Submitted by Tyler Durden on 02/02/2016 - 16:03
Submitted by Tyler Durden on 02/02/2016 - 11:22 Major retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the country. It appears that the retail apocalypse that made so many headlines in 2015 has gone to an entirely new level as we enter 2016.
Submitted by Tyler Durden on 02/02/2016 - 16:25 Systemic fragility doesn't respond to central bank jawboning or Keynesian claptrap; unlike those "policy tools," fragility is real.
Submitted by Tyler Durden on 02/02/2016 - 13:22 "The severely adverse scenario is characterized by a severe global recession, accompanied by a period of heightened corporate financial stress and negative yields for short-term U.S. Treasury securities.... As a result of the severe decline in real activity and subdued inflation, short-term Treasury rates fall to negative ½ percent by mid-2016 and remain at that level through the end of the scenario."
Submitted by Tyler Durden on 02/02/2016 - 15:54 Now that Shkreli is under house arrest and with drug prices continuing to surge with every passing year now that "America's most hated man" is looking at years behind bars, we wonder: where is the outrage? We can't help but wonder: was Martin Shkreli nothing more than a distraction to the real corruption taking place behind the scenes?
Submitted by Tyler Durden on 02/02/2016 - 14:55 Yield “fatigue” may be overtaking yield “euphoria”. The further central banks go down the rabbit hole of unique monetary policy, the greater the fear factor of how normality will eventually be restored. And asBofAML's Michael Hartnett highlights, the risk of “quantitative failure” in markets grows.
Submitted by Tyler Durden on 02/02/2016 - 13:47 PLANNED MARCH SALE OF 10-YEAR JAPANESE GOVERNMENT BONDS THROUGH BANKS TO BE CANCELED AMID EXPECTED BELOW-ZERO YIELDS - NIKKEI
JAPAN'S MINISTRY OF FINANCE IS EXPECTED TO ANNOUNCE WEDNESDAY THE FIRST-EVER DECISION TO CALL OFF SALES OF 10-YEAR JGBS- NIKKEI
Submitted by Tyler Durden on 02/02/2016 - 14:15
Submitted by Tyler Durden on 02/02/2016 - 13:55 As the head-shrinking Zika outbreak worsens in Brazil with nearly 4,000 cases of microcephaly since the beginning of last year, it's Dilma versus the mosquitoes, and she's going to win even if it means breaking into Brazilians' homes.
Submitted by Tyler Durden on 02/02/2016 - 13:35 "The world badly needs higher oil prices."
The Numbers Are In: Hedge Funds Furiously Dumped The Rally; Selling Was "Biggest In Nearly Two Years""Net sales last week by hedge funds were the biggest in nearly two years and the fourth-largest in our data history. This follows near-record levels of net buying by this group in early January."
The London gold/silver fix was established in 1919 principally by the House of Rothschild to enable the Rothschilds to control international money markets through the manipulation of the price of gold. The daily gold/silver fix was conducted in the offices of N.M. Rothschild and Company. Fast-forward to 2016 and very little about the London fix has changed, other than some of the names involved with setting the “fix.”
As most of you know by know, the London price fix committee “fixed” the price of silver 84 cents below the market price as represented by silver futures trading. In the context of the daily interventions in the precious metals market in London and NYC, this act of manipulation was a particularly brazen display of contemptuous disregard for anti-collusion laws.
from The Political Insider:
As Iowa caucus-goers vote Monday in the critical early primaries for Republicans and Democrats, major questions are being raised about the company in charge of counting the votes!
Software giant Microsoft, which volunteered to provide the technology to tally caucus votes in these close elections, is a major political donor and pro-amnesty advocate.
Because of Senator Marco Rubio’s (R-FL) role in the “Gang of 8” amnesty legislation, they have become Rubio’s second largest contributor. Since 2011, they have already donated $33,100.
Hillary Clinton has got a real fight on her hands.
The one-time front-runner for the Democratic presidential nomination faces a protracted two-person race following a virtual tie in the Iowa caucuses on Monday after half the voters disillusioned by Washington turned against the establishment politician.
Her rival, Bernie Sanders, an independent senator from Vermont, galvanized a group of Democrats including many younger, first-time, low-income voters, promising to be the champion of the underpaid, overworked American worker.
All over America, rates of violent crime are absolutely soaring. As you will see below, violent crime overall shot up by 20 percent in Los Angeles last year, and the police are telling people that “they need to be able to protect themselves” because the police may not be able to get there in time when they call. Thanks to deep budget cuts, police departments across the nation are already severely undermanned, and our major cities are now seeing crime rates increase at a pace that we have not seen in ages. In a previous article, I encouraged my readers to focus on the five basics of preparation – food, water, shelter, energy and self-defense. Of those five, it is often self-defense that is the most neglected. When bad people break into your house in the middle of the night intending to do bad things, what are you going to do? Many of us have not had to think about that for a long time, but now conditions are rapidly changing in America.
Big Brother does not watch us, by his choice. We watch him, by ours. There is no need for wardens or gates or Ministries of Truth. When a population becomes distracted by trivia, when cultural life is redefined as a perpetual round of entertainments, when serious public conversation becomes a form of baby-talk, when, in short, a people become an audience and their public business a vaudeville act, then a nation finds itself at risk; a culture-death is a clear possibility. — Professor Neil Postman
If there are two spectacles that are almost guaranteed to render Americans passive viewers, incapable of doing little more than cheering on their respective teams, it’s football and politics—specifically, the Super Bowl and the quadrennial presidential election.
The US federal government debt is now $19 trillion, having risen over a trillion each year of the Obama administration.
This article will examine US economic status, and obvious solutions promoted by many of America’s brightest minds since Benjamin Franklin wrote a pamphlet how colonial Pennsylvania operated its government without taxes, and which we could easily do today.
Let’s examine just some of the facts of the current US economy that demonstrates it’s criminal status: