John

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Thinking About Ken Rogoff: Overleverage, Secular Stagnation, Savings Glut, Impaired Financial Trust

Ken Rogoff–of whom my standard line is: everything he says is very interesting, and almost everything he says is completely correct–is weighing in: …

The Mystery Of America's Missing Wage Growth Has Been Solved

One of the biggest conundrums, one that has profound monetary policy implications, and that has been stumping the Fed for the past year is how can it …

Look: Jilin prison inmates hold fashion show for Spring Festival

Inmates and police officers at the Jilin Provincial Women's Prison walked down the catwalk together yesterday during a fashion show put on by the …

USD to Extend Near-Term Rally on Strong Retail Sales Report

- U.S. Advance Retail Sales to Increase for Eighth Time in 2014.<p>- Rise of 0.2% Would Mark the Smallest Rebound for Entire Year.<p>Trading the News: U.S. …

"Return = Cash + Beta + Alpha": An Inside Look At The World's Biggest And Most Successful "Beta" Hedge Fund

Some time ago when we looked at the the performance of the world's largest and best returning hedge fund, Ray Dalio's Bridgewater (split roughly …

Untitled, GOOD NEWS, HOUSE SELLERS! Panic About Mortgage...

Untitled, The Extremely Controversial History Of Commodities...

Pending Home Sales Hit 6-Year High As Rising Mortgage Rates Help Propel Home Buyers

Looks like those rising mortgage interest rates are beginning to affect home buying. Pending sales of previously owned homes surged to six-year highs, according to the National Association of Realtors, as more buyers jump into the market looking to lock in on home prices and mortgage rates that …

China Bad-Loan Alarm Sounded by Record Bank Spread Jump

Borrowing costs for Chinese banks have surged the most in at least six years this month as rating companies say a cash crunch threatens to swell bad …

It's Stunning How Aggressively Investors Dumped Emerging Market Bonds This Week

It's almost unbelievable how rapidly investors are yanking their money out of the Emerging Markets.<p>The sucking sounds particularly loud in the EM debt markets.<p>"Emerging Markets debt-dedicated funds recorded net outflows of $5,578MM (2.19% AUM) for the week ending on June 26, 2013, reports EPFR," …

Stock Markets

Americans Are Late On Their Auto Payments

NEW YORK ( TheStreet) -- Cars and trucks are flying out of dealer lots like jackrabbits, but once they're parked in consumers' driveways, their …

You Could Have a 110 MPG Vehicle Right Now! http://www.go-tst.com/mrLwH

Creating a premium subscription service

So its been about a year that i've been experimenting with blogging / tweeting my trades / market thoughts. As a former flow / prop trader for one of …

1 Week Alongside the Fed's Open Mouth Operation

Presented with little comment aside to note that clearly the Bernank's comments remain key to the market's perception of the new 'Tapering' …

The Wall Street Pleasure And Main Street Pain Of Liquidity

<i>Authored by Michael Hartnett of BofAML,</i><p><i>"I take it for granted, that those eat now who never ate before; And those who always ate, now eat the more.”</i> …

Silver Lining Shattered As European Household Lending Plunges Most In 11 Months

As excess reserves in Europe continue to fall, prompting some to claim this is positive since banks are "no longer hoarding cash," the reality of a …

Ray Dalio's $70 Billion 'All Weather' Fund Is Getting Spanked

The Bridgewater All Weather Fund is down roughly 6 percent through this month and down 8 percent for the year, said two people familiar with the fund's performance.<p>The All Weather Fund is one of two big portfolios managed by Bridgewater and uses a so-called "risk parity" strategy that is supposed …

Investing

Underwater Drones Are Multiplying Fast

The next army of unmanned drones are scurrying beneath the ocean’s surface.<p>Hundreds of small camera-equipped robots developed by a range of companies …

Zillow 30-Year Fixed Mortgage Skyrockets By Massive 50 bps In One Week To 4.38%, Most Since 2011

Goodbye housing (non)recovery... except for those private equity-cum-landlord firms and offshore oligarchs who pay all cash of course.<p><i>Just out from</i> …

It's Fedpalooza

Since then, Fedtalk has become an even bigger obsession than normal.<p>This week is packed with speeches by Fed governors that markets are watching for more clues on the taper.<p>Tomorrow we have three Fed presidents and a five-year treasury auction.<p>Here's a quick look at what's on the …

Bank of America

Can The Taper Matter? Revisiting A Wonkish 2012 Debate

Last week, Ben Bernanke tested the waters for “tapering,” or cutting back on the rate at which he carries out new asset purchases, and everything is …

For Bonds, It's A Lehman Repeat

There is plenty of discussion of outflows but we though the following chart was perhaps the most insightful at why this drop is different from the …

Everything Every Federal Reserve Official Said About The 'Taper' This Year

Last Wednesday, Federal Reserve Chairman Ben Bernanke rocked the global financial markets by telling us that the Fed could begin to taper, or gradually reduce, it's month purchases of $85 billion dollar worth of Treasury and mortgage bonds.<p>Since then, St. Louis Fed President James Bullard said, …

Deutsche Bank

An Aggressive, Bloodthirsty Mosquito Is Invading The U.S

Named for the black-and-white stripes on its body, the Asian tiger mosquito (<i>Aedes albopictus</i>) was first brought to Texas in a shipment of tires (which are notorious for holding the standing water that mosquitoes require for breeding), the Wall Street Journal reports.<p>The bug is worrisome for …

Public Health

Incredible Images From National Geographic's Traveler Photo Contest

Check out a selection of images, which will be competing in four categories: travel portraits, outdoor scenes, spontaneous moments, and places.

Travel Photography

BofA: 'EQUITY BUY SIGNAL TRIGGERED'

Around the world, stock markets have faltered over the past month as fears that the Federal Reserve will taper back quantitative easing sooner than expected have crept into the global marketplace.<p>BofA Merrill Lynch Chief Investment Strategist Michael Hartnett says at this point, the sell-off looks …

Stock Markets

Really hot for the rear facing seats

Psullivan <i>Member</i><p>Joined:Sep 30, 2012<p>Messages:30<p>Location:Carlsbad, CA<p>I just recently had the rear facing seats installed on my Signature. While giving …

Wenzhou Shadow Banks Unhurt by China Crunch as Rates Steady

China’s efforts to rein in shadow banking, which contributed to the nation’s worst credit crunch in at least a decade, haven’t driven up costs for …

How A New York Taxi Company Killed The Electric Car In 1900

New York City is proud of its six upcoming Nissan Leaf cabs, but more than a hundred years ago an all-electric fleet of taxis served the city using …