Thursday, June 23, 2016

It's All Over As "Leave" Wins Brexit Campaign: Markets Everywhere Are Crashing




Morgan Stanley Explains "What Leave Means" (Spoiler Alert: A Lot Of Pain For The Longs)



"We see GBP moving to 1.25-1.30 and 15-20% downside to European equities relative to Thursday's levels. Corporate and sovereign credit present the best opportunities to buy on weakness"
 

How To Defuse A Rabid Anti-Trumper






"Just for fun, I've un-hypnotized several rabid anti-Trumpers lately," Dilbert creator Scott Adams explains, noting that it takes less than ten minutes, requires nothing but conversation, and you can probably pull it off just by reading how he did it. Here's how...

Spot The Odd One Out - Political Uncertainty Edition


The End Of Cheap China - 16 Emerging Low Wage Economies











International capitalism requires a low-wage, high-growth region for high rewards on risk capital. In the 1880s it was the United States, for example. China was the most recent region, replacing Japan. No one country can replace China, but we have noted 16 countries with a total population of about 1.15 billion people where entry-level manufacturing has gone after leaving China.

  

Chinese Bankruptcies Surge More Than 50% In Q1; Worse To Come













Chinese bankruptcies have surged this year "as the government uses the legal system to deal with “zombie” companies and reduce industrial overcapacity as part of a broader effort to restructure the economy." In just the first quarter of 2016, Chinese courts have accepted 1,028 bankruptcy cases, up a whopping 52.5% from a year earlier, according to the Supreme People’s Court.

Heroin Use In The United States Reaches A 20 Year High













War on Drugs... Lost!

Farage Denies Conceding: "We Haven't Had A Single Bloody Vote Counted"; S&P Futures Surge












In a twist worthy of a soap opera, just minutes after Sky and the major newswires reported that Nigel Farage said "looks like Remain will edge it", a Nigel Farage spokesman told Bloomberg that "he never conceded. He looked at the prevailing weather and was honest. We're not saying it's over. We haven't had a single bloody vote counted", even as just moments later, wires reported that Nigel Farage told the Press Association he thinks Britain has voted to stay in the European Union based on “what I know from some of my friends in the financial markets who have done some big polling”.

America's Seen 50% Surge In Partisan Conflict Since Obama's Second Term Started













'Hope & Change' and devolved into Nope & Deranged... Since the start of President Obama's second term, Goldman Sachs note that the Partisan Conflict Index has averaged 50% higher than its 30 year average. So who is to blame? President Obama's divisiveness? Or The Federal Reserve's extremely accommodative monetary polict removing any need for actual decision-making?

"I've Never Felt So Resigned To The Fact That We Are All Stuck..."












"I’ve never felt so ... resigned ... to the fact we are ALL well and truly stuck. The Fed is stuck. The ECB and the BOJ are stuck. The banks are stuck. Corporations are stuck. Asset managers are stuck. Financial advisors are stuck. Investors are stuck. Republicans are stuck. Democrats are stuck. We are all stuck in a very powerful political equilibrium where the costs of changing our current bleak course of ineffective monetary policy and counter-productive regulatory policy are so astronomical that The Powers That Be have no alternative but to continue with what they know full well isn’t working."

UK Polls Close As Nigel Farage Says That "Remain Will Edge It"; Sterling Soars


Planning Your Brexit Night: Here Are The Key Events And Times To Stay Awake


The Fed's 3rd Mandate & The Value Of Cash












Jan 2008: Bernanke "The Federal Reserve is not currently forecasting a recession." Jun 2008: Bernanke "The risk that the economy has entered a substantial downturn appears to have diminished." Jun 2016: Yellen "chances of recession this year are 'quite low'... The U.S. economy is doing well. My expectation is that the U.S. economy will continue to grow." Channelling Bernanke?

Stress Test 2016: Fed Says All 33 Banks Can Surive 70 VIX Without Needing Outside Capital












While hardly coming as a surprise to anyone, moments ago the Fed announced that all 33 banks have enough capital to withstand a severe economic shock, though Morgan Stanley trailed the rest of Wall Street in a key measure of leverage, Bloomberg reports. The biggest bank cleared the most severe scenario handily, with the exception of Morgan Stanley whose projected 4.9% leverage ratio tied for last place alongside a Canadian bank’s U.S. unit, falling within a percentage point of the 4 percent minimum. As a result of today's "test result" many banks will likely win regulators' approval next week to boost dividends.

In Surprising Development NIRP Starts To Work, Pushing Rich Swiss Savers Out Of Cash Into Stocks













High-net-worth individuals in Switzerland kept 21.4% of their assets in cash and cash equivalents in the first quarter of 2016, down a substantial 25% from 28.2% a year earlier. "Because clients are not receiving any interest, they're looking for alternative investment opportunities," said Tobias Wolf, senior manager at Capgemini Consulting.

'Traders' Panic-Buy Illiquid Markets Into Brexit Vote Close


Congressional Hopeful Wants To "Make America White Again"













"As far as things being offensive, hey, get over it. The world is offensive, there are things that offend me."

Crude Oil Options Traders "Most Bearish" Since At Least 2010












The 'skew' between bearish puts and bullish calls has not been this negatively positioned since at least 2010 (when Bloomberg data began). "This negative skew developing is moving in sympathy with what we’re observing in the physical market," according to BNP's Harry Tchilinguirian, and just as the skew was drastically bullish at the lows in January, one might wonder if the smart-money is right once again...

UBS' Trading Roadmap For The "Day After" Brexit













Moments ago we presented a contrarian thesis from Greg Peters of how markets would react to a Leave vote (and by impliocation, Remain). Next, we go back to a more conventional model of how assets would react, and present "a roadmap for the 'Day After'" from UBS, which seeks to answer the question "at what level would we buy or sell each key asset class in either a Remain or a Leave scenario?" It then show ranges of the potential near-term market reactions.


Trump Speech a Hit: Emotional Honesty May Be Pivotal to His Election Success

from The Daily Bell:
Donald Trump’s Latest Distortions on Hillary Clinton … A look at Trump’s assertions about Clinton on Wednesday and how they stack up with the facts … Donald Trump’s fierce denunciation of Hillary Clinton on Wednesday was rife with distortion. –AP/Fortune
This article by the AP posted at Fortune attempts to counteract distortions in yesterday’s speech about Hillary Clinton by Donald Trump.
It goes through Trump’s statements and finds statistical flaws and other sorts of factual errors.
But really, this is a flawed analysis.
Trump is not so concerned about statistical accuracy. He’s concerned about emotional honesty.
Read More

Bad News For Hillary: Huge Percentage Of Bernie Supporters Won’t Vote For Her

by Claire Bernish, The Anti Media:
Sen. Bernie Sanders’ supporters don’t lack in enthusiasm, as a cursory perusal of social media proves. In fact, mainstream media once likened their zealotry to that of an “unhinged cult.” And now, with Hillary Clinton all-but cementing the Democratic nomination, the Bernie-or-bust crowd has drawn a line in the proverbial sand: nearly half of voters who support Sanders refuse to capitulate to the Democratic establishment by casting a vote for Clinton in the national election.
According to a recent national poll from Bloomberg Politics, just over half, 55 percent, of the Vermont senator’s followers said they would toe the Democratic Party line by voting for Hillary. Twenty-two percent would rather vote for her putative nemesis, Donald Trump, while 18 percent claim they’ll abandon the Democrat-Republican duopoly entirely by supporting Libertarian candidate, Gary Johnson.
Read More

Southern California Time Bomb: The Ground Surrounding The San Andreas Fault Is ‘Rising And Sinking’

by Michael Snyder, The Economic Collapse Blog:
If you reside on the west coast, you are living on borrowed time. As you will see below, stress has been building up along the San Andreas fault for more than a century, and scientists tell us that southern California is way overdue for a major earthquake. When that stress is finally released, the U.S. Geological Survey says that we could be looking at hundreds of billions of dollars in damage. If you follow my work regularly, then you already know that there has been unusual shaking all along the “Ring of Fire” so far in 2016. But thankfully the west coast of the United States has been spared from a major disaster up to this point. Unfortunately, scientists assure us that it is only a matter of time before one strikes, and that is why it is so alarming that the ground surrounding the San Andreas fault has been “rising and sinking”. The following comes from the Los Angeles Times
Read More

Putin Sends Warning To Trump And All America: ‘US Elections Being Stolen’ – This Video Can Stop WW3

by Stefan Stanford, All News Pipeline:
In the outstanding video below which is now seeing some attention across the alternative media but will probably never be touched upon by most of the mainstream media, Russian President Vladimir Putin completely unloads upon Fareed Zakaria of CNN fame while telling him, among many other things, that AT LEAST two US elections have already been stolen, a warning to Donald Trump of what may be coming with the entire ‘new world order’ now on the line. Putin immediately calls out Zhakaria for the way he categorized previous Putin comments, showing us once again, that those working within the mainstream media are well trained at twisting the words coming from the mouths of others for the benefit of the NWO.
Read More

100% Absolute Proof That The Federal Reserve Is Lying. By Gregory Mannarino

from Gregory Mannarino:



New Blood Test Can Predict Heart Attack Within 5 Years

by Julie Fidler, Intellihub:
Researchers from Imperial College London and University College London have found that “high levels of antibodies – molecules produced by the immune system – are linked to a low risk of heart problems,” even in people who have other risk factors. The team has developed a new test that looks for levels of protective immunoglobulin G (IgG) antibodies, which appear to guard against a heart attack even when a patient has hypertension and high cholesterol.
I found out I had diabetes at a fairly young age, in my early 20’s. Both type 1 and type 2 run in my family; but I was still young enough to believe I was invincible, so I blew off the diagnosis. I continued to live as an overeating couch potato for many years, all while going untreated for the disease.
Read More

Top 7 Alarming Food Modifications You Should Avoid at ALL COSTS

by S. D. Wells, Natural News:
There are many ways corporations modify food products with chemicals in order to increase sales. They use toxic chemicals to extend shelf life, make food look more attractive, kill bugs in the fields, stave off mold and mildew, kill fungus and bacteria, add flavor back in after chemicals kill the taste, and actually make people depressed and anxious to fuel the chemical medicine industry. Most of it’s nothing new, and has been going on since WWII. GMOs have been in existence for 30 years now, though few people are aware of that.
The cumulative effect of poisons in the body is something you can’t sue one food manufacturer for, or one doctor, or one chemical company. The corporate food industry in America is sinister and insidious. They know they can’t be held accountable for long-term chronic sicknesses from which so many Americans suffer. The FDA could care less about Americans’ health and well-being.
Read More

The Secret Meeting That Accelerated the War on Cash

by Nick Giambruno, International Man:
I recently sat down with Scott Horton on the The Scott Horton Show. If you want to get the real scoop on U.S. foreign policy, you must listen to his podcast. It’s simply the best there is on this topic. It’s one of the very few I always listen to.
Scott and I had an in-depth discussion on the U.S. government’s latest schemes… the War on Cash and negative interest rates.
I think you’ll find our conversation below informative and entertaining.
Read More

US Seeks Direct Confrontation with Russia in Syria

by Ulson Gunnar, New Eastern Outlook:
The US has recently accused Russia of bombing what it calls “US-backed rebels” in southern Syria. CBS News in their article, “Russia ignores warnings, bombs U.S.-backed Syrian rebel group,” would claim:
On Friday, Defense Secretary Ash Carter called out Russia for bombing a Syrian rebel group that’s backed by the U.S.
The attack by Russian fighter bombers on American-backed opposition forces appeared to be deliberate and to ignore repeated U.S. warnings.
More alarming is what the US claimed happened next. CBS News would further claim:
Two American F-18 jet fighters were dispatched to provide air cover for the troops on the ground as they tried to evacuate their casualties. By the time the F-18s arrived, the Russian planes were headed away, but were still close enough to see.
Read More




/

No comments:

Post a Comment