Frontrunning: April 11
Obama to report to his bosses today: Obama Meets With Blankfein, Dimon and Moynihan Today (BBG)2007 is here all over again: Seeking Relief, Banks Shift Risk to Murkier Corners (NYT)Kuroda Calls BOJ...
View ArticleFrontrunning: May 22
Apple Bonds Stick Buyers With $280.6 Million Loss as Rates Climb (BBG) Iceland Freezes EU Plans as New Government Shuns Euro Crisis (BBG)"Transparent Fed" - Ben Bernanke meets privately with Darrell...
View ArticleFrontrunning: May 31
Record unemployment, low inflation underline Europe's pain (Reuters)The ponzi gets bigger and bigger: Spanish banks up sovereign bond holdings by more than 10% (FT)China’s Growing Ranks of Elderly...
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Ron Paul: Gold Could Go to 'Infinity'
Today’s AM fix was USD 1,283.25, EUR 978.98 and GBP 836.21 per ounce.Friday’s AM fix was USD 1,290.25, EUR 976.28 and GBP 833.33 per ounce.Gold climbed $15.50 or 1.21% on Friday and closed at...
View ArticleFrontrunning: June 25
Here come the rolling blackouts: Obama takes on power plant emissions as part of climate plan (Reuters)Walking Back Bernanke Wished on Too Much Information (BBG)As previewed last week: Bridgewater "All...
View ArticleFrontrunning: July 5
Egypt Girds for Muslim Brotherhood Protests (WSJ)SAC Capital's Steven Cohen Expected to Avoid Criminal Charges (WSJ)SAC insider-trading probe could last years (Reuters)RBI seen selling dollars around...
View ArticleThis Morning's Futures Levitation Brought To You By These Fine Events
In a day in which there was and will be virtually no A-list macro data (later we get the FHFA and Richmond Fed B-listers), the inevitable low volume centrally-planned levitation was attributed to news...
View ArticleFrontrunning: July 31
Ackman Says Pershing Square Takes 9.8% Stake in Air Products (BBG) - So is APD Carl Icahn's biggest ever short yetLatest Hilsenplant: Summers Hedges His Doubts on Fed's Bond Buying (WSJ)China Stocks...
View ArticleFrontrunning: August 2
Low Wages Work Against Jobs Optimism (WSJ)Tourre’s Junior Staff Defense Seen Leading to Trial Loss (BBG)Russia gives Snowden asylum, Obama-Putin summit in doubt (Reuters)Fortress to Blackstone Say Now...
View ArticleFrontrunning: August 6
Washington Post Company Chairman and CEO Donald Graham talks about the sale, what it means for the future of The Post (WaPo)Private-equity firms are adding debt to companies they own to fund payouts to...
View ArticleNot Even More Fake Chinese Data Can Push Futures Higher
The good, if fake, Chinese "data" releases continued for a second day in row, dominating the overnight headlines with a barrage that included CPI, PPI, retail sales, industrial production, fixed...
View ArticleFrontrunning: September 5
BOE Leaves Policy Unchanged as Carney’s Guidance Assessed (BBG)Surprise or not, U.S. strikes can still hurt Assad (Reuters)Samsung Gear: A Smartwatch in Search of a Purpose (BusinessWeek)'Jumbo'...
View ArticleFrontrunning: September 17
Less Tapering Becomes Tightening Credit No Matter What Fed Says (BBG)Yellen Is Now Top Fed Hopeful (WSJ)Syria - A chemical crime, a complex reaction (Reuters)More ECB collateral: Wrecked cruise ship...
View ArticleFrontrunning: September 18
Fed likely to reduce bond buying, pass policy milestone (Reuters)Fall in Home Loans Pushing Fed Away From Taper in Mortgage Bonds (BBG)Russia says U.N. report on Syria attack preconceived, political...
View ArticleIs This The Start Of China's Gold Miner Buying Spree?
Back in October of 2012, Hugh Hendry proposed a simple investment thesis: '"I am long gold and I am short gold mining equities. There is no rationale for owning gold mining equities. It is as close as...
View ArticleFrontrunning: September 24
Iran Icebreaker Set at U.N. (WSJ)Chrysler Feud Triggers IPO Filing (WSJ)JPMorgan Chase, 12 More Banks Said to Be Sued Over Libor (BBG)Regulator sues Morgan Stanley, eight others over faulty...
View ArticleFrontrunning: November 1
US admits surveillance on foreign governments ‘reached too far’ (FT)He must be so proud: Obama halted NSA spying on IMF and World Bank headquarters (RTRS)Obamacare website gets new tech experts;...
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Gold Very Strong In November - Returned 4.93% On Average In Last 10 Years
Government data in the U.S. showed that the pace of business activity in the U.S. Midwest jumped in October, exceeding expectations and U.S. jobless claims declined somewhat last week.Other real world...
View ArticleFrontrunning: November 5
China premier warns against loose money policies (Reuters)Brussels forecasts tepid Eurozone growth (FT)SAC Case Began With Informant’s Tips on Cohen, Rajaratnam (BBG)Dirty Munich Home’s Nazi Loot...
View ArticleFrontrunning: December 4
EU Fines Financial Institutions Over Fixing Key Benchmarks (Reuters)Euro-Area Economic Growth Slows as Exports, Consumption Cool (BBG) - someone has a very loose definition of growthUkraine Officials...
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