Junk Bond Investors Facing First Global Loss in Five Years… Much More Ahead… “Markets Will Take The Hit Before Economies Get The Benefit” Of A Lower Oil Price

“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 […]

Party likes it’s 1999 – The Year Before US Stock Markets Collapsed.

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 […]

INFLECTION POINT: UNPRECEDENTED FEAR AS EVERYTHING FALLS APART — Andy Hoffman

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 […]

Get Prepared: 122 Of The Best Prepper Websites On The Internet

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 […]

Junk Bonds Are Going To Tell Us Where The Stock Market Is Heading In 2015

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 […]

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 […]

NBC’s Pete Williams: Obama Admin ‘Haven’t a Clue’ What to Do About North Korea

NBC’s Pete Williams: Obama Admin ‘Haven’t a Clue’ What to Do About North Korea (December 18, 2014)

The Worst of MSNBC in 2014: Warnings for the word Redskins, badly predicts election outcomes, poorly analyzes literature…

The MSNBC crew offers trigger warnings for the word Redskins, badly predicts election outcomes, poorly analyzes literature and overall has a really great year.

US taxpayer $$$ will fund mass murder and ethnic cleansing in my country, Ukraine.

from reddit:

I’m a Ukrainian, and I never thought I would live to see the day when I say this- but the American government just passed a lawauthorizing it to give lethal aid to the government it itself installed in Ukraine in February to commit ethnic cleansing in Donbass and mass murder of internal dissidents opposed to its policies throughout Ukraine.

Primary source videos showing bloodthirsty brutality of the far-right US-installed Ukrainian […]

The Sony Hack has all the hallmarks of an inside job. Sony Pictures and the CIA both have motive to propagandize this film and target North Korea. It is also being used as a smoke and mirrors campaign to justify the Surveillance State

RadioShack Is Running on Credit Derivatives… The Amount Of Credit-Default Swaps Tied To Radioshack Is 28 Times Its Debt!

A good general principle in thinking about derivatives is that real effects tend to ripple out from economic interests. This is not always true, and not always intuitive: If you and I bet on a football game, that probably won’t affect the outcome of the game. But most of the time, in financial markets, it is a mistake to think of derivatives as purely zero-sum, two-party bets with no implications for the underlying thing. […]

Chinese Wealth Buying Up Seattle-area Property

MEDINA, Wash. (AP) — Savvy Seattle-area real estate agents have gained an advantage by paying attention to the growing connections between China and Washington state.

“I’m so glad my mother made me study Chinese,” laughed property broker Janie Lee, after showing a client from Beijing a $4 million home in the suburb of Medina. “I’ve been using it a lot.”

This year, Chinese visitors are on pace to top the list of […]

We’ve Known for 1,700 Years that Torture Produces False Confessions

by WashingtonsBlog

We’ve Known for Thousands of Years that Torture Doesn’t Work

Mark Costanzo (Claremont McKenna professor of psychology) and Ellen Gerrity (Duke University professor of Psychiatry and Behavioral Sciences) note in a study published in the journal Social Issues and Policy Review:

As early as the third century A.D., the great Roman Jurist Ulpian noted that
information obtained through torture was not to be trusted because some people are “so susceptible to pain […]

Birds know when tornadoes will hit, 24 hours in advance !!! Incredible new findings may save thousands of lives in the US

Birds ‘heard tornadoes coming’ and fled the day before

US scientists say tracking data showing five golden-winged warblers left their nesting site a day before a tornado outbreak suggests they “heard it coming”.

Geolocators showed the birds, left the Appalachians and flew 700km (400 miles) south to the Gulf of Mexico.

The next day the deadly April 2014 tornadoes swept across the central US.

http://www.bbc.com/news/science-environment-30531060

Warren Buffett lost more than 1 billion dollars on a big bet today

Shares in BYD, a Chinese car company backed by Warren E. Buffett’sBerkshire Hathaway, plunged without explanation by as much as 47 percent on Thursday, losing more than $1 billion in market value for the day.

BYD, which is based in the southern city of Shenzhen and makes electric vehicles, batteries and mobile phone handsets, said it could not explain the sudden decrease, which coincided with surging trading volumes in its stock.

MORE:

http://www.cnbc.com/id/102280656

Here’s […]

Currency wars… are we there yet?

Russia Has Begun Selling Its Gold, According To SocGen
A few days ago, we first reported a rumor that was floating around Wall Street desks, and which, according to some, was the “reason” that gold was being kept lower even as sovereign risk was exploding around the globe. The rumor was that Russia was selling its gold holdings:

http://www.zerohedge.com/news/2014-12-18/russia-has-begun-selling-its-gold-according-socgen

Signs US Economy in Trouble, Russian Bear Not Wounded, Reopening Relations with Cuba

The Federal Reserve just came out and said that it was going to be “patient” when normalizing the monetary policy. I know Wall Street is jubilant and the stock market spiked on the news, but I think this is really ominous and it is nothing to be celebrated. To me, that means don’t expect the Fed to raise interest rates anytime soon because the economy is much worse than what […]

EU summit agrees 300 billion euro fund to avert crisis

EU leaders have agreed to launch an investment fund that could generate up to 300 billion euros to jump start the bloc’s sluggish economies and ignite job growth.

The plan is the brainchild of European Commission President Jean-Claude Juncker.

MORE:

http://www.euronews.com/2014/12/19/eu-summit-agrees-300-billion-euro-fund-to-avert-crisis/