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Re: Whither the Market in an Era of Rate Hikes?
Appears China is a vacuum.
Futures Bounce Fades As Oil Treads Water, Italian Banks Turmoil, Chinese Stocks Won't Stop Falling
Following the Fed's disappointing "dovish, but not dovish enough" statement which effectively admitted Yellen had committed policy error by hiking just as the US economy "was slowing down" which in turn lowered the odds of a March rate hike to just 18%, it was up to oil to pick up the correlation torch, and so it did, rising in an otherwise mixed session which has seen European stocks slide on continued weakness surrounding Italian banks, many of which have been halted limit down, while Asia was unable to pick a direction after the resignation of Japan’s "Abenomics" minister Akira Amari to over a graft scandal and yet another rout for Chinese stocks.
Before we get to the US, we should note what is going on in China where the Shanghai Composite Index fell by another 2.9% to 2655.66, capping a 9.6 percent retreat over three days, as concern a weakening economy will reduce corporate profits overshadowed the biggest cash injection into the financial markets in three years. The SHCOMP closed at the lowest level since November 2014, taking its decline for the year to 25 percent, the most since 2008. As Bloomberg notes, authorities continue to take measures to stabilize the nation's financial markets but having most of their time focused on propping up the devaluing currency, they appear to have left equity investors to fend for themselves.
This week's net injection of 590 billion yuan ($90 billion) into the money markets ahead of the start of the Chinese new year was the biggest since February 2013, however it wasn't big enough. Further declines in the equity benchmark could be on the way. Strategists and technical analysts surveyed by Bloomberg are targeting a bottom of 2,500, compared with 2,656 today. Since the Shanghai Composite Index reached a record high on June 12 it has plummeted 48 percent. As can bee seen on the chart below, it remains the world's worst performing major equity index in 2016.
http://www.zerohedge.com/sites/defau...%20chart_0.png
Away from Asia, futures on the Nasdaq 100 Index climbed driven by Facebook which jumped 12% in early New York trading after posting another record earnings period. Technology peers also rallied, with more than 2 percent gains each in Google parent Alphabet Inc., Apple Inc., Netflix Inc., Amazon.com Inc. and Microsoft Corp. Amazon and Microsoft are due to report results today, along with some 50 other Standard & Poor’s 500 Index members.
And while Europe was initially happy to track oil modestly higher, it has since then stumbled deep in the red following the latest bout of risk in Italy where banks fell for the second day, leading the FTSE MIB to underperform the broader European market, and pushing the FTSE Italia All-Share Banks index down 4.2% as of 12:18pm CET. Indeed, this morning has been a a freeze fest, with Pop. Milano, UniCredit, Monte Paschi, Pop. Emilia shares halted; down ~5% or more after Banca Akros says price of the "bad bank" guarantee looks rather costly, doubts many Italian banks will be interested in using it to offload bad loans.
The one silver lining has been the MSCI Emerging Markets Index which rose for a second day and Gulf stocks were on course for their best week since December 2014. as U.S. crude headed for a three-day advance, helping boost currencies of commodity-exporting nations. "Emerging-market assets are rallying across the board today as the Fed sounded relatively dovish watching global developments,” said Bernd Berg, an emerging markets strategist in London at Societe Generale SA. “A March Fed rate hike looks increasingly unlikely now. I think we are now entering a risk-on phase and oil-related currencies will post a sizable rally."
However, that may not last: with the futures picture changing dramatically, moments ago US equity futures slid as Oil erased all of its losses for the day:
- WTI CRUDE ERASES GAINS, TRADES LITTLE CHANGED AT $32.26/BBL
- WTI Crude Erases Earlier Advance, Dips 0.4% to $32.16/Bbl
- S&P FUTURES QUICKLY TURN LOWER; OIL FALLS; EU STOCKS DROPPING
http://www.zerohedge.com/news/2016-0...ocks-wont-stop
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Re: Whither the Market in an Era of Rate Hikes?
Baltic Dry Index + Watchlist
BDIY:IND
317.00
8.00
2.46%
As of 08:00:10 ET on 01/29/2016.
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Re: Whither the Market in an Era of Rate Hikes?
-
Re: Tracking the DOW PLUNGE!!!
Baltic Dry Index + Watchlist
BDIY:IND
317.00
-
Re: Tracking the DOW PLUNGE!!!
one more beat down ... North and South American Indexes
http://i.cdn.turner.com/money/.eleme...nClosedKey.gif
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Re: Tracking the DOW PLUNGE!!!
We are in a global economy. You don't have just one country and its stocks falling any more. Everything is tied together. Wrapped up nicely in a handbasket going to hell.
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Re: Tracking the DOW PLUNGE!!!
Baltic Dry Index + Watchlist
BDIY:IND
314.00
3.00
0.95%
-
Re: Tracking the DOW PLUNGE!!!
Middle-East Markets See Extremely Bad Start Of The Year
By ZeroHedge
Posted on Sun, 17 January 2016 23:20 | 0
Broad Middle-East and African stock markets crashed over 5%, erasing any gains back to November 2008 as the carnage from last week continues. From Kuwait (-4.3%) to Qatar (-8%) it was a bloodbath as Saudi Arabia Tadawul Index plunged 5.4% - the most since Black Monday (now down over 50% from their 2014 highs). These losses are far in excess of U.S. 'catch-up' moves and suggest a dark cloud over Asia this evening.
It's been a bloodbath in the Middle-East since the year began...
http://cdn.oilprice.com/images/tinym...abmarketsA.jpg
Africa/Middle-East Stocks crashed 5%...
Related: EIA Forecasts Miss the Mark, But Do Better Than Most
http://cdn.oilprice.com/images/tinym...abmarketsB.jpg
Saudi Arabia's Tadawul Index is down 5.4% on the day - the worst since August's collapse and has lost over 50% since its exuberant peak in 2014...
http://cdn.oilprice.com/images/tinym...abmarketsC.jpg
Kuwait down over 4% to 2009 lows... $80 Oil By June – Do NOT Be Fooled By The Mainstream Media
The current market turmoil has created a once in a generation opportunity for savvy energy investors.
Whilst the mainstream media prints scare stories of oil prices falling through the floor smart investors are setting up their next winning oil plays.
Click here for more info on successful oil investing
Related: Oil Sinks Below $30 As Traders Fear Tidal Wave Of Iranian Oil
http://cdn.oilprice.com/images/tinym...abmarketsD.jpg
But Qatar was carnaged... (down over 8%)
http://cdn.oilprice.com/images/tinym...abmarketsE.jpg
Makes you wonder where all that hot-money from The Fed flowed eh?
By Zerohedge
More Top Reads From Oilprice.com:
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Re: Tracking the DOW PLUNGE!!!
got gas for 1.25 this morning ,
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Re: Tracking the DOW PLUNGE!!!
I saw Dow ended at 16,336.66 last evening. I think I see it end with 666 numbers quite frequently... Sign of diabolical/numerology manipulation?
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Re: Tracking the DOW PLUNGE!!!
Baltic Dry Index + Watchlist
BDIY:IND
303.00
7.00
2.26%
-
Re: Tracking the DOW PLUNGE!!!
Quote:
Originally Posted by
mick silver
Baltic Dry Index + Watchlist
BDIY:IND
303.00
7.00
2.26%
This is absurd!
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Re: Tracking the DOW PLUNGE!!!
They keep pumping the DOW to that 16,000 level. At some point it has to break out. I suspect the intent of the PPT is to contain and delay. The debt contagion is like an elephant sitting on the house of cards which begins to crumple from internal corruption. It is at the creaking and snapping point. The stench of the corpse is stronger than the gallons of perfume.
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Re: Tracking the DOW PLUNGE!!!
U.S. Stocks Fluctuate as Oil Erases Gains, Dollar Drop Continues Jeremy Herron
Cindy Huang
February 3, 2016 — 5:53 PM EST Updated on February 4, 2016 — 1:40 PM EST
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Should Investors Continue to Short Oil?
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http://assets.bwbx.io/images/iY2ilrEsH8Qk/v1/488x-1.jpg Bond Markets Are Underestimating the Fed, Goldman and Pimco Warn
http://assets.bwbx.io/images/irVb4klImKOM/v1/488x-1.jpg These Are the World's Most Miserable Economies
http://assets.bwbx.io/images/ithZzg2DF75g/v1/488x-1.jpg Credit Suisse Stock Plummets as Investors Question CEO's Targets
http://assets.bwbx.io/images/iZccBBv...v5/400x225.jpg Should Investors Continue to Short Oil?
- Greenback extends losses after depreciating 1.7% on Wednesday
- Consumer shares drag equities lower as crude slips below $33
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U.S. stocks fluctuated, as commodities from copper to gold advanced amid a slide in the dollar fueled by speculation global growth may not be strong enough to warrant further central-bank tightening. Crude erased its advance to fall back below $33 a barrel.
The Standard & Poor’s 500 Index was little changed after rising more than 0.7 percent. Disappointing results at retailers dragged consumer shares lower. Crude’s rally faded, while the Bloomberg Dollar Spot Index headed for its biggest two-day loss since 2009. Emerging-market equities rallied almost 3 percent. The pound fell after Ian McCafferty, the Bank of England’s only policy dissenter over the past six months, dropped his call for higher interest rates.
http://assets.bwbx.io/images/iGci4yieA78Y/v3/-1x-1.png
The dollar’s retreat was sparked by data showing the U.S. services sector grew at the slowest pace in nearly two years, underscoring the vulnerability of the American economy to unsteadiness abroad. The report tipped the fixed-income market’s balance closer toward zero rate hikes by the Federal Reserve this year, amid prospects central banks from Asia to Europe will act to quell the turmoil that’s roiled markets in 2016. The greenback’s drop helped prop up the price of crude and industrial metals.
“The lower the dollar, the better it is for commodities, so we are seeing a little bounce back,” Andrew Brenner, head of international fixed income at National Alliance Capital Markets in New York said by phone. “The number of Fed rate raises has continued to be reduced by the market place, probably a little bit too much. But yes the Fed will cut back, we will not do four interest rates raises this year.”
Stocks
The S&P 500 added 0.3 percent to 1,918.05 at 1:37 p.m. in New York. The gauge advanced yesterday for the first time this month, erasing a drop of more than 1 percent as oil’s surge topped 7 percent. The benchmark equity gauge is down more than 6 percent so far in 2016.
Materials shares advanced 2.5 percent, as Freeport McMoRan Inc. surged with copper. Energy producers added 0.6 percent. Shares in consumer-discretionary stocks fell. Kohl’s Corp. sank 18 percent after slow sales squeezed profits. Ralph Lauren Corp. plunged after the company cut its annual forecast.
Economic data did little to alter perceptions on the strength of the world’s largest economy. Initial jobless claims last week rose more than expected, Labor Department data showed, while factory orders declined at a faster pace in December than the previous month.
“The question is what can we hang our hat on right now? It’s not earnings, it’s not what central banks are able to do, and it’s certainly not what we’re seeing with economic data,” Yousef Abbasi, global market strategist at JonesTrading Institutional Services LLC in New York, said by phone. “Central banks continue to take their targets down on growth and inflation and part of today’s frustration came with the whippiness of crude.”
The Stoxx Europe 600 Index fell 0.2 percent, after rising as much as 1.1 percent. Daimler AG led automakers to among the biggest declines out of the 19 industry groups. Gauges of energy shares and commodity producers jumped more than 3.3 percent, for the best performances.
Credit Suisse Group AG slumped 11 percent to its lowest price since August 1992 after posting a quarterly loss as it wrote off goodwill and set aside provisions for litigation, while its two investment-banking divisions slumped.
Emerging Markets
The MSCI Emerging Markets Index rose 2.8 percent, with more than six stocks advancing for every one that declined. Material and energy producers led gains among 10 industry groups, climbing more than 5 percent.
Russia’s Micex Index jumped 2.4 percent, the most in a week, and shares in Dubai rallied 2.8 percent. Equity benchmarks in South Korea, Malaysia, the Philippines and South Africa rose at least 0.8 percent.
Emerging-market currencies headed for a two-day advance. Malaysia’s ringgit and South Korea’s won strengthened at least 1.4 percent against the dollar, sending a gauge of developing-nation exchange rates toward a one-month high. Turkey’s lira erased this year’s losses.
Currencies
The Bloomberg Dollar Spot Index, a gauge of the greenback against 10 major peers, retreated 0.6 percent after sliding as much as 1.9 percent last session.
The greenback fell against all of its 16 major peers except Mexico’s peso and the British pound, which was weighed down by the Bank of England ’s unanimous vote to keep interest rates unchanged. Officials signaled borrowing costs will stay low as they cut their growth and inflation forecasts.
The dollar slipped 0.9 percent to 116.82 yen, after erasing all its gains since the BOJ’s surprise Jan. 29 move. The greenback weakened 0.9 percent to $1.1207 per euro, and has now fallen every day this week.
Commodities
The Bloomberg Commodity Index, which measures returns on raw materials, was little changed after earlier rallying as much as 1.2 percent. The gauge advanced 1.9 percent yesterday.
Oil swung wildly in New York. West Texas Intermediate fell 0.6 percent to $32.10 a barrel in New York, after earlier jumping as much as 4.1 percent. Some OPEC member states and non-members have been talking about an extraordinary meeting on production.
Statoil ASA, Norway’s biggest oil company, deepened investment cuts and offered to pay dividends in stock. Royal Dutch Shell Plc said it depleted its oil and gas reserves much faster than it replenished them with new resources in 2015, its worst performance since 12 years ago.
Industrial metals benefited from a drop in the U.S. currency that makes dollar-denominated commodities cheaper for investors. Aluminum for delivery in three months climbed to the highest this year on the LME, and lead advanced for the eighth day in a row, the longest run since June 2014.
Spot gold climbed for a fifth day, the longest run of gains in five months, as expectations of continued low U.S. interest rates seeped through the market.
Bonds
The Treasury 10-year note yield slipped two basis points to 1.87 percent. The yield dropped to 1.79 percent Wednesday, the lowest level since February 2015. Goldman Sachs Group Inc. and Pacific Investment Management Co. say bonds are poised to fall and traders aren’t prepared for how far the Federal Reserve will raise interest rates.
Spanish and Italian government bonds led declines across the euro region as investors questioned the level of additional stimulus they can expect from the European Central Bank.
Before it's here, it's on the Bloomberg Terminal.
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Re: Tracking the DOW PLUNGE!!!
if the frn ever turns down....shouldn't gold, stocks, commodities go up in frn price?
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Re: Tracking the DOW PLUNGE!!!
Quote:
Originally Posted by
cheka.
if the frn ever turns down....shouldn't gold, stocks, commodities go up in frn price?
They generally do, and they did so today! Apart from Baltic Dry Index, it goes down no matter what happens...
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Re: Tracking the DOW PLUNGE!!!
World Currencies
| Currencies vs. USD |
$1= |
% Change |
|---|
|
Canada Dollar |
1.3744 |
-0.3408% |
|
European Euro |
0.8927 |
-0.9953% |
|
United Kingdom Pound |
0.6860 |
+0.1029% |
|
Japan Yen |
116.7640 |
-1.0852% |
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Re: Tracking the DOW PLUNGE!!!
World markets plunge as oil drops below $27 a barrel
by Jethro Mullen and Matt Egan @CNNMoneyInvest
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Re: Tracking the DOW PLUNGE!!!
Fear & Greed Index beta
What emotion is driving the market now?
- Fear & Greed Now: 25 (Extreme Fear)
- Fear & Greed Previous Close: 25 (Extreme Fear)
- Fear & Greed 1 Week Ago: 20 (Extreme Fear)
- Fear & Greed 1 Month Ago: 41 (Fear)
- Fear & Greed 1 Year Ago: 45 (Neutral)
Last updated Feb 4 at 3:28pm
Seven Fear & Greed Indicators
How we calculate the index More »
Put and Call Options
Greed
During the last five trading days, volume in put options has lagged volume in call options by 27.70% as investors make bullish bets in their portfolios. However, this among the lowest levels of put buying seen during the last two years, indicating greed on the part of investors.
Last changed Feb 3 from an Extreme Greed rating
Updated Feb 4 at 3:27pm
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Re: Tracking the DOW PLUNGE!!!
this is getting real , could we be heading to a bigger crash then 2008 ... Baltic Dry Index + Watchlist
BDIY:IND
297.00
1.00
0.34%
As of 08:00:54 ET on 02/06/2016.
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Re: Tracking the DOW PLUNGE!!!
-
Re: Tracking the DOW PLUNGE!!!
Baltic Dry Index + Watchlist
BDIY:IND
297.00
-
Re: Tracking the DOW PLUNGE!!!
Quote:
Originally Posted by
mick silver
Baltic Dry Index + Watchlist
BDIY:IND
297.00
Shipping officially became an expensive hobby, like yachting and Formula 1...
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Re: Tracking the DOW PLUNGE!!!
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Re: Tracking the DOW PLUNGE!!!
Another nice day. The problems that existed in 2008 are worse now, having festered under the surface and been fed nutrients for destruction. Hell is coming. Be courageous. Do not fear... unless you are a heathen or muslim. If you do not know God, i.e. His son Yahshuah and He does not know you personally, you have much to fear. Ugly days are here. It will be more than just a little stock market crash. Contagion of many sorts will be spreading.
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Re: Tracking the DOW PLUNGE!!!
European Bank Bloodbath Crashes Bond, Stock Markets
Source: Zero Hedge
Just as we warned, not only is it time to panic but the panic is 'contagion'-ing over into the sovereign risk market. European banks are in freefall, down over 4.3% broadly, crashing to 2012's "whatever it takes" lows. European bank risk has gone vertical... Today's spike is the largest since April 2010
http://www.zerohedge.com/sites/defau...Eubanks4_0.jpg
TBTF banks are all seeing credit risk explode - to 52-week highs and beyond...
http://www.zerohedge.com/sites/defau...Eubanks1_0.jpg
Slamming European bank stocks back to near "whatever it takes" lows...
http://www.zerohedge.com/sites/defau...Eubanks2_0.jpg
Dragging the entire European stock market down 24% from its highs to 16-month lows...
http://www.zerohedge.com/sites/defau...08_be500_0.jpg
And that risk is syetmically crushing peripheral sovereign bond markets...
http://www.zerohedge.com/sites/defau...Eubanks3_0.jpg
Time to panic? You betcha! All eyes are focused on the synthetic run on Deutsche Bank...
http://www.zerohedge.com/sites/defau...Eubanks5_0.jpg
So since Europe unleashed their "Bail-In" regulations, European banks have utterly imploded with Deustche most systemically affected as it seems more than one person is betting that Deutsche will be unable to raise enough capital and will be forced to haircut depositors on up in the capital structure.
Finally - for those desperate dip-buyers hoping for another move from Draghi - don't hold your breath... As Deutsche Bank itself warned, any more easing by The ECB or BOJ will only hurt banks (and certainly Deutsche). In other words, they are all officially trapped now.
http://www.zerohedge.com/sites/defau...jpg?1454938231
Share This Article...
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Re: Tracking the DOW PLUNGE!!!
i know jacksh-t about ta, but today the sp500 blasted through a price floor that the ppt has been defending for 2ish years
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Re: Tracking the DOW PLUNGE!!!
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Re: Tracking the DOW PLUNGE!!!
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Re: Tracking the DOW PLUNGE!!!
The Baltic Dry Index (replaces the Baltic Freight Index): A composite of the Baltic Capesize, Panamax, Handysize and Supramax indices. The index is designed as the successor to the Baltic Freight Index and was first published on January 4 1985 at 1000 points.Last day of trading yr - Christmas Eve Error: Could not add to watchlist. X
Baltic Dry Index
+ Watchlist
BDIY:IND
297.00
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Re: Tracking the DOW PLUNGE!!!
Dante would be proud; the Baltic Dry Shipping Index has now plunged through at least eight levels of hell on its way to record lows as it drops to 666 today. This is the lowest since Feb 2012's Chinese New Year lows and is a stunning 55 percentage points lower than the normal seasonal shift in the global aggregate trade indicator (and down 69% from its Oct 2011 swing high). Whether its over-supply, under-demand, or too many Chinese New Years, it is unarguably the next level of hell for the global economy - that will surely bring all the bottom-callers out as this time is different.
http://www.zerohedge.com/sites/defau...910_BDIY_0.png
and if you thought it was just the Baltic Dry... here are the Cape, Banamex, and Supramax Indices... noneof which receovered at all from the 2008/9 crush in global trade...
http://www.zerohedge.com/sites/defau...10_BDIY1_0.png
Source: DryShips
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Re: Tracking the DOW PLUNGE!!!
War and Economic Depression Molding Modern Times - Are You Prepared?
By Daily Bell Staff - February 08, 2016
Private military and security companies (PMSCs) have been exploiting conflict and instability in war-torn regions whilst making gargantuan profits for the least 15 years – and they've only increased in numbers ... Hundreds of new companies have been established in the last few years alone ... "The UK is an important hub for the PMSC industry. At the height of the occupation, around 60 British companies operated in Iraq. Now there are hundreds of British PMSCs operating in areas of conflict around the globe, working to secure government and corporate presence against a range of 'threats' ..." – SputnikNews
According to various reports, London is becoming the center of private militia activity. Mercenaries and weapons are flooding into a city that increasingly offers private military employment as well as involvement with black-market activities.
The implication is that the West's most powerful city is being put on a war footing by the private interests. The US is on a similar war footing, as sociopolitical messaging continues to emphasize the US wars abroad and the dangers of "terrorism" at home.
A recent article in Global Research, "The Super Bowl Promotes War. NFL to Publicly Display Love for Soldiers and Weaponry," reported the nation's most prominent events are used to showcase militarism and create public support for the nation's serial, unconstitutional wars.
Here, from the article:
And why shouldn't the military pay the football league to hype its heroism? It pays damn near everybody else. At $2.8 billion a year on recruiting some 240,000 "volunteers," that's roughly $11,600 per recruit.
The story of famous college quarterback Pat Tillman, as the article reminds us, is still posted on the NFL website ... "as the one NFL player who gave up a giant football contract to join the military."
In fact, Tillman had changed his mind about US foreign wars after serving abroad and made it clear he intended to speak out against the Afghan war when he returned to the States.
Tillman never returned home, however, as he was killed by friendly fire – three bullets to the forehead at short range.
Another Global Research article, "U.S. Now Overtly at War Against Russia," explains how the US is now directly targeting Russia.
General Jens Stoltenberg announced on February 2nd that he approves of US 'Defense' Secretary Ash Carter's proposal to quadruple US armaments and troops in Europe, against 'Russian aggression'.
The US, in post-Soviet, post-communist, Russia, has turned around and become the aggressor – against the now democratic nation of Russia ... We've switched roles. The US has turned to dictatorship, while Russia has turned to democracy. It's a super-switcheroo.
The author of the article, investigative historian Eric Zuesse, also writes, "The likelihood of a nuclear war has never been higher than it is now, except perhaps for the Cuban Missile Crisis, but the entire world was being informed about that then, and what about the situation now?"
Sputnik News reports that Turkey may invade Syria and mentions a further confrontation: "At the same time, Saudi Arabia has also expressed its willingness to send ground forces into Syria."
The Russian Defense Ministry, too, believes that Ankara may be planning an invasion after the breakdown of Syrian peace talks in Geneva. Russia is being blamed by the West, though Russia has not been the aggressor in any of the violence taking place around its borders.
The political leadership in both Turkey and Saudi Arabia is seen as weak and ineffective. Sustained and expanded conflict in Syria is one way that these regimes may seek to survive.
The article quotes Turkish journalist Erman Cete as saying, "I think to reach a political solution in Syria, Turkey and Saudi Arabia must be eliminated, because these two countries, right now, are preventing a peaceful solution in Syria."
This perception indicates that the war in Syria, far from being over, is going to expand and escalate. Inevitably, both the US and Russia will be drawn further into conflict.
Is all of this taking place merely by happenstance? The short answer is very obviously "no." The surge in militarism in the West and among Western allies is certainly tied to the continued and expanded Western economic crisis.
And the economic crisis has been created by the West's determination to build its economic and industrial might around a framework of monopoly central banking.
Zero-bound money printing has undermined Western solvency.
Citicorp recently released a report warning that four global economic forces were creating a "death spiral." These are: a strong dollar, weakening oil prices, diminishing trade and struggling emerging markets.
Each one reinforces the others and creates a further weakening. However, it is important to note that the depreciating price for oil, in particular, is a manufactured phenomenon, one that has been created in part to put economic pressure on Russia.
The forces now being arrayed on the world stage repeat a familiar pattern that we last saw early in the 20th century. Then, the establishment of the US Federal Reserve led first to the "Roaring '20s" and finally to a tremendous market crash and the Great Depression.
The Great Depression could have been cured if Roosevelt's "New Deal" had not distorted the economy and prolonged the underlying mechanisms of the Great Depression.
Likewise, today, central bank money printing has not allowed bankrupt facilities to collapse. As a result, healthier entities have been reluctant to do business and the larger economy has stalled. The Greater Recession has continued and deepened.
Central banks have reportedly printed something like US$250 trillion since 2008, and those in charge of this policy are well aware of its destructive effects.
And as happened during the Great Depression, military tensions are being cultivated to distract people from the ongoing economic disintegration.
This is the unholy duality of elite domination of Western sociopolitical and economic processes.
For those in a position to see how economic and military events are tied together, the answers should be obvious.
They have to do with ensuring one's self-reliance as much as possible. Purchases of precious metals, farmland and second homes in non-Western environments provide some surety that one may avoid the worst excesses of Western-centric militarism and economic destruction.
Various contrarian investment strategies may be employed as well. Importantly, one needs to accept that what is going on today is not simply going to cease.
The West and the world are not simply going to return to previous eras of peace and prosperity. Nor did they in the 1930s.
Conclusion: How bad are things going to get? If the example of the 20th century is any guide, we could see a continual deepening of militarism and economic dysfunction. With this in mind, one ought to be taking action now. There is no time to waste.
- See more at: http://www.thedailybell.com/news-ana....TuMCLE8M.dpuf
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Re: Tracking the DOW PLUNGE!!!
LOL, today on the news the anchorman mispronounced "Nasdaq" as "Nadsaq", and said that today the Nadsaq dropped... LOL!!
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Re: Tracking the DOW PLUNGE!!!
Baltic Dry Index + Watchlist
BDIY:IND
293.00
-
Re: Tracking the DOW PLUNGE!!!
Baltic Dry Index + Watchlist
BDIY:IND
291.00
2.00
0.68%
As of 7:58 AM EST on 2/10/2016.
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Re: Tracking the DOW PLUNGE!!!
INDU:IND
-0.08%
SPX:IND
-0.05%
CCMP:IND
-0.35%
10a11a12p1p2p3p4p
-1.00-0.500.000.501.00
04:10-0.08%
Europe, Middle East & Africa Stock Indexes
More
1D
1M
1Y
5Y
+
Indicators
Volume
SX5E:IND
2.63%
UKX:IND
0.92%
DAX:IND
2.16%
3a4a5a6a7a8a9a10a11a12p
0.001.002.003.00
08:352.63%
Asia Pacific Indexes
More
1D
1M
1Y
5Y
+
Indicators
Volume
NKY:IND
-2.31%
TPX:IND
-2.89%
HSI:IND
0.55%
68
-4.00-3.00-2.00-1.000.001.00
01:00-2.31%
Americas Stock Futures
DM1:IND
Dow Jones mini
|
Mar 2016 |
16,033.00 |
+74.00 |
15,952.00 |
16,120.00 |
15,865.00 |
8:40 AM |
|
ES1:IND
S&P 500 mini
|
Mar 2016 |
1,860.50 |
+12.25 |
1,850.00 |
1,872.00 |
1,838.50 |
8:40 AM |
|
NQ1:IND
NASDAQ 100 mini
|
Mar 2016 |
3,994.75 |
+50.50 |
3,954.50 |
4,014.00 |
3,922.25 |
8:40 AM |
|
IS1:IND
Mexican IPC
|
Mar 2016 |
42,485.00 |
-350.00 |
42,640.00 |
42,975.00 |
42,295.00 |
2/9/2016 |
|
SCT1:IND
S&P/TSX Composite
|
Mar 2016 |
12,250.00 |
-280.00 |
-- |
-- |
-- |
2/9/2016 |
|
Europe, Middle East & Africa Stock Futures
VG1:IND
Euro STOXX 50
|
Mar 2016 |
2,804.00 |
+60.00 |
2,745.00 |
2,822.00 |
2,730.00 |
8:35 AM |
|
Z 1:IND
FTSE 100
|
Mar 2016 |
5,605.00 |
+9.50 |
5,594.00 |
5,661.50 |
5,562.50 |
8:40 AM |
|
GX1:IND
DAX 30
|
Mar 2016 |
9,067.50 |
+161.00 |
8,910.50 |
9,116.00 |
8,868.00 |
8:35 AM |
|
CF1:IND
CAC 40
|
Feb 2016 |
4,083.50 |
+86.50 |
4,009.00 |
4,103.50 |
3,984.00 |
8:35 AM |
|
AJ1:IND
FTSE/Athens 20
|
Feb 2016 |
120.50 |
+1.75 |
119.75 |
123.00 |
118.75 |
8:33 AM |
|
Asia Pacific Stock Futures
KF1:IND
ASX 200
|
Mar 2016 |
4,710.00 |
-65.00 |
-- |
-- |
-- |
12:00 AM |
|
XP1:IND
S&P/ASX 200
|
Mar 2016 |
4,746.00 |
+36.00 |
4,714.00 |
4,773.00 |
4,711.00 |
8:40 AM |
|
IFB1:IND
CSI 300
|
Feb 2016 |
2,948.60 |
-20.20 |
2,969.60 |
2,975.20 |
2,934.00 |
2/5/2016 |
|
XU1:IND
FTSE China A50
|
Feb 2016 |
8,672.50 |
-77.50 |
8,760.00 |
8,767.50 |
8,670.00 |
2/6/2016 |
|
HI1:IND
Hang Seng
|
Feb 2016 |
-
Re: Tracking the DOW PLUNGE!!!
its going to be a up day ... free paper from the banks today
-
Re: Tracking the DOW PLUNGE!!!
-
Re: Tracking the DOW PLUNGE!!!
World Currencies
| Currencies vs. USD |
$1= |
% Change |
|---|
|
Canada Dollar |
1.3915 |
+0.2991% |
|
European Euro |
0.8874 |
+0.1952% |
|
United Kingdom Pound |
0.6888 |
-0.3475% |
|
Japan Yen |
113.7340 |
-1.1997% |
-
Re: Tracking the DOW PLUNGE!!!
earnings
Global currencies are crashing left and right.
Russia's ruble and Mexico's peso recently hit all-time lows against the dollar. The currencies of Colombia, Argentina and Brazil are all down 28% or more in the past 12 months. Turkey and South Africa have also fallen by double digits over that time.
Weak currencies are often a sign of an economic slowdown. China posted its worst growth last year in a quarter century, and Brazil is in its longest recession since the 1930s.
These huge currency shifts have also created opportunities and challenges.
When a currency falls, it makes a country's exports cheaper and more attractive to foreign buyers. At the same time imports get more expensive, which can entice locals to buy products made in their own country. Some countries and companies benefit, others lose.
At the same time, international travel from countries with higher valued currencies rise, while those from devalued currencies fall.
American travelers: Winner
Pack your bags: That vacation outside the U.S. is getting cheap. American travelers going to weak-currency countries, from Brazil to South Africa to Indonesia, are getting more for their dollar.
Through November, over 66 million Americans traveled outside the U.S., according to government statistics. That's up nearly 8% from the previous year.
Walmart, Target, Gap and other retailers: Winner
A strong dollar is good news for box stores like Walmart (WMT) and Target (TGT), fashion retailers like the Gap (GPS), and toy sellers like Toys 'R' Us. All do a lot of importing, which has become a lot cheaper.
Of course, Walmart has a lot of international stores. That means the value of sales from those overseas locations will be lower when converted to U.S. dollars. But overall, Walmart gains more than it loses from the strong dollar.
U.S. multinationals, manufacturers: Loser
Sales outside the U.S. make up most of the revenue at well-known American behemoths like Apple (AAPL, Tech30), IBM (IBM, Tech30) and Nike (NKE). A strong dollar makes sneakers, computers and iPhones more expensive to foreign buyers.
Apple estimates its sales in the current quarter will drop for the first time in 13 years. In recent weeks Johnson & Johnson (JNJ), Tiffany (TIF) and Ralph Lauren (RL) too cited the strong dollar as a headwind.
The dollar is hurting American factories even harder. U.S. manufacturing has slowed in recent months, leading to cuts in jobs and production.
http://i2.cdn.turner.com/money/dam/a...ws-780x439.jpg Mexico, South Korea, Taiwan: Winner
Countries that benefit from falling currencies have a few key characteristics:
1. They export lots of manufactured products -- as opposed to mostly commodities like oil.
2. They do not have high amounts of foreign debt or soaring inflation.
3. They are not politically unstable.
Mexico is one example. It stands to gain from the peso crashing to an all-time low. One peso is now worth about a nickel.
"We think that Mexico is probably one of the countries that is best positioned to benefit from devaluation," says Edward Glossop, emerging markets economist at Capital Economics, a research firm.
Mexico has a strong manufacturing sector compared to many developing countries. Manufacturers price their products in the local currency -- so if the peso weakens, Mexico's products look a lot more attractive to foreign buyers.
Other countries that broadly fall in this category are Taiwan, South Korea and Vietnam.
Turkey, Russia: Loser
A country's foreign debt is a big problem when its currency falls.
Look at Turkey -- its manufacturing sector is sizable compared to others in developing countries, but it owes lots of foreign debt.
Turkey's foreign debt load is equivalent to nearly half its economic size, compared to Mexico's 22%, according to auditor PwC.
If Turkey's currency falls further, all that foreign debt will be harder to pay back and the nation could risk defaulting on its debt.
Russia is similar in that it too has a lot of foreign debt.
For many of these countries, a devalued currency would help boost their exports. But they have to first get their own house in order and grow their economies. From Brazil to Turkey to Mexico -- there are pros and cons. However, this ongoing currency collapse is starting to separate some of the winners and losers
