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Finance


1 day ago (via zerohedge.com)
Earlier today, we first reported that the massive CenturyLink NJ2 data center in Weehawken was in shut down mode as a result of a critical failure in its HVAC system. This promptly led BATS to issue a warning that "the cage will not have cooling over the next couple of hours at a minimum, so BATS would like to advise Members utilizing the BATS NJ2 PoP of potential impact that could result from ove

1 day ago (via zerohedge.com)
Earlier this year, Picasso’s Women of Algiers (Version O), set an auction house record when it sold for $179,365,000, including the house's premium, prompting us to remark that if you were looking for signs of runaway inflation, Christie’s may be a good place to start. We remarked further: The nearly $200 million price tag for the “riot of colors focused on scantily dressed women” is,

1 day ago (via zerohedge.com)
That's what happens Larry when you have 64.08mm shares short against 59.5mm shares outstanding... and traders read this (and the VIX is stuck in backwardation).  as backlwardation remains... Charts: Bloomberg

1 day ago (via zerohedge.com)
It's healthy... good for you... like broccoli?  Source: Townhall.com

1 day ago (via zerohedge.com)
Submitted by Mike Krieger via Liberty Blitzkrieg blog,Ironically, U.S. college campuses are rapidly becoming the least free, most censored places in the country. Many people have commented on this, including high profile, enormously talented comedians such as Chris Rock and Jerry Seinfeld. In fact, Chris Rock was so appalled that he stopped playing colleges because audiences had become &ldquo

1 day ago (via zerohedge.com)
Last Friday, when the market was down only 2%, we presented readers with a note which promptly became the most read piece across Wall Street trading desks, which was written by JPM's head quant Marko Kolanovic, who correctly calculated the option gamma hedging imbalance into the close, and just as correctly predicted the closing dump on Friday which according to many catalyzed Monday's "limit down

1 day ago (via zerohedge.com)
Submitted by Charls Hugh-Smith of OfTwoMinds blog,Anyone betting China's GDP is really expanding at 7% and the U.S. economy will grow by 3.7% next quarter is angling to be a bagholder.Once global assets roll over for good, it's important to recall that somebody owns these assets all the way down. These owners are called bagholders, as in "left holding the bag."Those running the r

1 day ago (via zerohedge.com)
It appears the collapse of China's stock market has officially taken its first victim. While we have heard from desperate farmers who lost everything after realizing that making money in stocks is not easier than farmwork, RT reports that a 57-year-old man has allegedly committed suicide in Shenyang, the largest city in Liaoning Province, by jumping off the 17th floor of a building with a blac

1 day ago (via zerohedge.com)
Submitted by TheAntiMedia.org,Over the last few years, the United States has not had the best track record with Deep Geologic Repositories (DGR) for nuclear waste. In February of 2014, the U.S.’ DGR, known as the Waste Isolation Pilot Plant (WIPP), had two separate incidents that compromised the integrity of the project by releasing airborne radioactive contamination. While most U.S. citizen

1 day ago (via zerohedge.com)
If the last two auctions, the 2 and 5 Year, were both wildly disappointing and confirmed what we had said that foreign central banks are no longer a strong demand presence in the short-end, today's 7 Year was a welcome surprise to anyone who is holding on to Treasury longs. Moments ago the 7 Year When Issued was trading at 1.939%, so when the 1.930% high yield print hit the tape, longs everywhere




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