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… [...]

Europe’s Peak Youth Unemployment Gets Peak-er

Despite a ratings ‘upgrade’ Spain’s youth unemployment rate has re-surged to a record 57.4% (just below that of Greece which still tops the scary chart list at 58%). Italy and Portugal also saw notable rises (despite the former’s record low short-dated… [...]

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… [...]

The Top Ten Market Mysteries

To paraphrase Mark Twain, “It isn’t the stuff you don’t know that will kill you – it’s the stuff you’re sure about but is totally wrong that will do you real harm.”  As a corollary to this fateful phrase, Convergx’s Nick Colas has collected a … [...]

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… [...]

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… [...]

The Stooges are Running the Show, Obama

Click here to follow ZeroHedge in Real-time on FinancialJuice It might have been the Republican shutdown (according to one person at the White House, at least). It might have been the fault of the Syrian leader Bachar Al-Assad gassing his peo… [...]

Dear "5.4 Star" Tesla, Tone Down Hyperbolic Hype, Love NHTSA

Encapsulating all that is wrong with the raise-your-stock-price-by-hyperbole-alone strategy of most new ‘tech’ firms, Tesla’s recent claim of a “5.4 Stars – out of 5″ safety rating from the National Highway Traffic Safety Administration (NHTSA) perhaps… [...]

The Most Despised Tax-And-Retreat French President Sinks Deeper Into Economic Quagmire

Wolf Richter   www.testosteronepit.com   www.amazon.com/author/wolfrichter The French habitually appear to be on the verge of having had it. But the incidents have been getting denser, more frequent. There were the protests in the B… [...]