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Wall Street Prepares For Bonus Season Pain As Comp Set To Slide
In a shining example of the law of unintended consequences, when 2012 started Wall Street bankers had expected that all it would take for bonuses to surge and offset 2011's deplorable comp, is another...
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Goodbye Japan, Hello Korea
As the government and Bank of Japan constantly survey the marketplace for speculation while intervening en masse with ever-decreasing levels of effectiveness, we thought the following charts would...
View ArticleGuest Post: Real Danger Of “Obamacare”: Insurance Company Takeover Of Health...
Via Nomi Prins of NomiPrins.com,Election rhetoric shuns the big picture in favor of the bigger platitude. Now that The Show is over, we are left with the equivalent of a Sunday morning hangover...
View ArticleDiversify With Silver As Set To 'Increase 400% In 3 Years'
Diversify With Silver As Set To 'Increase 400% In 3 Years'Silver remains the most under appreciated and under reported on asset in the world despite continuing positive fundamentals.The Telegraph...
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Euro Gold Record Over 1,400 EUR/oz By Year End – Commerzbank
From GoldCore Gold BullionEuro Gold Record Over 1,400 EUR/oz By Year End – CommerzbankToday’s AM fix was USD 1,723.25, EUR 1,349.66, and GBP 1,083.67 per ounce. Friday’s AM fix was USD 1,710.00, EUR...
View ArticleFrontrunning: November 21
Rough start for fiscal cliff talks (Politico)Europe Fails to Seal Greek Debt-Cut Deal in IMF Clash (Bloomberg)Japan’s Exports Reach Three-Year Low as Recession Looms (BBG)Beggars can be angry: Greek...
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On Europe's Apparent Utopia
With EURUSD hitting one-month highs and Greek and Spanish government bonds pushing higher day after day, one could be forgiven for thinking all is well across the pond. Tail-risks removed, firewalls in...
View ArticleSwiss Capital Controls Escalate As Credit Suisse Sets Negative CHF Deposit Rates
In a world that already makes little sense to most, Credit Suisse just pushed the envelope a little further. The bank has just announced that going forward it will be charging for firms to hold a CHF...
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Former Greek PM G-Pap's 89 Year Old Mother Said To Have $700 Million In Swiss...
There was a time when Swiss bank secrecy was the passion of every tax-challenged oligarch in the world. Then things changed, Obama made it s badge of honor to rat out anyone you know who has a bank...
View ArticleThis Is How Credit Suisse Informs Clients Their Cash Is No Longer Welcome
Back in June, the Danish Central Bank set a New Normal precedent by being the first bank to impose NIRP, after it lowered its deposit rates to a negative 0.20% for everyone, in other words anyone...
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Heavy Dollar Tone Continues
The US dollar continues to trade heavily, with the euro and sterling edging to new multi-week highs and the yen consolidating its recent losses. The main consideration appears to be the looming...
View ArticleFrontrunning: December 4
Two weeks ago here: The Latest Greek "Bailout" In A Nutshell: AAA-Rated Euro Countries To Fund Massive Hedge Fund Profits... and now on Bloomberg: "Hedge Funds Win as Europe Will Pay More for Greek...
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Currency Positioning and Technical Outlook: Stirred by not Shaken
We have been tracking the deterioration of the US dollar's technical tone over the past three weeks. That ended abruptly. Weak euro area data, a more dovish than expected ECB, and heightened...
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FX Themes and Drivers
News of greater political uncertainty in Italy and poor European data is spurring risk-off moves, with the dollar and yen firmer, emerging market currencies mostly softer, global equity markets lower...
View ArticleDaily US Opening News And Market Re-Cap: December 11
From RanSquawkRisk appetite in the European morning supported by German ZEW Survey results, first time positive since MayGreece completes debt buyback with sources saying the country is set to meet its...
View ArticleCredit Suisse Deploys Motivational Secret Weapon: Announces Another 120...
It appears that unlike UBS, which enjoys transacting in bulk, and announcing the firing of thousands of bankers en masse concurrent with the flurry of pink slips, its more nimble (but just as...
View ArticleOvernight Sentiment: The Printer Is Now In Draghi's Court
The two primary events of the overnight session have been the "agreement" on a single European bank supervisor (more on this in a subsequent article), and the just announced conclusion of the third...
View ArticleFrontrunning: December 14
Obama, Boehner hold "frank" meeting amid "fiscal cliff" frustration (Reuters)Rice Ends Bid Amid Criticism (WSJ)EU summit delays crucial decisions (FT)EU moves to cap bank bonuses at 2 times annual...
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"Momentum Ignition" - The Market's Parasitic 'Stop Hunt' Phenomenon Explained
A few days ago, Credit Suisse did something profoundly unexpected: its Trading Strategy team led by Jonathan Tse released a report titled "High Frequency Trading - Measurement, Detection and Response"...
View ArticleFrom High Frequency Trading To A Broken Market: A Primer In Two Parts
One of the topics most often discussed on Zero Hedge before the wholesale takeover of capital markets by central planners was finally accepted by everyone, was the domination of market structure (first...
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