Blistering Demand For 2 Year Paper Send Entire Curve Tighter
Article By:
Tyler Durden
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Monday, November 24, 2014 9:17 PM EDT
If the sellside community was expected to side with the Fed and sell Treasury paper, then today's 2 Year auction indicated more than ample demand.
Deutsche Bank's Modest Proposal To Central Banks: "Purchase The Gold Held By Private Households"
Article By:
Tyler Durden
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Monday, November 24, 2014 7:57 PM EDT
From the bank that a few days ago informed us that "People Are Talking About Helicopter Money And Debt Cancellation Being The End Game," comes the logical next step.
Another Keynesian Debt Boondoggle: How Brussels Plans To Turn $26 Billion Into $390 Billion
Article By:
David Stockman
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Monday, November 24, 2014 5:33 PM EDT
The desperation and fraud of the Keynesian policy apparatus gets more stunning by the day. Apparently, the pettifoggers in Brussels will soon be announcing a new $400 billion bazooka to blast the euro-economy out of its lethargy.
Florian Siegfried: Seeking Less Risky Business In Mining M&A
Article By:
The Gold Report
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Monday, November 24, 2014 5:04 PM EDT
Florian Siegfried, head of precious metals and mining investments with Zurich-based AgaNola, says there are small signs—fewer equities participating in the recent rally, greater spreads in the high-yield market—that the sentiment toward gold is changing.
In this article: ABX, AG, NEM, NGD, NSU, RIC, ALIAF, DRGDF, DRLDF, GDQMF, RTRAF, UGDIF, USGIF, VGMNF, VITFF, GLD, EMXX, AKG
Week In Review: The Path Matters More Than The Destination
Article By:
Michael Gayed
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Monday, November 24, 2014 4:16 PM EDT
Whenever I see headlines that read “stocks hit new highs,” I tend to cringe. Stocks are not hitting new highs. A particular index, the S&P 500, is.
You Thought QE Was Over
Article By:
Lance Roberts
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Monday, November 24, 2014 4:03 PM EDT
As discussed previously, the correlation between the Fed's balance sheet expansion program and the subsequent changes in the S&P 500.
In this article: SPX
Holiday Fever Takes Hold Of Stock Investors, But A Pullback Is Needed
Article By:
Sabrient Systems
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Monday, November 24, 2014 3:15 PM EDT
Nothing goes up in a straight line, not even during the holidays, so a near-term market pullback would be a healthy way to prevent a steeper correction in January.
Walter Energy: Beware The Risk As Evidenced By The Company's Deeply Distressed Bond Prices
Article By:
Peter Epstein
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Monday, November 24, 2014 12:17 PM EDT
Walter Energy has unsecured bonds that quoted at about 28 cents on the dollar. Since bonds are senior in the capital structure to the equity, what does this say about Walter's share price which has doubled from its low to just above $3 per share?
Morning Call For November 24, 2014
Article By:
Jim Van Meerten
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Monday, November 24, 2014 8:54 AM EDT
December E-mini S&Ps (ESZ14 +0.24%) this morning are up +0.18% and European stocks are up +0.99% at a 1-3/4 month high after German business confidence unexpectedly rose for the first time in 7 months.
Germany Surprises, Helps Euro Tick Up
Article By:
Marc Chandler
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Monday, November 24, 2014 7:12 AM EDT
The German flash PMI was disappointing, but the ZEW survey was considerable better. The German IFO followed the ZEW lead, not the PMI. The IFO improved for the first time since April.
Lagging Long Yields
Article By:
David Merkel
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Sunday, November 23, 2014 5:10 PM EDT
This post is atypical for me. If you don’t like reading about bonds, Fed Policy, etc., you can skip down to the conclusion which are worth a read.
Everyone Wants Dollars (Again)
Article By:
Marc Chandler
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Saturday, November 22, 2014 1:03 PM EDT
The yen has been the weakest of the majors this month, losing about 4.7% against the dollar. The swing in interest rate expectations for the BOE has seen sterling slip 2.0%, more than twice the euro's 0.9% decline, thus far, in November. The S&P might be giving indication of an exhaustion gap.
Stock ETF Investors Should Track Junk Bond ETF Apathy
Article By:
Gary Gordon
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Friday, November 21, 2014 2:23 PM EDT
Perhaps as long as China is cutting rates and Europe is buying asset-backed securities – and as long as the U.S. maintains its policy of zero percent interest rates – investors can ignore traditional risk in stock assets.
The Average Hedge Fund Is Down -1% YTD, And The Redemption Requests Are Now Flooding In
Article By:
Tyler Durden
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Friday, November 21, 2014 1:33 PM EDT
Goldman pointed out last night, the return of the entire hedge fund universe as of November 19 is... negative 1%.
Morning Call For November 21, 2014
Article By:
Jim Van Meerten
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Friday, November 21, 2014 8:58 AM EDT
December E-mini S&Ps (ESZ14 +0.69%) this morning are up +0.65% at a record high and European stocks are up +2.03% at a 1-1/2 month high after China cut interest rates for the first time in over 2 years.