When elephant takes on a compact car, it is going to come out on top.With surprising quickness, the animal rushes the car and crushes its front before flipping it onto its roof. The bull started attacking the vehicle and flipped it over about 20 metres into thick bush.When the car lodged against a tree, the elephant continued attacking the vehicle for some time before walking away.The attack was so savage that eyewitnesses were convinced that the occupants had been killed.
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from Liberty Street Economics
-- this post authored by Tobias Adrian, Michael Fleming, Or Shachar, Daniel Stackman, Erik Vogt
Since the financial crisis, major U.S. banking institutions have increased their capital ratios in response to tighter capital requirements. Some market analysts have asserted that the higher capital and liquidity requirements are driving up the costs of market making and reducing market liquidity. If regulations were, in fact, increasing the cost of market making, one would expect to see a rise in the expected returns to that activity. In this post, we estimate market-making returns in equity and corporate bond markets to assess the impact of regulations.
Infographic Of The Day: The Internet - The Last 30 Years
The internet has come a long way in the last 30 years. We can now order pizza : ) directly from our computers and mobile devices.
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07Oct2015 Pre-Market Commentary: U.S. Futures Advances To Major Resistance Levels, Crude Trading At Major Resistance, Global Financial Worries Still Here
Peak Oil Ass-Backwards (part 3)
by Allan Stromfeldt Christensen, From Filmers to Farmers
So here we are on this precipice of sorts, staring upon the twilight of the industrial economy due to peaking energy supplies and thus peaking credit supplies (as explained in part 2 of this 3-part series).
Written by Gary
Not unsurprisingly, the stock future indexes are up but trading trading at major resistance levels. Oil prices are on the rise again following a near 5% jump yesterday and crude is at its resistance (49.29) having rallied more than 27% from its August low.
For now the markets are expected to open higher as we await the DOE Cushing OK Crude Inventory at 10:30 which, in its self, will cause volatility and the markets to reverse course or break through its resistance.
06Oct2015 Market Close: DOW Up 14 Points, Rest Of Averages In The Red On Low Volume And Fears Of A C
06Oct2015 Market Update: Averages Slipping Over 1%, Crude Near Tough Resistance, Session Bottom Evid
Written by Steven Hansen
A quick recap to the trade data released today paints a mixed picture. The unadjusted three month rolling average value of exports decelerated month-over-month - but imports accelerated,. Many care about the trade balance (which decreased marginally relative to last month), and the trade balance grew.