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Markets, Regulators Ignore Ticking Time Bomb Of Shadow Margin Loans
Authored by Wolf Richter via WolfStreet.com, Magnitude unknown but huge. Brokerages push it to new heights.Stock and bond market leverage is everywhere. Some of it is transparent, such as NYSE margin...
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Earnings Beat "Fist Pumps" Very Muted This Quarter
Via Global Macro Monitor,Stephen Gandel of Bloomberg out with a good piece this morning on:…shares of companies that have reported both better-than-expected profits and sales for the second quarter...
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WTF Chart Of The Day: Draghi's 'Markets' Have "Totally Gone Nuts"
Two weeks ago we summarized the stunning impact that ECB Predit Mario Draghi's 'whatever it takes' efforts have had on European capital markets in one simple chart...The European Central Bank now owns...
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The Secret History Of The Banking Crisis
Authored by Adam Tooze via ProspectMagazine.co.uk,Accounts of the financial crisis leave out the story of the secretive deals between banks that kept the show on the road. How long can the system be...
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School Board Removes "Lynch" From The Name Of Three Schools Because It Was...
Authored by Daniel Lang via SHTFplan.com,Every time that the absurdity of political correctness reaches a new peak in our culture, it’s easy to assume that it can’t get any worse. But if we’ve learned...
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European Junk: "The Good-Looking Ones Are Always Bad News"
Authored by Kevin Muir via The Macro Tourist blog,Yesterday, a few different readers emailed to ask my opinion about the European Junk Bond versus US Treasury yield chart that Tiho Brkan from The Atlas...
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Stocks Rebound As Europe Ends 3-Day Losing Streak; VIX, Gold, Bonds Slide
S&P futures are modestly in the green, following gains in European and Asian shares, after the cash index climbed on Monday for the first time in three days as volatility tumbled amid abysmal...
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Would You Pay $1,000 For Each Equity Research Piece You Read? Autonomous...
Would you pay $1,000 for each piece of equity research you read throughout the day? How about $5,000 for an industry piece? Well, Autonomous Research, which was founded in 2009 by former Merrill...
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Massive PBGC Rate Hikes Force Corporate Debt Binge As Companies Try To Pay...
As if defined benefit pensions funds weren't fun enough for corporate shareholders, the Pension Benefit Guarantee Corporation (PBGC), the federal entity that backstops pension obligations when...
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The Fate Of Saudi's Vision 2030 Rests On Aramco IPO
Authored by Zainab Calcuttawala via OilPrice.com,It has been two months since Prince Mohammed Bin Salman’s ascendance to the role of heir to the Saudi Arabian throne, and the preliminary effects of his...
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Carmageddon Continues - Dealers "Wildly Overweight" SUVs As Sales Slow
Authored by Mike Shedlock via MishTalk.com,The auto boom, one of the key components propping up consumer spending, has come to an end. Dealers are wildly overweight SUVs just as the market turned.As...
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Are You Prepared For These Potentially Disruptive Economic Storms?
Authored by Frank Holmes via StockBoardAsset.com,SummaryAre government inflation numbers more “fake news”?A falling dollar is good for U.S. trade.Are you ready for a big fight?Here in San Antonio,...
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Did China's Bronze Swan Just Arrive? Copper Inventories Crash Most In History
Buyers withdrew more copper from the London Metal Exchange’s global warehouse network on Wednesday than at any time since daily records began in 1996, extending a 19-day drop.As Bloomberg notes, while...
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‘Things Have Been Going Up For Too Long’ – Goldman CEO
“Things have been going up for too long...” - Goldman Sachs’ CEO- Lloyd Blankfein, Goldman CEO "unnerved by market" (see video)- Bitcoin bubble is no outlier says Bank of America Merrill Lynch- Bubbles...
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Austria Makes History With First 100-Year Bond Sale Into Public Euro Markets
Austria, a country which itself is less than 100 years old, made European history today when it launched a 100-year government bond: the first such deal to be sold into eurozone public markets. While...
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Bill Blain: "This Is What Terrifies Draghi And Other Central Bankers"
Submitted by Bill Blain of Mint ParntersAustria 2% for 100 year bond will go down as "financial moment". Wake up and smell the coffee of economic realityBlain’s Morning Porridge – September 13th...
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"Dr.Copper"'s Contango Crushes Economic Hype
We warned two weeks ago that China's "Bronze Swan" was looming as the crackdown on leverage in the system by Chinese authorities may be forcing unwinds of the CCFDs - thus putting upward pressure on...
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Global Equities Hit New All Time High Ahead Of The Fed; VIX < 10; Japan...
S&P futures are little changed as the Fed begins its two-day FOMC meeting pushing the VIX below 10, down 1.3% and falling for the 7th day; European shares are lower as is the dollar while Japanese...
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Government By Goldman
Authored by Gary Rivlin and Michael Hudson via The Intercept, in partnership with The Investigative Fund,Steve Bannon was in the room the day Donald Trump first fell for Gary Cohn. So were Reince...
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Exactly How Many Warnings Do You Need?
Authored by Lance Roberts via RealInvestmentAdvice.com,When I was growing up my father, probably much like yours, had pearls of wisdom that he would drop along the way. It wasn’t until much later in...
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