Archive - Nov 2015
A Market Worthy Of The Line: "Do You Feel Lucky?"
Submitted by Tyler Durden on 11/01/2015 14:35 -0500The now immortal line spoken by Clint Eastwood as "Dirty Harry" (1971 Warner Bros.) has never fit as a descriptor these financial markets more so than it does today. For if you believe you’re investing as opposed to gambling? These markets are now poised to show everyone the difference.
Sunday Humor: Israel Accidentally Carves Russian Warplane Into Pumpkin For Halloween Facebook Post
Submitted by Tyler Durden on 11/01/2015 14:00 -0500Epic fail...
The Relevance Of Gold - Sprott's 3 Litmus Tests
Submitted by Tyler Durden on 11/01/2015 13:20 -0500The investment thesis for gold has never been limited to popular relationships, such as CPI-type inflation, financial meltdown or political instability. We prefer to focus on the irretrievable gap between financial assets (claims on future output) and productive output (GDP). In essence, the most compelling reason to own gold is that financial assets have lost their underpinnings to sustainable productive output.
As The Economy & Confidence Slumps, Americans Are Hording This 'Commodity'
Submitted by Tyler Durden on 11/01/2015 12:45 -0500With the trick-or-treat-fest over, Americans will be shocked to open their credit-card statements at the end of the month and find it considerably higher than normal for this time of year. As American's consumer comfort has tumbled and economic data has plunged, it appears the 'average joe' has turned to one thing to make it all better - candy. Having soared 5.7% in September alone - the biggest jump since April 2012 - as broad CPI was unchanged, Candy prices in America have never been higher as, yet again, greed is good (especially when every part of your 'dream' is falling apart).
The Global Test Most Will Fail: Surviving The Bust That Inevitably Follows A Boom
Submitted by Tyler Durden on 11/01/2015 12:05 -0500Booms powered by credit, new markets and speculation are followed by busts as night follows day. This creates a very difficult test for every nation-state facing the inevitable bust: how does the leadership deal with the end of the boom? As the world is about to learn once again, the "fix" may make the next bust even more destructive.
Turkey's Ruling Party Gets "Surprising" Boost In Election As Erdogan Poised For Victory
Submitted by Tyler Durden on 11/01/2015 11:34 -0500Either i) state-sponsored terrorism is effective at scaring the electorate, ii) the vote was fixed, or iii) both...
From Best Bank to Bail-Ins Within 12 Months (could it happen in the US?)
Submitted by Phoenix Capital Research on 11/01/2015 11:25 -0500From best bank to totally broke and freezing clients’ accounts in less than one year. Could this happen in the US?
Russian Plane "Broke Apart In The Air," Officials Say As Investigators Frantically Search For "Clues"
Submitted by Tyler Durden on 11/01/2015 10:08 -0500
China's Manufacturing Misses; Nonmanufacturing Worst Since 2008 Despite Unprecedented $1 Trillion "Debt Injection"
Submitted by Tyler Durden on 11/01/2015 08:38 -0500The most anticipated economic release over the weekend was the early glimpse into China's manufacturing and non-manufacturing sectors via the two key PMI surveys released by China's National Bureau of Statistics, to get a sense if the slowdown across China is stabilizing or, as some have suggested, rebounding. It did not: overnight the NBS reported that the manufacturing PMI remained unchanged in October at 49.8 missing consensus estimates of a modest rebound to 50.0, its third consecutive month in contraction territory.
