10

Furious Chinese Rioters Beat Corrupt Policemen To Death

http://feedproxy.google.com

It appears, based on these extremely graphic images, that the Chinese people has a different way of dealing with corrupt officials. As Shanghaiist reports, a riot involving around 1,000 people broke out last Saturday in Cangnan county of Wenzhou city, Zhejiang province, resulting in the hospitalization of five chengguan, China's notoriously abusive and under-regulated urban enforcement officials.

Read more »
taylor_timebomb's picture
Created by taylor_timebomb 20 min 15 sec ago – Made popular 18 min 33 sec ago
Category: General Finance   Tags:
10

"Riders On The Storm:" A Fictional Letter Explaining What Is Going On In Russia

http://feedproxy.google.com

Submitted by John Carter,

Gennady,

Hello! It’s a long time since we’ve spoken. I still remember our adventures in New York with pleasure.

Read more »
taylor_timebomb's picture
Created by taylor_timebomb 19 min 12 sec ago – Made popular 18 min 36 sec ago
Category: General Finance   Tags:
10

Is The US Military Preparing For The Collapse Of The Dollar?

http://feedproxy.google.com

It almost happened in 2008... but as this excerpt from Casey Research's Meltdown America documentary notes, it appears the US military is preparing for the potential collapse of the US dollar. As Scott Taylor warns, "...if the carrot (of credit worthiness) is fading, and the stick (of military threat) is weak, that empire is going to come down in a hurry..." which leaves a serial economic mis-manager only one option to 'secure' the empire.

 

Read more »
zieg_the_fox's picture
Created by zieg_the_fox 19 min 12 sec ago – Made popular 18 min 39 sec ago
Category: General Finance   Tags:
10

Uncovered California

http://feedproxy.google.com

I've shared my gripes about Covered California before, such as here and here. I've got more to add.

Read more »
zieg_the_fox's picture
Created by zieg_the_fox 20 min 42 sec ago – Made popular 18 min 41 sec ago
Category: General Finance   Tags:
10

How China's Commodity-Financing Bubble Becomes Globally Contagious

http://feedproxy.google.com

"Marubeni [the world's largest soybean exporter to China] is deluded in thinking that payments will come once the cargoes have sailed," is the message from an increasing number of liquidity-strapped Chinese firms, "If they take these cargoes, some could go bankrupt.

Read more »
taylor_timebomb's picture
Created by taylor_timebomb 19 min 12 sec ago – Made popular 18 min 44 sec ago
Category: General Finance   Tags:
10

Monday Humor: 33 Uncomfortably True Charts About Everyday Life

http://feedproxy.google.com

If one picture can paint a thousand words, the following 33 images, from Danish writer/artist duo Mikael Wulff and Anders Morgenthaler, should shed serious light on the everyday struggles, irritations, and insights of their fellow Westerners.

 

Via DeMilked,

Read more »
zieg_the_fox's picture
Created by zieg_the_fox 19 min 12 sec ago – Made popular 18 min 47 sec ago
Category: General Finance   Tags:
10

Shrine Visit Retribution? China Seizes Japanese Cargo Vessel (Over War-Debts)

http://feedproxy.google.com

We noted yesterday, Japan's decision to send an Abe cabinet official to the Yasukuni shrine (home of Class A war criminals) and Abe's sending of an offering, warning it will likely see retaliation from China. We didn't have to wait long. As BBC News reports, China has seized a Japanese cargo ship (over a pre-war debt).

Read more »
taylor_timebomb's picture
Created by taylor_timebomb 19 min 30 sec ago – Made popular 18 min 50 sec ago
Category: General Finance   Tags:
10

The Earnings Season: "House Of Cards"

http://feedproxy.google.com

Submitted by Lance Roberts of STA Wealth Management,

Read more »
zieg_the_fox's picture
Created by zieg_the_fox 20 min 14 sec ago – Made popular 18 min 53 sec ago
Category: General Finance   Tags:
10

"Faith" In One Chart

http://feedproxy.google.com

Another day, another downgrade in the expectations for US economic growth in Q1 (to a mere 1.5%). But have no fear, oh ye of little faith, for the hockey-stick of hope will refuel that exuberance by the year-end to an underwhelming 2.7% 2014 growth rate...

 

 

Crucially, GDP will always mean-revert up from a drop... but profit margins will never mean-revert down from an exuberant extreme easy-money surge.

 

Read more »
taylor_timebomb's picture
Created by taylor_timebomb 20 min 57 sec ago – Made popular 18 min 59 sec ago
Category: General Finance   Tags:
10

Japan Has Proven That Central Banks Cannot Generate Growth With QE

http://feedproxy.google.com

The following is an excerpt from a recent client letter.

 

The Keynesian economists managing or advising the world’s Central Banks have always averred that they could pull us out of the weakest recovery in the post-WWII era if they were allowed to have their way.

 

Read more »
taylor_timebomb's picture
Created by taylor_timebomb 20 min 27 sec ago – Made popular 19 min 2 sec ago
Category: General Finance   Tags:
10

Japan Has Proven That Central Banks Cannot Generate Growth With QE

http://feedproxy.google.com

The following is an excerpt from a recent client letter.

 

The Keynesian economists managing or advising the world’s Central Banks have always averred that they could pull us out of the weakest recovery in the post-WWII era if they were allowed to have their way.

 

Read more »
taylor_timebomb's picture
Created by taylor_timebomb 20 min 46 sec ago – Made popular 19 min 5 sec ago
Category: General Finance   Tags:
10
10

The IPO Window Is Closing Fast

http://feedproxy.google.com

With a multitude of equity valuation dreams hinging on the success of Alibaba's forthcoming IPO, the following chart is likely the most frightening one for many VC companies currently. As Bloomberg notes, it's becoming much harder for companies to close IPOs successfully with only 2 companies last week raising money at an amount within the expected range. On average,  the eight companies from last week priced their offerings 12% below the mid-point of their range. As one analyst noted, "investors have more or less said "enough"."

Read more »
taylor_timebomb's picture
Created by taylor_timebomb 20 min 2 sec ago – Made popular 19 min 11 sec ago
Category: General Finance   Tags:
10

Another Sign That Central Planning Works: Condom Shortage In Cuba

http://feedproxy.google.com

Submitted by Simon Black via Sovereign Man blog,

Having traveled to well over 100 countries, I have seen some pretty shocking signs of poverty around the world.

In parts of Asia, it’s not uncommon for parents in poor villages to sell their children for bags of rice… or for children to be stolen outright and sold as orphans to unsuspecting foreigners.

Read more »
taylor_timebomb's picture
Created by taylor_timebomb 20 min 16 sec ago – Made popular 19 min 14 sec ago
Category: General Finance   Tags:
10

Why Putin Is Smiling At The Bond Market's Blockade Of Russia

http://feedproxy.google.com

One of the recurring themes the western media regurgitates at every opportunity is that while the western "diplomatic" sanctions against Russia are clearly a joke, one thing that will severely cripple the economy is the capital market embargo that has struck Russian companies, which are facing $115 billion of debt due over the next 12 months.

Read more »
zieg_the_fox's picture
Created by zieg_the_fox 20 min 11 sec ago – Made popular 19 min 17 sec ago
Category: General Finance   Tags:
10

"Most Shorted" Stocks Outperform "The Market" Five-Fold Today!

http://feedproxy.google.com

In case you were wondering where the ammunition for today's rally in US equities came from on a day of de minimus volume and no real support from JPY carry...

 

"Most shorted" stocks outperformed the market by 475% today (+1.98% vs S&P's 0.34%)... but those with shorts on from last week's highs are still winning (for now)...

 

Seems clear where all that pent-up POMO demand went...

 

Read more »
zieg_the_fox's picture
Created by zieg_the_fox 21 min 12 sec ago – Made popular 19 min 20 sec ago
Category: General Finance   Tags:
10

Netflix Rises On EPS And Intl Sub Beat, In-Line Revenues, And Domestic Subs Miss; Price Increase

http://feedproxy.google.com

With revenues meeting estimates to the dot, and with largely meaningless non-GAAP EPS (because after all NFLX is valued on a 2024 foward basis), Netflix is choppy after hours as algos try to determine what is more important for them:the miss in domestic subs, which rose 2.25 million on expectations of a 2.31 million increase, of the beat in international (and very much money-losing although now expected to be profitable in 2014) subs, which rose 1.75MM vs estimates of 1.64MM.

Read more »
taylor_timebomb's picture
Created by taylor_timebomb 20 min 15 sec ago – Made popular 19 min 23 sec ago
Category: General Finance   Tags:
10

S&P Rallies To First 5-Day Streak In 6 Months On No Volume

http://feedproxy.google.com

With Europe still on holiday, US equity market volumes were in a word, abysmal (S&P futures only around 30% of average) but VIX saw action as volume was healthy and the machines were in charge of the action from start to finish. The Dow's intraday range (and volume) was the lowest of the year. This is the first time since Oct2013 that the S&P 500 has had 5 positive closes in a row just as we predicted this morning.

Read more »
zieg_the_fox's picture
Created by zieg_the_fox 20 min 45 sec ago – Made popular 19 min 26 sec ago
Category: General Finance   Tags:
10

"It's Impossible To Work Your Way Through College Nowadays"

http://feedproxy.google.com

"It's impossible to work your way through college nowadays"...is the hard-to-swallow (but not entirely surprising) conclusion of Randal Olson's research into just how extreme national tuition costs have become in the US.

Read more »
zieg_the_fox's picture
Created by zieg_the_fox 19 min 46 sec ago – Made popular 19 min 29 sec ago
Category: General Finance   Tags:

User login