Feb 122016
 
 February 12, 2016  Posted by at 7:07 pm Finance Tagged with: , , , , , , , ,  1 Response »
Is This Debt's Last Rattle?

What we see happening today is why we called our news overview the “Debt Rattle” 8 years ago. The last gasps of a broken system ravished by the very much cancer-like progress of debt. Yes, it took longer than it should have, and than we thought. But that’s pretty much irrelevant, unless you were trying to get rich off of the downfall of your own world. Always a noble goal. There’s one reason for the delay only: central bank hubris.

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Feb 122016
 
 February 12, 2016  Posted by at 10:01 am Finance Tagged with: , , , , , , , , ,  1 Response »
Debt Rattle February 12 2016

• Japanese Stock Market Plunges 5% As Global Rout Gathers Pace (Guardian) • Asian Shares Slip As Bank Fears Add To Global Gloom (Reuters) • Global Assault on Banks Intensifies as Investors Punish Weakness (BBG) • Emerging Stocks Rout Deepens on Risk Aversion as Currencies Drop (BBG) • Yuan Declines Most in Two Weeks as Global Selloff Saps Sentiment (BBG) • Asia’s Rich Advised to Buy Yen as BOJ’s Negative Rates Backfire (BBG) • Who Stole The Yen Carry Trade?

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Feb 112016
 
 February 11, 2016  Posted by at 9:56 am Finance Tagged with: , , , , , , , ,  2 Responses »
Debt Rattle February 11 2016

• Europe Stocks Head for Worst Drop Since August as SocGen Plunges (BBG) • Hong Kong Stocks Fall 4% in Worst Start to Lunar New Year Since ’94 (BBG) • Yellen: Not Sure We Can -Legally- Do Negative Rate (CNBC) • How Low Can Central Banks Go? JPMorgan Reckons Way, Way Lower (BBG) • Kyle Bass Says China Bank Losses May Top 400% of Subprime Crisis (BBG) • Bass: China Banks May Lose 5 Times US Banks’ Subprime Losses (CNBC)

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Feb 102016
 
 February 10, 2016  Posted by at 10:20 am Finance Tagged with: , , , , , , , , , ,  12 Responses »
Debt Rattle February 10 2016

• Europe’s Dead Cats Bounce, Deutsche Up 10% (BBG) • Surging Credit Risk for Banks a Major Issue in European Markets (WSJ) • Banks Eye More Cost Cuts Amid Global Growth Concerns (Reuters) • Europe Banks May Face $27 Billion Energy-Loan Losses (BBG) • European Banks: Oil, Commodity Exposure As High As 160% Of Tangible Book (ZH) • Europe’s ‘Doom-Loop’ Returns As Credit Markets Seize Up (AEP) • Options Bears Circle Nasdaq (BBG) • Deutsche Bank’s Big Unknowns (BBG) •

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Feb 092016
 
 February 9, 2016  Posted by at 9:53 am Finance Tagged with: , , , , , , , , , ,  10 Responses »
Debt Rattle February 9 2016

• ‘Panic Situation’ As Asia Stocks Tumble Amid Fears Of New Global Recession (G.) • Global Bond Rally Near ‘Panic’ Level With Japan Yield Below Zero (BBG) • Japan’s 10-Year Yield Falls Below Zero for the First Time (BBG) • US Bank Stocks And Bonds Clobbered By Recession Worry (Reuters) • Investors Dump Stocks, Seek Safe Havens As Bank Fears Flare (Reuters) • Banks Bonds Are “The Epicenter Of Growth Concerns Globally” (BBG) • Goldman Sachs Sees Near-Zero Risk Of

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Feb 082016
 
 February 8, 2016  Posted by at 9:41 am Finance Tagged with: , , , , , , , ,  3 Responses »
Debt Rattle February 8 2016

• Deutsche Bank Is Shaking To Its Foundations (SI) • Why A Selloff In European Banks Is So Ominous (MW) • Lending To Emerging Markets Comes To A Halt (FT) • What the Heck is Going On in the Stock Market? (WS) • Dot Com 2.0 – The Sequel Unfolds (St.Cyr) • CEOs, Venture Backers Lose Big As Linkedin, Tableau Shares Tumble (Reuters) • Record Numbers Of Longs And Shorts Are Piling Into Oil (BBG) • Prolonged Slump Sparks 2nd

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Feb 072016
 
 February 7, 2016  Posted by at 9:34 am Finance Tagged with: , , , , , , , , , ,  3 Responses »
Debt Rattle February 7 2016

• $100 Trillion Up in Smoke (Mauldin) • As Big Oil Shrinks, Boards Plot Different Paths Out Of Crisis (Reuters) • Exxon Ends Share Buybacks – It Must Be Acquisition Time (Forbes) • Hess Oil: A “Folly For The Ages” (ZH) • Debt, Defaults, And Devaluations: A Crash Like Nothing Before (Telegraph) • Our Dysfunctional Monetary System (Steve Keen) • Why The Bulls Will Get Slaughtered (Stockman) • Obscure Chinese Firm Dives Into $22 Trillion US Market (BBG) • China’s

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Feb 062016
 
 February 6, 2016  Posted by at 10:00 am Finance Tagged with: , , , , , , , , ,  1 Response »
Debt Rattle February 6 2016

• Oil Market Spiral Threatens To Prick Global Debt Bubble, Warns BIS (AEP) • Gundlach Says Financials Below Crisis Prices ‘Frightening’ (BBG) • Global Financial System Risk Is Soaring Worldwide (ZH) • Standard Chartered Down 57%, Returns to 1998 (WSJ) • US Exports Fell In 2015 For First Time Since Recession (AP) • Oil Rout Threatens Vicious Cycle for US Economy (WSJ) • The Chart of Doom: When Private Debt Stops Expanding… (CHS) • Why It Would Be Wise To

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Feb 052016
 
 February 5, 2016  Posted by at 10:08 am Finance Tagged with: , , , , , , , , , ,  2 Responses »
Debt Rattle February 5 2016

• Dollar Tumbles As Fed Rescues China In The Nick Of Time (AEP) • SocGen: China Only Months Away From Depleting Its Currency Reserves (MW) • China Foreign Reserves Head for Record Drop on Yuan Defense (BBG) • Citi: ‘We Should All Fear Oilmageddon’ (BBG) • Just 0.1% Of Global Oil Output Has Been Halted By Low Prices (BBG) • US Running Out Of Space To Store Oil (CNN) • Obama Proposes $10-a-Barrel Oil Tax (MW) • IMF Honing Tools

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Feb 042016
 
 February 4, 2016  Posted by at 8:10 pm Finance Tagged with: , , , , , , , , , ,  16 Responses »
Get Ready. For The Pogrom.

The best way it was put came from a German newspaper, the Leipziger Volkszeitung, on Tuesday, in an article that describes 5 separate incidents in two days in which buildings occupied by asylum seekers are targeted with rocks and home-made explosives. The headline quotes Leipzig’s head of police as saying: A pogrom mood prevails (Es herrscht Pogromstimmung). The full line further down in the article says: “Across the whole country, a pogrom mood prevails that is gathering an explosive intensity.”

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