A World of Debt
30
News about our biggest addiction
Follow
Your new post is loading...
Scooped by Vincent Denoiseux
Scoop.it!

Ben Bernanke Crushes Hedge Funds: Average Hedgie Underperforming S&P by 65% In 2013

Yes, yes, everyone knows hedge funds aren't benchmarked to the S&P - after all they "hedge" for the broader market downside.
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

And The New US Debt Ceiling Is...

And The New US Debt Ceiling Is... | A World of Debt | Scoop.it
The grace period between February and mid-May, when the US spent like a drunken sailor without regard for even structural limitations, and raked up over $300 billion in debt, or said otherwise when it was without an official debt limit, is over as...
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Goldman "Proves" That "Good News Is Good For Equities, And Bad News Is Good For Equities"

While anecdotally we see again and again that equities rally on bad news (The Fed will save us) and good news (see The Fed saved us), none of that matters until it gets the Goldman Sachs stamp of approval.
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

The Debt Ceiling Is Back

While many may not recall that the US has been without an official debt ceiling for the past three months, or even that it has a debt target ceiling, the bonus period agreed upon in January to let the nation rake up some $400 billion in addition...
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

The S&P 500 Is Now A Gambler's Paradise With 76.9% Up Days In May So Far

The S&P 500 Is Now A Gambler's Paradise With 76.9% Up Days In May So Far | A World of Debt | Scoop.it
Submitted by Adam Taggart via Peak Prosperity blog, Everyone knows the odds of winning in a casino are worse than 50% (often much worse depending on the game played).
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Gold Demand In One Chart: Physical vs ETF

Gold Demand In One Chart: Physical vs ETF | A World of Debt | Scoop.it
China's demand for gold jumped 20% to 294 tonnes in the first quarter of 2013, while global gold demand overall slid 13% thanks to the dramatic rotation of demand from paper to physical.
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

The S&P 500 Is Now At Extremes

The S&P 500 Is Now At Extremes | A World of Debt | Scoop.it
Submitted by Lance Roberts of Street Talk Live blog, Today's chart looks at the market from a technical perspective. While there are a plethora of Wall Street analysts calling for much higher levels for the S&P 500; most of these calls are based...
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Bill Gross: "We See Bubbles Everywhere"

Bill Gross: "We See Bubbles Everywhere" | A World of Debt | Scoop.it
It is only logical that when one of the smarter people in finance warns that he "sees bubble everywhere" that he should be roundly ignored by those who have no choice but to dance.
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Triple Dip Recession in France; It's Not the Weather

Triple Dip Recession in France; It's Not the Weather | A World of Debt | Scoop.it
France slipped into its third recession in four years as Germany barely went into positive territory, underperforming general expectations.
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Top hedge funds bet on Greek banks

Top hedge funds bet on Greek banks | A World of Debt | Scoop.it
Financial Times May 12, 2013 Some of the world’s leading hedge funds are pouring money into the Greek banking sector in expectation of huge potential returns, even as the country struggles to right its economy in the face of deep government...
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Ron Paul & Jim Rogers: "There's More Chaos To Come"

These are clear warnings signs that a rational person simply cannot ignore. Bottom line, Nations are going bust. And the worse things get, the more desperate their tactics become. This isn't the first time that the world has been in this position.
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

European "Bad Is Good" Stock Exuberance Continues But Bonds Reverse Gains

European "Bad Is Good" Stock Exuberance Continues But Bonds Reverse Gains | A World of Debt | Scoop.it
Another day, another set of horrible European data that merely stokes the idiocy of bad is good front-running of an ECB rate cut next week.
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Californians: Prepare For A 50% Hike In Pension Costs

It is no surprise that pension funds in the US are significantly underfunded (median 72% funded). California Public Employees’ Retirement System (CALPERS), specifically, is about 26% short of meeting its long-term commitments.
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Five Decades Of Asset Bubbles: Which One Is Next?

Five Decades Of Asset Bubbles: Which One Is Next? | A World of Debt | Scoop.it
Or maybe this is a trick question, and the answer for the "New Normal", when all central banks are coordinating on reflating the biggest asset bubble of all time, is "all of them"...
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Thanks To QE Bernanke Has Injected Foreign Banks With Over $1 Trillion In Cash For First Time Ever

Thanks To QE Bernanke Has Injected Foreign Banks With Over $1 Trillion In Cash For First Time Ever | A World of Debt | Scoop.it
Two years ago, Zero Hedge first made the observation that the bulk of Fed reserves (also known simply as "cash created out of thin air" because money is first and foremost fungible no matter what textbook theoreticians may claim, and the only cash...
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Bernanke "Wealth Effect" Completely Wasted On Trillions In Pension Funds

Bernanke "Wealth Effect" Completely Wasted On Trillions In Pension Funds | A World of Debt | Scoop.it
The last few years have been dominated by one theme and every trade has been a derivative bet on that theme.
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Market Rally Continues Along With QE

Market Rally Continues Along With QE | A World of Debt | Scoop.it
There has been a long string of crummy economic data which has largely been ignored (“bad news is good”) by bulls.
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Why Japan Is Bad For The World

Why Japan Is Bad For The World | A World of Debt | Scoop.it
Japan continues to be the world's biggest financial story. The consensus seems to be that the country's extraordinary economic measures are good for both itself and the world.
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Gold Demand Remains Strong As Buying Records Continue To Tumble

Gold Demand Remains Strong As Buying Records Continue To Tumble | A World of Debt | Scoop.it
Today’s AM fix was USD 1,377.00, EUR 1,070.01 and GBP 904.32 per ounce.
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Morgan Stanley: "Most Of The Buying Has Come From Shorts Covered Rather Than Longs Bought"

Morgan Stanley: "Most Of The Buying Has Come From Shorts Covered Rather Than Longs Bought" | A World of Debt | Scoop.it
Confirming what we explained recently, Morgan Stanley explains that among its equity long-short fund activity, the short activity (the net of shorts added and shorts covered) reached a minus-2 z-score indicating massive covering over the past 20...
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Greece Gets Rating Recognition

Greece Gets Rating Recognition | A World of Debt | Scoop.it
by Richard Barley
Wall Street Journal
May 14, 2013
What a difference a year makes.
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

10 Scenes From The Ongoing Global Economic Collapse

Submitted by Michael Snyder of The Economic Collapse blog,
When is the economic collapse going to happen?
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Social Mood Darkens in Europe, Especially France, as Eurozone Economy in Freefall

Social Mood Darkens in Europe, Especially France, as Eurozone Economy in Freefall | A World of Debt | Scoop.it
A PEW study on European Attitudes shows social mood is darkening in the Eurozone, but especially in France. The 78 page study "The New Sick Man of Europe: The European Union" is worth a look in entirety, but let's turn the spotlight on France.
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

On The Unsustainable Losses Of The Italian Banking System

On The Unsustainable Losses Of The Italian Banking System | A World of Debt | Scoop.it
While not in the throes of a real estate crash, Italian banks are seeing a sharp deterioration in the quality of their assets.
No comment yet.
Scooped by Vincent Denoiseux
Scoop.it!

Germany Private Sector Output Declines First Time Since November; Eurozone Activity Declines 19th Time in 20 Months

Germany Private Sector Output Declines First Time Since November; Eurozone Activity Declines 19th Time in 20 Months | A World of Debt | Scoop.it
As expected in this corner, the Markit Flash Germany PMI® shows German private sector output declines for first time since November 2012. Key Points: Flash Germany Composite Output Index(1) at 48.8 (50.6 in March), 6-month low.
No comment yet.