Archive - Dec 17, 2015
A Big, Fat "Policy Error" Or Worse? Find Out Tomorrow
Submitted by Tyler Durden on 12/17/2015 23:51 -0500Did algos finally figure out precisely what we said first thing this morning, namely that the market completely ignored what was a hawkish hike, and that as a result, what Yellen has done, now that the kneejerk reaction is over, is policy error, pure and simple?
Financial Warfare & The Big Reset: Koos Jansen Interviews Willem Middelkoop
Submitted by Tyler Durden on 12/17/2015 22:12 -0500Economic warfare aims to capture or otherwise control the supply of critical economic resources or destroying a country’s currency. The US understands better than anybody else that a country can sometimes be hurt more by doing this than by bombing its infrastructure. The tool of exclusion from the dollar-denominated global financial system is described as a 'neutron bomb' constituting a more potent bomb than any military weapon. But recent developments signal the first stages of the US dollar’s decay.
Markets Brace For More Fund Liquidations As Record Outflows Slam Debt Funds
Submitted by Tyler Durden on 12/17/2015 21:33 -0500As new investor liquidity evaporates and as billions are redeemed first from the junk bond universe, then investment grade and then loans, the debt crisis which was unleashed in anticipation of the Fed's rate hike, is about to get much worse, and lead to even more prominent hedge fund "gates" and liquidations.
Martin Shkreli, "America's Most Hated", "Price Gouging" Biotech Mogul Arrested For Securities Fraud, Released On $5 MM Bond
Submitted by Tyler Durden on 12/17/2015 21:20 -0500"I’ll show up with $2 million bail money no fucking problem.”
All Of The World’s Money And Markets In One Visualization
Submitted by Tyler Durden on 12/17/2015 21:13 -0500How much money exists in the world? Strangely enough, there are multiple answers to this question, and the amount of money that exists changes depending on how we define it. The more abstract definition of money we use, the higher the number is.
"Let Them Fly There Now": Putin Threatens To Shoot Down Turkish Jets In Syria, Calls Erdogan An Ass Kisser
Submitted by Tyler Durden on 12/17/2015 21:01 -0500We Disappeared Some Folks: Details Emerge In China's Sweeping Probe Of Stock Market Rescue
Submitted by Tyler Durden on 12/17/2015 20:40 -0500“Communist Party graft busters have been taking officials, one by one, to a hotel close to the [CSRC’s] headquarters to press them to come clean or report on others."
Gold & The Federal Funds Rate
Submitted by Tyler Durden on 12/17/2015 20:05 -0500It is widely assumed that the gold price must decline when the Federal Reserve is hiking interest rates. It seems logical enough: gold has no yield, so if competing investment assets such as bonds or savings deposits do offer a yield, gold will presumably be exchanged for those. There is only a slight problem with this idea. The simple assumption “Fed rate hikes equal a falling gold price” is not supported by even a shred of empirical evidence.
Dear Janet, Explain This!
Submitted by Tyler Durden on 12/17/2015 19:30 -0500Having been unable - or unwilling - to answer various reporters' questions with regard the 'odd' timing of The Fed's rate hike yesterday, we thought we would offer just one more chart to question the credibility of the central planners. Plucked from The Fed's own research, last week saw the largest surge in St.Louis Fed's Financial Stress Index (FSI) since August... and as Yellen proclaimed "all clear" the FSI was screaming "Danger" even louder than it did in September - when The Fed folded.
ISIS, Al Qaeda And The CIA: The Documented Connection
Submitted by Tyler Durden on 12/17/2015 18:55 -0500It was recently written in the Washington Post that many Shia Iraqis harbor the conspiratorial belief the US created the Islamic State to destroy Iraq. Conspiracy theory becomes conspiracy fact.
Artist's Impression Of The Fed Rate Hike Hangover
Submitted by Tyler Durden on 12/17/2015 18:21 -0500Data-dependent... and unrepentent!
America, It's Over! Yale Students Sign Petition To Repeal First Amendment
Submitted by Tyler Durden on 12/17/2015 18:00 -0500America, It's Over! Summing up the ignorance exposed in political satirist Ami Horowtiz's petition of Yale students to "blow up" The First Amendment, one student remarked, "I think this is fantastic, I absolutely agree."
Dramatic Footage Of Reporters Mugging Martin Shkreli At Brooklyn Courthouse
Submitted by Tyler Durden on 12/17/2015 17:56 -0500A dramatic scene unfolded in front of a Brooklyn courthouse, where dozens of reporters mugged the diminutive and scandalous Martin Shkreli after he posted a $5 million bond to be released back into society, something we have not seen since the days of Bernie Madoff.
Thursday Humor: Lawyer For Martin Shkreli Hike Fees 5,000%
Submitted by Tyler Durden on 12/17/2015 17:50 -0500“Compared to what he pays for an hour of Wu-Tang Clan, sixty thou is a bargain"...
Refining ISIS Oil: Images From A Syrian Cottage Industry
Submitted by Tyler Durden on 12/17/2015 17:30 -0500



