Comment: ZH: Its a BULLARD market, the FED jaw boning is keeping the market up!
Comment: RTT: World trade near 2008/09 lows. SP500 near all time highs. PLACE YOUR BETS! Roll up! Roll up!
Comment: James Rickards-- Central Banks Will Send Gold to $10,000 or Higher youtu.be/J2j3msGymws
Comment: RTT: As of February 2016, approx. $7 trillion in government bonds were sporting negative yields-to-maturity. WTF!!!!
Comment: ZH.."Denmark’s central bank governor, Lars Rohde comments that monetary policy has reached its limit. "We have reached a point where monetary policy no longer has a big overall impact,’’ he said on Monday. "[It's] overstreched [and] there’s a limit to what more one can do’."...RTT: Point Negative interest rates is the END GAME! The Central banker powers beyond negative rates is ZERO or Nil or Nada or Zip! They will have to BUY ASSETS directly! Thus there is NO market for price discovery!
Comment: RTT: Interest rates are at ZERO which means everything is miss priced! Returning to the norm will happen, and it wont be nice!
Comment: RTT: Official US Recession calls are not made by the NBER until we are deep in the mud of a down turn!
Comment: What Is The Yield Curve Suggesting For Markets? - Mike Maloney youtu.be/YfIn9AfFPPQ RTT: The rigged game!
Comment: The Largest Leak In History, What You Need To Know About The Panama Papers youtu.be/kLUt98r4Fgs
Comment: Panama Papers, Complete Inside Job by Real Elites youtu.be/hHY3ncyrNUA
Comment: Swiss bank - Fair call!
Comment: REMINDER: What else did Soros fund next to Panama Papers RTT: Prick! youtu.be/SY05IONScXE
Comment: RTT: European bank stocks follow Germany 10yr note down to Mordor (negative rates), Stock DB sinks to dangerous new lows! Boom!
Comment: RTT: More and more DEBT to get the same dollar of GDP. tic tic tic
Comment: Are Small Cap Stocks Giving Clues to a Top? youtu.be/3rw1q7lMqX0
Comment: According to DoubleLine's Jeff Gundlach, this is his favorite chart - backing his perspective that equity markets have "2% upside and 20% downside) from here. In his words: "These lines will converge..."
Comment: Where is the End of the Rally? youtu.be/nTDtxNl4Tu8
Comment: Who owns Hillary: youtu.be/fO-jQFKyeeI
Comment: ZH: Specifically, what Bloomberg fails to note is that as everyone else has been selling, corporations have unleashed the biggest debt-funded stock buyback spree in history, providing the natural offset to wholesale selling by virtually everyone else, and allowing the market to barely dip over the past year.
Comment: ZHedge: These are the lowest earnings expectations since April 2015. Who needs "mother's milk" anyway when you have The Fed, The ECB, The BoJ, and The PBOC??!! What a total farce! RTT: It is not real folks!
Comment: Why the Fed's Magic Trick Won't Work | Robert P. Murphy RTT: The last 3 min is excellent. youtu.be/SNOVd8rWyG8
Comment: As CS' Josh Lukeman notes, the degree of hedging we’re seeing as we go higher illustrated in the CS Fear index (now at all-time highs) suggests institutional investors are not believers in the equity rally. RTT : Institutional investors have brown pants on!
Comment: RTT: Central bankers chain is pulled by the Presidents, Prime Ministers and Big Bankers!.
Comment: Trump 25 years ago: Not such a nutter ! youtu.be/MOKi5YeNtRI
Comment: RTT: PONZI in its purist form! www.bloomberg.com...
Comment: RTT: History does not always repeat but it sure does rhyme! Review the Tulip mania story here : en.wikipedia.org/... add on: Housing boom bust, Dot com boom bust, corporate credit boom bust, etc etc
Comment: Forward EPS Estimate Doesn't Have a Pulse RTT: More morphine! More morphine! (from central bankers!)
Comment: SP500 follows Nikki by 6 months : ZH www.zerohedge.com...
Comment: ZH: GDP is not keeping the market up!
Comment: ZH: SP500 earnings are NOT keeping the market up!
The man who accurately predicted four market crashes to the exact date each time has told Business Insider about three more dates to worry about.
Sandy Jadeja is a technical analyst and chief market strategist at Core Spreads.
Technical analysts use historical charts to spot patterns in the markets. They cannot tell you what event will move the markets. They can only tell you when a shift is likely to happen.
And we are in for some big bumps on the road to 2018, Jadeja said.
"We are currently in a very dangerous time zone between 2011 until 2018. This is an 84-year cycle [called the 'Time Cycle'] and the previous cycle appeared during 1928 until 1934 where the Great Depression took place," he said.
PROVIDING AN ORDER OF SUCCESSION WITHIN
THE DEPARTMENT OF THE TREASURY
By the authority vested in me as President by the Constitution and the laws of the United States of America, including the Federal Vacancies Reform Act of 1998, as amended, 5 U.S.C. 3345 et seq. (the "Act"), it is hereby ordered that:
Section 1. Subject to the provisions of section 3 of this Executive Order, the officers named in section 2, in the order listed, shall act as and perform the functions and duties of the office of Secretary of the Treasury (Secretary) during any period when both the Secretary and the Deputy Secretary of the Treasury have died, resigned, or are otherwise unable to perform the functions and duties of the office of Secretary.
Sec. 2. Order of Succession. (a) Under Secretaries of the Treasury, in the order in which they shall have taken the oath of office as such officers;
(b) General Counsel of the Department of the Treasury;
(c) Deputy Under Secretaries of the Treasury and those Assistant Secretaries of the Treasury appointed by the President by and with the consent of the Senate, in the order in which they shall have taken the oath of office as such officers; and
(d) the following officers of the Department of the Treasury, in the order listed:
(i) Chief of Staff;
(ii) Assistant Secretary for Management;
(iii) Fiscal Assistant Secretary;
(iv) Commissioner of Internal Revenue, Internal Revenue Service;
(v) Commissioner, Bureau of the Fiscal Service;
(vi) Deputy Commissioner, Fiscal Accounting and Shared Services, Bureau of the Fiscal Service; and
(vii) Commissioner, Wage and Investment Division, Internal Revenue Service.
Sec. 3. Exceptions. (a) No individual who is serving in an office listed in section 2(a)-(d) in an acting capacity shall, by virtue of so serving, act as Secretary pursuant to this Executive Order.
(b) Notwithstanding the provisions of this Executive Order, the President retains discretion, to the extent permitted by the Act, to depart from this Executive Order in designating an acting Secretary.
(c) No individual listed in section 2(a)-(d) shall act as Secretary unless that individual is otherwise eligible to serve under the Act.
Sec. 4. Revocation. Executive Order 13246 of December 18, 2001, and the Presidential Memorandum of March 19, 2002 ("Designation of Officers of the Department of the Treasury"), are hereby revoked.
Sec. 5. Judicial Review. This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.
BARACK OBAMA
THE WHITE HOUSE,
August 12, 2016.
