Jobless Claims in U.S. Rose Last Week More Than Forecast BL
Deflation - The Trouble With Falling Prices BL
15 Surprises to Watch Out for in 2015 -- and What to Do About Them Kass
My Stock Predictions for 2015 and Beyond Ackerman
Greenspan Throws a Wet Blanket on Hopes for Growth Breakout BL
Run, dont walk, away from this years top performer Hulbert
Nearly everyone says these stocks are doomed CNBC BeSpoke
Keynesians and the Volcker Disinflation Krugman
Tis the day before New Years Cashin
Should I Buy a House in 2015? Smith

Golds Year-End Rally Surprises Funds Lowering Bets BL
Opening the Door to More Oil Exports by the U.S. May Foil OPEC's Strategy BL
Fed Survey Sheds Light on Hedge-Fund Activity During Oct. 15 Volatility WSJ
Curbs on banks' yuan trading to be relaxed China Daily
China Needs Its Lehman Moment Pesek
Venezuela economy falls into recession Reuters
ECB set to unveil heavy artillery to fight deflation AFP
Russia: Ukraine's import of US nuclear fuel risky AP
Ghost town: As Lithuania joins euro, concern over emigration AP
UKs leading fund manager picks his stocks for 2015 Guardian

Home Prices in U.S. Rise at Slower Pace in Year to October BL
Eight Cities Where U.S. Home Prices Are Setting New Records WSJ
"Adam Smith or Jerry Goodman" Saut
U.S. assets enter 2015 strong; volatility may ensue Saft
Ditching US dollar: China, Russia launch financial tools in local currencies RT
Rickards on Russia and the most important stories of 2014 RT Video Grant
2015 should see the return of fast markets Hutchinson
What is Paul Krugman afraid of? VOX
Economic and Strategy Viewpoint Schroders
Nasdaq may finally recover from tech bubble burst CNBC
Gold Held In NY Fed Vault Drops To Lowest In 21st Century ZH
After Biggest Monthly Withdrawal Since 2001
Bretton Woods After 70 Years Triple Crisis
Samuelson Thinks That Because He Is Confused About the Economy, Everyone Else Is Also Baker

Brent hits 5-1/2-year low near $57, supply glut weighs Reuters
Bargain-Hunting Investors See Oil-Stock Opportunities BL
Treasury rolls out a new savings plan without a Congressional vote WSJ
Euro loses more ground in Asia on Greece turmoil AFP
Greece plunged into crisis as failure to elect president sets up snap election Guardian
Greece comes back to haunt eurozone as anti-Troika rebels scent power Telegraph
A Greek Crisis, but not a Euro Crisis Brookings
Why Greece could cause a shiver, not a chill CNBC
Petrobras bondholders to push for default Reuters
Petrobras says probe may implicate pension fund; cuts off contractors Reuters
Bet on rising renminbi still a safe one FT
BRICs Bust-Up: Divergence Spurs Record Stock-Market Rift BL
Vancouver home price surge worries businesses as they seek to hire, retain staff Reuters
Japan's stock market peaked 25 years ago today CNN
Chinas Censors Take Final Step in Blocking Gmail   WSJ
U.S. suspects North Korea had help attacking Sony Pictures: source Reuters

The Line Between Rational Speculation and Market Collapse Hussman
Why 'life will go on' thesis might not pass muster in 2015 Eliott
U.S. Bond Sentiment Worst Since Disastrous 09 as Fed Shifts BL
Why history warns markets may be weaker in 2015 MW
Repairing the middle class in 2015 Samuelson
Buying Monetary Insurance - Before The Flood! G. Long

Algeria calls for OPEC to cut production AP

US, China spar over tariffs, rattle solar sector CNBC
Central bank changes rules for calculating deposits China Daily
...which will increase the base of fund available for lending at commercial banks


The Global Week Ahead Scotia
Thank You Noland
Implications for the Stock Market and Gold with a Yen Rally Puplava
Big questions for markets for 2015 Reuters
2014: The year that nothing worked Fortune

Break Up Citigroup Johnson
Japan's Abe unleashes stimulus plan to spur growth AP
Putin orders vodka price cap amid economic crisis Reuters
Russia forecasts economic slump as bailed-out bank gets more funds Reuters
Russian Power in Cuba Turned to Nostalgia. Now Even That's Fading BL
China's November industrial profits suffer sharpest fall in 27 months Reuters

Japan 2-year JGBs sold at negative yield for first time Reuters
Small-Caps Break Record, Nasdaq Hits 14-Year High BL
Dow 18,000: Have Stocks Come Too Far Too Fast? Fiscal Times
Will 2015 see a currency war? Arrends
When to follow the investment herd FT
Pettis on Strains in China's Banking System; Avoiding the Fall Mish
S&P nears settlement over real-estate bonds MW
5 business calamities that delivered world-class entertainment Fortune
Brent holds above $60, but heads for fifth weekly drop Reuters
Why speculators are stashing vast quantities of crude oil on tanker ships VOX
Gold ETF's Assets See Big One-Day Drawdown Barrons
Ruble Set for Best Week in 16 Years as Russia Turns to Exporters BL
Russia's Defense of the Ruble Cuts Reserves by $15.7 Billion in Week BL
Japan Struggles to Escape Recession as Production Drops BL
Japan no longer nation of savers, for first time ever MW
BOJs Kuroda Cites Darwins Theory of Evolution to Spur Higher Wages WSJ
Japanese bond yields hit historic low MW
China Stocks Rebound as Banks Join Rally in Construction Shares BL
Bulls Return to Russia ETF as Rubles Decline Halted BL
China Gold Miners Drop Shovels as Slump Bites BL
US, allies agree trilateral accord on North Korea intelligence AFP

The Fed Sets Another Trap Roach
The 2014 Festivus Airing of Grievances Kasriel
Kaboom? NYSun
The Booming Economy vs. The Struggling Middle Class Brookings
The best stats of 2014 Samuelson

Meredith Whitneys Fund Sued by Billionaire Platts BlueCrest BL
Exclusive: U.S. minimum wage hikes to impact 1,400-plus Walmart stores Reuters
Coke to cut up to 2,000 jobs in coming weeks: WSJ Reuters

UBS Raises Flag on Chinas $1 Trillion Overseas Debt Pile BL
Growth Headwinds Continue to Blow Through Asia in 2015 PIMCO
Could Russia back its currency with gold? CNBC
Informal capital controls arrest Russian ruble's slide Reuters

Dow industrials mark their fifth fastest 1,000-point rise in history MW
Dow strikes 18000 for first time as traders cheer GDP data Reuters
US consumer sentiment highest since 2007 Reuters
U.S. economy accelerates sharply in third quarter Reuters
Durable Goods Orders in U.S. Unexpectedly Fell 0.7% in November BL
The US Dollar and the Cone of Uncertainty Mauldin
"The Bulb Lights Up!" Saut
Looking Backward to See the Future Duy
Janet Yellen's Christmas Gift to Wall Street Paul
Fed Crisis Program Becomes Chinas $500 Billion Influence Tool BL
10 gray swans that could upend the market in 2015 MW
The stock markets very merry 200-year history MW
And 2014's Worst Currency Was...Bitcoin BL
Can Canadian Oil Sands Survive Falling Prices? BW
Madoff Victims' Payout Nears $7.2 Billion, Trustee Says HP
The Next Phase of the Koch Brothers War on Unions Daily Beast
China quietly joins Asia's currency wars to avert deflation Pritchard
Ruble Swap Shows China Challenging IMF as Emergency Lender BL
Moscow orders state-owned exporters to sell foreign currency FT
Ex-minister Kudrin warns of "full-fledged crisis" in Russia Reuters
Bank of Russia Pledges to Rescue Trust as Ruble Crisis Hits BL
Russias financial crisis just claimed its first victim: A bank with Bruce Willis ads WP
IMF raises fears of global crisis as Russian bank forced into bailout Guardian
China's shadow banking adapts and grows as rules tighten Reuters
QE addiction has made us too complacent Telegraph
North Korea Now Has Its Internet Back Up -- and a Global Reputation for How Easy It Is to Take Down BL

Russia to bail out Trust Bank with up to $530 million Reuters
Sales of U.S. Existing Homes Fell More Than Forecast in November BL
Iceberg at the Starboard Bow Hussman
Ready for $20 Oil? Shilling
A Bubbles Artist Explains Economic Bubbles MW
The IMF's Perestroika Moment Triple Crisis
If innovation dies, it was killed by regulation Hutchinson
The Two Percent Inflation Trap Baker

Saudi Arabia says won't cut oil output Reuters
U.S. gas prices fall to lowest since May 2009: Lundberg survey Reuters
Oil Shakes Venezuelan Debt to Its Foundations WSJ
Why the price of olive oil is surging FT
Anatomy of a hoax: how a 17-year-old built a crazy rumour that swept financial media Guardian
China foreign minister says willing to help Russia Reuters
Why Russias financial crises keep on coming Guardian
Ruble Crisis Ripples Through Wheat as Bulls Advance BW
China further opens access for foreign banks China Daily
Draghi Starts Squaring QE Circle in Month of Persuasion for ECB BL
Euro debt deals hit sweet spot Finance Asia
Xi Jinping Is the Worlds Most Popular Leader, Says Survey BW
They're alive! Cuba's Frankenstein classic cars CNBC


The Global Week Ahead Scotia
Bo, Bo Noland
What Are Technical Indicators Saying About the Market? Harding
Think You're Smart? Markets Are Laughing Ritholtz
Global Views Scotia Global Equity BMO
Weekly Focus: Oil prices to bottom in Q1 15 Danske
5 Big Surprises from 2014; 5 Big Trends for 2015 BMO
Surprises of 2014 NTrust
Buffett and Munger on How to be a Hack A Wealth of Common Sense
Fresh Doubt Over the Bailout of A.I.G. Morgenson
Technology firms - Frothy.com Economist
JP Morgan Chase, Bernie Madoff's $64.8 Billion Ponzi Scheme and Crime on Wall Street HP
Meredith Whitneys Hedge Fund Said to Be in Turmoil BL
Bill Ackman's Two-Year Herbalife Bet: By The Numbers WSJ
Oil Crash Exposes Shale Drillers in Risky Three-Way Bets BL
The reason oil could drop as low as $20 per barrel Kaletsky
Santa's Face Used to Be on American Money BL
Putin Made 'Bad Calculation' About Oil Price: O'Neill BL
FACT CHECK: Putin on the ruble collapse, Ukraine AP
Russia and the rouble - As ye sow, so shall ye reap Economist
Russia Expanded Gold Reserves for 8th Month Amid Ruble Rout BL
Russia Not Selling Gold, It's Buying; Reflections on Extremely Sloppy Reporting Mish
Russian crisis kills big German gas deal
Russia To Unleash Ultimate Black Swan Against The West Paul Craig Roberts
Belarus slaps 30 percent fee at currency exchanges AP
Ukraines Rating Cut by S&P as IMF Delay Raises Default Risk BL
Chinas stock market goes boom Fortune
China Money Rate Jumps Most Since 2013 Cash Crunch on New Shares BL
China's wealth finds home in Washington state AP
ECB's Coene supports government bond purchases: newspaper   Reuters
Japan, South Korea condemn Sony hack; Chinese paper says movie is senseless Reuters
U.S. Will Respond to North Korea in a 'Time and Manner That We Choose,' Obama Vows BL

Bullish Sentiment Declines BeSpoke
The Calm Before the Storm   Taleb and Treverton
Why Volatility Signals Stability, and Vice Versa
Memories of Asian crisis resonate today Rosenberg
The Burning Questions For 2015 Outside The Box
This Is How A Bear Market Starts Seeking Alpha
Notes on Russian Debt Krugman
There's a Blacklist in the $800 Billion U.S. Loan Market and It's Not Illegal BL
Unlike any other market in the U.S., the blacklist rules in leveraged  loans. No regulator polices trading in the $800 billion market.
What I'm shorting: Jim Chanos CNBC
Bankers See $1 Trillion of Zombie Investments Stranded in the Oil Fields BL
Icahn offers $20 million to keep Atlantic City Trump casino open Reuters
There will be some blood': Will Canadas oilpatch be able to withstand the price onslaught? FP
Scotiabank - Commodity Price Index Scotia
Year-End Review and Outlook for 2015
Shale Drillers Find Their Hedges Don't Cover the Sharp Drop in Oil Prices BL
Tin Enters Bear Market on Demand Concern as Supplies Sufficient BL
Amazon Not as Unstoppable as It Might Appear NYT
Judge May Toss 4 Guilty Pleas In Insider-Trade Case HP
Whiz Kid and the $72 Million Question Ritholtz
China Revises Its GDP by $308B, the Equivalent of Malaysia's Whole Economy BL
Russian ruble weakens as traders see no major measures in Putin speech Reuters
Russia's richest lose $10b China Dailt
IMF holds back Cyprus bailout funds Guardian
$2 Lost for Every $1 Gained Triple Crisis
The Single Fact That Shows How the Global Financial System Fails Developing Countries

Leading Indicators in U.S. Rose in November for Third Month BL
US Manufacturing PMI Plunges To 11 Month Lows, Misses By Most On Record ZH
Jobless Claims Better Than Expected BeSpoke
Signing Off Things That Make You Go Hmmm...
Fed calls time on $5.7 trillion of emerging market dollar debt Pritchard
Fed playing patience as inflation lags Saft
Fed's Most Interesting Man Exits BL
New Oil Report EW
The First Casualty of a Bear Market RB
The Coin of the Realm: How Inside Traders Are Rigging America Reich
Dodd-Frank Budget Fight Proves Democrats Are a Bunch of Stuffed Suits Taibbi
Putin Paints a Besieged Russia, Says U.S. Wants to 'Rip Out Its Teeth...' B
Russian ruble weakens as traders see no major measures in Putin speech R
China FX regulator says closely monitoring Russian rouble slide Reuters
GM suspends delivery of cars to Russian dealers Reuters
Will Russia Wreck U.S. Banks? Barrons
Putins Secret Gamble on Reserves Backfires Into Currency Crisis BL
Crisis in Ruble Could Thin Russias Emergency Resources Dealbook
How Russian crisis could be like 1998 - but worse CNBC
Shopping in Russia Just Got Really Weird BW
Poll: 80 percent back Putin even as ruble falls AP
Investors walking, not running out of Russia funds CNBC
Top 20 Global Bond Funds Sold in Japan Fall on Russia Crisis BL
Google is now bigger than the entire Russian market MW
China is Planning to Purge Foreign Technology and Replace With Homegrown Suppliers BL
Asia Isn't Ready for a China Crash Pesek
China's rising interest rates defy easing expectations FT
China's Banks Torture, Distrust Borrowers Asia Sentinel
ADB cuts Chinas 2014 and 2015 growth forecasts Shanghai Daily
China home prices continue to cool in November SD
Japans Export Volume Falls Despite Weak Yen DJ
Greek Markets Suggest Government May Fall Gilbert
Swiss National Bank Starts Negative Interest Rate of 0.25% to Stave Off Inflows BL
Dark Pools in Spotlight as EU Moves to Bolster Markets BL
Cubas Half Century of Isolation to End BL
U.S. blames North Korea for Sony hack CNN

Fed Gets Rare Hat Trick of Dissent WSJ
Federal Reserve issues FOMC statement FED
it likely will be appropriate to maintain the 0 to 1/4 percent target range for the federal funds rate for a considerable time...

The surprising calm emerging from Russia's rouble crisis BBC
Russians Sell Ruble as State Media Says Crisis Under Control BL
Ruble Slide Resumes as Government Purchases Fail to Stem Decline BL
Rouble volatile as Russia begins selling currency reserves Guardian
Russian Crisis Hits Pimco Fund: Options Wiped Out as Ruble Sinks BL
Russia: Seems Like Old Times Econbrowser  Echoes of the Late 90s
Russias Economic Pain Is Just Beginning, Bank Group Warns WSJ
The central bank has hours or days probably to get this under control because if the population runs to the banks to get their deposits, then its game over
Russians vent frustration over rouble crisis: the west is trying to hurt us Guardian
Russia turmoil sparks flight to safety Reuters
Food Prices in Russia Soar as Ruble Tumbles Further Moscow Times
Russians move into bitcoin as ruble tanks CNBC
Why Russia Is Wrecking The Ruble Forbes
Traders Betting Russias Next Move Will Be to Sell Gold BL
Russia says arms for Kiev won't help solve Ukraine crisis: RIA Reuters
EU to Tightens Sanctions on Russia Over Crimea This Week, Officials Say Moscow Times
Sense of panic hits Russia's economic elite: Pro CNBC
Apple Stops Online Sales in Russia Over Ruble Fluctuation BL
Rosneft Denies Role in Rubles Rout as Pressure on Sechin Mounts BL
FT: Evoking parallels with its 1998 crash via Google
Russia Looks a Little Like 1998 BL Video U.S. could catch Russias cold: Shilling
This Is What Gold Does In a Currency Crisis Rubino

U.S. consumer inflation posts largest decline in six years Reuters
Memories of 1998 May Persuade Yellen's Fed to Keep Rates Low BW
Fed's Forward Guidance Amounts to a "Considerable (Waste of) Time" Baum
Oil, Employment, and Growth Mauldin
Turmoil to Test Post-Crisis Financial System NYT
Investors, after months of piling into risky markets in search of returns, are now stampeding out.
Banks loosen lending standards to levels seen before financial crisis BL
In a sign that weak underwriting is returning to levels seen before the 2008 financial crisis
--
Survey of Credit Underwriting Practices OCC
We hate you guys but there is nothing much we can do Price
The Limits of Purely Monetary Policies Krugman
Lessons from WWI about markets ability to see the future Fabius Maximus
Lessons Learned from the Suisse Gold Referendum with Egon von Greyerz G.Long
Even with Stock Market's Rise, Many Pensions Haven't Recovered from Recession Governing
Oil Trades Near 5-Year Low as Russia Echoes OPEC Output Policy BL
How Low Can Oil Go? Surowiecki
Why oil is crashing and the black swan event of 2014 MyBudget
India to weigh gold policy impact after 38 pct spurt in Nov imports Reuters
It cost 1.7 cents to make a penny this year, and 8 cents to make a nickel WP
To save itself, Greece must exit the euro Warner
As Chinas Economy Slows, So Too Does Growth in Workers Wages WSJ
China not manipulating yuan CD
China voices "grave concerns" about US anti-dumping judgement CD
Research: Lost decade in Finnish economy Danske


Russia to take more measures after hike: Official Reuters
Russian ruble suffers steepest drop in 16 years Reuters
Russia has just lost the economic war with the west Elliott
Ruble Fails to Sustain Gains After Surprise Russia Rate Increase BL
I thought 17 percent would give them at least a month of breathing  space. We next have to look at the experience in 1998-1999. We are also one big step closer to capital controls.
This Hedge Fund Manager Who Remembers 98 Says Prepare for Pain B
Is Russia Ripe for Capital Controls? BL
CNBC:  It's a pretty bad situation, the only place worse off is Venezuela
Vladislav Korochkin: The economy cant exist with such interest rates
Tim Ash: The CBR cannot allow this move to fail, they will now have to come back with a big, big FX intervention, or yet more rate hikes

Fed's Big Decision: World Markets Hang on These Two Words BL
Only 23 percent said the committee will keep considerable time, and a majority expect rates wont rise at every meeting after liftoff in mid-2015
Chinas Treasury Holdings Fall to Lowest Since February 2013 BL
Why 1998 Was Different, and Same, to Emerging-Market Crisis Now BL
Why Paul Krugman is wrong Pritchard
Please make it stop!" Saut
Bright current economic signals are spurious Hutchinson
Peter Boockvar: Dear Federal Reserve... via RB
Pigmen Win Again JimQ
Reprise: The Quiet Coup d'Etat in the Anglo-American Financial System Jesse
On the Brink of War and Economic Collapse Paul Craig Roberts
Gross: US structural growth rate to be 2% or less CNBC
Bill Grosss New Fund Is Trailing Pimco Total Return WSJ
Teen admits $72 million stock gains all fake: report MW
Brent Seen Falling to $50 in 2015 as OPEC Fails to Act BL
Crashing Crude's First Casualty: One-Time Commodities Giant Phibro Liquidating ZH
Signs of Optimism in Gold Barrons
China's vast factory sector contracts for first time in 7 months Reuters
China's real-estate tycoons gloomy about property market MW
After election, Abenomics to fail fair test Saft
Ruble jumps on Russia rate hike, oil pressured Reuters
Russia Increases Key Rate Most Since 1998 to Stem Ruble Rout BL
The big risk of the Russian central banks drastic interest rate rise Guardian

Wildest Day in 2 Months for S&P 500 as Stock Swings Echo October BL
A Sensible Proposal and a New Adjective Hussman
New mortgage incentives 'a little risky': Shiller CNBC
Home Buyers Are Optimistic but Not Wild-Eyed Shiller
Krugman Fighting Consensus Says Fed Rate Unlikely to Rise in 2015 BL
Americans are 40% poorer than before the recession MW

OPEC Stresses No Production Cut, What If Oil Prices Don't Recover? Barrons
How Cheap Oil Complicates Investing Zuckerman
Oil Slump Blindsides Bulls That Wagered on Rout Ending BL
Crashing oil may blow $1.6 trillion global hole MW
New York lawyer accused of $5M Ponzi scheme MW
High school kid makes $72 million playing stocks MW
The eurozone crisis - history is repeating itself  - again Elliott
Warning over horrible end to Japan's QE blitz Pritchard
Japans Manufacturers Sentiment Sags in Challenge for Abe BL
Time to Take Away the Punchbowl in Japan Pesek
Japan's towering debt still a fearsome prospect Nikkei
China likely to miss 2014 GDP growth target China Daily
Three pilot trade zones proposed CD
Australias Budget deficit to be nearly $11bn higher than expected Guardian
Forget Dollars, Start Buying Rubles Moscow Times
Russia is buying weapons - a lot of them CNN

Senate passes short-term spending bill CNN
The Global Week Ahead Scotia
The Collapsing Periphery Noland
Why Americas middle class is lost WP
SPX Topping Valuations 4 ZEAL
Oil Rot Spreading in Credit BL
Even though the global speculative-grade default rate is less than half  its historical average at 2.2 percent, investors are getting ready for sentiment to turn.
Gross Says Fed May Become Dovish as Oil Prices Plunge BL
If Krugman Gets The Higher Inflation He Wants, The U.S. Will Return To Recession Forbes
The Fed prepares to take a considerable step NTrust
Global Views Scotia Global Equity BMO
Weekly Focus: Proactive rate cut from Norges Bank Danske
Outlook 2015 BMO
Glancing Back but Focusing Forward Schwab
At Big Banks, a Lesson Not Learned Morgenson
Wall Streets New Risky Business Barrons
Oil Rot Spreading in Credit BL
Oil plunges 3% to new 5-year lows after bearish IEA outlookReaches recession-level depths
Research Global: The oil price plunge in perspective - deja vu No. 1 Danske
'It's Starting' -- U.S. Drillers Idle Most Rigs in Years BL
Austria Considers Repatriating Its Gold ZH
Warren Spars With Graham Over Banking Provision BL
Ruble Sinks Despite Intervention WSJ
The central bank already indicated that they dont like the ruble level here, but they cannot stand in front of a train
Putting Deflation First Eichengreen
China 'deeply disappointed' over US snub of IMF reform AFP

U.S. Stocks Just Had Their Worst Week Since 2011 BL
This Week Was A Stark Reminder Of How Fast Good Stock Markets Can Turn Bad Blodget
Consumer Sentiment: Confidence Surges to New Postrecession High WSJ

U.S. producer prices fall, signal weak inflation pressures Reuters
Misreading the Lessons From Financial Crises Norris
2015 Economic Outlook - A Whole New Ball Game Wells Fargo
The stock market is not even close to topping out Hulbert
Bullish Sentiment Rises as Market Declines BeSpoke
House Passes Government Spending Bill After Day of Discord BL
What If Spain Devalued? Forbes
Grand Central: How to Size-Up a Mixed U.S. Record on Deleveraging WSJ
Central-bank credibility, reputation and inflation targeting in historical perspective VOX
Lessons Learned in 2014 ABerstein

What's Next for Insider Trading Law? BL
Oil Extends Drop Below $60 as Producers Tussle for Market Share BL
The Relentless Production of Shale Oil Is Breaking OPECs Neck BW
IEA Cuts Global Oil Demand Forecast for 4th Time in Five Months BL
Mario Gabelli Explains How to Play the Decline in Oil BL Video
The Financialized-Oil Dominoes Are Toppling Smith
China's factory and investment growth flagging, more stimulus seen Reuters
China Pumps $65 Billion Into Banking System WSJ
Grexit threat could complicate ECB quantitative easing Saft
Draghi to urge European leaders to reform to back ECB stimulus Reuters
Russias Rate Increase Fails to Halt Rubles Slide to Record BL
Todays move is a spineless decision...If the central banks goal was to defend the ruble, it wouldve raised rates by 2-3 percentage points
Russia's economic crisis is getting worse CNN
As IMFs No.2 Heads to Ukraine, Creditors Seek Commitment from Kiev WSJ
Thai Billionaires Debt Spree Evokes Asian Crisis Memory BL
10 Shanghai-listed firms warn of delisting risk SD
Japan Investors Show No Confidence in Moodys as Yields Decline BL
China to propel global plane market China Daily


Central Banks and the Wrinkle With Falling Oil Prices Wessel
Oil is not whats greasing the stock markets skid Crudele
Financial Repression Authority G. Long
Roubini: Geopolitical problems top economic risk for 2015 Yahoo Finance
Rise of the Machines: Downfall of the Economy? Roubini
Fed Bubble Bursts in $550 Billion of Energy Debt: Credit Markets BL
Fed Tightening Cycles and Yield Spreads - Flatter WellsFargo
FX Forecast Update - AUD/USD Forecast Update Danske
Financial Collapse: The Sequel? HP
Detroit To Officially Exit Historic Bankruptcy Reuters
One Inspiring Story Of How Capitalism Is The Ultimate Livesaver Forbes
Regulator probing banks' FX algorithm: Source Reuters
HSBC fires London head of forex Dow Jones
How Wal-Mart Made Its Crumbling China Business Look So Good for So Long BL
The business was continually getting worse despite their pronouncements to the contrary
Oil Resumes Drop as Iran Sees $40 If Theres OPEC Discord BL
U.S. Getting Rid of Oil Addiction as Price Plummets in Glut BL
Oil decline is the 'black swan' event! - Birinyi CNBC
Nothing Going Right For Crude Oil BeSpoke
Ferrari looks to burnish brand value ahead of IPO AP
China's Central Bank Balancing Act BL View
Mobius Says Chinas Bull Market is Just Getting Started BL
Experts predict lower GDP growth target next year China Daily
Yen plunge hurting, but more still to come AFP
Japan: An Economy in Need of a Crisis? Wharton  Japan Scotia
Bank of Canada warns overvalued housing market could lead to debt G&M
The Hong Kong Occupy Saga Continues Asia Sentinel
Reforming France:Emmanuel Macron's Impossible Mission Spiegel


Bank of America sees $50 oil as Opec dies Pritchard
We seem to have miscalculated Price
Siegel: Expect a stock market correction in 2015 CNBC
Back to the Future Kass
The Myth of QE: Why Rates Are Headed Higher First Trust
Like The Housing Bubble, The Fed Is Ignoring The Shale Bubble In Plain Sight Stockman
Central Banks Create Deflation, Not Inflation Smith
One-fifth of Americans don't plan to pay off their debt CNBC

BOC to buy $600m building in NYC China Daily
Goldman Sachs and the mystery of revolving door bonuses Fortune
Ex-Madoff manager, computer programmer get prison terms Reuters
Mark Cuban: 'Burn' SEC down CNBC
Oil up after 5-year low in Brent; traders wary of more downside Reuters
Investors tapped to fund gold fraud film FT
China consumer prices rise 1.4% in Nov, slowest in 5 years SD
Economists React: China Inflation Hits Five-Year Low WSJ
Russia admits action to buoy rouble BBC
It has spent more than $70bn supporting the rouble since the start of the year
Mexico vows to sell dollars to halt peso's slide AP
RMB drops to 4-month low China Daily
China to promote development of interbank forex market CD
Fitch Puts Japan Credit Rating under Negative Watch Jiji
The ECB Boiler Room, Part 2 Alhambra
Tesco boss pledges to stop 'artificially' boosting profits Telegraph

Guardian: The Athens stock market plunged nearly 13% on Tuesday, its biggest one-day fall since December 1987, after the Greek prime ministers shock decision to call early presidential elections.

Small Business Confidence Hits a 7.5 Year High BeSpoke
Chinese stocks slide on new rules for loans MW
Greece Lurches Back Into Crisis BL Why the Greek Stock Market Is Crashing Again
How the Rising Dollar Could Trigger the Next Global Financial Crisis Wessel
Rising Dollar: Good News, Bad News Alhambra
How Stocks Really Act When the Fed Ups Rates Barrons
The Economic Crash that Cured Itself: A Conversation with James Grant Grant
"Quote of the Week" Saut
A Year of Divergence El-Erian
The Long-Run Outlook for the Federal Budget: Do We Know Enough to Worry? Brookings
IMM positioning: Bearish GBP builds losing momentum Danske
Mainstream Propaganda & What Will Send Gold Soaring Embry
Paulson Comeback Reverses as Event Fund Drops 27% in Year BL

Oil Drops as Deeper OPEC Discounts Signal Fight for Market Share BL
Will Nigeria be the next oil domino? CNBC
Oil isnt the only commodity enduring a significant correction NTrust
3% down payment mortgages are back CNN
China's stock mania decouples from economic reality Pritchard
The Shanghai Composite Index has risen 32pc in the past six weeks...
Why Beijings Troubles Could Get a Lot Worse Barrons
It's Time to Start Paying Attention to Greece Again BW
Welcome to an 87 Canadian dollar (Wait long enough, itll be 81)
Russia Economic Pain Spreads as UBS Cuts Seven Stocks BL



Longtime stock bull raises big red flag for 2015 CNBC
Peaking Process Hussman
Macroeconomics Finally Gets Interesting Mauldin
Not All Bonds Protect You From Volatility WSJ
One Hundred Years of Bond History Means Bears Fated to Lose BL
Rate rises spark 'massive volatility' warnings CNBC
Dollar surge endangers global debt edifice, warns BIS Pritchard
Keep an eye on the Fed's accelerating asset sales CNBC
The Next Big One Might Already Be Warming Up MindonMoney
The dog still isnt barking MoneyIllusion
Peak Krugman NYSun
Oil tumbles after Morgan Stanley cuts forecast CNBC
Why the bottom falling out of oil isnt all bad Rosenberg
Delia's files for Chapter 11 bankruptcy AP
Why the world is like a real-life game of global domination Guardian
Chess moves to transform world politics FT
China Trade Surplus Climbs to Record as Imports Drop on Oil BL
RMB gets ready to play a bigger role China Daily
The pace of internationalization of the yuan has picked considerably...
China's Now The World Number One Economy And It Doesn't Matter A Darn Forbes
ECB's loans offer clues in QE guessing game Reuters
Bank of England: half a million housebuyers face mortgage arrears Guardian
Japan recession worse than thought: data AFP
For Russia, a perfect storm of economic woe looms MW
Putin's Stash of Oil Money Is Shrinking BW
Iran's president criticizes widening corruption AP

The Global Week Ahead Scotia 5 Things to Watch
The Unavoidable Peril of Financial Sphere Bubbles Noland
It looks like a duck, quacks like a duck, but its a secular bear FT
The Running of the Bears: Surge in Hiring Sways Even the Pessimists BL
Are We In Another 1990s-Style Super Bull Market? Harding
Party like its 1929, S&P hits 49th closing high FT
Stock market gurus new forecast: S&P 500 at 2,300 in six months Hulbert
The Only Two Charts You Need to Understand the S&P 500 Smith
What's Next for the Dollar and Gold? Merk
Sudden swings expose fragility of financial markets: BIS Reuters
Quarterly Review, December 2014 BIS
Global Views Scotia Global Equity BMO
Weekly Focus: The ECB prepares for more easing in January 2015 Danske
The Great Escape PIMCO
So will the Fed achieve its great escape?
Wells Fargo Breaks Citigroups 2001 Record for Bank Value BL
Hedge Fund Kept U.S. Inquiry Quiet Morgenson
Five ex-Madoff aides face up to 20 years in prison Reuters
JPMorgan's Dimon says 'no evidence of cancer' Reuters
Gold Shorting Exhaustion ZEAL
Belgium Investigating To Repatriate All Gold Reserves BStar
Why OPEC Will Tolerate Cheap Oil Browne

Bank on 'Super Mario' to give Europe a monetary jolt Reuters
The real cost of government credit support: New estimates VOX
British workers suffer biggest real-wage fall of major G20 countries Guardian

Consumer Credit in U.S. Increased Less Than Forecast in October BL
Hold on: Jobs report wasn't so great after all CNBC
Hiring Surge Gives U.S. Expansion a Lift Into 2015 BL
A Brave New World Absolute Return Letter
How Could They? Gross
The debt currently being created is not promoting real growth and solving a debt crisis...
The Worlds Dumbest Idea Montier
The stock market is hideously expensive Montier (FUW)
Near-perfect sell signal says stocks should drop CNBC
Its official: America is now No. 2 MW Sorry, but America is still No. 1
Strategy: Three macro themes to shape markets in 2015 Danske
Wage growth stuck below pre-crisis levels: ILO CNBC
Roubini Sees "Mother of All Asset Bubbles", But Claims Bubble Will Not Burst Until 2016 Mish
Real-Estate Appraisals Are Bubbly Again BL
China Said to Consider Scaling Back Restrictions on Gold Imports BL
An Inside Look At The Shocking Role Of Gold In The "New Normal" ZH
Warren Buffett on track to win hedge-fund bet MW
ECB Preparing Broad Stimulus Plan, All Assets but Gold on the Table for Purchase BL
Draghi: We Have Nothing To Fear But Gold-Buying Itself ZH
ECB cuts eurozone growth forecasts and fails to deliver QE for Christmas Guardian
Germanys central bank cuts GDP growth view MW
German Factory Orders Beat Forecast in Sign Economy Recovering BL
Can Japan Reboot? Rogoff
Stagflation Possible for Japan, Morgan Stanley Says WSJ
China's stock markets daily turnover hits 1 trillion yuan SD
House prices in high-end London slashed after stamp duty shift Telegraph
Property investors in Islington who leave homes empty could face jail Guardian
Chinese 'House Uncle' accumulated 132 homes AFP
Putin Grasps at Straws as Economic Cures Fail to Impress BL

ADP Says Companies in U.S. Added 208,000 Workers in November BL
Fed yearns for higher inflation to disguise asset bubbles WT
Easy Come, Easy Go Washington Examiner
Hindenburg Omen cries bear market, again MW Correction imminent
Bond Charts Show a Rising Aversion to Risk Barrons
Roubini: Currency wars coming, but don't bet on gold Yahoo Finance
Collapse of oil prices leads world economy into trouble Guardian
Poor Black Friday Sales Arent Whats Holding Back the Economy Baum
Did Carl Icahn cause a new private equity bubble? CNBC
Sub-$50 Oil Surfaces in North Dakota Amid Regional Discounts BL
Sell TheStreet or Quit CNBC, Mad Investor Tells Cramer BL
China Stock Surge Stokes Fears of Risks WSJ
Trading volume in Chinas stock markets surged to a record high Wednesday, but the recent rally has also revived memories of the kind of frenzy seen before the market cratered in 2008.
Chinas Commitment to Freedoms in Hong Kong Questioned by U.S. BL
When Even $7 Trillion Isn't Enough Pesek
George Osborne has missed his chance to end the British disease Pritchard
Eurozone economy stumbles raising fears of new year recession Guardian
Saving Europe?: The Unpleasant Arithmetic of Fiscal Austerity in Integrated Economies FRBC
Russia Recession Signs Mount as Central Bank Stems Ruble Losses BL
Western sanctions, ruble crash hit Russians hard AP
Worlds wealthiest find safe haven in Singapore real estate SBR

Fall of the Bond King: How Gross Lost Empire as Pimco Cracked BL
Stock-market correction imminent MW
No inflation they say... MyBudget
Last chance to share the free report: The Gold Report -- 2015 EW
Make it a lump of gold for Christmas MW
The Gold Fairy Tale Fails Again Ritholtz
OPEC is wrong to think it can outlast U.S. on oil prices MW
America defiant in 'oil war' with OPEC CNN
Oil tumbles anew on Iraqi export deal, futures margin hike Reuters
RBI chief says govt will review gold import norms Reuters
Jailed New York Plaza Hotel Owner Seeks Debt to Help Pay Bail BL
Growth in China's services sector quickens in Nov but outlook still worrying Reuters
China Stock Boom Has Morgan Stanley Ready for 'Ultra-Bull' BL
Russia Faces First Recession Since 2009 With Banks in 'Panic' BL
Russia warns of recession next year AP
Oil, the Ruble and Putin Are All Headed for 63. A Russian Joke -- for the Moment BL
Its only a matter of time before Russia buoys ruble MW
Five reasons why markets are heading for a crash Warner
Hong Kong protest founders prepare to surrender AFP


How a new currency war would buttress U.S. dollar Roubini
Striking gold Price
When Does a Central Banks Balance Sheet Require Fiscal Support? FRBNY
This bearish indicator just neared its precrash high CNBC
We are measuring plenty of exuberance among investors...
Black Friday Hindenburg Omen Suggests Near-Term Caution Puplava
Dont You Worry bout a Thing: Tell That to Individual Investors! Sonders
Home equity is back and homeowners are loving it CNBC
The Big Picture: Synchronous global recovery in H1 15 Danske
We appear to be in for a negative Peace Dividend Hutchinson
Andrew Ross Sorkin on Wall Street Paying to Get Regulators Baker
The Oil-Drenched Black Swan, Part 2: The Financialization of Oil Smith
The investing problem of abundance Saft
The history of the political economy of public debt University of Athens
Hedge Funds Shut as Managers Struggle in Year of Two Percent Returns BL
Hoarder Nation: America's Self-Storage Industry Is Booming BW
Get Ready for Big Mortgage Rate Increases BW
FBI warns US businesses of 'destructive' malware CNBC
Central banks suppressing gold price to rig currencies CNBC
Why That Swiss Referendum On Gold Deserved To Fail Forbes
The American Oil Boom Won't Last Long at $65 Per Barrel BW
Oil Prices and Deflationary Bias Krugman
Time to Buy Oil Stocks Barrons
When an oil man sees $30 a barrel, its time to sound contrarian alarms MW
ISM Commodities Survey Turns Negative BeSpoke
Japan downgraded by Moody's amid rising fears over debt BBC
Japan has opportunity to end deflation: Abe Kyodo
Japanese Workers See Wages Drop for 16th Month on Inflation BL
S&P doubts Japan government will have detailed fiscal consolidation plan Reuters
S&P warns of inherent risks in local govt bonds China Daily
Half of China's local governments could warrant junk-level credit ratings...
Why China keeps throwing trillions in investments down the drain Fortune
Europe Debates Third Bailout Package for Athens Spiegel
Russia intervenes as crumbling ruble echoes 1998 debt crisis Guardian
Capital controls feared as Russian rouble collapses Pritchard
Ruble Rally Turns to Rout as Fortunes Tied to Sinking Oil BL
Venezuela's future: 'Barbarity and people looting' CNBC

Silver just had its largest intraday move in two years MW
Huge Commodity Reversals; Is the Bottom In? Mish
Fed Leak Handed Traders Profitable Tip, Prompted Secret Inquiry BL
Hard-Won Lessons and the Bird in the Hand Hussman
Is Bitcoin the Future? Mauldin
The concerning bond trend that could rule 2015 CNBC
The key to stronger economic recoveries? Samelson
Stock markets set to take off as Europe, Asia abandon austerity Kaletsky
Swiss voters reject gold, immigration proposals, salvaging EU ties Reuters
Gold tumbles after Swiss referendum, oil hits five-year low Reuters
Saudis risk playing with fire in shale-price showdown as crude crashes Pritchard
China Winning in OPEC Price War as Hoarding Accelerates BL
The dwindling number of investors still betting on a rebound in prices can at least count on Chinese demand.
Oil at $40 Possible as Market Transforms Caracas to Iran BL
Black Friday turns red as sales plunge: NRF CNBC
China Factory Gauge Drops as Shutdowns Add to Slowdown BL Case for more stimulus? R
QE or not QE? Spotlight on the ECB as inflation dips Reuters
Bank of Japan Risks Runaway Inflation, Says Ex-Board Member Suda BL
Japan's third-quarter recession seen milder than feared as capex grows Reuters
Absolutely crucial statement by Foreign Minister Lavrov VS

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