Market Crash
It A "Liquidity Mirage": New York Fed Finally Grasps How Broken The Market Is Due To HFTs
Submitted by Tyler Durden on 10/09/2015 14:03 -0500Goodbye to "fat fingers" being blamed for flash crashes, and welcome to the Heisenberg uncertainty market: you can have your 1 cent bid/ask spreads... but you can't have any real market depth at the same time.
Global Dollar Shortage Intensifies To Worst Level Since 2012
Submitted by Tyler Durden on 10/03/2015 17:31 -0500"The dollar fx basis declined further over the past two months. The 5-year dollar fx basis weighted across six DM currencies declined to a new low for the year and the lowest level since the summer of 2012 during the euro debt crisis. In all, continued monetary policy divergence between the US and the rest of the world as well as retrenchment of EM corporates from dollar funding markets are sustaining an imbalance in funding markets making it likely that the current episode of dollar funding shortage will persist."
"How Will The Public Receive News Of More QE, NIRP, Cash Bans And Capital Controls?"
Submitted by Tyler Durden on 10/03/2015 15:15 -0500"We believe the US will be in recession before the end of 2016 and then things will be really interesting. How will the public receive news of more QE, NIRP, forward guidance, cash bans and capital control in a time when faith in central bank omnipotence disappears?"
For The "Nothing Is Happening... Everything Is Awesome" Crowd
Submitted by Tyler Durden on 09/30/2015 07:41 -0500It takes ignorance on an almost unbelievable level to try to claim that “nothing is happening” in the financial world right now.
Frontrunning: September 30
Submitted by Tyler Durden on 09/30/2015 06:25 -0500- Asia shares rally, but on track for worst quarterly loss in four years (Reuters)
- Global Rally Shows Relief at End of $11 Trillion Stocks Meltdown (BBG)
- Glencore Extends Rebound as Turmoil Shows Signs of Easing (BBG)
- Putin wins parliamentary backing for air strikes in Syria (Reuters)
- China Cuts Minimum Home Down Payment for First-Time Buyers (BBG)
- German Unemployment Unexpectedly Rises in Sign of Economic Risks (BBG)
- Japan Industrial Output Slide Hints at Recession (WSJ)
Why The Fed Can't Stop The Next Market Crash
Submitted by Tyler Durden on 09/29/2015 15:45 -0500The Stock Markets Of The 10 Largest Global Economies Are All Crashing
Submitted by Tyler Durden on 09/25/2015 10:29 -0500When will the “nothing is happening” crowd finally wake up?
One By One the Central Banks Are Losing Control
Submitted by Phoenix Capital Research on 09/24/2015 15:00 -0500Contrary to popular opinion, there are problems that are too big for the Central Banks to control.
Bears Beware, JPM's Head Quant Just Flipped To Bullish: "The Technical Buying Begins"
Submitted by Tyler Durden on 09/24/2015 13:48 -0500After punishing the bulls like clockwork, many were wondering when will JPM head quant Kolanovic flip bullish and dole out some overdue pain for the bears. The answer: moments ago, when in a note providing an "Update on Technical Buying/Selling" he concludes that the technical selling is now officially over and the same technical sellers, among which the much maligned risk parity funds that pushed stocks in late August and early September, are now "expected to buy Equities."
"Keep Reporting On Bright Economic Future" - China Ministry Of Truth Demands Media "Properly Interpret" Data
Submitted by Tyler Durden on 09/22/2015 21:32 -0500The following censorship instructions, issued to the media by government authorities, have been leaked and distributed online. As China Digital Times reports, propaganda directives issued by the Xinhua News Agency and the Central Propaganda Department show that Chinese media are being instructed to "properly interpret economic data," and "promote discourse on China’s bright economic future."
The Established Order Will Be Challenged
Submitted by Tyler Durden on 09/21/2015 21:45 -0500What can we expect to happen in our homeland when finally even the generally uninformed population also understands that governments they have elected for decades, and its Fed facilitator or controller, jointly have waged a century-long war on its citizens? The people of America cannot make a counter offensive similar to those of sovereign nations; however people are uniting in resistance to robber baron policies, as evidenced by the popularity of nonpoliticians currently in candidacy for the office of president. These troops will mass also, it just remains to be seen what form their eventual counter offensive will be. The established order will be challenged.
Financial Anarchy
Submitted by Tyler Durden on 09/21/2015 07:49 -0500Having no cost to money is the economic equivalent of no intelligent laws in society. The equivalent of using our money but having a baseline of zero for the benefit produced with that money. The results are what you would expect, the wild west, One might say, Financial Anarchy.
Hawks, Doves & Chickens
Submitted by Tyler Durden on 09/18/2015 10:32 -0500The Fed remains in a box of its own making. We are beginning to doubt whether central bank will ever be hike rates again voluntarily. What is however eventually highly likely to happen is that the markets will force the Fed to act – or as Bill Fleckenstein puts it, “the bond market may take the printing press away from them”.
Japanese Stocks/USDJPY Plunge As China Cracks Down On Aggressive-Buying By "Sinister Stock Squads"
Submitted by Tyler Durden on 09/17/2015 20:23 -0500Despite the approval of various Asian nation officials (e.g. Japan's Amari: "Fed decision appropriate"), it appears non-hawkishness is not enough to keep the dream alive. Japan's Nikkei 225 is down over 600 points from its post-FOMC spike highs, and USDJPY has tumbled over 1 handle - back below 120.00. Chinese stocks are extending losses after last night's late tumble, as ironically, China's securities regulator has uncovered a number of market manipulators who boosted prices of some stocks to sky-high levels during the peak of the bull market, attracting numerous followers who have suffered heavy losses in the recent market crash. The PBOC strengthened the Yuan fix for the 2nd day in a row (by the most in 2 weeks).
The Real Reasons Why The Fed Will Hike Interest Rates
Submitted by Tyler Durden on 09/16/2015 21:30 -0500With a complex and disaster-prone system of interdependence causing social strife and chaos, why not just simplify everything with a global currency and perhaps even global governance? The elites will squeeze the collapse for all it’s worth if they can, and a Fed rate hike may be exactly what they need to begin the final descent.



