Time For An Emergency Rate Hike? Stocks Slammed Down 4% From Post-Yellen Peak

Re-unleash The Bullard… And the Nasdaq is nearly red for 2015… and all of yesterday’s spike in bond yields has been rallied away…   Charts: Bloomberg

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Did We Just Witness A Quadrillion Dollar Crime?

First we had “too big to fail”. Then came “too big to jail”. Now, finally, the U.S. Department of “Justice” is letting us know what it really thinks: U.S. Big Banks simply have a license to steal. The most amazing…

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It’s Time To Get Back To Basics – Let’s Get Rid Of The Fed

Why The Fed Should Raise Rates Now Now that U.S. stock markets have experienced their first 10 percent correction since 2011, investors are again looking to the Federal Reserve to bail them out. Although the Fed hasn’t raised interest rates in…

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Could Investors Be In For A Rude Awakening This Week?

Will she raise or will she not? As financial markets focus on whether we will see a Fed rate hike this week, investors may be in for a rude awakening. Why do we care about the Fed? We care about the…

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The Next Financial Crisis Could Be Much Worse… Here’s Why

It seems increasingly likely the next Global Financial Meltdown will arise in the FX/currency markets. Central banks are like generals: they tend to fight the last war. The Great Financial meltdown of 2008 was centered in too big to fail, too big…

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A Refugee Crisis Made In America

On April 29th, 2008 I had a Saul on the Road to Damascus moment. I had flipped open the Washington Post and there, on the front page, was a color photo of a two year old Iraqi boy named Ali Hussein being pulled…

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We Now Know What Happened At 6:12 AM This Morning

In a day in which the total breakdown of the market and the sheer dominance of various HFT algos was painfully obvious for any remaining carbon-based trader forms to see, we started off with not one but two E-mini trading…

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Three Reasons the Fed Cannot Let Rates Normalize

Analysts and commentators remain hung up on whether or not the Fed will raise rates next week. Certain Fed officials have been stating that the Fed should commence tightening. However, with China’s bubble collapsing, dragging down the Emerging Markets, there are…

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Is Life Insurance a Bad Bet Or Sheer Stupidity?

If you were to tell someone that the life insurance they had purchased was “a bad bet” or (even more judgmentally) “sheer stupidity”, almost certainly that person would feel insulted. Equally, if someone were to say that to you –…

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Mystery Buyer Of US Treasurys Revealed

Back in March 2014, we first revealed something quite stunning: a new, seemingly ravenous, and completely unexpected buyer of US Treasurys had emerged in the face of “Belgium” which was buying tens of billions in US paper at a weekly clip,…

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