Economist & Analyst : If The Fed Lose Control, The Downside Move In Markets May Be Terrifying. Almost Every Major Asset Class in the World Is ‘Brutally Overpriced’ On Fed Policy

Every Major Asset Class Is Overpriced: Analyst

Federal Reserve policy has been credited often with pushing up stock prices, but one research firm believes the central bank has pushed all asset prices to extreme levels.

“We think investors with a longer-term outlook should tread carefully in financial markets,” TrimTabs said in its widely followed weekly market analysis. “TheFederal Reserve and its fellow central banks have succeeded in making almost every major asset class [...]

The West Is On Decline, Global Wealth Shifting To The East, The Expansion Of Government In The West Has Made It Possible For Countries To Load Up On Massive, Never-Ending Deficits, Will Soon Reach Crisis Levels.

breaking

The Decline Of The West: Presenting The Decline of The West In Two Easy Infographics

There’s been a shift of wealth.

Two interesting infographics were published recently that make it so easy to see the decline of the West, even a caveman can do it.

The first is from the Brookings Institute, which has released an interactive map showing economic growth data for the largest 300 metropolitan areas in the world– from New York [...]

BREAKING: NATO to Deploy Patriot Missiles in Turkey on Syrian Border using German Troops. UK Royal Marines on Standby

Turkey will officially request deployment of NATO missiles on Monday: German daily

http://www.acus.org/natosource/turkey-will-officially-request-deployment-nato-missiles-monday-german-daily

https://twitter.com/NATOSource/status/269802185242599424/photo/1

Sueddeutsche Zeitung: up to 170 German soldiers could be deployed in Patriot missile mission near Turkey Syria

https://twitter.com/NATOSource

Video: Panetta says U.S. supports deployment of Patriot missiles to Turkey | Atlantic Council

From Voice of America:  Another area of special concern for [Secretary of Defense Leon]Panetta is Syria, where cross-border attacks have prompted Turkey to ask NATO for Patriot missiles to place along the Syrian border. Panetta says [...]

Forget Double Dip, The UK Is Now In A Depression…. Will It Spread?

With the Olympics about to kick off in all its glorious celebration, the sad reality of UK’s GDP shrinking 0.7% as the empire drops further into a double-dip. As Bloomberg Brief notes, this came along with a 5.2% plunge in construction output as the IMF estimates austerity has cut 2.5% off GDP. What is most concerning is that GDP has fallen for five of the last seven quarters and is now [...]

Eurozone crisis: Spain at ‘tipping point’ over borrowing costs as factory output in Germany and France plummets

Analysts warn recession-ravaged Spain is on the brink of financial disaster
Fears panic will spread to Italy and tear the eurozone apart
FTSE 100 index of leading shares down 2% as Spain bans short-selling of shares to stem stock market losses
French and German markets down 3%

Italy heads towards bail-out with nearly £1trillion public debt

More Spanish regional governments expected to call on central government for help, sparking fears Spain will need full bail-out
Spanish [...]

BIG NEWS: German president has ordered Chancellor Angela Merkel to clarify exactly what she agreed behind closed doors at the EU crisis summit ten days ago

German president Joachim Gauck has ordered Chancellor Angela Merkel to clarify exactly what she agreed behind closed doors at the EU crisis summit ten days ago, lending a powerful voice to critics dismayed by the surging costs of euro bail-outs.

“She has a duty to explain in great detail what it means, and what it means fiscally. There seems to be a lack of energy in telling the people what is [...]

The Global 20: The 20 Big Trends That Are Changing The World

Eric Platt, Matthew Boesler and Max Nisen

“The Global 20″ is Brought to you by Oppenheimer Funds

Read more: http://www.businessinsider.com/the-global-20-2012-5?op=1#ixzz1vnEASg3E

Each day, the data onslaught that hits markets has an outsized impact on how stocks around the world move. 

While it’s easy to get caught up in this noise, investors trying to get ahead of the curve need to focus on the big trends.

We have identified these big trends in The Global 20.

The list includes the rapidly growing field [...]

US banks are charging ever higher rates for Eurozone banks to borrow

by Tyler Durden 

In the middle of the European crisis last fall, EUR-USD cross-currency basis swap spreads were on the tip of every trader and media-personality’s tongue as the critical means for providing banks with access to short-term USD liquidity was ratcheting lower and lower. This means the European banks were willing to pay a higher and higher premium to be able to offload their EUR funding into USD funding. With LTRO funding [...]

HOW MUCH LONGER CAN EURO SURVIVE?

David Cameron will attack Germany and other European countries for failing to stop the euro breaking apart
Will insist austerity measures is the only way to ‘keep Britain safe’
Experts say if the crisis isn’t contained 10 per cent of the national income could be wiped out in EU countries

 

David Cameron will today express grave doubts about the survival of the euro amid fears that a collapse could drag Britain into a [...]

Global Systemic Risk Soars To 5 Month Highs

Only two weeks ago, we noted that the 30 most systemically important financial institutions in the world were seeing risk surging to 3-month highs. Today has seen that eclipsed dramatically as the credit risk of these entities soars to the year’s worst levels jumping 22% in the last two weeks alone. At 264bps, we are now close to the 3/9/09 peak crisis levels (of 274bps) and pushing up to the Q4 [...]

No End In Sight To Global Job Crisis: UN

Fiscal austerity and tough labor reforms have failed to create jobs, leading to an “alarming” situation in the global employment market that shows no sign of recovering, the International Labour Organization said on Sunday.

In advanced countries, especially in Europe, employment is not expected to return to pre-crisis levels of 2008 until the end of 2016 — two years later than it previously predicted — in line with a slowdown in [...]

This Is The UK’s Weakest Recovery In 100 Years

by Heather Stewart

The UK’s stop-start recovery has been the weakest to follow any recession in the past 100 years, with output still 4% below the level of 2008.

Great Depression – 1930s

The devastating downturn of the early 1930s followed Winston Churchill’s decision as chancellor, in 1925, to hitch the UK economy to the gold standard at an impossibly uncompetitive exchange rate. That left British industry vulnerable to the slump in worldwide demand [...]

The Kondratieff Cycle Wave Strikes Back

- Posted Friday, 20 April 2012 | Share This Article | Source: GoldSeek.com
By David Knox Barker

The Kondratieff long wave cycle (aka The K Wave) provides the only good explanation of the current state of the global economy and financial markets. It is clear that a multi-generation long wave debt cycle has driven individual, government and corporate debt to crisis levels that are now in the process of a slow motion implosion. The debt [...]

Christopher Whalen Explains The Crisis: 6 Minute MUST WATCH Video – “Wait till we get to Spain!”

Christopher Whalen explains the (still) ongoing economic and shadow banking collapse in 6 minutes, a must listen, showing that years later his predictions are sober, accurate, and that absolutely nothing has changed except for only that every problem he highlights has been amplified.

But not to worry, the U.S. Treasury Secretary just said:

“that the economy is stronger than at any time in the past several years.”

Cue back to Summer 2007, the U.S. [...]

Antidepressant Drugs Causing Epidemic of Mania, Mayhem and Murder… America’s addiction to dangerous SSRI’s hits crisis levels

Paul Joseph Watson & Alex Jones
Infowars.com
Monday, April 9, 2012

The alleged shooting of a police officer in Austin by a man taking the anti-anxiety drug Xanax is just one of a plethora of recent incidents fueled by anti-depressant pharmaceuticals – an epidemic of mania that has swept the country.

 

 

Mary O’Dell, the mother of 24-year-old Brandon Montgomery Daniel told the Associated Press that her son’s role in the fatal shooting of [...]

LTRO #Fail And Two Types Of Credit Losses

Two weeks ago we noted that all those banks that ‘invested’ in Spanish and Italian ‘Sarkozy’ carry-trades post LTRO2 are now under-water on their positions (on a MtM basis). The last week or so has seen this situation deteriorate rather rapidly with Spanish yields now backed up all the way to mid-November levels (and notably Spanish equities below their November lows) removing all the LTRO-exuberance leaving all Spanish banks under-water on their carry [...]

Shaming The Non-Stock Buyer: IF YOU’RE NOT BUYING STOCKS, YOU’RE CRAZY!

Just when one might have thought one had seen all the pro-bull market techniques used by the mass media, one finds another. The AP is out on Yahoo’s Finance section with quite the headline: Why Are Americans Avoiding Stocks? Ask a Shrink. They are not quite saying people who are afraid of the stock market are crazy, but they come close. Here are some quotes:

The headlines say the financial crisis is behind [...]

JS Kim: In Today’s Risk-Filled Markets, Can You Afford to Be Misled By Fantasy Financial Reporting?

I’m writing this article today out of anger, yes, anger. Here’s the latest offering of a steaming pile of cow dung that passes for financial journalism that I stumbled across the other day:

“The headlines say the financial crisis is behind us. The Dow is back to pre-financial crisis levels. Layoffs are the slowest since the financial crisis, and car sales the highest since the financial crisis. So why are Americans [...]

Argentina’s never-ending tragedy

Telegraph.co.uk

Despite appearances, Argentina is an economic basket case again

I’m not going to get into the rights and wrongs of Argentina’s claim on the Falklands, but if I were a Falkland islander, I’d continue to avoid the embrace, well meaning or otherwise, of these Latinos of the South Atlantic like the plague – for, largely unreported by the Western press, Argentina is once more an economic basket case.

But how can that [...]

How Banks Shirked The Bill For The Crisis And Emerged Richer Than Ever

There are many myths surrounding the “American banking industry” as it relates to its health and well-being. In that regard, the banking analysis that follows is an attempt to bring clarity as to where the U.S. banking industry currently stands at the end of 2011 and to explain what really took place in the banking environment over the past five years since our latest financial crisis began in 2007.

The facts [...]