April 27th, 2011 by Belisarius
*** FT Alphaville: Markets Live – Fed press conference special, featuring Gavyn Davies ***
*** FT Alphaville: The United States of pension shortfalls ***
*** FT Alphaville: S&P has another go at Japan ***
*** FT Alphaville: Putting the ‘stag’ in stagflation ***
*** FT Alphaville: On the scale of hidden copper stocks ***
*** JESSE’S CAFÉ AMÉRICAIN: Eisenbeis: What’s A Central Bank To Do Besides Printing Money (And Pursue A Hidden Agenda?) ***
*** JESSE’S CAFÉ AMÉRICAIN: The Bankers’ Silver Scam Is Unwinding ***
*** Silver Monthly: Bunker Hunt’s Attraction to Silver: A History of Cornering the Silver Market ***
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April 26th, 2011 by Belisarius
*** FT Alphaville: What to expect from Chairman Bernanke ***
*** Gavyn Davies: Why has the American economy slowed down? ***
*** FT Alphaville: Grantham comes face-to-face with a paradigm shift ***
*** Reuters: China raises bar for polluters in restructuring plan ***
*** Calculated Risk: Timing: New Home Sales and Home Builder Reports ***
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April 25th, 2011 by Belisarius
*** The Big Picture: Is It 1994 Again? ***
*** The Big Picture: Cheapest Homes in 40 Years? Not Even Close… ***
*** Calculated Risk: March Survey: Almost half of housing market is now distressed properties ***
*** Early Warning: Disquieting Saudi Oil Indicators and the Next Oil Shock ***
*** Econbrowser: Saudi oil production and the Libyan conflict ***
*** The Reformed Broker: Become a Macro Strategist in Five Easy Steps! ***
*** Zero Hedge: America’s Fiscal Dead End: A 2013 “Minsky Moment” ***
*** Zero Hedge: Citi Expects A 76% Haircut On Greek Debt (And 95% If Country Waits 4 Years) For Debt/GDP Ratio Back Down To 60% ***
*** The Economist: Trying to pull together ***
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April 25th, 2011 by Belisarius
U.S. new home sales rose 11.1% to 300.000 SAAR; Consensus was at 280.000 SAAR, prior reading (revised upward 20.000) was at 270.000 SAAR.
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April 25th, 2011 by Belisarius
Jim Rogers, chairman of Rogers Holdings, talks about his investment strategy for global stocks and commodities. Gold advanced, approaching a record, as tensions in the Middle East boosted oil prices, increasing demand for precious metals as a protector of wealth and hedge against inflation. Rogers also discusses his strategy for the U.S. dollar. He speaks in Hong Kong with Rishaad Salamat on Bloomberg Television’s “On the Move Asia.”
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April 22nd, 2011 by Belisarius
U.S. railroads originated 295,426 carloads, down 0.4% compared with the same week in 2010 and down 2.6% compared with 5-year average. Week over week change was 0.6%.
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April 22nd, 2011 by Belisarius
Working gas in storage rose 47 Bcf from previous week. The consensus was at 52 Bcf.
Storage level is 175 Bcf lower than same time year ago and bellow 5-year average. Much better situation than last year.
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April 21st, 2011 by Belisarius
Philadelphia FED General Business Conditions Index fell from 43.4 to 18.5. Consensus was at 36.9.
As I wrote march reading was clearly an outlier, so this is a kind of normalization.
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April 21st, 2011 by Belisarius
Moody’s/REAL National Commercial Property Index fell 3.3% in February and it is now running at -4.9% y-o-y.
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April 21st, 2011 by Belisarius
*** JESSE’S CAFÉ AMÉRICAIN: Silver: Eligible Versus Registered and About That Big Inventory Change at Scotia Mocatta ***
*** JESSE’S CAFÉ AMÉRICAIN: Gold Daily and Silver Weekly Charts – The Sagging Dollar and Blythe’s Twisted Knickers ***
*** FT Alphaville: Barber-ians at the (Greek) gate ***
*** FT Alphaville: Greece is gonna get those restructuring whisperers ***
*** FT Alphaville: QEnding: rates and fates ***
*** FT Alphaville: Say goodbye to Anglo Irish ***
*** Condor Options: Why I’m Not Worried About VIX Derivatives ***
*** The Big Picture: If You Don’t Own Apple Products, Can You Be An AAPL Investor? ***
*** The Big Picture: How to Read National Association of Realtors News Release ***
*** Streetwise Professor: Don’t Blame Me! Blame Those Damned Speculators! ***
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April 21st, 2011 by Belisarius
Initial jobless claims in the U.S. were reported at 403.000 vs. 390.000 consensus and last week revised (up 4.000) reading of 416.000.
Four week moving average rising.
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April 21st, 2011 by Belisarius
April 21st, 2011 by Belisarius
Goldman will certainly have a good explanation how in a depressed demand environment stockpiles are falling in a oversupplied market.
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April 20th, 2011 by Belisarius
Sales of existing homes in U.S. rose 3.7% to 5.1 million units SAAR. Consensus was at 5.0 million.
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April 20th, 2011 by Belisarius
*** Pragmatic Capitalism: RECOGNIZE THIS PATTERN? ***
*** The Slope Of Hope: The Risk to the Bears ***
*** JESSE’S CAFÉ AMÉRICAIN: Gold Daily and Silver Weekly Charts – Goal Line Stand ***
*** JESSE’S CAFÉ AMÉRICAIN: Riding the Silver Bull: Worry If It Gets to Triple Digits This Year ***
*** JESSE’S CAFÉ AMÉRICAIN: The Much Abused Spirit of Contrarianism ***
*** FT Alphaville: Royal Wedding markets, then and now ***
*** Econbrowser: Keystone Gulf Coast Expansion Project ***
*** Reuters: Only toughest thrive in Glencore’s trading culture ***
*** The Slope Of Hope: Veritas ***
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