Monthly Archives: June 2015
Early China Strength Fades Fast As Margin Debt Plunges Most In 3 Years
Following the much-celebrated (and massive 13% swing low-to-high) bounce yesterday at the hands of a desperate PBOC, the morning session ended with an early boost fading. Shanghai margin debt has now suffered the longest streak of declines in 3 years and as BofAML warned they “doubt that this marks the end of the de-leveraging process […]
Chinese QE Calls Officially Begin: Bond Swap “Sucks Liquidity”, “Contributes To Stock Slump”, Broker Claims
zerohedge.com / by Tyler Durden on 06/30/2015 20:40 On Monday, we highlighted what we called an “insane” debt chart and explained what it means for the PBoC. Here’s a recap: China has launched a bewildering hodge-podge of hastily construed easing measures that can’t seem to get out of their own way. Perhaps the most poignant […]
With All Eyes Still On Greece, Don’t Trust This Bounce
kingworldnews.com / June 30, 2015 With the dollar surging and gold and crude oil weaker, today King World News is featuring a piece from one of the greats in the business warning investors that with all eyes still on Greece, do not trust this early bounce in global equity markets. “You know the rules of […]
When Disruption Gets Too Disruptive
zerohedge.com / by Tyler Durden on 06/30/2015 18:55 With massive strikes in France and now drivers shooting passengers, Uber is making headlines everywhere. While some might say any publicity is good publicity (and any disruption is good disruption), for the firm valued at $50 billion (with a stunning operating loss of $470 million and revenues of […]
Complacency Remains Rife
acting-man.com / Pater Tenebrarum / June 30, 2015 Nothing to Worry About … It was clear that stock markets would sell off and US treasuries would catch a bid on the news of the failure of negotiations between the former “troika” and Greece. What was less clear was that gold would actually fail to catch a bid, […]
Get Out Of The US By The End Of The Year – Jeff Berwick on Double Crossed Radio
TheDollarVigilante, Published on Jun 30, 2015 Jeff is interviewed by Chuck Horton for Double Crossed Radio, topics include: Supreme courts make the congress irrelevant & take power from the states, NDAA, TPP, rapid roll out of the NWO, cashless society, you cant free those who don’t see their chains, vanishing privacy, rise of civil forfeiture, most […]
Ukraine Halts Russian Gas Purchases After Price Talks Fail
zerohedge.com / by Tyler Durden on 06/30/2015 17:42 It has been a bad day for deals and deadlines all around: first Greece is about to enter July without a bailout program and in default to the IMF with the ECB about to yank its ELA support or at least cut ELA haircuts; also the US failed […]
Why Greeks Still Want to Keep the Euro, in One Chart
wolfstreet.com / by Wolf Richter • June 30, 2015 As of midnight European time, Greece has become the first developed country in history to fall into arrears on payments to the IMF. It’s not that much money, by today’s standards: €1.6 billion. But for Greece, which is totally out of money, it’s an unreachable amount. The last time […]
Unprepared: What Do You Think Would Happen If A Greek-Style Crisis Hit America?
endoftheamericandream.com / By Michael Snyder on June 29th, 2015 In this article, I am going to share with you some statistics that prove that most Americans are completely and totally unprepared for a Greek-style economic crisis. According to one recent survey, an all-time high 72 percent of all Americans are concerned about an economic downturn, and […]