• EconMatters
    11/24/2015 - 14:25
    Focus on policies promoting economic growth, lower taxes, and spending tax receipts more efficiently and not on one`s sexual orientation in the bedroom.


November 24th, 2015

Tyler Durden's picture

Global Stocks Slide, Futures Drop After Turkey Shoots Down Russian Warplane

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.


Sprott Money's picture

Fractional-Reserve Banking is Pure Fraud, Part I

This is a commentary which should never have needed to be written. 


Phoenix Capital Research's picture

Could Stocks Rise 20%-50% in the Next Six Months?

This 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.


Monetary Metals's picture

Another Look at the Gold Price Drop of 6 November

Our previous look at Nov 6 compared spot and futuresThis time, let’s look at gold futures and GLD.


November 23rd

Tyler Durden's picture

"Get Out Of Your Trucks And Run Away": US Gives ISIS 45 Minute Warning On Oil Tanker Strikes

"Warning: airstrikes are coming. Oil trucks will be destroyed. Get away from your oil trucks immediately. Get out of your trucks and run away. Do not risk your life."


Tyler Durden's picture

"This Is The Most Dangerous Time Ever" Ex-CIA Boss Says US To Blame For "Scourge Without Parallel" ISIS

"I have never felt more uncomfortable than I do today," warns former CIA Director Jack Devine, saying that, with "frankly uncivilized" ISIS, there is a greater risk of violence worldwide than ever before."When you have a small group of people who are willing to lose their lives and kill anyone they can, we’re all vulnerable."


Tyler Durden's picture

5 Signs Of America's Decaying Society

There exists a common theme amidst these signs of societal decay: The super-rich keep taking from the middle class as the middle class becomes a massive lower class. Yet the myth persists that we should all look up with admiration at the “self-made” takers who are ripping our society apart.


Tyler Durden's picture

Is David Brooks Pushing For Another Vietnam?

Brooks, who wanted to turn Syria into Iran's Vietnam, has changed to turning it into America's Second Vietnam! Brooks wants American troops in there fighting both ISIS and Assad. He's come to the conclusion that it is America that should "waste money and effort"! But wait! There's more: The grand strategy of American policy in the Middle East, therefore, should be to do what we can to revive and reform Arab nations, to help them become functioning governing units. The "grand strategy"?


Tyler Durden's picture

Saudi De-Peg Looms As FX Market Signals Loudest "Black Swan Warning" In 13 Years

As we noted recently, BofAML fears "a depeg of the Saudi riyal is the number one black-swan event for the global oil market in 2016," adding that it is "a highly unlikely but highly impactful risk." Given the recent action in Saudi Riyal forwards - the market's best guess at where the oil-ruch nation's currency will trade in the future - the chance of the black swan 'de-peg' is its highest since 2002. Besides this morning's "whatever it takes" moment, which oil markets quickly shrugged off, amid heavy subsidies to keep the people calm and the costs of wars in Yemen (and more in Syria), weak oil revenues leave The Sauds with few options (outside of the load the nation with ever more debt program): It's either stop it with the whole flooding an oversupplied market strategy, or let the peg fall before reserves runs dry.


Tyler Durden's picture

The Founding Fathers Warned Of This

These developments in terrorism are textbook Hegelian Dialectic, using problem-reaction-solution to justify a greater military presence in Syria and Iraq, despite nearly a decade and a half of fighting jihad, civil war and supporting “frenemies” across the region with arms, training and financial support. The founding fathers warned of this, but could scarcely foresee the cynical nature of today’s police state – where the terrorists created by the state have become the population’s worst nightmare.


Tyler Durden's picture

It Might Be A "Services Economy" But Manufacturing Drives Recessions

While it is hoped that the economy can continue to expand on the back of the "service" sector alone, history suggests that "manufacturing" continues to play a much more important dynamic that it is given credit for.


Tyler Durden's picture

Why "Supply & Demand" Doesn't Work For Oil

The traditional view of the impact of low oil prices seems to be, "It is just another cycle." Or, "The cure for low prices is low prices." We are doubtful that either of these views is right.

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