During 2013, the Fed printed $1 trillion and the S&P 500 Index rose 30%. During 2014, the Fed printed $450 billion and the S&P rose 11%. Since 31 October 2014, when QE 3 ended, the S&P is flat. Worse still, it is vulnerable to a sharp correction given stretched valuations, the weak economy and contracting […]
IMF Warns Regulators to Brace For Global “Liquidity Shock” As it becomes public knowledge that the IMF has followed the BIS with a warning to brace for a global “liquidity shock”, it has become apparent that banks are already taking quick action. It was a liquidity shock in the Asset Backed Commercial Paper (ABCP) market within […]
During 2013, the Fed printed $1 trillion and the S&P 500 Index rose 30%. During 2014, the Fed printed $450 billion and the S&P rose 11%. Monetary tightening began with the end of QE 3. Since 31 October 2014, when QE 3 ended, the S&P is flat. What all of this has done is left […]
2015 Q1 Techncal Update This is the blueprint for a video that will hopefully be completed in the next week or so. The analysis is given here first for subscribers. Contents: S&P Gold Silver Oil DOWNLOAD PDF REPORT
2015 will actually be the first year since 2007 without some form of quantitative easing! During this six year period the Fed’s Balance Sheet has exploded by over $4 trillion and the US Government has spent another $11+ trillion. Between October and November of last year, the Federal Government issued $1 trillion in new debt in one […]
Recently we have begun to see weakness in the US Equity Markets. It has been so long since we have had anything other than relentless increases, it is time to consider what we might expect, for even a mild consolidation – or heaven forbid, a possible correction. I am regularly reminded how similar […]
March 18th, 2015 – The Daily Bell Defying U.S., European allies say they’ll join China-led bank … Germany, France and Italy said on Tuesday they would join a new China-led Asian investment bank after close ally Britain defied U.S. pressure to become a founder member of a venture seen in Washington as a rival to […]
ZeroHedge Despite ending the month with a whimper, after Fed vice-chairman’s hawkish words spooked the market on Friday afternoon, February was the best month for equities in over three years – since October of 2011 – driven by a 7% Nasdaq surge on the back of a gigantic move higher in Apple. And yet, as […]
Zerohedge A month ago, we wrote about a bizarre situation involving Denmark’s now totally broken monetary system, where as a result of an unprecedented scramble to weaken the currency in order to preserve the peg to the Euro the central bank unleashed a historic rate-cutting scramble, where in 4 consecutive rate cuts its pushed the […]
GLOBAL SLOWDOWN – Overwhelming Proof of the SEVERITY China Data Point to Sharper Slowdown 03-11-15 FT BALTIC DRY – “Worst Market Conditions Since the 80’s” Shipbuilding Orders Slump As Baltic Dry Hits Fresh Record Low 02-18-15 ZH Record Low Baltic Dry Casualties Emerge: Third Dry-Bulk Shipper Files For Bankruptcy In Past 3 Weeks 02-23-15 ZH JAPAN AUSTRALIA GLOBAL US GLOBAL […]