Albert Edwards Explains What The Next Stage In Global Currency War Will Be

"So much of what we now accept as routine in financial markets would have been thought impossible prior to the 2008 crisis ?- the next logical stage in the global currency war will be direct fx intervention!"
- Albert Edwards

Is This How The Next Global Financial Meltdown Will Unfold?

Submitted by Tyler Durden on 11/20/2015 - 10:19 The sums in play are so staggering (an estimated $11 trillion in emerging market debts denominated in other currencies) that even the Fed won't be able to stop the meltdown.

"Desperate" Novice Trader May Be Suicidal If He Didn't Cover Short: KBIO Squeeze Goes "Full Volkswagen"

Submitted by Tyler Durden on 11/20/2015 - 11:28 What happens if Shkreli's plan is indeed to rerun the "Volkswagen" scenario and unleash an epic short squeeze that sends the price of the company into the stratosphere, unlinked from any fundamentals, but merely soaring ever higher as desperate shorts pay any price just to get out.

Mali Hostage Situation Over; 27 People Reported Dead, 2 Gunmen Killed

Submitted by Tyler Durden on 11/20/2015 - 11:16 Less than a week since the Friday 13th Paris terror attack, hours ago the newswires lit up with news of another terrorist attack when gunmen shouting and screaming "Allahu Akbar" attacked the Radisson Blu, a luxury hotel full of foreigners, in Mali's capital Bamako, taking 170 people hostage. The identity of the Bamako gunmen, or the group to which they belong, is not known

Three "Do You Believe In Crude Oil Miracles" Charts

Submitted by Tyler Durden on 11/20/2015 - 11:13 It appears European and US oil & gas stock investors (and Dow Transports lovers) believe they know better than commodity traders when it comes to some kind of future reality in which miracles of growth can happen. The disconnect between European oil & gas stocks, US energy stocks, and Trannies relative to crude oil has never been bigger...

Cruz Just Looked Straight Into The Camera And Issued This EPIC Challenge To Obama

from Western Journalism:

Ted Cruz doesn’t mince words.  And he doesn’t like being insulted when he’s not around to fight back.  Without a high probability that the lame-duck president will accept his challenge, the Texas senator called out Barack Obama in no uncertain terms.
In an interview on NBC Wednesday, Cruz threw down the gauntlet.
President Obama has now chosen, two days in a row, to attack me directly.  He just called me ‘offensive.’ The day before he called me ‘un-American.’ You know I think that’s really quite rich that he chose to do make both of those insults on foreign soil while he was abroad attacking me and attacking everyone else in this country who believes we should not be bringing in tens of thousands of Syrian Muslim refugees that the Obama Administration cannot vet to determine whether or not they are ISIS terrorists.
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Paris Police Held Mass Shooting Training Exercise Hours Before Actual Attack

from Liberty Blitzkrieg:

Let’s go ahead and mentally store this in the “that’s f’g weird” file.
From Bloomberg:
The world watched in horror as the death toll from the Paris terror attacks steadily climbed. By the time the three-hour rampage ended on Saturday and authorities put the number of those killed at 129, onlookers could only brace for worse news to come. More than 400 people received medical treatment at hospitals in the stricken city; dozens of them were listed in critical condition. 
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The End Of The Recovery, In One Chart

Why would companies hire more people if they’re selling less stuff? The answer is that they probably won’t.

30Y Treasury Yield Breaks Below 3.00% Amid Best Week In 2 Months

Submitted by Tyler Durden on 11/20/2015 - 10:42 Well at least something makes some sense. Whether it is a safety bid from the ramping up of global terrorist attacks or a reflection of a possible Fed policy error (or their jawboning over low equilibrium rates), US Treasury yields at the long-end are rallying. 30Y just broke back below 3.00% to push it to its best week since late September...

Carson Compares Syrian Refugees To "Rabid Dogs" After Trump Calls For Muslim ID Cards

Submitted by Tyler Durden on 11/20/2015 - 10:31 "At the same time, I love dogs but I'm going to call the humane society and hopefully they can come and take this dog away."

Spot The Odd One Out

Seriously...

Caught On Tape: Suicide Bomber Detonates As Al-Qaeda Storms Checkpoint In Yemen

Submitted by Tyler Durden on 11/20/2015 - 09:50 It may be all about ISIS these days, but just because al-Qaeda has been relegated to terrorist also-ran status doesn't mean they're not still operating and indeed, AQAP is still considered the group's most active and powerful branch. New footage uploaded today depicts a massive explosion at a checkpoint near Shibam, Yemen (the "Manhattan of the desert") as al-Qaeda battles both the Iran-backed Houthis and government forces for control of the country.

Is The Government Lying?

Is The "Easy" Money Over For European Stocks?

Submitted by Tyler Durden on 11/20/2015 - 09:27 After mounting a solid bounce off the September lows, European equity markets are now running into resistance.

Deferring Justice: Clinton emails show how State Dept. undermined U.N. action on Israeli war crimes

by Jared Flanery and Ben Norton, Salon:

The State Department devoted itself to, in its own words, “deferring” U.N. action on Israeli war crimes, “reframing the debate” about the atrocities, and “moving away from the U.N.”, according to numerous emails from former Secretary of State Hillary Clinton. The messages, some of which are written by high-level State Department officials, expose the role of the U.S. government in undermining the international response to the 2009 United Nations Fact-Finding Mission on the Gaza Conflict, also known as the Goldstone Report — which the U.S. admitted was only “moderate,” but still opposed.
The Goldstone Report — named after South African veteran jurist and genocide expert Richard Goldstone, who oversaw the study — was commissioned by the U.N. Human Rights Council (UNHRC) in order to “investigate all violations of international human rights law and international humanitarian law that might have been committed at any time in the context of the military operations that were conducted in Gaza during the period from 27 December 2008 and 18 January 2009.”
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