Updating Market Shadows

We’d appreciate feedback regarding the future direction of this blog. Given that Paul has decided to quit updating the portfolios, please let me know what you would be interested in seeing. Would you like the portfolios to be continued? Are you reading the news and commentary from other authors that contribute to this site? Are you [Continue Reading]

Forget Ebola, Florida Issues “Flesh-Eating Bacteria” Public Health Warning

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

As Ebola spreads mercilessly across the world, it appears Florida has a problem that sounds just as awful. As CBS reports, Florida health officials are warning beachgoers about a seawater bacterium that can invade cuts and scrapes to cause flesh-eating [Continue Reading]

When All Else Fails Blame “Free Markets”

Courtesy of Mish.

It’s rather amazing how people blame “free markets” for things that are 180 degrees removed from “free markets”.

For example, and in response to Political Greenwashing: US Exports Coal Pollution to Europe; What About China? reader Over Exposed writes “Excellent example of a complete and utter failure of the [Continue Reading]

Our Totalitarian Future – Part 2

Courtesy of Jim Quinn of The Burning Platform

In Part One, I asked questions your keepers don’t want to answer truthfully, while providing the contextual setting for how our over-populated world is progressing relentlessly towards a future of war and totalitarianism.

Totalitarianism Now

“Where the republican or limited monarchical tradition is weak, the best of [Continue Reading]

Whole Foods Discovers Stock Buybacks, And It’s Too Little Too Late: Stock Tumbles Again

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

A quarter ago, when we commented on the latest post-earnings collapse in Whole Foods stock, we said that "Whole Foods Misses, Lowers Guidance, Or What Happens When You Ignore Buybacks At The Expense Of CapEx", and broke down the results as [Continue Reading]

Political Greenwashing: US Exports Coal Pollution to Europe; What About China?

Courtesy of Mish.

While president Obama brags about clean energy advances in the US (mostly hot air and subsidies to uneconomic businesses), the US quietly exports pollution to Europe. Coal is a particular good example.

Please consider US Exports Help Germany Increase Coal, Pollution
LUENEN, Germany – One of [Continue Reading]

Debt Rattle Jul 30 2014: The State Of The Union Is Shocking

Courtesy of The Automatic Earth.

Arnold Genthe Long Beach, New York Summer 1927

Oh yay, US Q2 GDP supposedly rose by 4%. Aw, come on. That’s only 7% more than in Q1 (or 6.1% in the once again revised Q1 number). Wonder what made that happen? Don’t [Continue Reading]

Joshua Brown: When a Divergence is Just a Line on a Chart

The Reformed Broker discusses divergences in stock market indicators. People often attribute significance to two or more events occurring together when there is no significance. So just because volume declined, the S&P went up, but some stocks went down, doesn’t mean the market is about to fall, or rise, or rise then fall…

There’s ALWAYS a [Continue Reading]

GDP Deja Vu Stunner: Over Half Of US Growth In The Past Year Is From Inventory Accumulation

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Back in December 2013, when everyone was expecting a 3% GDP print for Q1, we did a simple analysis concluding that "Inventory Hoarding Accounts For Nearly 60% Of GDP Increase In Past Year." We stated that this "hollow growth", which is [Continue Reading]

JPMorgan Has Spent $18 Billion Buying Back Its Own Stock in Four Years

Courtesy of Pam Martens.

As Wall Street On Parade reported last week, Jeffrey Kleintop, Chief Market Strategist for LPL Financial, reports that corporations are now the single largest buying source for U.S. stocks – authorizing buybacks of their own stocks to the tune of $754.8 billion in 2013 alone.

And it’s a long-term [Continue Reading]

Q2 GDP Surges 4%, Beats Estimates Driven By Inventories, Fixed Investment Spike; Historical Data Revised

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Moments ago the Commerce department reported Q2 GDP which blew estimates out of the water, printing at 4.0%, above the declining 3.0% consensus, as a result of a surge in Inventories and Fixed Investment, both of which added over 2.5% of the [Continue Reading]

GDP Review: How’s Our Economy ‘Really’ Doing?

Courtesy of Larry Doyle.

Most pundits and analysts will understandably try to hype the better than expected 4% growth rate of 2nd quarter GDP reported this morning.

I get it.

Some might temper the hype by highlighting that growth in inventories accounted for approximately 1.7% of the growth. Others might choose to direct attention to the [Continue Reading]

M.A.D. Sanctions; Two Games at Once

M.A.D. Sanctions; Two Games at Once

Courtesy of Mish

M.A.D. Sanctions

Sanctions are a lose-lose-lose game. Consumers lose, businesses loses, countries lose. And the hypocrisy alone is appalling.

The EU wants sanctions to hurt Russia "more" than the EU. Thus the EU let a French military sale to Russia go through, while blocking transactions and [Continue Reading]

Our Totalitarian Future – Part 1

Courtesy of Jim Quinn via The Burning Platform

“On the first Christmas Day the population of our planet was about two hundred and fifty millions — less than half the population of modern China. Sixteen cen­turies later, when the Pilgrim Fathers landed at Plym­outh Rock, human numbers had climbed to a little more than [Continue Reading]

85 Super Wealthy People Have More Money Than The Poorest 3.5 Billion Combined

Courtesy of Michael Snyder of The Economic Collapse

The global economy is structured to systematically funnel wealth to the very top of the pyramid, and this centralization of global wealth is accelerating with each passing year. According to the United Nations, 85 super wealthy people have more money than the poorest 3.5 [Continue Reading]

On Dominoes, WMDs And Putin’s “Aggression”: Imperial Washington Is Intoxicated By Another Big Lie

Courtesy of David Stockman via Contra Corner

Imperial Washington is truly running amuck in its insensible confrontation with Vladimir Putin. The pending round of new sanctions is a counter-productive joke. Apparently, more of Vlad’s posse will be put on double probation, thereby reducing demand for Harry Macklowe’s swell new $60 million apartment units on Park Avenue. Likewise, American exporters of high [Continue Reading]

China Meat Scandal Spreads: McDonald’s Japan Slashes Guidance

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

We warned last week that the scandal over Chinese meat supplier OSI was spreading (and Asians were increasingly shunning western fast-food restaurants) and now, as The FT reports, McDonald’s Japan has pulled its full-year profit guidance on the back of [Continue Reading]

Whopping 35% Have Debt in Collection! Delinquent Debt in America: By Region and Metro Area, Where Is It?

Courtesy of Mish.

The Urban Institute has an interesting 14-page synopsis on Delinquent Debt in America.

By percentage, the number of people in collections is largely concentrated in the South, while amount owed shows no geographic pattern. The Urban Institute uses 2013 credit bureau data from TransUnion to measure how many Americans are [Continue Reading]

Deadbeat Nation: A Shocking 77 Million Americans Face Debt Collectors

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

We have been warning for years that as a result of the Fed's disastrous policies, America's middle class is being disintegrated and US adults are surviving only thanks to insurmountable debtloads. But not even we had an appreciation of how serious the [Continue Reading]

Debt Rattle Jul 29 2014: There’s A War Going On Already In Europe

Courtesy of The Automatic Earth.

Arthur Rothstein Elm Street, Theater Row, Dallas Jan 1942

I don’t think it’s ever a good sign, no matter how funny it may look, when the US state Department makes one think of Monty Python. But it does. With a Silly Claims instead [Continue Reading]

Wall Street Journal Reporter: “The Entire United States Market Has Become One Vast Dark Pool”

Courtesy of Pam Martens.

Citigroup, the Bank the U.S. Taxpayer Saved From Insolvency in 2008, Is Operating a Dizzying Array of Dark Trading Pools Today

In 2012, Wall Street Journal reporter, Scott Patterson, released his 354-page prescient overview of U.S. market structure titled, Dark Pools: High Speed Traders, A.I. Bandits, and the Threat [Continue Reading]