As "Fine Wine" Rolls Over, Will Stocks Follow?

FIND OUT MORE

Calendar

Marc Faber On Gold Nov 26 2011

Unemploy Wall Street ft. Danny Schechter... Kaiser Report

'World fears US as a war-hungry drunk' - ex-Senator

Lipstick on PIIGS: 'Germans fed up with Eurobondage'

Medvedev Goes Ballistic: Russian missiles in West's backyard?

What's Next for Europe & Markets with Sarkozy

Mossad vs Assad? 'CIA death squads behind Syria bloodbath'

EOCI index up ticked back above the 30 level

On a very positive note that EOCI index up ticked back above the 30 level to 32.24. This is very interesting because in the entire history of the index it has never dipped below 30 without the economy being in, or going into, recession - except once. In 1968-1970 the index slipped below the critical level of 30 and then recovered briefly above it. This occurred without a recession in tow. However, it quickly fell below it once again and the economy slipped into recession. It is my best guess that this may potentially be the case today.

FIND OUT MORE

Superfail: Why D.C.’s Fiscal Clown Show May Still Yield Results

Calendar

Achuthan with CNBC

Fukushima Hydrogen buildup at plant

TED Spread Cardiogram

The TED spread is the difference between the interest rates on interbank loans and on short-term U.S. government debt (“T-bills”). TED is an acronym formed from T-Billand ED, the ticker symbol for the Eurodollar futures contract. Most people ignore this indicator day-to-day, because we all just assume the the heart beat of the banking market will keep beating on, but in 2008 everyone was watching it.

Basically the TED spread is the EKG for stress in the worldwide banking system, and right now it’s up over 221% in the last year. When it goes higher, that means banks are growing more & more short of breath to lend to each other. And if bankers can’t trust bankers, who can they trust? So, maybe it’s time to take note again.

FIND OUT MORE

Farage: What gives you the right to dictate to the Italian people?

EFSF Spread Breaks 190bps

EFSF spreads broke 190bps for the first time - clearly signaling the market's perception of the AA/A as opposed to AAA/AA creditworthiness. French spreads traded wide of 196bps (record wides).

FIND OUT MORE

Kyle Bass with BBC

The Silver Bears Are Back

Scarlet Fu on finding yield in divided-paying stocks

The Rumors Were True: Paulson Liquidates A Third Of His GLD Gold Share Class; Buys More Bank Of America And Capital One

FIND OUT MORE

Spanish Bond Yields Pass 6% For First Time Since August

FIND OUT MORE

Calendar

Grant Says ECB to Print Money, Is `Heading for Trouble'

Grant Says ECB to Print Money, Is `Heading for Trouble'

Max Keiser: China to beat IMF to Italy's gold

Italian Debt Crisis Has Global Markets on Edge. Here’s Why It Matters to You

Jin Liqun: Europe induces 'sloth, indolence'

Loose Cannon: Will Israel attack Iran?

'Iran cornerstone of possible WW3 over Mid East'

Will Israel attack Iran? - FoxNews

Calendar

Euro could be dead by end-November

Damn it Feels Good to be a Banksta

ECRI Recession Watch

The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) posted -9.4 in its latest reading, data through October 28, off its interim low of -10.1 set over the previous two weeks. (Note: last week's original level of -10.0 was revised downward to -10.1.)

On September 30th, the ECRI publicly announced that the U.S. is tipping into a recession, a call the Institute had announced to its private clients on September 21st.

FIND OUT MORE

European Panic As Interbank Liquidity At Worst Level Ever

The liquidity in the market now from a European point of view, contrary to what broken indicators may show, is the worst it has ever been with nearly $1.6 trillion in liquidity removed from broad circulation and parked with either just the Fed or the ECB.

FIND OUT MORE

Scientist Marco Kaltofen Presents Data Confirming Hot Particles

Calendar