Monday, October 05, 2015
We’re Not Nearly As Worried About The Middle East As We should Be / Politics / Middle East
By: John_Rubino
What’s the opposite of a gift that keeps on giving? A mistake that keeps metastasizing.
Which pretty much sums up the US role in the Middle East. Beginning with the CIA’s 1953 overthrow of Iran’s democratically elected president and continuing through the multiple regime changes and invasions of recent years, various American governments have behaved like they both understood that region and had the power to mold it into a docile client that pumped oil, suppressed dissent and otherwise caused no trouble.
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Monday, October 05, 2015
The Social Challenge to Find Humanity in Capitalism / Politics / Social Issues
By: Bloomberg
Paul Tudor Jones, Founder of Tudor Investment Corp., joined hosts Stephanie Ruhle and David Westin for the debut of Bloomberg TV's new flagship morning program, Bloomberg <GO>. He discussed how the Federal Reserve is approaching monetary policy, his Just Capital initiative, income inequality, and the need for humanity in capitalism.
On a major macro shift in the market, Jones said: "I think for the first time since Volcker, probably, you see the Fed managing, in my mind, they're managing for the balance sheet to take out the tail risk associated, and associated with expanding debt virtually globally, and not to mention our federal debt. I think it points to a choppier market."
Monday, October 05, 2015
Fed Interest Rate Hike: "I don't care. It doesn't really make much of a difference" / Interest-Rates / US Interest Rates
By: Bloomberg
Steve Schwarzman, CEO, The Blackstone Group, joined hosts Stephanie Ruhle and David Westin for the debut of Bloomberg TV's new flagship morning program, Bloomberg <GO>. Schwarzman discussed the Federal Reserve, Volkswagen in the wake of the pollution controls scandal,2016, and Ohio State Governor John Kasich.
On whether there will be a rate hike from the Federal Reserve this year, Schwarzman said: "I don't care. It doesn't really make much of a difference. Interest rate hikes of 25% that people have been talking about for 2-1/2 years, I mean really. If you haven't discounted a lot of this stuff, they've got the issue that raising interest rates is probably a good thing. However their problem is that because the US currency has appreciated against almost everyone in the world, in effect, we've had the impact of an interest rate increase already through slowing of the economy."
Monday, October 05, 2015
Gold Rose 2.2%, Silver Surged 5.4% After Poor Jobs Number On Friday / Commodities / Gold and Silver 2015
By: GoldCore
– BIS warns “unrealistic and dangerous to expect that monetary policy can cure all the global economy’s ills”
– Bank of International Settlements warns that recent turmoil is not caused by isolated incidents
– Debt levels are now so extreme they threaten the financial system
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Monday, October 05, 2015
U.S. Jobs Report Moves Fed One Step Closer to QE IV / Interest-Rates / Quantitative Easing
By: Michael_Pento
The September Non-Farm Payroll Report came in with a net increase of just 142k jobs. The unemployment rate held steady at 5.1% and the labor force participation rate dropped to the October 1977 low of 62.4%. Average hourly earnings fell 0.04% and the workweek slipped to 34.5 hours. There were significant downward revisions of 22k and 37k jobs for the July and August reports respectively.
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Monday, October 05, 2015
Positive Stock Market Expectations Following Last Week's Rebound / Stock-Markets / Stock Markets 2015
By: Paul_Rejczak
Briefly: In our opinion, speculative long positions are favored (with stop-loss at 1,900, and profit target at 2,020, S&P 500 index)
Our intraday outlook is bullish, and our short-term outlook is bullish:
Intraday outlook (next 24 hours): bullish
Short-term outlook (next 1-2 weeks): bullish
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): bullish
Monday, October 05, 2015
No Interest in Easy Access Cash ISAs / Personal_Finance / ISA's
By: MoneyFacts
As the Government attempts to regenerate ISAs, the expectation for them to pay decent returns has grown. However, Moneyfacts.co.uk can reveal that not only does the ISA market remain under a gloomy cloud, but the average rate of an easy access ISA has now hit its lowest rate on record.
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Monday, October 05, 2015
Ron Paul - I Wish Nobody Was Bombing Syria / Politics / Syria
By: Dr_Ron_Paul
The US regime change policy for Syria has been a catastrophe. More than 200,000 killed and an entire country reduced to rubble at least partly because President Obama decided that "Assad has lost his legitimacy." How is it that the president of a country 6,000 miles away has the authority to decide whether another leader belongs in office or not? What if Rouhani in Iran decided that Obama had lost his legitimacy for killing a number of American citizens by drone without charge or trial? Would we accept that?
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Monday, October 05, 2015
Gold, Silver Precious Metals: a Critical Week Ahead / Commodities / Gold and Silver 2015
By: Rambus_Chartology
Lets get right to the charts today as there is so much to cover. Starting with the daily gold chart you can see the blue triangle pattern we've been watching now for several weeks or so. Last Thursday gold closed right on the bottom rail which I knew was an inflection point where it could go either way. When I went to bed Thursday night I knew Friday was going to be either a very good day or a very bad day depending on what gold did in the morning. As you can see on the chart below gold dipped slightly below the bottom blue rail and then reversed direction to the upside. That last touch of the bottom blue rail confirmed the 4th reversal point was complete. The rally on Friday is now the beginning of the 5th reversal point which will make the blue triangle a reversal pattern instead of a consolidation pattern if it breaks out above the top blue rail.
Monday, October 05, 2015
Stock Market Correction Still in Force / Stock-Markets / Stock Markets 2015
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend - Bull Market?
Intermediate trend - SPX is in the midst of an intermediate correction (at least).
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 discusses the course of longer market trends.
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Monday, October 05, 2015
Gold Price Change in Character / Commodities / Gold and Silver 2015
By: Gary_Savage
As most of you probably know the largest rallies occur during bear markets. They tend to be very aggressive and powerful. This is how one can tell the difference between a countertrend rally in a bear market and a rally in a new bull market. I’m going to suggest that the gold market is no longer acting like the typical bear market. Let me explain.
Notice how during every bear market rally over the last 3 years, the 2nd daily cycle, and sometimes the 1st daily cycle, launch higher very aggressively turning traders bullish very quickly. Once sentiment reaches 40 to 50% bulls, the rally runs out of steam and the next leg down begins. Typical bear market rally type behavior.
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Sunday, October 04, 2015
Fiat Currency Endgame - More QE, NIRP, bails-ins and Pensions Plunder... / Currencies / Fiat Currency
By: Clive_Maund
The fiat money system should be branded a "crime against humanity" because of what its unbridled excesses must inevitably lead to - chaos, destitution and war - which is what we are clearly heading towards.
Over the past year or so, the Fed let the idea take hold that it was going to gingerly start a rate rise cycle, which helped to fuel a big rise in the dollar. The ruse worked and the Fed got a lot of bang for no buck. However when push came to shove and the time arrived a few weeks back when they had to "put up or shut up", they backed down, and it became apparent that the whole thing was a hoax. They do actually want to start a rate rise cycle, in order to start trying to undo the enormous damage caused by their profligacy of recent years, and because they are gravely concerned about their own bloated balance sheet, but it is apparent to all and especially them that if they try it they will crash already very fragile stockmarkets and burst various asset bubbles simultaneously, like the Real Estate bubble, not to mention the towering derivatives overhang.
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Sunday, October 04, 2015
Putin’s Blitz Leaves Washington Rankled and Confused / Politics / GeoPolitics
By: Mike_Whitney
On Monday, Russian President Vladimir Putin delivered a blistering critique of US foreign policy to the UN General Assembly.
On Tuesday, Barack Obama shoved a knife in Putin’s back. This is from Reuters:
Read full article... Read full article...“France will discuss with its partners in the coming days a proposal by Turkey and members of the Syrian opposition for a no-fly zone in northern Syria, French President Francois Hollande said on Monday…
Sunday, October 04, 2015
More Selling for Stock Market, Gold? / Stock-Markets / Financial Markets 2015
By: Brad_Gudgeon
Last week, I was looking for a counter trend rally and we finally got it starting September 30. The stock market formed an irregular bottom on September 29 no doubt due to Mars square Saturn on September 25th and the super-moon lunar eclipse of September 27th. On Friday, October 2nd the moon was in Gemini, which is ruled by Mercury, which is currently retrograde (think Bermuda Triangle). The employment report was negative, which caused gold and silver to skyrocket and stocks to plummet (subscribers were alerted the day before of a possible move of GDX to the 14.40-14.50 zone for Friday). When stocks sold off Friday morning, it caused a positive divergence in the momentum indicators (the trend was up) and the SPX went from a 30 point deficit to plus 27 points by day’s end. Read full article... Read full article...
Saturday, October 03, 2015
Gold And Silver – A Reality Check / Commodities / Gold and Silver 2015
By: Michael_Noonan
There are two things about which everyone need be clear: 1. The lack of clarity of the identity of the global elites, AKA Rothschilds and their ilk, who control the world’s money supply along with every government, and 2. The demise of the fiat “dollar” and failed fiat Euro are not accidental. Everything, everything is planned decades, or more, in advance by the global elitSes. They control and use upper echelon characters, like Soros, Kissinger, et al, and their primary membership organizations like Council On Foreign Relations and United Nations, among others.
Saturday, October 03, 2015
We Are Nothing But Cattle In An Industrial Processing Facility / Politics / Social Issues
By: James_Quinn
There is a growing divide in the country and day by day it grows deeper and more irrevocable. All around us we see the signs, if we look for them, of decay and collapse built into the very system itself.
If you reward indolence, it will become the norm, if we practice wholesale slaughter from the womb to a foreign wedding party others will take the cue. If we celebrate slatterns and degenerates and ridicule the wholesome and traditional we will wind up with more of one and less of another.
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Saturday, October 03, 2015
Stock Market Primary IV Still, or Primary V Underway? / Stock-Markets / Stock Markets 2015
By: Tony_Caldaro
The week started at SPX 1931. After a gap down opening on Monday the market came within five points of retesting its August SPX 1867 low on Tuesday. Then the market gapped up Wednesday and Thursday hitting SPX 1927. On Friday the market gapped down to SPX 1894, then made a strong recovery and ended the week at 1951. For the week the SPX/DOW gained 1.00%, the NDX/NAZ gained 0.75%, and the DJ World index gained 0.70%. Economic reports for the week were mixed. On the uptick: the PCE, consumer confidence, personal income/spending, the ADP index, construction spending and the WLEI. On the downtick: pending home sales, the Chicago PMI, ISM manufacturing, factory orders, GDPn, monthly payrolls, plus weekly claims rose. Next week we get reports on the FOMC minutes and ISM services.
Saturday, October 03, 2015
The Secret About Amazon's Success / Companies / Internet
By: Steve_H_Hanke
Which company is a better investment, Google or Amazon.com? Conventional wisdom suggests Google, which turns huge profits, enjoys better gross margins, and has a far lower price-to-earnings ratio. Yet Amazon’s stock has returned 62.6 percent in the past year, compared with 9.6 percent for Google.
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Saturday, October 03, 2015
The Oil Industry’s Day of Reckoning / Commodities / Oil Companies
By: Investment_U
Ryan Fitzwater writes: Squeezed for cash and sweating...
That is the state of oil and gas exploration and production (E&P) companies as they enter October.
Our chart above shows just how overleveraged the industry has become in relation to other sectors. On average, E&Ps have 20 times as much debt compared to earnings before interest, taxes, depreciation and amortization (EBITDA) brought in over the last 12 months.
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Saturday, October 03, 2015
U.S. Interest Rate Hikes Keep On Slippin' Into the Future; Treasury Yields Sink Again / Interest-Rates / US Interest Rates
By: Mike_Shedlock
Treasury Yields Drop Again
Curve Watcher's Anonymous notes a further plunge in yields today following the disastrous payroll and factory order reports.
Yield on the 30-year long bond fell to 2.80% from 2.85% yesterday. Yield on the 10-year note once again sports a 1-handle at 1.97%, down from 2.03%.
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