yanisvaroufakis.eu / By yanisv / Oct 20, 2014
The spectre of Greek contagion seems to be returning to the Eurozone. At least this is the fear that I sense by talking to financial journalists across Europe. In this interview with Jorge Nascimento Rodrigues (for EXPRESSO) I argue that: “The Euro Crisis never went away. What [...]
zerohedge.com / by Tyler Durden on 10/20/2014 13:10
Via Gavekal Capital blog,
Even as stock prices have corrected in recent weeks with only 36% of stocks having positive performance over the last 200 days and the average stock 19% from its one year high, we are reminded that stock valuations are still stretched pretty [...]
jonrappoport.wordpress.com / By Jon Rappoport / October 19, 2014
As I’ve demonstrated in several articles, the diagnostic tests for Ebola are unreliable and useless.
What does this mean?
It means that, for any patient labeled “Ebola,” there is no verification. No confirmation. None. Zero.
Asserting the patient “has Ebola” is meaningless, because there is no [...]
trueeconomics.blogspot.com / by Dr. Constantin Gurdgiev / October 19, 2014
A chart of the week, courtesy of @Schuldensuehner
10 year benchmark bonds: Japan for 1987-2004 period of decline and stagnation and Germany for 2004-present period of decline and … oh, well… Japanisation of Europe is still ongoing, but it goes without saying: lower [...]
deviantinvestor.com / By Terrence Campbell via Gainesville Coins / October 19, 2014
ABSTRACT: Stocks got absolutely trounced this week, saved only by ephemeral rumors of Janet Yellen making dovish comments behind closed doors. The global economy continues to be mired in a slowdown, making it more difficult for Europe to simply inflate and spend its [...]
paulcraigroberts.org / Paul Craig Roberts / October 17, 2014
Dear Readers, I now have for you the complete English transcript of Russian Foreign Minister Sergey Lavrov’s speech to the United Nations. Lavrov’s speech, together with President Putin’s remarks in his Serbian press conference (excerpts posted on this site) clearly indicate that the moral leader [...]
Marjory Collins Carpool for 3rd shift defense workers, midnight, Baltimore April 1943
theautomaticearth.com / by Raúl Ilargi Meijer / October 17, 2014
Da markets today sort of refound their – shaky – feet, oil up a dollar, EU exchanges up 3% or so, Greece even over 7%, while interestingly gold didn’t move much at [...]
jessescrossroadscafe.blogspot.com / 17 OCTOBER 2014
The Fed’s jawboning and some timely buying in the SP futures saved the US equity market, for this wild, wild week.
Follow through is essential, because technically stocks are not out of trouble.
Consumer sentiment is a lagging, not a leading indicator.
The notion that the US is exceptional [...]
zerohedge.com / by Tyler Durden on 10/16/2014 20:48
With 80% of Americans concerned about Ebola, and Europe’s most worrisome ‘factor’ is rising prices (yes, rising, despite central banks’ deflation ogre fears), we thought it might be useful to remember just what other concerns the world has. From ‘inequality’ to ‘religious hatred’ and from ‘nuclear [...]
Arthur Rothstein First settler on Douglas County farmsteads, Nebraska May 1936
theautomaticearth.com / by Raúl Ilargi Meijer / October 16, 2014
But we can’t have permnent QE. Ambrose claims China and the Fed will yet see the light and start pumping again, but what have they left?
• World Economy So Damaged It May [...]
acting-man.com / Pater Tenebrarum / October 16, 2014
The Bad News First – Greece is Crashing Again
We only recently reported on the ludicrous idea of Greek prime minister Antonis Samaras to pretend that the Greek government is suddenly not bankrupt anymore (see: “Greece Tries to Escape Bail-Out” for details). Note that non-performing bank loans [...]
zerohedge.com / by Tyler Durden / 10/16/2014 08:16 -0400
Forward inflation expectations for Europe have collapsed to all-time record lows (based on 5Y forward implied 5Y inflation) as the market grows increasingly impatient at Draghi’s dragging his “whatever it takes” feet on pulling the sovereign QE trigger.
With 8 European nations now in outright [...]
charleshughsmith.blogspot.com / By CHARLES HUGH SMITH / OCTOBER 15, 2014
Central banks have reached a fork in the road.
Never before have quasi-omnipotent financial gods had so few powers. A lot is being written about central bank policies now as the Federal Reserve ends its primary quantitative easing (QE) program and the limitations of central [...]
armstrongeconomics.com / By Martin Armstrong / October 15, 2014
Behind the curtain, the long list of those who support the USA against ISIS has no substance. Why? This is a religious war and therein lies the problem. The Muslin community is throughout Europe and the great fear is their citizens run to join ISIS [...]
zerohedge.com / by Tyler Durden / 10/15/2014 10:10
A quick summary of where we have been this morning: VIX > 27 (3yr highs); S&P 500 -0.4% year-to-date (6mo lows); 2Y TSY yield < 25bps (17mo lows); 10Y TSY yield < 1.90% (17mo lows); European stocks -3% (11mo lows) lows; US HY credit 410bps (15mo [...]
wolfstreet.com / by Wolf Richter / October 15, 2014
It’s now called a “collapse”: The US benchmark light sweet crude plunged 4.6% to settle at $81.84 a barrel on Tuesday, the lowest since June 2012. In London, Brent made a similar journey to $85.04, its lowest level since November 2010. Explanations abound why this is [...]
kingworldnews.com / October 14, 2014
Today a legendary trader and investor warned King World News that we are getting very close to the point where all hell is going to break loose in major markets. He also warned about what is happening in Europe and how that will play into the coming chaos. [...]
zerohedge.com / by Tyler Durden on 10/14/2014 12:50
For years traders have had to contend with billions upon billions in monthly, weekly and even daily (yes, we all remember 2011) BWICs out of Europe’s periphery, as countries from Italy to Ireland to Portugal to Spain to Greece scrambled to find greater fools to offload [...]
armstrongeconomics.com / by Martin Armstrong / October 14, 2014
As Julius Caesar said: the die is cast. He also said I came, I saw, I conquered (Veni Vidi Vici). The entire idea of the Euro is a total disaster. This is now about a dictatorship in Brussels that has built a political infrastructure which [...]