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1. Spanish live webcast on 2013 Austerity budget. 2. Egan-Jones downgrades Spain from CC+ to CC. 3. Student loan Price. 4. U.S. Q2 GDP: 1.25%. 5. Durable goods orders: -13.2%. 6. Barclays opens Precious metals vault in London. 7. Bonds > Equity. Fidelity. 9. Berlusconi's grand plan. i.e. stupidity. 10. White House spin.…
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1. ESM details leaked. 2. Spain is verging insanity. 3. US consumer confidence mirrors death of the middle class. 4. Fibonacci does it again! 5. 1/3rd of Athens businesses shutter. 6. TV ratings for a better future. 7. Italian correspondence to upper house charged over drug gang. 8. IMF! No!. 9. Juncker is Junckers. 10. Ryan Paul: Manipulative bast…
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1. Catalonia region faced with Spanish military threat. 2. Czech president: Europe over. 3. SAT scores hit low. 4. iPhone 5 sells 50% of expectation. 5. Greece lying over deficit. 6. Japan: Die Hard. 7. Foxconn roit. Me no Engrish. 8. No one cares for your stupid stock market! 9. Fake Gold/Tungsten bars discovered in Manhattan. 10. China surprise v…
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1. Greece Acharnes region suspends operations: No cash. 2. First Spanish bailout conditions. 3. South African gold miners in talks. 4. EU/IMF to delay report until after election. 5. Illinois prepare for federal bailout? 6. Gold baby! 7. Police kills protester on Government appointed holiday. 8. Apple success: Line waiters. 9. Romney 2011 tax filin…
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1. China continues "We hate Japan" parade: economic sanctions, sends ships into Japanese territory. 2. U.S. Totalitarianism back from the dead. 3. Former MF Global head starts Hedge Fund. 4. Nigeria gets it. Bernanke doesn't. Fed paint innocent picture. 5. Goldbug: get wet. 6. BOJ consider more easing. 7. Median net worth declines. 8. South African…
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1. Soured trade relations between China and Japan: bad news. 2. Anti-American sentiment spreads to Pakistan, Afghanistan. 3. Apple shares to $700. 4. San Francisco Fed shoot itself in foot, Facebook poll. 5. Low print: 2009. Typical. 6. Irrational markets: rates can't rate. 7. Farage docked for insult. 8. Middle east crowded with American troops. 9…
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1. Anti-American sentiment spreads throughout Middle East. 2. Egan Jones downgrades U.S. to AA-. 3. Mortages 28bps from being safer than treasuries. I know. 4. U.S. decline. Spain bleeding from the inside. 5. Krugman: QE3 not enough. 6. Anti-American sentiment: take two! 7. Chinese Caterpillar dying. 8. Crude hits $100. 9. Marc Faber speaks truth.…
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1. QE 3, 4, 5, 6, 7, 8, 9, 10, Infinity. 2. IMF: Greece needs 3rd bailout. 3. NDAA detention clause permanently blocked. Win! 4. Jobless headline. 5. NY bans sugary drinks, more than 16 ounces. 6. $4 gas is an equity NO. 7. South African miners plan for national strike. 8. U.S. embassy protests spread across Middle East.…
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1. U.S tax authorities award $104 million to UBS whistleblower. 2. House Speak Hoehner not confident on debt resolution. 3. 11 years on. Reality vs dissonance. 4. Entitlements up, jobs down. 5. Spain housing prices plumet. 6. Global protesting madness. 7. Chinese crude imports hit 2010 levels. 8. Fed 3Y auction love story. 9. America trade deficit …
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1. Obama executive order for cybersecurity. 2. Employment free 2016. 3. FBI arrest mayor of Trenton. 4. 51% admit they're American consumers. 5. Baltic dry index dries up. 6. Chevy volt stalls indefinitely. 7. 54% Germans 'nein' to ESM. 8. College degree burden. 9. $1 trillion of TARGET2 south extortion. 10. A statistic. 11. Extended last minute bu…
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1. ECB bond buying plan: nothing new. 2. Subprime auto loans, not promising. 3. New Help Wanted ads plunge more than 300,000. 4. ECB, Spain, ELA. 5. Democrats recognise Jerusalem as Israel capital. 6. 88% of Goldman investors expect Spanish bailout. 7. Spain corporate bankruptcies soar. 8. US Aircraft carrier Stennis to Arabian coast. 9. Breaking n…
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1. FBI hack 12 million Apple devices. 2. Draghi rumoured to buy all short term European soverign debt, no limit. 3. Spain short-dated funding set to double in three years. 4. EU launches anti-trust probe into Gazprom. 5. India annual monsoon season down 12%. 6. Food stamps exceed people finding jobs three-fold. 7. Net Flix down 70% in less than two…
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1. Ron Paul: Both parties Keynesian. I'm badass. 2. Euro unemployment diverges with U.S. employment. The stagflation beast. 3. Bernanke: Jackson Hole. 4. Housing prices: $3.2 trillion hurdle. 5. Bankia FOBR, says capital inject needed imminently. 6. European stock market takes acid. 7. Facebook shares at $18. www.thefinancialreality.com…
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1. $14.5 Billion looted from food fund, 350 million risk starvation, India. 2. Consumer deleveraging, mostly debt default. 3. Student loan bubble grows at Hyperinflationary rate. 4. Valencia meet Catalonia. Demands EUR3.5 billion in rescue money. 5. Nick Clegg, One-off rich tax, UK. 6. Mad market Thursday. 7. Merkel, quote genius. www.thefinancialr…
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1. 125 Harvard undergrads face plagarism probe. 2. US drought: underestimated. 3. Fortescue implodes: seeks $1.5 billion loan. 4. Wall street profits down. Wall street salary up. 5. Finland reject pooled funds. 6. U.S. Vehicle assemby rate, August decline 8%. 7. Rich feel the hurt. 8. Saving rates drop. 9. Morgan Stanley: German ratification of ESM…
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1. $16,000,000. 2. US drought. Corn and Soy quality tumbles. 3. China's phony figures. 4. Australia. Housing ain't your best friend. 5. EUR75 billion flee Spain in month. 6. Consumer confidence dies horrible death. 7. Catalonia Region demand EUR5 billion - on no conditions LOL. 8. AZUMI learns basic economics. www.thefinancialreality.com…
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1. Chinese stock market plunges to post-2009 lows. 2. Consumer debt revisits 2008 peak. 3. Dallas Fed Manufacturing data a joke. 4. NYSE volume a no-go. 5. Miners steal explosive stake out at mine; risk lives for job. 6. Citigroup flashcrash $1.2 billion in under 100 milliseconds! 7. Libor liability estimates reach $176 billion. Macquaire. www.thef…
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1. ICBC $300,000 CEO salary. Jamie earns 130 times as much. 2. The cost of American healthcare. 3. OMG 3DS XL!!!!! 4. New Jersey down 12,000 jobs. 5. Citigroup see Grexit by September. 6. Reade Market Report. 7. Isreal attack paths to Iran. 8. Pimco increase gold allocation. 9. 2nd largest Greek city sees 1,250 companies shut down. 10. Did I mentio…
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1. U.S. vs China: The trade wars. 2. More than 50% of Americans dependant on welfare. 3. Gold Breaks 200DMA. 4. Obamacare, 18 new taxes. 5. European history: revisited. 6. What happened when the government decided to confiscate gold? 7. Isreal acusse Egypt of violating 1979 peace treaty. 8. Apple drops $15 to $660. 9. What do you think of the new m…
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1. Corzine not to face criminal prosecution over MF Global. 2. Julian Assange granted assylum by embassy. 3. Brent crude in Euros sees biggest rise in 2 months. 4. Whitehouse may countre Iran embargo with oil reserves. 5. Market delusion. Tick of approval. 6. Facebook shares plunge into teens. 7. Romney 13.9% tax rate on $21 million. 8. South Afric…
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1. Polish Gold derivatives ponzi business collapses. 2. George Soros adds gold. 3. 83% of Americans disprove of congress. 4. Channel stuffing with demo models. 5. 25% of income spent on retirement. Thanks Ben! 6. Oil spikes. Mid-east fears. 7. China imports more gold in 6 months than Portugal entire reserves. 8. Japan stocks up on US treasuries. ww…
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1. America's sugar addiction. 2. Standard Chartered Bank charged $340 million. 3. Europe stats bad. 4. July positive retail sales? 5. Inflation our fat friend. 5. Business confidence lowest print in 9 months. 6. Knight group $440 million loss on "bad software". 7. Spanish bank borrowings for ECB soar. www.thefinancialreality.com…
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1. JP Morgan's earnings reports. CIO fraud. 2. New York Fed release liborgate documents. 3. PFGbest head arrested in IOWA. 4. China should be worried. 5. JPMorgan managers to return 2 years pay. 6. The fed screwed up. 7. Nigel Farage crush. 8. CME + JPMorgan = bad. 9. Swiss 2Y continues plunge. www.thefinancialreality.com…
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1. EURUSD overvalued 11% above historical average. 2. Libor liability: $400-800 million per bank estimate. 3. US June deficit: $60 billion. 4. FBI probe Chinese ZTE over Iran sale. 5. BOA offer $150,000 off loans; silence. 6. S&P bleeding. 7. Temp workers outpace New Hirings 10-1. 8. Moody's downgrades Italy. www.thefinacialreality.com…
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1. Madrid austerity sparks protests. 2. Berlusconi to run in 2013. 3. Fed manipulation; doubles S&P. 4. US treasuries olympics; world records galore. 5. Bad figures. 6. BLS admits security flaws. 7. US cut corn forecast 12%. 8. US Treasuries vs Gold. 9. German tax authorities strike bank employees and officials. 10. Goldman cut GDP forecast; twice …
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