Wednesday, September 21, 2016
Italy Is the EU’s Weakest Link / Politics / European Union
By: John_Mauldin
BY GEORGE FRIEDMAN : German Chancellor Angela Merkel, French President François Hollande, and Italian Prime Minister Matteo Renzi met Aug. 22 on an Italian aircraft carrier. They said they were meeting to talk about European policy after Brexit. The real discussion was about Italy’s economy and the steps needed to revive it.
Wednesday, September 21, 2016
Wells Fargo Scandal Shows Next Bank Crisis Coming / Companies / Banksters
By: John_Mauldin
BY PATRICK WATSON : There’s never just one cockroach. If you see one in the open, you know many more are still hiding. Call the exterminator.
This time-honored rule also applies to banks. Last week, we learned that Wells Fargo (WFC), ostensibly the most trustworthy of the too-big-to-fail institutions, is not trustworthy at all.
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Wednesday, September 21, 2016
Putin’s Ukraine Strategy Could Lay the Groundwork for War / Politics / Russia
By: John_Mauldin
BY GEORGE FRIEDMAN : Tensions between Russia and Ukraine are growing. According to the Russians, a special operations team from Ukraine attacked Crimea in August. The Ukrainians denied the claim. The Russians appeared to be moving forces around in Crimea and increasing their number and posture.
There have been reports of Russian troop buildups east of their border with Ukraine. There is also an unconfirmed report of Russian troops deploying in pro-Russian, rebel-held territory inside Ukraine. The Russians have done nothing to tamp down tensions.
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Wednesday, September 21, 2016
TwinLakes Theme Park Summer Super 6 FREE Return Entry for Real? / Personal_Finance / Theme Parks
By: Sami_Walayat
Find out if upto 4 people really can easily gain FREE return entry to the TwinLakes theme park situated near the city of Nottingham via the easy to achieve Summer Super 6 challenge cards and thus save between £40 to £60 on what one would have paid for entry as we return to the Theme park with the promised FREE entry during a September weekend cards. So if you have a Twinlakes super 6 card then you still have time to capitalise upon it!
Wednesday, September 21, 2016
Ignore the Fed, Something MASSIVE is Brewing in Europe’s Banks / Companies / Credit Crisis 2016
By: Graham_Summers
The Bank of Japan failed to announce any new policy initiatives today. The reasons are financial and political.
From a financial perspective, the Bank of Japan is well aware that its current tools cannot and will not generate sustained GDP growth. Bank of Japan head Haruhiko Kuroda implicitly admitted back in January that regardless of what he does, Japan has “potential growth rate of 0.5% or lower.”
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Wednesday, September 21, 2016
Three Charts Every Stock Market Investor Needs to See Now / Stock-Markets / Stock Markets 2016
By: Graham_Summers
The markets are in waiting mode as the Bank of Japan and Federal Reserve meet this week.
However, smarter markets than stocks are already adjusting to a weak global economy. Oil, which lead the S&P 500 to the upside from the February bottom is now rolling over sharply.
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Wednesday, September 21, 2016
The Fed Has Set Us Up for a Massive 50% Stock Market Collapse / Stock-Markets / Financial Crash
By: Graham_Summers
The Fed is running a virtual repeat of 1937.
The common narrative is that the Fed “didn’t do enough” during the Great Depression. This is used to justify the Fed’s use of non-stop extraordinary monetary policy post-2008.
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Wednesday, September 21, 2016
Stock Market VIX / Stock-Markets / Volatility
By: Marty_Chenard
The current VIX Index (Volatility Index) chart is posted below going back to 2015.
Please note the following: The long term trend has been down with each successive peak being lower. (A lower VIX correlates with a higher stock market and a higher VIX with a lower stock market.)
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Wednesday, September 21, 2016
Has the Silver Bullet Run Out of Fire Power? / Currencies / Gold and Silver 2016
By: Nicholas_Kitonyi
Commodity prices and especially those of precious metals have been impressive this year. The price of Gold and that of Silver have rallied significantly since the start of the year and the current indicators seem to point towards a continuous rally for the rest of 2016, albeit at a slower rate.
Wednesday, September 21, 2016
Impact of Interest Rate Cut Pushes Buy-to-Let Mortage Deals Down / Housing-Market / Buy to Let
By: MoneyFacts
Potential Buy-to-Let (BTL) investors are continuing to enjoy a fall in mortgage rates, particularly those looking for a longer-term fixed rates. In fact, research from Moneyfacts.co.uk shows that not only have these deals fallen to all-time lows, the average fixed rate at 75% loan-to-value (LTV) has fallen by 0.49% in just six months and is the first time this rate has fallen below 4.00%.
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Wednesday, September 21, 2016
Frack Sand: The Unsung Hero Of The OPEC Oil War / Commodities / Fracking
By: OilPrice_Com
The late-2014, Saudi-initiated oil-price war may have taken the ‘boom’ out of the US shale industry as it seriously threatened OPEC market share, but Saudi victory has been elusive: US shale has proven amazingly resilient. The industry has adapted quickly to the new playing field, and the unsung hero of a new uptick in drilling and investment isn’t just true grit—it’s sand.
The Saudi victory is equally dulled by the fact that it was not a decline in US shale production that rebalanced supply and demand; rather, it was chaos in Libya, militant attacks in Nigeria, massive fires in Canada and the destabilization of OPEC’s own Venezuela.
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Wednesday, September 21, 2016
Stock Market Cycle Dates have been Modified / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
After researching the Leading Diagonal [Wave (1)], I have concluded that it may not be considered corrective at all. That means the September 9 decline may have been the start of Wave (3).
More importantly, a closer examination of the Cycles Model strongly suggests that Wave (3) may have begun on September 9. The Brexit low appeared to be important, but it was not an Elliott Wave (4), as many would believe. It did not even register on the Hi-Lo Index. As a result, I cannot label it as an important Cyclical low, although its is an important part of the Orthodox Broadening Top.
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Wednesday, September 21, 2016
Imagin, a Better Way to Detect Bladder Cancer / Companies / BioTech
By: TLSReport
Bob Moriarty profiles Imagin Medical, a company that has developed a new way of detecting bladder cancer through endoscopes.
The most common cancers in the U.S. are hardly the most expensive to treat. More Americans come down with breast cancer and lung cancer than any other types of cancer. The worst cancer from a perspective of expense turns out to be bladder cancer that is only the 6th most prevalent form of disease.
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Wednesday, September 21, 2016
What’s Happening With Gold? / Commodities / Gold and Silver 2016
By: Bob_Loukas
Robert Alexander writes: GOLD WEEKLY : Using cycle timing, we should be close to a low for GOLD, but I am expecting an ICL. An ICL is a quick sharp sell off into a low, and then a move higher. It shakes out the bulls. I have pointed out Prior ICL’s on the chart below, and you can see that they come roughly 4-5 months apart lately. We are 4 months from the ICL at the end of May, and I have been calling for a Deep Meaningful Trade-able LOW at the end of September / early October for several weeks.
Tuesday, September 20, 2016
Gold Fever / Commodities / Gold and Silver 2016
By: Ed_Carlson
Gold Fever – as in "illness". Gold's bear market has been slow to get started. Rather it has played out as a consolidation since last June. But gold is now testing important support and despite bullish seasonality in September, we expect a breakdown in the metal to be forthcoming.
Gold fell $24.30/oz. last week and closed at $1,305.80 on the 89-dma and the December bull trendline. Resistance is at 1,365 (38.2% retracement of the 2011 bear market) and support is near 1,295.
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Tuesday, September 20, 2016
London Housing Market Bubble 2016, London Bridge Comes Falling Down… / Housing-Market / UK Housing
By: Harry_Dent
I just got back from a seminar in London. I spoke there late last year for Graham Rowan, who heads the Elite Investor Club. This time, my promoters in Australia, Greg Owen and Steve and Corinna Essa, decided to team up with Graham to promote a two-day “Secure the Future” seminar in London.I was more than happy to do that. I love London, even though it’s always cloudy and drizzly. But it was also a great opportunity to promote my new book, The Sale of a Lifetime (out now!), because it touches on many of the same themes I wanted to discuss with my British audience.
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Tuesday, September 20, 2016
U.S. Economy - We Can’t Party Like it’s 1999 / Economics / US Economy
By: Rodney_Johnson
I came of age in the early ’80s, when Prince was king of the airwaves (pun intended). His smash hit “1999” had an end-of-days feel to it, asking everyone to “party like it’s 1999.”As time went on and the end of the century loomed, the world grew nervous about what would happen when we reached the year 2000, or Y2K. In the end, none of the doomsday predictions came true. The computers still worked, air traffic control still functioned, hospitals and banks carried on.
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Tuesday, September 20, 2016
Gold vs. Stocks and Commodities, Pre-FOMC / Commodities / Gold and Silver 2016
By: Gary_Tanashian
We are well along in the precious metals correction and have downside targets for gold, silver and the miners. In order for that to be a ‘buy’, the sector and macro fundamentals will need to be in order. Some of those are represented by the gold ratio charts vs. various assets and markets. Below are two important ones.
Gold vs. Stock Markets has been correcting the big macro change to the upside since leading the entire global market relief phase (potentially out of the grips of global deflation) earlier in the year. A hold of these moving averages, generally speaking, keeps a key gold sector fundamental in play as the implication is that conventional casino patrons are choosing gold over their traditional go-to assets, stocks. A breakdown from the moving averages and it’s back to Pallookaville for the gold “community”.
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Tuesday, September 20, 2016
BrExit UK Inflation CPI, RPI Forecast 2016, 2017 / Economics / Inflation
By: Nadeem_Walayat
Going into the EU referendum the vested interest academic economists from the Bank of England down were repeatedly issuing dire warnings of a plunge in sterling that would send inflation soaring that would trigger a series of interest rate hikes all whilst the economy collapsed. The prices in the shops as measured by official UK CPI Inflation was hugging near 0% at a rate of just 0.3% for May 2016 data, meanwhile RPI which is the closest official measure to real inflation was already above 1% at 1.4%, which are set against the demand adjusted Real UK inflation rate of 1.8%. So official UK price Inflation was already well above 1% and trending towards 2% before BrExit.
Tuesday, September 20, 2016
European banks may be more important than the Fed this week / Stock-Markets / Financial Markets 2016
By: Anthony_Cherniawski
It’s like déjà vu all over again. The SPX Premarket has tested the lower trendline of its Orthodox Broadening Top, but pulled back.
ZeroHedge observes, “If yesterday one could "explain" the overnight stock levitation due to the move higher in crude oil, today there is no such catalyst with WTI down modestly, and yet the broader push higher across European stocks and US equities has reappeared following yesterday's muted close on Wall Street ahead of key central bank data on deck. Some have attributed the 0.4% rise in futures to the latest dip in the dollar, while a modest bond rally as the countdown to crucial policy decisions by the Bank of Japan and the Federal Reserve entered its final stretch, put taper tantrum concerns on hold if only for the time being.”
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