MAY 18 16 SIT EC y POL
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ENJOY YOUR LAST DAYS OF IMPUNITY Mrs. CLINTON
We hope Judges &
Law enforcement authorities will do their job
Be sure .. We will do
our Job in pacific and democratic way, if they fail.
….
….
ZEROHEDGE
ECONOMICS
16 Months
& Counting.... Submitted
by Tyler Durden on 05/18/2016 : These
are not normal times; treating them as such will likely turn out to
be a grave error...
The following graph
of CSI is an updated version of the one we originally published in November 17,
2015. Red lines show optimistic forecasts by economists and green lines
pessimistic ones. The red line effectively denotes periods where subsequent
data was worse than expected and the green line where subsequent data was
better than expected. The numbers below some of the optimistic periods correspond
to the number of business days that CSI was consecutively negative.
One may notice that
the most recent data, circled above, does not look similar to the more common
up and down intervals seen over the rest of the time series. In light of this,
here are two factors worthy of your consideration:
1: The CSI has been negative
for 328 of the last 332 business days, or 1.3 years. The current period is
almost triple that of the longest stretch of negative readings since the index
was first published in 2003. Typically the CSI rebounds into positive territory
fairly quickly once a trough is reached, making the recent behavior
inconsistent and concerning as compared with prior experiences.
2: During this recent string
of negative numbers the CSI has averaged almost -30, implying that economists
are not just slightly off the mark. The consensus of professional
forecasters are consistently badly missing the mark by overestimating the
strength of the economy.
Peddling
Facts
We have no
political agenda and no reason to peddle fiction. Unfettered by our business
model we are able to tell you exactly what we think. It doesn’t necessarily
mean we will be more accurate, but it does mean we are a voice of reason and
one that should be seriously considered when the so called “smart money”
is not so smart.
These are not normal times; treating them as such will likely
turn out to be a grave error
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Undeniable Evidence That The Real Economy Is
Already In Recession. Submitted
by Tyler
Durden on 05/18/2016 : Peddling
some facts... "This is no longer statistical “noise” that can easily
be brushed off.". .. By Michael Snyder via The Economic Collapse
blog,
The reality is
that we have now seen the Cass Shipping Index decline on a year over year basis
for 14 consecutive months. Here is more commentary and a chart from Wolf
Richter…
Hundreds of rail
workers are being laid off, and engines are just sitting idle on the tracks
because there is literally nothing for them to do…
Intuitively,
does it seem like this should be happening in a “healthy” economy? .. Of course not.
The inventory to sales ratio is now close to the level it was at during the worst moments of the last recession, and many
analysts expect it to continue to keep going up.
Why can’t people understand what is happening?
So far this year, job cut announcements are up 24 percent and the number of
commercial bankruptcies is shooting through the roof.
Signs that we are in the early chapters of a new economic downturn are all
around us, and yet denial is everywhere.
Treasury yields are behaving as if they are
signaling a recession, but strategists say this time it’s more likely a sign of
something else.
Treasury yields
are very, very clearly telling us that a new recession is here, but because the
“experts” don’t want to believe it they are telling us that the signal is
“broken”.
For many
Americans, all that seems to matter is that the stock market has recovered from
the horrible crashes last August and earlier this year. But in the end, I
am convinced that those crashes will simply be regarded as “foreshocks” of a
much greater crash in our not too distant future.
I
always tell them that it is already here.
Just like in
early 2008, economic conditions are rapidly deteriorating, but the stock market
has not gotten the memo quite yet.
And just like in 2008, when the financial markets do
finally start catching up with reality it will likely happen very quickly.
So don’t take
your eyes off of the deteriorating economic fundamentals, because it is
inevitable that the financial markets will follow eventually.
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WTF
Chart Of The Day: 'Broken Markets' Edition. Submitted by Tyler Durden on
05/18/2016
Presented with
no comment... ok one word - "seriously!"
Because
there's only one way to stop markets falling... stop people trading!!
2 NYSE
"glitches" and 2 US equity market ramps...
Pure
coincidence we are sure.
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Are
Property Taxes A "Wealth Tax" On The (Mostly) Non-Wealthy? Submitted by Tyler Durden on 05/18/2016 : As
pensions dry up and blow away under the relentless erosion of the Federal
Reserve's zero-interest rate policy (ZIRP), unaffordable
property taxes may well start evicting homeowners from the "asset"
they mistakenly thought they "owned." If your Social Security pension can barely pay your property
tax, never mind your Medicare, healthcare costs, food and other living
expenses, then what exactly do you own? If politicos
and tax authorities think people will passively watch their neighbors lose
their homes to sky-high property taxes, they will soon discover their mistake.
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Target Crashes To 2016 Lows After Missing
Top Line, Slashing Guidance. S- by Tyler Durden on 05/18/16
: How is this possible? The
government just told us that retail sales jumped the most in years? [Consumerist habits
are falling down in America: case in point Target. Time to save USD.]
Target
is out with its earnings despite beating bottom line, it missed
top-line and took an ax to Q2 guidance...
See image at: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/05/17/20160518_TGT_0.jpg
& http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/05/12/20160513_retsales2.jpg
Beyond losses
related to the early debt retirement, Target is not currently aware of any
other material discrete items. .. And
the result - Target is down almost 10% in the pre-market...
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Submitted by Tyler Durden on 05/18/2016 - 07:38
- Stocks sag as U.S. rate rise expectations revive (Reuters)
- Clinton, Sanders hit final stretch of nominating contest (Reuters)
- Bernie Sanders Wins in Oregon, But He Needed Kentucky, Too (NBC)
- Clinton less than 100 delegates from nomination (The Hill)
- Trump needs 66 delegates to officially clinch nomination (The Hill)
- Japan GDP Rebound Not Enough to Stave Off Stimulus (WSJ)
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Copper
Slides To Three Month Low Despite Flat Futures, Oil; Dollar Rise Continues. Submitted
by Tyler Durden
on 05/18/2016 [ To higher USD the higher trade misbalance: less
chances to export.]
After two violently
volatile days in which the market soared (Monday) then promptly retraced all
gains (Tuesday), the overnight session has been relatively calm with futures
and oil both unchanged even as the BBG dollar index rose to the highest level
since April 4.
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Ex-Google
Engineers Launch "Otto": Completely Driverless Truck Testing Underway. Submitted by Tyler
Durden on 05/18/2016 [ Subsidized
polluter? .. I do like State support to Tesla “new Tech”.]
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POLITICS
Trump
Gains Ground On Hillary As Democratic Infighting Takes Its Toll.. Submitted
by Tyler Durden
on 05/18/2016 : While all Hillary wants to do (aside
from staying out of jail) is rid herself of Bernie Sanders so the campaign
can turn its attention to Trump, Sanders doesn't appear to be ready for any
of that just yet. According to The
Hill, Sanders released a statement Tuesday in response to criticism of his
supporters' behavior in Nevada calling the charges "nonsense", adding
that the party either needs to embrace "people who are prepared to
fight for real economic and social change, or choose to maintain its status quo
structure and remain dependent on big-money campaign contributions."
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ME & WORLD ISSUES
US
Senate Passes Legislation Allowing 9/11 Victims To Sue Saudi Arabia As
'28-Pages' Leaks Appear. Submitted by Tyler Durden on 05/18/2016
On Tuesday, the US Senate passed the Justice Against
Sponsors of Terrorism Act. 'Coincidentally', on the same day, the New York
Times revealed a document published by the National Archives that appears to
offer a glimpse into potentially damning information contained in the so-called
‘missing’ 28 pages concerning the attacks on September 11, 2001. Pushing
back on the criticisms that the bill was only passed to specifically target
Saudi Arabia (which it was of course), Schumer stated "Look, if the
Saudis did not participate in this terrorism, they have nothing to fear about
going to court."
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Crude
Dumps, Pumps, & Slumps As Unexpected Inventory Build Offsets Production Cut. Submitted by Tyler
Durden on 05/18/2016 : Crude production also fell once again, to
its lowest since Sept 2014. The initial kneejerk was a mini-flash-crash in
crude prices.. but that was rapidly bid back to unch...
[ Si comparamos este dato con el de arriba.. alguien podrÃa
creer que el Imperio controla a los Saudis con chantajes y extorciones .. digo
alquien .. y no me incluyo .. yo soy de los que “ciegamente creen” en las
santÃsimas leyes de la oferta y la demanda y otras del mercado capitalista.
Y creo asi,
porque de los ciegos es y será siempre el reino de los cielos. ]
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Update: with every index solidly in the
green, and the selling halted, the market can be restored: NYSE - TECHNICAL
ISSUE RESOLVED
After yesterday's plunge was unable to be stopped by a late
day VIX slam; and this morning pre-open puke, there was only one thing left to
do to stall the weakness...Break The Market!
[ I like the updates ..
they create “normality” y los up & dawns from the economic rolling coaster disappear
.. the crisis vanishes and everything became beautiful .. as Yellen & Obama
said. ]
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GLOBAL RESEARCH
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INFORMATION CLEARING HOUSE
Regime Change in Latin America: Why Russia is
Concerned?. By Dmitry Babich
How far will Russia go in its support for independence of Latin
American countries?
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While the US is the major imperial power, it does not
dominate some leading global political-economic and military powers, like
Russia and China
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The EU will find itself at the mercy of a populist uprising,
which is already stirring.
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To a distant observer this looks like the end game;
hopefully not the end game for the world as we know it, but for the western
tyrant.
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RT SHOWS
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Redacted Tonight. Death
of 2-Party System, Hillary paying trolls, legalization of stealing by homeless
& more . . Lee Camp
declares the DEATH of the two-party system’s stranglehold on American politics.
Then he gets into it about how the mainstream media isn’t covering the biggest
workers’ strike in...
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WASHINGTON BLOG
Obama
Has Been At War Longer Than Any Other President In History. Posted on May 17, 2016 by WashingtonsBlog
. Bush
was a horrible president. At the time, I thought he was the worst
president in American history.
But Obama has made a lot of firsts himself …
For example, Obama:
- Has prosecuted more whistleblowers than all other presidents combined
- Sentenced whistleblowers to 31 times the jail time of all prior u.s. presidents combined
- Prosecuted fewer financial crimes than President Reagan, Clinton or either of the Bush presidents. (As bad as the Bush administration was, they at least prosecuted the heads of Enron, Worldcom and some other white collar crooks. In contrast, Obama hasn’t prosecuted even one high-level Wall Street executive.)
- Is the most secretive president ever
- Is more hostile to the press than any president in history
- Claims the power to strip Americans’ liberty in a way that no other president has ever tried to claim … and that even King George of England didn’t claim. Indeed, Obama has rolled back some of our liberties to the time of the enactment of the Magna Carta in 1215
- Has turned America into the most spied upon nation in world history (and see this and this)
- Has arguably centralized power more than any other president
- Has granted less pardons than any president since Garfield, who served only 200 days as president before being assassinated in 1881
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There is this growing
misconception out there that if you “have a job” that you must be doing
okay. Unfortunately for the growing number of “working poor” in America,
that is not true at all. Just consider the case of 55-year-old Erlinda
Delacruz. At one time she had a good full-time manufacturing job, but
then her factory closed down. Millions of other Americans have also seen
their good paying jobs sent out of the country in recent years, and yet our
politicians refuse to do anything about it. Today, she works 60
hours a week at three different part-time jobs and she still makes less
than she once did at the manufacturing plant…
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NOTICIAS IN SPANISH
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¿Por qué caen los gobiernos de izquierda en
Latinoamérica?.
Marcelo Colussi
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Keiser
report . Revolución en EE.UU., ¿a punto de
estallar?
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PRESS TV
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Russia planes deliver aid to Syrian city finally they return
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