Why Are The IMF, The UN, The BIS And Citi All Warning That An Economic Crisis...
Submitted by Michael Snyder via The Economic Collapse blog,The warnings are getting louder. Is anybody listening? For months, I have been documenting on my website how the global financial system is...
View ArticleThe Endgame Takes Shape: "Banning Capitalism And Bypassing Capital Markets"
One month ago we presented to readers that in the first official "serious" mention of "Helicopter Money" as the next (and final) form of monetary stimulus, Australia's Macquarie Bank said that there is...
View ArticleRANsquawk Week Ahead video: 12th October - BoJ minutes are released on...
In a lighter week in terms of major macro news flow compared to the previous, focus will be on the BoJ minutes due on Tuesday. The release will look into whether the central bank were close to...
View ArticleDell Buys EMC In Record $67BN Deal: Creates "World's Largest Private...
Just when you thought the M&A boom is over after a surge in bond yields that Goldman has repeatedly dubbed as "recessionary", and which will make the debt cost of any funding so high that there is...
View ArticleGlencore Production Cuts Backfire After World's Second Largest Miner Vows To...
First Glencore cut its coal production. Then a month ago as part of its "doomsday" deleveraging plan, the troubled Swiss miner-cum-trader announced drastic production cuts and major layoffs in its...
View ArticleKey Events In The Coming Week
While the US bond market, if not equities, is enjoying the day off on a day in which there is no economic data just more Fed speakers including the Fed's Evans who on Friday uttered what may be the...
View ArticleDeflation = Debt + Demographics + Disruption
With every passing day the Fed, which recently revealed that among its mandates are China, the VIX, the Dow Jones, and who knows what other market-driven indicator (a market which is also influenced by...
View ArticleHave We Reached "Peak Fedspeak"?
One of the things you may have noticed about last month’s “most important” Fed meeting in recent memory is that the market has completely lost track of the narrative. Indeed, keeping up with the...
View ArticleAnalysts Try To Predict Future Earnings, Comedy Ensues
While everyone's attention is focused on the earnings deluge set to be unleashed in the third quarter (and if the handful of companies reporting so far is any indication, this may be one of those...
View ArticleGold will end next year at $1,400 an ounce - Capital Economics
Gold will end next year at $1,400 an ounce - Capital EconomicsGold prices are headed for a critical test according to The Week today. The Federal Reserve's 'wait and see' stance suggests policymakers...
View ArticleSchlumberger: This Is "The Most Severe Downturn For Decades", "The Recovery...
Moments ago energy infrastructure giant Schulmberger reported third quarter earnings. We won't waste much time on the numbers (EPS of $0.78 beat consensus estimates by 1 cent due to $545 million in...
View ArticleBlackRock Warns Of "Land Mines" As Benefits Of Lower Yields For Corporate...
As we have warned numerous times - and any trader old enough to have actually lived through a credit cycle can attest to - there is only so much releveraging shareholder-friendly exuberance firms can...
View ArticleOct 16 - Fed's Dudley: Uncertainty about China creates uncertainty about US...
EMOTION MOVING MARKETS NOW: 41/100 FEARPREVIOUS CLOSE: 35/100 FEARONE WEEK AGO: 42/100 FEAR ONE MONTH AGO: 16/100 EXTREME FEARONE YEAR AGO: 1/100 EXTREME FEARPut and Call Options: FEAR During the last...
View ArticleThe Latest Evidence That Global Trade Has Collapsed: India's Exports/Imports...
Late last month, India surprised 51 out of 52 economists when the RBI cut rates by 50bps. Although economists have a reputation for being terrible when it comes to making predictions (getting it wrong...
View ArticleScandal-Plagued Deutsche Bank Terminates Head Of I-Banking As Part Of...
We first realized that something was off at Deutsche Bank in the summer of 2013, when long before the bank's unprecedented management, regulatory and litigation problems surfaced, we first pointed out...
View ArticleFutures Flat As Algos Can't Decide If Chinese "Good" Data Is Bad For Stocks,...
The key overnight event was the much anticipated, goalseeked and completely fabricated Chinese economic data dump, which was both good and bad depending on who was asked: bad, in that at 6.9% it was...
View ArticleFrontrunning: October 19
Great News: China’s GDP Growth Beats Forecasts as Stimulus Supports Spending (BBG)Oh wait, maybe not: China GDP: Deflategate Comes to Beijing (WSJ)Actually, definitely not: Shanghai rebar falls to...
View ArticleLondon and World Gold Council look to regulate OTC Gold market
London and World Gold Council look to regulate OTC Gold marketChange is brewing in London as the the LBMA – the association that oversees the world’s largest gold market – is looking at how best to...
View ArticleDeutsche Bank Junior Trader Mistakenly Paid Hedge Fund Client $6 Billion In...
Just a day after flailing, scandal-ridden Deutsche Bank shocked investors with the latest corporate restructuring, one which saw its investment bank split in two and which saw the termination of its...
View ArticleOct 20 - Fed's Williams: Decision on October will be taken at the meeting
EMOTION MOVING MARKETS NOW: 48/100 NEUTRALPREVIOUS CLOSE: 47/100 NEUTRALONE WEEK AGO: 44/100 FEAR ONE MONTH AGO: 16/100 EXTREME FEARONE YEAR AGO: 7/100 EXTREME FEAR Put and Call Options: FEAR During...
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