Monday, May 16, 2016

How Stupid Do You Have To Be, Part 2: 100-Year Bonds / Interest-Rates / Global Debt Crisis 2016

By: John_Rubino

“Of course there are true copper bottomed mistakes, like spelling the word “rabbit” with three m’s, or wearing a black bra under a white blouse, or, to make a more masculine example, starting a land war in Asia.” — John Cleese

We all make mistakes, but some are bigger than others. An example of a serious one that’s both potentially catastrophic and easily avoided is to lend money for long periods during a time of rising debt and financial instability. Who, for instance, would commit capital for 30 years to Italy by buying that country’s long-dated government bonds? “No one” is the sane answer, yet those bonds do find buyers.

Monday, May 16, 2016

Financial Armageddon Looms On The Horizon As The EURO UNION IMPLOSION Nears / Stock-Markets / Financial Crisis 2016

By: I_M_Vronsky

History is testament that an ill-conceived fetus is doomed to a handicapped crippled adulthood. Thusly, many rational pundits perceive the hodge-podge jumbled union of many European nations, known as the Euro Union. But just as oil and water cannot be blended nor melded into a stable liquid, it logically follows that the haphazard mixture of many radically diverse nations are likewise immiscible…and will probably collapse in the not too distant future.

Monday, May 16, 2016

Here's Why the Gold and Silver Futures Market Is Like a Rigged Casino... / Commodities / Gold and Silver 2016

By: MoneyMetals

Clint Siegner writes: A respectable number of Americans hold investments in gold and silver in one form or another. Some hold physical bullion, while others opt for indirect ownership via ETFs or other instruments. A very small minority speculate via the futures markets. But we frequently report on the futures markets – why exactly is that?

Monday, May 16, 2016

Double-Digit Yields from Stocks Around the World / Companies / Investing 2016

By: The_Gold_Report

In this bulletin, Adrian Day reviews three companies with strong yields. All three are under some pressure, but equally all are solid companies with very attractive yields.

Ares Capital Corp. (ARCC:NASDAQ) (15.11, 10.1%) is a solid company, the largest of the dividend-paying BDCs. There have been some positive developments in the latest quarter: the Net Asset Value increased, modestly, again; there was improvement in the credit profile of its holdings; and it repurchased $5.5 million of its shares (though earlier in the quarter at lower prices).

Monday, May 16, 2016

Stock Market One Big Inflection Point We Will Look Back On / Stock-Markets / Stock Markets 2016

By: Chris_Vermeulen

This week will very likely be one we look back on as a big inflection point.  We will see that the bears are coming back.

It appears the market is forming a head and shoulders topping pattern. Thre are a couple different ways to trade this pattern depending on the level of skill and aggressiveness.

One can wait for a closing bar below the ‘neckline’ on the time-frame in which you have identified the pattern.  By operating on a closing bar basis you significantly reduce the risk of entering on a ‘false’ breakout. Entering prior to the close of the bar increases the risk of becoming part of the wick of a reversal candlestick should it close back above ‘neckline’ support.

Monday, May 16, 2016

Why Puerto Rico Defaulted and Greece Did Not / Interest-Rates / Global Debt Crisis 2016

By: Michael_Pento

The Caribbean island of Puerto Rico is in the throes of a debt crisis that recently reached a breaking point when it missed a $422 million bond payment due May 2nd. When asked in a subsequent interview about the likelihood of making future payments on the remaining $72 billion of debt, Puerto Rican Governor Alejandro Garcia Padilla noted that the U.S. territory “does not anticipate having the money.”

Monday, May 16, 2016

Stock Market Rally Back to the 4.5-year Trendline / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

SPX is above its 50-day Moving Average this morning. This has caused overlap in the decline and indicated something more bearish may result. Assuming that today’s Pi date is forecasting another Master Cycle low imminently, the overlap creates a (i)-(ii), i-ii scenario that suggests a flash crash may be in the making. This may be followed up by a plunge beneath the Head & Shoulders Neckline at 2040.00. The retracement may go as high as the 4.5-year trendline.

Monday, May 16, 2016

Donald Trump, the King of Debt Seeks US Presidency / ElectionOracle / US Presidential Election 2016

By: Peter_Schiff

During a lengthy interview on CNBC the week before last, Donald Trump, fresh from becoming the presumptive Republican nominee, came as close as any major presidential contender ever has to saying that America is not capable of repaying her debts in full, and that our path to economic recovery might involve some pain for our creditors. This moment of candor earned Trump almost as much condemnation as his earlier suggestions to ban Muslims from entering the United States.

Monday, May 16, 2016

Stock Market Futures Flat. Mixed Signals Abound / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

SPX Premarket has been flat up until now. There may be a better indication of direction closer to the open.

The attempts at a bounce have been technical and haven’t had a large effect. ZeroHedge reports, “The main risk over the weekend was that markets, which have now dropped for three consecutive weeks the longest negative streak since January, would focus their attention on the latest batch of negative Chinese economic news released over the weekend, which missed expectations across the board, most prominently in Retail Sales (10.1% vs. Exp. 10.6%, down from 10.5%) and Industrial Production (6.0% vs. Exp. 6.5% down from 6.8%), an

Monday, May 16, 2016

Stock Market Mixed Expectations Following Friday's Move Down - Will It Continue Lower? / Stock-Markets / Stock Markets 2016

By: Paul_Rejczak

Briefly: In our opinion, no speculative positions are justified.

Our intraday outlook is neutral, and our short-term outlook is neutral. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:

Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral

Monday, May 16, 2016

Watch Out For Fees When Using Your Credit Card Abroad / Personal_Finance / Credit Cards & Scoring

By: MoneyFacts

Holidaymakers who are preparing to take a trip abroad may be busily sorting out their travel money and packing their last-minute essential items, which probably includes their debit or credit card.

Despite being a convenient payment method when at home, the latest research by Moneyfacts.co.uk reveals that debit cards and most credit cards charge for use abroad, which is why holiday-goers should consider taking out a more cost-effective card if they expect to use their plastic during a trip.

Monday, May 16, 2016

Stock Market First Support Level Re-Tested / Stock-Markets / Stock Markets 2016

By: Andre_Gratian

Current Position of the Market

SPX Long-term trend: The beginning of a lengthy correction is most likely underway!

SPX Intermediate trend: May be in the process of forming a H&S bull market top.

Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.

Monday, May 16, 2016

Defense Bill Coming This Week: A Boost for War and Tyranny / Politics / US Military

By: Dr_Ron_Paul

For many of us concerned with liberty, the letters "NDAA" have come to symbolize Washington's ongoing effort to undermine the US Constitution in the pursuit of constant war overseas. It was the National Defense Authorization Act (NDAA) for 2012 that introduced into law the idea that American citizens could be indefinitely detained without warrant or charge if a government bureaucrat decides they had assisted al-Qaeda or "associated forces that are engaged in hostilities against the United States." No charges, no trial, just disappeared Americans.

Sunday, May 15, 2016

Union, Not Brexit, Threatens World Peace and Stability / ElectionOracle / EU_Referendum

By: Stephen_Lendman

Britain’s David Cameron has it backwards, warning Brexit threatens continental peace - calling support for the move “reckless and irresponsible,” risking Britain’s economic stability, leaving it “permanently poorer.”

Former London Mayor Boris Johnson hit back, saying Britain’s economy is independent of EU membership. The union doesn’t preserve peace, and supporting Brexit isn’t anti-European.

Sunday, May 15, 2016

Why Britain Must Choose Brexit Despite the Economic Damage All Economists Say She Will Suffer / ElectionOracle / UK EU Referendum

By: Submissions

Petros Diplas writes: Because Britain must maintain its current enviable and prestigious geopolitical position in the world and if possible to make it even stronger, not only for the sake of "History and the Empire" but also for an even greater future enrichment of herself. Because Britain’s area of interest is the entire world and not a subset which is Europe. Europe is good for Britain as long as it helps her in her global goals.

Sunday, May 15, 2016

How Referenda Threaten the EU / ElectionOracle / EU_Referendum

By: STRATFOR

Forecast

• In the coming years, national governments, opposition groups and civil society organizations will increasingly turn to popular votes to decide a broad range of EU-related debates.
• National governments will probably use referenda (or, more likely, the threat of them) to demand concessions from the European Union, to justify domestic decisions or to increase their own popularity.
• Votes will take place against a backdrop of growing nationalism and fear of globalization, and the results will likely freeze or reverse the process of EU integration.

Sunday, May 15, 2016

EU Referendum Opinion Polls Neck and Neck Despite Operation Fear, Support BrExit Campaign / ElectionOracle / EU_Referendum

By: Nadeem_Walayat

The average of the latest EU referendum opinion polls put the LEAVE and ReMAIN camps virtually neck and neck on 44% with 12% undecided, which compares against a month ago of 42% LEAVE and 48% REMAIN, 10% undecided. So it is no wonder that the REMAIN camp has gone into panic mode with a relentless torrent of fear mongering emanating from the establishment REMAIN camp.

The narrowing of the polls is even more remarkable given that Brexiters are financially outgunned by at least 10 to 1 as the government has been calling on a litany of state funded favours from the likes of President Obama, Bank of England Governor Mark Carney, IMF Chief Lagaard and even ex Prime Ministers such as Gordon Brown and John Major all of whom have been busy this week reading from the establishments fear script in an attempt to frighten the British people into PERMANENTLTY giving up ANY chance of attaining FREEDOM from the emerging anti-democratic European Superstate.

Sunday, May 15, 2016

Stock Market Cycle Low Next Week - Video / Stock-Markets / Stock Markets 2016

By: Gary_Savage

Transcript excerpt: in today's video I'm going to go over what i think is going to transpire next
week in a row also going to refute the notion that this is a daily cycle
so-called cycle experts calling this daily cycle low and they're claiming
that the intermediate cycle is rolling over that is correct in order to qualify
as a daily cycle oh yes to be deep enough for long enough to turn sentiment
at least modern Lee Parrish preferably extremely bearish one of the technical
signs of a daily cycle lows that it will be moving average down and you can see
this little three date did a dip in early April did not it was not deep enough for long enough to turn today

Sunday, May 15, 2016

‘Print the Money’: Trump’s ‘Reckless’ Proposal Echoes Franklin and Lincoln / ElectionOracle / US Presidential Election 2016

By: Ellen_Brown

“Reckless,” “alarming,” “disastrous,” “swashbuckling,” “playing with fire,” “crazy talk,” “lost in a forest of nonsense”: these are a few of the labels applied by media commentators to Donald Trump’s latest proposal for dealing with the federal debt. On Monday, May 9th, the presumptive Republican presidential candidate said on CNN, “You print the money.”

The remark was in response to a firestorm created the previous week, when Trump was asked if the US should pay its debt in full or possibly negotiate partial repayment. He replied, “I would borrow, knowing that if the economy crashed, you could make a deal.” Commentators took this to mean a default. On May 9, Trump countered that he was misquoted:

Sunday, May 15, 2016

Walkers Crisps 'Spell and Go' Holidays Tesco Bagging Area Instant Win! / Personal_Finance / Freebies and Comps

By: Anika_Walayat

There are several ways to win a prize in the Walkers Crisps Spell and Go Promotion. Apart from the instant wins in the individual crisp packets (not multi-packs), there are also the Tesco bagging area wins where you can win anything from a pair of sun glasses to a holiday! See our our experience about it in this video -