Friday, September 16, 2016
The Financial Crisis Is Escalating! / Stock-Markets / Financial Crisis 2016
By: Chris_Vermeulen
Deutsche Bank and Commerzbank are presently in the process of merger talks. The fact that these meetings are occurring is a signal that Germany’s banking troubles are indeed accelerating.
Friday, September 16, 2016
Italy Is the Mother of All Systemic Threats / Stock-Markets / Eurozone Debt Crisis
By: John_Mauldin
BY GEORGE FRIEDMAN : Italy has been in a crisis for at least eight months, though mainstream media did not recognize it until July. This crisis has nothing to do with Brexit, although opponents of Brexit will claim it does. Even if Britain had voted to stay in the EU, the Italian crisis would still have been gathering speed.
The high level of non-performing loans (NPLs) has been a problem since before Brexit. It is clear that there is nothing in the Italian economy that can reduce them. Only a dramatic improvement in the economy would make it possible to repay these loans. And Europe’s economy cannot improve drastically enough to help. We have been in crisis for quite a while.
Read full article... Read full article...
Friday, September 16, 2016
These 3 Investments Are the Plays to Make During Recession / Stock-Markets / Investing 2016
By: John_Mauldin
BY PATRICK WATSON: The global economy is stuck in neutral in spite of the “whatever it takes” efforts of central bankers.
The eventual fallout from near zero or even negative interest rates is a huge unknown. Given the lack of historical precedent, even the best and brightest market observers admit it’s hard to create useful macroeconomic models.
Read full article... Read full article...
Friday, September 16, 2016
Deutsche Bank Initiates Coverage of Silver Wheaton / Commodities / Gold and Silver 2016
By: The_Gold_Report
Citing a strong balance sheet and a large portfolio of diverse gold and silver streaming assets worldwide, Deutsche Bank has initiated coverage of Silver Wheaton with a Buy rating.
Read full article... Read full article...
Friday, September 16, 2016
War is Peace, Silver is Plentiful, and Other Misconceptions / Commodities / Gold and Silver 2016
By: Dr_Jeff_Lewis
The urgency for owning a financial put against the stupidity of central planners and politicians grows by the minute.
We continue to witness a multifaceted array of failure heaped upon failure while repeating history on a dramatic scale.
One of the great new wonders of the modern world is the credibility given to high profile economists.
Read full article... Read full article...
Friday, September 16, 2016
Another Billionaire Warns of Catastrophic Depths Not Seen in 5,000 Years – and Emphasizes Gold / Stock-Markets / Financial Crisis 2016
By: Jeff_Berwick
In past issues, we’ve documented increasingly concerned billionaires warning of dangerous economic times. Many have favored gold as an alternative allocation in a world where $13 trillion-worth of debt is negative yielding, interest rates are artificially suppressed and we’re on the brink of major wars.
The newest addition to this gold-loving billionaire’s club, is none other than hedge-fund manager Paul Singer. At CNBC’s Delivering Alpha Investors Conference this week, the founder of the $27-billion Elliott Management Fund, the 17th largest hedge fund in the world, mentioned that at current prices gold is “undervalued” and “underrepresented in many portfolios as the only … store of value that has stood the test of time.”
Read full article... Read full article...
Friday, September 16, 2016
Is The SPX Stock Market Top Finally In? / Stock-Markets / Stock Markets 2016
By: Chris_Vermeulen
The market is EXTREMELY oversold and is not yet in the Trending Mode! Therefore, with NO CONFIRMED Trend and oversold momentum oscillators, the market should bounce back, early this week. The SPX was in a Bollinger Band Squeeze for 5-6 weeks, but finally broke down, last Friday, September 9th, 2016. Every asset class was down. This is NOT “buy the bounce” situation.
Read full article... Read full article...
Friday, September 16, 2016
Stock Market Seatbelts Buckled? / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX continued its retracement to the 76.78% retracement level, very close to the 78.6% Fib retracement. The stopper appears to be the lower trendline of the Orthodox Broadening Top. This potentially adds validity to the formation and indicates a panic decline to its Average Target.
The average decline from the bottom trendline is 23%, while the majority of those declines are usually 20% or more.
Read full article... Read full article...
Thursday, September 15, 2016
US Election 2016 Fraud Probabilities / ElectionOracle / US Presidential Election 2016
By: DeviantInvestor
It is an election year and the media has obsessed over Trump’s inflammatory statements and HRC’s health. A recent Google search for “Hillary’s health” showed 140 million hits. Parkinson’s has been widely mentioned.
Thursday, September 15, 2016
Apple Tax Grab by EU Invades IRS Airspace / Politics / Taxes
By: John_Browne
On August 30th, the European Union (EU) Commission ordered the Irish government to reclaim some $14.6 billion of so-called back taxes plus interest from Apple Inc. The order challenged sovereign tax authority within the EU and well-established international tax rules. The aggressive stance of the Commission set off a furor of high level political argument among taxing authorities and multinational companies accustomed to complex but legal international tax planning. Apple's case was big enough to place it at center stage in a simmering problem for governments in striking a balance between attracting businesses, creating jobs, generating taxes and deciding precisely what type of earnings can be taxed.
Thursday, September 15, 2016
Next Financial Crisis Will be Far Worse than 2008/09 / Stock-Markets / Financial Crisis 2016
By: Chris_Vermeulen
We are living in “extraordinary” times, which will end with unpleasant consequences. The world is looking towards the Central Banks to sort out these problems, whereas, the Central Banks are clueless about how to handle this situation.
Never in history has the world seen 30% of global government debt at “negative yields”. This is an experiment, which is unlikely to end with a good result.
Read full article... Read full article...
Thursday, September 15, 2016
Crude Oil Prices: Investors Getting Comfortable with New Levels? / Commodities / Crude Oil
By: Nicholas_Kitonyi
When the price of oil breached above the $50 level, everyone thought alas, we could be hitting $70 before the end of the year. It was a steady rally that appeared to have turned the tide completely. However, things did not turn out as earlier predicted. Within no time, oil prices dropped again below $50 and have since failed to reach those levels. If anything, there are fresh fears that the price of crude oil could drop below $40 if the production levels remain unchecked.
Thursday, September 15, 2016
3 Clear Signs the US Stock Market Is Doomed / Stock-Markets / Stock Markets 2016
By: John_Mauldin
BY TONY SAGAMI : The Dow Jones Industrial Average has been going sideways ever since the Commerce Department reported that retail sales in July came to a grinding halt (0.0%).
At the same time, companies including Starbucks, McDonald’s, Ford, Burberry, and Gap are reporting disappointing sales. That means trouble in shopping paradise.
Read full article... Read full article...
Thursday, September 15, 2016
The Fed’s Monetary Monkeying Is Ruining Your Retirement and the Economy / Interest-Rates / Negative Interest Rates
By: John_Mauldin
The Fed’s mission is to maintain a stable inflation rate while spurring employment. Its main tools are the money supply and interest rates.
What is an interest rate? You might describe it as the price of money. Or in investment terms, it’s the price of liquidity. You don’t have cash now, but you expect to have it in the future.
Read full article... Read full article...
Thursday, September 15, 2016
The Fed Used Jackson Hole to Plan Negative Rates / Interest-Rates / Negative Interest Rates
By: John_Mauldin
Jackson Hole revealed things that did not make it into reports by the mainstream media. Turns out, the academic and philosophical underpinnings were being laid down for a radical expansion of the Federal Reserve’s toolbox.
The unthinkable policy that I’ve been warning about since last May—yes, we’re talking negative rates—was not only discussed at Jackson Hole, it was discussed in a positive, even slavishly approving, manner.
Read full article... Read full article...
Thursday, September 15, 2016
888.com: the future still looks bright despite ending interest in William Hill / Companies / Gambling
By: .....
...
Thursday, September 15, 2016
Crude Oil Price Trend Forecast 2016 September Update / Commodities / Crude Oil
By: Nadeem_Walayat
At the start of this year the prevailing mood in the oil market was not just one of doom and gloom but of catastrophe as the oil price sunk below $30, skidding by the middle of February to virtually touch $25, a period during which many prominent analysts and investment banks such as Goldman Sachs all of whom were bearish on the prospects for oil price this year even suggesting that the oil price could sink to as low as $10 (Standard Chartered) which meant that the oil producers, the frackers and even a string of nations such as Russia, Nigeria and Venezuela were on the fast track towards going bust as their oil profits that financed state spending budget deficits evaporated.
Thursday, September 15, 2016
Gold Waiting on the US Dollar to Begin its Intermediate Decline / Commodities / Gold and Silver 2016
By: Gary_Savage
Gold is flagging above the 200 week moving average while it waits for the dollar to generate the downward leg of its intermediate cycle.
Read full article... Read full article...
Thursday, September 15, 2016
Stocks Extend Their Fluctuations As Investors Await Series Of Economic Data Releases / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is now neutral, following S&P 500 index breakout above last year's all-time high:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral
Thursday, September 15, 2016
Great Day for Biotech Stocks / Stock-Markets / BioTech
By: Harry_Boxer
The stock market indices rebounded smartly in the morning, but got up to overhead resistance, particularly on the Nasdaq 100, which failed several times trying to get through 4770. At that point, the S&P 500 was trailing badly. They then went into an afternoon decline, and orderly retraced channel, 5-wave decline on the S&P 500, and then dropped right back to the 2120 level it reached twice in three days. This was the third test. That was successful. It bounced a few points off that level. It was not exactly a rip-roaring rally, but, nevertheless, support held for now, with the S&P 500 having a triple bottom, and the Nasdaq 100 having a right-handed, extended V-pattern, or rising wedge. No question with overhead resistance at 4770, or thereabouts on the Nasdaq 100, as well as for starters 2140-5 zone on the S&P 500 is going to be critical going forward.
Read full article... Read full article...