Archive - Nov 24, 2015
Global Stocks Slide, Futures Drop After Turkey Shoots Down Russian Warplane
Submitted by Tyler Durden on 11/24/2015 06:47 -0500- Belgium
- BOE
- Bond
- Carl Icahn
- Case-Shiller
- China
- Citigroup
- Consumer Confidence
- Copper
- Crude
- Crude Oil
- Equity Markets
- Federal Tax
- Finland
- fixed
- Flight to Safety
- France
- Germany
- High Yield
- Housing Market
- Iran
- Ireland
- Italy
- Japan
- Jim Reid
- Middle East
- Monetary Policy
- NASDAQ
- Nikkei
- OPEC
- Personal Consumption
- PIMCO
- Precious Metals
- RANSquawk
- Richmond Fed
- Saudi Arabia
- Trade Balance
- Turkey
It had been a relatively quiet session overnight when as reported previously, the geopolitical situation in the middle east changed dramatically in a moment, when NATO-member country Turkey downed a Russian fighter jet allegedly over Turkish territory even though the plane crashed in Syria, and whose pilots may have been captured by local rebel forces. The news promptly slammed Turkish assets and FX, sending the Lira tumbling, pushing lower European stocks and US equity futures while sending 2 Year German Bunds to record negative yields.
Fractional-Reserve Banking is Pure Fraud, Part I
Submitted by Sprott Money on 11/24/2015 05:57 -0500This is a commentary which should never have needed to be written.
Could Stocks Collapse 20%-50% in the Next Six Months?
Submitted by Phoenix Capital Research on 11/24/2015 04:23 -0500This signal has triggered four times in the last 20 years. Every time it did stocks lost between 20% and 50% in the following six months.
Another Look at the Gold Price Drop of 6 November
Submitted by Monetary Metals on 11/24/2015 01:29 -0500Our previous look at Nov 6 compared spot and futures. This time, let’s look at gold futures and GLD.
