Brazil
On The Trail Of Dubai's Stolen Gold: A Robbed Client Breaks The Silence, And A Fascinating Detail Emerges
Submitted by Tyler Durden on 01/02/2016 16:23 -0500The deeper we dig into the story of Dubai's vaporized gold, the more skeletons just tumble out of the closet on what may be the world's biggest gold smuggling ring ever, one involving not just Turkey and Iran, but the mother of all gold smuggling: China itself...
Carmen Reinhart Warns "Serious Sovereign Debt Defaults" Are Looming
Submitted by Tyler Durden on 01/01/2016 20:20 -0500As 2016 begins, there are clear signs of serious debt/default squalls on the horizon. We can already see the first white-capped waves.
What's Ahead In 2016 - Key Events Of The Next 12 Months
Submitted by Tyler Durden on 12/31/2015 19:30 -0500Elections, elections, and more elections is the 'regime change' meme for 2016 but, as Bloomberg details, the key events of the year ahead vary from a California marijuana referendum to Brazil's Olympics, and from Davos to SCOTUS. No matter what, 2016 holds a lot of opportunity for volatility, and without The Fed's safety net, who knows what that means for markets...
Red Or Green For The Year: Decision Time For US Markets On Last Trading Day Of 2015
Submitted by Tyler Durden on 12/31/2015 07:05 -0500It has come down to this: a year in which the US stock market (led by a handful of shares even as the vast majority of stocks has dropped) has gone nowhere, but took the longest and most volatile path to get there, is about to close either red or green for 2015 based on what happens in today's low-volume session following yesterday's unexpected last half hour of trading "air pocket" which brought the S&P back to unchanged for the year.
Brazilian Real Crashes Most In 4 Years As Hope Fades
Submitted by Tyler Durden on 12/30/2015 11:13 -0500Following recent strength on the heels of hope for a new finance minister, news that Ruosseff has sent the minimum-wage-hike Bill to Congress appears to have crushed the hype of any fiscal rectitude and sent Real tumbling. Down over 4% - the most since September 2011 - BRL is back above 4.00 per USD, giving up all the recent gains.
One Of The Two Most Crowded "Consensus Trades" Of 2015 Just Ended With A Whimper
Submitted by Tyler Durden on 12/28/2015 16:32 -0500One year ago, the two most crowded trades going into 2015 were being long the USD and short US Treasurys. While the former trade had questionable success, the latter most certainly did not work and while hedge-fund managers and other large speculators spent December 2014 setting the biggest bets against Treasuries in four years, fast-forwarding 12 months later we find that the smartest money in the room has fully abandoned those massive short Treasury bets.
Warmongering Pays - US Foreign Arms Sales Soar 35%
Submitted by Tyler Durden on 12/27/2015 16:55 -0500If ever there was a clearer indication of America's "need for war" it was the latest Durable Goods orders data, which confirmed, absent defense spending, the US economy is in a tail-spin. However, as NYTimes reports, foreign arms sales by the United States jumped by almost $10 billion in 2014, about 35 percent, even as the global weapons market remained flat and competition among suppliers increased, thanks to multibillion-dollar agreements with Qatar, Saudi Arabia and South Korea.
The After-Christmas Hangover: Why There Is No Peace On Earth
Submitted by Tyler Durden on 12/26/2015 13:10 -0500- Afghanistan
- Brazil
- Bulgaria
- China
- Eastern Europe
- ETC
- Exxon
- First Amendment
- France
- Henry Kissinger
- Iran
- Iraq
- Israel
- Kuwait
- Middle East
- Mohammad
- National Debt
- national intelligence
- national security
- Nationalism
- Neocons
- Newspaper
- None
- Nuclear Power
- OPEC
- Reza Shah
- Robert Gates
- Romania
- Salient
- Saudi Arabia
- Slovakia
- Totalitarianism
- Turkey
- Ukraine
- Uranium
- White House
101 years after the Christmas truces along the Western Front there is still no peace on earth. And the long suffering American taxpayers, who foot the massive bills generated by the War Party’s demented and destructive policies, have no clue that Imperial Washington is the principal reason.
58 Facts About The U.S. Economy From 2015 That Are Almost Too Crazy To Believe
Submitted by Tyler Durden on 12/24/2015 17:30 -0500The world didn’t completely fall apart in 2015, but it is undeniable that an immense amount of damage was done to the U.S. economy. So don’t be fooled by all the happy talk coming from Barack Obama and the mainstream media. When you look at the cold, hard numbers, they tell a completely different story. The following are 58 facts about the U.S. economy from 2015 that are almost too crazy to believe...
Brazilians Cancel Vacation Plans As 50 Million Metric Tons Of "Noxious Mud" Turns Ocean Brown
Submitted by Tyler Durden on 12/23/2015 17:00 -0500“I was really worried. Everyone who thought of going for the end of the year will have to cancel. Nobody is going to pay 2,000 reais for a holiday package to go to a place where people say the mud is."
Frontrunning: December 23
Submitted by Tyler Durden on 12/23/2015 07:25 -0500- Oil up after U.S. crude stocks drop, still close to 11-year lows (Reuters)
- Global Stocks Rally; Mining, Metals Shares Lead Gains (WSJ)
- OPEC Sees Demand for Its Crude Oil Falling for Rest of Decade (BBG)
- The Trouble With Sovereign-Wealth Funds (WSJ)
- U.S. Calls for 256% Tariff on Imports of Steel From China (BBG)
- Iraqi troops expected to drive ISIS from Ramadi in days (Reuters)
How Would World Markets Respond To 4% Chinese GDP Growth? UBS Explains "The Dragon's Tail"
Submitted by Tyler Durden on 12/22/2015 22:10 -0500"The most important channel through which the Dragon's Tail scenario can affect other markets is trade, although financial linkages and market contagion could also have a significant impact on some markets and asset prices."
"Canadians Should Be Concerned" As Energy Sector Job Losses Spike To 100,000 This Year
Submitted by Tyler Durden on 12/22/2015 18:50 -0500It's grim up north... and getting grimmer. Amid soaring suicide rates, Canada's once-booming oil patch is rapidly accelerating its downward trajectory. "Canadians should be concerned in times like these," warned Tim McMillan, president and chief executive of the Canadian Association of Petroleum Producers, noting that the oil and gas sector will see 100,000 job losses by the end of this year. Apart from the protracted price declines, Alberta’s oil and gas sector has also had to contend with a 20 per cent hike in corporate taxes, increased provincial royalties, a carbon tax and new regulatory policies to limit rein in carbon emissions... and now a new competitot from US exports.
The Fed's Grinchmas Message To Markets: This Is As Good As It Gets, Mizuho Warns
Submitted by Tyler Durden on 12/22/2015 15:10 -0500The first Fed rate hike in seven years was supposed to trigger a powerful equity rally as the bulls expected money to pour out of bonds into stocks; especially into the cyclicals. Unfortunately for the equity bulls,, as Mizuho's Steve Ricchiuto notes, this time things are different and instead of the Fed rate hike triggering the traditional Santa Claus rally; it looks like the FOMC is actually the Grinch. The key message delivered by the Fed though the SEP, the DOTS and the Chair’s post meeting press conference is that this is the best the economy is going to get.
Frontrunning: December 22
Submitted by Tyler Durden on 12/22/2015 07:38 -0500- Battered oil wins respite, lifts stocks (Reuters)
- Oil Halts Decline as Emerging Market Stocks Climb on China (BBG)
- Bonds Set to Beat Stocks Globally in 2015 After China Falters (BBG)
- SpaceX Falcon rocket nails safe landing in pivotal space feat (Reuters)
- China Leaders Flag More Stimulus After Top Economic Meeting (BBG)
- SEC to Retrench Case Against SAC’s Steven A. Cohen (WSJ)


