The Ascendance of Sociopaths in U.S. Governance
Submitted by Tyler Durden on 01/15/2016 - 22:00
The U.S. government, in particular, has been overrun by the wrong kind of person. It’s a trend that’s been in motion for many years but has now reached a point of no return. In other words, a type of moral rot has become so prevalent that it’s institutional in nature. There is not going to be, therefore, any serious change in the direction in which the U.S. is headed until a genuine crisis topples the existing order. Until then, the trend will accelerate.
The World’s Most Famous Case Of Hyperinflation (Part 1)
Submitted by Tyler Durden on 01/15/2016 - 21:30
The Great War ended on the 11th hour of November 11th, 1918, when the signed armistice came into effect. Though this peace would signal the end of the war, it would also help lead to a series of further destruction: this time the destruction of wealth and savings. The world’s most famous hyperinflation event, which took place in Germany from 1921 and 1924, was a financial calamity that led millions of people to have their savings erased.
Oil, War, & Drastic Global Change
Submitted by Tyler Durden on 01/15/2016 - 21:00
The consequences of all this will be felt all over the world, and for a long time to come. All of our economic systems run on oil, so many jobs are related to it, so many ‘fields’ in the economy, and no, things won’t get easier when oil is at $20 or $10, it’ll be a disaster of biblical proportions, like a swarm of locusts that leaves precious little behind. Squeeze oil and you squeeze the entire economic system. That’s what all the ‘low oil prices are great for the economy’ analysts missed (many still do). Entire nations will undergo drastic changes in leadership and prosperity.
Atlanta Fed Explains Why It Waited Until The Market Close To Reveal The Lowest Q4 GDP Estimate Yet
Submitted by Tyler Durden on 01/15/2016 - 20:28
Why Donald Trump Is Praying For A Market Crash
Submitted by Tyler Durden on 01/15/2016 - 20:23
Since 1928, there have been 22 Presidential Elections. In 14 of them, the S&P 500 climbed during the three months preceding election day. The incumbent President or party won in 12 of those 14 instances. However, in 7 of the 8 elections where the S&P 500 fell over that three month period, the incumbent party lost. Statistically, the market has an 86.4% success rate in forecasting the election!
"We Live In A Time Of Piecemeal-Planning & Incremental-Interventionism"
Submitted by Tyler Durden on 01/15/2016 - 20:00
"This One Is A Bag Of Dicks": America Answers Oregon Militia's Plea For "Supplies"
Submitted by Tyler Durden on 01/15/2016 - 18:58
GM/Ford Credit Risk Surges To 2 Year Highs As Fitch Raises Auto Sector Concerns
Submitted by Tyler Durden on 01/15/2016 - 18:30
With the feds probing Deutsche Bank's exaggerating Auto ABS demand, car dealerships suing automakers for being forced to channel-stuff, direct evidence of massive channel-stuffing with near-record inventories-to-sales, and sales now beginning to tumble after last month's weak credit growth, it is perhaps no wonder that Fitch has raised the warning flag about automotive vehicle and parts makers...
German Town Bans Refugees From Pools
Submitted by Tyler Durden on 01/15/2016 - 18:00
"There have been complaints of sexual harassment and chatting-up going on in this swimming pool ... by groups of young men, and this has prompted some women to leave (the premises). This led to my decision that adult males from our asylum shelters may not enter the swimming pool until further notice."
Weekend Reading: Breaking Markets - Season II
Submitted by Tyler Durden on 01/15/2016 - 16:35
“Fed Chair Janet Yellen will be forced to either acknowledge labor market tightening as reason to continue with the four-hike schedule for 2016 or risk her credibility, belittle job market stability and sound a warning about the risks of lower oil prices and cheap gasoline (sacrilege to regular Americans) by slowing the hiking pace after a single 0.25 percent increase last month. If she gets it wrong, things could get ugly fast."
Atlanta Fed Waits Until The Close To Reveal 0.6% Q4 GDP Estimate
Submitted by Tyler Durden on 01/15/2016 - 16:15
The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2015 is 0.6 percent on January 15, down from 0.8 percent on January 8. The forecast for fourth quarter real consumer spending growth fell from 2.0 percent to 1.7 percent after this morning's retail sales report from the U.S. Census Bureau and the industrial production release from the Federal Reserve.
The US Consumer Is Drowning His Sorrows At The Bar
Submitted by Tyler Durden on 01/15/2016 - 15:40
"Today we feast, for tomorrow we die..."
Here's A Chart You Won't See On CNBC
Submitted by Tyler Durden on 01/15/2016 - 15:36
What goes up, comes down considerably faster...
