KTFA:
Backdoc: WITH BOND MARKETS FACING LIQUIDITY ISSUES ITS QUITE POSSIBLE CREDIT COULD SIEZE UP AT SOME POINT!
WE NEED TO KEEP WATCHING THE ACTIONS ON THE "MAIN EVENT"! OBAMA SAYS NO NEGOTIATION ON THE MILITARY BUDGET.
WITH EARNINGS SEASON STARTING TO UNFOLD THIS WEEK MARKETS SHOULD FIND THERE PROPER PRICE LEVEL IF MARKETS AREN'T MANIPULATED. BUT LIKE GROSS SAYS, THEY CAN DEFY LOGIC FOR AWHILE!
WITH RUSSIA WILLING TO TALK TO OPEC NATIONS NOW ON OIL PRODUCTION THE PROCESS OF STABILIZING PRICES HAS IMO BEGUN.
....
Backdoc: WITH BOND MARKETS FACING LIQUIDITY ISSUES ITS QUITE POSSIBLE CREDIT COULD SIEZE UP AT SOME POINT!
WE NEED TO KEEP WATCHING THE ACTIONS ON THE "MAIN EVENT"! OBAMA SAYS NO NEGOTIATION ON THE MILITARY BUDGET.
WITH EARNINGS SEASON STARTING TO UNFOLD THIS WEEK MARKETS SHOULD FIND THERE PROPER PRICE LEVEL IF MARKETS AREN'T MANIPULATED. BUT LIKE GROSS SAYS, THEY CAN DEFY LOGIC FOR AWHILE!
WITH RUSSIA WILLING TO TALK TO OPEC NATIONS NOW ON OIL PRODUCTION THE PROCESS OF STABILIZING PRICES HAS IMO BEGUN.
....
REALIZE THIS MAY NOT BE AN IMMEDIATE CHANGE! WE COULD SEE SIGNIFICANT DOWNSIDE TEMPORARILY IF DEMAND IS FALLING OFF AND OVERPRODUCTION STILL REMAINS HIGH!
AND LETS NOT FORGET CHEATING THAT HAS BEEN AN ONGOING ISSUE WITH OPEC IN THE PAST!
WEDNESDAY WILL GIVE US A WEEKLY UPDATE ON WHERE WE ARE SINCE THAT IS WHEN THE OIL REPORTS COME OUT! REALIZE THIS DIRECTLY AFFECTS CURRENCY VALUES!
DOC IMO
**********
Thunderhawk: Backdoc Alert
Gross, Seeing Stocks Plunging 10%, Urges Flight to Cash
Bill Gross, who in January predicted that many asset classes would end the year lower, said U.S. equities have another 10 percent to fall and investors should sit out the current volatility in cash.
The whipsaw market reaction to the lackluster U.S. jobs report last week shows that markets, especially stocks, high-yield bonds and some emerging market debt, are trading like a casino, Gross said in an interview on Friday. He was speaking from a cruise ship which had taken shelter near New York City amid stormy weather over the Atlantic.
Gross, who earlier made prescient calls on German bunds and Chinese equities, said U.S. stocks will drop another 10 percent because economic conditions don’t support a rally like in 2013, when corporate profits were going up. Today they are flat-lining and low commodity prices are hurting energy companies, said the manager of the $1.4 billion Janus Global Unconstrained Bond Fund. Read More at:
http://ift.tt/1OTWUso
************
Backdoc: INVESTORS SHOULD NEVER BE BRAVE, THEY NEED TO BE SMART!
ANYTIME WE BUY SOMETHING IT SHOULD BE BASED ON WHETHER ITS VALUE IS RIGHT!
TO BUY ON FAITH SOUNDS LIKE SOMEONE BIG IS SELLING AND WANTS OUT! HEE HEE
**********
Thunderhawk: Backdoc Alert
Citigroup Says Investors Should Be 'Brave' and Buy Stocks
Markets have staged quite the comeback, with the Dow Jones Industrial Average up more than 700 points since Friday's low.
All the upwards activity has brought out a few market bulls, most notably Citigroup analysts led by Robert Buckland who are now urging investors to screw their courage to the sticking place and stick some money into stocks.
Read More:
http://ift.tt/1NjelT8
************
Backdoc: UNFORTUNATELY, THE TPP MAY BRING A LITTLE MORE OF THE SAME!
THERE IS A GLOBAL CONCERTED EFFORT TO REDUCE EXTREME POVERTY WORLD WIDE AS ARTICLES HAVE RECENTLY STATED.
TO DO THAT MEANS MANY COUNTRIES THAT HAVE DONE VERY WELL WILL NOT DO AS WELL GOING FORWARD AS OTHER COUNTRIES WILL DO MUCH BETTER!
VIETNAM APPEARS TO BE A BIG BIG WINNER!!
**********
Thunderhawk: Backdoc Alert
America's Trade Gap Widened in August by Most in Five Months
The U.S. trade deficit widened in August by the most in five months as imports picked up and weaker overseas growth limited sales to customers abroad.
The gap increased 15.6 percent to $48.3 billion from a revised $41.8 billion in July, the Commerce Department reported Tuesday. The median forecast in a Bloomberg survey of economists called for a deficit of $48 billion. Exports of goods dropped to the lowest level since June 2011.
Read More:
http://ift.tt/1Q4jsEh
************
Backdoc: IT SEEMS OBVIOUS NOW THAT MOST OF THE EU IS HEADED DOWN A PATH TOWARD ANTI- AUSTERITY! DOC IMO
***********
Thunderhawk: Backdoc Alert
Reform Is Working for Portugal
If no good deed goes unpunished, then Portuguese Prime Minister Pedro Passos Coelho got off lightly in Sunday's elections. After overseeing reforms that kept the Portuguese economy from getting worse, his ruling coalition is much smaller -- but for now, at least, it looks like he will still be at the head of the government.
Politicians in Greece (and other economically struggling European nations) take note: Voters will put up with painful economic reforms so long as the remedy seems to be working. For the past four years, Portugal has been striving to honor the terms of the 78 billion euro bailout it received in 2011 from the International Monetary Fund and the European Union. Its efforts have made it a star reformer among Europe's struggling economies.
Read More at:
http://ift.tt/1MW2ZRO
************
Backdoc: AT LEAST FOR THE SHORT TERM WE ARE APPROACHING THE 200 DAY MOVING AVERAGE ON BLACK GOLD.
AS WE SEE OIL APPROACH THAT 51 DOLLAR PRICE PER BARREL WE WILL SEE IF ENOUGH OF "THE DEAL" WILL HAVE BEEN IMPLEMENTED YET?
IS HE IS? OR IS HE ISN'T? HEE HEE WE WILL SEE REAL SOON! DOC IMO
**********
Thunderhawk: Backdoc Alert
VIDEO: The crude oil chart looks a lot like 1985: BNP Paribas
Crude oil soared nearly 5 percent Tuesday to its highest level in more than a month after U.S. government data showed a decline in production. The commodity has now rallied more than 27 percent from its August low, and the recent move is giving one expert major flashbacks.
"Comparing 1985 to 2015 in crude, there are a few similarities to highlight," Darren Wolfberg told CNBC's "Futures Now" on Tuesday. "Back in 1985 we saw a 69 percent sell-off in crude, we can call it a crude depression, and I think we've seen a similar pricing pattern now where crude oil fell 61 percent from its June 2014 high to March 2015 low." Read More at:
http://ift.tt/1j5930g
************
Backdoc: THIS SEEMS TO BE A NATURAL MOVE ESPECIALLY IF THE YUAN SLIPS INTO THE SDR IN NOVEMBER! LOL DOC IMO
***********
Thunderhawk: China’s yuan overtakes yen to become 4th most-used currency
China’s yuan overtook the Japanese yen to ascend to fourth place among the most-used currencies in the global payment system in August, according to the Society for Worldwide Financial Telecommunications (SWIFT).
On Tuesday, Swift, the financial-messaging service said the yuan is now only after the U.S. dollar, the euro and the sterling in currency rankings.
The announcement boosts China’s attempts to promote the yuan as an international reserve currency.
Global yuan payments increased in value by 9.13 per cent in August, Swift said on Tuesday.
The Chinese currency reached a record high market share of 2.79 per cent in global payments for the month.
More than 100 countries used the yuan for payments in August, of which over 90 percent of flows were concentrated in 10 countries. Singapore processed 24.4 percent followed by the United Kingdom with 21.6 percent.
More than 1,700 financial institutions made worldwide payments in the yuan, up 14 percent from a year earlier.
China has called for the International Monetary Fund to add the yuan to its basket of four reserve currencies, known as Special Drawing Rights, or SDRs.
The share of cross-border payments using Chinese currency across Asia rose from 24 per cent to 33 per cent in 12 months ending July this year, SWIFT said last month.
The rising share of yuan-denominated transactions is fueled by growing adoption of the Chinese currency across several Asian economies thanks to clearing centers established with China’s major trade partners in the region.
“The appointment of clearing centers in Taipei, Singapore, Seoul and more recently Sydney and Kuala Lumpur clearly promotes the use of the currency for global trade and finance across the region,” said Michael Moon, SWIFT’s head of payments for Asia Pacific.
http://ift.tt/1OlAIr7
AND LETS NOT FORGET CHEATING THAT HAS BEEN AN ONGOING ISSUE WITH OPEC IN THE PAST!
WEDNESDAY WILL GIVE US A WEEKLY UPDATE ON WHERE WE ARE SINCE THAT IS WHEN THE OIL REPORTS COME OUT! REALIZE THIS DIRECTLY AFFECTS CURRENCY VALUES!
DOC IMO
**********
Thunderhawk: Backdoc Alert
Gross, Seeing Stocks Plunging 10%, Urges Flight to Cash
Bill Gross, who in January predicted that many asset classes would end the year lower, said U.S. equities have another 10 percent to fall and investors should sit out the current volatility in cash.
The whipsaw market reaction to the lackluster U.S. jobs report last week shows that markets, especially stocks, high-yield bonds and some emerging market debt, are trading like a casino, Gross said in an interview on Friday. He was speaking from a cruise ship which had taken shelter near New York City amid stormy weather over the Atlantic.
Gross, who earlier made prescient calls on German bunds and Chinese equities, said U.S. stocks will drop another 10 percent because economic conditions don’t support a rally like in 2013, when corporate profits were going up. Today they are flat-lining and low commodity prices are hurting energy companies, said the manager of the $1.4 billion Janus Global Unconstrained Bond Fund. Read More at:
http://ift.tt/1OTWUso
************
Backdoc: INVESTORS SHOULD NEVER BE BRAVE, THEY NEED TO BE SMART!
ANYTIME WE BUY SOMETHING IT SHOULD BE BASED ON WHETHER ITS VALUE IS RIGHT!
TO BUY ON FAITH SOUNDS LIKE SOMEONE BIG IS SELLING AND WANTS OUT! HEE HEE
**********
Thunderhawk: Backdoc Alert
Citigroup Says Investors Should Be 'Brave' and Buy Stocks
Markets have staged quite the comeback, with the Dow Jones Industrial Average up more than 700 points since Friday's low.
All the upwards activity has brought out a few market bulls, most notably Citigroup analysts led by Robert Buckland who are now urging investors to screw their courage to the sticking place and stick some money into stocks.
Read More:
http://ift.tt/1NjelT8
************
Backdoc: UNFORTUNATELY, THE TPP MAY BRING A LITTLE MORE OF THE SAME!
THERE IS A GLOBAL CONCERTED EFFORT TO REDUCE EXTREME POVERTY WORLD WIDE AS ARTICLES HAVE RECENTLY STATED.
TO DO THAT MEANS MANY COUNTRIES THAT HAVE DONE VERY WELL WILL NOT DO AS WELL GOING FORWARD AS OTHER COUNTRIES WILL DO MUCH BETTER!
VIETNAM APPEARS TO BE A BIG BIG WINNER!!
**********
Thunderhawk: Backdoc Alert
America's Trade Gap Widened in August by Most in Five Months
The U.S. trade deficit widened in August by the most in five months as imports picked up and weaker overseas growth limited sales to customers abroad.
The gap increased 15.6 percent to $48.3 billion from a revised $41.8 billion in July, the Commerce Department reported Tuesday. The median forecast in a Bloomberg survey of economists called for a deficit of $48 billion. Exports of goods dropped to the lowest level since June 2011.
Read More:
http://ift.tt/1Q4jsEh
************
Backdoc: IT SEEMS OBVIOUS NOW THAT MOST OF THE EU IS HEADED DOWN A PATH TOWARD ANTI- AUSTERITY! DOC IMO
***********
Thunderhawk: Backdoc Alert
Reform Is Working for Portugal
If no good deed goes unpunished, then Portuguese Prime Minister Pedro Passos Coelho got off lightly in Sunday's elections. After overseeing reforms that kept the Portuguese economy from getting worse, his ruling coalition is much smaller -- but for now, at least, it looks like he will still be at the head of the government.
Politicians in Greece (and other economically struggling European nations) take note: Voters will put up with painful economic reforms so long as the remedy seems to be working. For the past four years, Portugal has been striving to honor the terms of the 78 billion euro bailout it received in 2011 from the International Monetary Fund and the European Union. Its efforts have made it a star reformer among Europe's struggling economies.
Read More at:
http://ift.tt/1MW2ZRO
************
Backdoc: AT LEAST FOR THE SHORT TERM WE ARE APPROACHING THE 200 DAY MOVING AVERAGE ON BLACK GOLD.
AS WE SEE OIL APPROACH THAT 51 DOLLAR PRICE PER BARREL WE WILL SEE IF ENOUGH OF "THE DEAL" WILL HAVE BEEN IMPLEMENTED YET?
IS HE IS? OR IS HE ISN'T? HEE HEE WE WILL SEE REAL SOON! DOC IMO
**********
Thunderhawk: Backdoc Alert
VIDEO: The crude oil chart looks a lot like 1985: BNP Paribas
Crude oil soared nearly 5 percent Tuesday to its highest level in more than a month after U.S. government data showed a decline in production. The commodity has now rallied more than 27 percent from its August low, and the recent move is giving one expert major flashbacks.
"Comparing 1985 to 2015 in crude, there are a few similarities to highlight," Darren Wolfberg told CNBC's "Futures Now" on Tuesday. "Back in 1985 we saw a 69 percent sell-off in crude, we can call it a crude depression, and I think we've seen a similar pricing pattern now where crude oil fell 61 percent from its June 2014 high to March 2015 low." Read More at:
http://ift.tt/1j5930g
************
Backdoc: THIS SEEMS TO BE A NATURAL MOVE ESPECIALLY IF THE YUAN SLIPS INTO THE SDR IN NOVEMBER! LOL DOC IMO
***********
Thunderhawk: China’s yuan overtakes yen to become 4th most-used currency
China’s yuan overtook the Japanese yen to ascend to fourth place among the most-used currencies in the global payment system in August, according to the Society for Worldwide Financial Telecommunications (SWIFT).
On Tuesday, Swift, the financial-messaging service said the yuan is now only after the U.S. dollar, the euro and the sterling in currency rankings.
The announcement boosts China’s attempts to promote the yuan as an international reserve currency.
Global yuan payments increased in value by 9.13 per cent in August, Swift said on Tuesday.
The Chinese currency reached a record high market share of 2.79 per cent in global payments for the month.
More than 100 countries used the yuan for payments in August, of which over 90 percent of flows were concentrated in 10 countries. Singapore processed 24.4 percent followed by the United Kingdom with 21.6 percent.
More than 1,700 financial institutions made worldwide payments in the yuan, up 14 percent from a year earlier.
China has called for the International Monetary Fund to add the yuan to its basket of four reserve currencies, known as Special Drawing Rights, or SDRs.
The share of cross-border payments using Chinese currency across Asia rose from 24 per cent to 33 per cent in 12 months ending July this year, SWIFT said last month.
The rising share of yuan-denominated transactions is fueled by growing adoption of the Chinese currency across several Asian economies thanks to clearing centers established with China’s major trade partners in the region.
“The appointment of clearing centers in Taipei, Singapore, Seoul and more recently Sydney and Kuala Lumpur clearly promotes the use of the currency for global trade and finance across the region,” said Michael Moon, SWIFT’s head of payments for Asia Pacific.
http://ift.tt/1OlAIr7
Backdoc: WELL, WELL, THUNDER, COULD THIS BE A FIRST MOVE TO SLASH EXPENSES FOR THE "MAIN EVENT" ??? OHH YA!
WITH MONEY RUNNING OUT IN NOVEMBER THE GOOD OLE USA NEEDS A TICKET TO RIDE SO SHE DON'T CARE!
EVEN IF HER TICKET IS IN HER HAND WE MAY LIMP THROUGH ANOTHER YEAR WITH A STUBBORN NON COMPROMISING PRESIDENT UNWILLING TO DEFUND HIS UNAFFORDABLE SIGNATURE LEGISLATION! DOC IMO
**********
Thunderhawk: Justice Dept to Release 6,000 Prisoners in Largest One-Time Release
The US Justice Department later this month will start releasing the first of 6,000 inmates from federal prisons nationwide in what will end up as the largest one-time release of convicts in the country's history.
The release is part of an effort to reduce prison overcrowding and give relief to minor drug offenders who were slapped with harsh sentences over the past 30 years.
Most of the prisoners freed by the department's Bureau of Prisons between October 30 and November 2 will go to halfway houses and home confinement before being put on supervised release, the Washington Post reports.
The release was facilitated by the US Sentencing Commission – an independent agency that sets sentencing policies for federal crimes – which reduced the potential punishment for future drug offenders last year and then applied the change retroactively, the newspaper reports.
The commission estimates that its change in sentencing guidelines eventually could result in the release of 46,000 of the nation's approximately 100,000 drug offenders in federal prison qualifying for early release.
Along with the commission's action, Justice Department prosecutors decided not to charge low-level, nonviolent drug offenders not connected to gangs or major drug organizations with offenses that carry severe mandatory sentences, the Post reports.
Although some of the inmates who will be released have served decades, on average they will have served 8.5 years, according to a Justice Department official who spoke with the Post.
Each inmate must petition a judge, who decides whether to grant the sentencing reduction. Judges nationwide are granting about 70 sentence reductions per week, Justice officials said, but some inmates have been denied a reduction.
About one third of the prisoners being released are foreign nationals and will be deported shortly after they are free, justice officials have said.
The United States still leads the world in incarceration with 2.2 million people currently in the nation's prisons or jails – a 500% increase over the past thirty years, according to the Sentencing Project.
http://ift.tt/1VChIJ5
WITH MONEY RUNNING OUT IN NOVEMBER THE GOOD OLE USA NEEDS A TICKET TO RIDE SO SHE DON'T CARE!
EVEN IF HER TICKET IS IN HER HAND WE MAY LIMP THROUGH ANOTHER YEAR WITH A STUBBORN NON COMPROMISING PRESIDENT UNWILLING TO DEFUND HIS UNAFFORDABLE SIGNATURE LEGISLATION! DOC IMO
**********
Thunderhawk: Justice Dept to Release 6,000 Prisoners in Largest One-Time Release
The US Justice Department later this month will start releasing the first of 6,000 inmates from federal prisons nationwide in what will end up as the largest one-time release of convicts in the country's history.
The release is part of an effort to reduce prison overcrowding and give relief to minor drug offenders who were slapped with harsh sentences over the past 30 years.
Most of the prisoners freed by the department's Bureau of Prisons between October 30 and November 2 will go to halfway houses and home confinement before being put on supervised release, the Washington Post reports.
The release was facilitated by the US Sentencing Commission – an independent agency that sets sentencing policies for federal crimes – which reduced the potential punishment for future drug offenders last year and then applied the change retroactively, the newspaper reports.
The commission estimates that its change in sentencing guidelines eventually could result in the release of 46,000 of the nation's approximately 100,000 drug offenders in federal prison qualifying for early release.
Along with the commission's action, Justice Department prosecutors decided not to charge low-level, nonviolent drug offenders not connected to gangs or major drug organizations with offenses that carry severe mandatory sentences, the Post reports.
Although some of the inmates who will be released have served decades, on average they will have served 8.5 years, according to a Justice Department official who spoke with the Post.
Each inmate must petition a judge, who decides whether to grant the sentencing reduction. Judges nationwide are granting about 70 sentence reductions per week, Justice officials said, but some inmates have been denied a reduction.
About one third of the prisoners being released are foreign nationals and will be deported shortly after they are free, justice officials have said.
The United States still leads the world in incarceration with 2.2 million people currently in the nation's prisons or jails – a 500% increase over the past thirty years, according to the Sentencing Project.
http://ift.tt/1VChIJ5
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