Just in case we’re forgetting about the oil spill in the GoM, and the fact that it’s far and away the biggest environmental disaster ever since Noah’s flood, here’s a nice little live feed to remind us. http://www.wkrg.com/ gulf_oil_spill/spill _cam/ According to the latest (rough) estimate, around 160 million gallons of crude has escaped. What’s …

The right shoulder in the S&P H&S formation that we saw broken with lots of conviction and cowbell yesterday may just be the beginning of a fun ride downwards. Perhaps these articles concerning the I and C in the BRIC – which you can think of as the right and left testicle of the global ...

I’ve heard about the famous Hispanic temperament which can change as quickly as the weather, but still, the recent series of massively contradicting announcements – from the same mouths – simply take the cake. On June 18, the Spaniards declared that ‘all was well with our banking system – we aced the stress tests‘. Then, ...

Yeah right. Fucking up – one KIA at a time – in Afghanistan was NOT the reason Obama sacked Stan “Balls” Mcchrystal. Neither was the inability to control any sort of square inch within spitting distance of the Mayor of Kabul’s residence (i.e. the guy with the funny hat). And it was definitely not because ...

Yet another must-read for investors and traders (and ‘regulators 217; like SGX, though I’m not holding my breath) who continue to believe that HFT is a good thing for the Singapore market. This not-sanctioned-by-re gulators analysis describes what happened during the now infamous Flash Crash, and why the next Flashier Crash has about 120% chance of occuring. ...

(I’m going to regret not trademarking this. But you heard it here first!) From FT “China attempts to soothe worker unrest“ China’s top leadership has acknowledged the gri …

First, we have BMO telling its clients about its latest wealth-preservation strategy, i.e. “Go To Cash Now”. Then we have George Soros – the guy who probably speculated against his own grandmother’s pension fund – saying that “we’re now in Act II of Hamlet, and we know how the play eventually ended: everybody dies.” Here ...

Standard “anti-terroris m” playbook being rolled out: label someone a terrorist, issue a bounty, and wait for the head to be delivered. It wouldn’t surprise us if Thaksin decides to move back to his stronghold in the north eastern provinces, where he will issue regular video broadcasts threatening all out heck on the infidels in BKK, ...

Now that the flames of rebellion have been stamped out with an iron boot on the streets of Bangkok, things will go back to normal, right? Colonze 2 and Poseidon back to full swing, yes? Throngs of tourists will be back to shop at MBK, and take some nice pictures of the “burnt-out-rub ble-formerly-known-a s-Central-World̶ 1;, correct? As ...

Corporates turn financial terrorists: now declaring war on sovereigns. Rio Tinto says Australia as its number 1 sovereign risk, which of course, sends the Aussie dollar a bit closer to hell (resulting in even more JPY carry traders being carted out in body bags in the process). And you citizen-type people thought that you were ...