Supply-Chain Contagion Arrives: Hanjin Bankruptcy "Roils Global Trade", "Freezes" Ships As Rates Soar

In the wake of Hanjin Shipping's collapse, over a dozen container carrier ships have been either frozen or seized around the globe, roiling the industry as freight rates surge, panicked cargo owners try to locate their goods, and manufacturers scramble for alternatives.

There Will Be A Failure In The Supply-Chain As The Global Economy Deteriorates

from X22Report:
 

FARAGE: ESTABLISHMENT LOSING CONTROL OVER THE PEOPLE

from InfoWars:
The Empire didn’t believe Brexit was possible, Farage pointed out
Brexit leader Nigel Farage said the globalist establishment is bewildered over Brexit and clueless on how to regain control.
“The Empire is befuddled,” he said on The Alex Jones Show Tuesday. “The Empire doesn’t get Brexit because the Empire didn’t believe Brexit was possible.”
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"If You Own A Home In Palo Alto, CA; Sell It Now"

Utter insanity is turning south...

"Rick Astley" Market Rips Back Into Green

Because... The Fed is "never gonna let you down" or "desert you"...

The Housing Bubble Is Popping

by Dave Kranzler, Investment Research Dynamics:
The Seasonally Adjusted Annualized Rate (SAAR) economic numbers are now manipulated beyond the definitional meaning of the word “absurd.” This is especially true with the housing market and auto sales reports. – Investment Research Dynamics
Today the NAR released its “pending home sales” index. On a “seasonally adjusted annualized rate” basis, it showed 1.3% gain over June. June’s original report was revised lower from +.8% to -.2%. Mathematically, this downward revision enabled the National Association of Realtors to report a gain from June to July. Keep in mind this is on a “seasonally adjusted” and “annualized rate” basis.
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Original Recipe? $55 Million In Cocaine Discovered At French Coca-Cola Plant

Hundreds of kilos of cocaine were found in a Coca-Cola plant in France last Friday, making the seizure of the drug one of the largest ever on French soil.

 

A ¥9 Trillion Hole Emerges Inside The BOJ's Balance Sheet: "It’s A Pretty Dangerous Situation"

“In preparation for an eventual exit from stimulus, the BOJ last year started adding to its reserves to guard against bond losses, but if profits decline, there’s a chance that they won’t be able to continue that,” Japan Research Institute’s Kawamura said. “It’s a pretty dangerous situation now, even before they start to exit."

Nigel Farage Warns "The Establishment Is Losing Control Over The People"

"Hillary represents everything that has gone wrong in our lives over the last couple of decades...she sees the European Union as a prototype for an even bigger form of world government...what we’ve done is given inspiration to freedom fighters right across the Western World."

Stock Market Levitation Hits Historic Heights

The S&P 500 is on a rare streak of closes near a 52-week high; can this bull run continue or will gravity take over?

Wal-Mart To Fire 7,000

Setting the mood ahead of tomorrow's "critical" for the Fed's September rate hike decision payrolls report, moments ago, WSJ reported that Wal-Mart Stores plans to cut 7,000 back office positions around the country, a restructuring move that in addition to seeking to improve its efficiency, will drastically alter the layout of its workforce, which as recently as a year ago was delighted by WMT's minimum wage price hikes.

Deutsche Bank Refuses Delivery Of Physical Gold Upon Demand

Something unexpected happened when a customer of Xetra-Gold, whose designated sponsor is Deutsche Bank, demanded physical delivery of his gold as was his right...

Trump Doubles Down On Immigration Policies As Pena Nieto Backtracks After Voters Say He "Lacked Strength"

Pena Nieto seemingly caved to criticism that he "failed" and "lacked strength" while Trump doubled down saying "Mexico will pay for the wall - 100%. They don't know it yet, but they're going to pay for it"

"All Components Face Price Pressure" - Apple Forces Suppliers To Accept Price Cuts, As JPM Cuts Production Estimates

In the latest confirmation that the long-awaited rebound in demand for AAPL products keeps getting delayed, even as a surge in low-priced Chinese competition continues to steal market share, overnight the WSJ reported that the tech giant is forcing its suppliers to accept both price cuts and volume reductions in order to preserve profit margins.

Black American Consumer Confidence Just Crashed Most In 15 Years

While consumer comfort among black Americans is more volatile than among white Americans, Bloomberg's confidence survey points to a massive collapse in comfort for black Americans last week (from an exuberant 47.9 to a dismal 37.7). This is the biggest percentage drop since Obama's Syria "red line" in Aug 2012 and biggest absolute drop since Feb 2001.

The Last 7 Times (Since 1970) This Happened, The US Economy Entered Recession

The slowdown in US construction spending growth is rapidly becoming another fiction-peddling chart that President Obama, Janet Yellen, and equity market bulls need to ignore...

US Manufacturing Crashes Into Contraction In August, Election Uncertainty Blamed

ISM Manufacturing had already rolled over in July, but August's collapse (from 52.6 to a contractionary 49.4) has erased the dead cat bounce hopes of Q2. Across the board, ISM factors deteriorated with new orders plunging.

SpaceX Rocket Explodes During Test-Fire Ahead Of Israeli Satellite Launch - Live Feed

A SpaceX booster rocket exploded on the launch pad in Cape Canaveral, Florida, as tropical storm Hermine bore down on the area. The cause for the explosion is yet unknown. According to NBC, buildings several miles away shook from the blast, and multiple explosions continued for several minutes. A cloud of dark smoke filled the overcast sky.

Obama Granted Iran "Secret" Nuclear Deal Exemptions, Despite Claiming Otherwise

The United States and its negotiating partners agreed "in secret" to allow Iran to evade some restrictions in last year's landmark nuclear agreement in order to meet the deadline for it to start getting relief from economic sanctions. Which means Obama lied: the U.S. administration has said that the world powers that negotiated the accord - the United States, Russia, China, Britain, France and Germany - made no secret arrangements.

Hillary’s Approval Rating Plunges To Record Low, Neck And Neck With Trump

A record number of Americans now dislike Hillary Clinton...

Stunning Chart Shows That Central Bank Liquidity Is Now Driving All Asset Prices

If there is a reason why traders walk into their office every day in a state of zombified daze, no longer able to trade various asset classes based on fundamental data or incremental news flow, there is a simple reason for that: global central bank liquidity injections have never been greater, and as of this moment, have surpassed all previous post-financial crisis central bank intervention.

American Worker Productivity Worsens (Again) - Biggest Decline Since 1993

As expected Q2 US worker productivity slowed from its initial -0.5% to a final -0.6%. This is the 3rd quarterly decline - the first instance since 1979 - and the last 3 quarters are the biggest plunge in productvity since 1993 (thanks to a doubling of unit labor costs from expectations of +2.1% to +4.3%).

What Are These Huge Tonnages In “Precious Metals” On Chinese Commercial Bank Balance Sheets?

by Koos Jansen, Gold Seek:
There has been much conjecture since 2014 about the increasing numbers in the “precious metals” category on the balance sheets of listed Chinese commercial banks. By the end of 2015 China’s largest banks were holding RMB 598 billion in precious metals.
Some analysts think that the precious metals on Chinese commercial bank balance sheets are gold reserves purchased on behalf of the Chinese central bank, while others surmise that Chinese banks buy gold at the Shanghai Gold Exchange (SGE) and then lend it out so the precious metals on the balance sheets solely represent leased gold.
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Top USA National Security Officials Admit Turkey Coup

by F. William Engdahl, New Eastern Outlook:
While the Obama Administration and the CIA officially cling to the fig leaf lie that US intelligence was innocent of any involvement in the failed July 15 coup d’ etat attempt by the CIA-run Fethullah Gülen organization in Turkey, the truth is coming out from senior US intelligence insiders themselves. It reflects a huge internal faction struggle within US leading circles in what by all accounts is shaping to be the most bizarre Presidential election year in American history.
The first admission that US intelligence had their hand in the anti-Erdogan coup, a coup launched just days after Erdogan announced a major strategic shift away from NATO and towards Russia, came from Zbigniew Brzezinski. Brzezinski is one of the most senior members of the US intelligence establishment, a former Obama Presidential adviser and former National Security Council architect of the Jimmy Carter 1979 Mujahideen Afghanistan terror operations against the Soviet forces in that country.
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Canada Economy Biggest Drop in 7 Years! Financial Crisis Part 2

from The Money GPS:

SWIFT Hacked AGAIN: Letter Warns Clients of New Thefts

from TRU News:
SWIFT has warned its clients that new cyber-thefts have surfaced since security protocols were installed in June in response to the $81m Bangladesh Bank heist
Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the global financial messaging system
Letter: ”Customers’ environments have been compromised, and subsequent attempts (were) made to send fraudulent payment instructions.”
Letter: Some victims in the new attacks lost money, banks varied in size and geography and used different methods for accessing SWIFT.
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Jimmy Kimmel Admits Faking Hillary Clinton Pickle Jar Skit – Jar Pre-Opened Before Show

from Mark Dice:

Jimmy Kimmel admits that the skit where Hillary Clinton opened a jar of pickles to “prove” she was “healthy” was fake and the jar was already opened to make sure she wouldn’t fail on national television.

Assassination or Death by “Natural Causes”-How Will Hillary Leave the 2016 Presidential Race?

by Dave Hodges, The Common Sense Show:
Both the Democrats and the Republicans have policies related to the presidential ticket with regard to last minute replacements. However, the two major political parties do not have the final word on a last minute replacement.
Congress is the ultimate decision maker with regard to a change the election date under Article II of the United States Constitution. Article II allows Congress to set dates for the selection of presidential electors and when the members of the electoral college will actually vote.
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Are You a Mind-Controlled CIA Stooge? — Paul Craig Roberts

by Paul Craig Roberts, Paul Craig Roberts:
Do you smirk when you hear someone question the official stories of Orlando, San Bernardino, Paris or Nice? Do you feel superior to 2,500 architects and engineers, to firefighters, commercial and military pilots, physicists and chemists, and former high government officials who have raised doubts about 9/11? If so, you reflect the profile of a mind-controlled CIA stooge.
The term “conspiracy theory” was invented and put into public discourse by the CIA in 1964 in order to discredit the many skeptics who challenged the Warren Commission’s conclusion that President John F. Kennedy was assassinated by a lone gunman named Lee Harvey Oswald, who himself was assassinated while in police custody before he could be questioned. The CIA used its friends in the media to launch a campaign to make suspicion of the Warren Commission report a target of ridicule and hostility. This campaign was “one of the most successful propaganda initiatives of all time.”
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CONSTITUTIONAL EMERGENCY: AMERICA CAN FALL IN THE NEXT 2-3 MONTHS

from grindall61:








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