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Initial Jobless Claims Plunge to Jan 2006 Lows, Government Warns Of "Seasonal Volatility"
submitted by mephisto 7 hours ago (via zerohedge.com)
So much for the idea of 'slack' in the economy, initial jobless claims just plunged 19k week-over-week to 284k (vs 307k expected) - the lowest since Jan 2006 (which was the lowest print since May 2000). This is the biggest beat of expectations in over 2 years. Continuing claims fell modestly. Let's not go popping the champagne corks of full recovery quite yet as non-seaonally-adjusted claims colla
Russian Boomerang Hits UK, Oligarchs Shift Assets From London
submitted by mephisto 7 hours ago (via zerohedge.com)
We warned 4 months ago that the UK especially should be fearful of sanctioning Russia and biting the hand that feeds its real estate recovery. However, it appears Cameron's ire has got the better of him, as The Telegraph reports, allies of Vladimir Putin are understood to be moving assets after British demands to punish the Russian president’s 'cronies' in the wake of the Malaysia Airlines disas
Frontrunning: July 24
submitted by mephisto 7 hours ago (via zerohedge.com)
EU to weigh extensive sanctions on Russia (FT)U.S. lifts flight ban to Israel (Reuters)Russia says will cooperate with MH17 probe led by Netherlands (Reuters)Norway faces ‘concrete and credible’ terrorist threat (FT)Don’t Tell Anybody About This Story on HFT Power Jump Trading (BBG)But... but... PMI: Unilever Sales Growth Misses Estimates on Asian Slowdown (BBG)World’s Biggest Wealth Fund
Another Airplane Tragedy: Contact Lost With Air Algerie Plane Carrying 116 Over West Africa
submitted by mephisto 7 hours ago (via zerohedge.com)
Not a day seems to pass in the past week without some airplane catastrophe: first over Ukriane, next over the South China Sea, now in western Africa over Mali where moments ago Air Algerie reported said that it had lost contact with one of its passenger aircraft carrying 116 people on board, nearly an hour after takeoff from Burkina Faso bound for Algiers. And what is most stunning is that just li
submitted by mephisto 7 hours ago (via zerohedge.com)
Overnight Manufacturing PMI Euphoria Boosts Futures To Fresh Record Highs
submitted by mephisto 7 hours ago (via zerohedge.com)
Ever since going public, it appears that Markit's giddyness about life has spilled over into its manufacturing surveys: after a surge in recent Markit mfg exuberance in recent months in the US, it was first China's turn overnight to hit an 18 month high, slamming expectations and fixing the bitter taste in the mouth left by another month of atrocious Japan trade data (where even Goldman has thrown
‘Apocalypse’ Krugman Ignores History, Keynes And Lenin’s Warnings
submitted by mephisto 7 hours ago (via zerohedge.com)
Paul Krugman’s latest missive in The New York Times again attacks those who warn about the risks of a new debt crisis and the ramifications of radical, ultra loose monetary policies. Krugman says that the recent concern about “debts and deficits” was a “false alarm.” He attempts to paint those who were concerned about the debt crisis as scare mongers. He sarcastically says that “t
Ex-Morgan Stanley Chief Jams Foot in Mouth, Complains of CEO Abuse
submitted by mephisto 7 hours ago (via rollingstone.com)
There's a ton of interesting stuff going on in the Wall Street sphere of late – I'm trying to [...]
Jamie Dimon's Raise Proves U.S. Regulatory Strategy is a Joke
submitted by mephisto 7 hours ago (via rollingstone.com)
If you make a big show of punishing someone and when you're done they still don't think they have a [...]
On Christmas, Republicans Quietly Declare War on Themselves
submitted by mephisto 7 hours ago (via rollingstone.com)
The holidays are a great time in politics Every year it's the same the minute the last bits of wrapp[...]

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