Friday, December 09, 2016
Euro-zone Crisis - The Soon To Erupt Euro Experiment / Politics / Eurozone Debt Crisis
THE EURO EXPERIMENT
It was always blatantly clear that an EU monetary union would inevitably require a political union to centralize decisions about tax and public spending. Without this occurring it was a misconceived and terrible blunder (that some of us argued it was when it was initially constructed) but it is turning out to be even worse than we originally perceived because of its underpinning Euro currency.
We are now witnessing that the EU experiment has become so damaging and divisive that public opinion will now never tolerate a political union. So not only was the cart put before the horse, but the horse will not now contemplate even following the cart at a distance!
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Friday, December 09, 2016
ECB ‘Bazooka’ Extended – Will Buy EUR 60 Billion Per Month Until At Least December 2017 / Commodities / Gold and Silver 2016
The ECB’s ‘Bazooka’ is back and ‘Super Mario’, the European Central Bank’s monetary magician did not disappoint QE addicted markets yesterday by extending ultra loose monetary policies and quantitative easing until at least December 2017.
The euro fell and gold rose 1.1% in euro terms from €1,090/oz to €1,102.85. Stocks globally moved higher, and European stocks look set for their best week since February, supported by the extended ECB currency printing and a calm, some would say complacent and irrationally exuberant, reaction to the Italian referendum.
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Friday, December 09, 2016
The Attack on “Fake News” Is An Outright Campaign for Censorship of the Truth / Politics / Propaganda
The buzzword “fake news” has popped into the popular lexicon in recent weeks.
We’ve been using that term for years, though, when referring to the mainstream media.
While poll numbers show that about 9 out of 10 people don’t trust the information they get from the mainstream media, they likely still have no idea just how fake it all is.
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Friday, December 09, 2016
Trump Debunks Notion of Russia Interfering in America’s Electoral Process / Politics / US Presidential Election 2016
Claiming it is utter nonsense. Not a shred of evidence suggests it. Irresponsibly blaming Moscow for hacking DNC emails or any other type interference in America’s electoral process reflects longstanding Russia bashing.
In response to being named Time magazine’s person of the year, Trump told the publication that accusing Russia is politically motivated. “I don’t believe it. I don’t believe they interfered,” he said, adding:
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Friday, December 09, 2016
Rolling Back America's Empire: Washington’s Proxy-Army Faces Decisive Defeat in Aleppo / Politics / Syria
Syrian Army helicopters dropped leaflets on parts of eastern Aleppo on Sunday warning anti-government fighters to surrender while they still had the chance. Hundreds of jihadists have already laid down their weapons and surrendered while a hardline corps of deadenders continue to fend off the rapidly advancing army.
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Friday, December 09, 2016
Global Market Perspective 3 Killer Charts, 2 Fast Looks at Politics / Stock-Markets / Financial Markets 2016
Global Market Perspective is Your Roadmap to Global Investment Opportunity
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Friday, December 09, 2016
SPX is back under its Cycle Top Resistance / Stock-Markets / Stock Markets 2016
The SPX structure appears to have morphed again. If you can find the structure, you can ascertain what the guidelines are.
The first is that A equals C at 2250.0. That doesn’t put a limit on it, but provides a guideline.
The second is that Wave [v] is 2.38 times [i] at 2251.91.
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Friday, December 09, 2016
Morrisons Cheap £10 Battery Powered 200 LED Christmas Lights Review / Personal_Finance / Shopping
Just how good are battery powered christmas lights as sold by Morrisons and many others? The obvious attraction is that there is no mains wiring involved so should be relatively easy to put up sets of lights all over the place.
This is a review of a string of 200 LED lights bought from Morrisons for just £10, though don't forget the cost of the batteries (£4), so total cost is £14 which Morrisons promises should last 60 days when on their 6 hour timer. Find out in our test if they at least last for the festive season or not and what do they actually look like in our comprehensive review.
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Thursday, December 08, 2016
Euro Devaluation Accelerates – Millions Of Europeans Wishing They’d Bought Gold / Currencies / Euro
ECB Chairman Mario Draghi’s announcement of bigger and better QE this morning should have surprised no one. The fact is that the eurozone is coming apart at the seams and the only tool left to delay the inevitable is easier money. As the following chart illustrates, the euro has been declining since 2008, with the descent accelerating lately.
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Thursday, December 08, 2016
Ireland EU Exit? - Wealthbuilder Stock Market Brief December 2016 / Stock-Markets / Stock Markets 2016
Irexit: Ireland may have to consider leaving the EU.
Since the Brexit vote this summer most national and international media outlets were focused on the American presidential election. However, one story that got lost in the Trump firestorm was the fact that it increasing looks like the Irish government will have to seriously contemplate leaving the EU should the terms of the British Brexit “divorce” be hard rather than soft.
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Thursday, December 08, 2016
Trump Could Fuel A Nuclear Energy Boom In 2017 / Commodities / Uranium
With Trump at the helm, sentiment gives way to practicality in the energy industry. For the vast untapped potential of the nuclear energy industry and the uranium that feeds it, this could contribute to a market-disrupting revival that no longer bows to fear and the politics of economy.
While there have been some oversupply issues keeping uranium prices down, the bigger problem has been negative sentiment rather than real fundamentals, but the Trump presidency will see through that.
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Thursday, December 08, 2016
Our Future Economy, Jobs, Banking, And Governance – Part2 / Economics / US Economy
One Possible Outcome - Future demographic impact on the global economy
Developing or emerging nations are still growing in population, are at a much younger average age, and are eager to own more goods. They do not yet have the long life span seen in advanced nations, and hence a larger proportion of their population remains as consuming spenders. Their spending patterns will promote the kind of consumer economic model that had existed in the more developed world of Europe and North America in the last century. Accordingly, consumer spending of emerging nations can be projected to rise for decades.
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Thursday, December 08, 2016
Developing Knowledge-Intensive Society and Knowledge Industrial Hub in Kerala: Global Applications and Implications / Economics / India
This is a work on Development Strategy based on Knowledge and Brain Power, rather than Capital and Technology, including Information Technology. It is prepared for the specific context of Kerala, one of the smallest Indian states and also known as ‘God’s Own Country’. Kerala has the highest digital connectivity. The proposed Kerala Model may have wider applications to various small and big countries, including India as a whole, in pursuing a Knowledge-Intensive Development Strategy (KIDS).
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Thursday, December 08, 2016
Crude Oil and Gold, Silver Precious Metals Link / Commodities / Crude Oil
Trading position (short-term; our opinion): Short positions (with a stop-loss order at $54.51 and initial downside target at $45.43) are justified from the risk/reward perspective.
On Tuesday, crude oil moved lower and lost 1.66% after data showed that OPEC production rose to about 34.2 million barrels per day in Nov, hitting another record high. In this environment, light crude slipped under $51 and approached the barrier of $50, and thus the short position that we had opened early during yesterday’s session were already profitable at its end. Will we see a drop below the key $50 level in the coming days?
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Thursday, December 08, 2016
Stock Market and the Great Middle Class Revolt Gets Bigger / Stock-Markets / Stock Markets 2016
With the U.S. presidential election now behind us, many investors feel they can finally breathe easy again after a nail-biting period of uncertainty since last year. The rally in the major equity market indices since Nov. 9 has been in large part a relief rally of sorts and has been broad-based. The sell-off in bonds has also been an indication of this collective relief.
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Thursday, December 08, 2016
Protectionist Trump Policies To Crash Dollar, Gold and Bitcoin to Soar / Stock-Markets / Protectionism
Many people seem to think Trump is going to “fix” the US by invoking the isolationist, nationalist, and oft failed economic policy of protectionism. But, as Ludwig von Mises put it in Nation, State and Economy, “From the purely economic point of view nothing speaks against free trade and everything against protectionism.” In other words, there is no economic argument in favor of protectionism. It is not a viable economic policy.
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Thursday, December 08, 2016
The Jaws of Life : The Most Hated Stocks Bull Market in History! / Stock-Markets / Stock Markets 2016
Tonight I would like to update the INDU we’ve been following which continues the upside move since the night of the US elections. Keep in mind some of these consolidation patterns began to form back in 2015 which had nothing to do with the US elections. It’s the billions upon billions of shares that were traded which produced this breakout move that is now being recognized for what it is. Even at this stage of the breakout move, there will be many doubters who will never recognize what is actually taking place. It can be very difficult to think outside of the box when we are bombarded everyday on how bad things are and how bad things are going to get. There has to be the proverbial wall of worry in order to have a bull market. Once the bull market becomes mature then the wall of worry comes down, and everyone is invited to invest in the markets, which will be at the blow off phase like in 2000.
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Thursday, December 08, 2016
How Trump Can Bring Outside-the-Box Thinking to Bear on the Fed / Interest-Rates / US Interest Rates
President-elect Donald Trump will soon have the opportunity to put his stamp on the Federal Reserve. And that is making the elite body of central bankers nervous.
On the campaign trail, Trump harangued Fed chair Janet Yellen for pumping up financial markets with cheap money – accusing the Obama appointee of being politically motivated.
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Thursday, December 08, 2016
Infrastructure A Budding Asset Class / Stock-Markets / Infrastructure
Infrastructure is the physical systems – the roads, power transmission lines and towers, airports, dams, buses, subways, rail links, ports and bridges, power plants, water delivery systems, hospitals, sewage treatment, etc. – that are the building blocks, the Legos, that fuel a countries, a cities or a community’s economical, social and financial development.
There is an undeniable, an unarguable connection between the quality of a countries economic competitiveness and its infrastructure.
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Thursday, December 08, 2016
Global Stock Markets Rise Into the New Year / Stock-Markets / Stock Markets 2016
Global markets are displaying on-going strength as 2016 closes out. And all indications show that early 2017 will be no different.
The benchmark for world markets, the Dow Jones Global Index (DJW), has successfully broken out in Q3, tested the support level of 311 and rebounded.
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