IEHI Feed: The Hedge Fund Implode-o-Meter http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-54746 Tue, 19 Aug 2014 17:25:27 GMT NATO-Member Turkey Threatens Western-Owned Banks, Shifts East, Cozies up to Russia http://hf-implode.com/viewnews/2014-08-19_NATOMemberTurkeyThreatensWesternOwnedBanksShiftsEastCoziesuptoRu.html iehi-feed-54744 Tue, 19 Aug 2014 15:24:04 GMT Draghi cash offer seen losing luster as euro area risks increase http://hf-implode.com/viewnews/2014-08-19_Draghicashofferseenlosinglusteraseuroarearisksincrease.html Economists in the Bloomberg Monthly Survey cut their estimate of the take-up of funds under a program designed to boost bank lending. The reduction signals concern that the outlook for the currency bloc may be too weak to drive demand for loans, undermining a policy the European Central Bank president says is key to restoring the region's health.

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Draghi said in July that the maximum size of the program could be about 1 trillion euros. On Aug. 7, he said market estimates and indications by individual banks point to a take-up of between 450 billion euros and 850 billion euros... Economists in the Bloomberg survey see appetite waning for the later operations. They forecast banks will take 293 billion euros, down from 350 billion euros predicted last month.

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iehi-feed-54740 Tue, 19 Aug 2014 15:05:55 GMT "Construction Boom?" Housing Starts, Permits Soar in July http://hf-implode.com/viewnews/2014-08-19_ConstructionBoomHousingStartsPermitsSoarinJuly.html iehi-feed-54738 Mon, 18 Aug 2014 23:49:10 GMT How The Fed Turned A Flood Of Treasury Debt Into A Scarcity Of Repo Collateral | David Stockman http://hf-implode.com/viewnews/2014-08-18_HowTheFedTurnedAFloodOfTreasuryDebtIntoAScarcityOfRepoCollateral.html iehi-feed-54734 Mon, 18 Aug 2014 19:49:45 GMT Accounting firm PWC nailed for whitewashing banking client's sanctions violations; Fined $25M http://hf-implode.com/viewnews/2014-08-18_AccountingfirmPWCnailedforwhitewashingbankingclientssanctionsvio.html iehi-feed-54733 Mon, 18 Aug 2014 01:58:40 GMT Europe Is Tanking, QE Is Coming http://hf-implode.com/viewnews/2014-08-17_EuropeIsTankingQEIsComing.html Now that the peripheral eurozone countries can't borrow to buy BMWs and pharmaceuticals, Germany's export-driven growth is slowing down... this is all leading to a completely predictable conclusion, which is that Mario Draghi will soon have to put his printing press where his mouth is. "Whatever it takes" will turn out to mean a eurozone quantitative easing program that resembles those of the Fed and BoJ, though on an even bigger scale. The implicit (maybe explicit) goal will be to crater the euro.

...This will go on until, as Jim Rickards puts it, the world's governments figure out that competitive devaluation is a zero sum game and that the one thing they can all devalue against is gold. A "monetary reset" will result, with the major currencies once again becoming simply names for given amounts of gold -- at $10,000 an ounce.

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iehi-feed-54732 Sun, 17 Aug 2014 15:09:20 GMT Why The Fed Can't, And Won't, Let The Stock Market Crash http://hf-implode.com/viewnews/2014-08-17_WhyTheFedCantAndWontLetTheStockMarketCrash.html iehi-feed-54718 Sat, 16 Aug 2014 12:47:37 GMT "Soros Put" Rises To Record; Betting On Market Crash? http://hf-implode.com/viewnews/2014-08-16_SorosPutRisesToRecordBettingOnMarketCrash.html iehi-feed-54716 Fri, 15 Aug 2014 16:09:23 GMT Fed's Kocherlakota Says Long Way from Inflation Target (2018 Expected), Boosting ZIRP http://hf-implode.com/viewnews/2014-08-15_FedsKocherlakotaSaysLongWayfromInflationTarget2018ExpectedBoosti.html iehi-feed-54714 Fri, 15 Aug 2014 13:18:01 GMT McEwen on CNBC: Gold going to $5,000 per ounce http://hf-implode.com/viewnews/2014-08-15_McEwenonCNBCGoldgoingto5000perounce.html iehi-feed-54709 Fri, 15 Aug 2014 00:59:51 GMT Will subprime auto loans ignite another credit crisis? http://hf-implode.com/viewnews/2014-08-14_Willsubprimeautoloansigniteanothercreditcrisis.html iehi-feed-54707 Thu, 14 Aug 2014 14:28:31 GMT New Book: Madoff Fraud Go at JPMorgan Went To The Top http://hf-implode.com/viewnews/2014-08-14_NewBookMadoffFraudGoatJPMorganWentToTheTop.html iehi-feed-54706 Thu, 14 Aug 2014 14:24:05 GMT Saved By The Miss: No early ZIRP Exit as wages forecast slashed (UK) http://hf-implode.com/viewnews/2014-08-14_SavedByTheMissNoearlyZIRPExitaswagesforecastslashedUK.html iehi-feed-54705 Thu, 14 Aug 2014 14:21:48 GMT Rickards: Fed Lent Out Germany's Gold; China Would "Crash The Dollar" If It Admitted How Much Gold It Has (Video) http://hf-implode.com/viewnews/2014-08-14_RickardsFedLentOutGermanysGoldChinaWouldCrashTheDollarIfItAdmitt.html iehi-feed-54702 Thu, 14 Aug 2014 14:10:51 GMT London gold fix lawsuits to be consolidated in New York http://hf-implode.com/viewnews/2014-08-14_LondongoldfixlawsuitstobeconsolidatedinNewYork.html iehi-feed-54701 Thu, 14 Aug 2014 14:09:15 GMT Gold Manipulation Talk Hits CNBC Asia http://hf-implode.com/viewnews/2014-08-14_GoldManipulationTalkHitsCNBCAsia.html iehi-feed-54694 Wed, 13 Aug 2014 18:56:56 GMT Shanghai Silver In Backwardation http://hf-implode.com/viewnews/2014-08-13_ShanghaiSilverInBackwardation.html iehi-feed-54693 Wed, 13 Aug 2014 16:22:12 GMT The New London Silver Fix -- Confused?? http://hf-implode.com/viewnews/2014-08-13_TheNewLondonSilverFixConfused.html iehi-feed-54689 Wed, 13 Aug 2014 16:09:39 GMT Traders brace for research crackdown as easy money dries up http://hf-implode.com/viewnews/2014-08-13_Tradersbraceforresearchcrackdownaseasymoneydriesup.html iehi-feed-54686 Wed, 13 Aug 2014 14:57:37 GMT JPMorgan Joins Goldman in Designing Derivatives for a New Generation http://hf-implode.com/viewnews/2014-08-13_JPMorganJoinsGoldmaninDesigningDerivativesforaNewGeneration.html ``JPMorgan Chase & Co. is offering a swap contract tied to a speculative-grade loan index that makes it easier for investors to wager on the debt. Goldman Sachs Group Inc. is planning as much as 10 billion euros ($13.4 billion) of structured investments that bundle debt into top-rated securities, while ProShares last week started offering exchange-traded funds backed by credit-default swaps on company debt.

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"The true sign of a top is when you have these new structures piling up," said Lawrence McDonald, a chief strategist at Newedge USA LLC, and author of the book "A Colossal Failure of Common Sense" about the 2008 demise of Lehman Brothers Holdings Inc. "At the top of the market in 2007, there were these types of innovation and many investors didn't realize about it at that time. These products are a clear risk indicator."

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