ratings

Frontrunning: October 19

  • China third quarter GDP grows 6.7 percent as expected as construction booms, debt rises (Reuters)
  • China Growing at 6.7% Opens Window to Deliver Debt-Curb Vow (BBG)
  • U.S. expects Islamic State to wield chemical weapons in Mosul fight (Reuters)
  • Iraq urges U.S.-led coalition to prevent Islamic State escape to Syria (Reuters)
  • Fox national poll shows Clinton leading by six points (Hill)

Saudi Arabia Launches Sale Of 5, 10 And 30 Year Bonds, Seeks To Raise Up To $15 Billion

The most anticipated bond sale of the year has officially started, with Saudi Arabia seeking to sell between $10 and $15 billion in three tranches, a 5Y, 10Y and 30Y offering. Pricing is expected to take place tomorrow, Oct. 19; with the books set to close at 5pm in NYT on Tuesday October 15.  Tentative pricing will be as follows:

Statisticians Warn Of "Systemic Mainstream Misinformation" In Poll Data

"If you recently glanced at the polls and the election markets, then you would be forgiven to believe that a landslide election is looming.  It's likely not. We - and other academic statisticians - knew that this was faux election probability, and advised thousands to remain vigilant against planned mainstream misinformation..."

Hillary: Deceit, Debt, & Delusions (Part 2)

Here’s the game being played behind the curtain, never to be revealed by Hillary, Yellen, the captured dying legacy media, or anyone beholden to the establishment for their paycheck or bribe...

Barclays Warns The Party Is Almost Over As Payouts Exceed Cash Flow By $115 Billion

Corporate buybacks plus dividends will surpass $1 trillion in 2016, for the first time ever, according to Barclays calculations. This means that payouts to shareholders will surpass total S&P500 cash flow by a whopping $115 billion. And with corporate balance sheets increasing encumbered, Barclays believes that the rate of payouts, rising at 20% in recent years, is about to grind to a halt, meaning that for stocks, the "party is almost over."

Duterte Dares "Son Of A Bitch" Obama To "Withdraw Assistance", While His Popularity Soars

In his latest insult hirled at Barack Obama, Philippine president Rodrigo Duterte declared he would not bow to foreign pressure over his anti-drug campaign: “I do not expect the human rights [groups], I do not expect Obama, I do not expect the EU to understand me. Do not understand me. And if you think it’s high time for you guys to withdraw your assistance, go ahead. We will not beg for it.”