The Iran "Deal" In One Cartoon

More promises…   (h/t Sunday Funnies)     [...]

Iran’s Rouhani: "We Are Not Dismantling Our Nuclear Facilities; Iran Will Maintain Its Uranium Enrichment Programme"

In case there was any confusion just how “historic” last week’s agreement with Iran, loudly trumpeted by the Obama administration as the most “historic” since Syria in a, well, long time, truly was in terms of curbing Iran’s nuclear ambitions, here is … [...]

WaPo’s Modest Proposal: Dictator Obama

“It’s time to put that power back where it belongs,” explains Jonathan Zimmerman in today’s Washington Post, “Barack Obama should be allowed to stand for re election just as citizens should be allowed to vote for — or against — him. Anything less… [...]

U.S. Oil Supplies in Storage Set to Pass the 400 Million Threshold

By EconMatters     Trend is to Store more Oil    A year ago oil in storage stood at 274 million barrels, and with another robust year of domestic production, and despite curtailed imports, the US Oil Inventory stands … [...]

No Red Futures On Black Friday

A hungover America slowly wakes up from a day of society-mandated consumption and purchasing excess to engage in even more Fed-mandated excess in the equity markets. The only difference is that while the “90%” was engaged in the former and depleting th… [...]

BofAML’s Top 10 Emerging Market Risks In 2014

While moderate recovery in growth and inflation is BofAML’s rates team’s base case, there are numerous risks to that forecast. The risk of tapering is already quite well known and they suspect it may not result in the significant market-moving event ma… [...]

"James Bond’s" Predictions for 2014…and Beyond

By: Chris Tell at http://capitalistexploits.at/ I first met Joe in Mongolia last year. He is one of the most fascinating men I’ve had the pleasure of meeting. A spook from the cold war with stories that would not be out of place in any spy novel. Trut… [...]

"We Are Playing Economic Russian Roulette"

Submitted by Brandon Smith of Alt-Market blog, By any reasonable measure, I think it is safe to say that the last quarter of 2013 has been an insane game of economic Russian Roulette.  Even more unsettling is the fact that most of the American pop… [...]

Iran Seizes Saudi Fishing Vessels, Arrests 9 Sailors

It didn’t take long to escalate Iran-Saudi relations, or the lack thereof, following this weekend’s nuclear (non) deal. Moments ago Iran’s Fars news agency reported that Iran’s coast guards have seized two Saudi fishing vessels after they entered the… [...]

Frontrunning: November 27

Winter storm lashes eastern U.S., threatens Thanksgiving travel (Reuters) Fed Reveals New Concerns About Long-Term U.S. Slowdown (BBG) Private equity keeps $789bn of powder dry (FT) – because they are “selling everything that is not nailed down” Merke… [...]