Tuesday, February 02, 2016
EU UK Draft or Daft Agreement By Donald Tusk to Members of the European Council in Full / Politics / EU_Referendum
By: Nadeem_Walayat
David Cameron's The long awaited agreement with Donald Tusk that was said would settle the UK's place in the European Union for once and for all ahead of an EU in out referendum. On first glance the lengthy 150 page+ proposal looks confusing and contradictory in places whilst weak on actual substance of what David Cameron had set out as his red lines on benefits and controlling unlimited EU migration. I am going to have to spend several hours trying to understand this MESS, but it does appear to be complete and utter slap in the face for Britain, which itself will be heavily watered down by predominantly eastern european states that are on the receiving end of £15 billion per annum in transfer payments from UK tax payers such as benefits claimed sent home to support eastern european economies.
Tuesday, February 02, 2016
How the Blockchain and Gold Can Work Together / Commodities / Gold and Silver 2016
By: Thorsten_Polleit
A look into monetary history shows that people, when given freedom of choice, opted for precious metals as money. This doesn’t come as a surprise. Precious metals have the physical properties a medium must have to serve as legal tender: They are scarce, homogenous, durable, divisible, mintable, and transportable. They are held in high esteem and represent considerable value per unit of weight. Gold fulfills these requirements par excellence, and this is why it has always been peoples’ first choice in terms of money. Gold has proven its merits as money for millennia; it is the ultimate means of payment.
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Tuesday, February 02, 2016
Were Iowa Caucuses Rigged? / ElectionOracle / US Presidential Election 2016
By: Stephen_Lendman
America is notorious for electoral rigging, fraud commonplace since at least the 1824 presidential race, the outcome called the “Corrupt Bargain.”
No winner emerged. Under 12th Amendment rules, House members decided, choosing John Quincy Adams after weeks of hard bargaining over Andrew Jackson, a future US president.
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Tuesday, February 02, 2016
Stock Market Eighth Year Returns / Stock-Markets / Stock Markets 2016
By: Ed_Carlson
As explained in last week's article, my Hybrid Lindsay model is pointing to a high in the Dow today, February 1st. Whether it is today, tomorrow, last Friday, or some other day very close to today, I have every reason to believe equities will begin a decline now that will likely continue for the remainder of the month.
And it is more than just the Lindsay model that has me convinced markets will decline into the first of March. Seasonally, during election years, equities decline for the first two months followed by a rally into April.
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Tuesday, February 02, 2016
Epic Currency War Battle: Hedge Funds Versus China / Currencies / Currency War
By: John_Rubino
George Soros’ successful bet against the British pound back in 1992 remains one of financial history’s epic tales.
The short version of the story begins with Britain linking its currency, the pound, to the German deutschmark via the European Exchange Rate Mechanism (ERM). But Britain’s inflation rate was higher than Germany’s, which created a growing mismatch between the currencies’ real value.
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Tuesday, February 02, 2016
GBPUSD And USDCAD Elliott Wave Analysis / Currencies / Forex Trading
By: Gregor_Horvat
GBPUSD
GBPUSD bounced nicely to the highs earlier which we thought its going to be wave 5 of C), but a quick reversal down from 1.4443 high suggests that wave 4 can still be unfolding as a triangle. That said, upside may not be done yet for cable, so be aware of 1.4500 before market turns down with new impulse. Leg down from here and daily close beneath 1.4317 will indicate that wave C) is done anyway. Generally speaking, new reversal can be in the cards soon, but latest price move suggests that we are not there yet.
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Tuesday, February 02, 2016
Europe: Why It's Going to Get a Lot Worse Before It Gets Better / Economics / European Union
By: EWI
New interview with our European markets expert
Brian Whitmer, the editor of our monthly European Financial Forecast, explains what indicators helped him anticipate market volatility.
You'll also learn what he's expecting for the year ahead in European stocks.
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Tuesday, February 02, 2016
The Next Generational Bust Is Coming, Stock Market 70% Collapse / Stock-Markets / Stocks Bear Market
By: Harry_Dent
Oil can’t seem to get a break. After falling just below $27 last week, oil finally rallied back to $32 before falling back to just under $31 on Tuesday. An oversold bounce was naturally due, with perhaps a bit more to come. But the oil market’s doing exactly what I said it would – cratering!Meanwhile, in la-la land, stocks have been so focused on the decline in oil prices that they just ignored the other big trigger for a stock decline.
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Tuesday, February 02, 2016
Rodney Johnson: Time For Retailers to Panic? / Companies / Retail Sector
By: Rodney_Johnson
By most accounts, holiday retail sales were a letdown. While retail sales climbed 3.3% over November and December, stores reported a 6.4% drop in foot traffic. So even though people might have spent a bit more, they were choosy in where they spent.When customers spend less, companies earn less, affecting the bottom line. This relationship is on display at companies like Macy’s, which warned that sales were off 4.7% in November and December. The company plans to close stores and lay off thousands of workers. The same story is unfolding at Gap.
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Tuesday, February 02, 2016
The Coming Stock Market Decline May be a Monster / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Good Morning!
The SPX Premarket appears to be challenging yesterday’s low at 1920.30.
ZeroHedge reports, “It certainly does feel like groundhog day today because while last week's near record oil surge is long forgotten, and one can debate the impact the result of last night's Iowa primary which saw Trump disappoint to an ascendant Ted Cruz while Hillary and Bernie were practically tied, one thing is certain: today's continued decline in crude, which has seen Brent and WTI both tumble by over 3% has once again pushed global stocks and US equity futures lower, offsetting the euphoria from last night's earnings beat by Google which made Alphabet the largest company in the world by market cap.”
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Tuesday, February 02, 2016
UK Buy-to-let Market Unfazed by Stamp Duty Changes / Housing-Market / Buy to Let
By: MoneyFacts
Yesterday saw the close of the Treasury’s consultation on higher rates of Stamp Duty on additional properties. However, data from Moneyfacts.co.uk can reveal that, despite all the talk surrounding the sector, buy-to-let (BTL) mortgage rates are continuing to drop.
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Tuesday, February 02, 2016
S&P 500 Has Likely Entered a New Bear Phase / Stock-Markets / Stock Markets 2016
By: Submissions
Ken Ticehurst writes: The S&P 500 has now more than likely entered a new bear phase which could well last for most of 2017 the monthly close signalled the probability that a multi month decline is underway. Since 2008 the S & P 500 has enjoyed one of its largest and longest and rises in modern times, our long term chart below shows this Bull Run in context. Read full article... Read full article...
Tuesday, February 02, 2016
Bad GDP...Bad ISM....Bad AMZN.....Good Japan....Japan Wins.... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
The market has had a lot of bad news to deal with as of late. Two of the worst are the GDP, and the awful news out of the ISM Manufacturing Report this morning. The number 48.2 is showing contraction for our economy and further contraction from the prior month. Things are going the wrong way for our economy. The market should have gotten annihilated today. It decided not to because it can. The market seemingly wants to retrace higher for reasons that make literally no sense to me. We should have stopped before this level, but the MACD's are crossed, and, thus, the market tries.
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Tuesday, February 02, 2016
SPX Making a Last Stand / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX appears to be stalling at 1947.29, very close to a 50% Fib retracement (1946.92). That also comes out to nearly an exact 8.6 days of rally after 13.5 days of decline. If my Cycles Model is accurate, it anticipates 8.6 days of decline, suggesting a low on Thursday morning, February 11.
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Tuesday, February 02, 2016
How and Why To Move Your Assets Offshore Before the Financial Collapse / Stock-Markets / Financial Crisis 2016
By: Jeff_Berwick
[The following is by Paul Seymour, Managing Partner of TDV Offshore]
I worked for several years with Big 4 CPA firms in both the US and Saudi Arabia, and then spent many years as a multi-national corporate Controller and CFO in places like Florida, Riyadh, Abu Dhabi, Cairo, and Medellín. In my second, more free life, I’ve found satisfaction helping others better position themselves to avoid the onrushing financial catastrophe via variety of international strategies.
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Monday, February 01, 2016
The Davos Confetti Club / Stock-Markets / Financial Markets 2016
By: Michael_Pento
The Keynesian elite gathered in Davos Switzerland this past week to pontificate on global economic issues and to strategize the engineering of The Fourth Industrial Revolution. This new so called “revolution” includes a discussion on the future of Artificial Intelligence. Judging by the comments coming from most of the list of attendees, it seems obvious the intelligence on display was indeed faux. But the most important take away from this venue was that central bankers have made it clear to the markets that the level and duration of quantitative counterfeiting knows no bounds.
Monday, February 01, 2016
Central Bank Created Silver Price Rally / Commodities / Gold and Silver 2016
By: DeviantInvestor
Central banks have created a mess, unless you enjoy unemployment, crashing economies, a wave of bankruptcies, and half of the world’s assets owned by only a few people.
Monday, February 01, 2016
Gold and Silver Bullion Up 5.3% and 3.4% In January as Stocks Fall Sharply / Commodities / Gold and Silver 2016
By: GoldCore
Gold and silver rallied (5.3% and 3.4% respectively) in January, as stocks fell sharply.
Turmoil and sharp falls in Chinese and global stock markets, plunging oil prices, rising stress in credit markets and further signs of weak US and global growth led to a renewed bout of risk aversion in January.
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Monday, February 01, 2016
Savers Wait for a Miracle as the Savings Market Stagnates / Personal_Finance / Savings Accounts
By: MoneyFacts
The savings market has suffered considerably over the past few years thanks to lending initiatives and a low bank base rate, and the latest research from Moneyfacts.co.uk shows that savings rates have been on a clear downward trajectory as a result.
Since 2011, the average rate on a two-year fixed bond has almost halved, down from 3.20% five years ago to just 1.72% today. A similar pattern can be seen on longer-term bonds, with five-year fixed rates recording a drop from 4.01% to just 2.59% over the same period. Easy access deals have not been left unscathed from poor returns either, with a staggering 75% of the market paying 1% or less.
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Monday, February 01, 2016
The Fed Is Not Hiking Rates: Risk Assets To Perform / Interest-Rates / US Interest Rates
By: Bob_Kirtley
The landscape of global monetary policy is changing. In late 2015 we had the Fed hiking, signalling more to come, the ECB holding back on fresh QE and even the BOJ, which has engaged in more easing than any other central bank in history, was sitting on its hands.
That tune has changed.
The BoJ moved to negative rates this week. The Fed didn’t hike and signalled that they aren’t going to hike in the short term. The ECB is making noises about expanding its QE programs. In this article we explore direction of monetary policy going forward and its implications for financial markets.
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