SET 6 16 SIT EC
y POL
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Bureaucrats of LAW can delay.. but the Nation is deciding not
to vote her
How many plumes of smoke must
be pointed out before an official fire is declared?
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ZERO HEDGE
ECONOMICS
Normally,
we would say "it's probably nothing" -
after all central banks "got this", only in
this case it isn't.
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...you will never see the world the same way
again...
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"It's the trade,
stupid..."
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After
having dropped all day following the latest set of poor US data making a
September rate hike virtually impossible, moments ago the USDJPY snapped lower
by nearly 80 pips. Among the reasons cited for the steep drop on
trading desks, is that according to a Sankei article published just over an
hour ago, BOJ board members are struggling to reach a
consensus position on comprehensive policy review.
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The long-running tragic saga of ITT Education Services, which was
established nearly 50 ago and operates the ITT Technical Institutes for-profit
college chain, finally came to a end this morning with both a bang and a
whimper, when it announced that it is shutting down effective immediately, leaving the fate of 40,000 students currently enrolled in
limbo, and some 8,000 workers without a job.
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Truck-related
stocks have massively outperformed the
broader markets this year up over 30% while the S&P 500 is up only around
7%. This outperformance has come despite
abysmal Class 8 net orders which seem to just get worse each month with
August 2016 net orders down over 25% compared to last year. In fact, the level
of trailing 12-month net orders is the lowest since
January 2011 with YoY changes now in negative territory for 18 consecutive
months.
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What was most striking in the latest Triennial
BIS survey, was the shrinkage in FX trading by hedge funds and proprietary
trading firms which fell by more than 30% over the past three years. The
shrinkage in the share of FX trading by these investors is likely the result of
regulatory pressures and FX rigging investigations which caused significant
retrenchment by FX prop desks.
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"We are raising our 12-month price targets
for the S&P 500 – base case from 2200 to 2300, bear case from 1600 to 1800,
and our bull case from 2400 to 2500... For the bull case, we are leaving
our EPS essentially unchanged, moving the out year from $137.1 down to $136.5, but raising our bull case multiple
from 18x to 19x, yielding our new 2500 bull case forecast."
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Government
subsidized technology is developed and Musk cashed in. Then cashed out. Then left stock holders holding the bag. It's like the Simpsons monorail
episode...
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POLITICS
How many plumes of smoke must
be pointed out before an official fire is declared?
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WHOSE REPUTATION DAMAGE?.. HC? ..
no way.. she has not re-puta-tion at all
As of
this moment, Goldman's partners are "prohibited from engaging in political
activities and/or making campaign contributions to candidates running
for state and local offices, as well as sitting state and local officials
running for federal office", and specifically donating
to the Donald Trump campaign, in order to "minimize potential reputational
damage."
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ELECTION TIME is coming and some
people is still betting the wrong horse
"What we shall witness will be the equivalent of watching a well-trained racehorse running down the track and
suddenly, each of his legs panics and decides to do something different.
The lack of coordination with this sudden development assures one thing only
– that Crazylegs is going to go down hard. You
won’t want to be riding this horse when the time comes; you’ll want to already
be out of the racing business."
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Hard Qt.. Don’t answer LIER or
DISHONESTY… she is beyond that
One of the more disturbing
revelations from this year’s U.S. presidential election, has been Hillary
Clinton’s compulsive propensity to hide all sorts of things from the American
public. While we appreciate one’s
right to privacy as much as the next person, if you want to run for
President of these United States, transparency and
engagement with the public should be a top priority and requirement.
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How
stupid do they think the American people are?
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THE ILLNESS of HILLARY CLINTON
Hillary Clinton said this morning that she was not distracted by
"conspiracy theories" about her ill health, and that attacks were
not rooted in fact, but it appears the Clinton campaign's propaganda arm is in full
swing as the mainstream media attempts
to dismiss any health concerns by claiming that pollen counts were high in
the area in which she spoke. The only
problem with this is, in fact, pollen counts
were low to moderate in Northeast Ohio (and what about the previous 10 coughing fits?)
[[ Coughing is the lesser evil illness she has… the worse are fraud,
dishonesty & money’ gluttony ]]
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"Journalists
spend weeks trying to discredit questions about Mrs. Clinton’s health, and then
it turns out Mrs. Clinton raised questions about her own health as an excuse
for the FBI. That doesn’t
exactly enhance the debunkers’ credibility..."
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Hillary used an Illinois rally
over the weekend to continue to stoke fears that Russia may be looking to rig the November
elections. Her comments came just after intelligence officials confirmed to the
Washington Post that they have no "definitive proof" of such efforts
by the Russians.
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The Big Lies that pervade the U.S. ‘news’ media are the ones that are essential to sustain in order for the
deceived American public to accept the fraudulent basis upon which the U.S.
regime of Barack Obama has ‘justified’ his economic
sanctions against Russia, and his pouring
of U.S. troops and weapons onto and near Russia’s borders...
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ME & WORLD ISSUES
The neoliberal collapse is
ultra-clear .. nobody can expect something else
Today
was another historic day in the monetary twilight zone that is Europe,
when two large European, non-financial companies were the
first in history to be paid by investors to borrow, courtesy of the ECB's corporate debt monetization program,
which has unleashed an unprecedented scramble for frontrunning the central
bank's purchases of corporate debt and a historic
collapse in bond spreads.
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What a mess! In the crazy Syrian war, US-backed and armed groups are fighting other US-backed rebel groups. How can this
be?
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China is
bothering energy analysts and investors. It’s bothering them because it has been on a
buying spree for crude in the last two years but nobody knows for sure how much of it the world’s
second-largest consumer of oil has stashed away
in strategic and commercial tanks.
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- G20 a success for China, but hard issues kicked down the road (Reuters)
- Apple’s New iPhones Arrive, as Glow Fades (WSJ)
- Philippines scrambles to soothe tensions after insult to Obama (Reuters)
- CNN: Nine weeks out, a near even race (CNN)
- More Records Releases Loom for Hillary Clinton (WSJ)
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DEMOCRACY NOW
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Canine
Expert Decries "Egregious" & "Horrific" Dog Attacks on
Native Americans Defending Burial Site
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GLOBAL RESEARCH
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Wall
Street Bank Fraud: Database Reveals U.S. as “Financial House of Horrors” By Pam Martens and
Russ Martens
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Good
News for the People of Europe: The Transatlantic Trade and Investment
Partnership (TTIP) Is Dead. Negotiations have Failed. By Peter Koenig,
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Obama
Threatens to Wage A Cyber War against Russia. Accuses Moscow of Intervening in
US Elections. “Russian Hackers invading America’s Cyberspace” By Sputnik,
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THE REAL NEWS NETWORK
In the midst of a 5
year drought, a new lawsuit is aiming to force the state and EPA to do
environmental assessments about potential threats to drinking water from
fracking waste
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Communities of color
are also bearing burden from toxic facilities in large part without receiving
the employment benefits, says Michael Ash of the Political Economy Research
Institute at UMass Amherst
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This strike is fight
against the Modi government's labor laws and a fight for the rights of informal
sector workers to create trade unions and have them recognized within Indian
labor law, says Vijay Prashad
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COUNTER PUNCH
Gary Leupp The
US Election: an Exercise in Mendacity
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Pepe Escobar Made
in China: G20 and its Geoeconomic Significance
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Peter Bradford Subsidizing
Nuclear Power: From Cradle to Grave
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David Anderson Disaster
in Detroit: Fear of a Black City
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RT SHOWS and SPUTNIK
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Worlds Apart Unfit
for purpose?
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CrossTalk Bullhorns
revolt
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US Threatens to Isolate Moscow Alongside Damascus Over
Russian Support for Assad https://sputniknews.com/world/20160906/1045016148/assad-russia-syria-us.html
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Syrian War: 'Nothing to Do With Daesh, It is Energy Battle
for Future Pipelines' https://sputniknews.com/middleeast/20160906/1045022877/syria-war-pipelines-control.html
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Turkey is 'Pulling US' Chestnuts Out of the Fire in Syria' https://sputniknews.com/politics/20160902/1044902731/turkey-us-syria.html
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WASHINGTON BLOG
Posted on September 6, 2016 by WashingtonsBlog
By Michael Snyder, the Economic Collapse Blog.
Do you remember the subprime mortgage meltdown from the last
financial crisis? Well, this time around we are facing a subprime auto
loan meltdown. … The size
of this market is larger than you may imagine. Earlier this year, the
auto loan bubble surpassed the one trillion dollar mark for the first time ever…
Americans are borrowing more than ever for new and used
vehicles, and 30- and 60-day delinquency rates rose in the second quarter,
according to the automotive arm of one of the nation’s largest credit bureaus.
The total balance of all outstanding auto loans reached $1.027 trillion between April 1 and
June 30, the second consecutive quarter that it surpassed the
$1-trillion mark, reports Experian Automotive.
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Posted on September 6, 2016 by DavidSwanson
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NOTICIAS IN SPANISH
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América Latina y el Caribe en la
crisis económica mundial O Caputo y
G Galarce
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Brasil, la razón y la historia José Natanson
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Por qué el golpe en Brasil? Guillermo Almeyra
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El modelo de malestar de la economÃa
chilena LucÃa
Converti
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PRESS TV
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Most American detest
u & won’t vote u Hillary
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