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Entire Treasury Belly Now Trading “Special” 27 Aug 2013 | 09:00 pm

Between a renewed demand for the relative geopolitical ‘safety’ of US Treasuries and the dismal US macro data starting to renew ‘hopes’ that the Taper will be delayed, the scarcity of high-quality col...

Ancient Egyptian Sphinx Mysteriously Unearthed In Israel 27 Aug 2013 | 09:00 pm

Things not where they are supposed to be? Historical strangeness via CNN: A recent discovery of part of a 4,000-year-old Egyptian sphinx has been a most unexpected find in Tel Hazor in northern Israel...

On The Global QE Exit Crisis 27 Aug 2013 | 08:39 pm

Authored by Stephen Roach, originally posted at Project Syndicate, The global economy could be in the early stages of another crisis. Once again, the US Federal Reserve is in the eye of the storm. As ...

This Time Around, Obama Really Won’t Negotiate Over the Debt Ceiling 27 Aug 2013 | 08:22 pm

Treasury Secretary Jack Lew said again this morning that President Obama’s resolve on the debt ceiling is firm: “What we need in our economy is some certainty. We don’t need another self-inflicted wou...

Italy is the Weak Link in Europe 27 Aug 2013 | 08:19 pm

The capital outflow from the emerging markets is proving as destabilizing as the previous inflows.  Pundits can talk about currency wars all they want, but the real issue is the ability to cope with v...

Deep Throat’s Parking Garage To Be Demolished 27 Aug 2013 | 08:12 pm

As historic landmarks go, the parking garage at 1401 Wilson Blvd, in Arlington, Va., just outside DC isn’t much to look at. But parking space 32D helped in its own way to bring down a president. The p...

Meet (And Follow) The US Naval Forces Breathing Down Syria’s Neck 27 Aug 2013 | 08:06 pm

With a US attack on Syria now seemingly inevitable, it is useful to get familiar (and in some cases follow in real time using their “social networking” sites) the US Naval forces amassing around Syria...

The 2005 Bankruptcy Bill: Knowing a Financial Crisis Was Imminent, Banks Lobbied Government to Pass Laws to Preserve Their Wealth 27 Aug 2013 | 07:57 pm

via chycho Our government representatives would like us to believe that the subprime mortgage crisis (2, 3, 4, 5) could not have been predicted. The truth is, the collapse was expected and authorities...

VIX Jumps To 9-Week High 27 Aug 2013 | 07:40 pm

It seems not everyone is so confident that this market drop is dip to be bought. With most of the Treasury complex trading ‘special’ and the S&P 500 back below its 50DMA, investors are grabbing protec...

We’re Still at War: Photo of the Day for August 27, 2013 27 Aug 2013 | 07:29 pm

Marines with 1st Platoon, Fox Company, 2nd Battalion, 2nd Marine Regiment, search compounds near Patrol Base Boldak during an early morning patrol July 31, 2013. U.S. Marine Corps photo by Sgt. Bobby ...

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