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IMF Slashes US Growth Outlook, Blames Rates & Trade; Sees Venezuelan Inflation 10-Million-Percent
IMF Slashes US Growth Outlook, Blames Rates & Trade; Sees Venezuelan Inflation 10-Million-Percent Confirming Director Lagarde’s warning that “clouds on the horizon have materialized,” The International Monetary Fund is downgrading its outlook for the world economy, citing rising interest rates and growing tensions over trade. The IMF said Monday that the global economy will grow […]
Investigative Journalist Probing EU Corruption Found Brutally Raped And Murdered
Investigative Journalist Probing EU Corruption Found Brutally Raped And Murdered Yet another tragic death of a high profile journalist is now raising questions. A Bulgarian journalist and TV personality who was in the midst of a deep investigation into alleged corruption involving EU funds has been found murdered in the Bulgarian town of Ruse, authorities said […]
Morgan Stanley: “We Have Hit The Tipping Point”
Morgan Stanley: “We Have Hit The Tipping Point” Having been one of the most bearish voices on Wall Street for a good part of 2018, with downgrades of small caps and tech stocks earlier this summer and one month ago going so far as to call the peak of both Treasurys (in September) and Stocks […]
Michael Is Now A Hurricane, Will Continue To Strengthen As It Approaches Florida Panhandle
Michael Is Now A Hurricane, Will Continue To Strengthen As It Approaches Florida Panhandle Update from Reuters: MICHAEL BECOMES A HURRICANE AND CONTINUED STRENGTHENING EXPECTED, HEAVY RAINFALL AND STRONG WINDS SPREADING ACROSS WESTERN CUBA, RISK OF LIFE-THREATENING STORM SURGE, HEAVY RAINFALL, AND DANGEROUS WINDS INCREASING FOR THE NORTHEASTERN GULF COAST: NHC * * * A […]
How Trump Win changed US Politics forever
How Trump Win changed US Politics forever Global Intel Hub (Zero Hedge Exclusive) 10/7/2018 — Now that MidTerms are coming up, the heat is being turned up on Trump in the deep state’s ‘death by a thousand cuts’ approach to assassinate his character and any of his allies as well. But in this flagrant and […]
Trader: Italy’s Situation Is Truly Unprecedented
Trader: Italy’s Situation Is Truly Unprecedented If Italy is going to avoid a full-blown euro zone debt crisis that’s capable of causing turmoil in global financial markets, communication will be key. Much of the investor complacency toward the threat from Italy’s debt crisis is the fallacy that worse scenarios have been survived elsewhere before. Let’s […]
“Waiting For The World To End” – Bond Rout Bodes Badly For Exuberant Equity Investors
“Waiting For The World To End” – Bond Rout Bodes Badly For Exuberant Equity Investors It was a tough week for stock market investors but the primary driver of the chaotic crumble in small caps and tech stocks was not one of the usual suspects and even for those who consider themselves ‘hedged’ or balanced […]
China Cuts Reserve Ratio, Releases 1.2 Trillion Yuan Amid Rising Trade War, Record Defaults
China Cuts Reserve Ratio, Releases 1.2 Trillion Yuan Amid Rising Trade War, Record Defaults China’s central bank announced it would cut the Required Reserve Ratio (RRR) for most banks by 1.0% effective October 15 for the fourth time in 2018, a little over three months after the PBOC announced a similar cut on June 24, […]
Former Fed Governor Warns Of “Several Decade Cold War” With China
Former Fed Governor Warns Of “Several Decade Cold War” With China Former Fed governor Kevin Warsh warned on Thursday that the US-China relationship is “probably as poor as” it has ever been since former President Richard Nixon and Henry Kissinger developed strategic relations between both countries in the early 1970s. “We’re at the risk of a […]
Macquarie: “There Is A Growing Possibility That The Plot Might Go Terribly Wrong”
Macquarie: “There Is A Growing Possibility That The Plot Might Go Terribly Wrong” EMs in the crosshairs: Between war games, fake news and bonds From military exercises to trade wars, the fury is intensifying. At the same time, global liquidity is compressing while rates are rising. Growing uncertainty, contracting liquidity & rising cost of capital […]
Declassified Cables Reveal US Plan To Nuke Vietnam
Declassified Cables Reveal US Plan To Nuke Vietnam Recently declassified documents from the Vietnam era reveal that the United States’ top military commander in Saigon activated a plan in 1968 to place nuclear weapons in South Vietnam, but was overruled by President Lyndon B. Johnson, reports the New York Times. The commander, Gen. William C. Westmoreland, […]
The US Spent A Record $523 Billion On Debt Interest In Fiscal 2018
The US Spent A Record $523 Billion On Debt Interest In Fiscal 2018 Earlier this week, when the US closed fiscal 2018 on September 30, we reported that US gross national debt jumped by $84 billion on September 28, the last business day of fiscal year 2018; with this last push higher, total gross national […]
The “VaR Shock” Is Back: Global Bonds Lose $880 Billion In One Week
The “VaR Shock” Is Back: Global Bonds Lose $880 Billion In One Week Markets were in turmoil, S&P futures were locked limit down as traders panicked, the establishment political system was in chaos and global bond portfolios were about to suffer a near record $1.2 trillion in losses in just a few days. All this […]
IRGC Commander Says Netanyahu Will “Flee Into Sea,” Should “Practice Swimming”
IRGC Commander Says Netanyahu Will “Flee Into Sea,” Should “Practice Swimming” In a fiery message aimed at Tel Aviv, Islamic Revolutionary Guards Corps deputy commander Brig. Gen. Hossein Salami issued a warning to Israel, Middle East-based source Al Masdar News reports. “I tell the prime minister of the Zionist regime to practice swimming in the Mediterranean because soon you will have no choice but [to] […]
