High Noise To Signal Drives Markets
The capital markets are particularly difficult to navigate at the moment. The news stream is noisy. There are three issues that are confusing: the Fed, Greece and Australia.  How to …
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If You Must Speculate, Learn The Rules
Back in December I predicted that Campus Crest Communities (CCG) would likely become the takeover target for a private buyer, I wrote: My shark instincts tell me to avoid this REIT and I …
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Greece And The Endgame Of The Neocolonial Model Of Exploitation
With the bankruptcy of Greece now undeniable, we’ve finally reached the endgame of the Neocolonial-Financialization Model. We all know how old-fashioned colonialism worked:Â the imperial power takes physical control of previously …
Read More Central Banks Have Lost Control Of The World
With the world’s oldest central bank – Sweden’s Riksbank – taking the plunge into negative rates, there have been 19 ‘eases’ by central banks this year, Morgan Stanley warns of “ghosts of …
Read More Justice Delayed Is Par For The Course
DOW – 17 = 18,029SPX – 0.66 = 2099 NAS + 7 = 4906 10 YR YLD – .08 = 2.06%OIL – 2.56 = 50.97 The S&P 500 closed above …
Read More Patience Is A Virtue, Unless It’s Not
Amusing Headlines It’s amusing watching headlines of expectations and how things actually pan out. Yesterday MarketWatch reported Fed Minutes Could Show Growing Impatience With ‘Patient’. Today MarketWatch reports U.S. Dollar Sinks as …
Read More Researcher At San Franciso Fed Warns Of Excessive Easy Monetary Policy
Today we see an article, Betting the house: Monetary policy, mortgage booms and housing prices by Oscar Jorda, Moritz Schularick, Alan Taylor. They warn of excessive easy monetary policies. Their research uses …
Read More Greece Has Less Than One Week Of Cash; Another DOA Proposal Discussed Thursday; Exceptional Game Playing
Another DOA Greek Proposal Discussed Thursday It’s likely make-or-break for Greece in the next two days. Tomorrow the Eurozone to Weigh Greek Bailout Proposal, but it already that appears it’s no …
Read MoreFOMC Minutes Show Patient-er For Longer, “Foreign Risks”- Fearful Fed
The January statement had only modest changes so reading the tealeaves of the FOMC Minutes ‘should’ provide little additional color with the main focus on the meaning of ‘patient‘, fears …
Read More IMF Paper Introduces A New Financial Soundbite: Presenting “Rational Bubble-Riding”
Remember when one of the hot Fed buzzwords of 2014 was “macro-prudential regulation”, a phrase which was supposed to mean that the Fed can centrally plan every asst price, as …
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