Keyword: markets

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  • Paul Tudor Jones Warns This "Disastrous Market Mania" Will End "By Revolution, Taxes, Or War"

    03/19/2015 10:12:30 PM PDT · by Perseverando · 24 replies
    Zero Hedge ^ | March 19, 2015 | Tyler Durden
    "This gap between the 1% and the rest of America, and between the US and the rest of the world, cannot and will not persist," warns renowned trader Paul Tudor Jones during his recent TED Talks speech, as he addressed the question - can capital be just? Hoping to expand the "narrow definitions of capitalism," that threaten the underpinnings of society, Tudor Jones exclaims, "we're in the middle of a disastrous market mania," adding "one of worst of my life." Perhaps most ominously, he concludes, historically this ends "by revolution, higher taxes or wars. None are on my bucket list."...
  • Cramer: The gigantic oil crash that hasn't occurred

    03/13/2015 6:43:03 AM PDT · by thackney · 11 replies
    msn ^ | Jim Cramer
    We keep waiting for the bust, the gigantic rollover of oil companies that just plain collapse under their own weight and the $50 price that you get for West Texas Intermediate. It hasn't happened. We keep waiting for the junk bond market that is riddled with $200 billion in oil and gas paper to be crushed by defaults and restructurings. It hasn't been. In fact, the iShares iBoxx $ High Yield Corporate Bd, the high-yield exchange-traded fund that includes a lot of this suspect paper, is pretty much unchanged for the last three years and has enjoyed a sustained rally...
  • In This Market, Don't Drink the Kool-Aid

    02/15/2015 11:20:15 AM PST · by Signalman · 8 replies
    Monday Morning ^ | 2/15/2015 | Michael Lewitt
    Stocks hit new records last week as central banks around the world continued writing checks to prop up still struggling economies, the price of oil stabilized, Vladimir Putin lured the West into a phony truce in the Ukraine, and Athens and the EU tried to pretend that Greece isn't hopelessly insolvent or that it even matters if it is or isn't. In other words, investors were once again all too willing to ignore economic reality and drink the Kool Aid being served by central bankers and politicians. We might as well call this the "Jonestown Market" because the cult leader...
  • Russians advised to pull their money out of banks and prepare for 'black market in cash'

    02/06/2015 8:26:31 AM PST · by Perseverando · 14 replies
    Business Insider ^ | February 06, 2015 | Tomas Hirst
    A columnist for Russia's Vedomosti newspaper, a joint venture between the Financial Times and The Wall Street Journal, has advised readers to pull their savings out of banks and convert them into physical dollars. The ruble has tanked over the past year, falling over 50% from 33 rubles to the dollar to 67 rubles at market open Friday. The collapse in the currency's value has helped drive up prices in the country, which is heavily reliant on imports, with inflation surging to 15% in January. Now, it seems, it is affecting sentiment on the streets. Andrey Panov, a freelance columnist...
  • This is a Fund That Spans All American Stocks

    02/03/2015 8:13:36 AM PST · by Kaslin · 3 replies
    Townhall.com ^ | February 3, 2015 | Doug Fabian
    This featured fund is broader than some of those covered previously in our current series about the world’s largest exchange-traded funds (ETFs). The market’s fourth-largest ETF is simply one to invest in when you think times are good and things are looking up across the board in the United States: Vanguard Total Stock Market ETF (VTI). VTI is less discriminatory than the other U.S. funds we have examined, since it tracks an index that includes nearly every stock in the U.S. market that is open to investment. The fund’s holdings run the gamut from large to small and value- to...
  • "Equities Will Be Devastated" Odey Warns, Looming Recession Will Be "Remembered For 100 Years"

    01/28/2015 6:14:36 AM PST · by blam · 24 replies
    Zero Hedge ^ | Crispin Odey - Tyler Durden
    Tyler Durden - Crispin Odey January 28, 2015 "I think equity markets will get devastated," warns famed $12bn AUM hedge fund manager Crispin Odey in his latest letter to investors. Having been one of the biggest bulls of this particular central bank artificial-bull cycle, his dramatic bearish tilt (as we discussed what he thinks are the biggest risks underpriced by the market previously), is notable. Finally, Odey fears major economies are entering a recession that will be "remembered in a hundred years," adding that the "bearish opportunity" to short stocks looks as great as it was in 2007-2009. Odey Asset...
  • The US Economy Continues To Look Stronger And Stronger

    01/26/2015 10:09:04 AM PST · by blam · 21 replies
    BI ^ | 1-26-2015 | Sam Ro
    Sam Ro January 26, 2015There's nothing wrong with using a little borrowed money to finance purchases. For businesses, financing with debt is cheaper than financing with equity. One of the things that's dragged on the economic recovery has been the deleveraging of consumer and business balance sheets. Specifically, everyone scaled back on the amount of debt they held, which means their assets shrank, too. However, that trend has reversed noticeably. "The Fed’s weekly bank lending data (released Friday) shows a continued acceleration in credit growth in the first two weeks of 2015, see chart below," Deutsche Bank's Torsten Slok said....
  • Swiss mess could make oil plunge seem like minor hiccup

    01/16/2015 5:46:55 PM PST · by Lorianne · 11 replies
    Market Watch ^ | 15 Junuary 2015
    One day, it’s gold. The next, it’s equities. Most days, it’s crude. On Wednesday, it was copper. On Thursday it was the Swiss franc and Swiss stocks. And the move in those two makes those others look like minor-league hiccups. While you were sleeping, all hell broke loose in Switzerland, as the central bank ditched its currency cap against the euro after four years and slashed interest rates to negative 0.75%. The Swiss franc is rallying wildly, while the Swiss stock market is cratering and U.S. stock futures are mostly on the losing side as investors figure out this latest...
  • World deflationary forces have swept away Switzerland's defences

    01/16/2015 5:49:10 PM PST · by Lorianne · 17 replies
    Telegraph (UK) ^ | 15 Junuary 2015 | Ambrose Evans-Pritchard
    The Swiss National Bank has lost control. It is the latest in a list of venerable central banks to be overwhelmed by deflationary forces and global economic disorder. The country is already in deflation. The Swiss franc ended Thursday 13pc higher after the SNB abandoned its three-year efforts to defend a currency floor of 1.20 to the euro. “We have a free exchange rate once again,” said the SNB’s president, Thomas Jordan. Indeed, but nobody is fooled by the SNB’s attempt to spin this as benign. “This is a huge hit to their credibility,” said Deutsche Bank. The official statement...
  • Wall Street Just Got Exactly What It Wished For, But It Wasn't Ready For It

    01/15/2015 9:11:30 AM PST · by blam
    BI ^ | 1-15-2015 | Linette Lopez
    Linette Lopez January 15, 2015The story on Wall Street this earnings season is a classic case of, "be careful what you wish for; you just might get it." Since Wednesday, when Wall Street started reporting its earnings for the last quarter of 2014, we have seen an across-the-board beatdown on trading revenues. •A 23% drop in bond trading (from the same time last year) contributed to JP Morgan's earnings miss. •Citigroup's trading revenue fell by 14% overall, and bond trading fell 16% from this time last year. •And sales and trading revenue at Bank of America fell 20% from the...
  • U.S. Equity Futures Flat as Franc Soars on Swiss Move ("Extremely violent and totally unexpected")

    01/15/2015 6:00:23 AM PST · by SkyPilot · 27 replies
    Reuters and Fox News ^ | 15 Jan 15 | Reuters and Fox staff
    Global markets were thrown into turmoil on Thursday as a shock move by Switzerland to abandon its more than three-year-old cap on the franc sent the currency soaring and Europe's shares and bond yields tumbling. The franc jumped by almost 30 percent in a chaotic few minutes after the 1.20 per euro cap in place since late 2011 was lifted, surging past parity to trade as high as 0.8052 francs per euro. It was trading at 1.02600 at just after 1200 GMT. The move reversed an earlier rebound in risk appetite following an overnight recovery in commodity prices. Over 100...
  • Oil Extends Selloff as OPEC Is Seen Standing Firm on Output: Oversupplied

    01/13/2015 7:38:27 PM PST · by shepardspie33 · 15 replies
    WSJ ^ | January 13, 2015 | Nicole Friedman
    Another day, another selloff for oil. The catalyst Tuesday was talk from the United Arab Emirates’ oil minister, who said the Organization of the Petroleum Exporting Countries would stand firm on its November decision to keep output steady. The comments dashed investor hopes that OPEC would relent and cut production in the face of a rout that has slashed U.S. oil prices 14% in the first eight trading days of the year and 57% since June. The selling spilled into other commodities and the currency market. The price of copper, a commodity about which investors hold many of the same...
  • The Market Rally Is Gone

    01/13/2015 11:00:42 AM PST · by blam · 15 replies
    BI ^ | 1-13-2015 | Myles Udland
    Myles Udland January 13, 2015 Stocks have erased all of today's gains, and they're now slightly in the red. Just after 1:30 Tuesday, the Dow was up just 21 points (0.1%), the S&P 500 was down 0.1 point (-0.0%), and the Nasdaq was up 17 points (+0.3%). At its highest level, the Dow was up by 283 points. On Tuesday, the price of oil was falling again, with West Texas Intermediate crude slipping below $45 a barrel for the first time since April 2009 as the commodity just cannot find a bottom. (snip)
  • Enjoy The Ride On The Inflation/Deflation Rollercoaster

    01/12/2015 7:29:48 PM PST · by blam · 18 replies
    TMO ^ | 1-12-2015 | Michael Pento
    January 12, 2015Michael Pento Politicians and central bankers are desperately trying to convince investors that the economy has returned to what they deem as a “pre-crisis normality”. But the truth is the global economy has never been in a more fragile condition. In an example of just how precarious the Fed-engineered asset bubbles have become, all of the 2014 U.S. equity market gains were wiped out by just a few really bad trading days in October. The Dow Jones, S&P 500 and the NADAQ averages were all negative after the first 10 months of last year. Investors were better off...
  • France Terror Heading to US, Oil Crash Equals Market Crash, Obama’s Phony Recovery

    01/11/2015 6:50:55 PM PST · by Lorianne · 12 replies
    You Tube/ USA Watchdog ^ | 08 January 2015 | Greg Hunter
    video 15:10
  • ECONOMIST WARNS: Deflation Is Coming To The US

    01/08/2015 11:11:38 AM PST · by blam · 44 replies
    BI ^ | 1-8-2015 | Shane Ferro
    Shane FerroJanuary 8, 2015Deflation is coming. In a new note to clients, BNP Paribas's Laura Rosner writes that low oil prices could drag headline inflation in the US into negative territory in the first two quarters of 2015. Rosner writes: Under our new forecast, the quarterly y/y rate of headline inflation falls below zero in Q1 and Q2 2015 (-0.3% and -0.4%, respectively). We still expect the energy price shock to have only transitory effects (maximum impact in 2015) and limited pass through into core, though we will be re-evaluating that assumption over time. Our forecast assumes household and business...
  • Oil Falls Below 50 As Global Financial Markets Begin To Unravel

    01/06/2015 11:18:25 AM PST · by blam · 31 replies
    TEC ^ | 1-15-2015 | Michael Snyder
    By Michael Snyder January 5th, 2015 On Monday, the price of oil fell below $50 for the first time since April 2009, and the Dow dropped 331 points. Meanwhile, the stock market declines over in Europe were even larger on a percentage basis, and the euro sank to a fresh nine year low on concerns that the anti-austerity Syriza party will be victorious in the upcoming election in Greece. These are precisely the kinds of things that we would expect to see happen if a global financial crash was coming in 2015. Just prior to the financial crisis of 2008,...
  • Stocks Are Getting Crushed Again (It's Ugly Out There) (Oil $47.91)

    01/06/2015 10:43:26 AM PST · by blam · 12 replies
    BI ^ | 1-6-2015 | Myles Udland
    Myles Udland January 6, 2015 It's ugly out there. Near 1:15 pm ET on Tuesday, stocks were near their worst levels of the day as oil was tumbling again. The Dow was down 214 points, the S&P 500 was down 25 points to fall back below 2,000, and the Nasdaq was down 77 points. All the major indexes were down more than 1.2%, with the Nasdaq down 1.6%. CNBC's Scott Wapner has said on-air on Tuesday that we are currently looking at the worst three-day drop in the S&P 500 to start a year ever. The major averages opened higher...
  • It's Like We're In The Panic Phase Of A Financial Crisis

    01/06/2015 5:41:10 AM PST · by blam · 23 replies
    BI ^ | 1-6-2015 | Sam Ro
    Sam Ro January 6, 2015Over the past few days, we've seen stocks plummet and oil prices crash. But the most interesting moves have been occurring in the global bond markets where government bond yields have been plunging to historic lows. "2015 starts off with the average of G3 10 year government yields below 1%," wrote Steven Englander, Citi's global head of G10 FX Strategy. The G3 currency group consists of the US dollar, the euro, and the yen. On Tuesday, the US 10-year yield got as low as 1.959% and Japan's 10-year yield fell to as low as 0.288%. In...
  • GUNDLACH: The Consensus Is Wrong — Interest Rates Could Sink To Levels We Haven't Seen In Decades

    01/03/2015 6:26:23 AM PST · by blam · 23 replies
    BI ^ | 1-3-2015 | Sam Ro
    Sam Ro January 3, 2015January 2015 is looking a lot like January 2014. The US economy has been improving, the unemployment rate has been coming down, and the Federal Reserve has been increasingly prepping the world for tighter monetary policy. For most bond market experts, all that means US interest rates are going to head up, especially considering the fact that rates have been falling for three decades. But Jeff Gundlach is not like most bond market experts. A year ago this month, Gundlach, the head of DoubleLine Funds, went contrarian and correctly predict rates would fall. In a new...
  • Is this finally the end of the bull market?

    12/12/2014 3:07:28 PM PST · by Signalman · 24 replies
    CNNMoney ^ | 12/12/2014 | Paul La Monica
    Stocks plunged from mid-September through mid-October before staging a sharp rebound that culminated with the Dow hitting a new all-time high just a week ago on the back of a strong U.S. jobs report. Heading into this week, many investors were predicting that the Dow would soon top 18,000 for the first time. But the sharp sell-off in oil has changed all that. Crude prices are now below $58 a barrel, their lowest level in more than five years. Energy stocks have been hit hard as a result. However, oil stocks were not the only big losers on Friday --...
  • There Goes Oil ... ($60.50 bl)

    12/11/2014 5:44:09 AM PST · by blam · 30 replies
    BI ^ | 12-11-2014 | Myles Udland
    Myles Udland December 11, 2014Oil is falling again. In morning trade on Thursday, after a quiet session overnight, the price of WTI crude oil was sliding again, moving back below $61 a barrel and towards the lows hit on Wednesday. On Wednesday, WTI fell below $60.50, the lowest since 2009, while Brent crude oil also dipped below $65 a barrel. (snip)
  • Gold Surges To October Highs, Snaps Japanese Linkages

    12/09/2014 7:38:07 AM PST · by blam · 19 replies
    Zero Hedge ^ | 12-9-2014 | Tyler Durden
    Tyler Durden 12/09/2014 Gold prices have surged this morning to their highest since October (over $1221) as leveraged hot money greatly rotates its repo-driven way out of risk assets and into Greenspan's alternative currency. However, there is a bigger problem for the biggest pairs trade that no one is discussing - apart from us - the decoupling of the long Nikkei, short gold trade as the repo market folds in on itself from the suck out of $80 billion in collateral by China... Gold back at its highest since October...(snip)
  • Shanghai Stocks Just Went Into A Major Sell-Off

    12/09/2014 5:07:36 AM PST · by blam · 10 replies
    BI ^ | 12-9-2014 | Mike Bird
    Mike Bird December 9, 2014 Chinese stocks just saw a colossal sell-off late in trading, sending the Shanghai Composite index from a small increase to a 5.43% crash, the biggest in five years. Here's how it looked:(snip)
  • Economist: Financial Collapse Will Cause Civil Unrest to Erupt In America By 2016

    11/08/2014 10:47:19 AM PST · by blam · 63 replies
    SHTF Plan ^ | 11-8-2014 | Paul Joseph Watson _ Martin Armstrong
    Paul Joseph Watson November 7th, 2014 Economist Martin Armstrong is predicting that rising resentment against the status quo as a result of economic inequality is likely to cause a serious political uprising before 2016. “It looks more and more like a serious political uprising will erupt by 2016 once the economy turns down. That is the magic ingredient. Turn the economy down and you get civil unrest and revolution,” writes Armstrong. In making the forecast, the economist cites the case of 90-year-old World War 2 veteran Arnold Abbott, who is being targeted by authorities in Fort Lauderdale for defying a...
  • There Are Alarming Economic Similarities Between Now And 1873

    11/04/2014 6:13:34 PM PST · by blam · 2 replies
    BI ^ | 11-4-2014 | John Mauldin
    John MauldinOctober 4, 2014“The significant problems that we have created cannot be solved at the level of thinking we were at when we created them.” – Albert Einstein “Generals are notorious for their tendency to ‘fight the last war’ – by using the strategies and tactics of the past to achieve victory in the present. Indeed, we all do this to some extent. Life's lessons are hard won, and we like to apply them – even when they don't apply. Sadly enough, fighting the last war is often a losing proposition. Conditions change. Objectives change. Strategies change. And you must...
  • Why John Hussman Is Right On About The Economy

    11/03/2014 7:00:52 AM PST · by blam · 3 replies
    BI ^ | 11-3-2014 | Greg McKenna
    Greg McKenna, Business Insider Australia November 3, 2014I was listening to one of my favourite bands, The Smashing Pumpkins, over the weekend. And it struck me that the opening chorus to “Bullet With Butterfly Wings” is probably how noted stock market bears around the globe feel right now after the massive rally from the October lows and the BoJ’s extra stimulus on Friday which sent stocks and the US dollar much higher. In “Bullet With Butterfly Wings” lead singer Billy Corgan opens up with haunting lyrics: The world is a vampire, sent to drain. Secret destroyers, hold you up to...
  • Japan Just Boosted QE And The Nikkei Exploded To A 7-Year High

    10/31/2014 4:32:42 AM PDT · by blam · 11 replies
    BI ^ | 10-31-2014 | Mike Bird
    Mike Bird October 31, 2014The Nikkei closed up 4.83%, hitting a seven-year high after the Bank of Japan (BoJ) unexpectedly announced it was expanding its monetary easing policy Friday morning. In a tight vote, the BoJ backed an 80 trillion yen ($720 billion) target for expanding the monetary base (a measure of the amount of money held by the central bank and in the economy). That's up from a previous target of 60 trillion to 70 trillion yen. Analysts were basically not expecting anything Friday: this one was a genuine surprise. Just as the Fed this week announced the final...
  • The US Economy Runs Into A Problem If Oil Hits $75

    10/30/2014 6:00:42 PM PDT · by blam · 66 replies
    BI- Zero Hedge ^ | 10-30-2014 | Tyler Durden
    Tyler Durden October 30, 2014 US shale oil is now the marginal swing barrel in the new world oil order, and as Goldman Sachs warns (despite Larry Kudlow apparently knowing better), a decline in WTI to $75/bbl would start to significantly slow US shale growth (and thus employment, capex, and the entire US economy). Via Goldman Sachs, Our oil forecast calls for a slowdown in US shale oil production which our North American Energy equity research team led by Brian Singer estimates will occur at $75/bbl WTI prices. They estimate that the WTI oil price at which average wells in...
  • HUSSMAN: I Think The Stock Market Is Crashing

    10/27/2014 5:54:39 AM PDT · by blam · 27 replies
    BI ^ | 10-27-2014 | Henry Blodget
    Henry Blodget October 27, 2014 Fund manager John Hussman of the Hussman Funds has been one of the most vocal bears on Wall Street for the past few years. The market has continued to rise strongly in the face of these warnings, which has clobbered Hussman's reputation and performance. But those who are loud and early/wrong on Wall Street are always ridiculed ... unless/until the trend changes. At that point, they become one of the heralded few who were "right." For the past six months or so, Hussman has been increasing the volume of his warnings about a potential market...
  • How Will The Stock Market React To The End Of Quantitative Easing?

    10/26/2014 7:02:25 PM PDT · by blam · 51 replies
    TEC ^ | 10-26-2014 | Michael Snyder
    By Michael Snyder October 26th, 2014 It is widely expected that the Federal Reserve is going to announce the end of quantitative easing this week. Will this represent a major turning point for the stock market? As you will see below, since 2008 stocks have risen dramatically throughout every stage of quantitative easing. But when the various phases of quantitative easing have ended, stocks have always responded by declining substantially. The only thing that caused stocks to eventually start rising again was a new round of quantitative easing. So what will happen this time? That is a very good question....
  • Markets Are Sinking (Ebola Fears)

    10/24/2014 4:55:38 AM PDT · by blam · 21 replies
    BI ^ | 10-24-2014 | Mike Bird
    Mike Bird October 24, 2014 European markets are down early Friday, following a drop in US stock futures after an Ebola scare. Here's the scorecard, so far: France's CAC 40 is down 0.55% Spain's IBEX is down 0.01% Italy's FTSE MIB is up 0.26% after opening down Britain's FTSE 100 is down 0.35% Germany's DAX is down 0.37% Asian markets closed mixed. The Nikkei closed up 1.01%. The Hang Seng closed down 0.13%. US futures are down, with S&P futures down 6 points and Dow futures down 33 points. (snip)
  • Markets Are Surging

    10/17/2014 4:02:26 AM PDT · by blam · 9 replies
    BI ^ | 10=17-2014 | Mike Bird
    Mike Bird October 17, 2014European markets are rallying on Friday, but it looks as if there is going to be some incredible volatility again following a rocky day for stocks. France's CAC 40 is up 1.78% Spain's IBEX is up 1.95% Italy's FTSE MIB is up 1.70% Britain's FTSE 100 is up 1.04% Germany's DAX is up 1.68% In Asia, Japan’s Nikkei closed down 1.40%. It’s now down 9.48% since the start of the year, one of the worst-performing indices in the advanced economies during 2014 so far. Hong Kong’s Hang Seng closed up 0.60%. US stock futures are climbing,...
  • Gold, Silver, Dow Jones, S&P all down prior to market open

    10/16/2014 6:07:19 AM PDT · by Cringing Negativism Network · 15 replies
    (self) ^ | 10/16/14 | (self)
    Well the markets open in 20 minutes. All are currently pointed down, prior to open.
  • Get Your Tactics Ready For The Ebola Stock Market Event

    10/15/2014 3:26:24 PM PDT · by blam · 38 replies
    Market Oracle ^ | 10-15-2014 | momey morning
    October 15, 2014 Money Morning Keith Fitz-Gerald writes: My sources tell me that Ebola is probably the most serious threat to humanity since the Bubonic Plague of the Middle Ages. Already it has spread to a dozen countries, including the U.S., and more than 4,000 people are dead. According to Dr. Bruce Aylward of the World Health Organization (WHO), mortality rates are rising and now sit at 70%. This outbreak is more grim proof that Trend No. 6 – War, Terrorism, and Ugliness – is indeed a growth industry. That’s the next trend we’ll be discussing, though it’s easily my...
  • Is the Market Setting up for a Big Fall?

    10/15/2014 11:47:23 AM PDT · by Kaslin · 9 replies
    Townhall.com ^ | October 15, 2014 | Bill Gunderson
    Back on March 27, 2009 I wrote about how Spring was in the air. You could see it almost everywhere you looked. A new BULL market had been born. That was 67 months ago. That was a pretty good call and I have been fully invested for the most part ever since. I have grown cautious at times, but I have never received a SELL SIGNAL on the S&P 500 since that day. I have been writing recently about how this current BULL MARKET will eventually come to an end at some point in time, however. No BULL market lasts...
  • big misses across all data: retail sales, producer prices, empire fed all whiff

    10/15/2014 5:55:26 AM PDT · by blam · 51 replies
    BI ^ | 10-15-2014 | Myles Udland
    Myles Udland October 15, 2014We just got a slew of bad economic data. Retail sales in September fell more than expected, producer prices unexpectedly fell, and the New York Fed's Empire manufacturing report came in way below expectations. Following these reports, the US dollar is falling against the Japanese yen, tumbling back below 107, while US stock futures are sharply lower. Dow futures are down 145 points, S&P 500 futures are down 22 points, and Nasdaq futures are down 38 points. Retail sales in September fell 0.3%, and fell 0.2% excluding autos. Expectations were for sales to show a decline...
  • MAULDIN: The Dire Economic Sea Change Is Finally Here

    10/14/2014 4:43:56 AM PDT · by blam · 5 replies
    BI ^ | 10-14-2014 | John Mauldin
    John Mauldin October 14, 2014You don’t need a weathermanTo know which way the wind blows.– Bob Dylan, “Subterranean Homesick Blues,” 1965 Full fathom five thy father lies. Of his bones are coral made. Those are pearls that were his eyes. Nothing of him that doth fade, But doth suffer a sea-change Into something rich and strange. – William Shakespeare, The Tempest Did you feel the economic weather change this week? The shift was subtle, like fall tippy-toeing in after a pleasant summer to surprise us, but I think we’ll look back and say this was the moment when that last...
  • The Coming Stock Market Crash and The Death of Money with Jim Rickards

    10/13/2014 4:37:09 AM PDT · by Enlightened1 · 61 replies
    Youtube ^ | 09/18/14
    Jim Rickards, the Financial Threat and Asymmetric Warfare Advisor for both the Pentagon and CIA. Recently, all 16 branches of our Intelligence Community have come together to release a shocking report. These agencies, that include the CIA, FBI, Army, and Navy, they've already begun to estimate the impact of the fall of the dollar as the global reserve currency. And our reign as the world's leading super power being annihilated in a way equivalent to the end of the British Empire, post-World War II. And the end game could be a nightmarish scenario, where the world falls into an extended...
  • Global Plunge (Stocks)

    10/10/2014 5:14:04 AM PDT · by blam · 12 replies
    Bi ^ | 10-10-2014 | Joe weisenthal
    Joe WeisenthalOctober 10, 2014 The global market plunge continues. On Thursday we saw the Dow give up more than 300 points, and markets again awash in a sea of red. France is down 1.6%. German shares are down over 2%. Hong Kong's Hang Seng fell nearly 2%, while Japan lost just over 1%. US futures are all lower, by just under 1%.(snip)
  • STOCKS CRUSHED, DOW FALLS 335: Here's What You Need To Know

    10/09/2014 1:25:44 PM PDT · by blam · 59 replies
    BI ^ | 10-9-2014 | Myles Udland
    Myles UdlandOctober 9, 2014Markets had a rough day on Thursday, with the Dow falling more than 300 points and each of major stock indexes giving up all of their gains from yesterday's huge rally while bond yields fell around the world as the US 10-year Treasury bond fell to its lowest level in 15-months. First, the scoreboard: •Dow: 16,659.3, -335, (-2%) •S&P 500: 1,928.2, -40.7, (-2%) •Nasdaq: 4,378.3, -90.2, (-2%) And now, the top stories on Thursday: (snip)
  • Stocks Keep Sliding — Dow Off 245

    10/09/2014 9:03:28 AM PDT · by blam · 36 replies
    BI ^ | 10-9-2014 | Myles Udland
    Myles Udland October 9, 2014The market is open and stocks are lower, with each of the averages down at least 1%. In morning trade on Thursday, the Dow was down 245 points, the S&P 500 was down 27 points, and the Nasdaq was down 45 points. On Thursday morning, bond yields fell all around the world, with the yield on the US 10-Year Treasury note falling to below 2.3%, its lowest level of the year. In economic news, the latest report on weekly initial jobless claims showed that claims fell to their lowest four-week average level since February 2006. (snip)
  • ALBERT EDWARDS: A $1,000 For A Wicker Basket? Sell Everything And Run For Your Lives!

    10/09/2014 7:01:06 AM PDT · by blam · 15 replies
    BI ^ | 10-9-2014 | Myles Udland
    Myles UdlandOctober 9, 2014Uber-bear Albert Edwards, a strategist at Societe Generale, is out with a new note to clients about market tops and expensive baskets. Edwards highlights the following comment from this weekend's Financial Times that said the following: Sir: The next financial apocalypse is imminent. I know this to be true because the (FT Weekend) House and Home section is now assuming the epic proportions last seen before the great crash. Twenty four pages chock full of adverts for mansions and wicker tea trays for $1,000. You’re all mad. Sell everything and run for your lives.(snip)
  • Will Gold Crash With The Dow... Or Soar?

    10/06/2014 8:01:10 PM PDT · by blam · 44 replies
    Zero Hedge ^ | 10-6-2014 | Tyler Durden
    Tyler Durden 10/06/2014 In 2008, we projected that the crash in the market was in fact a mini-crash and that the day would come when a more major crash would occur - one that reflected the level of debt. In recent months, this prognostication has been gaining traction - that a second, more severe crash is inevitable. There are two primary camps amongst economists with regard to the economic direction that a crash will generate: inflationists and deflationists. Inflationists tend to feel that the governments of the world that are now in debt over their heads will do what governments...
  • These 2 Charts Show Why The Economic Crisis Is Far From Over

    09/30/2014 6:34:45 AM PDT · by blam · 1 replies
    BI ^ | 9-30-2014 | Tomas Hirst
    Tomas Hirst September 30, 2014The hot debate in financial circles at the moment is exactly when the Fed (and/or the Bank of England) will start raising rates as the economic recovery picks up steam. However, the authors of the Geneva Report suggest talk of the crisis being over is seriously premature. Six years on from the financial crisis, people were expecting a global economy less reliant on debt financing and gradually moving back toward trend growth. According to Luigi Buttiglione, Philip Lane, Lucrezia Reichlin, and Vincent Reinhart, we instead have global debt-to-GDP breaking new highs and a permanent decline in...
  • Icahn, Soros, Druckenmiller, And Now Zell: The Billionaires Are All Quietly Preparing For The Plunge

    09/04/2014 6:50:17 AM PDT · by blam · 13 replies
    Zero Hedge ^ | 9-4-2014 | Tyler Durden
    Tyler Durden 09/03/2014 "The stock market is at an all-time, but economic activity is not at an all-time," explains billionaire investor Sam Zell to CNBC this morning, adding that, "every company that's missed has missed on the revenue side, which is a reflection that there's a demand issue; and when you got a demand issue it's hard to imagine the stock market at an all-time high." Zell said he is being very cautious adding to stocks and cutting some positions because "I don't remember any time in my career where there have been as many wildcards floating out there that...
  • Does George Soros Know Something We Don’t About The S&P 500?

    08/16/2014 6:18:24 AM PDT · by blam · 20 replies
    Mrket Watch ^ | 8-16-2014 | Barbara Kollmeyer
    August 15, 2014 By Barbara Kollmeyer Oh, goody. It’s 13F time, when mere mortals like us get to see how the big boys rolled the dice in the last quarter. Among the highlights, Soros Fund Management increased a bear-call bet on the S&P 500 in a huge way. The fund lifted a put position — a bet the market will go lower — on the S&P 500 ETF SPY to its biggest size yet, in terms of value and portfolio percentage, making a 605% leap over the previous quarter. Bullion Baron, who has long kept a beady eye on Soros’s...
  • Let The Good Times Roll For The US Economy

    08/04/2014 4:48:37 AM PDT · by blam · 18 replies
    BI ^ | 8-4-2014 | Ed Yardeni
    Ed Yardeni, Dr. Ed's BlogAugust 4, 2014 Yardeni chart Aug 4, Dr. Ed's Blog The US economy appears on my worry list only indirectly and only because it is performing well, showing no signs of a recession. That’s bearish only if the Fed’s response of starting to raise interest rates in baby steps triggers an unanticipated financial crisis simply because interest rates have been too close to zero for too long. A rush out of corporate bond funds could be one of the consequences with recessionary consequences, or maybe not. It’s something to watch. For now, let the good times...
  • Traders Are Blaming Thursday's Big Sell-Off On 1 Stat (DJIA -317)

    07/31/2014 3:05:04 PM PDT · by blam · 26 replies
    BI ^ | 7-31-2014 | Sam Ro
    Sam Ro July 31, 2014The stock market is experiencing its worst one-day sell-off in months. There's no shortage of things to be worried about. Argentina just defaulted, Iraq's a mess, and Russia could soon retaliate for the latest round of economic sanctions. But traders agree that Thursday's sell-off is probably due to one stat: the 0.7% jump in the employment cost index (ECI) in the second quarter. This number, which crossed at 8:30 a.m. ET, was a bit higher than the 0.5% expected by economists. And it represents a year-over-year growth rate of over 2%. It's a big deal, because...
  • Why Is Zero Economic Growth 'Unexpected' ?

    07/15/2014 9:47:29 AM PDT · by blam · 7 replies
    The Market OIracle ^ | 7-15-2014 | Andrew_McKillop
    July 14, 2014 Andrew_McKillop Always Unexpected Each monthly decline in leading economic indicators, when it happens in the Eurozone, as in the US or Japan, China, Brazil, India or elsewhere, is always “unexpected”. Why is this? For example the March, April, May and June declines for the Eurozone were each time titled “unexpected” by newswires and mainstream media the month following each “surprise”. Taking the case of Reuters, it reported April 14 that Eurozone industrial output had fallen in March “for the first time since August” so this was able to be called unexpected. Then the decline continued in April....