China

China

America's 24/7 Circus Maximus

Perplexed global public opinion holds its breath at the (circus) best American “democracy” is able to conjure.

"Eight Election Trades For November 8th"

On November 8th, the US Presidential election will take place. Below Bank of America lists eight trades, all specific to the election, some applicable to whoever wins, some dependent on the election result:

Foreign Buying Plummets In Vancouver: Sales To Foreigners Crash 96%

Overseas buyers accounted for a paltry 0.7% of the C$6.5 billion of residential real estate purchases in August in Metro Vancouver; this represents a 96% plunge from the seven weeks prior, when foreigners were responsible for 16.5% of transactions by value.

Ted Cruz Endorses Donald Trump: "After Many Months Of Prayer I Have Decided I Will Vote For Donald Trump"

"Our country is in crisis. Hillary Clinton is manifestly unfit to be president, and her policies would harm millions of Americans. And Donald Trump is the only thing standing in her way. A year ago, I pledged to endorse the Republican nominee, and I am honoring that commitment. And if you don’t want to see a Hillary Clinton presidency, I encourage you to vote for him" - Ted Cruz

Former Goldman Chief Economist Jim O'Neill Quits UK Government

While the UK has so far avoided to implode in a depressionary supernova in the aftermath of Brexit contrary to what most of the "experts" and Tokyo-owned UK journalists had predicted, changes are taking place, mostly among the top echelons of power. Earlier today, the latest political fallout from the Brexit vote was the news that former Goldman economist, and BRIC acornym creator, Lord Jim O’Neill, resigned from the U.K. government.

Frontrunning: September 23

  • Futures slip after three-day rally as oil dips (Reuters)
  • Charlotte protests diminish early on Friday as family views video (Reuters)
  • Undecided Voters Are Proving a Tough Sell for Clinton and Trump (BBG)
  • Facebook Overestimated Key Video Metric For Two Years (WSJ)
  • Trump received $1.6 million from Secret Service (Politico)

Global Central Bank-Driven Stock Rally Fizzles; Crude Rebounds On Saudi Oil Production Cut Report

Until minutes ago, this week's rebound in global equities appeared to be running out of steam as oil retreated from a two-week high and a dollar slide ended.  However, as noted just around 6am, Reuters reported, citing as it usually does various "anonymous sources", that in a radical departure from its long-held policy of not cutting production, Saudi Arabia was prepared to cut production on condition that Iran freezes output, which led to an instant spike in crude.

Syrian Politician: "WW III Has Begun, And It's Being Fought In Syria"

Syrian Social Nationalist Party representative Tarek Ahmad says that the war in Syria has reached a dead end, with the intervention of foreign powers turning the situation into a chaotic mess. Moreover, the politician says that Syria is just one front in a Third World War being waged by Washington and its allies.

More Troubling Evidence That Hillary Clinton Will Start WW3

Putin, a former KGB agent, “doesn’t have a soul,” Clinton quipped... Is this the sort of starting point you want from a new U.S. President? There’s a reason so many genuine progressives and liberals can’t stomach Hillary Clinton and refuse to vote for her. Sure, there’s the rampant embrace of cronyism and incessant oligarch coddling, but there’s also her penchant for bloodthirsty militarism.

Retired Green Beret Warns "We Haven't Been This Close To Nuclear War In A Long Time"

As can readily be seen by the current events, the world has not been this close to a nuclear war and World War 3 in a long time.  There are four major flashpoints right now that could easily escalate and ignite a powder keg, transforming from a regional conflict or conflicts into a world war: Syria, the South China Sea, Ukraine, and North and South Korea.  The “reconstruction” of a Cold War-type faceoff, initiated by the U.S. and NATO building up forces in Eastern Europe and facing off against Russia.