The Looming Crash Of 2016: Stocks Have Already Slumped In 6 Of The World’s 8...
Submitted by Michael Syder via The Economic Collapse blog,Over the past 12 months, stock market investors around the planet have lost trillions of dollars. Since this time last June, stocks have...
View Article"The Fed Has Failed" - A Disturbing New Warning From Bank Of America
First Deutsche Bank, then Citi, and now Bank of America.Following Wednesday's disastrous FOMC statement and Janet Yellen press conference, we predicted that it is only a matter of time before we get a...
View ArticleEuropean Bank Stocks On The Ledge
Via Dana Lyons' Tumblr,Already plumbing multi-year lows, European banks are threatening to fall off another chart “cliff”.We have written several posts regarding the significant challenges that face...
View Article"Renormalization" Is Dead: The Market Is Pricing Just One Rate Hike Over Next...
Several days ago, Jeff Gundlach said that the "rate hike cycle has left the building". He was right: as of this moment, the Fed's plans to "renormalize" are practically finished, with the market now...
View ArticleHow To Trade Brexit
As JPMorgan said yesterday, "opinion polls ahead of next week’s referendum have made a powerful move toward Brexit (Figure 1)" adding that its attempts to clean up the polls for methodological issues...
View ArticleIs Another Financial Crisis Coming: This Chart May Have The Answer
For all the talk of market turbulence and volatility ahead of the Brexit vote, the reality is that after the selloff scare in late January and February, the S&P500 has barely registered any of the...
View Article"We Have Reached The Point That Keynes Warned Of In His General Theory"
Now that new warnings about failing central bank policy are emerging every single day, from Deutsche Bank, Citigroup and Bank of America, among others, here courtesy of Bloomberg's Christopher Maloney...
View ArticleForget Brexit, It's The Banks Stupid!
Submitted by Alasdair Macleod via GoldMoney.com,Brexit is not the most important problem facing markets, it is mounting problems in the European banks.But before looking at that systemic issue, I will...
View ArticleWerner Issues "Disturbing" Warning About State Of Trucking And Logistics...
Following ongoing warnings of the dismal reality surrounding heavy, Class 8 trucking, reality finally hit overnight when trucking and logistics company Werner Enterprises warned that a sluggish freight...
View ArticleEerie Calm Across Markets One Day Before The Main Event: Asia, Europe, US...
There is an eerie quiet across markets, one day before the year's main risk event: with the UK referendum vote starting in less than 24 hours and results due out shortly after, it is as if even the...
View ArticleFrontrunning: June 22
Nervy global investors revisit 1930s playbook (Reuters)Stocks Trade Near Week High Before Brexit Vote; Commodities Gain (BBG)Yellen May Face Tougher Crowd in House Appearance (WSJ)In SolarCity Bid,...
View ArticleGold Slips Despite UK Gold Demand Surging – Investors “Seek Stability”
Gold fell again today despite very robust physical demand in western markets and especially the UK. Gold fell to a ten-day low despite a surge in gold demand in the UK.Expectations that Britain could...
View ArticleFake Jobs Plague The U.S. Economy
Submitted by James Dale Davidson via TheSovereignInvestor.com,“When it becomes serious, you have to lie.” — Jean-Claude Junker, President of the European Commission.Normally, I would not bring a...
View ArticleThe British Referendum And The Long Arm Of The Lawless
Submitted by Danielle DiMartino Booth via DiMartinoBooth.com,“Kings have long arms, many ears, and many eyes.” So read an English proverb dated back to the year of our Lord 1539. And thus was born an...
View ArticleIn Surprising Development NIRP Starts To Work, Pushing Rich Swiss Savers Out...
One of the rising laments against NIRP is that far from forcing savers to shift from cash and buy risky (or less risky) assets, it has done the opposite. Intuitively this makes sense: savers expecting...
View ArticleStress Test 2016: Fed Says All 33 Banks Can Surive 70 VIX Without Needing...
While hardly coming as a surprise to anyone, moments ago the Fed announced that all 33 banks have enough capital to withstand a severe economic shock, though Morgan Stanley trailed the rest of Wall...
View Article"It’s Scary, And I’ve Never Seen Anything Like It" - Where Markets Are The...
For those of you who are just waking up, first of all, congratulations. Here is what you missed. European, Asian stocks and S&P futures plummet, as U.K. votes to leave European Union membership. FX...
View ArticleHistoric Volume Surge Forces Deutsche, Morgan Stanley To Shut Down Dark Pools
Following weeks of declining volume due to fears of an "unfavorable" Brexit outcome, it was only logical that the same "unfavorable" Brexit outcome would result in a historic surge in pent up volume....
View Article"Worse Than Lehman" - European Bank Bloodbath Sparks Dollar Funding Crisis
For European banks, today is worse than Lehman with a 13%-plus collapse in the broad index. The major banks - like Credit Suisse and Deutsche Bank - have crashed over 15% to record lows as "Lehman...
View ArticleGold Surges 15% To £968 Per Ounce – BREXIT Creates EU Contagion Risk
Gold Surges 15% To £968 Per Ounce – BREXIT Creates EU Contagion Risk– Sterling and euro have fallen sharply on fx markets– Gold bullion surged 20% in sterling to £1,015/oz– Gold now 15% in higher in...
View Article