Archive for February, 2017

Update 2: according to the latest, at 11:35 AM PST: “We have now repaired the ability to update the service health dashboard. The service updates are below. We continue to experience high error rates with S3 in US-EAST-1, which is impacting various AWS services. We are working hard at repairing S3, believe we understand root […]

T-day has arrived for markets, says Bloomberg’s (and former FX trader) Mark Cudmore, warning that Trump’s speech to Congress will probably terminate the last vestiges of market hope for early inflationary action from the new administration. This post was published at Zero Hedge on Feb 28, 2017.

In a dramatic confirmation of the relentless growth of online video, at the expense of the agonizing, slow death of conventional TV, YouTube said that its worldwide viewers are now watching more than 1 billion hours of videos a day, on pace to eclipse total US TV viewership over the next few years, a milestone […]

The (Tax Refund) Check Is Not In The Mail No one likes paying taxes, but this year Americans are taking things to extremes. Through last Friday, the IRS had received 13.3% fewer returns than the same period last year. And it seems like we’re not even really interested in starting the process: visits to IRS.gov […]

How has the Swedish Central Bank’s committee that awards prizes in Economics in honor of Nobel responded to the field’s abject failures regarding the recent financial crisis and the Great Recession? A lesser group would display humility, acknowledge its failures, and promise a fundamental rethink of the field. Neoclassical economists, however, are made of sterner […]

How do you know America’s retailers are nervous? They make an ad. And while usually it is meant to “incept” consumers to have a strong desire for a particular product or service, in this case the object of the ad is something every retailer across the US hates with a passion: the Border-Adjustment Tax, or […]

Incident de l'inauguration de la LGV Tours-Bordeaux. Coup de feu accidentel. Un vigile s'est tir dans la jambe… — Eric Bziat (@ericbeziat) February 28, 2017 A police sharpshooter accidentally opened fire during a speech by French President Francis Hollande, injuring two people in the process, AP reported. The incident happened on Tuesday afternoon in Villognon, […]

“It’s T-Day” as one trader put it this morning. President Trump will address a joint session of Congress tonight for the first time as president in a much anticipated speech in which he will tell lawmakers the ‘time for small thinking is over,’ and ‘the time for trivial fights is behind us,’ as he lays […]

While US equity markets drift endlessly higher on sea of Trumptopian euphoria (and retail ETF ramps), European equity investors have hit the panic button this week. In the last week, investors have been piling into European VIX futures – hedging for a potential catastrophic end to the market calm ahead of French and Dutch elections. […]

VIX and stocks have decoupled for two weeks now… And we note that Catalyst Fund NAV has continued to tumble. This post was published at Zero Hedge on Feb 28, 2017.