European Inflation Rises From The Ashes On Rebound In Energy Prices

If October’s stunning(ly low) inflation print of 0.7% is what conventional wisdom believes is the reason for the surprising ECB rate cut (it isn’t – the culprit was the record low increase in private loan creation), then the just released modest increa… [...]

5 Things To Ponder Over Thanksgiving

Submitted by Lance Roberts of STA Wealth Management, With the "inmates in charge of the asylum" during this holiday shortened trading week it seemed to be an apropriate opportunity to share a virtual cornucopia of topics to consider while enj… [...]

Thanksgiving Frontrunning And Market Summary

European shares remain higher though are off intraday highs. Italian, Spanish markets are the biggest gainers among larger bourses, Swiss the worst. Euro is stronger against the dollar. Commodities decline, with soybeans, zinc underperforming and wheat… [...]

Guest Post: Zombies Make Dangerous Neighbors

Submitted by Doug French via Casey Research, On March 16, 2009, the Financial Accounting Standards Board (FASB), a private-sector organization that establishes financial accounting and reporting standards in the US, turned the stock market around and … [...]

Margin Debt Soars To New Record; Investor Net Worth Hits Record Low

The correlation between stock prices and margin debt continues to rise (to new records of exuberant "Fed's got our backs" hope) as NYSE member margin balances surge to new record highs. Relative to the NYSE Composite, this is the most &qu… [...]

How Gold Price Is Manipulated During The "London Fix"

There was a time when the merest mention of gold manipulation in “reputable” media was enough to have one branded a perpetual conspiracy theorist with a tinfoil farm out back. That was roughly coincident with a time when Libor, FX, mortgage, and bond m… [...]

Overnight Carry Continues To Push Risk To New Highs

There were two events of note in the overnight session: first was the return of the Japanese jawboning, because now that the Nikkei has upward momentum – nearly hitting 15600 in early trading only to close unchanged – and the Yen has downward momentum,… [...]

Frontrunning: November 21

When it fails, do more of it – Bank of Japan hints at extending ultra-loose monetary policy (FT) PBOC Says No Longer in China’s Interest to Increase Reserves (BBG) Fed casts about for endgame on easy-money policy  (Hilsenrath) Big trucks still … [...]

"Beggar Thy Neighbor" Is Back: Goldman’s Five Things To Watch As Currency Wars Return

“We’re seeing a new era of currency wars,” Neil Mellor, a foreign-exchange strategist at Bank of New York Mellon in London. This is what Bloomberg reported today in a piece titled “Race to Bottom Resumes as Central Bankers Ease Anew.” It adds: “The g… [...]

Guest Post: The Subprime Final Solution

Submitted by Jim Quinn via The Burning Platform blog, The MSM did their usual spin job on the consumer credit data released earlier this week. They reported a 5.4% increase in consumer debt outstanding to an ALL-TIME high of $3.051 trillion. In the Orw… [...]