Frontrunning: November 19
Submitted by Tyler Durden on 11/19/2015 07:42 -0500- Soothing Fed sounds send shares, emerging markets higher (Reuters)
- Belgian Police Conduct Raids in Connection With Paris Attacks (WSJ)
- The Paris Attacks Can’t Lead to a Closed Europe (BBG)
- Alleged Mastermind of Paris Attacks Was ‘Emir of War’ (WSJ)
- U.S. Eyes Russia-Iran Split in Bid to End Syria Conflict (WSJ)
- Despite tensions, Asia-Pacific nations close ranks against terrorism (Reuters)
Dead Unicorn Walking: Square IPOs At $9, 42% Below Latest Private Financing Valuation
Submitted by Tyler Durden on 11/18/2015 19:43 -0500If having to slash valuations by 30% from the latest private financing round was not bad enough, Square's IPO just priced notably below the expected (already lowered) range of $11-13 (and even further below the $15.46 at which it raised private money last year):
*SQUARE SAID TO PRICE 27M IPO SHARES AT $9 EACH, REUTERS REPORTS
So from a private valuation around $6 billion to this, and along with Fidelity marking down its SnapChat valuation, it appears that without another massacre in a major city, risk appetite for these paper-behemoths may have gone the way of the mythical unicorn itself.
"Buy The Terror Attack Dip" Continues: Dow Recovers Post-FOMC Losses As Crude Bounces Back
Submitted by Tyler Durden on 11/18/2015 16:04 -0500Bitcoin and The Blockchain - Banks Must Embrace Or “Die”
Submitted by GoldCore on 11/18/2015 12:19 -0500Editors Note: GoldCore believe that blockchain technology will revolutionise the world of finance, payments and money and may have an impact on the world on a scale of that of the internet. If you thought the “internet” was disruptive, well you ain't seen nothing yet ... the blockchain cometh!
War Is Good? Weapons Manufacturers Stocks Soar After Paris Attacks
Submitted by Tyler Durden on 11/18/2015 10:19 -0500On Monday, nearly as soon as the markets opened, stocks for weapons manufacturers began to soar. In fact, it could be argued that the financial incentive created by both the weapons industry and the plunder of foreign resources, is what drives governments to war to begin with. In fact, a recent study proved that resource-rich nations are 100 times more likely to have a foreign power intervene in their internal conflicts.
"We Could See Bullets Flying And Laser Beams": Full Paris "Mastermind" Raid Summary
Submitted by Tyler Durden on 11/18/2015 07:25 -0500
Caught On Tape: Russian Cruise Missile Flies Above Syria As Moscow Deploys Strategic Bombers
Submitted by Tyler Durden on 11/17/2015 23:30 -0500Below is a clip of what is a Russian cruise missile (it may or may not have been the one whose remains are shown above) launched by one of the Russian strategic bombers currently operating above Syria.
Anonymous Kills 5,500 ISIS Social Media Accounts After Paris Terror Attack
Submitted by George Washington on 11/17/2015 17:03 -0500Anonymous Is Doing More to Unplug ISIS Than All the Western Intelligence Agencies
Hannover Police Warn "Find Safety, Don't Stay In Groups" After Explosives Allegedly Discovered, Football Game Evacuated
Submitted by Tyler Durden on 11/17/2015 15:56 -0500Hannover chief of police: "There was a device intended to be detonated inside the stadium... You don't know what a perpetrator is possibly planning. Don't stay in groups. Find safety."
Reports that German police have discovered a truck bomb disguised as an ambulance near football stadium in Hannover.
U.S. Mint Sales of Gold Coins Fall In October After 234% Surge in Q3
Submitted by GoldCore on 11/17/2015 12:20 -0500Editor’s Note: Last week gold price fell to 5 year lows and weakness again saw canny buyers accumulate on the dip. Sales of U.S. Mint gold coins jumped the most in nearly three months. The 2015 $10 American Gold Eagles actually sold out.
Explosion, Fire Reported At Chinese Chemical Factory (Again)
Submitted by Tyler Durden on 11/17/2015 10:36 -0500Count us incredulous at this point (and we're sure we aren't the only ones), but it looks as there has been yet another explosion at a Chinese chemical facility, this time in Liaoning.
Gold Remains “Best Insurance For A Crisis” - Ficenec
Submitted by GoldCore on 11/16/2015 11:50 -0500Editor’s Note: The tragic events in Paris, terrorism and war throughout the world, show geopolitical risk remains high. These risks will likely impact economies and financial markets and will see continuing safe haven demand for gold. “The future is uncertain and gold is the most effective insurance against that.”
Stocks Jump On Hope For More Central Bank Intervention After Japan's Quintuple Recession, Syrian Strikes
Submitted by Tyler Durden on 11/16/2015 07:03 -0500- Belgium
- Bond
- British Pound
- Central Banks
- China
- Consumer Confidence
- Consumer Sentiment
- Copper
- CPI
- Crude
- Crude Oil
- Eurozone
- Flight to Safety
- Foreclosures
- France
- Germany
- goldman sachs
- Goldman Sachs
- headlines
- Housing Market
- Housing Starts
- Italy
- Japan
- Jim Reid
- Leading Economic Indicators
- Market Manipulation
- Middle East
- Monetary Policy
- NAHB
- Neo-Keynesian
- Nikkei
- North Korea
- Philly Fed
- Recession
- Trade Balance
- Turkey
- Volatility
- Yen
As so often happens in these upside down days, was the best thing that could happen to the market, because another economic slowdown means the BOJ, even without sellers of JGBs, will have no choice but to expand its "stimulus" program (the same one that led Japan to its current predicament of course) and buy up if not government bonds, then corporate bonds, more ETFs (of which it already own 50%) and ultimately stocks. Because there is nothing better for the richest asset owners than total economic collapse.
The False Flag Link: Syrian Passport "Found" Next To Suicide Bomber Was "Definitely A Forgery"
Submitted by Tyler Durden on 11/15/2015 22:12 -0500The already laughable story that the passport of a Syrian refugee had been found next to the bodies of one of the dead terrorists took an even more surreal twist when we learned hours ago that according to both French and US sources, the passport was most likely a fake.
An Infographic Look At Russia's Advanced Anti-Aircraft Missile Defense System
Submitted by Tyler Durden on 11/15/2015 21:50 -0500





