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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: 15,980
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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