OPEC Set to Break 10-Year Habit of Supply Cuts During Routs

Is OPEC telling the truth? Perhaps they will cut and just not tell anyone.

For the first time in a decade, OPEC will maintain oil-output quotas while prices plunge as Europe’s debt crisis and China’s slowing growth curb fuel demand.

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Great review of the European crisis, how it got there, and how past history is still influencing the present.

The Merkel government is not ruling out eurozone bonds or EU deposit insurance for ever. It is arguing that any such moves can come only as part of a bigger project – the formation of a political union. Anything else will feel like giving southern Europe a German credit card, without setting a credit limit.

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Jay Yarow with the details of Apple’s plan to destroy Google. He believes it is “…clearer than ever that Apple really is going to attempt to kill Google.”

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What is Europe talking about doing that has Matthew O’Brien saying this? “It’s uncanny. They never miss a chance to do the wrong thing at the exact wrong moment.”

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See the results of 2012 hedge fund performance by strategy, here.

Take a look at the list and contact the curators to let them know how they may have erred. Also note that there is at least 1 con man who has made the list.

Top 100 Investment Blogs

(Reuters) – Investors are losing faith in the computer-based trading models that made them millions in the bull market years, as Europe’s financial convulsions have shown how poorly they cope with the unpredictable.

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For Germany, being part of the European Union has always included an element of blackmail. France has been playing this card from the beginning, but now the Spanish and the Greeks have mastered the game. They’re banking on Berlin losing its nerve.

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bclund with some side-splitting double entendres. In no particular order…

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An indecisive Fed leads to a sharp move lower for Gold.

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Turns out Obama has been caught in a rather substantial lie. Despite numerous protests to the contrary (backed up by the mainstream media Palace Guards) Obama was a card-carrying member of the socialist New Party. Kurtz provides unequivocal proof in a new article published today.

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Ain’t Basel III a pain in the ass? Luckily, they have 7 years to raise it. Let’s hope we don’t have another few years of Armageddon.

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Russian BASE jumper Valery Rozov set a new world jump record with a leap from the top of Shiving, a 4-mile high mountain in the Indian part of the Himalayas

The Democrat’s political football just turned into a golfball: the “cash hoard” that companies have supposedly been sitting on his 1/2 trillion dollars smaller than previously believed.

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Jez Liberty is out with another breakdown of the state of trendfollowing. His analysis covers “over 50 instruments across Equities, Interest Rates, Currencies, Agriculturals, Metals and Energies, from around the world.”

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$HOV shares surged today 25% as it posted its first quarterly profit in 2 years.

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Analysts at ING outline six possible endgames for the Euro Zone.

ALLAHPUNDIT has the hilarious breakdown of the Krugman takedown here. Note that Estonia has endured much harsher austerity measures than Greece, and it now it is the only EuroZone country with a budget surplus, which makes the Krugman beatdown even better.

Public Employee Labor Unions are absolutely destroyed after tonight. The results are truly shocking.

Walker survives recall election in Wisconsin

Governor Walker’s Victory Spells Doom For Public Sector Unions