Why JPMorgan Believes Central Banks Can No Longer Save The Day

Submitted by Tyler Durden on 04/02/2016 - 18:28

"We think that the recent rally in risk assets gained much from dovish actions and messages from central banks, in particular the ECB, Fed and the PBoC. One can only applaud the seriousness and pro-activeness that central banks apply to their mandates. But aren’t investors counting too much on central banks carrying the day if not the cycle?  This analyst thinks so, without disparaging their efforts, as central banks are almost out of ammo, and their tools are not well suited to handle the problems of slowing company profits and productivity."
 

Black Lives Matter Activist: "If Trump Wins We Will Incite Riots Everywhere

Submitted by Tyler Durden on 04/02/2016 - 20:12

Trump: "The Country Is Headed For A Massive Recession; It's A Terrible Time To Invest In Stocks"

Submitted by Tyler Durden on 04/02/2016 - 21:30 "I think we’re sitting on an economic bubble. A financial bubble... We’re not at 5 percent unemployment. We’re at a number that’s probably into the 20s if you look at the real number. Is it a good time to invest now? "Oh, I think it’s a terrible time right now. You have a situation where you have an inflated stock market. It started to deflate, but then it went back up again. Usually that’s a bad sign. That’s a sign of things to come."

The Fretting Among Wall Street Gurus Has Begun

by Wolf Richter, Wolf Street:
Something has to give.
A stock market that has rallied sharply to ludicrous valuations is normally accompanied by a booming IPO market. They’re like twins. The S&P 500 jumped 13.5% in seven weeks – to bring it back up to flat year-to-date, a lofty perch, though down a smidgen from its all-time high in May 2015. But year-to-date, the IPO market is in the worst shape since 2009.
Something has to give.
“Either the IPO market is going to pick up, or the stock market is going to pull back, but it’s hard to envision both conditions peacefully coexisting,” Jack Ablin, chief investment officer at BMO Private Bank told the Wall Street Journal.
In the US, only 8 IPOs made it through the window in the first quarter, according to Renaissance Capital’s Quarterly IPO Review, dated March 31. They were all early-stage medical device or biotech companies. Two from China. Not a single one has a product or revenues.
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Avoid Putting Your Money in These Banks

by Simon Black, Sovereign Man:
A friend of mine who’s an equities analyst at a large brokerage firm recently sent out pretty ironic note to all of his private clients.
He focuses on the financial sector, so his job is basically to analyze bank stocks and figure out which ones his investors should buy.
To determine this, he does a deep dive on banks’ financial statements, assessing everything from their capital levels to their non-performing loan ratios.
That’s a fancy way of saying that financial analysts who concentrate on bank stocks conduct a LOT of research to make sure the banks are SAFE and will be in good shape in the long-term.
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Wikileaks Reveals IMF Plan To "Cause A Credit Event In Greece And Destabilize Europe"

Submitted by Tyler Durden on 04/02/2016 - 13:40 In a leaked transcript, IMF staffers are caught on tape suggesting that a threat of an imminent financial catastrophe was needed to force other players into accepting its measures such as cutting Greek pensions and working conditions, or as Bloomberg puts it, "considering a plan to cause a credit event in Greece and destabilize Europe."

Character Traits And Skills That Are Hard To Find During A Crisis

Submitted by Tyler Durden on 04/02/2016 - 22:01
With the growing instability present in the state of the world today it would be rather foolish to assume that the near future holds nothing but fairy dust, unicorns and gumdrops. Preparation is a necessity. The right people in the right place at the right time — no crisis. The wrong people in the right place at the right time — total destruction. Therefore, the key to surviving any crisis is to have the right people in place, and to be well away from the wrong people. The question is, who are the right people?

Shocking Video From Brussels Anti-Islam Protest Of Moment Muslim Woman Is Run Over By Car

Submitted by Tyler Durden on 04/02/2016 - 20:36
The most shocking and violent moment of today's anti-Islam protests in the notorious Molenbeek district took place when a car drove toward the police line, spraying a fire extinguisher. While driving off, the Audi hit a muslim woman head on.

Greek Prime Minister Sends Angry Letter To Christine Lagarde Over IMF Leak

Submitted by Tyler Durden on 04/02/2016 - 19:59

The Great Divide: The Death Of The Middle Class

Submitted by Tyler Durden on 04/02/2016 - 19:50 The Middle Class is dying. Unlike the oligarchs’ Big Banks, we are not “too big to fail.” Our jobs are gone. Our unions are gone. Our Middle Class wages are gone. Very soon, our homes will be gone. But don’t worry! It’s just the New Normal.

America's "Capitalist" Economy Explained By 2 Dogs

Submitted by Tyler Durden on 04/02/2016 - 19:10 Presented with no comment...

Why JPMorgan Believes Central Banks Can No Longer Save The Day

Submitted by Tyler Durden on 04/02/2016 - 18:28
"We think that the recent rally in risk assets gained much from dovish actions and messages from central banks, in particular the ECB, Fed and the PBoC. One can only applaud the seriousness and pro-activeness that central banks apply to their mandates. But aren’t investors counting too much on central banks carrying the day if not the cycle?  This analyst thinks so, without disparaging their efforts, as central banks are almost out of ammo, and their tools are not well suited to handle the problems of slowing company profits and productivity."

White House Censors French President's Use Of The Words "Islamic Terrorism"

Submitted by Tyler Durden on 04/02/2016 - 17:50 Not only does President Obama refuse to join the words “Islam” and “terrorism,” but the White House won’t let anyone else do it either.

IMF's Christine Lagarde: "When The World Goes Downhill, We Thrive"

Submitted by Tyler Durden on 04/02/2016 - 17:18
"When the world around the IMF goes downhill, we thrive. We become extremely active because we lend money, we earn interest and charges and all the rest of it, and the institution does well. When the world goes well and we’ve had years of growth, as was the case back in 2006 and 2007, the IMF doesn’t do so well both financially and otherwise."
- Chrstine Lagarde

Shuffling The Deckchairs On The USS Perpetual Growth

Submitted by Tyler Durden on 04/02/2016 - 16:30
The Fed Funds rate is functionally pointless now that Interest on Excess Reserves are higher and deposit rates are zero. The bottom line is that the Fed must keep asset prices up because assets are collateral for potentially deflationary systemic debt.

"Production Freeze" Narrative Collapses In Two Days: Russian Oil Output Hits New Post-Soviet Record

Submitted by Tyler Durden on 04/02/2016 - 15:53
How quickly the oil production freeze narrative has fallen apart.

"The Coming War Will Solve Our Unemployment & Growth Problem"

Submitted by Tyler Durden on 04/02/2016 - 15:10 On the eve of World War II, Keynes delivered the following chilling address on the BBC, talking about the "grand experiment" of curing unemployment through war expenditure...

"I'm 100% Sure" The US Presidential Campaign Is Being Tampered With

Submitted by Tyler Durden on 04/02/2016 - 15:52 There is a growing recognition of the increasing tail wagging the dog nature of the internet's control over election outcomes. We recently detailed "the hidden persuaders" at work showing how the internet has spawned subtle forms of influence that can flip elections and manipulate everything we say, think and do. Confirming all of this to be chillingly true is Andrés Sepúlveda, who rigged elections throughout Latin America for almost a decade. On the question of whether the U.S. presidential campaign is being tampered with, he is unequivocal - "I'm 100 percent sure it is."

Man Harassed And Fined For Planting Vegetables In His Own Yard

by Lily Dane, Activist Post:
A family in Sugar Creek, Missouri grew the beautiful vegetable garden in the photo above.
They’ve been given four days to tear out the entire garden or face a fine.
Why? Because it is in their front yard, and city officials and a few neighbors don’t like it.
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Cashless: Fascism With a Friendly Face

by Chris Campbell, LFB:

The cashless society is coming.
The Bank of Korea has announced it’ll be fully cashless by 2020. The Swedes are well on their way, too. Bills and coins represent just two percent of its economy, compared with 7.7 percent in the U.S.
In Stockholm, according to New York Times’ Liz Alderman, “Parishioners text tithes to their churches. Homeless street vendors carry mobile credit-card readers. Even the Abba Museum, despite being a shrine to the 1970s pop group that wrote ‘Money, Money, Money,’ considers cash so last-century that it does not accept bills and coins.”
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Citadel’s Ken Griffin: Poster Child for Americans’ Anger in this Election

by Pam Martens and Russ Martens, Wall St on Parade:

According to Forbes, Ken Griffin, CEO and founder of the hedge fund, Citadel, has a net worth of $7.6 billion. But unbeknownst to most Americans, Citadel received a windfall boost from the taxpayers’ pocketbook sometime between September 18 to December 12, 2008. That was during the Wall Street crash when the U.S. government had taken over the big insurer, AIG, and decided to pay 100 cents on the dollar on AIG’s obligations to Wall Street banks and hedge funds.
Did the U.S. government have to pay 100 cents on the dollar when AIG was unable to pay what it owed. Absolutely not. It could have negotiated prudently on behalf of the taxpayer. Instead, it doled out at least $93.2 billion as payment in full to banks and hedge funds, of which Citadel received at least $200 million. We say, at least, because all U.S. taxpayers are allowed to know in this matter by their government is what happened during that brief window of September 18 to December 12, 2008.
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A tale of two currencies

by Alasdair Macleod, Gold Money:

There is a widespread and growing feeling that financial markets are slipping towards another crisis of some sort.
In this article I argue that we are in the eye of a financial storm, that it will blow again from the direction of the advanced economies, and that this time it will uproot the purchasing power of major currencies.
The problems we face have been created by the major central banks. I shall assume, for the purpose of this article, that a second financial and monetary crisis will not have its origin in the collapse of China’s credit bubble, nor that Japan’s situation destabilises.
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Breakthrough cancer cures documentary threatens to collapse the for-profit cancer industry… launches April 12th… will be viciously attacked by the entire pharma-controlled media

by Mike Adams, Natural News:
(UPDATE: Registration is now open for The Truth About Cancer (FREE). The videos start streaming for free on April 12th. Click here to register now.) In case you didn’t notice, we are living in an age of extreme medical censorship. Over the last week or so, we’ve all watched in fascination as the entire mainstream media called for the outright censorship of a vaccine documentary they had never even seen. That documentary — “VAXXED” — was so dangerous to the medical establishment that orders went out to the media to attack it and destroy it.
Similarly, a book called “A Mind of Your Own,” authored by a holistic doctor named Dr. Kelly Brogan, was blackballed by the entire mainstream media after orders went out to crush the book. It recommends a holistic, nutrition-based approach to mental health while exposing the lies and science fraud behind antidepressants and SSRI drugs.
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