Bonds Best-Bid But Bullion Blasted As Belgium-Bombing-Bounce Is Battered
"And It's Gone..."
It seems The Fed is not happy with the market's exuberance...
Which makes sense...Because the market is not lining up with reality...
Macro-economy? Nope...
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Business
Alice In Wonderland - Why Everything Is Nonsense
Submitted by Bill Bonner of Bonner & Partners (annotated by Acting-Man.com's Pater Tenebrarum),
Everything Is Nonsense
If I had a world of my own, everything would be nonsense. Nothing would be what it is, because everything would be what it isn’t. And contrary wise, what is, it wouldn’t be. And what it wouldn’t be, it would. You see?
– Alice’s Adventures in Wonderland
A public service message from the Mad Hatter – bad news is bad. Ominous, even. Hat help us all!
Record Loss For Petrobras As Political And Economic Crisis Worsen
Submitted by Nick Cunningham via OilPrice.com,
Petrobras reported a record loss for the fourth quarter, a horrendous performance that raises questions about the company’s ability to handle its mountain of debt.
Bob Pisani Says "The Fed Is Alarmed By Market Complacency" - Why This Is A Big Problem For Yellen
"Is the Fed confusing the market?"
Crude Plunges Below $40 At NYMEX Close
Between storage concerns and the potentially "meaningless" Doha production freeze talks, crude oil traders appear tohave realized that $40 oil is unsustainable at record glut levels... WTI crashed through $40 at the NYMEX close...