Archive - Nov 2015

Because nothing says 'stability' like a 10% surge in the 'price' of stocks in 3 days. Having trodden water between in a narrow range for a month, the last 3 days (ahead of US payrolls and China's weekend) are the biggest rally since China first banned short-selling in July, and 2nd biggest since December 2014 when the epic bubble really took off in Chinese stocks. Now, with China 'fixed', all The Fed needs is a "not terrible" payrolls print tomorrow and December is a done deal...

While most of us would realize that something sinister is afoot right now in the global banking system if we merely diverted our attention away from the Sunday football game or the Game of Thrones episode on our TV for just 10 minutes to think about these issues, unfortunately, the vast majority of us still do not ever stop to do so.

Now it’s getting serious.

"People who have spoken truth to power get retired," raged McCain, "all you have to do is look at a map of the Middle East in 2009 and then compare it to a map of today," to see an utterly failed strategy..." adding - as perhaps a veiled threat - "there’s a level of dissatisfaction among the uniformed military that I’ve never seen in my time here."

No, not Donald Trump...

The “war on terror” was a hoax. Americans were deceived by policymakers, who are pursuing a hegemonic agenda. The American people were too trusting and too gullible and, consequently, Americans were easily betrayed by Washington and by the presstitute media. The populations of the eight countries and Washington’s vassals are stuck with the consequences of Washington’s evil, vicious, and illegal actions. And Americans are stuck with the police/spy state and militarized police who murder three Americans each day and brutalize countless others.

While "innocent until proven guilty" is all well and good, when it comes to electing officials, one would hope the voting public is at minimum curious when the official is facing murder and drug charges. Meet Robert "Coop" Battle, East Chicago, Indiana's newly-elected 3rd District Councilman, who spent election day in the Lake County jail...

Russia is looking to expand its influence through oil trade. And a little-reported deal this week may give it access to an entirely new part of the planet when it comes to crude exports.

“Inequality seems to be widening. A sales-tax hike and price increases last year hit households hard. Abe hasn’t succeeded to bring benefits to most ordinary people.”

Until recently, the consensus assumed a strengthening of the global economy in 2016. It won’t happen. If the global economic growth manages to reach 3.1% next year, as forecast by the IMF, it will be a miracle. We are close to the end of the current economic cycle. The outbreak of a new global crisis in the coming years is inevitable.  The Fed and other central banks are in a dead-end having fallen in the same trap as the Bank of Japan. If they increase rates too much, they will precipitate another financial crisis. It is impossible to stop the accommodative monetary policy.

Isn’t it interesting the mainstream media makes barely a peep about the ongoing and worsening Obamacare debacle. Healthcare premiums, co-pays and deductibles are soaring, while doctor and plan choices contract to a minuscule level.

"An upcoming election has highlighted the deep disagreement between native Hawaiians over what the future should look like. For some, it's formal recognition of their community and a changed relationship within the US. Others want to leave the US entirely - or more accurately, want the US to leave Hawai'i."

Don't forget Forex is countertrend market (generally) - here's a strategy to play the Forex 'fix' 

If the PKK steps up its attacks on the Erdogan regime, how will Ankara reconcile that with Washington's move to place ground troops with the group's Syrian sister organization and what will that mean for two air forces that are flying from the same base at Incirlik?