France
Clinton Email Hints that Oil an Gold Were Behind Regime Change In Libya
Submitted by George Washington on 01/09/2016 18:51 -0500Global Central Banks Are Facing a Crisis Larger Than 2008... And With Little to No Fire Power Left!
Submitted by Phoenix Capital Research on 01/09/2016 15:25 -0500Central Banks have employed virtually all of their ammunition including policies that would have been considered "nuclear" in 2008. And the debt bubble is $20 trillion larger than it was in 2008!
Islamic Radicalism: A Consequence Of Petro-Imperialism
Submitted by Tyler Durden on 01/08/2016 19:01 -0500The mainspring of Islamic extremism and militancy isn’t the moderate and democratic political Islam, because why would people turn to violence when they can exercise their right to choose their rulers? The mainspring of Islamic militancy is the despotic and militant political Islam of the Gulf variety. The Western powers are fully aware of this fact, then why do they choose to support the same forces that have nurtured jihadism and terroris?
US Futures Lose Overnight Gains; Dax Back Under 10,000 As Chinese Market Bailout Fizzles
Submitted by Tyler Durden on 01/08/2016 06:56 -0500- Aussie
- Bond
- China
- Circuit Breakers
- Consumer Credit
- Copper
- CPI
- Crude
- Crude Oil
- Equity Markets
- Fail
- fixed
- France
- Germany
- Initial Jobless Claims
- Iran
- Japan
- Jim Reid
- KIM
- Mexico
- NASDAQ
- Natural Gas
- Nikkei
- North Korea
- Price Action
- Primary Market
- recovery
- Saudi Arabia
- Shenzhen
- Time Warner
- Trade Deficit
- Unemployment
- Volatility
- Wholesale Inventories
- Yuan
The half-life of the latest "market supporting" intervention by the Chinese government: just about 12 hours.
Empires (Like the U.S.) Fall When Corruption Becomes Rampant
Submitted by George Washington on 01/08/2016 01:52 -0500Giant Sucking Sound ...
"Nowhere To Hide" As Baltic 'Fried' Index Careens To Fresh Record Low
Submitted by Tyler Durden on 01/07/2016 15:00 -0500Another day, another fresh all-time record low in The Baltic Dry Index as Deutsche Bank's "perfect storm" appears ever closer on the horizon. Plunging 4.7% overnight to 445 points, this is 20% lower than the previous record low in 1986 and as one strategist warns, "It’s a brutal start of the year, there’s just nowhere to hide on the market."
French Police Shoot Man With Knife, Bomb Vest On Charlie Hebdo Anniversary
Submitted by Tyler Durden on 01/07/2016 07:57 -0500On the one year anniversary of the Charlie Hebdo attacks, one man decided to "celebrate" by storming a police station in Paris - with a knife. He was promptly shot.
Global Stocks Crash After Spiraling Chinese Devaluation Unleashes Worldwide Chaos And Selling
Submitted by Tyler Durden on 01/07/2016 07:34 -0500- Apple
- Australia
- B+
- Bank of America
- Bank of America
- Bitcoin
- Bond
- Brazil
- China
- Circuit Breakers
- Consumer Confidence
- Continuing Claims
- Copper
- CPI
- Crude
- Crude Oil
- Equity Markets
- fixed
- France
- George Soros
- Germany
- headlines
- High Yield
- Hong Kong
- Initial Jobless Claims
- Italy
- Japan
- KIM
- Kyle Bass
- Kyle Bass
- Market Conditions
- Middle East
- Monetary Policy
- Natural Gas
- Netherlands
- Nikkei
- None
- North Korea
- Oklahoma
- OPEC
- RANSquawk
- San Francisco Fed
- Saudi Arabia
- Shenzhen
- Standard Chartered
- Trade Balance
- Trade Deficit
- Unemployment
- Volatility
- Wells Fargo
- World Bank
- Yen
- Yuan
Once China set the Yuan fixing some 0.5% lower, the biggest drop since the August devaluation, all hell broke loose and unleashed a global selling panic after China's stock market was promptly shut down less than 30 minutes into trading, then European shares dropped the most in more than 4 months as Asian equities plunges, as did US stock futures, the dollar weakened against the euro and the yen; crude plunged to fresh 12 year lows. Gold rose.
ISIS – The Case For Non-Intervention
Submitted by Tyler Durden on 01/06/2016 18:45 -0500We don’t have a dog in this fight. San Bernardino doesn’t change the calculation. ISIS will eventually collapse under its own homicidal and parasitical weight, probably with the help of one or more of its neighbors, whose inactivity and divisiveness we currently underwrite. Then ISIS will be replaced by something better... or worse... it is impossible to know in this region. In the interim, we and our European friends should focus our efforts on isolating ourselves from the madness. And we certainly should not go out of our way to draw further fire.
Trader Psychology Is Reversing, Scotiabank Warns Market Is "Ripe For Volatility Spikes"
Submitted by Tyler Durden on 01/06/2016 16:40 -0500Market psychology established in recent years is reversing. Market volatility is rising and will remain pervasive for a while as psychology, the change in direction of Fed policy, and the increases in general uncertainties, will all conspire to shape an environment ripe for sharp spikes in volatility which will be further amplified by rickety market liquidity.
"Pray For Us": Libya Issues "Cry For Help" As ISIS Advances On Oil Fields
Submitted by Tyler Durden on 01/06/2016 14:36 -0500
The Carnage Returns: Stocks Tumble After Sharp Chinese Devaluation; Brent At 2004 Lows; Gold Surges
Submitted by Tyler Durden on 01/06/2016 06:55 -0500- Apple
- Bank of Japan
- Bear Market
- Bond
- China
- Citigroup
- Consumer Confidence
- Copper
- CPI
- Crude
- Crude Oil
- France
- Germany
- headlines
- High Yield
- Holiday Cheer
- Hong Kong
- Italy
- Japan
- Jim Reid
- Kyle Bass
- Kyle Bass
- Markit
- Middle East
- NASDAQ
- Nasdaq 100
- Nikkei
- North Korea
- Price Action
- RANSquawk
- Reuters
- Shenzhen
- Trade Balance
- Unemployment
- Wall Street Journal
- Yen
- Yuan
Before we go into details of the overnight carnage, this is where we stand currently: S&P futures now down 33 points or 1.63% while 2Y Treasury rallies pushing its yield back below 1% as EU stocks extend their drop after China weakened its currency, North Korea says it tested a hydrogen bomb; Brent crude falls to lowest level since 2004.
Stocks Resume Rout After Massive Chinese Intervention Fails To Lift Shanghai, Calm Traders
Submitted by Tyler Durden on 01/05/2016 06:52 -0500- Auto Sales
- Barclays
- Bond
- Borrowing Costs
- China
- Cleveland Fed
- Consumer Prices
- Copper
- CPI
- Crude
- Crude Oil
- Economic Calendar
- Equity Markets
- European Central Bank
- Federal Reserve
- fixed
- France
- Germany
- Global Economy
- headlines
- High Yield
- Iran
- Italy
- Jim Reid
- Middle East
- Nikkei
- Non-manufacturing ISM
- Prudential
- RANSquawk
- Real estate
- Recession
- Reuters
- Saudi Arabia
- Shenzhen
- Unemployment
- Volatility
- Yen
- Yuan
After yesterday's historic -6.9% rout in the Shanghai Composite, which saw the first new marketwide circuit breaker trading halt applied to Chinese stocks (on its first day of operation), many were wondering if the Chinese government would intervene in both the once again imploding stock market, as well as China's plunging and rapidly devaluing currency. And, after the SHCOMP opened down -3%, the government did not disappoint and promptly intervened in both the Yuan as well as the stock market, however with very mixed results which global stocks took a sign that the "national team" is no longer focused solely on stocks, and have resumed selling for a second consecutive day.
Pretend To The Bitter End
Submitted by Tyler Durden on 01/04/2016 14:45 -0500- Afghanistan
- Bernie Sanders
- Bond
- BRICs
- China
- Corruption
- CRAP
- Detroit
- Donald Trump
- ETC
- Eurozone
- Federal Reserve
- Ford
- France
- Germany
- Global Economy
- Goldilocks
- Great Depression
- Greece
- High Yield
- Iran
- Iraq
- Israel
- Italy
- Japan
- KIM
- Middle East
- NASDAQ
- Nicolas Sarkozy
- Nomination
- North Korea
- Portugal
- Racketeering
- Reality
- recovery
- Saudi Arabia
- SWIFT
- Turkey
- Ukraine
There’s really one supreme element of this story that you must keep in view at all times: a society (i.e. an economy + a polity = a political economy) based on debt that will never be paid back is certain to crack up. Its institutions will stop functioning. Its business activities will seize up. Its leaders will be demoralized. Its denizens will act up and act out. Its wealth will evaporate. Given where we are in human history - the moment of techno-industrial over-reach - this crackup will not be easy to recover from. Things have gone too far in too many ways. The coming crackup will re-set the terms of civilized life to levels largely pre-techno-industrial. How far backward remains to be seen.
ISIS: The 'Enemy' The US Created, Armed, & Funded
Submitted by Tyler Durden on 01/02/2016 22:00 -0500To delve into Daesh’s convoluted money trail, one must first explore its equally convoluted origins. And in both areas, the role of the U.S. and its allies can not be ignored.




