Mid-East Massacre: Equity Markets Plunge From Bahrain To Kuwait
Submitted by Tyler Durden on 01/10/2016 - 14:00
With all eyes focused on tonight's China open (and the "oops, China matters after all" meme), the Middle-East has fallen off the front (or back) pages of mainstream media. However, the last few days have been a bloodbath (analogistically as opposed to literally) across the Middle-East with Saudi stocks plunging 2.5% overnight (down almost 13% in the last 5 days) and every market from Bahrain to UAE all tumbling below August lows.
Capitulation In Rig Count Collapse?
Submitted by Tyler Durden on 01/10/2016 - 13:42
After last week’s moderate drop in rig count, the amount of horizontal oil rigs seems to implode this week.
"Trump Could Win It All": 20% Of Democrats Say They'd Vote For Trump Over Hillary
Submitted by Tyler Durden on 01/10/2016 - 13:21
"The challenge to Hillary, if Trump is the nominee and pivots to the center in the general election as a problem-solving, independent-minded, successful 'get it done' businessman is that Democrats will no longer be able to count on his personality and outrageous sound bites to disqualify him in the voters' minds."
"One For The Nasdaq Haters" From Citi
Submitted by Tyler Durden on 01/10/2016 - 13:04
"One for the NASDAQ haters: Silver double bubble chart along with NASDAQ chart. Similar feel." - Citi's Brent Donnelly
Bull Market "Genius" Increasingly Exposed As Gross Incompetence
Submitted by Tyler Durden on 01/10/2016 - 12:37
It was an ominous beginning to what is poised to be a most tumultuous year. Market participants are quickly coming to appreciate that China does in fact matter. Few understand why. Most – from billionaires to fund managers to retail investors – will “Do Nothing.” This has worked just fine in the past – repeatedly. Not understanding and not doing anything will be detriments going forward.
China's Plunge Protection Team Bought ¥1.8 Trillion In Stocks In 2015
Submitted by Tyler Durden on 01/10/2016 - 12:06
how many billions (or trillions) did China's so-called "national team" spend to prop up stocks in recent months? According to Goldman not less than CNY1.8 trillion in the June-November period.
"They Want To Occupy Poland Again" - Merkel, European Union Compared To Nazis In Latest Diplomatic Spat
Submitted by Tyler Durden on 01/10/2016 - 10:05
"I am not in the habit of replying to silly comments on Poland made by foreign politicians. Such words, said by a German politician, cause the worst of connotations among Poles. Also in me. I'm a grandson of a Polish officer, who during World War II fought in the underground National Army with 'German supervision.' I came to a sad conclusion that it is easier for you to talk about fictitious threats to media freedom in other countries than to condemn censorship in your homeland." - Polish justice minister Zibgniew Ziobro
US Responds To North Korean Nuke Test, Flies B-52 Over South Korea
Submitted by Tyler Durden on 01/10/2016 - 09:13
On Sunday, Washington responded to Kim Jong-Un's nuclear sabre rattling by flying a B-52 over South Korea in a show of force that's sure to infuriate Pyongyang. Next up: Ash Carter may be set to send in an aircraft carrier.
Thousands Flood The Streets In Germany As Fury Over Refugee Sex Assaults Reaches Boiling Point
Submitted by Tyler Durden on 01/09/2016 - 23:48
Explaining American Men's 'Electile' Dysfunction In 1 Serious Chart
Submitted by Tyler Durden on 01/09/2016 - 23:15
Did we just cross "the tipping point" for faith in the American dream?
China Goes Full Keynesian-tard: Demolishes Never-Used Just-Built Skyscraper
Submitted by Tyler Durden on 01/09/2016 - 22:45
"Growth" meet "mal-investment boom-bust" In a perfect example of the smoke-and-mirror-ness of China's credit-fueled expansion, a 27-storey high-rise building which was completed on November 15th 2015 was just demolished, "having been left unused for too long."
Saturday Humor: Kim Jong-Un Watches North Korean Submarine Launch Missile
Submitted by Tyler Durden on 01/09/2016 - 22:30
In what may well be the most epic 28-seconds of footage ever recorded, a fedora-donning Kim Jong-Un watches from a ship as a North Korean sub launches a missile.
How The Feds Got All That Western Land (and Why It's A Problem)
Submitted by Tyler Durden on 01/09/2016 - 22:00
Government owned and subsidized lands in the American West have been a source of conflict among competing interest groups since the 19th century. Since the very beginning of white settlement, lands have been used by the federal government as part of a political scheme to subsidize and reward certain groups while punishing others. The current standoff between ranchers and federal officials in Oregon is simply the latest chapter in a long contentious and sometimes bloody history of groups competing for control over government-owned lands in the West, and by ensuring that lands continue to be allocated by political means rather than through the market, government ownership of lands simply perpetuates conflict in the region.
Visualizing The Most Valuable Substances By Weight
Submitted by Tyler Durden on 01/09/2016 - 21:15
While gold is undoubtedly one of the most traded substances on earth, it also happens to be one of the most valuable substances by weight. Although prices fluctuate, one gram of gold will cost you on average around $35. This got us thinking about how much other primarily naturally occurring substances out there cost.
The Looming Recession & The Muted Delight Of Janet Yellen's Epic Failure
Submitted by Tyler Durden on 01/09/2016 - 20:30
Perhaps weak manufacturing, construction, and trade data are mere outliers. Maybe the Fed can see beyond the fog to clearly capture the big picture. Or maybe the Fed has lost its marbles. Their outlook doesn’t jive with that of the regular working stiff.
