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minecanary

minecanary
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  • Bullard gets even more hawkish [View news story]
    The stock market rising due to low interest rates is incidental. The real gorilla is the U.S. can't afford to pay any higher interest on the debt or everything will immediately go south. The FED will probably be revealed to be the 'Belgium' buyer at some point in the future. No matter what stock market gains or debt illusions they manage to pull off in the short term, there is no way back from the debt overload the world faces w/o a complete reset.
    Jun 10 10:01 AM | Likes Like |Link to Comment
  • Bullard gets even more hawkish [View news story]
    Of course, anyone who proposes a return to anything near normal gets the idiot treatment around here.
    Jun 9 11:03 AM | 1 Like Like |Link to Comment
  • Surprise: Japan Q1 GDP revised sharply higher [View news story]
    C'mon Shark, Anyone who can pretend to be solvent when they are a quadrillion yen in the hole deserves at least a little credit.
    Jun 8 10:08 PM | 3 Likes Like |Link to Comment
  • ISM corrects May report to 56, ahead of expectations [View news story]
    And I'm pretty sure you're another blowhard trying to make the figures say whatever viewpoint you want to push
    Jun 3 11:48 PM | 1 Like Like |Link to Comment
  • ISM corrects May report to 56, ahead of expectations [View news story]
    It means that the huge fudge they added in April, to make up for weather and the crappy Q1 numbers, is smaller then the extra large feel-good numbers they are going to add for may. Both are on their way to massive, just pretend numbers they will add in June for the quarter close print. The FED didn't print 5 Trill to allow any stinkin reality to mess w/the indexes.
    Jun 2 12:36 PM | 3 Likes Like |Link to Comment
  • More on the Barclays gold-fixing fine [View news story]
    Easy there Joker. You just got us all put on the NSA watch list (and our relatives and 3rd cousins).

    What gets me is say they are afraid of prosecuting the banks or head bankers as it may affect their underlings. It seems they are letting the 90% go to avoid harming the 10%.
    May 24 11:35 AM | 2 Likes Like |Link to Comment
  • Barclays escapes with small fine for gold manipulation [View news story]
    And they were so concerned about a decade of fraud that they fined them a huge 26 mill..as opposed to several billion for their other, lessor crimes. They also had to agree not to name names and to resume manipulating as soon as this column is taken down.
    May 23 07:53 AM | 2 Likes Like |Link to Comment
  • FHFA IG: Plenty still to come in mortgage investigations [View news story]
    No women is as fickle a lover as a campaigning politician.
    May 22 12:25 AM | 1 Like Like |Link to Comment
  • Dudley: FOMC to give wide berth to stocks as it hikes [View news story]
    And if their banker bosses really throw a hissy fit and tank the market, the taper will be off altogether, and purchase will be back at $100 bill. Of course, that's coming anyway since they can only pretend that Belgium is buying more T-bills then their GDP for a few weeks....The game will be totally up if China decides to throw a few hundred billion on the pile to protest the hacking charges.
    May 20 10:01 PM | Likes Like |Link to Comment
  • Notes from Goldman's annual meeting [View news story]
    Of course Lloyd forgets to mention he can continue breaking the commodity laws w/impunity because GS is too big to jail and the bastard father of central bankers everywhere. He won't give it up until the masses pry control from his slimy hands.
    May 17 11:20 AM | 1 Like Like |Link to Comment
  • Buffett, Loeb disclose stakes in Verizon [View news story]
    Now if they can just get Ackman to short it
    May 15 09:32 PM | 6 Likes Like |Link to Comment
  • Xi: China must get used to "new normal" of slower growth [View news story]
    Here in Ct.we get ads for them all the time. Get any gov't assistance through one of the 900 programs and you can get a free phone and 200 minutes a month...in case you need to call 911 or accept that job offer. It's federally funded so I'm sure it's available in every blue state.
    May 14 09:40 AM | Likes Like |Link to Comment
  • U-turn on GSE mortgage policy [View news story]
    Since the no verification products are working so well for school loans and autos, why not roll them out to housing? We can save on the Section 8 costs.
    May 14 09:12 AM | 2 Likes Like |Link to Comment
  • Sears mulling over unloading Canada business [View news story]
    You folks obviously don't know that it's been bad weather in Canada for the last 15 years
    May 14 09:07 AM | 3 Likes Like |Link to Comment
  • Xi: China must get used to "new normal" of slower growth [View news story]
    We'll see what happens when 300 million new home owners find out they are 80% underwater. It'll be worse then saying the Obamaphones are going away...
    May 11 02:07 PM | Likes Like |Link to Comment
COMMENTS STATS
412 Comments
592 Likes