Here Is Why The Fed Can't Hike Rates By Even 0.25%

Submitted by Tyler Durden on 03/18/2015 - 19:10
the next time someone asks "why is Yellen so terrified of even the smallest possible rate hike", show them this chart above and explain that the Fed vividly remembers what heppened when LTCM blew up. What the Fed doesn't want, is not one but one thousand LTCMs going off at exactly the same time in what is now the world's most levered trade...

Dollar Flash Crashes: Currency Market Pulverized As Dollar Implodes After Close

Submitted by Tyler Durden on 03/18/2015 - 16:11 Complete Currency Carnage...

US Dollar Carry Trade Nightmare

from McalvanyFinancial:

Washington Retaliates: Shifts Anti-Missile Battery Into Poland, Begins Rapid-Response Drills

Submitted by Tyler Durden on 03/18/2015 - 18:07 As the world continues its push towards de-dollarization, Washington responds to Russian military preparedness by conducting drills in Moscow's backyard.

Greek Bank Deposit Outflows Spike As Capital Controls Concern Spreads

Submitted by Tyler Durden on 03/18/2015 - 18:40 With Greek bank bonds collapsing, stocks near record lows, Greek default risk at post-crisis record highs, and Greek government bond yields spiking, it has been surprisng that we have not seen the ATM lines and generalized 'panic' of a population in fear of being "Cyprus'd." Well, now as ekathimerini reports, that appears to escalating and rapidly as credit sector officials estimated that the flight of deposits yesterday alone amounted to 350-400 million euros, which was some five times higher than the daily average in previous days.

10 Investment Quotes To Live By

Submitted by Tyler Durden on 03/18/2015 - 18:30

This time is not different. The excesses being built up in the markets today will eventually revert just as they have been at every other peak in market history. The only question, of which no one has the answer to, is exactly when this occurs. With this in mind, there are 10-basic investment rules that have historically kept investors out of trouble over the long term. These are not unique by any means but rather a list of investment rules that in some shape, or form, has been uttered by every great investor in history.

"A Chaotic Balance Of Terror" - The Greek Government's Four Scenarios

Submitted by Tyler Durden on 03/18/2015 - 17:35 Where is the Greek government going with its approach? Four scenarios present themselves and hold the possible answer...

Just One Chart

Submitted by Tyler Durden on 03/18/2015 - 17:30 Because it's called a credit "cycle" for a reason...

US Air Force Veteran Indicted For Searching The Web and Traveling To Turkey With iPod

Submitted by Tyler Durden on 03/18/2015 - 17:12 As the Dept. Of Justice reports, a joint effort by the FBI and several New Jersey police departments has culminated in the indictment of US Air Force veteran Tairod Nathan Webster Pugh who “allegedly” pulled the terrorist trifecta by first accessing the internet and then traveling from Egypt to Turkey with an iPod and a picture of a machine gun.

Fed Growth Cut Unleashes Panic Buying Of Everything; Dollar Plunges Most Since 2009

Submitted by Tyler Durden on 03/18/2015 - 17:05

It's Happening - More US Allies Join The Anti-Dollar Alliance

Submitted by Tyler Durden on 03/18/2015 - 16:45 The United States government just went from “Please, baby, don’t leave me,” to frustrated threats and whining. After the UK announced it will join new China-led Asian Infrastructure Investment Bank (AIIB) as a founding member late last week, Germany, France and Italy decided yesterday to follow Britain’s lead and join as well. Welcome to the beginning of the end of the US dollar’s domination. It’s happening.

Ben Bernanke Was Right: "No Rate Normalization During My Lifetime"

Submitted by Tyler Durden on 03/18/2015 - 15:27 "At least one guest left a New York restaurant with the impression Bernanke, 60, does not expect the federal funds rate, the Fed's main benchmark interest rate, to rise back to its long-term average of around 4 percent in Bernanke's lifetime. "Shocking when he said this," the guest scribbled in his notes. "Is that really true?" he scribbled at another point, according to the notes reviewed by Reuters."

Goldman's FOMC Post-Mortem - "More Dovish Than Expected" But Hike Coming In September

Submitted by Tyler Durden on 03/18/2015 - 15:19 The March FOMC statement and projections suggested that September rather than June appears to be the most likely date for the first hike of the fed funds rate. Although the change to the "patient" forward guidance was close to expectations, the shift in the "dot plot" was most consistent with two rather than three 25 basis point hikes to the target range occurring in 2015. In addition, changes to the Committee's economic assessment were a bit more dovish.

Yellen Admits "Market Valuations Are On The High Side", Adds "No Comment" On Biotech, Social Media Stocks

Submitted by Tyler Durden on 03/18/2015 - 15:12 With a firm "no comment" Janet Yellen shied away from burstng the bubble in "extremely stretched" Biotech and Social Media stocks, but was forced to admit that "overall measures of equity valluations are on the high side." Then, rather oddly, she notes that The Fed sees unusually low spreads in corporate bond markets... which is odd since they have actually widened dramatically in the last year or so, perhaps signalling just how "high" valuations are in stocks...

The Final Phase of Manipulation, Corruption, and Idiocy

by Andrew Hoffman, Miles Franklin:
With each passing day, a greater share of the world’s 7.3 billion denizens are succumbing to the political, economic, financial, monetary, and social horrors of history’s largest fiat Ponzi scheme. After 44 years, it has enveloped all aspects of our existence, leaving a handful of sociopaths controlling our collective fate – and making it significantly worse with each disastrous decision. Everywhere one looks – from Asia, to Europe, Africa, Australia, and the Americas – living standards are weakening for all but the “1%” benefiting from said disastrous decisions. In this weekend’s “Death of the BRICS” Audioblog, we discussed how the five countries supposedly “leading” the global economy are collectively imploding; and as for the rest, the situation is far worse.
Currencies, commodities, and economic activity are plunging at “falling knife” speed; and yet the “evil Troika” of Washington, Wall Street, and the MSM continues to pretend otherwise. Not that anyone’s listening – as signified by CNBC’s ratings plunging to 1992 levels (i.e, when the station went on air); and this, amidst “record stock prices.”
Read More @ MilesFranklin.com

/