India
Who's Really Isolated? Iran Set To Join BRICS Bank, Strengthen Ties With Brazil
Submitted by Tyler Durden on 10/27/2015 10:20 -0500On the heels of the nuclear deal and Tehran's ground operation in Syria, Iran is stepping up efforts to prove that contrary to Western rhetoric, it is not in fact "isolated." According to the country's economy minister, Iran is now set to join the BRICS bank and step up its cooperation with Brazil. This is symptomatic of Washington's waning ability to exert American influence on global affairs both political and economic.
Oct 27th - ECB to ease in December but deposit rate cut unlikely
Submitted by Pivotfarm on 10/26/2015 16:38 -0500News That Matters
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Indians Urged To Give Up Their "Idle Gold" For The Good Of The Nation
Submitted by Tyler Durden on 10/26/2015 13:21 -0500While we still await the Indian government to unveil the "threats and fines" part, it started the "urging" when during an address on his monthly radio programme of "Mann Ki Baat", Indian prime minister Modi "exhorted people to help convert gold to the nation's economic strength by joining in various schemes to be launched soon" adding that "gold can be converted from dead money to an economic force. To leave gold lying as dead money is behaviour not in sync with the modern times," he said.
Frontrunning: October 26
Submitted by Tyler Durden on 10/26/2015 06:56 -0500- European shares slip as easing expectations fade (Reuters)
- Valeant and Pharmacy More Intertwined Than Thought (WSJ)
- The Pawn Isolated: Valeant, Philidor and the Annals of Fraud (WSJ)
- Strongest Afghan Quake Since 1949 Triggers Search for Survivors (BBG)
- EU Agrees To Tighten Border Controls And Slow Migrant Arrival (AP)
- Volkswagen Suspends More Employees (WSJ)
- Volkswagen Loses Global Sales Lead to Toyota Amid Diesel Scandal (BBG)
Massive Earthquake Hits Afghanistan, Pakistan, India, Leaving At Least 12 Dead
Submitted by Tyler Durden on 10/26/2015 05:45 -0500Is Russia The King Of Arctic Oil By Default?
Submitted by Tyler Durden on 10/23/2015 14:20 -0500To be king implies preeminence, or lasting rule. In the Arctic, such oil and gas supremacy is still little more than a dream. That dream remains alive in Russia however, and the nation – through an unmatched stubbornness and a decidedly timid field of competitors – is making a strong bid for the throne.
"All Kinds Of Mayhem Will Let Loose" As Strongest El Nino In Decades Looms
Submitted by Tyler Durden on 10/22/2015 14:20 -0500September was officially the warmest ever recorded around the globe (the 7th time this year a month has set a record) as El nino is back in a big way. As Bloomberg reports, its effects are just beginning in much of the world -- for the most part, it hasn’t really reached North America -- and yet it’s already shaping up potentially as one of the three strongest El Nino patterns since record-keeping began in 1950. Expect "major disruptions, widespread droughts and floods," warned a senior scientist at the National Center for Atmospheric Research, adding that without preparation, "all kinds of mayhem will let loose." The last time there was an El Nino of similar magnitude to the current one, the record-setting event of 1997-1998, floods, fires, droughts and other calamities killed at least 30,000 people and caused $100 billion in damage.
Voices From The Real World - The 8 Biggest Questions On Investors' Minds
Submitted by Tyler Durden on 10/21/2015 09:54 -0500"Real investors" are simultaneously nervous and hopeful, confident yet resigned. Yes, their basic belief in equities as an investment class is sound and supported by the last five years of good performance. At the same time, they understand the nuances of the bear case extremely well and are prepared for a long slog of lower returns.
Four Ticking Global Time-Bombs Few Even Hear
Submitted by Tyler Durden on 10/19/2015 09:25 -0500The geopolitical and financial risks facing the global economy are well-known. Hot wars and currency meltdowns garner headlines around the world. But few even hear, much less discuss, four ticking global time-bombs
And Then There Was None (Backwardation) 18 Oct, 2015
Submitted by Monetary Metals on 10/19/2015 02:21 -0500The dollar dropped about half a milligram gold, and 50mg silver.
But who wants to read about the universal currency falling, failing? Few people are so barbarous as to think of the dollar’s value as being priced in terms a monetary metal.
"Its Not The Economy Stupid, It's The Dollar"
Submitted by Tyler Durden on 10/16/2015 20:50 -0500"It's not the economy... it's the dollar" - That would appear to be the message from the companies of the S&P 500 who have reported in Q3. As FactSet reports, 18 of the 23 companies reporting so far have cited "the strong dollar" as having a negative impact on earnings. Not record domestic inventories (liquidation beginning), the plunge in world trade, not the economic collapse in take your pick of Brazil (depression), China (credit endgame), India (exports/imports crash), and so on...
The Latest Evidence That Global Trade Has Collapsed: India's Exports/Imports Plunge By 25%
Submitted by Tyler Durden on 10/15/2015 19:35 -0500If you needed further evidence that global growth and trade are in a veritable tailspin, look no further than the latest trade data from India, which shows that both exports and imports fell by 25% in September. That's ok though, we're sure it's nothing another rate cut can't fix...
Iran Could Trigger A Resource War On Several Fronts Other Than Oil
Submitted by Tyler Durden on 10/15/2015 12:15 -0500As has already been discussed at length, once the economic sanctions imposed by the U.S. and the European Union on Iran begin to be lifted next year, there is going to be a surge in the already oversupplied global crude oil markets. Although the surge in crude oil markets could further worsen the global supply/demand gap, Iran could present a new source of competition on other crucial fronts too, especially in the gas markets.
The Death Of Hopium
Submitted by Tyler Durden on 10/14/2015 16:31 -0500The "engine of our economy", the "cradle of innovation", the "land of tomorrow" -- whatever breathless hyperbole the fawning media is using this week -- is a sham. Silicon Valley has become a factory of hype, funneling gobs of early-stage capital into whatever half-credible concepts it can think of, and then pimping the artificially-inflated initial results of those tarted-up ventures to whichever "greater fool" is willing to acquire it or buy its IPO. Let that idiot figure out if it will ever turn a profit...
Could Stocks Lose 90% in the Next Two Years?
Submitted by Phoenix Capital Research on 10/14/2015 14:44 -0500Bernanke and now Yellen have created an environment just like the Roaring Twenties. What came next wasn't pretty






