Comment Our table above shows stocks that have triggered the “flash crash” circuit breakers whereas Zero Hedge’s list shows stocks that made unusual flash crash-types of moves. Zero Hedge (Blog) –Exclusive: Presenting The Flash Crashes Of 2010 – Part 1 In an exclusive collaboration between Nanex and Zero Hedge, we are pleased to present to… Continue reading Flash Crashes
slate.com – Fed-Bashing Three Ways Beating up on the Fed used to make you an oddball. Does it still? According to a pre-election Bloomberg poll, 60 percent of likely voters who self-identified as Tea Party members said they want to see the Federal Reserve either reined in or abolished. The first circle is critical of… Continue reading Everyone Continues To Bash The Federal Reserve!
The Ewing Marion Kauffmann Foundation – CHOKING THE RECOVERY: And Unrecognized Risks Of Future Market Disruptions A strong, sustained recovery will require the formation and growth of new scale companies. These companies, in turn, often require access to equity capital as they grow. Traditionally, this has best been accomplished by the floating of shares in… Continue reading Are ETFs Slowing The Recovery?
Bloomberg.com – Recovery to Speed Up as Fed Moves Build Confidence, Survey Says The world’s largest economy will strengthen through next year as the Federal Reserve’s unprecedented actions help underpin consumer and business confidence, according to economists surveyed by Bloomberg News. After growing at a 2.2 percent annual rate this quarter and next, gross domestic… Continue reading … Or Will The Federal Reserve Help Speed Up The Recovery?
<Click on chart for larger image> The New York Times – The Enduring Myth of Gold’s Record High “Gold sets record high amid economic fears,” The Associated Press recently wrote. “Gold surges to record high,” CNN said. Gold closed Monday “at a record $1,402.80 per troy ounce,” the front page of The Wall Street Journal… Continue reading Putting Gold’s Rally In Perspective
The Wall Street Journal – Mortgage Lenders Set Back in Courts The new roadblocks being imposed by judges come just as many mortgage companies claim they are starting to see the end of the foreclosure mess, which erupted six weeks ago. J.P. Morgan Chase & Co. said in a securities filing Tuesday that it hopes… Continue reading Foreclosures
Zero Hedge (blog) – Mark Fisher Slams Bernanke: “QE Is Going To End Bad…This Is Going To Be The Bubble Of All Bubbles” Today’s must watch clip comes from Mark Fisher. Key highlights: “QE2 can’t end right. Worthless paper after endless paper…. What’s good for the equity markets is not necessarily good for the economy.… Continue reading Mark Fisher Predicts A New “Bubble Of All Bubbles”
The Wall Street Journal – The Next Credit Crisis? Munis Debtholders Are Left Steamed as Some Cities Forgo Repayment Promises. The credit-ratings firm has told analysts who follow municipal debt to “dig into government audits to make sure they are identifying these issues and that our ratings are correct,” he adds. Investors in municipal debt… Continue reading Munis
MarketBeat (WSJ Blog) – Precious Metals Watch: Can You Say ‘Margin Calls’? On Tuesday, silver prices soared $1.474 to $28.90 per ounce. After the market settled, CME Group, where the metal is traded, decided to raise the margin requirements for holding a silver futures contract from $5,000 to $6,500 per contract. Exchanges typically raise margin… Continue reading Silver Gets A Margin Call
The Wall Street Journal – Ireland’s Fate Tied to Doomed Banks With doubts swirling about the solvency of the Irish state in early September, Finance Minister Brian Lenihan summoned a dozen senior government and bank officials to a conference room nicknamed the “torture chamber,” a nod to its history as a venue for painful meetings.… Continue reading Ireland
FT Alphaville – US downgraded on QE2 … by Chinese rating agency Dagong Global Credit Rating Co. — the Chinese rating agency which hit headlines earlier this year for its AA-view on the United States — is back. With a US downgrade The Wall Street Journal – Chinese Credit Rater Downgrades U.S. The United States… Continue reading The U.S. Is Downgraded By Chinese Rating Agency
Bloomberg.com – King Price Struggle Prompts Investors to Seek Protection: Inflation Bonds Investors are buying more protection against inflation as the strength of the economy, a falling pound and the prospect of a sales-tax increase next year threaten to push the cost of living higher, strategists say. The central bank said in its quarterly inflation… Continue reading Inflation In The U.K.