Tuesday, September 22, 2015
The Great Deflation Will Destroy All Bubbles – These Too / Stock-Markets / Deflation
It’s not enough that jobs are less stable, or that the ones we’re adding are increasingly more part-time…
It’s not enough that rapidly growing student loan costs are plaguing more young echo boomers and millennials…
It’s not enough that the high costs of education are increasing the inequality gap and making upward mobility impossible…
Tuesday, September 22, 2015
Behind the Fed’s Decision: The Government Numbers Don’t Add Up / Interest-Rates / US Interest Rates
After keeping the markets on edge in the days and weeks leading up to today’s decision, the Fed has decided once again to leave interest rates unchanged.As we’ve spent this week discussing “all things Fed,” it’s worth spilling a little ink on what the quasi-government-but-really-private organization is supposed to do.
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Tuesday, September 22, 2015
NYSE Margin Debt Raise Stock Market Key Questions / Stock-Markets / Stock Markets 2015
It's happening again. The amount of margin debt balances at New York Stock Exchange member firms fell to $473,412 billion in August, down 2.9% from September. It is the 2nd consecutive monthly decline and the first back-to-back monthly drop since December-January.
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Tuesday, September 22, 2015
Stock Market Plunge Begins / Stock-Markets / Stock Markets 2015
Good Morning!
The SPX Premarket is down over 30 points as I write. There is another hour left before the cash market opens, so the probability of a “limit down” at the open or during the trading session is rising. If such a circuit breaker is reached, the market is halted for 15 minutes. The triggers are set at 7%, 13% and 20%.
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Tuesday, September 22, 2015
Steps from a Deep October Stock Market Selloff / Stock-Markets / Stock Markets 2015
For some reason there was a late flurry of expectations that the FED was going to raise rates this past week. Many in the media would like us to believe that we've finally transitioned out of an economic intensive care and that the economy is ready to stand on its own two feet. Evidence to support the idea is the employment picture, which when taken on the surface provides the illusions that we're in a healthy and thriving economy.
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Tuesday, September 22, 2015
The Massive Debt Bubble Will Push Silver Prices Much Higher / Commodities / Gold and Silver 2015
Silver had a spectacular rise in price from about August 2010 to April 2011. In fact, it was so impressive that some thought the peak was the end of the bull market for silver. After all, silver had risen about 12.33 times from its bottom in 2001.
However, from the fact that the April 2011 did not surpass the all-time high of 1980, it should have been evident that this was no end of a bull market. Real bull markets form peaks much higher than any previous highs.
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Tuesday, September 22, 2015
Keynes Would Be "Buying Gold Hand Over Fist" Today / Commodities / Gold and Silver 2015
- What Keynes would think of today’s “Neo-Keynesians”
- Unlike his acolytes, he understood the value of gold and the dangers of currency debasement
- Keynes did not desire “a world where currencies are backed by nothing more than a governmental promise to pay while the printing presses whirled unchecked”
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Tuesday, September 22, 2015
What to Expect from Stocks into 2016 / Stock-Markets / Stock Markets 2015
MoneyMorning.com D.R. Barton writes: We're living in the proverbial interesting times.
As a technical trader, it's intriguing to me that all the headline-generating volatility – and U.S. Federal Reserve inaction – we've seen lately really hasn't made the market nosedive or skyrocket for any significant length of time.
And so investors, who need to know what's coming next, are looking in some strange places to find the answer.
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Tuesday, September 22, 2015
Defending National Sovereignty from the NWO / Politics / New World Order
In a world that is virtually unrecognizable from the universal principles that underpinned Western Civilization, the fundamental concept of national sovereignty is being attacked as a relic of a former age. The New World Order is designed to eliminate the self-government of sovereign nations. While individuals live under the domain of established states, the fact that specific regimes operate within and often under the auspices of international hegemony that routinely violates the independence of specific countries is undeniable. The “world community” is not a voluntary association of collaborating governments; it is a euphemism of a top down despotic authoritarian system for global control and punishment for uncooperative governments.
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Tuesday, September 22, 2015
Merkel’s Next Big Headache: Volkswagen’s ‘Defeat Device’ / Companies / Germany
Angela Merkel has another huge headache on her plate. She seems to attract those these days. And given how she’s been dealing with the last few migraines coming her way, perhaps she deserves them.
For now, it’s a story of one carmaker, Volkswagen. And in one country, the USA. A country in which the diesel engine is somewhat of an orphan, making up just a few percent of the total car market. But the “defeat device” scandal will not stop there.
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Tuesday, September 22, 2015
War on Cash, Bank of England Planning Hyper QE, Scrapping Cash for Digital Currency / Interest-Rates / Central Banks
The Bank of England announces its latest cunning plan in its ongoing 'War on Cash' under the cover of Europe's refugee crisis that is witnessing Eastern European hypocrisy, such as that of Hungary forgetting its own past of sending hundreds of thousands of refugees westwards for over 60 years, and the most recent wave of 1 million or so of economic migrants many of whom receive in work benefits such as tax credits, nevertheless balk at the thought of giving refuge to a single refugee and instead have mobilised their crack troops against defenseless men, women and children.
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Tuesday, September 22, 2015
Stock Market Fear Versus Fundamentals....No Winner For Now.... / Stock-Markets / Stock Markets 2015
A horrible market environment exists when there are have two opposing forces battling it out, each with a great weapon on their side. The bulls have a very powerful weapon in the form of fear. The masses are very fearful here. Pessimism is ramping. The bears also have a strong weapon on their side. A weakening, global, economic environment. Two powerful market forces fighting it out every single day. Since sentiment is such a strong force all the time in the market it's going to be nearly impossible to break forcefully below 1867 on a closing basis. Not impossible, of course, but very difficult. It would take some really bad news to make that a reality.
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Tuesday, September 22, 2015
World Enters Twilight Zone Where Markets Demand Higher Interest Rates / Stock-Markets / Stock Markets 2015
So the Fed decides not to raise rates, and global stocks tank. Then they trot out their in-house PR staffer Jim Bullard to proclaim that rates will go up next month — and US stocks rally. What’s going on here?
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Tuesday, September 22, 2015
"Interest Rates Drive Stocks"? See 4 Charts That Tell You the Truth / Stock-Markets / Stock Markets 2015
These 4 charts show why you should be careful with this common investment "wisdom"
Robert Prechter's monthly Elliott Wave Theorist once published a ten-part study explaining why traditional financial models failed to foresee the 2007-2009 financial crisis -- and, more importantly, why they are doomed to fail again (and again).
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Tuesday, September 22, 2015
Conspiracy Facts Show Precious Metals Prices Have to Rise / Commodities / Gold and Silver 2015
Even in a frozen metals price market, it only takes one event to shake off the paper manipulation keeping prices below what supply and demand fundamentals of a free market would dictate. And when that correction comes, it could happen quickly. In this interview with The Gold Report, The Morgan Report Publisher David Morgan shares his favorite ways to own leverage to metals prices upside while protecting against junior mining risk.
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Monday, September 21, 2015
Income Options for Seniors Running Out of Money / Personal_Finance / Pensions & Retirement
Marc Lichtenfeld writes:Many people remember fondly when their parents gave them allowances for doing chores around the house or maybe a few bucks for their birthdays.
However, with over half of today’s seniors unable to pay for their basic needs, more and more adult children are taking care of their parents’ finances.
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Monday, September 21, 2015
Citibank Calls for Helicopter Money Drops across the Globe / Stock-Markets / Quantitative Easing
Stefan Gleason writes: A quietly panicking Janet Yellen and the Federal Open Market Committee (FOMC) decided the U.S. economy still isn’t ready for an interest rate hike last week and left the Fed funds rate at essentially zero – the same level to which the Fed’s credibility has now sunk.
After incessantly hyping the notion an economic recovery would allow the “normalization” of interest rates, the decision not to act suggests the economy is much weaker than they have attempted to persuade us.
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Monday, September 21, 2015
Stock Market Just Formed a “Death Cross” - Should You Worry? / Stock-Markets / Stock Markets 2015
By Justin Spittler
The world economy appears to be stalling…
Yesterday, we got news that South Korea’s exports dropped 14.7% since last August...their largest decline since the financial crisis. It’s far worse than the 5.9% drop economists were expecting.
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Monday, September 21, 2015
Refugee Crisis - Merkel Opens the Flood Gates / Politics / Refugee Crisis
“The European Project has very little economic and political capital left to defend it if anything goes wrong now. As Mr Juncker says, the bell tolls.”
– Ambrose Evans-Pritchard
Perhaps I should issue a storm warning for this letter. Maybe it’s because I had major gum surgery on my entire lower jaw this week and am in a bit of discomfort, but as I read the news coming through my inbox, it’s not helping my mood. This week’s letter will focus on the immigration crisis in Europe – after I muse on what I think is the very disturbing aftermath of this week’s Federal Reserve meeting.
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Monday, September 21, 2015
Liquidity May be Leaving the Markets / Stock-Markets / Stock Markets 2015
Good Morning!
SPX appears to have completed its first impulse from the high on Thursday. This morning’s Premarket shows SPX up about 12 points, and may go as high as the lower trendline of the Flag or Wedge formation at 1980.00. That would constitute a 34% retracement, which would be average for this position. But the futures are already showing weakness, so there are no assurances of that target being met.
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