Japan
Why 'The Regime' Hates Gold
Submitted by Tyler Durden on 12/24/2015 20:10 -0500There’s only one investment we can think of that many people either love or hate reflexively, almost without regard to market performance: gold. And, to a lesser degree, silver. It’s strange that these two metals provoke such powerful psychological reactions - especially among people who dislike them. Nobody has an instinctive hatred of iron, copper, aluminum, or cobalt. The reason, of course, is that the main use of gold has always been as money. And people have strong feelings about money. From an economic viewpoint, however, money is just a medium of exchange and a store of value. Efforts to turn it into a political football invariably are signs of a hidden agenda, or perhaps a psychological aberration. So, let’s take some recent statements, assertions, and opinions that have been promulgated in the media and analyze them.
Has The Great Carry Unwind Arrived: Yen Surges After Warning USDJPY 100 Coming
Submitted by Tyler Durden on 12/24/2015 13:33 -0500Goldman, Decembert 20, 2015: "We think the BoJ is closer to easing further to attempt to achieve a successful reflation than it is to giving up altogether, and so we continue to expect $/JPY higher. We recommend being long $/JPY as part of our 2016 top trade recommendation (along with short EUR/$) and forecast $/JPY at 130 in 12 months"... Three days later, the USDJPY is 100 pips lower.
Japan To Restart Several Nuclear Plants, But Opposition Is Fierce
Submitted by Tyler Durden on 12/24/2015 10:50 -0500This won't end well... On Tuesday, Gov. Issei Nishikawa approved the restart of the No. 3 and No. 4 reactors at the plant in Fukui on the Sea of Japan, defying an injunction by the prefecture’s District Court that had been sought by residents living within about 60 miles of the nuclear facility.
China Proposes A Fix For Its Crashing Housing Market: "Transplant" 100 Million Farmers Into Its Cities
Submitted by Tyler Durden on 12/24/2015 07:46 -0500There is just one very big problem with this "solution"...
Global Stocks, Futures Flat As Santa Rally Runs Out Of Steam In Christmas Eve-Shortened Session
Submitted by Tyler Durden on 12/24/2015 07:02 -0500After a furious three day "dash for trash", no volume, no breadth, commodity-driven rally, even Santa is now exhausted and overnight US equity index futures were little changed with European and Asian shares mixed. The dollar has declines as gold, silver gain, with WTI initially continuing its recent meteoric rise (up over 8% in the past three days, nearly hitting $38), only to reverse and give up all overnight gains moments ago. Copper falls after Chinese stocks see a second day of weakness, down 0.7% while an unexpected tumble in the USDJPY to 7 weeks lows has dragged the Nikkei (-0.5%) and its futures down.
What Fresh Horror Awaits The Economy After Fed Rate Hike?
Submitted by Tyler Durden on 12/23/2015 22:30 -0500Rather, economic collapse is the greatest weapon at the disposal of globalists. National panic, riots, looting, starvation, magnified crime: All of these things result in mass die-offs and desperation. Desperation leads to calls for "strong leadership", and strong leadership usually results in totalitarianism. It might seem sensationalist to tie all of these possible outcomes to the Fed rate hike decision, but give it a little time. Those who make accusations of sensationalism and “fear mongering” today will be asserting tomorrow that such developments were “easily predictable.”
BofAML Fears "Violent" Unwinds As Central Bank 'Put' Expires
Submitted by Tyler Durden on 12/23/2015 15:35 -0500The market is well aware the price of risk is not correct, but they can’t fight it, and everyone is forced to crowd into the same trade by central bank (CB) intervention. By manipulating markets they have also reduced investors’ inherent conviction by rendering fundamentals less relevant, creating a highly unstable (fragile) situation that breaks violently when a sufficient catalyst causes risk to rise – overly crowded positioning meets a market with little conviction. Catalysts From BofAML's global equity derivatives desk's vantage point, it becomes clear that the biggest visible risk to financial markets is a loss of confidence in this omnipotent CB put.
How Would World Markets Respond To 4% Chinese GDP Growth? UBS Explains "The Dragon's Tail"
Submitted by Tyler Durden on 12/22/2015 22:10 -0500"The most important channel through which the Dragon's Tail scenario can affect other markets is trade, although financial linkages and market contagion could also have a significant impact on some markets and asset prices."
Six Signs That 2016 Will Be Much Worse Than 2015
Submitted by Tyler Durden on 12/22/2015 18:25 -05002015 has witnessed several events that had, and will have, negative repercussions on individual freedom. Orwellian totalitarianism is increasingly creeping into our everyday lives. How much more intrusive will the violations of our liberties become and for how long will the establishment get away with this? With regards to the financial system, no real solution was found to issues such as those in the euro zone. Furthermore, the financial system as a whole once again got deeper into debt. For how much longer can central banks and governments continue kicking the can down the road without any real reform?
China's Cost To Avoid The Dreaded Working Class Revolution: A Record CNY11.1 Trillion, And Rising
Submitted by Tyler Durden on 12/22/2015 12:37 -0500Even The Rich Are Cutting Back - Swiss Watch Exports Continue Collapse Despite Price Cuts
Submitted by Tyler Durden on 12/22/2015 10:57 -0500When the only healthy part of an already-impaired system turns negative, everyone will feel the resulting pain.
Futures Rise, Drop, Then Rise Again In Illiquid Session After China Promises More Stimulus
Submitted by Tyler Durden on 12/22/2015 06:55 -0500- Apple
- Australia
- Bond
- Carry Trade
- China
- Citigroup
- Copper
- Credit Suisse
- Crude
- Crude Oil
- Deutsche Bank
- Falcon
- FINRA
- fixed
- Ford
- France
- goldman sachs
- Goldman Sachs
- High Yield
- Hong Kong
- Housing Market
- Japan
- Monetary Policy
- national security
- Netherlands
- Newspaper
- Nikkei
- Personal Consumption
- Price Action
- Redstone
- Richmond Fed
- Unemployment
- Yuan
It has been a seesaw session with U.S. stock index futures following their dramatic buying burst in the last half hour of market trading yesterday by first rising, then falling, then rising again alongside European equities both driven almost tick for tick with even the smallest move in the carry trade of choice, the USDJPY, even as Asian shares trade near intraday highs after China’s leaders signaled they will take further steps to support growth.
Monday Humor? America's "Most Polluted" Nuclear Weapons Site To Become National Park
Submitted by Tyler Durden on 12/21/2015 17:01 -0500"Everything is clean and perfectly safe. Any radioactive materials are miles away"...
The Great Reflation Is Ending...Stocks Will Crash Just As They Did in 2001 and 2008
Submitted by Phoenix Capital Research on 12/21/2015 13:59 -0500In the last month, the ECB, US Fed and BoJ have all implemented new policies. ALL of their stock markets FELL afterwards.




