Tuesday, February 23, 2016

The Central Banks Are Pushing the World Towards Deflation / Economics / Deflation

By: Chris_Vermeulen

With the entire world struggling to ward off global deflation, it is prudent to understand why the current actions by the Central Banks are not heading in the correct direction. The massive amount of Quantitative Easing by the Central Banks, globally, have not been converted into inflation as was earlier anticipated. This article will shed light on various aspects leading to deflation.

Tuesday, February 23, 2016

Stock Market Calm Before the Storm? / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

Good Morning!

It was fascinating (to me, at least) to see all of the hourly pivots being hit yesterday as equities made their rally high. The top Pivot was at 13:43 hours in which the 1946.70 high was made.

The Premarket is mixed while the futures show a clear reversal pattern overnight. All the overseas markets are down in overnight trading, but not significantly.

Tuesday, February 23, 2016

Catholic Church based upon Roman vs Anglo Saxon Law / Politics / Religion

By: BATR

Whatever you think or believe about the Catholic Church, the latest dust up between the current Pontiff and Donald Trump may seem trite, but actually reveals a fundamental difference in the meaning of being a Christian. When Pope Francis Suggests Donald Trump Is ‘Not Christian’, such a troubling account reported in the New York Times, should alarm believers and non-believers alike. An integral part of this issue must acknowledge a startling distinction on the basei of law and how it relates to the concept of a Christian Church.

Tuesday, February 23, 2016

This is 'The Bubble' Which 2008 was 'The Warm Up'! / Stock-Markets / Financial Crisis 2016

By: Gordon_T_Long

... It is going to take longer to unfold then people think!

Graham Summers is the Chief Market Strategist with Phoenix Capital Research in Washington, DC. Phoenix capital research is an investment research firm, that has clients in 56 countries around the world, specializing in investment research on a subscription basis.

Tuesday, February 23, 2016

Eurozone Economic Recovery is Over: Deflationary Pressures Intensify as Growth Slows / Economics / Euro-Zone

By: Mike_Shedlock

ECB president Mario Draghi has his work cut out for him as deflationary pressure in Europe intensify. Average prices charged by companies for their goods and services fell at the steepest rate for a year as firms competed to boost sales.

Tuesday, February 23, 2016

People's QE: Central Bankers War on Savings / Personal_Finance / War on Cash

By: Sol_Palha

"It is not in the world of ideas that life is lived. Life is lived for better or worse in life, and to a man in life, his life can be no more absurd than it can be the opposite of absurd, whatever that opposite may be." ~ Archibald Macleish

QE for the people was actually proposed by Jeremy Corbyn last year in Britain last year, and it did not sit too well with, central bankers. Mark Carney Governor of the Bank England had the audacity to state that QE for the people would remove "fiscal discipline". Central bankers have been anything but disciplined; they have systematically created every boom and bust cycle for the past 50 plus years. To create a boom cycle, they loosen the cash spigots and vice versa. We are not stating that QE for the people is a good idea, but it's as good as any idea the central bankers have floated over the past 3-5 decades.

Tuesday, February 23, 2016

First-time UK Homes Buyer Mortgage Deals Edge Towards Pre-crash Levels / Housing-Market / UK Housing

By: MoneyFacts

In the aftermath of the economic downturn mortgage choice at 90% and 95% loan-to-value (LTV) became woefully limited. However, research from Moneyfacts.co.uk shows that product availability for borrowers with small deposits has now expanded to reach its highest level since April 2008.

Tuesday, February 23, 2016

U.S. Presidential Campaign Political Marketing, Big Data and Google's Hillary / ElectionOracle / US Presidential Election 2016

By: Michael_T_Bucci

In the fledgling days of advertising over a century ago, legendary department store merchant John Wanamaker, an early proponent of the power of advertising, complained: "Half the money I spend on advertising is wasted; the trouble is I don't know which half."

It has been the goal of marketing and advertising chiefs ever since to answer his question.

More than $5 billion may be spent by presidential candidates and their supporters for the the 2016 race according to The Hill (thehill.com), which is double the tally for 2012. While much money will be spent on salaries, wages, fees and expenses for campaign workers, Kantar Media estimates that for all races political ad spending on TV will total $4.4 billion for the 2016 election cycle, and that another $1 billion will be spent on online ads.

Tuesday, February 23, 2016

Stock Market Running Up....Sentiment Playing Out...What Next? / Stock-Markets / Stock Markets 2016

By: Jack_Steiman

The relentless run up is continuing as the bulls are letting the bears know they'll be remaining busy for a while. Now we will have to deal with some selling soon as the short-term sixty-minute charts are overbought and flashing negative divergences. Sometimes, in very bullish environments the negative divergences can be worked out through time instead of price, meaning you unwind those divergences and overbought with very little price erosion. If that happens, you know you've transferred the energy from bear to bull. In bullish environments time works off the overbought conditions. In bearish environments it's price that works its way lower from any push up on those oscillators. We'll know very shortly which way this will work itself out. We saw the market futures turn north last night after Europe gapped up and kept on running higher. We opened strongly and closed very nicely, which now means the bulls have four large gap ups that kept running higher all day.

Tuesday, February 23, 2016

Gold GLD ETF Continues to Astound / Commodities / Gold and Silver 2016

By: Dan_Norcini

I can think of no better word except, "astounding", when considering what is taking place with the giant gold ETF, GLD and its reported holdings increases.

This afternoon's reported gold holdings showed an increase of exactly 19.33 tons to 752.29 tons. This is identical to the increase seen last Friday ( 19.33 tons). In two days time, we have seen almost 39 tons of gold added to the vaults of GLD. I am hard pressed to find anything similar in its past.

Tuesday, February 23, 2016

Stock Market to Fall 16% More into March 11th? / Stock-Markets / Stock Markets 2016

By: Brad_Gudgeon

The chart below shows that the SPX 1650 level may be next and sooner than most think. Looking at this 2 hour chart of the SPX, we can see a similarity to the December 27, 2015 top. The move up from February 19 into February 22 is stronger by 27.7% suggesting a harder move down this time than in late December into January 20th. March 11th is nearby to the Bradley March 10th date. March 11th is the anniversary of the 2015 20 week low, is 20 TD's from the January 20th low, and the 7/28 week cycle low from August 24th, 2015. The 1650 level beckons.

Tuesday, February 23, 2016

The Fed's Nightmare Scenario / Interest-Rates / US Federal Reserve Bank

By: Peter_Schiff

Operating under the mistaken belief that a modest dose of inflation is either a prerequisite for, or a by-product of, economic growth, the nation's top economists have been assuring us for quite some time that inflation will stay very low until the currently mediocre economy finally catches fire. As a result, they believe that the low inflation of the past few months has frustrated Federal Reserve policy makers, who have been supposedly chomping at the bit to keep hiking rates in order to restore confidence in the present and to build the ability to cut rates in the future if the nation were to ever, god forbid, enter another recession.

Tuesday, February 23, 2016

Copper: The Next Metal Set To Rise After Gold? / Commodities / Copper

By: InvestingHaven

The copper market is getting excited! After a drop of +50% since it peaked in 2011, copper has basically gone only one way, i.e. down (just not in a straight line).

Now, copper is showing a similar setup as gold two months ago, right before gold rose sharply higher. Copper’s chart setup makes it very interesting, because sentiment is so negative nowadays: economic growth is slowing (driven by China), the interest rate hike was followed by talks about coming negative interest rates, companies are reporting rather poor earnings, manufacturing data are not very encouraging, … The list is endless, so everyone and his uncle is convinced that copper can only go one direction, i.e. down. That’s exactly the moment when magic happens in markets, as prices tend to move in the opposite direction, but that’s only a  benefit for the sharpest investors as 99% has given up already.

Tuesday, February 23, 2016

The Escalating War on Cash and What It Means For Metals / Commodities / War on Cash

By: MoneyMetals

Clint Siegner writes: Government bureaucrats, central bankers, and Wall Street executives all have their own reasons for hating the cash in your wallet. So, no surprise, they are working closely together to rid you of it.

The war on cash is intensifying and bullion investors are wondering what the transition to a "cashless society" might mean. We'll cover that, but let's first recap why these organizations are, once again, allied together to the detriment of your ability to transact privately.

Monday, February 22, 2016

Bonds Aren't Buying the Stock Market Rally / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

Bonds aren’t buying the rally in stocks. ZeroHedge reports, “While the algos are closely following every momentum-generating uptick in global equities on the back of yet another short squeeze in crude, one asset class that has been roundly ignored are Treasurys, which have refused to follow the equity euphoria and have in fact roundtripped today's entire risk on move, suggesting that once again, "bonds aren't buying it."

Monday, February 22, 2016

British Pound BrExit Plunge Press Panic! FACT: Helps Britain WIN Currency War! / Currencies / British Pound

By: Nadeem_Walayat

The mainstream press today illustrated the magnitude of the depth of their ignorance of the markets as right across the spectrum from the likes of the BBC, to Channel 4 News to the myriad of dieing broadsheet publications such as the FT, all in unison propagated headlines such as a 'Boris Johnson Causes a Run on the Pound' following a 3 cent dip against the US Dollar on rising BrExit fears as though this was catastrophically bad news, one of panic, though conveniently ignoring the fact that the FTSE closed higher on so called BrExit Panic day.

Monday, February 22, 2016

Gold and Silver Price Rise Has Begun / Commodities / Gold and Silver 2016

By: DeviantInvestor

The S&P 500 Index (chart below) shows a top in May 2015, a correction into August, and a deeper fall this month – February 2016.  Look out below.

Monday, February 22, 2016

Stock Market Pivot Day / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

It appears that SPX Premarket has risen to the range of 1937.00 this morning. That means the Wave structure has morphed into a Minor wave C. The target for this wave [Where Wave (v) equals (i)] is 1945.48. An expanded flat Wave (2) would terminate in the range of the Wave A high at 1947.20. The Broadening formation trendline appears to be near 1952.00, so this gives us a range of outcomes for today.

Monday, February 22, 2016

USDCAD And SP500 Elliott Wave Analysis / Stock-Markets / Financial Markets 2016

By: Gregor_Horvat

USDCAD

On USDCAD we are looking at declining price action from 1.4018 that can be an expanding diagonal, now moving down into the final stages of decline. We see wave 5 of C) headed beneath 1.3650 and even towards 1.3600 area, where pair can be looking to form a low this week.

USDCAD, 1H

Monday, February 22, 2016

U.S. Inflation: Prepare for 4% or more! / Economics / Inflation

By: Ned_W_Schmidt

Last we visited on the subject of U.S. inflation (November, 2015) we wrote,

"Using those simplistic numbers suggests that U.S. inflation as measured by the [headline] CPI could rise to an annual rate of about 4% ..."