Zero Hedge Watch

Iconoclastic economist and Boston University professor Larry Kotlikoff, describes the US as arguably in worst fiscal shape than any other developed country. He estimates the fiscal gap at US$200 trillion, 17 times the reported US$12 trillion in official debt. What would it take to come up with US$200 trillion in... Show More

Zero Hedge Watch

Spain's 'real' GDP could be 21% lower than reported - With Spanish unemployment surging, tax collection low, and delinquent loans soaring, local news outlet El Confidencial notes that it does not add up that GDP has only modestly declined. The Spanish newspaper has published three charts which highlight the dramatic... Show More

Zero Hedge Watch

Rick Rieder, the CIO of BlackRock's fixed income division has expressed worries in an interview with Bloomberg TV saying that the Fed's current policies were distorting the market. He said QE's too big. You've got to taper down QE. It's created this tremendous distortion in interest rates. This was leading... Show More

Zero Hedge Watch

Goldman Sachs: payroll data is economically meaningless. The release of the US payroll reports is always closely watched by investors as this information is thought to show the strength of the economy and the future of the market. However, in a new report, Goldman Sachs admits it found this information... Show More

Zero Hedge Watch

Guggenheim's Scott Minerd has questioned the meteoric rise of Wall Street this year arguing that markets which have risen this strongly often pause or correct to consolidate their gains. Furthermore, he notes that the majority of price gains have resulted from P/E expansion as opposed to earnings growth. In the... Show More

Zero Hedge Watch

Recent Treasury selloff minor by historical standards. During May and June this year, the market saw a rapid selloff of Treasuries after the Fed announced earlier than expected tapering. This sent prices tumbling and yields up putting a dent in bond investors' profits. While this event was bad for the... Show More

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