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… [...]

Frontrunning: November 26

M&A Mystery: Why Are Takeover Prices Plummeting? (WSJ) Hedge-Fund Fight Club Traded Illegal Tips Not Punches (BBG) Speed Traders Meet Nightmare on Elm Street With Nanex (BBG) A new wave of U.S. mortgage trouble threatens (Reuters) Penny Lane: Gitm… [...]

Key Events And Issues In The Holiday-Shortened Week

Looking ahead at the week ahead, data watchers will be kept fairly occupied before Thanksgiving. Starting with today, we will see US pending home sales with the Treasury also conducting the first of 3 bond auctions this week starting with a $32 billion… [...]

5 (+3) Themes For The Next 5 Years

The following five themes (and three bonus ones) are what UBS Andrew Cates believes will be of the greatest importance for global economic and capital markets outcomes for the next five years. There is little to surprise here but the aggregation of the… [...]

Guest Post: Understanding China’s Arctic Policies

Submitted by Arthur Guschin via The Diplomat, Within the last seven years 11 countries (Poland (2006), Russia (2008), Finland (2009), France (2009), Sweden (2010), Iceland (2011), Spain (2011), Denmark (2012), Singapore (2012), Canada (2012) and Japan … [...]

September Trade Balance Worse Than Worst Estimate; Trade Deficit With China Hits Record

Despite the great shale revolution, US exports posted a $0.4 billion decline to $188.9 billion in October driven by decreases in industrial supplies and materials ($1.3 billion), other goods ($0.2 billion), consumer goods ($0.2 billion), and capital go… [...]

Frontrunning: November 11

Philippines Left Reeling in Wake of Storm (WSJ) Khamenei controls massive financial empire built on property seizures (RTRS) Race to Bottom Resumes as Central Bankers Ease Anew (BBG) U.S. Postal Service to deliver Amazon packages on Sundays  (LA … [...]

We’re In The Most Dangerous Moment Since the Cuban Missile Crisis

Scientists Warn of Extreme Risk We’ve long said that the greatest short-term threat to humanity is from the fuel pools at Fukushima. The Japanese nuclear agency recently green-lighted the removal of the spent fuel rods from Fukushima reactor 4&pr… [...]

Marc Faber Warns "Karl Marx Was Right"

Authored by Marc Faber, originally posted at The Daily Reckoning, I would like readers to consider carefully the fundamental difference between a “real economy” and a “financial economy.” In a real economy, the debt and equity markets as a perc… [...]