• Due to an avalanche of spam we have closed registration. This part of the site is now read only. No more digging or burying .
  • "Recent" is of course all recent stories sorted by the time they were added, the last items added are shown first.
  • "Upcoming" are stories that will be added to "Recent" after a short time period. (Currently 30 minutes)
  • If you see a page take a while to load, that means we're updating the database with fresh stories. You don't have to wait, you can just browse on.
  • This site doesn't rely on user contributions for its stories, like DIGG etc. All stories here are fetched automatically from RSS feeds.
  • By the way this site is mostly about "Music News", but I guess you already figured that out. There's a few non music things but not too many.
  • In order to keep the database somewhat under control all older stories will be deleted once a week, probably all stories older than one or two weeks or so, maybe a month, we'll see. Nobody cares about yesterday's news anyway I reckon.


Finance


Unanimous Fed Remains "Patient" On Target To Normalize Rates, Expects Lower Inflation - Full Statement Redline
submitted by mephisto 8 hours ago (via zerohedge.com)
With all eyes firmly focused on the words "patient" on rate hikes, "considerable" period of lower rates, and "transitory" oil-driven deflation, The FOMC did not disappoint*FED REPEATS IT CAN BE PATIENT IN STARTING TO RAISE RATES*FED SAYS ECONOMY HAS BEEN  `EXPANDING AT A SOLID PACE'*FED CITES `STRONG JOB GAINS' AND LOWER UNEMPLOYMENT RATE*FED SAYS INFLATI
 
US Inflation Expectations Hit Post-Lehman Lows Ahead Of FOMC
submitted by mephisto 8 hours ago (via zerohedge.com)
In what appears perfect timing, US inflation expectations (as measure by the market) have plunged to post-Lehman plunge lows - falling further even after The ECB unleashed Q€ last week... we are sure The Fed will be 'patient' and dismiss this as a good dis-inflationary trend that is merely 'transitory' but isn't it ironic... US Inflation expectations hit post-Lehman lows... and then th
 
"Patient" Fed's Other Problem: A Third Of Traders Today Have Never Witnessed A Rate Hike
submitted by mephisto 8 hours ago (via zerohedge.com)
2014 was "relatively easier," as the pre-determined pace of tapering had The Fed on auto-pilot last year. However, as WSJ's Jon Hilsenrath warns, Janet Yellen ’s job is about to get harder. Hinting that The FOMC is likely to remain "patient" in deciding when to start raising short-term interest rates later this year (and markets have started to price in lower for longer-er following recent macro
 
Bond Market Not Seeing Any Upcoming Rate Hikes After A Blistering 2 Year Auction
submitted by mephisto 8 hours ago (via zerohedge.com)
Last month, with the entire world absolutely certain that the Fed would hike rates, it seemed it was easier to pull teeth than to find buyers for the December 2 Year acution. Not so much this time: moments ago the US Treasury sold $26 billion in 2 Year paper in an auction delayed from yesterday's snow day, in a whopper of an auction which saw 3.739 dollars in demand for every dollar, a Bid to Cove
 
Zimbabwe's Gold Mines On Verge Of Collapse Due To Low Bullion Prices
submitted by mephisto 8 hours ago (via zerohedge.com)
To say that Zimbabwe has not had much luck in its recent, post Robert Mugabe-goes-berserk, history with fiat money is putting it lightly.But did you know that with gold trading at prevailing depressed prices, driven over the past several years not by physical demand but by paper supply, Zimbabwe is about to have another "money" moment, only this time not with fiat but with real money. The reason:
 
The History Of Global Crises Through The Eyes Of The US Dollar
submitted by mephisto 8 hours ago (via zerohedge.com)
Which is better: a stronger dollar or a weaker dollar? You decide...   "King Dollar" met Queen Caterpillar this week and awoke the beast of broken narratives that a strong dollar may not be the 'unambiguously good' thing so many proclaim it to be. However, with the rest of the world competitively weakening their currencies (in order to 'help' their economie
 
Now We 'Know' Greek Banks Are Really In Trouble
submitted by mephisto 8 hours ago (via zerohedge.com)
"When it gets serious, you have to lie," were the infamous words of one J-C Juncker and today - following the 40-50% collapse in Greek Bank equity capital this week,ECB's Bank Supervision boss Nouy has come out to calm everything down:*NOUY SAYS GREEK BANKS ARE 'PRETTY STRONG',  HAVE STRENGTHENED THEIR BALANCE SHEETS*ECB'S NOUY SAYS GREEK BANKS WILL SURVIVE CURRENT CRISISWhich, translated for
 
The Fed's Message, Simplified: Shortest FOMC Statement Since 2012
submitted by mephisto 8 hours ago (via zerohedge.com)
While the Fed is clearly hinting that lower crude inflation doesn't bother it because "recent declines in energy prices have boosted household purchasing power" and is generally more hawkish on the economy and the labor force, the clearest message from the Fed is simple: or so it would like to convey. At 569 this was the shortest FOMC statement since November 2012! Which can only mean one thing: a
 
Stock Market Liquidity Is The Lowest Ever For An FOMC Day
submitted by mephisto 8 hours ago (via zerohedge.com)
One way or another this is going to get wild... As Nanex exposes, liquidity in the S&P 500 e-mini futures contract (the most liquid equity trading vehicle) is the lowest it has ever been on an FOMC Day... Comparing eMini Liquidity to past FOMC days $ES_F - today is the lowest pic.twitter.com/8dnVuVlQ9r— Eric Scott Hunsader (@nanexllc) January 28, 2015
 
Markets Tumble As FOMC 'Upgrades' Economy & Jobs In Hawkish Statement
submitted by mephisto 8 hours ago (via zerohedge.com)
The 4 key phrases from today's FOMC Statement are:"Strong Jobs Gains" instead of "Solid Job Gains", "Considerable time" sentence dropped entirely"Solid Pace" instead of "Moderate Pace" For EconomyAdd "Inflation is anticipated to decline further in the near term" as new languageAnd voila, a hawkish policy statement... sending stocks, crude, and bond yields sliding on the news. "Strong Jobs Gai
 



News Categories


Video Categories