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So David Einhorn is the Dumb Money on Apple
By EconMatters Think before going on CNBC This was the more revealing takeaway from David Einhorn`s whining on CNBC over his stuck Apple position, and throwing Amazon under the bus in the process. The...
View ArticleFrontrunning: February 15
G20 struggles over forex, at odds over debts (Reuters)Alwaleed Sells Airbus A380 to Invest in Middle East Firms (BBG)GOP Stalls Vote on Pick for Pentagon (WSJ)ECB officials rebuff currency targeting as...
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Meet The Icahnator: This Is What Happens When You Piss Off A Billionaire On...
Everyone recalls the slow motion trainwreck from the afternoon of January 25, when in an epic bitchfest, hedge fund titans Bill Ackman and Carl Icahn screamed at each other telephonically for about an...
View ArticleFrontrunning: March 1
US braced as cuts deadline passes (FT)U.S. stares down start of steep "automatic" budget cuts (Reuters)Yeltsin-Era Tycoons Sell Resources for Distance From Kremlin (BBG)Italy's center-left leader rules...
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Niall Ferguson Goes Searching For Paul Krugman's Embarrassing "Childhood Trauma"
Update: Krugman's sociopathological (he welcomes the adjective - it "gets the public's attention") response to Bloomberg is below:"My view is that I am indeed raising public awareness in an effective...
View ArticleFrontrunning: March 7
French unemployment rises again to highest since 1999 (Reuters)BoJ rejects call for monetary easing (FT)North Korea threatens pre-emptive nuclear strike against US (Guardian)Firms Race to Raise Cash...
View ArticleFrontrunning: March 8
Firms Send Record Cash Back to Investors (WSJ) And in totally opposite news, from the same source: Firms Race to Raise Cash (WSJ)China warns over fresh currency tensions (FT)Hollande faces pressure...
View ArticleFrontrunning: March 12
Cardinals head to conclave to elect pope for troubled Church (Reuters)Hyperinflation 'Unthinkable' Even With Bold Easing: Abe (Nikkei)Ryan Plan Revives '12 Election Issues (WSJ)Republicans to unveil...
View ArticleFrontrunning: March 18
Cypriot Bank Levy Is ‘Ominous’ for Bondholders, Barclays Says (BBG)Euro, Stocks Drops; Gold, German Bonds Rally on Cyprus (BBG)Total chaos:Cyprus tries to rework divisive bank tax (Reuters)More total...
View ArticleFrontrunning: March 25
Cyprus Salvaged After EU Deal Shuts Bank to Get $13B (BBG)Last-minute Cyprus deal to close bank, force losses (Reuters)Anxious, angry Cypriots face uncertain future (Reuters)Spain Brings the Pain to...
View ArticleFrontrunning: March 26
Berezovsky Died of Hanging Without Struggle, Police Say (BBG)BRICS Nations Plan New Bank to Bypass World Bank, IMF (BBG)China pledges more investments to Africa (FT)BOJ's Kuroda signals targeting...
View ArticleFrontrunning: April 2
The revolving door continues: Mary Schapiro joins Promontory Financial (WSJ)First Peek at Health-Law Cost (WSJ)Abe warns over Japan inflation target: warns 2% inflation target may not be reached within...
View ArticleFrontrunning: April 10
Germany: Europe's... poorest? ECB Survey Puts Southerners on Top in Household Wealth, Germans Near Bottom (WSJ)Obama Proposes $3.77 Trillion Budget to Revive Debt Talks (BBG)China trade data raise...
View ArticleFrontrunning: April 17
Boston bomb probe looking at pressure cooker, backpacks (Reuters), Boston Bomb Clues Surface (WSJ) Forensic Investigators Discover Clues to Boston Bombing (BBG)China local authority debt ‘out of...
View ArticleFrontrunning: May 8
Pentagon Plans for the Worst in Syria (WSJ)Russia and US agree to Syria conference after Moscow talks (FT)Hedge Funds Rush Into Debt Trading With $108 Billion (BBG)Detroit is the new "deep value" -...
View ArticleFrontrunning: May 10
PBOC Says China Shouldn’t Be ’Blindly Optimistic’ on Inflation (BBG)Foreigners Buying Half of London New Homes Prop Up Building (BBG) - first they come for the foreign deposits, then for the real...
View ArticleFrontrunning: June 19
China cash crunch deepens as PBOC withholds funding (FT), just a week behind ZHPlatts in hot manipulated crude again: Traders Try to Game Platts Oil-Price Benchmarks (WSJ)Kabul Suspends Security Talks...
View ArticleFrontrunning: July 2
Egypt on the edge after Mursi rebuffs army ultimatum (Reuters)Inside China's Bank-Rate Missteps (WSJ)Obama Urges Morsi to Respond to Protesters' Concerns (WSJ)How Fed’s 7% Jobless Avoids Deterring...
View ArticleFrontrunning: July 15
An actual Bloomberg headline: Granny’s Gold Bars Are Key to Vietnam Push to Boost Dong (BBG)Gay delivers further body blow to troubled sport (Reuters)China Wealth Eludes Foreigners as Stocks Earn 1% in...
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Herbalife Smashes Expectations, Guides Higher, Announces $0.30 Dividend:...
Today's most eagerly anticipated earnings release, that of Herbalife, also known as the focal point of the most entertaining feud of 2013 - that between Bill Ackman and Carl Icahn - were just released,...
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