Thursday, November 12, 2015
Another Day Older and Deeper in Debt / Interest-Rates / Global Debt Crisis 2015
By: DeviantInvestor
Debt overwhelms most people in debt based fiat currency economies (US, UK, Europe, and others). Credit cards, auto loans, student loans, mortgages, and more …
Debt overwhelms most governments in debt based fiat currency economies. They are in debt because governments spend more than their revenues, which is a truly simple concept. However, don’t expect fiscal sanity to return anytime soon.
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Thursday, November 12, 2015
Copper Monthly, Aussie Jobs Soar, but Capex far from Done / Commodities / Copper
By: Ashraf_Laidi
It's not the first time an Australian jobs report shows employment growth rise five times more than expected. Whether it will be revised downwards or not, it is undoubtedly reflecting partial strength in the nation's labour market. Australia added a net 58.8K jobs in September; over four times expectations, the highest increase in 3 ½ years and the 3rd biggest jump over the last 15 years. Remarkably, 40K of the 58.8K increase emerged from full time jobs, while only 18.6K was from part time employment. The 231.7K increase jobs in the first 10 months of the year showed the its biggest annual gain since 2010.
Thursday, November 12, 2015
Stock Market Breakdown / Stock-Markets / Stock Markets 2015
By: Anthony_Cherniawski
Good Morning!
My start this morning was delayed due to a late work night and early morning dentist’s appointment. I have more activities planned for the day, so my reportage may be spotty.
However, there is good news for our bearish positions this morning. SPX broke down as anticipated with a 2.5 point gap which suggests that selling pressure overwhelmed the always bullish HFTs this morning.
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Thursday, November 12, 2015
USD, XEU, CRB, DBC, Oil, Copper and Gold Chartology of Deflation / Currencies / US Dollar
By: Rambus_Chartology
Tonight I would like to update some of the charts on the possible inflection point we looked at about three weeks or so ago. That possible inflection point is still gaining momentum to the downside as the deflationary environment still looks good to go. No market goes straight up or down so one needs to expect some turbulence along the way.
In order for the deflationary theme to play out we will need to see a strong US dollar which will affect the commodities complex and other important currencies of the world. Below is a closeup view for the US dollar that now shows the bullish falling wedge in breakout mode with one backtest to the top rail so far.
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Thursday, November 12, 2015
UK BrExit Referendum as European Union Faces Migration Catastrophe / Politics / UK EU Referendum
By: Nadeem_Walayat
This week David Cameron kick started his negotiations with the European Union to head off the risk of a Referendum vote to leave the European Union due to be held some time during 2017. The latest opinion polls put the LEAVE camp in the minority on 39%, however faced with continuing out of control immigration could by referendum day bring the vote closer to a 50/50 knife edge result.
By most accounts David Cameron's demands in his letter to to Donald Tusk (President of the European Council) are pretty weak, most of which are designed to be achieved in what amounts to a pantomime act for an gullible electorate to swallow.
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Thursday, November 12, 2015
Stock Market Very Negative Close / Stock-Markets / Stock Markets 2015
By: Harry_Boxer
The stock market indices had a volatile session today. They popped at the opening, 3-wave, corrective pullback ensued, then they had a very strong rally midday that led to the session highs just under 4680 Nasdaq 100, and 2987 S&P 500. They came down in a 3-wave decline near the close, and then rolled over into the close to cement the negative close for the day.
Thursday, November 12, 2015
Global Stocks Bull Market Breadth / Stock-Markets / Stock Markets 2015
By: Donald_W_Dony
Strong bull markets normally have a broad participation or breadth base. When that breadth starts to narrow, the short-term outlook for a continuation of the upward trend comes into question.
Thursday, November 12, 2015
Stock Market Trying To Unwind.... / Stock-Markets / Stock Markets 2015
By: Jack_Steiman
would allow for another move higher once the stochastic's and MACD have moved low enough. Nothing impulsive as the market sells, which is key to understanding what type of selling is taking place. Whether it's truly bearish selling or the type of selling that will allow for the markets to try higher once again in time. So far the bulls have to like the process, but it shouldn't be over quite yet. While we can still rally some, the process of moving lower should still have some decent energy left.
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Wednesday, November 11, 2015
Israel Detaining and Imprisoning Palestinian Children for Political Reasons / Politics / Israel
By: Stephen_Lendman
Israel doesn’t just violate inviolable international laws. It smashes, tramples on and ignores them, writing its own rules, setting its own standards, doing whatever it pleases, consistently justifying the unjustifiable - longstanding rogue state practice.
It treats children like adults, already abducting, detaining and imprisoning them for political reasons.
America and Israel are the only two nations incarcerating young children for life without parole (LWOP). It’s a 1989 Convention on the Rights of the Child (CRC) signatory, mandating protection for their rights, safety and welfare - “without discrimination of any kind,” regardless of “race, colour, sex, language, religion, political or other opinion, national, ethnic or social origin, property, disability, birth or other status," including their "right to life…survival (and) development.”
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Wednesday, November 11, 2015
The US Dollar Rally Could Trigger a $9 Trillion Debt Implosion / Currencies / US Dollar
By: Graham_Summers
The US Dollar rally, combined with the ECB’s policies and the Fed’s hint at raising rates in December, is at risk of blowing up a $9 trillion carry trade.
When the Fed cut interest rates to zero in 2008, it flooded the system with US Dollars. The US Dollar is the reserve currency of the world. NO matter what country you’re in (with few exceptions) you can borrow in US Dollars.
And if you can borrow in US Dollars at 0.25%… and put that money into anything yielding more… you could make a killing.
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Wednesday, November 11, 2015
How to Engineer a Strong Portfolio with Medtech and Biotech / Companies / BioTech
By: TLSReport
Zacks Small-Cap Research analyst Anita Dushyanth is a bioengineer with an R&D background, which comes in handy as she researches up-and-coming companies in the medtech and biotech sectors. In this interview with The Life Sciences Report, Dushyanth focuses on four small- and micro-cap specialty pharma and device names with engineering tie-ins, and she expects all to produce exciting results for investors.
Wednesday, November 11, 2015
Social Security The Long Slow Default / Politics / Government Spending
By: MISES
Kirby R. Cundiff writes: When an investor buys an annuity or another retirement product from an insurance or mutual fund company, the contract is constant and enforceable through the United States court system. When a United States taxpayer is forced to pay for a government backed retirement system such as the Old-Age, Survivors, and Disability Insurance program (OASDI) — also known as Social Security — the “contract” can be, and is, changed on a regular basis by the United States government, and those changes are generally not to the benefit of the taxpayer.
Wednesday, November 11, 2015
SPX is Challenging Short-term Resistance / Stock-Markets / Stock Markets 2015
By: Anthony_Cherniawski
SPX Premarket appears to be challenging Short-term resistance at 2085.85. The futures were higher, but the retracement appears to be complete and SPX is backing away from its before-hours highs. The futures often have a different shape than the cash markets, but essentially the same overriding Wave pattern. The Wave pattern appears to be in need of another probe higher.
Wednesday, November 11, 2015
Oops The Feds Did it Again- Are They Setting up The Masses for Another Stimulus Program / Economics / Economic Stimulus
By: Sol_Paha
Is the Fed playing mind games with the masses or is it simply another version of Britney Spears hit song "Oops I did it again"? Only this time they did not. They keep mouthing off that they are ready to raise rates and then suddenly just before the moment to pull the trigger draws near; some unforeseeable event springs up, and they kick the can down the road again. Two questions comes to mind.
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Wednesday, November 11, 2015
Japanese Bonds Yield of Dreams? / Interest-Rates / Japanese Interest Rates
By: EWI
Why Japan's long-battered bond market may be gearing up for a comeback
Saber-tooth tiger. Wooly mammoth. Japanese government issued bonds?
Well it's happened. After years of enduring an unrelenting bear market (marked by plunging yields and rising prices) -- the long-battered Japanese government bond has made it on to the endangered financial species list.
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Wednesday, November 11, 2015
The American Way of Endless Wars / Politics / US Politics
By: Stephen_Lendman
America is addicted to endless direct and proxy wars of aggression. Peace is anathema, social justice discarded to devote national resources to warmaking and militarizing the homeland.
Washington’s criminal class is bipartisan. Duopoly power rules, one party with two wings, serving monied interests exclusively, not a single identifiable administration, congressional or top-level judicial profile in courage, all in lockstep with what makes America the most feared and hated of all nations.
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Wednesday, November 11, 2015
Silver Price Slide in Early Phase / Commodities / Gold and Silver 2015
By: AnyOption
Commodity deflation has left no stone unturned and precious metals have not come away unscathed. Although promising as a store of value, recent moves by the Federal Reserve have seen some uncertainty surrounding Central Bank decision-making abate. Confidence in a December rate hike is high following a blockbuster jobs report that saw nonfarm payrolls surge to the highest level since December of 2014. Although current Fed Funds futures are rising towards the 70% threshold for liftoff at the mid-December FOMC meeting, the pressure is on for precious metals. A weak consumer inflationary dynamic combined with far-reaching commodity deflation is seeing investors abandon haven assets in favor of yield.Read full article... Read full article...
Wednesday, November 11, 2015
Rejecting the Keystone Pipeline / Commodities / Crude Oil
By: OilPrice_Com
All thinking and rational students of economics and political policy should take note of the triumphed message sent out by the CREDO Action progressive group. The strategy to organize a massive civil disobedience confrontation has been absent from the public square for far too long. However, when the cause is so ill founded and based upon foolish economic realities, the protesting activists need to rethink their falsely placed suppositions.
Wednesday, November 11, 2015
Is There a Bright Spot in Energy Commodities? / Commodities / Energy Resources
By: The_Energy_Report
Demand for commodities is in the doldrums, but the fundamentals of uranium and lithium are favorable when compared with other materials, says Paul Renken, mining analyst for VSA Capital Ltd. In this interview with The Energy Report, Renken notes that rising demand for batteries will soon exert pressure on lithium production capacity and that well-placed uranium juniors are in position to meet demand from nuclear power plants now in development. Investors must be patient, but diligent selection will be rewarded.
Wednesday, November 11, 2015
BOA's Moynihan: U.S. Consumer Spending Strong in October / Economics / US Economy
By: Bloomberg
Brian Moynihan, Bank of America CEO, spoke with Bloomberg Television's David Westin today about the risks facing the banking industry and the state of the global economy.
Moynihan on U.S. consumer spending: "October is probably one of the strongest months this year relative to October of last year…It's a strong economy…Unemployment levels are down, and wage growth is picking up. That’s all good. Now the question is, what can derail that. And that’s what we have to pay attention to."