admin

The US Dollar Index is crashing the most since QE1 was unleashed in Q1 2009. Following The Fed’s Dudley-isms this morning desperately jawboning some dovishness back into markets, the USD has plunged but the ubiquitous risk-on rally in stocks is very evidently missing as USDJPY soars back above BoJ NIRP levels. Today’s plunge is bigger […]

We are being lied to….The Federal Reserve has been telling us how great the economy is and how we are on track for higher rates as it continues to improve. However the markets are most definitely telling us something different. The stress that the markets are experiencing has not been an overreaction; it is a […]

It’s a miracle – Dudely speaks, CHNJPY mysteriously spikes higher, , Crude oil soars 8%, and The Dow soars 400 points off its lows. The question is – what now – as Dow runs stops to Monday’s cash open… Average: Your rating: None Average: 4.1 (11 votes)

Jim Buterbaugh is pissed off. Jim is from Whitehall, Montana, a sprawling metropolis of 1,038 residents. Whitehall is about a two hour car ride from Missoula, where community organizers calling themselves “Soft Landing” have lobbied to resettle around 100 refugees per year through the International Rescue Committee’s Reception and Placement Program. That effort started last […]Read More

As Europe struggles to cope with a migrant crisis that’s already the worst refugee catastrophe since World War II and which threatens to spiral even further out of control once the weather turns in the spring, officials have offered a variety of possible “solutions” to the various refugee-related “problems” that have cropped up. Some are […]Read More

Early last month, we asked a simple question when we learned that Martin Shkreli, pharma “bro” and the “most hated man in America” put up his $45 million E*Trade account to secure $5 million bail after he was arrested for fraud by federal authorities in December. “Will Martin, like the E*Trade-ing Joe Campbell whose short […]Read More

Via Scotiabank’s Guy Haselmann, Rapidly Standing Still While global central bank quasi-coordination ended in 2014, it completely diverged in 2015. This is highly troubling and dissimilar to other historical comparisons. The reason is because when both nominal and real interest rates are already zero and/or negative, cutting interest rates further is an action taken to […]

We have previously shown just how bad the situation in the US heavy trucking space – trucks with a gross weight over 33K pounds – was most recently in “US Trucking Has Not Been This Bad Since The Financial Crisis” in which we looked at November data and found, that “Class 8 truck net orders […]

Before we start, this tweet summed up most of the desk chatter todasy… #WallStreet traders at their desks today 😀 @ForexStopHunter @livesquawk @ForexLive @zerohedge @Schuldensuehner pic.twitter.com/yrfmQTwTkW — Jakub Stasik (@kubachybas) January 20, 2016 Services economy dismal, ADP data weak, crude fundamentals horrible… rip snorting ramp in crude and stocks… [embedded content] To be clear, today’s […]Read More

MTN has employed the services of former US Attorney General to help challenge the $3.9 billion fine imposed by the Nigerian Communications Commission (NCC) for failing to disconnect unregistered users according to the Financial Times. The former U.S. law enforcement officer, Eric Holder is said to have pleaded with Nigerian officials last month on behalf […]

The International Monetary Fund (IMF) on Tuesday, declared its intentions to lend Sub-saharan countries affected by plunge in oil prices, but admitted that it has not received any formal green light from the countries. The IMF Boss, Ms. Christine Lagarde in an official visit to Nigeria last month said it will strengthen the fund and partnership […]

A Nigerian woman, who has been dating the same guy for three years but has not married him because their genotypes were not compatible, has gone missing after spending a night with him on December 31, local newspaper, The Punch, reported on Wednesday, quoting family members and officers investigating the case. Grace Utum, 29, a worker with […]