The Traderszone Network

Over the past several months, as a result of their lockout from capital markets, Greek banks’ reliance on the ECB’s Emergency Liquidity Assistance has soared, and at last check was somewhere in the mid-€70 billion range.

The conventional wisdom was that the ECB was merely plugging the hole created weekly (and often, daily) as a result of the chronic Greek bank run which has seen tens of billions in deposits withdrawn from Greek banks since Syriza officially took power earlier this year.

read more

The coffee titan delivered another quarter of impressive growth, but the best may be yet to come.

Submitted by ‘The Dissident Dad’ via Mike Krieger’s Liberty Blitzkrieg blog,

No joke, trying to raise an independent-minded, decent human being in America is like trying to fly through a Category 5 hurricane.

read more

App discovery through mobile search is a growing trend, and Google is helping developers take advantage of it. This could spell trouble for Facebook and Twitter

Big gains in revenue and cash from operations bode well for the business, but a sharp drop in deferred revenue could have some investors looking twice.

Pandora beats earnings, but shares are falling anyway. Here’s why.

Over the course of the last several months we’ve taken every opportunity to point out the fact that undergirding the strength in equities is a wave of corporate buybacks. At nearly $350 billion, IG issuance recently hit a record for Q1 and HY supply hasn’t been too shabby either at $93 billion during the period. The supply deluge has of course been fueled by investors’ voracious appetite for anything that offers any semblance of yield in the face of a credit landscape where risk-free debt slides further into NIRP-dom with each passing month.

read more