Tesla Motors Inc. (TSLA) Gets Buy by Deutsche Bank
Tesla Motors Inc. (TSLA) was upgraded to ‘Buy’ from ‘Hold’ at Deutsche Bank (DB) in a research report issued to clients on Monday. The stock’s...
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“World Insecurity” May Have “Positive Impact On Gold” – Ex BOE Mervyn King
Geopolitical tensions remain high and should support gold. Yesterday, artillery shells exploded on the outskirts of the Ukrainian city of Donetsk as government forces aggressively...
Unloading More Euros
The entire foreign exchange world has been on hold this week, waiting for ECB president Mario Draghi to announce a well-deserved cut in Euro (FXE),...
Loose policies from Beijing help pump the credit bubble
If you read most media reports on People's Bank of China's latest monetary policy direction, it would seem that the central bank has only been...
Volume 14 Issue 32
Oil Patch Four
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Obama Calls Iraq “Long Term Project”; US Bombs Its Own Weapons; “These People Are Coming Here” Says Senator Graham
Senator McCain and others want to send more weapons to Iraq, as we bomb US weapons already there (but now in hands of Isis). Meanwhile,...
Weekend Entertainment: Dr. Strangelove vs. Mario Draghi
For those needing a weekend humorous reprieve, I offer this email from Noel in Vancouver Canada. Hi MishCouldn't resist this. Look at Mario Draghi's picture...
Scathing Anti-West Editorial in German Handelsblatt; Reader Emails on “Small Price to Pay”
Yesterday, a reader told me about a must-read article in the German financial newspaper Handelsblatt.Having no details other than it was a"must read" I failed...
US loan growth rate the highest since the recession
US credit growth continues to accelerate, reaching the highest year-over-year pace since the Great Recession.In 2012 the growth was primarily driven by corporate debt (chart...
Schedule for Week of August 10th
The key report this week is July retail sales on Wednesday. For manufacturing, the July Industrial Production and Capacity Utilization report, and the August NY...