In New Video, A Grateful Al-Qaeda Thanks US For Supplying Anti-Tank Missiles...

Submitted by Tyler Durden on 11/23/2015 - 11:40

"Get Out Of Your Trucks And Run Away": US Gives ISIS 45 Minute Warning On Oil Tanker Strikes

Submitted by Tyler Durden on 11/23/2015 - 14:56 "Warning: airstrikes are coming. Oil trucks will be destroyed. Get away from your oil trucks immediately. Get out of your trucks and run away. Do not risk your life."

The US Has 'Boundary' Problems

Submitted by Tyler Durden on 11/23/2015 - 14:16 A reasonable argument can be made that the temperament of the USA is worse than that of Germany in 1932. We’re more foolish, feckless, and savage, our politics more ridiculous, and the wave we’re riding is much more dangerous.

Markets Swoon On News Terrorist's Explosive Belt Was Found In Paris Trash Can

Submitted by Tyler Durden on 11/23/2015 - 14:13 Authorities in Belgium have extended threat level 4 (the highest) for Brussels on Monday which presumably means that a "serious and imminent" threat still exists. One of the 15 people arrested over the weekend was charged in connection with the Paris attack and the going assumption is that police are still looking for two unidentified men, one Jihadi John accomplice, and Salah Abdeslam.

S&P Just Warned Asia's Largest Commodity Trader It May Be Junked

Submitted by Tyler Durden on 11/23/2015 - 13:58 As usual, S&P was late, but just over three months after our explicit warning, the rating agency finally came out with the catalyst we have been expecting when moments ago it said that it had "placed its 'BBB-' long-term corporate credit rating on Hong Kong-based supply-chain management service provider Noble Group Ltd. and the  'BBB-' issue rating on the company's senior unsecured notes on CreditWatch  with negative implications." In other words, Asia's Glencore is about to be junked.

Can Investors Trust The New Gold Fixing?

Submitted by Tyler Durden on 11/23/2015 - 13:35 Since 20 March 2015 a new gold price fixing organized by the London Bullion Market Association has been in operation. It has replaced the previous price determination process, which was in place for more than a century and became subject to criticism as it was highly vulnerable to manipulation. Has manipulation now ceased?

Treasury Curve Flattest In 7 Months As 30Y Yield Drops Under 3.00%

Submitted by Tyler Durden on 11/23/2015 - 13:33 Treasury yields are at the lows of the day (despite relative equity strength) as this morning's triple whammy of weak data (CFNAI, PMI, and Existing home sales) confirms fears of Fed policy errors. The extreme short-positioning across the entire Treasury complex is likely making a few nervous as 30Y yield breaks back below 3.00% for the 3rd time in 3 days... and the 2s30s curve breaks to 7-month lows.

Hillary Slams "Unfair" Tax Inversions After Sanders Calls Pfizer/Allergan Deal "Disaster For Americans"

Submitted by Tyler Durden on 11/23/2015 - 13:26 Just an hour after Bernie Sanders exclaimed that the Pfizer/Allergan merger would be a disaster for Americans who already pay the highest prices in the world for prescription drugs, Hillary Clinton has come out swinging in her most populist manner lambasting Republicans for "enabling tax inversions" and vowing to "crackdown" on companies moving abroad to "avoid paying their fair share."

Strong 2 Year Auction Surprises Bond Watchers As Direct Takedown Surges; Spread With 2Y Bund Widest Since 2006

Submitted by Tyler Durden on 11/23/2015 - 13:12 Perhaps at a yield of just under 1%, the highest since May 2010, there is an increase in relative value demand. Nowhere is this more visible than when looking at the German 2 Year Bund, which earlier today hit a new record low, just shy of -0.40% (yes, negative).

What Recovery? Spanish Wages Tumble To Weakest Since 2007

Submitted by Tyler Durden on 11/23/2015 - 12:43 Amid all the singing and dancing over Spain's miraculous recovery and Europe's renaissance on the back of Draghi's money-printing machine, it appears - just like in America - that below the glossy veneer of engineered equity and bond prices, all is not well. As Xinhua reports, the average wage in Spain has fallen to its lowest level since 2007, according to figures released by the Spanish Ministry of Finance, and after peaking at 19.3 million in 2009, the number of workers is also collapsing. It appears Catalan is righty to want out...

Who Should Pay For The Syrian Refugees?

Submitted by Tyler Durden on 11/23/2015 - 12:31 The American people have been forced to pay untold millions for a ten-year CIA and Pentagon program to undermine and overthrow the Syrian government, and now we are supposed to pay millions more to provide welfare for the refugees Obama created. If Obama wants to take in refugees from the chaos in Syria, there are probably plenty of vacant rooms in the White House.

Valeant Dead-Cat-Bounce Dies As Stock Plunges 10% Off Morning Highs

Submitted by Tyler Durden on 11/23/2015 - 12:26 From an intraday high of $97.64, Valeant shares are down 10% this morning as the last few days' short squeeze and hope-fueled stability in the hedge fund hotel has given way to more 'first mover advantage' across the levered trading community. As we noted here, this is what hedge fund panic looks like.

Shorts Executed As KaloBios Goes Full Volkswagen: Here's Why

Submitted by Tyler Durden on 11/23/2015 - 12:05 Just as we warned was possible, KBIO is going full Volkwsagen up another 150% today alone (up from $1 last Wednesday to over $45 today), the stock has just been halted.  And here is the punchline: According to Markit, the short interest of float is now 38%. Why is this a problem? Because Shrekli's investor "group" bought 70%.  This means that if Shkreli pulls all the borrow, there will simply not be enough shares for the shorts to cover.

Dollar Index Tops 100 As EURUSD Tumbles To 1.05 Handle, 7-Month Lows

Submitted by Tyler Durden on 11/23/2015 - 11:52 EURUSD just broke to a 1.05 handle, its lowest since April. With EURUSD now down 9 big figures from Draghi's mid-October jawboning, the US Dollar index (heavily-weighted to EUR) is soaring, reaching back above to its highest since March. Bearing in mind that Fed's Fischer says that the worst of USD's impact on the US economy is yet to come, we may have a problem.

Credit Market Erases Post-Terror-Attack Gains As Stock Surge Continues

Submitted by Tyler Durden on 11/23/2015 - 11:42 Presented with no comment (if confused, don't worry - you are not alone)

Venezuela Accuses US Of "Industrial Espionage" To "Sabotage" The Oil Industry

Submitted by Tyler Durden on 11/23/2015 - 11:15 The government of Venezuelan President Nicolas Maduro is investigating a report that the U.S. government has been spying on executives of the state-owned Petroleos de Venezuela, or PDVSA, over the past decade. “The oil industry is the backbone of the Venezuelan economy,” Maduro said on state television. “The U.S. empire for a long time … has intended to sabotage [Venezuela’s] oil industry and defeat the [Caracas] government in order to steal the oil.”

Europe Demands Access To All SWIFT Data To "Combat Terrorism Funding"

Submitted by Tyler Durden on 11/23/2015 - 10:53 On Friday, we previously reported that "Europe Cracks Down On Bitcoin, Virtual Currencies To "Curb Terrorism Funding." That was the appetizer because today we read, again with little surprise, that "as part of a push to clamp down on the financing of militant groups" French Finance Minister Michel Sapin European said that authorities need to be able to tap into data from the SWIFT bank payments network.

"How Is This Possible" Deutsche Bank Asks, Looking At The Canary In The Junk Bond Mine

Submitted by Tyler Durden on 11/23/2015 - 10:50 "The hardest questions we are trying to reconcile here are how is that possible to see all these signs of weakness under the surface being balanced by very strong equity markets and upbeat employment picture. One of these sides has to be wrong..."

A Year Of "Pain Trades" And Flash Crashes: 2015 Summarized In 10 Bullet Points

Submitted by Tyler Durden on 11/23/2015 - 14:39 2015 ends with the market cap of Amazon & Google exceeding that of every single Chinese company in the MSCI China index… the US stock market a mere 107 trading days away from becoming the 2nd longest bull market of all-time, with equity leadership driven by “growth” (longest duration of outperformance ever) & “quality” (at all-time relative high)… and $6trn of negatively-yielding government bonds, $17trn of bonds yielding <1 strong="">and the Fed expected to raise the Fed funds rates for the 1st time since 2006.

Michael Rivero: Paris, Fukushima and Crimes Against Humanity

from The Daily Coin:

The situation in Paris is not all that different from other events that we have been dealing with for much longer. The same people telling lies and deceiving the masses with propaganda to push whatever agenda the elite deem necessary.
I sat down with Michael Rivero from What Really Happened to discuss some of the more serious situations that are currently unfolding. One situation happened on Friday 13 in Paris and the other has been an ongoing global nightmare that, today, gets very little attention and very little coverage.
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