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Blog Profile / Zero Hedge


URL :http://www.zerohedge.com
Filed Under:Business & Finance
Posts on Regator:46865
Posts / Week:238.2
Archived Since:February 18, 2011

Blog Post Archive

UMich Confidence Misses By Most In 13 Months

Following the Conference Board's tumble in confidence, Bloomberg's consumer comfort index surged this morning (rather aberrationally) to highs not seen since 2007. However, while UMich consumer confidence rose from last month to its highest since July 2007, it missed expectations by the most since October 2013. Show More Summary

Chicago PMI Suffers 4th Biggest Drop Since Lehman

Having surged to last October's highs last month, Chicago PMI tumbled back to mediocrity in November, missing extrapolatedly exuberant expecatations by the most since July. As 60.8 (against 63.0 expectations) this is barely above the levels of Q1's polar vortex as New Orders, Employment, and Production all fell (with only 2 components rising). Show More Summary

The Answer Why US GDP Surged Q3: Because Americans Are Suddenly $80 Billion Poorer

The final major datapoint of the day was the Consumer Income and Spending data from the US Dept of Commerce's Bureau of Economic Analysis, the same outfit that yesterday shocked everyone with just how much better US GDP was. Well, today, we learned just where the offset came from. Show More Summary

OPEC's Prisoner's Dilemma

In the middle of November, the CEO of Vodafone Vittorio Colao warned of a "prisoner's dilemma" in the efforts to offer bundled television and broadband services. It makes sense for a company to seek unique content to differentiate it from others. Show More Summary

Prosperity Amidst the Ruins

Submitted by Charles Hugh-Smith of OfTwoMinds blog, The fundamental problem facing the global economy is not slow economic growth but political inequality. It's striking: as economies stagnate, the top tier is living even larger while the low-income masses sink further into marginalized poverty. Show More Summary

Core Durable Orders Drop Most Since Polar Vortex, Core CapEx Lowest Since May

If yesterday the BEA provided the sugar high for Q3, with a GDP number that will be soon revised lower, then today's economic barage has so far been a disaster, with both Initial Claims, Personal Income and Spending, and now core Durable goods and capital goods shipments and orders missing across the board. Show More Summary

Initial Jobless Claims Spikes Above 300k To 3-Month Highs, Biggest Miss In 11 Months

Having trended gradually higher for the last 5 weeks (missing expectations for 4 of them), initial jobless claims printed an uncomfortable 313k (against expectations of a 288k print - the biggest miss in over 11 months) pushing to its worst level in 3 months. Show More Summary

US "Secret" Deal With Saudis Backfires After Oil Minister Says US Should Cut First

Who could have seen this coming? With oil prices holding at 4-year lows, heavily pressuring around half of US shale production economics, the "secret" US deal (see here and here) with Saudi Arabia to crush Russia via oil over-supply in a slumping demand world appears to be backfiring rapidly for John Kerry and his strategery team. Show More Summary

Two FBI Agents Shot Near Ferguson Protests

While the second day of protests in Ferguson were far more contained as a result of the tripled presence of national guard troops in the St. Louis suburb, with media instead focusing on events in New York, LA and other major metropolitan centers, St. Show More Summary

Frontrunning: November 26

National Guard, police curb Ferguson unrest as protests swell across U.S. (Reuters) Ferguson Reaction Across U.S. Shows Complex Racial Split (BBG) Democratic senator Schumer: Democrats Screwed Up By Passing Obamacare In 2010 (TPM) Veto...Show More Summary

The Real Reason Why The Swiss National Bank Hates The Gold Referendum

Switzerland seems to be in the eye of a storm lately, as several indications have resulted in a code red situation. The Swiss Franc is trading at its highest level versus the Euro since 2011 when the central bank had to intervene in the forex market to safeguard its purchasing power. Show More Summary

"Failed" Bund Auction At Record Low Yield And All Other Key Overnight Events

While there has been no global economic outlook cut today, or no further pre-revision hints of "decoupling" by the apartchiks at the US Bureau of Economic Analysis, both European and US equities are pointing at a higher open, because...Show More Summary

The REAL Looting Is Happening On Wall Street … Not In Ferguson

Images by William Banzai... OBVIOUSLY! The looting in Ferguson, Missouri is bad. The looters are giving the peaceful protesters against the shooting of Michael Brown a bad name, and provoking an armed (and over-militarized) response by the police. Show More Summary

U.S. Drone Strike Math – 41 Terrorists Targeted, 1,147 People Killed

Submitted by Mike Krieger via Liberty Blitzkrieg blog, While I haven’t covered the topic of drones very much as of late, it was a core topic at Liberty Blitzkrieg several years ago. The most recent, relevant piece I published on it was during the summer of 2013 and titled: The Truth About Drones. Show More Summary

The Unbearable Over-Determination Of Oil

Submitted by Ben Hunt via Salient Partners' Epsilon Theory blog, Jett Rink: Everybody thought I had a duster. Y'all thought ol' Spindletop Burke and Burnett was all the oil there was, didn't ya? Well, I'm here to tell you that it ain't,...Show More Summary

"Bearish" Mark Spitznagel Profiting Strongly Since 2009, Warns "Only So Much Debt An Economy Can Take"

Mark Spitznagel, author of "Dao of Capital" and among Wall Street's most bearish investors, is (profitably) holding out for a disaster. Despite noting that "The Fed has taken it further than it has ever taken it before," NY Times reports that Spitznagel's fund Universa has profited strongly even as stocks hit record highs. Show More Summary

Grant Williams: The Consequences Of Economic Peace

The following chart-heavy presentation from Grant Williams is among his best as he wends his way methodically from the 19th century to the present day (and into the future) examining "The Consequences of the Economic Peace." From Keynes...Show More Summary

American Spring Night 2: Ferguson Militarized; NYC Lincoln Tunnel, Times Square Blocked; Minneapolis Mayhem; Cincinnati Shut Down

With countrywide protests having occured across the nation all day, and more planned into the dark of the night, many cities are gearing up for another evening of fear and emotion. For now, the main trouble spots appear to be NYC (Lincoln...Show More Summary

The Swiss Referendum On Gold: What's Missing From The Debate

Authored by Eric Schreiber, via GoldSilverWorlds blog, The Swiss will vote on a referendum on November 30th that would ban the Swiss National Bank (SNB) from selling current and future gold reserves, repatriate foreign stored gold holdings to Switzerland, and mandate that gold must comprise a minimum of 20% of central bank assets. Show More Summary

Caught On Tape: Car Ploughs Into Demonstrators During Ferguson Rally In Minneapolis

Suddenly the countrywide Ferguson protests, which had progressed peacefully at least until now, took a turn for the ugly, when as the Star Tribune reported moments ago, A vehicle plowed through a group of demonstrators in Minneapolis several hours ago during a march and rally in the wake of last night's grand jury decision. Show More Summary

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