Tyler Durden's picture

Calm Before The Payrolls Storm

With China markets closed for holiday until the middle of next week, and little in terms of global macro data overnight (the only notable central banker comment overnight came from Mario Draghi who confidently proclaimed that "economic growth is returning" which on its own is bad for risk assets), it was all about the USDJPY which has seen the usual no-volume levitation overnight, dragging both the Nikkei higher with it, and US equity futures, which as of this moment were at session highs, up 7 points. The calm may be broken, though, as soon as two hours from now when the September "most important ever until the next" payrolls report is released.

Tyler Durden's picture

In Major Humiliation, Government Admits Nearly 6 Million Fingerprints Were Stolen In OPM Hack

"The American people have no reason to believe that they’ve heard the full story and every reason to believe that Washington assumes they are too stupid or preoccupied to care about cyber security."

Tyler Durden's picture

The Crisis Of The Now: Distracted & Diverted From The Ever-Encroaching Police State

Unless we get up off our fat surpluses and recognize that television in the main is being used to distract, delude, amuse, and insulate us, then television and those who finance it, those who look at it, and those who work at it, may see a totally different picture too late.”

Tyler Durden's picture

Fed Cred Dead!

Last week was the watershed for central banking and for the illusion that the current disposition of things has a future

Tyler Durden's picture

9 Market Scenarios As Goldman Warns Stocks Are "Vulnerable"

Goldman Sachs said yesterday that financial markets are vulnerable because nobody can agree on what the Fed will do. While equity investors have been anticipating this moment with all the excitement and tension of a prizefight, as Bloomberg reports, bets on the outcome from the Federal Reserve’s rate decision are far more complicated than simply “win or lose” for stocks. Amid the tumultuous background, here are predictions of nine money managers and strategists on what to expect this afternoon...

smartknowledgeu's picture

The Hype Surrounding Today's Federal Reserve's Interest Rate Decision is Way Overblown

In the end, whatever the Feds announce at 2PM NY time today should not affect your long-term outlook on markets as neither of the two possible decisions will significantly alter the future fate of global markets. Instead, the most important thing to understand is the massive fraud that is systemic in the global financial system and to allow a deep and complex understanding of this fraud to drive your investment decisions.

Tyler Durden's picture

"Truthful" Trump, "Calm" Carson & The Naysaying-Nine - 2nd Republican Debate Live Feed

And then there were eleven (in tonight's main event)...

Tyler Durden's picture

North Korea Restarts Nuclear Complex, May Nuke US "At Any Time" For "Mischievous Behavior"

"If the U.S. and other hostile forces persistently seek their reckless hostile policy towards the DPRK and behave mischievously, the DPRK is fully ready to cope with them with nuclear weapons any time.”

smartknowledgeu's picture

The Alarming Regularity of 6 and 7-Sigma Events Illustrates Why a Deep Understanding of Banker-Induced Fraud is a Necessity

In today's SmartKnowledgeU_Vlog_005, we discuss why an intelligent investment strategy is impossible without incorporation of market & banker fraud analysis

Tyler Durden's picture

Global Trade In Freefall: South Korea Exports Crash Most Since 2009

While the market's attention overnight was focused on China's crumbling manufacturing and service PMI, data which was already hinted in the flash PMI reports earlier in August, the real stunner came not from China but from South Korea, which last night reported an unprecedented 14.7% collapse in exports, far worse than the -5.9% consensus estimate, and more than 4 times worse than July's 3.4%. The number is critical because not only do exports account for about half of South Korea's GDP but because it also happens to be the first major exporting country to report monthly trade data. That makes it the perfect barometer of global trade flows, or as the case may be, the canary in the global trade coalmine. It also confirms what we reported just one week ago when we said that "Global Trade Is In Freefall."

GoldCore's picture

“Like A Blind Man In A Dark Room Looking For A Black Hat Which Isn’t There”

The musings of the many wonderful minds who preach to goldbugs, contrarians, real anarchists, real patriots, conservatives and republicans, moralists, real believers in genuine free markets, solution seekers and a combination of them all, have had a significant impact on my worldview.

Tyler Durden's picture

Gold Surges Amid Asian Sea Of Red, China Strengthens Yuan By Most In 4 Months

Hong Kong's Hang Seng index is now down over 21% from the highs, having fallen over 9% in the last week, and Taiwan's TAIEX is down over 20% from April highs, joining Chinese stocks, both joining Chinese stocks in official bear markets. Japanese markets are down over 6% in the last few days (which Amari simply brushes off, blaming the global selloff stemming from China), a JGB trading volumes slump to a record low. Tensions in Korea are not helping. With all eyes on China's flash PMI (though why we are not sure since PBOC is already full liquidity-tard with CNY350bn this week alone), The PBOC fixed Yuan at 6.3864, up from yesterday's biggest strengthening in 3 months to 6.3915 (the biggest 2 day strengthening since April), and margin debt fell for the 3rd day. Gold is surging in the Asia session, near $1160.

Tyler Durden's picture

North Korea Declares State Of War After Argument Over Loudspeaker Spirals Out Of Control

Tensions were already running high across the DMZ in the Korean Peninsula, and then someone took a shot at a speaker...

Tyler Durden's picture

North Korea Threatens To "Invade USA," Use Weapons "Unknown To The World"

If Washington does not cancel its planned military exercises with South Korea, North Korea has issued new nuclear threats and says it is ready to us its latest weapons, which "are unknown to the world." The drills, called Ulchi Freedom Guardian, are due to start Monday are designed to "protect the region and maintain stability on the Korean peninsula." However, as expected Pyongyang is not happy, "If [the] United States wants their mainland to be safe," said state TV, "then the Ulchi Freedom Guardian should stop immediately."

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