Archive For: January 2015

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The Real Battle In Europe: It’s Greece vs Wall Street

If Yanis and Alexis want to get anywhere, they’ll need to take on Wall Street and its international, American, French, German, TBTF banks, primary dealers. And if there’s one thing those guys don’t like, it’s democracy.

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China's Latest Trouble Spot------Flight Capital Chasing Strong Dollar

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Reagan OMB Head: Fed Fueling Ill-Gotten Gains

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Mind The Carnage In EM Currencies: Peso and Real Tanking, More To Come

Back over 15 / USD for the first time since March 2009, the Mexican Peso is tumbling hard this morning... and the Brazilian Real is also tanking (back near 10-year lows) - no clear catalyst aside from further weakness in oil producer and EM FX sentiment......

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Stupid Time In the Casino: Shake Shack Opens At 108X EBITDA/TEV

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Looks Like I'll Be Able to Retire Comfortably at Age 91

Needless to say, Social Security isn't going to fund a comfortable retirement, unless the definition is watching TV with an box of kibble to snack on.......By this definition of retiring comfortably, I reckon I should be able to retire at age 91--assuming I can work another 30 years and the creek don't rise.

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Marine Le Pen Soars In French Polls: Brussels/ECB Apparatchiks Under Populist Assault In Most Of Europe

Les Echos reports than in the 2017 presidential election anti-euro candidate Marine Le Pen in the 1st Round Lead With Nearly 30% of the Vote......

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Memo To Obama: Man Up And Tell Bibi To Stay Home

The United States has consistently appeased Netanyahu, and his predecessors, as one would placate a spoiled child. Not surprisingly, the child has reacted with increasingly unreasonable behavior. Bibi’s current tantrum underscores the foolishness of US policy, and points the way to a more rational approach.

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When Once Is Not Enough: Obama 3% Down Plan Setting Up Next Mortgage Meltdown

Here we go again. In the Obama administration, new guidance on housing policy invariably means lowering standards to get mortgages into the hands of people who may not be able to afford them......

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How The Feds Shot Themselves In The Foot: The Unconstitutional Doctrine Of 'Enemy Combatant'

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