marctomarket.com / by Marc Chandler / December 19, 2014
This Great Graphic, from Bloomberg, depicts the performance of three global equity benchmarks indexed to the start of the year. The green line is MSCI Emerging Market equity index. It had been doing well until early September. It has been crushed since. The case for emerging […]
marctomarket.com / Marc Chandler / December 19, 2014
For many investors, today marks the end of the year, but it is ending on a favorable note. The combination of the FOMC meeting and the SNB adoption of negative interest rates underscored the dollar and equity bullish divergence theme. It struck us that too many […]
zerohedge.com / by Erico Matias Tavares via Sinclair & Co. on 12/18/2014 11:00
There are some signs of trouble in emerging markets. And the money at risk now is bigger than ever.
The yield spread between high grade emerging markets and US AAA-rated corporate debt has jumped, almost doubling in less than three weeks […]
theautomaticearth.com / by Raúl Ilargi Meijer / December 18, 2014
“World finance is rotating on its axis. The stronger the US boom, the worse it will be for those countries on the wrong side of the dollar”. [..] “Pimco’s Emerging Market Corporate Bond Fund bled $237m in November, and the pain is unlikely to […]
gold-eagle.com / Walter J. “John” Williams / December 17, 2014
Rosy GDP numbers may have cheered the masses, but John Williams of ShadowStats.comsays we’re a long way from prosperity. In this interview with The Gold Report, Williams debunks the myth of economic recovery and warns that we still have serious debts to settle. That is […]
gold-eagle.com / Nadeem Walayat / December 17, 2014
For as many years as I can remember and 2014 has been no exception, the most vocal mantra that can often be heard is one of warnings of an always imminent U.S. Dollar collapse as a consequence of a myriad of highly convincing arguments such as a […]
bullionbullscanada.com / by Jeff Nielson / Wednesday, 17 December 2014 13:51
U.S. economic terrorism (i.e. the One Bank’s economic terrorism) has hit a new extreme this week. This crime syndicate has launched what can be termed nothing less than an all-out effort to destroy the economy of Russia.
Its modus operandi is, once again, […]
gold-eagle.com / Axel Merk / December 17, 2014
Will there be a stock market crash? What will happen to the dollar, gold, bonds and currencies? Recently, at the New Orleans Investment Conference, Pamela and Mary Anne Aden, known as the Aden Sisters, sat down with Axel Merk: each of them have decades of experience […]
bullionstar.com / by Koos Jansen / 17 Dec 2014
The United States declared economic war on Russia. It is hard to pinpoint the why of the matter but in this author’s opinion it always comes back to US dollar dominance. Russia has made no secret of its disdain for the global pricing mechanism of oil. […]
alt-market.com / Brandon Smith / Wednesday, 17 December 2014 06:29
As I write this, the news is saturated with stories of a hostage situation possibly involving Islamic militants in Sydney, Australia. Like many, I am concerned about the shockwave such an event will create through our sociopolitical structures. However, while most of the world will […]
caseyresearch.com / Ed Steer / December 17, 2014
¤ YESTERDAY IN GOLD & SILVER
The gold price began to rally the moment that trading began in New York on their Monday evening, but barely got a sniff of the $1,200 spot before getting capped—and then chopped sideways within a five dollar price range until about […]
theautomaticearth.com / by Raúl Ilargi Meijer / December 16, 2014
Few may have noticed it to date, but it’s not like we still live in the same world, just with lower oil prices. We live in a different world altogether, with the changes between the new and old brought about by the (impending) disappearance […]
zerohedge.com / By Guy Haselmann via Scotiabank / 12/16/2014 13:0
Via Scotiabank’s Guy Haselmann,
The current market environment means that prices of securities can move wildly and to previously unforeseen and unexpected levels. For many, P&L management and financial survival will trump economic valuation. Capital is flowing quickly in a market place rife with compromised […]
sovereignman.com / by Simon Black on / December 16, 2014
Last night, the Russian central bank announced a shock decision to hike up its key interest rate from 10.5% to 17%, effective immediately. Incredible.
On Monday alone the ruble declined more than 9% against the dollar, and almost 50% in 2014. It looks like a […]
marctomarket.com / by Marc Chandler / December 16, 2014
This Great Graphic was composed on Bloomberg. It draws on the Bank of England’s trade-weighted indices of the dollar (yellow line), the euro (white line), and yen (green line). The data was further indexed to the end of 2009.
Trade-weighted measure is more important than bilateral […]
goldsilverworlds.com / Gary Christenson / December 15, 201
War and Inflation From Earnest Hemingway: “The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.” This was true before WWII […]
sovereignman.com / By Tim Price / December 15, 2014
“[W]e want to use our reserves more constructively by investing in development projects around the world rather than just reflexively buying US Treasuries. In any case, we usually lose money on Treasuries, so we need to find ways to improve our return on investment.” – […]
caseyresearch.com / Chuck Butler / December 15, 2014
In This Issue.
* The dollar has the conn today. * Except against the Chinese renminbi! * YAHOO Finance retracts story! * Japan reelects Abe.
And Now. Today’s A Pfennig For Your Thoughts.
A Big Data Week Around The World!
Good Day!… And a Marvelous Monday to […]
zerohedge.com / by Tyler Durden / 12/15/2014 06:57 -0500
After the worst week for stocks in years, and following a significantly oversold condition, it will hardly come as a surprise that the mean reversion algos (if only to the upside), as well as the markets themselves (derivative trading on the NYSE Euronext decided to break […]
marctomarket.com / by Marc Chandler / December 15, 2014
As the 24-hour session has progressed, the US dollar and equities have stabilized and turned higher. Indeed as US traders prepare to return, stocks and the dollars are trading near session highs. Oil prices are also trading higher. Core bonds are a bit heavier, and […]