Tuesday, March 29, 2016

Trump Explains His 'Women Problems': "I Never Knew I Was Going To Run For President"



According to a number of recent polls, Donald Trump has a problem with women. Specifically, they don't seem to like him very much. But is the renewed focus on Trump's misogynistic rhetoric merely an attempt by his political rivals to capitalize on the billionaire's highly public wife spat with Ted Cruz, or will comments he made in the past represent a stumbling block in the national election?


Brussels Bombing Further Fractures EU, as Europeans Now in Full-On Survival Mode!

The EU Won’t Survive
from The Wealth Watchman:
As each day passes, things spin more quickly out of control. The past few weeks have seen some amazing things occur…things which I predicted, well in advance.
The reason I’m writing this piece though, is to offer real hope during these difficult times. It’s easy to see the casualties of war, but it’s harder to see the future ramifications of what is happening as it happens. Nevertheless, I wanna focus further on globalism, after my Brexit article last time. Specifically, I wanna speak to the newest catastrophe that’s on everyone’s mind, which is causing untold millions to reject globalism.
The Brussels Bombing: Six months ago, I wrote an article detailing why allowing the massive crowds of Islamic migrants to simply waltz across Europe was such a catastrophe.
Read More


Crushed By The Record Oil Squeeze, This Is How Energy Bears Are Shorting Crude Now

The result of the recent mega short squeeze in oil, has been a significant revulsion to shorting oil directly or indirectly, either by way of the underlying commodity or energy stocks, many of which have soared in tandem. And yet the shorts remain, and continue to press their bets on the troubled energy sector. However, instead of directly shorting crude and various first-derivative oil and gas companies, short sellers - burned by the recent squeeze - have changed their strategy and shifted their sights to secondary exposure, namely those regional banks that do business with the industry. 


"When Hawks Die" - Yellen-nado Sends Bonds, Stocks, & Bullion Soaring


 



 

Crude Rises After Gasoline Draw, Crude Build

Following last week's major surge in crude inventories, API reported a 2.6mm build (against expectations of a 3.1mm build) - 7th week in a row - which briefly jumped crude prices higher. A 319k draw at Cushing combined with draws in Gasoline (6th week in a row) and Distillates left oil pushing back to late-day highs.
  

Top Silicon Valley VC Laments: Startups Being Funded Are "Mostly Crap & Largely Worthless"

"...we’re in a phase where we’re realizing that the people who have been allocating capital thus far have done a horrendous job...the result is that most of the things we’ve funded are mostly crap and largely worthless."


The Economist acknowledges ‘financial repression’ — at a safe distance from London

by Chris Powell, GATA:

Dear Friend of GATA and Gold:
In an article headlined “A Tarnished Appeal,” The Economist magazine, the voice of the supposedly learned establishment, acknowledges this week that India’s government continues to wage a decades-old war on gold that arises mainly from the government’s own irresponsibility with its currency.
The Economist writes: “Decades of inflation and a much-debased rupee have pushed savers towards what is, in effect, a convenient way to insulate their nest-egg from the poor decisions of India’s policymakers (and, just as often, from its tax inspectors). In rupee terms, in other words, gold has been a stellar investment. …
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Obama Admin & UN Announce Global Police Force to Fight “Extremism” in US Cities

by Tim Brown, Freedom Outpost:

Did I call it or what? On Tuesday, in referencing the Muslim refugee resettlement program of the Obama administration, I said that it was a step to Balkanize and terrorize the West. I warned that as soon as the chaos ensues from this invasion, the United Nations will be more than happy to step in on US soil to “keep the peace.” Lo, and behold, the Obama administration has just made it known they are preparing for just such an event.
On Wednesday, Property-grabbing Loretta Lynch told the United Nations that the Attorney General’s office, working with several US cities, will be working on a global law enforcement initiative. She referred to this initiative as the Strong Cities Network.
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Gold, the Misery Index, and Insanity

by Rambus, GoldSeek:

In 1980 Ronald Reagan spoke about the Misery Index. An economist had added the inflation rate to the unemployment rate, called it the Misery Index, and used it to indicate the social costs and economic difficulty for the middle class.
Today the Misery Index is much smaller than in 1980, thanks to … intelligent fiscal management, economically beneficial monetary policy from the Federal Reserve, and wise political policy from the White House. If you believe any of those, read no further.
Most people will agree that the Misery Index is much smaller today because the numbers have been gimmicked.
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Has The Biggest Of All Bubbles Popped: Central Bank Omnipotence?

from Mark St. Cyr:
Since the initial turmoil began with the onset of what is now referred to as “The great financial crisis.” One strategy has proven more profitable than any other. That strategy? BTFD (buy the f___n’ dip.)
Regardless of what proprietary advice (short of insider trading,) nothing, as well as, nobody has had a track record worthy of comparison. All one has needed to do is, whenever a selloff occurred (as rare as they had been,) when “the dip” presented itself, the only thing to do was to “buy, buy, buy!”
Forget 2/20 management. Forget stock picking. Forget listening to experts, economists, fund managers, et al. You would beat them all over the last 6+ years if you just BTFD, then bought some more. It had been that easy. However, if it was that easy – why didn’t everyone “just do it?” Easy…
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COUNTDOWN TO TOTAL, IRREVERSIBLE CENTRAL BANK FAILURE

by Andy Hoffman, Miles Franklin:
The first thing to go will be the success of manipulations like the 12:00 PM EST “cap of last resort” – which strangely, has “morphed” closer to 11:30 AM EST in the past year or so, after a decade of showing up at the “same Bat-time, same Bat-channel.”
…as opposed to tried-and-true “2:15 AM” raids – as we’ve seen on 612 of the past 702 trading days; Precious Metal “flash crashes” in the wee hours of the night; and to the contrary, the “dead ringer” algorithm on the “Dow Jones Propaganda Average” I first wrote offour years ago – which shows up roughly three-quarters of all trading days, including eight of the last nine.  Let alone, the “DLITR,” or “don’t let it turn red” algorithm – which you can see below, was used eight times yesterday alone.
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Martin Armstrong Wonders, Will Trump Be Assassinated?

Martin Armstrong, Armstrong Economics:
Whenever the establishment is seriously threatened, they respond with assassination. This is historically the normal in all cultures. One of the more credible conspiracies about the Kennedy assassination centers on the fact that he was against expanding the military and opposed starting the Vietnam War. After Lyndon Johnson approved the war, he latter commented how it was a staged event and that the Vietnamese never fired on Americans to begin with. The official story was that North Vietnamese torpedo boats launched an “unprovoked attack” against a U.S. destroyer on a “routine patrol” in the Tonkin Gulf. Then, the North Vietnamese boats followed up with a “deliberate attack” on a pair of U.S. ships two days later. In 1965, Lyndon Johnson commented, “For all I know, our Navy was shooting at whales out there.” The military wanted war, regardless of the facts. They lied to the American people and took the lives of more than 50,000 boys.
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"Made Out Of Sand" - A Dramatic Look Inside A Newly Built Chinese Apartment

While real estate is all about "location, location, location," it appears there are sometimes more prescient factors that any prospective buyer should pay attention to. Amid yet another government-fueled housing bubble, it seems in their haste to fulfil a rapacious demand for property in which to gamble their hard-grafted assets, Chinese construction companies have cut a few corners. As the following stunning video shows, a "newly constructed apartment" crumbles before the owners' eyes as the 'concrete' walls turn to sand...



The Doha Dilemma - Prolonging The Agony Deeper & Longer

The stakes are rapidly rising in Doha given another supposed ‘freeze’ announcement would actually be read as outright OPEC / Russia failure without clear signals the market will see actual cuts. Doha doesn’t make for a quick kill. It merely prolongs the agony far deeper and far longer. Perhaps for some, that’s the redemptive point from US redetermination...



Sell In March And Go Away? There's Something About April During Election Years

"We transition from the best 6 month stretch for the S&P since 1950 into the worst 6 month stretch which commences in May. Moreover, while April has been the best month for the Dow over the past 65 years (+2.0%) during Presidential Election Year's April falls from a 1 seed to an 11 seed with an average loss of .9% according to the Stock Trader's Almanac"



Is Trump Right About NATO?

Trump is challenging the mindset of a foreign policy elite whose thinking is frozen in a world that disappeared around 1991. The era of the free rider is over.



A Recipe For Radicalization?

Presented with no comment...



CBO Misses Its Obamacare Projection By 24 Million People

Three years ago, on the eve of Obamacare’s implementation, the Congressional Budget Office (CBO) projected that President Obama's centerpiece legislation would result in an average of 201 million people having private health insurance in any given month of 2016. Now that 2016 is here, the CBO says that just 177 million people, on average, will have private health insurance in any given month of this year - a shortfall of 24 million people. Indeed, based on the CBO's own numbers, it seems possible that Obamacare has actually reduced the number of people with private health insurance.



Goldman's Take On Yellen's Dovish Deluge: "A Less Confident Take On Rate Normalization"

In recent weeks, Goldman Sachs has gained prominence by being the only bank left standing in its confidence that the Fed's forecast of 2 rate hikes in 2016 is wrong, and instead is sticking with its hawkish prediction of at least 3 rate hikes for 2016. This also explains why Goldman has been pounding the table on long US dollar bets, which incidentally have led to major losses in the past three major central bank announcements, two from Mario Draghi and one from Yellen. why we were curious how Goldman would reconcile the latest "dovish" shocker from Yellen which has unleashed a dramatic buying spree of all risk assets (as of this moments the S&P500 is trading at a 23x LTM GAAP P/E), with Goldman's hawkish bias.



Brazil's Coalition Government Officially Collapses As Vice President's Party Abandons Rousseff

In the latest blow to Brazil’s embattled President Dilma Rousseff, VP Michel Temer’s PMDB will split with the coalition government, further isolating the Worker’s Party as the country lurches towards a political meltdown. The PMDB’s decision was expected, but it still marks a key turning point in the effort to oust Rousseff, who angered opposition lawmakers when she attempted to appoint former President and Worker’s Party founder Luiz Inacio Lula da Silva to a ministerial position earlier this month. To paraphrase Lula himself: things are getting more "f**ked up" by the day.



Trump Campaign Manager Will Stay On Even If Convicted; Hires Stripper-Biting Lawyer

While it remains unclear how far, if anywhere, the lawsuit against Trump campaign manager Corey Lewandowski will go, who as reported earlier was charged with battery of former Breitbart reporter Michelle Fields during an altercation in early March, one thing is clear: he will remain in his post. According to The Hill, citing campaign spokeswoman Katrina Pierson, the Trump campaign "will stand by campaign manager Corey Lewandowski."



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