1999 was the year before US stock markets collapsed.
Published on Dec 18, 2014
On a day of wild market fluctuations, the rouble, the dollar and the oil price all ended higher, and US stocks had their best day of the year, even as the Federal Reserve prepared the market for rate rises ahead. John Authers asks if they are gearing up to party like it’s 1999.
Click here for more Authers […]
from SGT Report.com:
I caught up with Miles Franklin’s Andy Hoffman today just after he recorded his latest audio blog-cast titled Laughable FOMC Statement Sets New Central Bank Credibility Low Until the SNB One. And Andy has never been more alarmed by what we have witnessed unfolding over just the past two weeks.The global economic system is literally coming apart at the seams.
While talking about this week’s “meaningless” FOMC statement and […]
By Michael Snyder
Getting prepared for the chaos that is coming to America in the years ahead is not that complicated. Help is out there – if you know where to look. And it doesn’t have to be expensive either. In this article, I have put together a list of 122 of the best prepper websites on the Internet that will teach you how to prep for free. The great thing […]
By Michael Snyder
Do you want to know if the stock market is going to crash next year? Just keep an eye on junk bonds. Prior to the horrific collapse of stocks in 2008, high yield debt collapsed first. And as you will see below, high yield debt is starting to crash again. The primary reason for this is the price of oil. The energy sector accounts for approximately 15 to […]
CLICK ON CHART TO ENLARGE
If one likes the idea of buying low and selling higher, junk bonds might come to mind due to how hard they’ve been hit of late! The chart below highlights that an unusual and large performance spread between JNK and the S&P 500. Its not often that these two see a 10% return difference in just 60 days. This differential wasn’t the only thing that got […]
‘We don’t need a war when we can have a currency war‘- guest @sjderrick, Chief Currency Strategist, BNY Mellon
‘We don’t need a war when we can have a currency war’- guest @sjderrick, Chief Currency Strategist, BNY Mellon #Russia #Rouble @CNBC
— Louisa Bojesen (@louisabojesen) December 17, 2014
Currency war hots up as China prepares to bail out Russia
Does Putin & Co have a card up their sleeve amid the huge changes […]
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter
San Francisco is known for its mindboggling booms and breathtaking busts as the hot money from all over the world ebbs and flows amidst startup frenzies and IPO manias.
And now the hot money is flowing. It has created a delirious craziness in the housing market, surrounded by an environment where app makers without revenues but with big dreams and the word “disrupt” in their description are worth […]
AND their analysis didn’t even touch on Shale Oil Projects in the U.S.A. (Because they have too much invested in that).
Enjoy your $2.00 gas while it lasts…
In a stunning analysis this week, Goldman Sachs found almost $1 trillion in investments in future oil projects at risk. They looked at 400 of the world’s largest new oil and gas fields — excluding U.S. shale — and found projects representing $930 billion […]
By Michael Snyder
If you were about to take a final exam, would you have more hope or more fear if you didn’t understand any of the questions and you had not prepared for the test at all? I think that virtually all of us have had dreams where we show up for an exam that we have not studied for. Those dreams can be pretty terrifying. And of course if […]
Either we have some incredibly narrow reporting on the part of UK’s Mail Online, or we are witnessing a spectacular event of how incredibly dense the population of sheep are.
MOSCOW (AP) — Russian consumers flocked to the stores Wednesday, frantically buying a range of big-ticket items to pre-empt the price rises kicked off by the staggering fall in the value of the ruble in recent days.
Russia’s currency has been collapsing 15-20% in […]
Greece might be hit with Cyprus style bail-ins. Euro crisis getting worse. US mortgage applications declined, a sign that real estate is collapsing. Obama signed the 1.1 trillion spending bill. Russia is opening an investigation into the central bank actions. Corporate media polls show that the America people support torture. Police will be scanning social media sites to predict crime. U.S. and Cuba are reestablishing diplomatic relations. U.S. advisers are […]
BANKS HAVE BECOME WARDS OF THE STATE
“We have a problem with the banking system in this country today and that is because banks as they now exist and function are not free market institutions by any shape, form, function or form of imagination! They are essentially wards of the state”
Stockman believes they would not exist in their current form nor would they take the kinds of risk they take if […]
Crossing the border into the US can be a terrorizing experience. In this video, you’ll hear how things go from bad to worse for a young couple who just wants to go shopping.
These Border Patrol agents were caught on audio abusing their authority.
Niagara Falls – LiveLeak released audio footage that captured an exchange between a Canadian husband wife and US Border Patrol Officers when the couple attempted to cross the […]
Welcome to New World Next Week — the video series from Corbett Report and Media Monarchy that covers some of the most important developments in open source intelligence news. This year:
Pilato’s 2014 Story: The Mainstreaming of Conspiracy
The New American ‘Malaise’
“The Elf on the Shelf” is Preparing Your Child to Live in a Future Police State, Professor Warns
The Paranoid Style in American Politics
‘Most Transparent’ White House Ever Rewrote FOIA to Suppress […]
Global growth expectations falling with oil prices pic.twitter.com/RGQQ3V89LH
— Nick (@NickatFP) December 18, 2014
Fed calls time on $5.7 trillion of emerging market dollar debt
World finance is rotating on its axis. The stronger the US boom, the worse it will be for those countries on the wrong side of the dollar
The US Federal Reserve has pulled the trigger. Emerging markets must now brace for their ordeal by fire.
They have collectively borrowed $5.7 […]
Over 50,000 young people in UK are undocumented. Swiss central bank is imposing negative interest rates. Jobless claims decrease across the country after spiking 6% the month before. Housing crash is being blamed on the declining price of oil. Baltic Dry Index declines again. China might be positioning to bail out Russia. US hands over MH17 data but it will be kept confidential. A Ukrainian soldier comes forward and reports […]
North Korea dispatched covert commando teams to the United States in the 1990s to attack nuclear power plants and major cities in a conflict, according to a declassified Defense Intelligence Agency report.
The DIA report, dated Sept. 13, 2004, reveals that five units of covert commandos were trained for the attacks inside the country.
According to the report, the “Reconnaissance Bureau, North Korea, had agents in place to attack American nuclear power […]
December 18th, 2014
With the ruble free falling value, and the Russian economy in serious trouble, Putin took to the stage in an end of year speech, boldly proclaiming that Russia would recover from its economic woes within a few short years, and hanging blame on “external factors.” He expressed his intention to diversify the economy, now heavily dependent on oil and gas, and under attack on the volatile international […]