The one absolute, take it to the bank, bet the ranch fact you can count on right now is that there is no value in the stock market...

The latest and largest equity dilution — approx. $5.6B; 30 percent s/o — by Nomura (JP: 8604) (NMR: 6.69 +8.78 percent) has sent its shares down 16 percent to 573 yen in Tokyo ($6.35 at ¥90.3/$1) following an earlier rout in NY...

As the discourse is slowly but surely tilting towards exit strategies, on the part of the central banks, the Bank of Japan (BOJ) opted today to maintain a very cautious stance towards the incoming green shoots and whether they will prove enough to lift Japan out of the mire.

1.21 gigawatts, a failed car experiment and a bad hair-do was all you needed.

“Well... we are considering other proposals and we’ll get back to you”