Is Janet Yellen Smarter Than Me?

Yellen`s Talking Points   During Janet Yellen`s Senate Banking Committee testimony to paraphrase she said that she doesn`t see a bubble in stock prices based upon some of the metrics they utilize at the Fed, and she mentioned that the rise in… [...]

China Bond Yields Soar To 9 Year Highs As It Launches Crackdown On "Off Balance Sheet" Credit

As we showed very vividly yesterday, while the world is comfortably distracted with mundane questions of whether the Fed will taper this, the BOJ will untaper that, or if the ECB will finally rebel against an “oppressive” German regime where math and l… [...]

Stock Futures Rise To New Record Highs On Carry-Currency Driven Ramp

Another day, another carry currency-driven futures melt-up to daily record highs (the all important EURJPY soared overnight on the return of the now standard overnight Japanese jawboning of the JPY which sent the EURJPY just shy of a new 4 year high of… [...]

The Financial Times Follows Up On Reggie Middleton’s Admonitions Of A Canadian Housing Bubble

Two months ago I answered the query, Is There A Bubble In The Canadian Condo Market? for my subscribers. The missive started off like this:  The Canadian condo market is running into a precarious over-supply… [...]

Euro Tumbles After ECB Hints At QE

Despite the ECB’s recent “stunning” rate cut, which sent the EUR modestly lower by a few hundred pips, the resultant resurge in the European currency has left the European Central Bank even more stunned: just what does it have to do to force its curren… [...]

Cost of Living Not High Enough in EU

Click here to follow ZeroHedge in Real-time on FinancialJuice The EU may have many worries and woes that are slapping it around its face right now (and it could be said for a number of years), but there is one thing that is worrying economists more tha… [...]

Treasury Will Issue Its First Floaters On January 29, 2014

As was long predicted and foreshadowed (and analyzed here previously with the proposed FRN term sheet shown half a year ago), after nearly two years of foreplay with the idea of issuing inflation-friendly floating rate notes, moments ago as part of its… [...]

Kyle Bass Warns Fed Has Made "Stocks Only Game In Town" So "Rich Will Get Richer"

Having previously exposed the world to the "nominal stock market cheerleaders," it is clear that Kyle Bass sees things as only having got worse among developed nations. In fact, the following interview shows that he does not fear US losing it… [...]

Guest Post: The ‘No Exit’ Meme Goes Mainstream

Submitted by Pater Tenebrarum of Acting-Man blog, A Change in Tune It is interesting to watch how mainstream reporting on certain major topics at times undergoes chameleon-like changes with the meme originally presented suddenly turning into the exact … [...]

Guest Post: America The Reckless

Authored by Michael Spence, originally posted at Project Syndicate, The world’s developed countries face growth and employment shortfalls, while developing countries are confronting huge challenges in adapting to increasingly volatile capital flo… [...]