Could plunging oil prices ignite a debt crisis?
Howard Marks believes the plunge in oil prices may usher in a new era for investing in distressed debt.
For more than three years, the billionaire investor and Oaktree Capital Group LLC (OAK) co-founder urged his deal makers to be cautious, warning of loose credit standards and high prices for distressed assets. That may change as the price of oil plummets, Marks said in […]
Jeff Nielson joins me Vancouver to look at current events such as the massive attack on the Russian Ruble, the rapid decline in the price of oil, Currency wars and the real possibility of the outbreak of World War III to cover the unstoppable collapse of the dollar and the US Economy.
Jeff Nielson website: www.bullionbullscanada.com
For almost two years, by combining various points of view (speculative, geopolitical, technological, economic, strategic and monetary…), we have continued to anticipate a major crisis in the entire oil sector.Today, no one doubts the fact that we are actually at that point, and the GEAB must therefore anticipate the consequences of this veritable atomic bomb, which has begun to blow up all the old system’s pillars: everything which we […]
“Markets will take the hit before economies get the benefit” of a lower oil price, according to Blackrock
This month’s big fall in the price of oil should be good news for much of the world’s economy. But so far markets have been telling a different story.
The MSCI Europe index has dropped 4% since early December, while the S&P 500 index remains 1% lower over the same period despite a rally […]
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 […]
SONY ‘The Interview’ HACK SCANDAL – An Inside Job to Bring in Cyber Security Bill?
The Sony hack attack has reinvigorated support for privacy-busting CISPA-style cybersecurity legislation that was previously considered dead, prompting calls to make the issue a top priority in 2015.
With the White House declaring the hack to be a “national security issue” yesterday, numerous prominent lawmakers jumped on the issue to push a “zombie” cybersecurity bill – the […]
An X-class solar flare occurred in the early morning hours of December 20, 2014. Coming from AR12242 as it passes towards the Western limb of the Sun.
This is on top of the multiple M-class events – watch those flares here:
Solar monitoring links here:
Starting your weekend w/ scary #lowflation chart as #deflation risk in Eurozone remains going into 2015 (via Goldman) pic.twitter.com/rw6ySUDXYr
— Holger Zschaepitz (@Schuldensuehner) December 20, 2014
WASHINGTON — A panel investigating theCentral Intelligence Agency’s search of a computer network used by staff members of the Senate Intelligence Committee who were looking into the C.I.A.’s use of torture will recommend against punishing anyone involved in the episode, according to current and former government officials.
The panel will make that recommendation after the five C.I.A. officials who were singled out […]
by Michael Noonan
An eminent collapse of the US fiat petrodollar? China and Russia, with their enormous
build-up of physical gold over the last several years, waiting in the wings to lead a new
gold-backed currency? The growing BRICS alliance to unseat the elite’s Western NWO
and its banking system?
A growing likelihood on the first question, and no and no to the latter two questions. In
fact, the elites are probably doing more to destroy the […]
Fed up with the passage of an 18½-page incoherent, rambling, unconstitutional gun control initiative that was bankrolled by billionaires, gun owners across Washington state held the largest felony civil disobedience rally in the nation’s history, brazenly titled “I Will Not Comply.” No one was hurt and no stores were looted. Between 1,000 and 3,000 lawful gun owners showed up openly armed at the state capitol in Olympia, Wash., on Saturday […]