Junk Bonds – Bullish wicks form after rare performance spread!

from kimblechartingsolutions:

 

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 […]

Global Currency War: Many central banks outside of the Federal Reserve, including the Bank of Japan and European Central Bank, are engaged in major easing programs to boost their economies and depress their currencies.

‘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 […]

Housing Bubble 2 Goes Nuts: San Francisco Home Sales Plunge 20%, Prices Soar 27%

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 […]

$2 Trillion High-yield Debt Market On The Verge Of Default, Goldman Sachs Says 1 Trillion In Investments Just Went Poof Due To The Collapse Of Oil, Debt Defaults Have Already Begun To Hit In The North American Shale Oil/gas Industry!

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…

SNIP

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 […]

The US national debt has broken all the records in American, 41% of the national debt of the US has accrued during this administration… Cost of big biz not paying taxes, rich offshore tax havens, bailouts of Wall St…

The US national debt has broken all the records in American.. – pic.twitter.com/9vihekfcQy

— 9GAG Tweets (@9GAGTweets) December 17, 2014

 

(CNSNews.com) – The total federal debt of the U.S. government has now increased more than $7 trillion during the slightly more than five and a half years Barack Obama has been president.

That is more than the debt increased under all U.S. presidents from George Washington through Bill Clinton combined, and it is […]

There Is Hope In Understanding That A Great Economic Collapse Is Coming

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 […]

We Are Witnessing A Spectacular Event Of How Incredibly Dense The Population Of Sheep Are.

by onpoint

 

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.

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 […]

Million Mummies Found in Egypt

This could be interesting. Archeologists are stating that a burial ground in Egypt holds a million bodies. The small child is an 18 month old found, with two bracelets.

Whole families are buried together. Could this be mass genocide?

The CNN link has more imagines.

http://www.cnn.com/video/?/video/bestoftv/2014/12/18/pkg-daftari-egypt-million-mummies.cnn&hpt=hp_t2&from_homepage=yes&video_referrer=http://www.cnn.com/

Lady calls in to radio talk show and contradicts First Lady Michelle Obama’s example of racism at Target.

A listener called into Glenn Beck’s radio program Thursday with an incredible story that contradicts First Lady Michelle Obama’s example of racism at Target. The caller said her sister was the person who asked the first lady to help her reach something, and the shocker is the woman allegedly voted for President Barack Obama — twice.

For those not familiar with the story, the first lady took a trip to Target in 2011. […]

WTF? 20 Experts Who Say Drilling Won’t Lower Gas Prices

In a pretty impressive act of journalism, the Associated Press recently conducted a “statistical analysis of 36 years of monthly, inflation-adjusted gasoline prices and U.S. domestic oil production.” The result: “No statistical correlation between how much oil comes out of U.S. wells and the price at the pump.” It’s neat to see math cut through the talking points and get straight to the truth of the matter — which is […]

Crazy! SpaceX Is About to Land A Rocket On A Platform In The Ocean!

SpaceX has postponed their resupply services mission to Tuesday, Jauary 6 saying that this will give their engineers more time to investigate some of the problems that arose with the Falcon 9 rocket during testing earlier this week.

“The new launch date also will allow the teams to enjoy the holidays,” SpaceX stated in a press release.

After the holidays, it’s back to work. The most monumental part of the SpaceX launch […]

Eye In The Sky! Pentagon Launching Missile Defense Blimps to Patrol East Coast

The US Army is set to begin testing its blimp-like surveillance airships, designed to help the military detect and destroy cruise missiles from attacking the nation’s capital and other East Coast cities.

The blimps at the center of the tests in Maryland are unmanned, 80-yard long, helium-filled aircraft that can float up to 10,000 feet in the air. At that height – a third of the cruising altitude for commercial airliners […]

GOP Candidates Line Up for White House

As we start to learn more about the 2016 Presidential election, one thing seems clear: The road to the White House will go through Cuba. Add that hot topic of debate to another large, and growing list of agenda items dividing party lines. Immigration. Healthcare. The list goes on.

And while she hasn’t officially announced a campaign yet, Hillary Clinton appears to be the frontrunner for the next Democratic candidate […]

The Great Nuclear Hypocrisy?

Senior Washington lawmakers are alarmed by Russia’s “collapsing economy.”
In fact, some in Congress fear that parts of Russia’s nuclear arsenal could “fall into the wrong hands.”
U.S. officials say there’s no immediate reason to think that Russia’s atomic weapons could be sold off to the highest bidder or stolen.
But hawkish Sen. John McCain wants to hold hearings next year on this matter when the 114th Congress is seated. He wants to […]

Did Governor Patrick Lie About Deficit?

Doubts and denials surround the deficit. The fight over dollars and cents. It’s a big story and likely a BIG headache for Governor Elect, Charlie Baker. He’ll have his work cut out for him when he takes over office on January 8th. That according to an INDEPENDENT analysis of the financial standing of the state of Massachusetts. The Massachusetts Taxpayers Foundation conducted their own independent review, and found the state […]

Wall Street is coming off it’s best day of the year, with hopes for another rally. And it’s likely all because of one word

We check business news, with something good to talk about… and it’s not oil. Wall Street is coming off it’s best day of the year, with hopes for another rally. And it’s likely all because of one word: PATIENCE. Yes, that’s right. The virtue, not the sick person at the doctor’s office. That one word – patience – spoken by the right person, and it calmed investors nerves. Fed Chair […]

Iowa makes driver’s license app, should end well

Iowa is poised to become the first state in the nation to make an app, which will serve as legal ID for residents there. The app will be pin-protected to ensure security, but in today’s incredibly surveilled and hacked world, The Resident isn’t so sure this is a good idea.

Russia Crisis May Lead to BANK RUN as Currency Drops 50% Against Dollar!

Sources:
“Russian central bank says to take measures to support financial stability | Reuters”
http://www.reuters.com/article/2014/1…
“Putin gets Russia pumped for public appearance with cinematic trailer – MarketWatch”
http://www.marketwatch.com/story/puti…
rouble russia currency stock market
http://www.zerohedge.com/sites/defaul…
“Traders Betting Russia’s Next Move Will Be to Sell Gold – Bloomberg”
http://www.bloomberg.com/news/2014-12…
“Russian Bank Run Could Be ‘in the Cards,’ UralSib Capital Says – Bloomberg”
http://www.bloomberg.com/news/2014-12…
“Russians flock to stores to pre-empt price rises | Daily Mail Online”
http://www.dailymail.co.uk/wires/ap/a…
https://translate.google.com/translat…
“Christine Lagarde Warns U.S. Over IMF Reform Failings”
http://www.alt-market.com/msm/2441-ch…

Keiser Report: Our Deposits And Pension Funds Are Now Open To Confiscation To Too Big To Fail Banks

Max Keiser and Stacy Herbert discuss the arrival of the ‘shakedown times’ as our deposits and pension funds are now open to confiscation to Too Big To Fail banks in ‘resolution’…something that used to be known as ‘bankruptcy.’ In the second half Max interviews Karl Denninger about the likely oil price collapse impact on credit markets and the “Adequacy of Loss-Absorbing Capacity of Global Systemically Important Banks in Resolution”…say what? […]