Tuesday, March 22, 2016

ISIS Claims Responsibility For Brussels Terror Attacks That Killed Over 38







First Picture Released Of Belgium Suicide Bombers

La Dernière Heure has released what it says is the first picture of the three suspects in this morning's attack on the Brussels airport.



Bill Gross: The Collapse Of Valeant Is A Preview Of The Failure Of Global Monetary Policy





The Dangers Of New York City’s Public Wi-Fi

If you’re a NYC resident and find yourself excited about the city’s public Wi-Fi network known as LinkNYC, you may want to think again.



Toronto's Notorious Ex-"Crack Mayor" Rob Ford Dies After Battle With Cancer

Toronto's notorious former mayor Rob Ford, who served between 2010 and 2014 and became world famous when he was caught on video smoking crack on multiple occasions during his term, died Tuesday after a battle with cancer.



Terrorists 0 - 1 Dip-Buyers

If you sell (or don't buy) then the terrorists have won...




Trump Calls For Waterboarding And "A Lot More," Clinton Says Torture "Not Effective"

"Waterboarding would be fine and if they could expand the laws, I would do a lot more than waterboarding, You have to get the information and you have to get it rapidly." -- Trump"
"Our country's most experienced and bravest military leaders will tell you that torture is not effective." -- Clinton



Oil Rips On Yet Another Doha "Freeze" Meeting Headline (As Predicted)

Around 915ET we tweeted the need for an OPEC meeting headline as oil prices started to accelerate losses. 70 minutes later, the market's "wish" was granted when Algeria (yes, seriously) announced they will attend, Nigeria is hopeful, and Libya said it would not attend... of course any headline is a buying opportunity and the algos went wild...



Someone Is Wrong

You decide...



FX Market Chaos Signals Brexit Risk Surge Post-Belgium

The markets' various indicators of 'Brexit Risk' are all elevated this morning post-Belgium-attacks but most crucially, the cost of protection against pound currency swings over EU currency swings has jumped to the highest ever signalling the highest market-impled risk of Brexit so far. As Fed's Lockhart warned yesterday, the contagious risk of Brexit will likely spread to the US economy - so this is not to be ignored.



WTF Chart Of The Day: Richmond Fed Prints 9 Standard-Deviation Beat Near 23 Year Record Highs












President Obama Addresses Cuban Freedom & Belgian Martial Law - Live Feed

Following yesterday's awkward press conference, democracy-enforcing President Obama is set to address the Cuban people (living under a dictatorship). We are sure the Nobel-peace-prize winner will offer hope for 'freedom', suggest 'change' is coming, and downplay any fiction-peddlers. Of course, given the atrocities in Belgium we assume he will also address the lockdown and removal of personal freedom underway in Brussels also.



US Manufacturing PMI Misses By Most Since 2013, Presidential Election Blamed

Given the extraordinary jumps in several regional Fed surveys, hope was rife that US Manufacturing PMI's flash print would jump... it didn't. Hovering near multi-year lows at 51.4, PMI missed expectations of 51.9 by the most since Aug 2013. With record highs in wholesale inventories, Markit claims that "pre-production inventories decline at the steepest pace in over 2 years." The blame for this plunge: dollar strength, weak global demand, and Trump.



Trump Blasts Muslims After Brussels Attack: "We Cannot Let These People Into Our Country"

"They have to be more open with the police. They have to let people know when they see people making bombs on the first floor of an apartment."



"This Is Unprecedented": Smart Money Throws Up All Over "Rally", Sells Stocks For Eight Straight Weeks

"Last week, during which the S&P 500 climbed 1.4%, BofAML clients were net sellers of US stocks for the eighth consecutive week, in the amount of $1.4bn—suggesting clients still doubt the sustainability of the rally. This is the longest selling streak since Oct-Dec 2010"




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