military Coup
Earlier this week, we recounted Seymour Hersh’s latest investigative report in which we learn that apparently, the Joint Chiefs of Staff worked to undermine the efforts of the White House and the CIA...
View ArticleGuns, Gas, &"Selling Kidneys" - 'Off The Grid' Indicators Signal Slowing Economy
Via ConvergEx's Nick Colas,Our quarterly survey of “Off the Grid” economic indicators finds that the U.S. economy is still growing, but the pace seems to be slowing from Q3 2015. On the plus side, used...
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