Apr 1

Downside Data Surprises in Canada; Bad Weather Up

The string of bad data reports not only applies to the US, economists up North appear to be no better…

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Mar 30

UBS on the Driver for Gold: What is

An interesting article came my way from UBS analyst Julien Garran on the driver for gold. I do not have…

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Mar 29

Time to Eliminate Pilots in Aircrafts: Post Pilot

Instead of new rules making sure two people are in the cockpit at all times, how about a rule that…

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Mar 27

Patriot Act Vote Coming Up: Google joins Apple,

The Patriot act expires in June, and anyone in their right mind would wish the entire concept go away entirely.…

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Mar 26

Damn the Reports, Full Speed Ahead; Recession Overdue;

Here's one for the I'll believe it when I see it category: Fed Officials say Rate Hike Plan Intact Despite…

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Mar 25

GDP Projections Drop Yet Again, Still Too High

In the wake of a 6th consecutive decline in business spending GDP Growth Estimates Tumble, Again. The Federal Reserve Bank of…

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Mar 24

Screws Tighten: ECB Forbids Greek Banks From Buying

ECB Denies it is Blackmailing Greece Yesterday, Mario Draghi Hit Back at QE Hawks and denied the ECB was blackmailing Greece. Critics…

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Mar 23

Idle (and Extremely Late) Threat of the Day

The laugh of today comes from Fed non-voting member James Bullard who says Raise Rates or Face ‘Devastating’ Bubbles. The US…

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Mar 22

War Games: Russia Threatens Denmark, NATO Intercepts Russian

Destabilizing war drill exercises from both NATO and Russia are the order of the day. The more the drills, the…

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Mar 21

Evolution of Taxes: Italy Taxes “Shadows”, Tax on

Zero Hedge had an interesting article today called In Italy, They're Now Taxing Shadows. This is one of those stories where…

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Mar 20

Yield Curve, Futures, Suggest No Rate Hike Until

Curve Watcher's Anonymous is investigating the yield curve following Janet Yellen's exceptionally dovish FOMC announcement on Wednesday. Yield Curve 2-yr, 3-yr,…

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Mar 19

Cash Dinosaur: France Limits Cash Transactions to €1,000,

A few days ago I asked How Long Before Cash is Banned? My question was in reference to reader CNA (Cards…

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Mar 18

China’s Deflationary Bust and Beyond: Anne Stevenson-Yang Presentation

Anne Stevenson-Yang graciously made her presentation on China 2015 Risks - Deflationary Bust and Beyond publicly available. I wanted to embed…

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Mar 17

Obama Goes After UK, Australia, the World for

Constant China Accommodation A major spat between the US and the UK broke out last week with the Obama administration attacking…

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Mar 16

Dollar Shortage Revisited; Is Japan Zimbabwe? Who’s in

his post is a followup on the alleged US dollar shortage thesis as well as further discussion of the Yuan,…

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Mar 15

Massive Brazil Protests: Hundreds of Thousands Demand President

Protesters in 16 Brazilian states and the capital took to the streets of Brazil today demanding the resignation or impeachment…

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Mar 13

Major Currencies vs. US Dollar: 2015 Performance

One self-explanatory chart from Bloomberg conveys the overwhelming strength of the the US dollar this year.Major Currencies vs. US Dollar…

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Mar 12

Reality Check: How Fast is China Growing? Global

How Fast is China Growing? Analyst estimates of Chinese growth keep getting lower and lower. Yet, those declining estimates have all…

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Mar 11

Zombie Banking System Takes Another Leap Forward; Sugar

With the stock market at all time highs, corporations are in a mad rush to buyback more shares. Corporations just…

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