“Bank of Ireland understands these changes may be a new way of banking for some of our customers, and the branch teams will be available to help and guide them through this change."
How China Broke The World's "Bubble Machine"
China can’t allow its industrial economy to sink without a fight. It will have to devalue the renminbi to try to get more market share for its exports. It still has 80% of its workers earning less than $10 a day. A lower renminbi will reduce real wages further and make China’s exports cheaper than ever. And then, what about the rest of the world? As the renminbi goes down, the dollar, yen, and euro will have to go up. Commodities – priced in dollars – will stay down. U.S. corporate profits will fall. The stock market “tape” will go down. Consumer prices, too, will remain low... or go negative. Deflation. Deflation. Deflation.
Chinese Warships Dock In Florida As Ash Carter Waves "Big Stick" Around In South Pacific
“TR’s motto was to speak softly but carry a big stick, but the ‘speak softly’ means talk to other people, see what we can do to reach agreement.”
ObamaTrade Details Unveiled, Officials Warn "It's Worse Than We Thought"
"The Trans-Pacific Partnership means that America will write the rules for 21st century trade," according to President Obama, but as Reuters reports, U.S. unions, lawmakers and interest groups questioned the long-awaited text of a landmark U.S.-backed Pacific trade deal on Thursday. "It's worse than we thought,” Lori Wallach, director of Public Citizen’s Global Trade Watch, told members and U.S. labor representatives said the agreement contained weak, poorly worded or unenforceable provisions, concluding "we do not believe those improvements are significant or meaningful for workers." It appears, that ObamaTrade may be a boon for factory and export economies like Malaysia and Vietnam, but - as expected - will achieve little for the average joe in America.FedSpeak & Fireworks Day Leave Crude Crushed, Copper Clubbed, Stocks Soft, & Bonds Bruised
Spot The Odd Poll Out
JPM Head Quant Is Back: The Rally Drivers Are Gone With "Downside Risk" Ahead, But No Flash Crash Unless...
"Summarizing technical flows from option hedges, volatility targeting, CTA and Risk Parity funds, we believe that these strategies largely re-levered to pre August crash levels. This was a significant driver of the S&P 500 performance in October and hence poses some downside risk.... The risk of this increasingly one dimensional positioning across CTAs, Macro and some of Equity Long-Short managers is that these trends don’t materialize and trades become too crowded. The result could be a sharp reversion as positions are exited."
Breadth Breaking Bad - Where It All Went Wrong For The Fed
With the S&P 500 just over 1% from its all-time record-high, it is perhaps shocking that only just over 50% of the index members are trading above their 200-day moving average. Worse still, the divergence between index price performance and underlying component performance has never been greater as The Fed's last money-printing effort drove a wedge between the have-nots and the have-yachts...
Iranian Spies Trained By Russia Hack State Department Officials After Arresting Dubai Executive, US Imagines
"He had become increasingly concerned with gas matters"...
Owner Of Bankrupt Casino Offers To Unleash Thousands Of Syrian Refugees In New Jersey
No, not Donald Trump...
Meanwhile In Kenya, "Investors" Are Rushing Into Treasury Bills
You know it's bad when...
Volatility Traders Aren't Buying The Rally
This is the fifth time in the past three years that the VIX rose 2% of more on a day the S&P 500 also rose, and short-term volatility expectations were at least 10% below longer-term volatility expectations. Those dates were: September 14, 2012, January 21, 2014, August 25, 2014, and May 18, 2015. Over the next month, the S&P 500 was not able to gain more than +1% at its best point, and suffered a loss averaging -3.2% at its worst point. Quite a negative reward-to-risk ratio.
Caught On Tape: Neo-Nazis Maul Greek Politician In Front Of Parliament
At least some very angry Greeks still have not gotten the memo that they are now "fixed"...
Saudis Bring Oil War To Europe With Largest Price Discount Since 2009
With oil exports to Europe having slipped from 13% of Saudi's total to just 10% in the last six months, The FT reports, the de facto leader of OPEC has slashed its Official Selling Price (OSP) to Europe in an effort to regain market share. Saudi lowered its OSP for its Arab light crude grade in Europe by $1.30 a barrel for December, taking its discount to the weighted average of the North Sea Brent benchmark to $4.75 a barrel - the largest discount since February 2009... directly going after Russia's customer base.
Cop Arrested For Shooting Himself, Blaming It On Motorist
On the heels of yesterday's news that an Illinois cop staged his own suicide after being caught stealing money from a kid's fund, today's news is just pouring more fuel on the fire of public faith in America's police force. Late last month, an Arkansas police officer sparked a manhunt and investigation after claiming a motorist shot him during a traffic stop. In reality, the officer shot himself, and once authorities discovered this, he was subsequently fired and arrested for filing a false police report.
Once upon a time, not too long ago, central bank wizards began telling a fairytale that economies need inflation. But not just any inflation. In their Goldilocks make-believe world, the not too hot, not too cold, just right dose of two percent is needed to keep an economy healthy.
While there is absolutely no quantifiable data or economic model that proves or supports this oft-cited fairytale, the business media keep repeating it, selling the fiction that a two-percent inflation rate will somehow create jobs and spur economic growth.
“Worry Over Low Inflation Kept Fed at Bay,” screeched the Wall Street Journal, 9 October headline, following the release of Federal Reserve minutes in which they decided not to raise interest rates.
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CIA, Saudis To Give "Select" Syrian Militants Weapons Capable Of Downing Commercial Airliners
Submitted by Tyler Durden on 11/05/2015 - 12:49
The Most Devious Liars In The Room
There were a few different stories coming out over the last few days that reveal the true nature of government and the apparatchiks who use disinformation, devious machinations, fraudulent accounting, and taxpayer money to cover up their criminality, lies, and the true state of the American economy. The use of government accounting tricks to obscure the truth about our dire financial straits is designed to keep the masses sedated and confused.
France Deploys Its Only Aircraft Carrier To Fight ISIS (aka CIA)
Just as one US carrier was leaving the middle east, another widely feared and respected geopolitical superpower was set to replace US carrier presence in the Middle East in the ongoing war against "ISIS" - France.
Super Stock Surge Batters Bears To 8-Month Lows
Submitted by Tyler Durden on 11/05/2015 - 12:04 AAII Bears have tumbled to their lowest level since February, crashing from cycle highs. All it took was a 5-week, short-squeezing, face-ripping 13% surge of the late-September lows.
When Collapse Is Cheaper And More Effective Than Reform
Collapse begins when real reform becomes impossible.from MyBudget360.com:
Most Americans still hold tightly that the American Dream involves owning a home. But that dream has come into deep questioning as banks and large investors crowd out the single family home market driving prices to ludicrous levels. Most Americans are scraping by and many need to do their shopping at dollar stores to get by. Your typical home in the U.S. is now selling for $221,000, a rise of 30 percent just since 2012. How did incomes do? They did what they’ve been doing for a decade and that is nothing. Housing is the biggest single outflow of cash for households. So this is a big deal and is also a reason why many more Americans are renting instead of buying. Young Americans are hit the hardest since many are coming out with monster levels of student debt. Studies do show that student debt is impacting home purchases. In reality, most Americans are unable to afford the standard priced home.
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from Natural News:
The radical Left in America must sense that, with the end of Barack Obama’s presidency will come a dramatic reversal of all he (and they) accomplished in regards to the advance of socialist “utopia.” That’s the only way to explain their unabashed and very public push to double down on more of the same as he approaches his final year in office, though in doing so they will forever mark themselves as enemies of freedom and liberty.
In recent days, as reported by Breitbart News, the penultimate Lefty globalist (and depopulation advocate) Bill Gates gave his full-throated support for anti-constitutionalism and anti-democracy when he actually said that, despite numerous examples to the contrary, only socialism could “save” our planet from – wait for it – “climate change.”
Read More
The radical Left in America must sense that, with the end of Barack Obama’s presidency will come a dramatic reversal of all he (and they) accomplished in regards to the advance of socialist “utopia.” That’s the only way to explain their unabashed and very public push to double down on more of the same as he approaches his final year in office, though in doing so they will forever mark themselves as enemies of freedom and liberty.
In recent days, as reported by Breitbart News, the penultimate Lefty globalist (and depopulation advocate) Bill Gates gave his full-throated support for anti-constitutionalism and anti-democracy when he actually said that, despite numerous examples to the contrary, only socialism could “save” our planet from – wait for it – “climate change.”
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from Off Grid Survival:
When people talk about the internet they often speak about how it has radically enhanced our access to information and learning. While in the beginning that may have been the case, the once great bastion for free expression and ideas has been corrupted and hijacked by a handful of greedy media conglomerates and Silicon Valley corporations.
Over the last decade, alternative media outlets and citizen journalists have been able to successfully use the internet to bring information to people in a way that was unheard of in the past. People that were once silenced by the government/media propagandists were able to get their message out in a way that became a huge threat to the establishment. But over the last couple of years, the open source internet has become threatened by those who are scared to death of losing their power, and the promised gateway to free speech, free thought, and free learning is now in jeopardy.
Read More
When people talk about the internet they often speak about how it has radically enhanced our access to information and learning. While in the beginning that may have been the case, the once great bastion for free expression and ideas has been corrupted and hijacked by a handful of greedy media conglomerates and Silicon Valley corporations.
Over the last decade, alternative media outlets and citizen journalists have been able to successfully use the internet to bring information to people in a way that was unheard of in the past. People that were once silenced by the government/media propagandists were able to get their message out in a way that became a huge threat to the establishment. But over the last couple of years, the open source internet has become threatened by those who are scared to death of losing their power, and the promised gateway to free speech, free thought, and free learning is now in jeopardy.
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by Alasdair Macleod, Gold Money:
Since the 1980s, markets have had to adapt to a world of infinite credit.
Of course, this credit has not been available to everyone: it has been principally deployed in favour of governments, financial markets, and big business. It amounts to a cartel, planned or unplanned, a partnership between banks and government that dominates and controls previously free markets.
The justification for this arrangement is based on anti-market macroeconomic theories, always sympathetic to central planning. The partnership is between governments, their central banks and the commercial banks, granting them a licence to operate by expanding credit out of thin air.
Read More
Since the 1980s, markets have had to adapt to a world of infinite credit.
Of course, this credit has not been available to everyone: it has been principally deployed in favour of governments, financial markets, and big business. It amounts to a cartel, planned or unplanned, a partnership between banks and government that dominates and controls previously free markets.
The justification for this arrangement is based on anti-market macroeconomic theories, always sympathetic to central planning. The partnership is between governments, their central banks and the commercial banks, granting them a licence to operate by expanding credit out of thin air.
Read More
from Outsider Club:
A small company that recently IPO’d has a real shot at capturing a large share of the rapidly growing fiber-optic cable market.
The world is going fiber.
Indeed, most networks you use, from cell phones to TV to Internet, employ some form of fiber-optic network… some places more than others, and largely over what the industry calls the “Long Haul.” That is, fiber is already making inroads into miles-long applications, but it hasn’t yet been connected all the way to your TV or router — what the industry calls the “Last Mile.”
Read More
A small company that recently IPO’d has a real shot at capturing a large share of the rapidly growing fiber-optic cable market.
The world is going fiber.
Indeed, most networks you use, from cell phones to TV to Internet, employ some form of fiber-optic network… some places more than others, and largely over what the industry calls the “Long Haul.” That is, fiber is already making inroads into miles-long applications, but it hasn’t yet been connected all the way to your TV or router — what the industry calls the “Last Mile.”
Read More
from The Money GPS:
from The Sleuth Journal:
A new scientific review identifies 25 of the top foods and herbs which kill the cancer stem cells at the root cause of cancer malignancy.
There are thousands of natural compounds that have been studied with demonstrable anti-cancer activity (check out over 600 on our cancer research database), but only a small subset of these have been proven to target and kill the cancer stem cells which lie at the root of cancer malignancy. Turmeric, for instance, we have featured a number of times for this “smart kill” property of targeting just the heart of cancerous tumors. More recently, ginger has been found in pre-clinical research to contain a compound up to 10,000 times more effective than the chemotherapy drug Taxol at killing breast cancer stem cells. Even common food like blueberry have special cancer killing properties, as discussed in a previous article: Research: Radiotherapy Causes Cancer, Blueberry Kills It.
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A new scientific review identifies 25 of the top foods and herbs which kill the cancer stem cells at the root cause of cancer malignancy.
There are thousands of natural compounds that have been studied with demonstrable anti-cancer activity (check out over 600 on our cancer research database), but only a small subset of these have been proven to target and kill the cancer stem cells which lie at the root of cancer malignancy. Turmeric, for instance, we have featured a number of times for this “smart kill” property of targeting just the heart of cancerous tumors. More recently, ginger has been found in pre-clinical research to contain a compound up to 10,000 times more effective than the chemotherapy drug Taxol at killing breast cancer stem cells. Even common food like blueberry have special cancer killing properties, as discussed in a previous article: Research: Radiotherapy Causes Cancer, Blueberry Kills It.
Read More
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