Will The Fed Hike Rates This Week? The Only 'Data' That Matters

The real "data" that The Fed is "dependent" on...

"Nobody Could Have Possibly Seen This Coming"

Submitted by Tyler Durden on 12/14/2015 - 16:27 Because when your year-end bonus depends on you not seeing it coming, you don't.

This Is How The Credit Crisis Spreads To Stocks

Submitted by Tyler Durden on 12/14/2015 - 15:50 "Yeah but it's junk credit... who cares! I am invested in solid megacaps and even solider FANGs - what can go wrong?" Well, this...

MUST HEAR — Former CIA Contractor Says, ‘Craft International Mercenaries’ Carried Out The San Bernardino Shooting

from PressTV:
Mercenaries from the Craft International, a tactical training company for the US military, (Ed. note: may have) carried out last week’s false flag operation in San Bernardino, California, according to Steven D Kelley, a former NSA/CIA contractor.
On Wednesday, Syed Rizwan Farook, 28, and Tashfeen Malik, 29, stormed a holiday party in San Bernardino, California, killing at least 14 people and injuring 21 in the deadliest mass shooting in the US in three years. Hours later, the couple reportedly died in a fire exchange with police.
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Key Bankers Told Bank Holiday Is Near-Read This Before Taking Money Out of the Bank

by Dave Hodges, The Common Sense Show:

Can you find yourself in the above picture? Don’t be “that guy”. These people will end up living under a cardboard box or they will forced to go to a FEMA camp for food and water?
I am going on the recording by predicting that the Federal Reserve will steal your money by faking a cyber attack. In fact, FEMA and DHS actually practiced for this event on October 23rd and 24th of 2013. As I wrote on June 12, the Federal Reserve, the FDIC and the Bank of London practiced for widespread banking failure on November 10, 2014. On November 16, 2014, the G20 nations declared your bank deposits to not be money and they can take it whenever they want. On August 8, 2012, the 7th Circuit Court of Appeals ruled that the banks own your money when you deposit your paycheck into the bank.
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Cornering Russia - Risking World War III

Submitted by Tyler Durden on 12/14/2015 - 22:30 Official Washington is awash with tough talk about Russia and the need to punish President Putin for his role in Ukraine and Syria. But this bravado ignores Russia’s genuine national interests, its “red lines,” and the risk that “tough-guy-ism” can lead to nuclear war. In short, Russia is being offered only the binary choice: to acquiesce to the “benevolent” hegemon, or to prepare for war.

"A Night In Aleppo": Scenes From Syria's Most War-Torn City

Submitted by Tyler Durden on 12/14/2015 - 21:30

Monday Humor: Barack Obama Reveals His Secret Plan To Crush ISIS

Submitted by Tyler Durden on 12/14/2015 - 21:15 Having earlier taken credit for the 'success' achieved recently against ISIS, one comedic trader had a suggestion for how President Obama could really "depress, deflate, defeat, and destroy" the terrorists: "We are going to break ISIS financially by requiring them to enroll in the Affordable Care Act by 2017" - POTUS

Martin Armstrong Slams "Myopic" Policymakers' Ignorance That Lower Rates Fuel Deflation

Submitted by Tyler Durden on 12/14/2015 - 21:00 Those in power never understand markets. They are very myopic in their view of the world. The assumption that lowering interest rates will “stimulate” the economy has NEVER worked, not even once. Nevertheless, they assume they can manipulate society in the Marxist-Keynesian ideal world, but what if they are wrong?

"Stealth" Currency War Continues - China Weakens Yuan Fix For 7th Consecutive Day

Submitted by Tyler Durden on 12/14/2015 - 20:39 The Yuan fix has now weakened for 7 consecutive days. Aside from the August devaluation, this is the biggest devaluation in the Yuan since records began in 2004. At the current level of 6.4559 per dollar, the Yuan has retraced to the level it was at when QE ended in July 2011. Chinese stocks are fading a smidge after yesterday's afternoon session "rescue" ramp.

Bitcoin Or Gold: Did The Alleged Bitcoin Creator Just Settle Once And For All What Is More Valuable?

Submitted by Tyler Durden on 12/14/2015 - 20:30 Alleged bitcoin founder Craig "Coldfish" Wright once tried to trade nearly $85 million of virtual currency for gold, according to transcipts from ATO meetings and an account penned by The Australian. The transaction, purportedly conducted with controversial businessman Mark Ferrier, suggests that the man some say is the fabled Satoshi Nakamoto may have believed that his creation was nothing more than "funny money" after all.

Chesapeake Bonds Plummet To 27 Cents Of Par After Company Hires Restructuring Advisor

Submitted by Tyler Durden on 12/14/2015 - 20:18 Chesapeake has hired restructuring advisor Evercore "to shore up its balance sheet as commodity prices extend their decline." This means that Evercore will seek to further slash its debt, almost certainly be equitizing a substantial portion of it, and handing it over as equity in the new company to CHK's bondholders. As a result the company's 2023 bonds, which were trading at par as recently as late May, just rumbled to a record low 27 cents on the dollar.

Ron Paul: "If You Want Security, Pursue Liberty"

Submitted by Tyler Durden on 12/14/2015 - 20:00 Judging by his prime-time speech last week, the final year of Barack Obama’s presidency will be marked by increased militarism abroad and authoritarianism at home. The centerpiece of the president’s speech was his demand for a new law forbidding anyone on the federal government’s terrorist watch list from purchasing a firearm. There has never been a mass shooter who was on the terrorist watch list, so this proposal will not increase security. However, it will decrease liberty.

Chinese Officials Admit To "Significantly Faking And Overstating" Economic Data

Submitted by Tyler Durden on 12/14/2015 - 19:28 Several local officials in China's Northeast region sought to explain dramatic economic drops in their areas by admitting they had faked economic data in the past few years to show high growth when the real numbers were much lower, Xinhua News Agency reported on Friday. The report cited several officials in the region who acknowledged they had "significantly overstated data ranging from fiscal revenue and household income to GDP."

Meet The Burmese "Slaves" Helping Wal-Mart Maintain Margins

Submitted by Tyler Durden on 12/14/2015 - 19:00 Peak globalization? Burmese men, women and children are being sold to factories in Thailand - "no names are used, just numbers" - and forced to peel shrimp that ends up in global supply chains. As a recent AP investigation uncovered, U.S. customs records show the shrimp made its way into the supply chains of major U.S. food stores and retailers such as Wal-Mart, Kroger, Whole Foods, Dollar General and Petco, along with restaurants such as Red Lobster and Olive Garden.

These Are Deutsche Bank's Two Top Trades After A Fed Rate Hike

Submitted by Tyler Durden on 12/14/2015 - 18:28 "either the Fed achieves its goals quickly to a very low terminal Funds rate. Buy bonds. Or they need to be even more aggressive. Buy even longer duration bonds. The choice is more about where to put the long leg of the curve flattener not about whether to steepen or flatten the curve."

THE SAN BERNARDINO SHOOTING – What Really Happened Behind The Scenes?

by Shawn Helton, 21st Century Wire:
The latest media driven shooting attack said to have taken place in San Bernardino, California over a week ago now – and still there’s a growing list of details that don’t add up.
After a week of whitewashed reports, a media scripted ransacking of the alleged ‘shooters’ home (tampering with a potential crime scene) and eyewitness accounts that contradict the official narrative, we also learn that the very room where 14 people were reportedly killed (along with 21 injured) during a deadly shooting attack at the Inland Regional Center, there was an “active-shooter” training drill involving some of the victims almost a year before the attack.
Here’s what doesn’t add up…
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DEEP STATE TERROR: CIA Runs Shadow War With Afghan Militia Implicated in Civilian Killings

by Sudarsan Raghavan, Washington Post:
TOR GHAR, Afghanistan — Months after the Obama administration declared combat operations over in Afghanistan, the CIA continues to run a shadow war in the eastern part of the country, overseeing an Afghan proxy called the Khost Protection Force, according to local officials, former commanders of that militia and Western advisers.
The highly secretive paramilitary unit has been implicated in civilian killings, torture, questionable detentions, arbitrary arrests and use of excessive force in controversial night raids, abuses that have mostly not been previously disclosed.
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How The Republican Establishment Can Keep Donald Trump From Getting The Nomination

by Michael Snyder, End of the American Dream:

It is going to be much more difficult for Donald Trump to win the Republican nomination than most people think. In order to win the nomination, a candidate must secure at least 1,237 of the 2,472 delegates that are up for grabs. But not all of them will be won during the state-by-state series of caucuses and primaries that will take place during the first half of 2016. Of the total of 2,472 Republican delegates, 437 of them are unpledged delegates – and 168 of those are members of the Republican National Committee. And unless you have been hiding under a rock somewhere, you already know that the Republican National Committee is not a fan of Donald Trump. In order to win the Republican nomination without any of the unpledged delegates, Trump would need to win 60.78 percent of the delegates that are up for grabs during the caucuses and primaries. And considering that his poll support is hovering around 30 percent right now, that is a very tall order.
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Should You Think Like an Indian?

by Jeff Thomas, International Man:

For centuries, East Indians have regarded gold as the primary source of wealth. All Indians own gold if they can afford to. They keep it as close as possible, sometimes in coin form, but often as jewellery, since “wearing wealth” means that it can be kept very close. They’re often especially reluctant to trust banks to hold their gold.
Hindus make up 80% of India’s population and, to Hindus, gold is sacred – a symbol of purity, prosperity, and good fortune. It plays an important part in all Hindu ceremonial occasions and Hindus donate large amounts of gold to the temples. The temples are also distrustful of bank storage, although some do store gold in banks.
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