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Carnage: Worst Week For Stocks In 4 Years, VIX Soars Most Ever
Only one thing seemed appropriate...
* * *
The mainstream media really nailed this move in the past month (here and here)
- China's worst week since July - closes at 5 month lows
- Global Stocks' worst week since May 2012
- US Stocks' worst week in 4 years
- VIX's biggest weekly rise ever
- Crude's longest losing streak in 29 years
- Gold's best week since January
- 5Y TSY Yield's biggest absolute drop in 2 years
* * *
Did you get message Fed?
THE CLEAR MESSAGE FROM THE MARKETS IS - HIKE RATES AND YOU'RE DONE, GIVE US QE4 OR IT'S ALL OVER!!!
So let's start with stocks...
Bloodbathery... This was the worst week for global stocks (MSCI World) since May 2012
And the worst week for US equities since Nov 2011...
Futures show the pain started with China PMI, then dumped as Europe collapsed, then there was no help from the machines as gamma was so imbalanced...
Of course we saw The BoJ in da house to help squeeze stocks with some USDJPY crushing...but that only worked for the small caps (easiest to squeeze)... and then it all collapsed...
Putting these moves in context, the red lines show how long since the US Majors are unchanged...
Dow enters correction... this was the 9th largest point drop in the history of The Dow...
Financials and Energy were monkeyhammered this week (as both were completely decoupled from their credit markets)...
Financials crash...
And Surprise!!! Energy stocks collapse to credit...
Who could have seen that coming?
No brainer: short energy stocks, long credit pic.twitter.com/rC05G32OkS
— zerohedge (@zerohedge) August 11, 2015
Carnage in AAPL slammed the Nasdaq...
Since QE3, all but The Nasdaq are now red... (and Nasdaq is collapsing fast)...Trannies down almost 10% since the end of QE3!!
VIX exploded this week with the biggest jump ever...
And The VIX ETF saw its biggest 2-day rise since 2011 (no wonder with 61.7mm shares short agaionst just 60.6mm outstanding)
As VIX catches up to credit risk...
and before we leave stock-land, her is perhaps the 'spookiest' chart... a Fibonnaci 61.8% extension of the 2007 high to 2009 lows 'nails the top' for now... (h/t @allstarcharts )
* * *
OK... so let's look at bond-land. Treasury yields collapsed this week with 10Y nearing a 1 handle... 5y yield down over 17bps is the bigest absolute drop since Sept 2013
Leaving the entire bond complex lower in yield on the year...
And stocks finally caught down to credot's reality...
FX Markets have seen some serious carnage this week...
The US Dollar index futures contract was down 2.7% on the week - its biggest drop since June 2013...
EM FX was a disaster...
Finally - the commodity space...
Very mixed picture with PMs holding gains (despite Silver's slam today) as industrial commodities were clobbered...
Bloomberg's Commodity Index is at its lowest since 1999...
Crude oil fell to a 3 handle -
Dropping for 8 straight weeks for the first time since 1986...
Note that gold reversed today early on after touching its 100DMA... and silver revsed today to its 50DMA
And finally, because we suspect the mainstream media will be looking for an excuse to explain all this carnage... here is the culprit...
This mornings culprit for the nasty sell-off pic.twitter.com/OYbBFQyYvI
— Stalingrad & Poorski (@Stalingrad_Poor) August 21, 2015
Charts: Bloomberg
Bonus Chart: Today...
@BarbarianCap not what I'm seeing pic.twitter.com/YkvyBArsgX
— 3:30 Ramp Capital™ (@RampCapitalLLC) August 21, 2015
»
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Jack Lew is too busy trying to determine which woman to put on the new $20 bill to be bothered with any congressional hearings.
Rate hike in 1... 2... 3... 4...
keep counting...its gonna be little while.
1036. 1037.1038.10..........
The last FED rate hike was in June 2006
Dont hold your breath.
Interest rates could rocket to .0000000000000000000001% at any moment. Prepare accordingly
CHC
'Come on baby, gimme another -530pts on Monday!!'
2X
4 figure drop
just because
I am loving it. Destroy billions/trillions in fake money profits. I am having a party!
This should help with that record wealth inequality thing.
I keep hearing about buy the dip. That is a scary thought right now. I remember when I was 7 we went to visit some relatives in NB Canada. They had a huge farm and the kids my age only spoke french. So we did what kids do and went out on a big pile of lumber in the pasture and proceeded to throw rocks at the bull. The bull ignored us so we proceed to the barn and climbed up in the rafters (25 feet) and started jumping into a large pile of hay in a large stall. They kept telling me in french not to jump close to the edge of the hay and kept pointing toward the middle. I had no idea what they were saying and jumped as far as I could to show off. Well, all I remember was the hay didn't slow me any and the floor didn't give. I got an astronomy/physics lesson all at the same time. The hay was on a wagon and went over the sides to the walls. Lesson learned the hard way.
I hear the floor might be 15k so I will wait. it's a long way down and I'm tired of learning.
15K sounds overly optimistic. How about an elevator ride down to 8 or 9K where real value might actually exist for this massive stock bubble.
"Paul O’Connor, a senior fund manager at Henderson Global Investors, which manages £82 billion ($129 billion) in assets, said he has been selling stocks and buying bonds in recent months, fearing further spillover from the recent Chinese selloff. Is there a buying opportunity in stuff that has got beaten up, or will it start to erode confidence in developed market assets? We’re in the latter camp,” he said."
"Commodity markets are telling us this is quite serious,” said Neil Dwane, head of European equities at Allianz Global Investors, which oversees EUR412 billion ($463 billion) of assets."
http://www.wsj.com/articles/u-s-stock-futures-point-to-more-losses-14401...
"Commodity markets are telling us this is quite serious,”
understatement of the week!
And those commodity market have been telling us all for quite a while.
The miscalculation by the "Bulls" is to think that the Baby Boomers are kosher with this. THEY ARE NOT.
There is a LOT of money in the hands of Boomers, and many of them are very close to retirement (within 5 years). The Boomers have been riding the Gravy Train while the market goes UP. But they are not about to let themselves be enviscerated when the market PLUNGES. The Boomers are well aware of 2002 and 2008.
It will be interesting to watch when the Dow hits the 200-day MAV. But i am prepared to bet you ... the Boomers will not sit this out in a "daze of myopic hopefulness". Does anyone think that the US economy will bounce back in the next 5 years???
Like I said before ... a lot of Mutual Fund managers are going to get painful phone calls from their clients.
When you hand your life savings to crooks...they ARE gonna steal it.
You too JJ
Boomers deserve what they get.
Punishment for driving home prices light years beyond the affordability level of their kids and saddling them with insane debts to pay for their pensions.
I had to tell off a 60 year old fucking bitch who said I shouldn't have a hard time buying a home on what I make.
I said, "Well when you bought your home in this neighborhood in 1994 it cost $128k and I bet you and your husband were making $70k a year easy. Property taxes were $850 a year and utilities were 30% of what they are now. That $128k home now costs $365k and making $70k puts you in the top 20% of wage earners in the USA. Guess what, $365k and $5500 a year in property taxes isn't affordable on $70k a year."
She got this dumbfounded look on her face, like she never thought of that before. She said, "Well my husband was a senior engineer and he made $85k back then and made $125k last year before he retired." Like that is what I was trying to explain to her. I did ask how much they paid her husband's replacement. She told me, "hmmm I think they actually closed his department and outsourced everything."
For years her and her husband have been living off the built up bullshit equity of their overvalued home. The other catch is in 1994 the school system wasn't 38% Hispanic either.
MOST BOOMERS DON'T FUCKING GET IT. THEY LIVE IN LA LA UNICORN SHITTING GOLD LAND.
Not a boomer, but you are speaking about anyone. Throw in a little math and majority of the population goes full retard. They want a master. This is why we get so frustrated with society and cheer on days like this. In reality we shouldn't be happy but the drunk need to wake up.
It's not our fault, or at least not most of us.
actually I feel it is all our faults. We should of had a revolution.
Now we've got Mr. Yellen.
Exactly. Us "patrioits" see whats going on and and we do nothing. We are derilicting our duty to the constitution. When this country falls it will be our fault.
they are going to close the redemption window and close the cash window. hahahaha, got mine out 3 years ago. all cash all the time. that and real money, pm's.
Primal scream
Thanks for scaring the shit out of me
Great great day. And to think this is just the prelude to September! be wary of any dead cats.
Hey Ben, Janet and your yellin' crowd: How's that wealth effect working out for everyone ?
The September Fed meeting is going to be epic. It's unreal that everything depends upon their decision.
almost time to go back into oil
caution my friend, pe's of single digits a must...
You've seen nothing yet - insane spike this week then rip off Joe Sixpack and retailers even more?
Bullard couldn't come to the rescue because the Fed has been relentlessly threatening to raise interest rates--the opposite of QE4. If he suggested QE4 now, they'd look like the idiots they are. Next week will be fascinating.
That is some funny shit. The puking part was a nice touch. And probably pretty accurate as to what transpired today.
Tell me there isn't some funky shananigans going on when crude takes a dump of over 2.5%, yet gas goes up almost 1%. The dollar goes down over 1%, gold does nothing and silver and platinum tank over 1.5%.
Is it possible that the PPT dropped the ball here. So worried about the PM's taking off that they forgot to prop up the market. Or, is there something more sinister going on. Maybe all the Black Swans are finally converging. Hope so, this shit is getting old.
Oil's @ $40-45 and all I hear about is this...
http://www.usatoday.com/story/money/business/2015/08/13/refinery-issue-c...
Should be under $2 bucks nation wide.
I don't think states can afford the loss in tax revenue from lower prices though, especially the special shit hole we call Illinois.
Just BUY THE FUCKING DIP!!! HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
lol
It is crunch time. Mr. Yellen either needs to grow a pair or follow Ms. Bernanke's cue-e.
What would you do if you had the controls?
Bear-ish
mom
is that you....
I'm yer daddy! Surprise! Looks like the time is right for a family reunion!
I love it when a plan comes together
Hannibal ~A-Team
F'n Bitchin. I wish I had the time to play.
LOL, Best buying opportunity since 2008! :)
waiting patiently for the first jumper in this round of carnage. another 10 percent plunge and the jumper vix index will be a no brainer...
New game
After a couple you made me laugh out loud.
Thanks
Outstanding.
Alright, who's the minus one monkey?
a broke mother fucker courtesy of wall street throwing a tantrum.
Jim Cramer?
Although I like to think he really isn't as crazy as he is on TV and is just an actor playing his part for the Master's plan. When he goes home at night he reads Zero Hedge and up votes everything he knows is correct but too afraid to say on TV. It his little way of keeping himself sane.
I thought he was knuks on here.
Paul Krugman.
Liesman or Krugman ?
Old Yeller on her coffee break.
So we are at the beginning of the end. The big Ponzi scheme is now unfolding. Billions on app companies will be valued for what they are worth, biotech companies will find that their imaginary cures are just fantasy, technology firms will discover that reality is not Disneyworld. The Ponzi scheme created by easy money printing is facing reality and is unraveling: it's overdue. All this people working on computer screens in Wall Street will lose their jobs and better find a productive job were real things are made.The bid bulshitters like Goldman Sachs and the others should go bankrupt and leave the place to honest bank managers.We need a new revolution to free America from the filth that is now oppressing the people.
find a job where real things are made????? Where in the hell is that?
It starts with you....no one is going to do it for you.
RIPS
Who cares,
A babe at 12 weeks
Nice post
Very nice post
Boy, I can't get any interest on my money so I'm sure glad I listened to Ben and bought stawks. Fuck you Ben, fuck You fuck you fuck you fuck you
Listening to the CNBS drones with one ear over my shoulder. Not one mention of the FOMC minutes. Sounds like the consensus is the evil Chinese.
Reminds me of the Friday before the 1987 crash.
I remember watching Wall Street Week that evening and the late great Marty Zweig told the late great Louis Rukeyser that he was "getting nervous".
I'm going to do what I rarely do this weekend and flip through the MSM news a few times to take the temperature.
The propaganda machine is going to have to kick into high gear and come up with something really clever or else next week is going to be fucking epic.
Whatever MSN says, I usually just figure the opposite.
Yep, had that little dead cat bounce on the Monday, and then all hell let loose on
the Tuesday.
@Bam_Man
Marty Zweig and Louis Rukeyser Before the 1987 Crash
https://www.youtube.com/watch?v=2MyToTwag34
I think they'll skip QE4 and just go right into QE5.
they will just start moving
the decimal point soon ....
Since the algos don't know anything but chart technicals and trade based on patterns, do you think the algos figured out the Fibonnaci extension and just started selling?
I mean if you turn over the market to the HAL 9000 you are kind of powerless to stop it if it decides now is the time to sell. The computers might take the market all the way back down to 2009 lows only to turn around and buy it right back up in an even shorter time period.
I made a prediction a few years ago that the computerized trading algorithms are speeding up time. Eventually we'll go though 100 years of trading in a single day. Swings will be thousands of points and humans will just watch it all dumbfounded. They won't be able to turn off the machines because that is all there is. Turning off the machines would end the market and Wall Street's existence. They can't go back to humans trading stocks, the profit just won't be there.
There is your future CNBC. The whole thing just goes PLAID. We're on ludicrous speed right now.
TURN OFF THE MACHINES!
"LUDICROUS SPEED - GO!"
adr,
Fascinating and fortunately beyond my time.
I found that chart so intriguing, I checked the numbers: 1576.09 x 1.618 = 2550.11.
Tyler, is there something wrong with my calculator? Or is there something wrong with your calculator? Or is the real S&P top going to be 2550.11?
Warm regards,
Smoker
The swings man... epic
Wait, are humans being priced out?
Kind of like what happens when the pusher does not show up with a fix.
the 5 year change for the DOW +61.15%
this year to date -7.65%
I am up +53.5%
Buy more on Monday. It's on sale.
Hey Dapper, did you liquidate??? if not you have gained Nil and your spitting into the wind.
So, you bought the exact bottom in the DOW five years ago. Way to go. Please tell me your next inv. ideas. Or, do you care to disclose how you have done since you started investing?
Dapper,
Good for you
Care to share any secrets?
This is an equal-opportunity bear market collapse, affecting equity markets worldwide, and may quickly become serious enough to require closing of the exchanges. Perfect: Freeze all equity positions and preserve artificial values as of the 8-21-15 close, then just resume the nonsense fedspeak and the presstitute corporate news fantasy.
That's been my prediction since 2009. One day, you wake up, and everything is frozen solid.
I think we're closer than ever to such an event. My guess is September, this year or next. People think October is where the fun lies, but I'm telling you, it's always in September.
Remember, I predicted the freeze to begin Friday, 9/11, because the elite like anniversaries.
Franz,
Come on, now your really scaring me. Kidding right?
Wake me up when the VIX hits 40.
So wake you up by midweek next week?
Is it possible that at the last turn the vix was 80ish and what we have current time is big time? Either it has a ways to go or the ways is very short term.
I'm glad I snatched up a little more gold while it was on sale.
Thank you Provident Metals!
Does any body can explain this?
http://www.foxbusiness.com/markets/2015/08/21/job-totals-shrink-in-louis...
So total jobs getting lost but at the same time unemployment getting low?
It's amazing what you read today
Suppose in your town, there are 95 people with jobs. There are also 5 people that have been fired, but are still looking for work.
The unemployment rate in this case is 5/100 = 5% (unemployed / total labor force).
Now, the local bakery closes, eliminating 5 jobs. There are now 90 people with jobs, and 10 jobless. Of these 10 people, 6 of them decide that the job market is hopeless, and decide to quit looking for work; move away; retire, etc. They are no longer considered to be "unemployed," rather, they are not counted at all. They have "dropped out" of the labor force.
The unemployment rate is now 4/94 = 4.2%. Which is an improvement over the 5% figure above. Yet, 5 jobs have been lost. This happened because the rate of people no longer counted as "unemployed" is faster than the rate at which jobs are being lost.
Awesome...thank you for that.
C-America,
It's manipulation of the sheep. Plain and simple.
Does anybody can......
M O A R
W A R
N W O
VS
B R I C
this is not your fathers socialism
yup, it's about that time and there is plenty to choose from.
eastern europe, syria, iran, north korea, south china sea and of course the artic.
anybody got any leads where I might acquire some spf 2,000,000 sun block?
black friday indeed.
By the way, who's the troll that's down voting virtually every post? Can't you go jerk off somewhere else?
How you feeling about issuing bonds to buy back shares now, C-Suite bitches?
Central Banks could manipulate stocks but they could never manipulate commodities.
Commodities were telling the truth they couldn't hide and they knew the game was up.
Good insight
*yawns* Wake me up when it's time to sell my gold for APPL.
Sarc?
I guess the hologram otherwise known as the market and its helium stocks are finally coming down, its long overdue
Drudge is filled with market crash headlines, but they are all from MW, Bloomberg, and CNBS. Why do we rarely, if ever, see a Drudge link to ZeroHedge anymore? This one article by the Tylers is head and shoulders above all the links combined on his site today.
I was introduced to ZH by a Drudge link many years ago and I used to see ZH links quite often on his site.
Did someone here at The Hedge piss Matt off?
Regardless, it's probably a good idea to share links like these as they come up. I've experimented with Facebook ads, and found you can get 3-4,000 impressions for a dollar, so for a tiny amount of fiat (buck a day), you can put links like this in front of 100,000 people a month.
Me, with a Facebook page? Not in this lifetime.
What are impressions? Is that some sort of cutesy Facebook speak?
"REGARDLESS", I am not on a mission to spread the good word of ZH to Zuckerbergland.
Mark Zuckerjew thanks you for being a good sheeple
COME ON TYLER...IF THERE WAS A DAY TO HAVE A LARGE DEER PIC OUT IN THE LAST FOUR YEARS THIS IS IT. GET ON IT!
amen.
Shemitah... For F's sake. It's probably that a lot of JEWISH bankers were suspicious and so sold on that day.
well I would say that about qualifies as a pretty impressive black friday.
we all knew this was going to go sideways eventually but I have to say watching the wheels fall off in real time is kind of surreal.
I think we just witnessed the Fukushima meltdown moment but I guess we'll have to wait until at least monday to know for sure.
I have a bad feeling ww3 is now on deck and not to far off given the recent push in the MSM to make Putin and Russia a budding nazi Germany espcially over the last few weeks.
and I can't help but wonder if this what jade helm was all about...
anyways hedgers have a great weekend, get out, enjoy the sun and maybe scratch a few things of that bucket list cause I have a feeling there is a very, very rough road ahead.
In percentage terms, today's 3.12% plunge in the Dow probably doesn't even qualify as one of the Top 100 worst days, considering that the 20th biggest drop percentage-wise was a loss of 6.98%.
I heard a lot of joos were selling today to get cash for coke and a weekend in the hampsteins
Not a Black Friday, more of a Hazy Grey Friday. The big drop is still to come.
Keep an eye out for a convenient false flag weekend somewhere in the world. Must keep the sheep distracted and entertained .
For that, you'll have to wait until a September rolls around. Oldie but goodie coming up:
http://www.nytimes.com/2002/09/07/us/traces-of-terror-the-strategy-bush-...
From the linked article:
The White House decided, they said, that even with the appearance of disarray it was still more advantageous to wait until after Labor Day to kick off their plan.
''From a marketing point of view,'' said Andrew H. Card Jr., the White House chief of staff who is coordinating the effort, ''you don't introduce new products in August.''
They've deployed false drag instead aka Bruce Jenner.
Time for FOX to put Geraldo in a flak jacket and combat lid and send him to Wall Street....
Ok, so, what now?
Rate hike off the table, clearly, if the market ramps and then they start talking rate hike, it just sells off again?
QE 4ever call sends oil, gold silver skyrocketing?
Market can't go sideways from here, too much sellng pressure is on?
Market just can't go down too much more from here without the Fed stepping in, right?
Really at a crossroads right here right now.
I think the fed shot its wad. Curtains
yeah when u go into the shower with your dokkers on to wash your clothes, pretty much....
Or the Warren Buffetts and Johnny Depps of the world are buying up stocks like they are Greek islands ahead of the bounce. Can you say "Controlled Chaos!"?
3:30 Ramp Capital LLC? I love it!
I was watching CNBC yesterday around 3pm. They brought out "Chip Diller". He said the S&P was holding the key critical number of 2044 and "all is well". Well......
Shit, man. F*ck.
the rare straight down plunge day, I like it.
And so it begins. Hey, I just bought another kilo of silver.
-Argenta
I miss peter schiff's radio show, I listened to it for years waiting for the day we would see this so he could gloat on air live, honestly, I want to hear him gloat so I can gloat right along with him. Is this a manufactured dip market, manufactured downtrend? Sure it is but at least these fuckers on CMSNBCNN or w/e the fuck it is will have to suck his dick next time he's on.
Either a 'predictable problem' is next, or a BLACK SWAN!
Probably Turkey
Love the charts, but not sure I agree w/ Tyler's link between JPY moves and small caps (i.e., IWM), as a Russell trader who stares at it every day, we've seen this happen a few times this year: whenever large institutional funds think a big plunge is largely currency-driven, rather than reduce their overall equity exposure more than they deem necessary, they instead move monies from SPY, DIA and even QQQs, which often screws up RUT charts till after 2:30 or so. Not that carry trade impact isn’t a general market driver (though oil has been a bigger force in 2015), I just don’t see it as selectively being used to foil TZA holders for a few hours. Other technical reasons for RUT to bounce first: it had already blasted past the Daily Keltner limit and hit the weekly 100 DMA, something SPY didn’t do until today.
There's nothing to bounce off of here but a 6-year old air-pocket.
This sucker's going down.
Short term, I suspect it'll bounce, 'someone' was buying IWM all day, and it went absolutely nowhere, OPEX can't serve as the explanation, as that didn't work for the QQQs, but longer term, indices are likely headed toward the 2007/2011 highs, but it may take longer than anyone wants to get there, not because there's demand, but because managed distibution makes those who control these things lots of money, so they'll stairstep down, it wasn't retail money that built this craggy edifice.
Doesn't anyone know these traders have families that will starve in the streets?!?!?!?!? https://www.youtube.com/watch?v=rOVXh4xM-Ww
My broker charges a fee every time I buy or sell a stock
For anyone interested, someone finally upoaded a copy of Martin Armstrong's movie The Forecaster on TPB yesterday: https://thepiratebay.la/torrent/12257078/The_Forecaster_%28ABSOLUTE_MUST...
The North Korean dictator must have lost a bundle .... the world is passing him by .... he can´t be so upset just about a loudspeaker .... may all socialist dictators die a thousand deaths .... by a thousand cuts torture !
I wish I was the guy charging a fee every time the stock is bought or sold.
Tyler,
Regarding the 'spookiest' chart of the day, I was so intrigued I checked the numbers: 1576.09 x 1.618 = 2550.11 Is my calculator broken? Or is your calculator broken? Or is the real top of the S&P going to be 2550.11?
Warm regards,
Smoker
The E-trade baby .... beautiful .... isn´t she a she .... ISIS would pay big bucks for her .... even if she lost her savings .... in the Dhimmi stock market !
Looks like I picked a bad week to sink every cent I had into Cashmere goat farming in Kazakhstan.
DM me if you're looking for a great deal on cashmere scarfs or sweaters for that special someone in your life.
are they good for sexy time?
Where's Beeks? Where in the hell is Beeks?
No surprises here folks.
Fed threatens to raise rates every other day = Deflationary.
Fed rigs gold and silver down for 3 years = Deflationary
US Gov. and Saudis drive oil prices down = Deflationary.
Fed gives Chinese stock market a big push down =Deflationary
Goldman rigs all commodity prices down = Deflationary.
At the same time:
Fed creates huge bubble in the stock market
Fed creates even larger bubble in bond market.
What did these morons think would happen?
Well, there was some true carnage averted today...
Hero US marine who prevented Moroccan terrorist's train massacre in France is 'in critical condition' after being shot in the neck - as he and his colleague are praised for 'extreme bravery'- A suspected Moroccan terrorist opened fire with a Kalashnikov on board a high speed train in northern France
- Eyewitnesses said two U.S. Marines on the train disarmed the 26-year-old gunman and pinned him to the ground
- French Interior Minister Bernard Cazeneuve praised the Marines who almost certainly 'averted a disaster'
- The gunman is understood to have boarded the train, which had more than 500 passengers, in Brussels, Belgium
Read more: http://www.dailymail.co.uk/news/article-3206426/U-S-Marines-armed-gunman-onboard-high-speed-train-Amsterdam-Paris.html#ixzz3jUnI7bfOTotal BS HOAX - as usual !
If the EU leadership was on the train the marines should have let the terrorist go
Shit! You shoot an American in the head you won't hit a vital organ let alone the heck!
Jarheads are pussies. DailyMail??? LOL. same sa National Enquirer.
Way to go marines!! Lets get the marines to protect France!!/s
Here are some more signs of a coming recession.
http://michaelekelley.com/2015/05/29/mergers-and-acquisitions-set-record/
http://michaelekelley.com/2015/02/20/fed-warns-of-two-bubbles/
http://michaelekelley.com/2015/02/24/would-you-pay-39-more-than-asked/
http://www.zerohedge.com/news/2015-07-27/when-will-we-ever-learn/
Here is how to prepare.
http://michaelekelley.com/2014/10/16/8-things-to-do-when-recession-happens/
Here is how to get your mind off this stuff.
http://michaelekelley.com/category/humor/
Good luck!
Is it amazing that the S&P dropped 3.18% and theres no real new news? No Greece, no China, no major terrorist attacks. Its not amazing at all. The stock market has simply, once again, finally run out of buyers. The volumes have been pathetic for far longer than I could have imagined. I'm happy I wasn't near the computer today because I usually buy any 2.5% move for a decent bounce. A very wise man once told me, "the stock market is designed to to hurt the most people at the most unexpected time". And no, its not different this time.
A long way to go before they approach anything near realistic valuations.