Tuesday, June 7, 2016

Will Donald Trump Cause An "Economic Crash All Over The World" - Here Is Janet Yellen's Response


In the last question from Janet Yellen's Q&A during her speech in Philadelphia, a retiree asked Yellen if Donald Trump becomes president whether "there is a possibility of an economic crash all over the world because of the how the world views Donald Trump" and whether Yellen thinks that is possible. Here is her response.

The Donald & The La Raza Judge

Before the lynching of The Donald proceeds, what exactly was it he said about that Hispanic judge?

Jeffrey Sachs Destroys Hillary Clinton’s Foreign Policy Speech

by Michael Krieger, Liberty Blitzkrieg:
Hillary’s record includes supporting the barbaric “contras” against the Nicaraguan people in the 1980s, supporting the NATO bombing of the former Yugoslavia, supporting the ongoing Bush-Iraq War, the ongoing Afghan mess, and as Secretary of State the destruction of the secular state of Libya, the military coup in Honduras, and the present attempt at “regime change” in Syria. Every one of these situations has resulted in more extremism, more chaos in the world, and more danger to our country. Next will be the borders of Russia, China, and Iran. Look at the viciousness of her recent AIPAC speech (don’t say you haven’t been warned). Can we really bear to watch as Clinton “takes our alliance [with Israel] to the next level”? Where is our sense of proportion? Cannot the media, at the least, call her out on this extremism? The problem, I think, is this political miasma of “correctness” that dominates American thinking (i.e. Trump is extreme, therefore Hillary is not).
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Obama Administration Protectionism Goes "Nuclear" - Seeks "Total Ban" On Chinese Steel

A huge global trade war is on the horizon, regardless of whether Hillary or Trump wins the election, as the Obama administration's own protectionists are on the cusp of a “Pyrrhic victory” over China. In 2011, the US put huge tariffs on Chinese-made tires (to the detriment of consumers and the auto industry). China responded with anti-dumping tariffs on GM.

Bund Yields Drop To New All Time Low As Dow Rises Above 18,000

As stock algos push indices ever higher in their inevitable push for all-time-highs, investors are flooding into developed market bonds sending German 10Y Bunds to a new record low 4.8bps (following Aussie record lows overnight) and dragging US Treasury yields drastically lower.

Copper Is Crashing After Huge Spike In Inventories

Copper futures are tumbling by the most in 2 months (testing back towards 4 month lows) after the biggest two-day increase in copper stockpiles monitored by LME since 2004.

It's Different Today (For Now)

VIX is surging off an ovenight 12 handle, USDJPY and bond yields are tumbling to the lows of the day and US equity futures, while up, have given back the overnight exuberance gains... something's different today

Toyota Issues Bond At A 0.001% Coupon, Japan's Lowest Ever

Overnight a Toyota Motor unit sold yen bonds with the lowest coupon ever for a Japanese company. Toyota Finance Corp issued 20 billion yen ($186 million) of notes at a yield of 0.001%, according to a filing with the nation’s Finance Ministry. That’s the lowest coupon ever for a regular bond by a domestic company that isn’t backed by the government

Bernanke Blew It Big-Time: He Should Have Raised Rates Three Years Ago

It is now painfully obvious that Ben Bernanke blew it big-time by not raising rates three years ago when the economy and markets enjoyed tailwinds. The former Federal Reserve chairperson, who has claimed the mantle of savior of the global economy, foolishly kept rates at zero until tailwinds turned to headwinds, at which point he handed Janet Yellen the unenviable task of raising rates as the headwinds are strengthening.

"Rogue Trader" Jerome Kerviel Awarded €400,000 Over "Unfair" SocGen Dismissal

Jerome Kerviel, who was convicted of causing a record trading loss of €4.9 billion at Societe Generale SA, won a payout of more than 450,000 euros in a Paris employment lawsuit over claims he was unfairly dismissed. "It’s a scandalous decision," said Arnaud Chaulet, a lawyer representing Societe Generale.

American Worker Productivity Drops (Again)

For the second quarter in a row, US worker productivity fell in Q1 (down 0.6% QoQ). Outside of 2015's weather-driven debacle, this is the weakest two quarter tumble in productivity since Q4 2012. Unit labor costs rose 4.5% QoQ in Q1 (revised up from 4.1%) as output actually fell 0.6% (implying a 3.9% rise in compensation). This is the 3rd quarterly drop in output in a row.

"Finally, A Week Of Buying" - After A Record 18 Weeks Of Selling, The "Smart Money" Is Back

A relentless stream of selling by Bank of America's "smart money" clients stretching for over 4 straight months, or 18 consecutive weeks, is finally over. As BofA's Jill Carey Hall reports, last week, during which the S&P 500 was flat from the prior week, BofAML clients were net buyers of US stocks for the first time in 19 weeks, breaking a record-long selling streak that began in mid-January.

Global Trade Bellwether Taiwan Posts 16 Straight Months Of Sliding Exports

Taiwan's exports fell 9.6% y/y in May, marking the 16th straight month of decline. The results were slightly better than estimates of a 9.9% fall, however significantly worse than April where exports fell 6.5% y/y. Imports also fell 3.4% y/y, leaving a $3.5 billion trade surplus for May.

Valeant Shares Plunge Again After Company Slashes Guidance

The bad news for Valeant shareholders just keeps coming.  After repeatedly cutting its guidance in the past several months, earlier today VRX once again cut guidance dramatically, sending shares plunging by 10% in the premarket. In its just released Q1 results, which missed non-GAAP EPS expectations of $1.37 by 10 cents, the company took the knife to its latest set of full year 2016 projections.

Is Hillary Clinton The Athaliah Of Our Generation? Just Check Out What One Eyewitness Is Saying…

by Michael Snyder, End of the American Dream:
It is amazing to me that the American people would willingly choose an exceedingly wicked woman such as Hillary Clinton to lead them. Perhaps this is just more evidence of how incredibly far we have fallen as a nation. There are many out there that are comparing Hillary Clinton to Queen Jezebel from ancient Israel, but to me there is another figure in the Bible that is much more appropriate. Somewhere around 2800 years ago, King Jehoram of Judah was married to a very wicked woman named Athaliah. When Jehoram unexpectedly died, his son Ahaziah became king of Judah for about a year, but then he died too. At that point Athaliah seized power and tried to kill off all male descendants that might pose a threat to her reign. Fortunately, one very young male descendant did survive, and Athaliah was finally deposed after six horrible years. If you take a close look at the careers of Hillary Clinton and Athaliah, there are definitely some striking parallels between the two…
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Charlie Daniels: There Are No Stop Signs Between Hate Speech Laws and Totalitarianism

by Charlie Daniels, CNS News:
“There was of course no way of knowing whether you were being watched at any given moment. How often, or on what system, the Thought Police plugged in on any individual wire was guesswork. It was even conceivable that they watched everybody all the time. But at any rate, they could plug in your wire whenever they wanted to. You had to live—did live, from habit that became instinct—in the assumption that every sound you made was overheard, and, except in darkness, every movement scrutinized.” – George Orwell 1984
The idea of the Thought Police originated in Orwell’s 1948 novel, 1984, where the government – in a dystopian future – prohibits certain types of speech.
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Shinzo Abe Warns Of Global Lehman Brothers Style Economic Collapse – What Is Happening In Japan?

from World Alternative Media:


As the Japanese Prime Minister Shinzo Abe shares concerns at G7 that a major global economic collapse is looming at the magnitude of the 2008 Lehman Brothers crash, John Sneisen breaks down what is really going on and how this could also mean a massive devaluation of the US dollar as the IMF, BIS, ECB, Bank of Japan and the Federal Reserve may be trying to stop Japan’s monetary easing.

NO TREATMENT NEEDED: The U.S. Population Could Cut Cancer Deaths in HALF Just by Adopting Healthier Lifestyles

by Amy Goodrich, Natural News:
Every year, cancer claims the lives of more than half a million Americans, making it the second leading cause of death in the United States. In 2015, a highly controversial paper was published that suggested that many cases of cancer are the result of random errors that cells make when they divide, or as they called it “bad luck.”
However, many studies have produced strong evidence that we need to stop thinking that cancer is down to bad luck or a result of factors beyond our control. A new study published in the journal JAMA Oncology found that new cases of cancer could drop by 20 to 40 percent, and cancer-related deaths could drop by half if we start adopting a healthier lifestyle.
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Is The New York Times On Dope?

by Phil Butler, New Eastern Outlook:
The Editiorial Board of the New York Times is smoking dope. This is the only conclusion I can make, that makes sense. After reading the board’s latest hallucination starring Vladimir Putin, I sat and ponder for minutes; just how the world’s most legendary newspaper went crazy. Somehow reality is turned on end, every time these media people say their piece on Russia and Putin. Today is a good day to call them out, and to question the validity of the NYT overall.
The New York Times editorial board is supposed to be a beacon of enlightened opinion, a sort of oracle of thought for the readers of the most influential print news media ever drafted. 16 people inhabit those hallowed halls in New York City, 16 journalists from a wide swath of expertise. And “Vladimir Putin’s Dangerous Obsession” is their latest and greatest contribution to astute thinking, the best and most intellectually stimulating editorial these brilliant journalists could come up with. The latest damnable Russophobic, anti-Putin rant, from well paid political trolls, it’s a big-fat-lie. Sorry, but 16 pairs of pants are on fire right now, and here’s why.
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Federal Reserve Plays Jenga with US Banking System

by Samuel Bryan, Schiff Gold:
If you’ve ever played Jenga, you know each player takes turns pulling blocks out of the core of a tower and then placing them on top. The tower gets less and less stable as the game goes on, until eventually it comes crashing down.
This is kind of like what the Federal Reserve does with the US banking and monetary system – except they actually claim they are making things more stable as they go.
Comments by two Federal Reserve governors last week indicate the central bank will likely require American banks considered “too big to fail” to further bulk up their balance sheets in order to protect against big losses and potential future bailouts in an economic crisis.
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AMT STANDING FOR GOLD IN JUNE RISES AGAIN TO 48.11 TONNES/SILVER INVENTORY AT THE SLV DOWN TO ONLY 23 MILLION OZ IN THE REGISTERED (DEALER ) CATEGORY

fromHarvey Organ:
TWO MORE POLS PUT THE BREXIT GROUP LARGELY IN THE LEAD
The June gold contract is an active contract and the second biggest delivery month of the year following December. Friday night, the bankers first day delivery issuance to our longs to be settled on June 1 was huge: the number was  3,508 gold notices for 350,800 oz or 10.9 tonnes of gold. On day two, we had another huge number of gold notices filed at 2281 for 228100 oz or 7.09 tonnes of gold.On day 3,THURSDAY, we had another whopper of 1969 notices for 196,900 oz or 6.12 tonnes.FRIDAY, saw another huge 1026 notices filed for 102600 oz (3.19 tonnes). Then on Friday night we had a whopping 2981 notices filed for Monday totaling 2981 contracts for 298100 oz. Thus in 5 days a total of 11,765 notices have been filed for 1,176,500 oz or 36.59 tonnes. WHAT IS MORE FASCINATING WAS THE FRONT JUNE MONTH  INCREASED IN NET OI BY 678  CONTRACTS ON THURSDAY(67,800 OZ).  ON FRIDAY IT INCREASED BY 78 CONTRACTS OR 7800 OZ AND TODAY IT INCREASED BY 264 CONTRACTS OR 26400 OZ. THE ENTITY STANDING DOES NOT WANT FIAT AND IT SURE LOOKS LIKE A SOVEREIGN (CHINA) IS STANDING FOR GOLD.
Let us have a look at the data for Monday, June 6.
Read More @ Harveyorganblog.com

Soros and other billionaire controllers fund Muslim refugee invasion of U.S. to drive down worker wages and inspire domestic terror attacks

U.S. set to become a vast wasteland as George Soros and other controlling elites plan drive it into the ground to gain far cheaper labor
by Shepard Ambellas, Intellihub:

Much like the globalist contrived organization known as the Project for a New American Century (PNAC) which was brilliantly exposed by Michael Kane in a 2004 case study, a new and similar plan has hit the forefront that is being orchestrated and funded by billionaire controllers such as George Soros and others.
It’s called the Partnership for a New American Economy (PNAE)and its creators have awarded 20 cities with grants if they allow Muslim refugees to influx, a move that will ultimately drive down wages and break the American economy.
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