India
Europe Cracks Down On Bitcoin, Virtual Currencies To "Curb Terrorism Funding"
Submitted by Tyler Durden on 11/20/2015 08:10 -0500European Union countries are preparing to crackdown on virtual currencies such as bitcoin, and anonymous payments made online and via pre-paid cards "in a bid to tackle terrorism financing after the Paris attacks, acording to a draft document."
The Party Is Over: Goldman Sees "Limited Equity Upside" As "Bernanke Put" Is Replaced With "Yellen Call"
Submitted by Tyler Durden on 11/20/2015 04:59 -0500"We see a risk that the ‘Bernanke put’ will gradually be replaced by the ‘Yellen call’. The ‘Bernanke put’ captured the intuition that when the risks to growth, monetary policy reacts aggressively to bad news. Now that these risks have receded, we expect the Fed will shift to an easing bias, implying that monetary policy will likely begin to react more aggressively to good news... Rallies in risk sentiment may be met by less accommodative monetary policy – the ‘Yellen call’.
The Fate Of Goldman's Global Growth Forecast Is In The Hands Of Just Three Countries
Submitted by Tyler Durden on 11/19/2015 11:37 -0500In 2016 just three countries will grow above Goldman's blended global average growth rate of 3.6%: India, China and Indonesia.
Indians Refuse To Give Their Gold To The Government: Only 30 Kilograms Take Part In "Gold Monetization Scheme"
Submitted by Tyler Durden on 11/18/2015 20:58 -0500One week after the gold scheme's official launch, we take a look at how has it has done so far. In one word, so far the "gold monetization" plan has been a disaster with a laughable 30 kilograms in gold tendered by the people from physical into "government-backed" form.
The 1% Is Rolling Over
Submitted by Tyler Durden on 11/18/2015 20:30 -0500Today’s financial world is a tough place for the average person but paradise for rich guys. As easy money raises asset prices, the owners of those assets make effortless profits. Then they buy expensive toys and trophy properties. Hence the recent boom in fine art, high-end real estate, yachts and private jets. But like all financial trends, this one has a limit, and that limit is now in sight. The 1%, it seems, is rolling over...
European Union Challenged From Right And Left, "Maybe Too Much To Endure"
Submitted by Tyler Durden on 11/18/2015 17:40 -0500"Record" El Nino Already Wreaking Havoc With California Electricity Prices
Submitted by Tyler Durden on 11/18/2015 13:50 -0500Just three weeks ago we warned of "all kinds of mayhem" about to be let loose as scientists feared this year's El Nino may be among the biggest ever, and as Bloomberg reports, the impact is already being felt in California... but not in much needed rain or snow. California has yet to see the full force of El Nino, and it’s already tripping up the state’s power-demand forecasters. The state saw "significant" electricity price spikes in the third quarter as El Nino made it difficult to predict how much power would be needed with a "relatively high percentage of intervals" when prices spiked above $1,000 a megawatt-hour in the 5-minute market... 25 times normal costs!
Global Stocks Tread Water After Two Consecutive Terrorist Scares; Oil Rises, Industrial Metals Tumble
Submitted by Tyler Durden on 11/18/2015 07:03 -0500- Bank of Japan
- Bloomberg News
- Bond
- Carlyle
- China
- Copper
- CPI
- Creditors
- Crude
- Crude Oil
- Equity Markets
- European Central Bank
- Federal Reserve
- France
- Germany
- Glencore
- Greece
- headlines
- High Yield
- Housing Market
- Housing Starts
- India
- Japan
- Jim Reid
- LBO
- Monetary Policy
- Monsanto
- NAHB
- NASDAQ
- New Zealand
- Nikkei
- Price Action
- Recession
- Yield Curve
If this weekend's gruesome terrorist attack on Paris ended up being hugely bullish for stocks, then two subsequent events, a stadium-evacuation scare in Hannover (where Angela Merkel was supposed to be present) and a raid in north Paris which left several dead in the ongoing manhunt against the alleged ISIS mastermind, appear to have but some question into if not stocks then algos whether a rising wave of terrorist hatred across Europe is truly what central bankers need to unleash more QE. That said, we expect the current weakness to last only until the traditional USDJPY carry ramp pushes stocks traditionally higher.
Worst Economic Impact Still To Come, Fed's Fischer Warns As Dollar Soars To 12-Year Highs
Submitted by Tyler Durden on 11/17/2015 11:28 -0500The Trade-Weighted US Dollar has risen almost 19% over the past 18 months - the fastest pace of increase on record - and is now at its highest level since 2003. As we noted previously, this is not unequivocally good for American corporate profits... and if you believe The Fed's Stan Fischer - the worst effects of this soaring exchange rate are yet to come... Most of the impact of exchange rate moves come after that first year. So we’re only just getting into the business end of the impact of the dollar’s strength on the US economy. And the Fed are about to hike?
Global Stocks Soar As Dollar Spot Index Hits Record High; Oil Declines
Submitted by Tyler Durden on 11/17/2015 06:57 -0500Who would have thought terrorism is so good for stocks.
How Do People Destroy Their Capital?
Submitted by Gold Standard Institute on 11/16/2015 01:34 -0500The flip side of falling interest rates is rising bond prices. Bonds are in a ferocious bull market. It's gobbling up capital like the Cookie Monster jamming tollhouses into his maw.
Breadth, Buybacks, & The Piercing Of The "Grandaddy Of All Bubbles"
Submitted by Tyler Durden on 11/15/2015 18:15 -0500Global policymakers have gone to incredible measures to stabilize market, financial and economic backdrops. Yet reflationary measures will continue to only further destabilize. When policy-induced “risk on” is overpowering global securities markets, fragilities remain well concealed. Fragilities, however, swiftly manifest with the reappearance of “risk off.” Rather quickly securities markets demonstrate their proclivity for illiquidity and so-called “flash crashes.” So after an unsettled week in global markets, the critical issue is whether “risk on” is giving way to “risk off” dynamics.
Martin Armstrong Rages "It's Time To Knock Off The BS About 'Surveillance For Terrorism'"
Submitted by Tyler Durden on 11/15/2015 15:45 -0500"The worldwide collection of phone calls, emails, text messages and our total loss of privacy is all about taxes – NOT terrorism. With all this power, and the demand that encryption be outlawed, none of this surveillance has stopped one terrorist act... Let’s knock off the bullshit and stop the Stasi tactic of building files on everyone. Focus on just the targets to protect society sand we just might stop something like this if we tried."
What Happens When The "Ultimatum Game" Stakes Are Really High
Submitted by Tyler Durden on 11/13/2015 13:43 -0500The Ultimatum Game is a unique window into how humans actually make economic decisions and it is a distinctly opaque aperture. The best we can probably do is to accept that context plays a far larger role in economics than classical models would suggest. And don’t stare at someone or make angry faces if you want them to work with you.
Largest Ever Chinese Gold Reserve Found But There's Just One Problem
Submitted by Sprott Money on 11/12/2015 13:57 -0500It's 2000 meters undersea.




