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lochaz-index
#4801 Posted : Wednesday, April 06, 2016 1:35:49 PM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
hisah wrote:
lochaz-index wrote:
hisah wrote:
Wikileaks Exposes IMF Plot To Destablize Europe At Brexit Referendum – Planned Greece Credit Crisis

The money masters are getting sloppy of late and are getting busted with their hands in the cookie jar!

Sure enough, June-July period was looking like a torrid time anyway you looked at it. The manipulators are getting too comfy at their game probably out of spite for the minions.

Brexit was a sure thing despite the fear mongering by the pro-EU crowd(establishment). Good to know the puppeteers are also betting their houses on a Brexit...what with the steel industry going down the tubes, record CAD since WWII, refugees crisis and increased terrorist attacks. Not a good outlook for the UK and GBP.

Q1 2016 felt very rigged all over the place. A lot does not add up. I get the feeling very many skeletons are about to bust out of the woodwork once this show gets rolling.

GBP futures has been showingsell side action since June 2014 just like oil. I've bearish GBP long term since then long before brexit. Their real estate is setting up for a major crash in the midst of Europe going down. Whichever way one looks at it Asia (expect Japan) remains the only safe bet in a decade's time.

Advanced economies are in a very difficult moment. From population pyramids sagging at the wrong ends(inverted) thus increasing the strain on an already bloated social security schemes which have been bankrupted by ZIRP(for the last 10 years) and now NIRP. Not a pretty bunch.

Add the fact that almost every sector in the economy is or will be facing decreasing marginal returns from any extra cent of debt. Staying up is a seemingly herculean task.

Policy missteps like the tax hike in the UK hasten their imminent downfall. A decade long sell actions? Or probably longer?
The main purpose of the stock market is to make fools of as many people as possible.
Cornelius Vanderbilt
#4802 Posted : Wednesday, April 06, 2016 3:34:16 PM
Rank: Member


Joined: 8/15/2015
Posts: 817
If all the multi billion shilling deals signed within and without our borders would fully translate into tangible results, our country would grow immensely. Unfortunately, the food is eaten before it reaches the table.#realTalk
Cde Monomotapa
#4803 Posted : Thursday, April 07, 2016 10:05:54 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
If that NBK phys, hypo mismatch was anything to go by...

ICBC Bank Reclassified as an LBMA Market Maker


http://www.silverdoctors...market-maker/#more-65315
hisah
#4804 Posted : Friday, April 08, 2016 5:05:25 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Cde Monomotapa wrote:
If that NBK phys, hypo mismatch was anything to go by...

ICBC Bank Reclassified as an LBMA Market Maker


http://www.silverdoctors...arket-maker/#more-65315

If NBK was managed like KCB we would talking something else. But this opportunity is going to the sewer. Very unfortunate Sad
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#4805 Posted : Friday, April 08, 2016 5:20:53 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Nigeria could be kicked out of the MSCI Frontier Markets Index

Quote:
MSCI has announced it is considering removing Nigeria from the MSCI Frontier Markets Index given restrictions on currency trading and the resulting deterioration of fx liquidity impacting investors’ ability to repatriate capital. This is a risk we’ve been highlighting for the last six months or so (see below) so shouldn’t come as a complete surprise, and JPMorgan and Barclays have already removed Nigeria from their respective local currency emerging market bond indices.

MSCI plans to announce its decision on or before 29 April– and in the meantime is seeking feedback from investors.

With this news, Nigeria's hopes of attracting private sector investors have been dealt another blow. This is unfortunate as we maintain there is much to like in Nigeria - if currency restrictions could be eased.

Nigeria's exclusion from bond indices and threatened exclusion from this key equity index, is because investors' ability to make that return is now jeopardised by currency restrictions.

Moreover, bond or equity index inclusion helps makes portfolio investors more sticky - they tend to invest around the benchmark weighting of a country. Indeed - Nigeria still has $0.5bn (NGN200bn) of equity investments in the country - because it is in this frontier index. Being excluded from such indexes creates a higher hurdle to attract future investments. Nigeria would have to become so attractive to foreign investors that they would make it an off-index investment.


Someone is about to experience USD starvation! I expect the Naira to be taken to the cleaners again when that capital flight kicks in... It will be a bloodbath in the black market despite the capital controls.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#4806 Posted : Friday, April 08, 2016 8:42:12 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
hisah wrote:
Cde Monomotapa wrote:
If that NBK phys, hypo mismatch was anything to go by...

ICBC Bank Reclassified as an LBMA Market Maker


http://www.silverdoctors...arket-maker/#more-65315

If NBK was managed like KCB we would talking something else. But this opportunity is going to the sewer. Very unfortunate Sad


I say let's wager. Still a USD bull? I'm still a Au bull.

OK. US Q1 results releases are close [Apr-May]. See how much bad news sells. Cool?
hisah
#4807 Posted : Saturday, April 09, 2016 1:46:18 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Cde Monomotapa wrote:
hisah wrote:
Cde Monomotapa wrote:
If that NBK phys, hypo mismatch was anything to go by...

ICBC Bank Reclassified as an LBMA Market Maker


http://www.silverdoctors...arket-maker/#more-65315

If NBK was managed like KCB we would talking something else. But this opportunity is going to the sewer. Very unfortunate Sad


I say let's wager. Still a USD bull? I'm still a Au bull.

OK. US Q1 results releases are close [Apr-May]. See how much bad news sells. Cool?

I'm still a USD bull coz of the looming freak show called Japan and the funny euro experiment. Until Fed goes 100% into NIR policies I don't see the USD significantly weakening vs the rest. The aussie is at the mercy of the yuan and they face a housing correction. Too risky.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#4808 Posted : Saturday, April 09, 2016 3:11:44 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
hisah wrote:
Cde Monomotapa wrote:
hisah wrote:
Cde Monomotapa wrote:
If that NBK phys, hypo mismatch was anything to go by...

ICBC Bank Reclassified as an LBMA Market Maker


http://www.silverdoctors...arket-maker/#more-65315

If NBK was managed like KCB we would talking something else. But this opportunity is going to the sewer. Very unfortunate Sad


I say let's wager. Still a USD bull? I'm still a Au bull.

OK. US Q1 results releases are close [Apr-May]. See how much bad news sells. Cool?

I'm still a USD bull coz of the looming freak show called Japan and the funny euro experiment. Until Fed goes 100% into NIR policies I don't see the USD significantly weakening vs the rest. The aussie is at the mercy of the yuan and they face a housing correction. Too risky.


smile here's others caught napping. Reversal par excellence http://www.marketwatch.c...an-us-stocks-2016-04-08
lochaz-index
#4809 Posted : Monday, April 11, 2016 3:27:11 PM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
Spanish banks facing a nasty refund dilemma thanks to a judgment in favour of a class action lawsuit. If the provision for rising bad debts was not a bad enough albatross here comes the guillotine. http://www.wsj.com/artic...floor-clauses-1460049434
The main purpose of the stock market is to make fools of as many people as possible.
hisah
#4810 Posted : Monday, April 11, 2016 3:35:04 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
lochaz-index wrote:
Spanish banks facing a nasty refund dilemma thanks to a judgment in favour of a class action lawsuit. If the provision for rising bad debts was not a bad enough albatross here comes the guillotine. http://www.wsj.com/artic...loor-clauses-1460049434

What timing? Brick wallPray
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
lochaz-index
#4811 Posted : Monday, April 11, 2016 7:18:29 PM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
hisah wrote:
lochaz-index wrote:
Spanish banks facing a nasty refund dilemma thanks to a judgment in favour of a class action lawsuit. If the provision for rising bad debts was not a bad enough albatross here comes the guillotine. http://www.wsj.com/artic...loor-clauses-1460049434

What timing? Brick wallPray

Their Italian counterparts are weighed down by NPL's to the tune of $409 billion. If you work out NPL/GDP it is scary to say the least,there is no new lending being done. Simply, they are stuck in a rut.

If they choose to go the bail-in way as prescribed by the EU this will be way worse than Cyprus and Greece combined. The pace at which their politicos set up a bailout fund says a lot about the crisis level.
The main purpose of the stock market is to make fools of as many people as possible.
hisah
#4812 Posted : Friday, April 22, 2016 5:22:24 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Japaaaaann! Savers and pensioners all taken to the cleaners!!! Financial nuclear!

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#4813 Posted : Saturday, April 23, 2016 8:39:06 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Accounting for a Black Swan. A shocker from the Fed with a hike. What better way to flex relevance than pricking a bubble! All cash now. Sidelines...
lochaz-index
#4814 Posted : Monday, April 25, 2016 6:45:18 PM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
Interesting times. Some really fractious politicking is headed our way. The global economy is in the gutters and the fabric of society is responding in equal measure. This construct that everything is fine and dandy clearly doesn't hold any water. http://www.bloomberg.com...phics/2016-angry-voters/
The main purpose of the stock market is to make fools of as many people as possible.
lochaz-index
#4815 Posted : Wednesday, April 27, 2016 9:39:46 PM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
Venezuelans are in a whole new world of pain. Four day work week is reduced to a two day work week to save on power. No prizes for guessing when it will be a 7 day back to back snooze fest. Talk of a nation literally plunging into darkness. http://www.bloomberg.com...bid-to-save-electricity

Bear in mind they are yet to see the end of hyperinflation and low oil prices.
The main purpose of the stock market is to make fools of as many people as possible.
hisah
#4816 Posted : Thursday, May 05, 2016 5:37:40 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
The air cargo slump that won’t fly away

The global trade slump reality check. In a deflation environment the USD demand escalates. With fed hiking rates that USD strength compounds and unleashes nasty effects.

I continue to see a very expensive USD until the usual suspects (G7) sit down and read from the same page. Something similar to the GFC response via coordinated stimulus. Otherwise hold on to your socks, the next USD rally will rip off faces as the deflation vacuum sucks in everything!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
lochaz-index
#4817 Posted : Thursday, May 05, 2016 9:26:22 PM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
hisah wrote:
The air cargo slump that won’t fly away

The global trade slump reality check. In a deflation environment the USD demand escalates. With fed hiking rates that USD strength compounds and unleashes nasty effects.

I continue to see a very expensive USD until the usual suspects (G7) sit down and read from the same page. Something similar to the GFC response via coordinated stimulus. Otherwise hold on to your socks, the next USD rally will rip off faces as the deflation vacuum sucks in everything!


G7 is at sixes and sevens. I don't think they will come up with anything concrete to solve the issues at hand. Japan and Italy are in one camp(pro-easing) while Germany and the US are in the anti camp. The rest are somewhere in between. My take is it will take an implosion of some sort for them to act decisively.

The former camp is already feeling the pinch hence the sense urgency on their part.
The main purpose of the stock market is to make fools of as many people as possible.
hisah
#4818 Posted : Monday, May 09, 2016 5:56:17 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
Japaaaaann! Savers and pensioners all taken to the cleaners!!! Financial nuclear!


20-year bond current yield at 0.22%.

What happens when both the 20 & 40 year bonds yields go negative like the 10 year bond? What happens when deposits locked in the 20/40 bonds are subjected to NIR? Money velocity will collapse completely. No amount of stimulus will reverse such a wipeout as people stuff yens in mattresses! This is one crazy freak show! Deflation tsunami in the making while nobody seems to pay attention! The global effect will be painful as deflation and stagflation strike across the globe in equal measure.

GFC will be a blip if this deflation tsunami goes globe!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#4819 Posted : Monday, May 09, 2016 6:58:36 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,979
hisah wrote:
hisah wrote:
Japaaaaann! Savers and pensioners all taken to the cleaners!!! Financial nuclear!


20-year bond current yield at 0.22%.

What happens when both the 20 & 40 year bonds yields go negative like the 10 year bond? What happens when deposits locked in the 20/40 bonds are subjected to NIR? Money velocity will collapse completely. No amount of stimulus will reverse such a wipeout as people stuff yens in mattresses! This is one crazy freak show! Deflation tsunami in the making while nobody seems to pay attention! The global effect will be painful as deflation and stagflation strike across the globe in equal measure.

GFC will be a blip if this deflation tsunami goes globe!


I just hope this will not affect any other part of the globe...
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
karanjakinuthia
#4820 Posted : Monday, May 09, 2016 7:36:05 AM
Rank: Member


Joined: 11/13/2006
Posts: 551
Location: Nairobi
Banking Stocks in Troubled Waters

Recent press releases from banking stocks have focused investor attention on the sector that has been on the ropes since the 2008-2009 Global Financial Crisis. On Tuesday, 2nd of May, Deutsche Bank’s (DB) shares decline 2.7% following the FCA (Financial Conduct Authority) stated it has serious and systemic failings in it controls. The bank’s shares have witnessed a 28% YTD fall in price and have breached the 2009 low of $18.35...

Read more:

https://www.scribd.com/d...ocks-in-Troubled-Waters

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