Reality

Tyler Durden's picture

Texas Governor Calls Up State Guard To Counter Jade Helm "Federal Invasion" Fears





The story of Jade Helm — the name for the upcoming military exercises in Texas, California, Arizona, Utah, New Mexico, Colorado, and Nevada — has taken a decisive turn for the absurd as Texas Governor Greg Abbott has now called on the Texas Guard to (literally) monitor military drills conducted by US special forces after local residents suggested the exercises could be the precursor to a federal invasion of Texas. Only in America.

 
Tyler Durden's picture

The Real Financial Crisis That Is Looming





There is a financial crisis on the horizon. It is a crisis that all the Central Bank interventions in the world cannot cure. It is a financial crisis that will continue to change the economic landscape of America for decades to come. No, we are not talking about the next Lehman event or the next financial market meltdown. Although something akin to both will happen in the not-so-distant future. It is the lack of financial stability of the current, and next, generation that will shape the American landscape in the future.

 
Tyler Durden's picture

US Economy Grinds To A Halt, Again: Q1 GDP Tumbles Below Expectations, Rises Paltry 0.2%





And so the Atlanta Fed, whose "shocking" Q1 GDP prediction Zero Hedge first laid out nearly 2 months ago, with its Q1 GDP 0.1% forecast was spot on. Moments ago the BEA reported that Q1 GDP was far worse than almost everyone had expected, and tumbled from a 2.2% annualized growth rate at the end of 2014 to just 0.2%, in a rerun of last year when it too "snowed" in the winter. In other words, in the quarter in which the S&P rose to unseen highs, the economy ground to a near halt.

 
Tyler Durden's picture

Futures Flat On FOMC, GDP Day; Bunds Battered After Euro Loans Post First Increase In Three Years





Today we get a two-for-one algo kneejerk special, first with the Q1 GDP release due out at 8:30 am which will confirm that for the second year in a row the US economy barely grew (or maybe contracted depending on the Obamacare contribution) in the first quarter, followed by the last pre-June FOMC statement, in which we will find out whether Janet Yellen and her entourage of central planning academics will blame the recent weakness on the weather and West Coast port strikes and proceed with their plan of hiking rates in June (or September, though unclear which year), just so they can push the economy into a full blown recession and launch QE4.

 
Phoenix Capital Research's picture

If Gold Is Not Money… Why Do Clearinghouses and Former Fed Chairs Say It Is?





Take note, Gold is officially money for the most powerful entities in the world. They are not only accepting Gold as collateral but are openly trying to insure that they have their own Gold in safe custody.

 
Tyler Durden's picture

Twitter Confirms Leak: Stocks Plummets On Disastrous Results, Outlook Cut





Well, the leak (which ironically came out on Twitter only, and not Facebook) was right, and the full story is even worse than Selerity reported:TWITTER 1Q LOSS PER SHARE 25C; TWITTER INC 1Q ADJ. EPS 7C , EST. 4C.
That much we knew. Here is where it gets worse:

  • TWITTER 1Q REV. $ 435.9M, EST. $456.2M
  • TWITTER SEES 2Q REV. $470M TO $485M, EST. $538.1M
  • TWTR SEES YR REV $2.170B-$2.270B, SAW $2.3B-$2.35B, EST $2.37B

And now perhaps someone will ask how much of Facebook's 1.4 billion "users" are actually real.

 
Tyler Durden's picture

How Much Work Is Compliance, Enforcement & Menial Servitude To The New Aristocracy?





It's difficult to estimate the quantity of our work devoted to data-shuffling compliance with and enforcement of perverse regulations and neofeudal menial-servitude to the top 10%, but shall we start with 40% and go from there?

 
Tyler Durden's picture

Failed Chinese Local Bond Offering Leads To PBOC Easing Confusion





An inauspicious start to China's local government debt swap initiative has the PBoC scrambling to determine the best way to facilitate the successful issuance of new municipal securities as several provinces have reportedly canceled or delayed offerings. Now, the question is whether Chinese LTROs will be enough, or whether outright QE will ultimately be the only option.

 
Tyler Durden's picture

S&P Futures Hug 2100 After China Denies QE, European Stocks Slide





Following yesterday's early MNI rumor that a Chinese QE is being "considered" and which sent the Shanghai Composite surging 3% and led to an initial boost in US stock futures, overnight the PBOC scrambled to once again deny such speculation. Of course, going full "cold Turkey" on Chinese stimulus would be too much for the market to handle, so in a piece by the WSJ also released overnight, the author said the PBOC would pivot from outright QE to mere LTRO, which is also not new and was reported over a week ago here in "China Floats QE Trial Balloon, PBoC May Launch LTROs." In any event, for now at least, Asian stocks are not happy despite Apple's latest blockbuster results, and neither is Europe, with the Stoxx 600 down 1%, and even the E-mini is hugging 2100 unable to levitate on any imminent central bank intervention.

 
Tyler Durden's picture

Is This A Blow-Off Top? Four Ways To Tell





Those who lived through the last two speculative blow-off tops know the impossibility of predicting the final top. How can we tell if stocks are in the final blow-off stage of a bubble? There are four basic give-aways...

 
Tyler Durden's picture

Who Is Really Choosing America's Next President?





“We are anointing an aristocracy that’s getting a stronger and stronger grip on democracy,”

 
Tyler Durden's picture

Guessing Game: China's "Real" GDP Growth Could Be As Low As 3.8%





"How the agency obtains GDP figures is 'anybody’s guess,'" one economics professor tells WSJ, referring to the ambiguity surrounding China's official GDP data. Amid a worsening economic situation which includes industrial production data that doesn't match up to the headline GDP figures coming out of Beijing, analysts weigh in with their own projections for how the world's economic growth engine is really performing.

 
Tyler Durden's picture

Saxobank CIO Explains "The New Nothingness"





This new nothingness is creating a youth, a political system and an economic outlook which is based more in peoples’ heads and minds than it is in reality.

At a certain point, even central bankers will realise they can go no further.

 
Tyler Durden's picture

Bull Market Most Overbought/Leveraged In History





Currently, with Central Banks fully engaged in monetary interventions on an unprecedented global scale, there is seemingly nothing that can stop the current advance. Of course, it is that very "thought process" that has been a hallmark of exuberant markets in the past.

 
Tyler Durden's picture

New Highs To Nowhere On Nothing





It’s official: all the markers of manias both past and present have now been surpassed.

 
Syndicate content
Do NOT follow this link or you will be banned from the site!