Thursday, September 03, 2015
EU Migration Crisis and Population Density, Why Cameron is Right, England Really is Full / Politics / Immigration
In the wake of Germany's announcement to take upto 800,000 refugees this year and images of dead refugees washed up on the shores of Turkey, David Cameron and the UK government are coming under intense pressure to change their stance on refugee migration that continues relentlessly as each bordering nation acts to funnel over one hundred thousand migrants each month northwards towards destinations such as Germany and Britain.
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Thursday, September 03, 2015
Stock Market Return to Crisis: Things Keep Getting Worse / Stock-Markets / Stock Markets 2015
The virus that spread to stock markets around the world and nearly destroyed the global financial system in 2008 has reemerged with a vengeance sending global equities deep into the red and wiping out more than $5 trillion in market capitalization in less than two weeks. On Tuesday, before the opening bell, major market index futures in the US plunged more than 400 points signaling another violent day of selling ahead. Worries that a slowdown in China will impact global growth pushed Asian and European markets deep into negative territory while US futures indicate that the Dow Jones is headed for its ninth triple-digit day in ten sessions. The deluge of bad news has battered confidence in the Fed and “sent global equities to their worst monthly slump in more than three years”. Millions of Mom and Pop investors have sold out already and are headed for the exits. Here’s a recap from Bloomberg:
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Thursday, September 03, 2015
Stock Market Eleven Crazy Days — Many More Coming / Stock-Markets / Stock Markets 2015
Twelve months ago the world was happily sailing along in the Great Moderation, with financial markets that moved gracefully higher most of the time but even in their rare negative moments didn’t cause too much angst. The eleven trading days leading up to September 3 saw not a single triple-digit move on the Dow, and only three down sessions.
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Thursday, September 03, 2015
Dow Theory Stock Market Sell Signal Examined / Stock-Markets / Dow Theory
The article below argues that the Dow will rise after its current “correction” because it rose following the two previous corrections. But this time around both Industrials and Transports have fallen to lower lows. On those previous two occasions this did not happen.
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Thursday, September 03, 2015
Crude Oil Price Sinking or Rebounding? / Commodities / Crude Oil
Trading position (short-term; our opinion): No speculative positions are justified from the risk/reward perspective.
On Tuesday, crude oil reversed and declined sharply as weak Chinese data weighed on investors' sentiment. As a result, the commodity approached support levels, but will they encourage oil bulls to act in the coming days?
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Thursday, September 03, 2015
How OPEC’s Attempt to Save Face Affects the Crude Oil Market / Commodities / Crude Oil
Well, that somebody is OPEC, and there is much more behind this development, leading to today’s discussion.
In its monthly report released on Monday, OPEC indicated it is now willing to discuss production levels with other non-OPEC countries. This is the first indication that the low crude oil price environment has been creating serious problems inside the cartel.
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Thursday, September 03, 2015
Crude Oil Price Forecast 2015 and 2016 - Video / Commodities / Crude Oil
The crude oil price has relentlessly trended lower all year to an unimaginably low price low of $37 of just a few days ago, falling from $100 a year ago. The severe bear market has not only caught many market commentators off guard but has had a devastating impact on several major economies that are heavily reliant on high oil prices such as Russia, the gulf states, and other emerging markets reliant on their energy sector tax revenues to finance state spending and of course Britain's very own Scotland that a year ago was toying with idea of committing social and economic suicide (independence referendum).
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Wednesday, September 02, 2015
Euro vs. U.S. Dollar: See Why "Excitement Is Yet to Come" - Video / Currencies / Euro
Elliott Wave International's Chief Currency Strategist discusses the EURUSD 1,200-pip "roundtrip"
Stocks and oil weren't the only markets going berserk last week. Eurodollar, or EURUSD -- the world's biggest and most popular forex market -- first rallied 700+ points (or pips) higher and then crashed about 500 pips back to earth, all in a matter of a few days.
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Wednesday, September 02, 2015
The Real Threat from China’s Stock Market Crash / Stock-Markets / Chinese Stock Market
In reality, the real risk isn’t being reported. In fact, it’s not even being talked about.
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Wednesday, September 02, 2015
How Our “Mixed Economy” Created These Mixed-Up Markets / Stock-Markets / Stock Markets 2015
Alexander Green writes: Over the years, I have often waxed enthusiastic about the transcendent power of capitalism.
The free enterprise system has vastly improved our quality of life and raised our standard of living.
Entrepreneurs and business owners have given us safer transportation, faster communications, miracle drugs and medical devices, more powerful computers, and millions of new products and services that are better, cheaper and longer lasting.
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Wednesday, September 02, 2015
'Gravity' Is Returning to Stocks and Bond Markets / Stock-Markets / Financial Markets 2015
Porter Stansberry : In today's essay... a discussion about gravity. Not the kind of gravity that causes objects to draw closer to each other. That gravity is a mystery that physics can't yet explain.
I'm talking about financial gravity. And the causes of financial gravity are well-known...
Financial gravity is the cost of capital. The cost of money drives the price of everything else in a free market because capital is the root of supply. Want more oil? Fine, invest heavily in new supplies.
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Wednesday, September 02, 2015
Give All Refugees A Free Ticket To Brussels / Politics / Immigration
A few days ago, I joked to Nicole that Paddypower should by now have a bet open on how much longer the Schengen open border treaty will be valid in Europe. Didn’t check if they actually had one, mind you.
But it can’t be long anymore, so it wouldn’t be a big money maker even if it existed. I give it a few days at most. Italy just announced it wants guards at Brennero, one of its main border posts with Austria. One down, a few hundred to go, and they may go at a rapid clip.
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Wednesday, September 02, 2015
How to Make Sure the Government Can’t Freeze Your Bank Account / Personal_Finance / Current Accounts
By Justin Spittler
If you wake up tomorrow and your bank account is frozen… what will you do?
You probably remember when the financial crisis in Greece was dominating headlines a few weeks ago.
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Wednesday, September 02, 2015
Stock Market 38.2% Retracement / Stock-Markets / Stock Markets 2015
The institutional investor(s) have had their say. The SPX bounced to the 38.2% retracement at 1938.37. There is no change in signal. Best to remain short. Margin calls may already be kicking in with a vengeance today.
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Wednesday, September 02, 2015
Gold Coin Sales Surge 306% YoY In August, Silver Sales More Than Double / Commodities / Gold and Silver 2015
strong>DAILY PRICESToday’s Gold Prices: USD 1140.00, EUR 1010.73 and GBP 746.46 per ounce.
Yesterday’s Gold Prices: USD 1141.90, EUR 1012.23 and GBP 744.10 per ounce.
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Wednesday, September 02, 2015
Parents Send Your Finances Back to School / Personal_Finance / Current Accounts
As parents breathe a sigh of relief as the kids go back to school, now is the perfect time to take stock of your finances and teach yourself a few things about personal finance.
Charlotte Nelson, Finance Expert at Moneyfacts.co.uk, said:
“A well-deserved sit-down to sift through your income and expenditure will highlight any areas you need to tackle. Fixing your finances sooner rather than later will lift a massive weight off your shoulders and make things far more manageable.”
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Wednesday, September 02, 2015
Syrian Refugee Crisis - Is Germany More Islamic than Saudi Arabia? / Politics / Saudi Arabia
Whilst many european nations are positioning their storm troopers on their borders and ports to repel the swarm (David Cameron) or hordes as other politicians have referred to the mass migration underway, instead Germany has now taken the opposite position by opening its doors to this year settle as many as 800,000 mostly Syrian refugees out of a potential total of 1 million Syrian refugees expected to enter Europe this year which itself is out of a total Syrian refugee population of more than 4 million who today are mostly sat in refugee camps in Turkey, Jordan and Lebanon, most of whom seek to follow the now well trodden migration paths northwards.
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Wednesday, September 02, 2015
The Stock Market Shemitah Cycle / Stock-Markets / Stock Markets 2015
Meaning the last year of a seven-year cycle in the Jewish calendar, the end of the past several Shemitahs have brought immense financial hardships to the world. The 1987 crash on Wall St. happened during Shemitah. The bond market was massacred in 1994. The 9/11 terror attacks happened in 2001 and the global economic crisis occurred in 2008.
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Tuesday, September 01, 2015
Forget Decoupling - The Fed will NOT Raise Interest Rates this Year / Interest-Rates / US Interest Rates
USD under renewed pressure from a combination of renewed China data disappointment, weak US manufacturing ISM and lingering chatter of a September Fed hike. US stock futures began selling off 6 hours before the release of China's manufacturing PMI, which showed the first contraction in six months and the lowest figure in three years. The largely-weaker than expected manufacturing ISM (lowest in 27 months) was accompanied by broader weakness in all components.
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Tuesday, September 01, 2015
OPEC Divorce And Self-Destruction Thanks To Saudi Crude Oil Strategy? / Commodities / Crude Oil
"If you are the world's leading energy economy, you produce energy, that's what you do."
"A government can stay irrational longer than it can stay solvent."
"Even in the short term, you're dead, if you commit suicide."
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