Friday, January 29, 2016
Market Friendly BoJ Action Means more Unfriendly CNY Devaluation / Stock-Markets / Financial Markets 2016
By: Ashraf_Laidi
The BoJ's decision to cut the interest rate on current account balances to -0.10% highlights the beginning of the end of Japan's asset purchase program due to insufficient bonds held by banks, pension funds and insurance companies.
The fact that the BoJ voted 5-4 in favour of negative rates and 8-1 to keep monthly assets purchases unchanged exposes the controversial nature of the decision to re-enter negative rates and the unfeasibility of adding fresh QE.
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Friday, January 29, 2016
Xerox - CEO Future Role, Icahn's Involvement, and Company's Debt / Companies / Corporate News
By: Bloomberg
Xerox Chairman & CEO Ursula Burns spoke with Stephanie Ruhle and David Westin on Bloomberg TV's "Bloomberg <GO>" to discuss that in an agreement with investor Carl Icahn, Xerox will split into two publicly traded companies.
Fortunately when we did speak to him, as you know he's a large holder of our shares, he agreed with the outcome we reached."
On Icahn's involvement going forward, Burns added: "On a go-forward basis he will be involved from a perspective when the company separates into two; he will have some governance input into the services business. Will not be engaged with the document technology business or with current Xerox business at all."
Friday, January 29, 2016
Stock Market Pop-n-Drop / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Good Morning!
What a night in the futures and forex markets! The Premarket is up, but this is to be expected in the final ramp of Wave (v) of [c] within a Broadening formation. So the Premarket is higher, but still under the previous high. Whether it makes a higher point 5 in the 5-point reversal is yet to be known. Either way, the reversal may be abrupt and strong. It is likely that the reversal into Wave 3 may begin by the end of the day.
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Friday, January 29, 2016
Seven Years of Monetary Quackery; Can the Fed Admit it Got it Wrong? / Interest-Rates / US Federal Reserve Bank
By: Mike_Whitney
America’s richest investors are betting trillions of dollars that the US economy will stay lousy for years to come.
Who are these wealthy investors?
Bondholders. And their views on the state of the economy are reflected in the yields on long-term US Treasuries. At present, the yields on long-term debt are very low which means that investors think the economy will continue to underperform while inflation remains in check.
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Friday, January 29, 2016
Japan Just Lit the Fuse on a $9 Trillion Debt Implosion / Interest-Rates / Global Debt Crisis 2016
By: Graham_Summers
Last night the Bank of Japan implemented Negative Interest Rate Policy, or NIRP.
It is the second Central Bank to do so. The European Central Bank or ECB first went to NIRP in June 2014.
Thus, between Japan and Europe, over 20% of the world’s GDP is being managed by a Central Bank with NIRP.
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Friday, January 29, 2016
Steve Forbes Speaks Out on the Presidential Race, Fed Recklessness, and Gold / Stock-Markets / Financial Markets 2016
By: MoneyMetals
Forbes Pulls No Punches in Exclusive Interview with Money Metals Exchange
Mike Gleason, Director, Money Metals Exchange: It is my great privilege to welcome Steve Forbes, Editor-in-Chief of Forbes Magazine, CEO of Forbes, Inc. to our Money Metals Exchange podcast. Steve is also author of many fabulous books, including Flat Tax Revolution, How Capitalism Will Save Us, and his latest work, Reviving America: How Repealing Obamacare, Replacing the Tax Code and Reforming the Fed Will Restore Hope and Prosperity. He's also a two-time Presidential candidate, having run in the Republican primaries in both 1996 and 2000. It's a tremendous honor to have him with us today. Mr. Forbes, thank you so much for joining us and welcome.
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Friday, January 29, 2016
US Stock Market & the Gold Sector Analysis / Commodities / Gold and Silver Stocks 2016
By: Gary_Tanashian
To review our stance, which is years along now, the gold sector is not going anywhere until it becomes widely accepted that developed stock markets, including and especially those in the US, are in bear cycles. We have also drawn analogies to the Q4 2008 event that took place in what felt like a nanosecond compared to today’s long, drawn out process. For this reason, a better ‘comp’ has been the 1999 to 2001 time frame. That was a process as well.
Friday, January 29, 2016
Gold and Silver Price Manipulation: Can It Be Empirically Verified? / Commodities / Gold and Silver 2016
By: GoldCore
Dr Brian Lucey, Dr Jonathan Batten and Dr Maurice Peat have just published some interesting research looking at the thorny issue of whether there is manipulation of gold and silver prices.
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Friday, January 29, 2016
USDJPY: "Diving" For Opportunity / Currencies / Forex Trading
By: EWI
Learn how protective stops keep you on the right side the trend
On a recent vacation to the Yucatan, my friend decided to get certified in scuba diving.
I, on the other hand, prefer breathing my air above water! But I did tag along with her to one of the classes, anyway. She learned how to handle and interpret all the various diver gauges: gas pressure, submersive pressure, depth, and on.
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Friday, January 29, 2016
Janet Yellen "Peddling Fiction" on a Worsening Economy... Doesn’t Raise Rates and Downgrades Outlook / Interest-Rates / US Interest Rates
By: Jeff_Berwick
We have made some very bold claims in the past. Since 2010, to many jears, we said that the Federal Reserve would never raise rates significantly again. Most laughed. They said that surely this crazy, emergency 0% interest rate policy was only temporary. Five long years passed, and even a Fed Chairman later, before finally, after seven years-to-the-day, on December 16th, Janet Yellen took the bold move to raise rates 0.25%.
Friday, January 29, 2016
Economic Headwinds: Big Players, Regime Uncertainty and the Misery Index / Economics / Global Economy
By: Steve_H_Hanke
Before we delve into the economic prospects for 2016, let’s take a look at the economies in the Americas, Asia, Europe and the Middle East/Africa to see how they fared in the 2014-15 period. A clear metric for doing this is the misery index. For any country, a misery index score is simply the sum of the unemployment, inflation, and bank lending rates, minus the percentage change in real GDP per capita. A higher misery index score reflects higher levels of “misery.”
Thursday, January 28, 2016
Stock Market Gloom and Doom / Stock-Markets / Stock Markets 2016
By: Stephen_Lendman
Sharply lower global equity markets since last August reflect years of Fed-led central banks’ money printing madness, running headlong into economic contraction and instability.
China when thriving is a key engine of world economic growth, a depressant when declining. Official numbers conceal how much, at best a small fraction of its earlier annual double-digit increases.
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Thursday, January 28, 2016
The Fed Passes the Buck: Blame Oil and China / Interest-Rates / US Federal Reserve Bank
By: MISES
C. Jay Engel writes: There are a handful of themes out there on recent market action that are either totally wrong or otherwise highly misleading. For instance, regarding the recent calamity in the capital markets, one especially apparent dichotomy has presented itself as offering two choices as to what, exactly, is causing the painful turbulence.
Thursday, January 28, 2016
Market Technicals Update: Can We Trust This Stock Rally? / Stock-Markets / Stock Markets 2016
By: Graham_Summers
The stock rally of the last few days has investors wondering if the bottom is in.
Unfortunately, it very likely is not.
High Yield bonds have lead stocks to the upside. They are now leading to the downside, and the High Yield bond market indicates we have further to fall. The stock rally looks out of place here.
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Thursday, January 28, 2016
Deep State: Inside Washington's Shadowy Power Elite - Video / Politics / US Politics
By: Jesse
“Our plutocracy, whether the hedge fund managers in Greenwich, Connecticut, or the Internet moguls in Palo Alto, now lives like the British did in colonial India: ruling the place but not of it. If one can afford private security, public safety is of no concern; to the person fortunate enough to own a Gulfstream jet, crumbling bridges cause less apprehension, and viable public transportation doesn’t even compute. With private doctors on call and a chartered plane to get to the Mayo Clinic, why worry about Medicare?”― Mike Lofgren, The Deep State: The Fall of the Constitution and the Rise of a Shadow Government
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Thursday, January 28, 2016
Stock Market Broadening Formation May be in the Making / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX ramped this morning from the Premarket and is carrying over into the open. We may be seeing a Broadening formation in motion. If so, the trendline top is near 1920.00 and the mid-Cycle resistance is 1929.79. All of this action is meant to punish both sides as stops are run again in both directions.
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Thursday, January 28, 2016
FOMC Dovish: Gold to Go Higher and Stocks to Bounce / Commodities / Gold and Silver 2016
By: Bob_Kirtley
The worsening of financial conditions this year led markets to price in rates to remain unchanged at the January FOMC meeting, with many speculating the Fed to deliver a dovish statement. This has now been realised. Language used described that the FOMC recognised that economic activity had slowed and that inflationary pressures and expectations had “decline further”. As a result, it will now take an improvement in financial market conditions for the Fed to hike again at their next meeting, which is in March.
Thursday, January 28, 2016
Tech Stocks Investment Opportunities Available Right Now / Companies / Tech Stocks
By: Boris_Dzhingarov
Whenever talking about dividends, there are sectors that operate a lot better than others. Investors from all around the world adore tech stocks. They manage to get a steady cash flow and there is always the possibility to get a very high payday.The market is filled with so many different opportunities. You can invest in many parts of the tech industry from the healthcare sector to a web and mobile developer. However, a lot of research is necessary to find the greatest investment options. In order to help investors, we should highlight some stock investment opportunities that will be great.
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Thursday, January 28, 2016
FOMC Announcement Sends Stock Market Indices South... / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices had a topsy-turvy day today, coming down hard in the morning, back up midday, they backed off until the FOMC, and then spiked right after the news for a few minutes, reversed very sharply, taking the Nasdaq 100 from 4218 down to 4112, more than 100 points. The S&P 500 then dropped from 1915 to 1872, a total of 43 points. It was a very nasty slide indeed. They managed to bounce, but really formed nothing more than bear flags, and closed down on the day.
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Thursday, January 28, 2016
Fed Message.....Global Economy Stinks!!!!... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
Fed Yellen made herself known to the world today by saying that she would keep the rates at 0.25 percent, for now, because she wanted to watch how things go globally on the economic front. That's what she said. What she didn't say, but clearly implied, was that the global economic situation is worsening far worse than I had envisioned. I blew it big time, and I don't know what to do. Someone help me as we're toast. She might raise 4 times, but it'll take many, many years for that to happen. She wanted to please the markets a month ago, so she raised a quarter, and said she'll keep raising in the hope the global situation would correct itself. It didn't! It worsened and worsened hard. She's stuck, and she knows it, and doesn't have a clue as to how to right her wrongs. Wrongs she continued after Bernanke blew it, and Greenspan blew it before them. No one worse than Greenspan.
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