Category Archives: Financial

NYSE trading halted; stocks extend losses as China, Greece weigh

Trading on the New York Stock Exchange was suspended in late-morning trade on Wednesday with U.S. stocks extending their losses as continued concerns about Greece and the extended selloff in the Chinese market pressured investor sentiment. “We’ve had some technical … Continue reading

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Deutsche Bank Offices Raided By Authorities

(ZeroHedge)Just two days after Deutsche Bank co-CEOs Anshu Jain and Jürgen Fitschen announced their resignations, the banks offices in Germany, France, and the UK have been searched by authorities. Deutsche Bank confirmed its offices in Frankfurt had been searched on … Continue reading

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So Now We Know Who Really Controls Our Money

IMF warns Fed should delay rate hike until 2016 The U.S. Federal Reserve should delay a rate hike until the first half of 2016 until there are signs of a pickup in wages and inflation, the International Monetary Fund said … Continue reading

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Investors Start To Panic As A Global Bond Market Crash Begins

Is the financial collapse that so many are expecting in the second half of 2015 already starting?  Many have believed that we would see bonds crash before the stock market crashes, and that is precisely what is happening right now.  … Continue reading

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ETF Issuers Quietly Prepare For “Market Meltdown” With Billions In Emergency Liquidity

Between the dramatic sell-off in German Bunds that unfolded over the course of three weeks beginning on April 21 and the erratic trading that ensued on Tuesday following the weakest JGB auction since 2009, the chickens, as they say, have … Continue reading

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ETF Issuers Quietly Prepare For “Market Meltdown” With Billions In Emergency Liquidity

Between the dramatic sell-off in German Bunds that unfolded over the course of three weeks beginning on April 21 and the erratic trading that ensued on Tuesday following the weakest JGB auction since 2009, the chickens, as they say, have come … Continue reading

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Chicago Goes Junk, Owes Bondholders $2.2 Billion Immediately

(Zerohedge)  Following an Illinois Supreme Court ruling that struck down a pension reform plan aimed at closing a $100 billion funding gap, Moody’s downgrades Chicago to junk, giving the city the dubious distinction of being the only major city “in … Continue reading

Posted in Domestic Enemies, Editorial, Financial, Immigration, Safety and Preparedness, Uncategorized, Voter issues | Tagged , , , , , , , | 6 Comments

Money for Nothing: Inside the Federal Reserve

www.youtube.com/watch?v=MAYNW_vunfI#t=1

More…

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Watching the Economy Unfold

Caterpillar Suffers Worst Month Since Lehman, 26 Consecutive Months Of Declining Retail Sales Once upon a time, C was the world’s industrial bellwether and a Dow Jones Industrial staple. Lately, in addition to suddenly developing a very close relationship with Federal … Continue reading

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Welcome To The Wreckovery

Moments ago, Caterpillar was added to the great and growing list of bellwether companies that have reported disastrous Q4 earnings misses, when it announced that not only did it wildly miss its EPS estimate of $1.55, reporting only $1.35 in … Continue reading

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Banker Suicide “Hit” Parade

1) David Bird, 55, long-time reporter for the Wall Street Journal working at the Dow Jones news room 2) Tim Dickenson, a U.K.-based communications director at Swiss Re AG 3) William Broeksmit, 58, former senior manager for Deutsche Bank 4) … Continue reading

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Numerous FX Brokers Shutter After Suffering “Significant Losses” Following SNB Stunner

Update: 2 more FX brokers have just gone belly up, UK-based Calpari and New Zealand’s Excel Markets. From Alpari’s statement: The recent move on the Swiss franc caused by the Swiss National Bank’s unexpected policy reversal of capping the Swiss … Continue reading

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Bank Run in Geneva?

There are long lines of people at banks in Geneva as people realize a windfall of 30% overnight by converting Swiss francs into Euros. And that is how quickly your dollars will become devalued in the future when the petrodollar … Continue reading

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And There Goes the Obama Recovery

The economic impact that the collapse of the shale oil industry is twofold: 1. Cheaper gasoline 2. Lower GDP and higher unemployment As your pResident boasts about his economic (hamburger flipper) recovery, the only real bright spot was the shale oil … Continue reading

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How the Government Steals the Fruit of Your Labor

As of the last day of 2014, total US debt soared by $98 billion in one day (driven again by Social Security debt surging on the last day of the month to a record $5.117 trillion), and closing off 2014 … Continue reading

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