"We're In The Eye Of The Storm" Rothschild Fears "Daunting Litany" Of Problems Ahead

Tyler Durden's picture




 

As central bank policy-makers' forecasts have become more pessimistic (i.e. more realistic), Lord Rothschild is unsurprised at the current malaise: "not surprisingly, market conditions have deteriorated further...So much so that the wind is certainly not behind us; indeed we may well be in the eye of a storm." On this basis, Rothschild highlights a "daunting litany of problems," warning those who are optimistically sanguine about the US economy that "2016 is likely to turn out to be more difficult than the second half of 2015."

Lord Rothschild Letter to Investors (via RIT Capital):

In my half-yearly statement I sounded a note of caution, ending up by writing that “the climate is one where the wind may well not be behind us”; indeed we became increasingly concerned about global equity markets during the last quarter of 2015, reducing our exposure to equities as the economic outlook darkened and many companies reported disappointing earnings. Meanwhile central banks’ policy makers became more pessimistic in their economic forecasts for, despite unprecedented monetary stimulus, growth remained anaemic.

 

Not surprisingly, market conditions have deteriorated further. So much so that the wind is certainly not behind us; indeed we may well be in the eye of a storm.

 

The litany of problems which confronts investors is daunting:

  • The QE tap is in the course of being turned off and in any event its impact in stimulating asset prices is coming to an end.
  • There’s the slowing down to an unknown extent in China.
  • The situation in the Middle East is likely to be unresolvable at least for some time ahead.
  • Progress of the US and European economies is disappointing.
  • The Greek situation remains fraught with the country now having to cope with the challenge of unprecedented immigration.
  • Over the last few years we have witnessed an explosion in debt, much of it repayable in revalued dollars by emerging market countries at the time of a collapse in commodity prices. Countries like Brazil, Russia, Nigeria, Ukraine and Kazakhstan are, as a result, deeply troubled.
  • In the UK we have an unsettled political situation as we attempt to deal with the possibility of Brexit in the coming months.

The risks that confront investors are clearly considerable at a time when stock market valuations remain relatively high.

 

There are, however, some influential and thoughtful investment managers who remain sanguine about markets in 2016 on the grounds that the US economy is in decent shape – outside of manufacturing – while they feel that economic conditions may be improving. To them, the decline in these markets may have more to do with sentiment than substance. Others are less optimistic but feel that the odds remain against these potential difficulties materialising in a form which would undermine global equity markets. However our view is that 2016 is likely to turn out to be more difficult than the second half of 2015. Our policy will be towards a greater emphasis on seeking absolute returns. We will remain highly selective when considering public and private investment opportunities. Reflecting this policy, our quoted equity exposure has been reduced to 43% of net asset value.

 

There’s an old saying that in difficult times the return of capital takes precedence over the return on capital. Our principle will therefore be to exercise caution in all things in the current year, while remaining agile where opportunities present themselves. Problems have a habit of creating opportunities and I remain confident of our ability to identify and profit from them during 2016.

Perhaps Lord Rothschild is on to something...

Fundamentally...

Source: @DonDraperClone

Of course, even The Fed is forced to admit that recession probabilities are rising fast...  

 

And technically, we are indeed in the "eye of the storm"

 

However, we have seen this pattern on a bigger scale before... and it did not end well.

What happens next?

 

Eye of the Storm? Or Storm In A Teacup?

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Sun, 03/06/2016 - 21:18 | 7280100 Jim in MN
Jim in MN's picture

Pass the Grey Poupon, mate.  And, also, the keys to your global elite hidey holes.

Sun, 03/06/2016 - 21:25 | 7280124 WTFRLY
WTFRLY's picture

Fuck that Joominati rat.

Sun, 03/06/2016 - 21:44 | 7280174 knukles
knukles's picture

He who likely owns the single largest stash of physical shiney. 
Aside from the Anunnaki.
It's tough being the Head Reptile

Sun, 03/06/2016 - 21:45 | 7280189 SuperRay
SuperRay's picture

Perfect storm. Call Captain Philips.  Only Tom Hanks can save us now.

Sun, 03/06/2016 - 21:54 | 7280224 Mr.Sono
Mr.Sono's picture

We are exiting the eye. Shit storm ahead.

Sun, 03/06/2016 - 22:02 | 7280248 Mr.Sono
Mr.Sono's picture

S&P showing sexy looking reverse cup and handle.

Sun, 03/06/2016 - 22:15 | 7280284 J S Bach
J S Bach's picture

Lord Rothschild forgot one key bullet point...

• Due to the unfiltered nature of the internet, the plebs are beginning to wake up to our centuries-long confidence game known as fractional reserve banking.  We may not be able to issue the rubes their own currency anymore at interest, so we'd better cash out into as many physical assets as possible before they come for us.

Sun, 03/06/2016 - 22:22 | 7280304 localsavage
localsavage's picture

I can't believe that it is 2016 and we are calling someone "Lord" anything.  He should be taken out back and shot just for that let alone all of his other crimes against humanity.

Sun, 03/06/2016 - 22:30 | 7280335 WarPony
WarPony's picture

DARK lord, so it is.  Que the guillotines.

Sun, 03/06/2016 - 23:17 | 7280511 Chris Dakota
Chris Dakota's picture

Problem, reaction, solution.

It's their game.

One world government, one world currency, global communism.

for us only, not for him.

Kill this viper.

Sun, 03/06/2016 - 23:24 | 7280533 Goliath Slayer
Goliath Slayer's picture

So many problems ahead that poor Rothschild will soon be holding a street sign: Will Work For Food.

Sun, 03/06/2016 - 23:59 | 7280642 MagicHandPuppet
MagicHandPuppet's picture

Hang this old fag already

Mon, 03/07/2016 - 00:10 | 7280669 No.Fifth.Turning
No.Fifth.Turning's picture

The poor Red Shield people--they can't even make it in the top 50 of the billionaires club anymore. (yea, right!!!!!! wink, wink)

Mon, 03/07/2016 - 00:28 | 7280704 TahoeBilly2012
TahoeBilly2012's picture

Hide the kids!

Mon, 03/07/2016 - 01:12 | 7280784 Rabbi Chaim Cohen
Rabbi Chaim Cohen's picture

Lord (sic) Red would certainly have intimate knowledge of the problems since he and his global elites have set many of the root causes in motion.

Mon, 03/07/2016 - 02:43 | 7280908 cookie nookie
Mon, 03/07/2016 - 07:17 | 7281135 weburke
weburke's picture

he SHOULD see problems ahead, elites dont rule the afterlife.

Mon, 03/07/2016 - 07:21 | 7281142 weburke
weburke's picture

why would you use the work LORD in front of his name? someone tell you too zh? 

Sun, 03/06/2016 - 23:59 | 7280644 willwork4food
willwork4food's picture

Did someone call me?

Mon, 03/07/2016 - 01:57 | 7280851 All Risk No Reward
All Risk No Reward's picture

Dark Lord Rothschild and his fraudulent debt-money system is the Big Bad that CONFRONTS investors...

Doesn't he have a "Wealth Inequality Solutions" forum that he needs to attend in order to make it look like his debt-money isn't A ROOT OF ALL POVERTY AND POVERTY RELATED DEATH (really, Rothschild debt-money genocide)?

Watch "A Film Unfinished" and "Empire in Africa" back to back and tell me that Dark Lord Rothschild and his Debt-Money Monopolist cronies don't run Africa like a Hitlerian Warsaw ghetto at the nation state level.

What a demon-spawn - if only the average person wasn't actually as ignorant and clueless as the Dark Lord believes them to be.

Mon, 03/07/2016 - 02:19 | 7280874 Goliath Slayer
Goliath Slayer's picture

Brace yourselves people. Rothschild is about to give the US its first female POTUS: the Hitlery http://bit.ly/1p1jKnr

Mon, 03/07/2016 - 07:19 | 7281138 weburke
weburke's picture

no, the jews are pushing their trump

 

Mon, 03/07/2016 - 18:40 | 7283875 All Risk No Reward
All Risk No Reward's picture

The Debt-Money Monopolists control both Hellary and Trump.

The Debt-Money Monopolists also financed IBM track Auschwitz inmates for the Nazis, they financed Ford to send motors to the Nazis, they financed the Harriman Bros. to build the rail tracks that brought people to Auschwitz, and they financed a subdivision of Standard Oil to sell Hitler the fuel he needed to have bomb London.

The problem with ignorantly parroting the mental malware that others have programmed into your intellectually defenseless head is that you may end being played for a total fool.

Search "Trivium Method of Intellectual Self-Defense" and learn the WORK required to gain real knowledge.

BTW, you can bet the Debt-Money Monopolists fund the "it's the Jews" narrative to dupe the intellectually defenseless. I'm not intending to put you down, reality does that all in its own. I'm trying to highlight your problem SO YOU CAN FIX IT AND ENJOIN THE REAL BATTLE AGAINST THE CRIMINAL OLIGARCHS.

Mon, 03/07/2016 - 08:28 | 7281225 Anasteus
Anasteus's picture

Quite the opposite, localsavage, calling him LORD is the most appropriate designation; it openly and honestly reveals the true nature of the world oligarchic system and Rothschild's position in it.

Mon, 03/07/2016 - 08:53 | 7281272 Took Red Pill
Took Red Pill's picture

I think Iran has the right idea; Billionaire sentenced to death;

http://www.reuters.com/article/us-iran-court-sentence-idUSKCN0W80CT

Sun, 03/06/2016 - 23:48 | 7280608 SilverSphinx
SilverSphinx's picture

The British class system needs to be eradicated, from the dictatorship 'figurehead' on down.

It's a great irony that the nobility considers the rest of the people to be useless eaters while, in truth, it is the pampered nobility, with no real earned knowlege, no real job skills, and not deserving the redistributed wealth of the commoners, that are the useless eaters.

 

Kill them.

Kill them all.

Mon, 03/07/2016 - 01:52 | 7280842 All Risk No Reward
All Risk No Reward's picture

It is the modern incarnation of the Roman Empire system.

More specifically, it is the Debt-Money Monopolist Empire system and I bet that the debt-money system originated at the national level in Babylon.

Just a hunch give "Babylon the Great..."

Mon, 03/07/2016 - 01:26 | 7280809 fiatmadness
fiatmadness's picture

Don't throw the baby out with the bath water! A lot of British Lord's these days are not heriditary. In UK they are part of the honors system to recognise people who have made outstanding contributions to society. Admitedly some of them are just senior civil servants that did their job unremarkably for 30 years, but some are genuinely deserved, and a great way for a country to recognise achievment.

Mon, 03/07/2016 - 01:51 | 7280839 kliguy38
kliguy38's picture

what "jobs" are your referring to that they performed so well......blow jobs possibly?

Mon, 03/07/2016 - 05:05 | 7281023 Grumbleduke
Grumbleduke's picture

kid fucking.

Mon, 03/07/2016 - 17:33 | 7283564 mkhs
mkhs's picture

Ewwwh.  Kid in this phrase sounds like goat.  I think young child is more appropriate.

Tue, 03/08/2016 - 12:12 | 7286562 mkhs
mkhs's picture

.

Mon, 03/07/2016 - 08:27 | 7281222 marts321
marts321's picture

Depends how you define "achievement". 

Mon, 03/07/2016 - 10:43 | 7281594 Casey Jones
Casey Jones's picture

Not now, I'm right in the middle of a Rothchilds.

http://youtu.be/hD3edrGj85o

Sun, 03/06/2016 - 22:47 | 7280399 peddling-fiction
peddling-fiction's picture

The missing summary is that WWIII is on its way to clean up dissent under war powers entitlement (Erdogan jumped the gun) and employ the unemployed in their... well, last stint...

Sun, 03/06/2016 - 22:58 | 7280442 Ms No
Ms No's picture

Will somebody ask one of the Rothschild assholes when they plan on bailing in our bank accounts, starving our populations or creating another great war?  They should at least have the damn decency to give us some information on their timing.

Sun, 03/06/2016 - 23:12 | 7280463 peddling-fiction
peddling-fiction's picture

 

Ms No.

AS mtndds said, that warning shot just came across the bridge. Man the cannons.

Russian, Chinese, French and US aircraft carriers are converging in the Middle East as we speak.

March 11th would be my best guess for open hostilities.

That could speed up many administrative decisions under war powers entitlement.

I hope I am wrong.

Sun, 03/06/2016 - 23:13 | 7280488 Ms No
Ms No's picture

Good times.  Beware the ides of March.

Sun, 03/06/2016 - 23:32 | 7280542 peddling-fiction
peddling-fiction's picture

Exactly. That is why the 11th could be a winner. They love their numerology to confirm their message.

Actually this Economist cover in 2015 does mention 11.3 and 11.5 as dates (European dates maybe) on lawn darts in front of Alice.

https://socioecohistory.files.wordpress.com/2015/01/economist_magazine_j...

Tue, 03/08/2016 - 02:16 | 7285375 NeoKeynsian
NeoKeynsian's picture

This is the IP address, do a 30 min research and you might get surprised.

The Alice character will also make sense on this picture.

Mon, 03/07/2016 - 00:17 | 7280685 greenskeeper carl
greenskeeper carl's picture

"I hope I'm wrong"

I can say with a high degree of confidence that you are. We've seen a lot of poster show up here and predict doom and give a date like that. All of then have been wrong. I suspect you will be too.

And for those of you putting so much emphasis on numbers like 11, you might as well call ms Cleo for a palm reading, they make about as much sense.

Mon, 03/07/2016 - 00:20 | 7280692 peddling-fiction
peddling-fiction's picture

carl

We will see.

Hope you are right.

Mon, 03/07/2016 - 17:42 | 7283610 mkhs
mkhs's picture

I predict the collapse will occur on the 6th of March, 2016.

Sun, 03/06/2016 - 23:35 | 7280562 bunnyswanson
bunnyswanson's picture

Yup.  https://www.youtube.com/watch?v=necfW5Dj5UQ

Uploaded on Jul 23, 2010

Rockefeller: Internet is "Number One National Hazard"

"It really almost makes you ask the question would it have been better if we had never invented the internet," Rockefeller mused during the confirmation hearing of Gary Locke (see video), Obama's choice for Commerce Secretary.

Sun, 03/06/2016 - 22:08 | 7280268 mtndds
mtndds's picture

I guess the homeboy fired a warning shot to anyone who will listen.

Sun, 03/06/2016 - 22:51 | 7280417 peddling-fiction
peddling-fiction's picture

Yes he did mtndds. Yes he did...

I would gather the fireworks start on the 11th of March, 2016

Mon, 03/07/2016 - 10:53 | 7281626 ATM
ATM's picture

We are in the eye. Not sure if we are still enetering or past the halfway point. What I do know if that the continued fucking around by central banks is making the eye bigger. Bigger hurricanes have bigger eyes and this one is still growing.

It may be that we are just barely into the eye and it is continuing to grow so that we are not getting closer to the center. This is going to be one hell of a shitstorm when the other eye wall bares down on us.

Sun, 03/06/2016 - 21:49 | 7280198 OldPhart
OldPhart's picture

Somehow, I don't see strapping 'Lord' Rothschilds scrawny ass to the bascule as a problem.  It should be pretty simple, actually.

Sun, 03/06/2016 - 23:08 | 7280474 peddling-fiction
peddling-fiction's picture

Hi there OldPhart. How is everything there in Florida?

I like your use of imagination when thinking about a bascule.

Is that a drawbridge of sorts?

Sun, 03/06/2016 - 23:12 | 7280487 OldPhart
OldPhart's picture

I haven't lived in Florida since 1990.  I'm back in the Mojave Desert where I grew up.

A bascule is the platform on a Guillotine that a person is strapped to.  Bascule represents a teeter-totter, it is a tipping mechanism.

Learn...otherwise when the time comes you won't be able to build your own.

http://www.theguillotine.info/how/

 

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