Unleash 'The Andy Hall Algo'... it seems the quarter-, year-end mark-ups may just be required to maintain 'some' hedge funds and hold off liquidation for another quarter...
Some context for this latest "The Bottom" in oil...
Even stocks have stopped playing along with oil's silly game...
What next?
Via Dana Lyons' Tumblr,
Like the CRB before it, the S&P GSCI Index has dropped all the way back to its 2009 lows; will it find support there?
It's Chrismas time. Only the scroogiest of scrooges would be laying people off this time of year and in fact this week's 267k print in initial jobless claims is back near cycle lows. The last time there were initial jobless claim in a holiday week was 1972, which raises the question - so what happens next?
Will it be different this time?
Well, no - Yellen is already raising rates.
Earlier this week, we recounted Seymour Hersh’s latest investigative report in which we learn that apparently, the Joint Chiefs of Staff worked to undermine the efforts of the White House and the CIA in Syria.
Since initially reporting on California's Alison Canyon gas leak, more details have emerged on the scale (and potential for no solution) of the problem as the infamous Erin Brockovich writes, "the enormity of the Aliso Canyon gas leak cannot be overstated. Gas is escaping through a ruptured pipe more than 8,000 feet underground, and it shows no signs of stopping," as according to the California Air Resources Board, methane - a greenhouse gas 72 times more impactful in the atmosphere than carbon dioxide - has been escaping from the Aliso Canyon site with for