Submitted by Tyler Durden on 04/30/2016 - 20:58 "It is becoming increasingly clear to us that the level of yields at which credit expansion in Europe and Japan will pick up in earnest is probably negative, and substantially so. Therefore, the ECB and BoJ should move more strongly toward penalizing savings via negative retail deposit rates or perhaps wealth taxes. With this stick would also come a carrot – for example, negative mortgage rates."
Submitted by Tyler Durden on 04/30/2016 - 18:10 "We exist, beyond any shadow of any doubt, in an environment of absolute fakery where nothing is real... All of this is being played in a way to keep people believing, once again, that the system is working and will continue to work."
Submitted by Tyler Durden on 04/30/2016 - 22:00 The ugly unspoken truth is that the War on Drugs is a massive jobs and funding program for law enforcement that is operated under the guise of saving people from the evils of substance abuse. More than 40 years after it was started, we know that it has been a colossally-expensive epic failure on its stated goals, was intentionally designed to further disenfranchise marginalized groups, and has become a full-fledged assault on our civil liberties.
Submitted by Tyler Durden on 04/30/2016 - 21:30 Like many controversial topics in investing, there is no real professional consensus on market timing. Academics claim that it’s not possible, while traders and chartists swear by the idea. That said, as VisualCapitalist's Jeff Desjardins notes, one thing that everyone can probably agree on is that markets are cyclical and that securities do have recurring chart patterns. They aren’t predictable all of the time, but learning the fundamentals around market cycles can only help an investor in furthering their understanding of how things work.
Submitted by Tyler Durden on 04/30/2016 - 20:25 Chinese President Xi Jinping recently announced that he would take command of all of China’s armed forces, including the People’s Liberation Army (PLA). Xi is already chairman of the Central Military Commission that oversees the army. He is now taking a more direct role as head of the new Joint Operations Command Center, which puts him in operational command of the PLA in times of war. The new title in all likelihood means little in terms of actual command, but it has tremendous political significance. Officially, the Chinese are reforming their military, which is logical (read why here). The roots of this change, however, lie in China’s economic crisis and the need to preserve the regime.
Submitted by Tyler Durden on 04/30/2016 - 19:48 First sign of disorderly market: widening bid-offer spreads
Second sign: gapping
In extreme cases, dealers stop answering their phones
Submitted by Tyler Durden on 04/30/2016 - 19:15
Submitted by Tyler Durden on 04/30/2016 - 18:45 We (the people) love the smell of 'free stuff' in the morning...
According to the Anti-Defamation League, Trump needs to stop using the phrase “America First” because it’s “anti-Semitic.”
The ADL press release shared yesterday urged Trump “to reconsider his use of the phrase ‘America First’,” saying it was used by so-called anti-Semites “seeking to keep the nation out of World War II.”
“The most noteworthy leader of the ‘America First Committee’ was Charles Lindbergh,” the ADL said, “who sympathized with the Nazis and whose rhetoric was characterized by anti-Semitism and offensive stereotypes.”
One day we’re saving the banks; the next day we’re saving the auto industry; the next day we’re trying to see whether we can have some impact on the housing market. – President Barack Obama
Yesterday’s New York Times devoted 6,000 words and a main feature to nothing short of an all-out defense of Obama’s economic legacy. In the process, they went full Keynesian.
From the opening paragraph that detailed Obama’s singlehanded efforts to rebuild the U.S. economy following the 2008 financial crisis, it was clear that author Andrew Ross Sorkin is more than simply a member of the lapdog media. Like a true believer, Sorkin bowed down at the altar of Obama’s government.
Salt is an essential mineral that our bodies require. Without it, our bodies develop deficiencies as it becomes chemically imbalanced. Our nervous system, muscles and the entire body eventually weaken.There are varieties of different kinds of salt from sea salt to white salt, but there is one that provides benefits to the body and it is known as, “Pink Himalayan Salt.” This salt has been found to contain many beneficial minerals that are essential to our bodies.
Origin of Pink Himalayan Salt
From its origin which is the Himalayan Mountain, about 200 million years back, crystallized sea beds of salt covered with lava were discovered.
I don’t know if he’s delusional and really believes what he’s saying or if he’s so used to saying the opposite of the truth that the lies just flow naturally out of his mouth. I just don’t know. But this I do know: the truth about anything is the opposite of what Obama claims to be the case. I just have to point to Obamacare to prove that point.
Fox News this morning is reporting that Obama’s Syria policy has failed. It’s more like Obama’s Presidency has failed.
Obama made the claim yesterday that the movie, “The Big Short” is a lie and that his Presidency reigned in Wall Street and made “the financial system more stable.” But the truth is that not only is “The Big Short” 110% true, the reality is that Wall Street’s fraud and criminality is worse now than it was during the housing bubble.