AUG 24 16 SIT EC y POL
ZERO HEDGE
ECONOMICS
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“This is a more uncertain world, and we think
volatility will revert once again
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EVERYTHING
IS WONDERFUL.. the official story
Following yesterday's 7 standard deviation beat in New Home Sales, Existing Home Sales for July missed expectations by 2
standard deviations dropping 1.64% YoY - the first annual decline since Nov
2015. The blame for this collapse - according to NAR's Larry Yun - is
"frustratingly low inventory levels."
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BIG CORP THE BIGGEST SPECULATORS OF OUR TIME
A problem has emerged if
Congress plans to follow the usual script and call Bresch
to Capitol Hill next month to explain her
company’s justification for raising the price on the life-saving allergy shot.
As Bloomberg
writes this morning, that could be awkward, since
she’s the daughter of Democratic Senator Joe Manchin of West Virginia.
Related : JUST ELECTORAL CYNICISM
Moments ago Hillary Clinton
joined the fray against Mylan, calling on the company to voluntarily drop the
price of EpiPen, which has increased in price by 400 percent in the past decade. "That's outrageous - and it's just the latest
troubling example of a company taking advantage of its consumers,"
Clinton said in a statement. "It's wrong when drug
companies put profits ahead of patients, raising prices without justifying the
value behind them."
[ Wrong? .. Isn’t wrong to receive donations from the
PHARMA & PFIZER? ]
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Baby Boomers are on the precipice of transitioning into retirement.
With trillions of dollars of underfunded liabilities
promised to help smooth their transition their declining incomes are likely the
least of our worries.
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TO SAVE THE MARKETS or THE CROOK
OLIGARCHY?
Makes perfect sense -
someone just decided in keeping with their fiduciary duty, 0840ET was the perfect time to unleash $1.5 billion of gold notional
into the futures markets....
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"it's probably nothing..."
RELATED:
The 4 largest oil companies have
doubled their net debt positions in just over a year leaving some investors to question whether dividends are sustainable.
ANOTHER
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Investors have pulled more than
$109 billion from active US equity funds YTD. The
reason why is simple: only 33% of fundamental
funds and 26% of quantitative funds are outperforming their benchmarks.
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Many people have written about poor countries that have fallen apart.
But rich nations fall apart, too. In fact, nations are just as likely to unravel after periods of
prosperity as after periods of depression. The 2016 presidential campaign appears so bitter precisely
because so many Americans
worry that the “other” party’s candidate will annihilate the nation.
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WE DON’T NEED WAR TO SET UP A GOLD STANDARD
“...the
only way gold loses is if normal business and private sector cycles come back.
If that is the case, gold goes back $100 per ounce. The
other outcomes: deflation, stagflation, hyperinflation are all good for gold.” As for a return to a gold standard, Shvets has
more bad news: “Gold standards come back after
the war, not before the war.”
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POLITICS
THE BIGGEST SECURITY THREAT OF OUR TIME .. HIDDEN
The US Army said Wednesday it was a mistake for a local unit
to identify Hillary Clinton as a
potential threat during a training presentation and has halted the
practice. "We have confirmed that the
slide was developed 18 months ago and used locally as a part of a training
presentation on best practices for handling classified material and maintaining
operational security."
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NUKE WAR?? WE HAVE TO
LIVE FROM ALL NATO BARRACKS WORLDWIDE TOO
It's been a busy 24 hours for John
Kerry. Between fending off requests for Hillary's emails, palling it up with
Erdogan, and dealing with Afghanistan fallout, The
Department of State has just issued a travel alert
warning U.S. citizens against all travel to the Gaza Strip and urges those
present to depart as soon as possible when border crossings are open. The announcement follows an escalation between
Palestinian militants and the Israeli military over the weekend.
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OUT FROM AFGHANISTAN TOO ..
bye bye pp business
Update: US Embassy warns "US citizens currently in Afghanistan may wish to
consider departing."
Gunmen have stormed American University of Afghanistan in Kabul
on Wednesday night as witnesses said they heard gunfire and explosions ringing
out. According
to media reports, the attackers have infiltrated the educational institution.
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IN BRASIL OLYMPICS WE BLAME RU OF OUR FAULT
"Each
participant was given 200 milligrams of mescaline – the equivalent of 100
micrograms of LSD – and left to listen to classical music with their
eyes closed for a couple of hours while the drug kicked in. Then, they were let
loose on their problems. The results were startling.
There were breakthroughs or partial solutions to 40 out of the 44 problems the
volunteers were collectively grappling with."
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THE DOLLAR BURNED
Abuse.
Deceit. Extortion. Not exactly great ways to win friends and influence people.
It’s as if Barack Obama pulled together the smartest guys he could find to
make a list of all the ways the US government would have to screw up in order
to lose its enormous financial privilege… and then
he went out and did ALL of them.
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HILLARY WE LOVE YOU “TO DEATH”
Emails released by Wikileaks show
that Hillary Clinton looked into a drug used to
treat sleepiness and Parkinson’s disease after
she apparently began suffering from “decision
fatigue” back in 2011.
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ONE MORE LOVER OF HILLARY .. his argument stand to reason
"It
is now clear that the Clinton Foundation is the most corrupt enterprise in
political history," Trump
said in a statement, slamming Hillary Clinton. "We've now learned that a majority of
the non-government people she met with as secretary of state gave money to the
corrupt Clinton Foundation. ... It was wrong then, and it is wrong now -- and
the foundation must be shut down immediately."
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WAR IS A WASTE OF US MONEY
Study finds
that U.S. military has supplied 1.5mm small arms to Iraqi and Afghani
soldiers since the 9/11 attacks...the only problem
is that 100,000s of them seem to be "missing."
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ME & WORLD ISSUES
ALL NATO STATES ARE AFRAID OF THEIR OWN NATION & WARS
THEY PROFIT
One day after Merkel government was
considering "bringing back nationwide conscription in times of
crisis", such as situations in which the country needs to "defend
NATO’s external borders", strongly hinting at the possibility of a future
war, which followed this weekend's shocking announcement that
Germans should prepare to stockpile
several days of food and water "in case of an attack of catastrophe",
today Germany
debates putting troops on streets to protect against ISIS.
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COLLATERAL DAMAGE = WAR CRIME
"...what appeared to be a non-military vehicle drove into the
target area after the weapon was released from the aircraft. The vehicle's occupants may have
perished as a result of the strike..."
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In the end, globalism is doomed to
crash in a ball of flames, but not before the globalists attempt to take
everyone else down with them. It would behoove us to
start constructing our tribes now, rather than after the situation has become
grim in the absolute. Through localized production, alternative trade
models, local organization for mutual aid and defense, and the principles of
liberty, America could become a network of tribes
within a tribe; a self reliant system built around redundancy rather than
interdependency.
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Despite the exuberant rebound in
the price of oil - and the hope that this means something other than an
over-financialized commodity being short-squeezed by rumors - all is not
well across the oil producers of the world. Having noted the record
surge in default protection for Saudi Arabia (ahead of its looming debt
deal), we note that National Commercial Bank's stock price has collapsed to
record lows. This is Saudi Arabia's largest bank,
and is often used as a proxy for the royal family's wealth...
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Four vessels belonging to the Islamic Revolutionary Guard Corps "harassed" a
U.S. destroyer on Tuesday by carrying out a "high speed intercept"
in the vicinity of the Strait of Hormuz, a U.S. Defense official said on
Wednesday.
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Is it true that “With these allies we don’t need enemies” or
just false flags of war?
Syria's Foreign Ministry, which has the backing
of Russia and as of last week, China,
condemned Turkey's military incursion against an Islamic State-held
Syrian town near its border, aided by aircraft from a
U.S.-led coalition, as a breach
of its sovereignty.
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Voices under the
rubble' after quake hits Italy; at least 38 dead (Reuters)
Turkish tanks,
special forces launch first major push into Syria to battle IS (Reuters)
A Year After Stocks
Armageddon, It’s Smooth Sailing for Markets (BBG)
Global stocks ease,
dollar holds ground as U.S. rate bets abound (Reuters)
Merkel Tells Renzi He
Can’t Bend Euro Rules to Boost Growth (BBG)
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DEMOCRACY NOW
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GLOBAL RESEARCH
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Pentagon’s
Syrian “Democratic Forces” Allow Islamic State Terrorists to Flee to Turkey
By Kurt Nimmo
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Trump
vs. Hillary: “If Hillary gets into the Oval Office, I Predict Nuclear War
before her First term is Over” By Dr. Paul Craig
Roberts
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The
Dangerous Temper Tantrums of US War Hawks. Make Russia and Iran “Pay a Price”
for Fighting Terrorism in Syria By Steven MacMillan
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THE REAL NEWS NETWORK
ISIS is likely to
retaliate with terrorist attacks in Turkey, says Trent University professor
Baris Karaagac
As Congress calls for
an investigation into the price hikes of EpiPen, Jean Ross of National Nurses
United says only a single-payer healthcare system will reign in corporate greed
that puts lives at risk
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INFORMATION CLEARING HOUSE
A Thousand Balls of Flame By Dmitry Orlov
“Russia is ready to respond to any provocation, but the last
thing the Russians want is another war. ”
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On Wednesday morning, Turkey abruptly launched an all-out
military assault on Syria, sending in tanks, troops, and engaging in
airstrikes.
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Beijing and Damascus, have just agreed on closer military
ties on top of Chinese humanitarian aid.
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Israeli
Think Tank: Don’t Destroy ISIS It’s a
“Useful Tool” Against Iran, Hezbollah, Syria By Ben Norton
“Stability is not a value in and of itself. It is desirable
only if it serves our interests.”
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Man who "ran the CIA" offers an entirely new
perspective.
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Thugs and war criminals take on the mantel of literary
critics to attack Palestine’s national poet and ascribe to him their own
internalized fascist values.
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The German Bundeswehr (army) has declared Russia as an enemy
nation. This is akin to a declaration of war.
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COUNTER PUNCH
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Jack Rasmus Greek
Debt and the New Financial Imperialism
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Abubakar N. Kasim What
Did the Olympics Really Do for Humanity?
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RT SHOWS
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WASHINGTON BLOG
It’s interesting to take a
longer-term view of the S&P 500 (SPX). Looking at a 10-year chart, the
decline from almost 1,600 to 667 in the Global Financial Meltdown of 2007-2009
doesn’t look like that big a deal, given the incredible 6-year uptrend since
March 2009.
The boost phase of the rally
lasted over 2 years, from 3/09 to 6/11, when the Greek debt crisis
caused a temporary swoon in global markets.
Once central banks rescued markets (again), the rally
resumed, but beneath the trend line.
This rally ran out of steam in
early 2015. The marginal new highs in
May 2015 and July-August 2016 are not even visible on this chart.
What is visible is a giant
megaphone pattern that targets the old all-time high from 2007 around 1,600. A 600-point drop from 2,200 to 1,600 is of course
“impossible” due to the Yellen/Kuroda/Draghi Put, i.e. central banks will buy
“whatever it takes” to keep markets elevated forever.
Despite the visible “impossibility” of the SPX ever
declining 600 points, that’s what the pattern targets.
Even the casual observer is struck by the market’s wild
yo-yo’ing since early 2015–rather than trace out a definable uptrend, it’s been
a chopfest of dizzying declines and furious rallies.
This is not characteristic of a
powerful Bull market. Rather, it is evidence of a Bull market
faltering, eroding and being saved by increasingly outsized and visibly
desperate central bank interventions.
⇒ Keep Reading
⇒ Keep Reading
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NOTICIAS IN SPANISH
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Todas las americanas “lindas” son
“tontas”? y las feas son horribles?
Distopia feminista mesclada con
xenofobia? Modificado exprofeso
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Los ecologistas comeflores,
¿mafiosos new age? LaDanta Lascanta
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Lo mas destestable es el negocio de
las guerras y peor la que se viene
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Para que no se apague la voz de los que no
tenían voz Ana Hernandez
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Los ciclos políticos del Dólar paralelo en
Venezuela
Pasqualina Curcio
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La política como arte estratégico Daniel Bensaïd
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PRESS TV
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