Chinese Stocks Longest Win Streak Since Bubble Peak After CPI, Commodities Tumble; Philippines Exports Crash A busy night in Asia began with a total collapse in Philippines Exports (-24.7% YoY – the biggest miss since Lehman). This was quickly followed by a 0.3% drop (deflation) in CPI MoM (thanks to a drop in pork -1.9%, …
November 2015 archive
Nov 09
Today’s News November 9, 2015
A 14 Handle on Silver. Again. 14 Nov, 2015 What’s the difference between the Supply and Demand Report 1 November and the Supply and Demand Report 8 November? Just a minor punctuation change. Last week, we asked (rhetorically) if silver would have a 14 handle again. This week, the market answered. Why yes, yes we …
Nov 08
Today’s News November 8, 2015
"A Thin-Skinned Minority Is Ruining This Nation": Professor Crushes "Political Correctness" Wave Sweeping America In a time where college students are offended by pretty much everything, The Federalist Papers reports that one professor at UNC-Wilmington decided to cut through the rhetoric and let his students know that they aren’t the special snowflakes liberals and their …
Nov 07
Today’s News November 7, 2015
Is Washington Preparing For World War III? Submitted by Patrick Martin via WSWS.org, The US military-intelligence complex is engaged in systematic preparations for World War III. As far as the Pentagon is concerned, a military conflict with China and/or Russia is inevitable, and this prospect has become the driving force of its tactical and strategic …
Nov 06
Today’s News November 6, 2015
China's Re-Bubble – Stocks Soar 10% In 3 Days, 2nd Best Run Since 2014 Because nothing says ‘stability’ like a 10% surge in the ‘price’ of stocks in 3 days. Having trodden water between in a narrow range for a month, the last 3 days (ahead of US payrolls and China’s weekend) are the biggest …
Nov 05
Today’s News November 5, 2015
The Tools Collectivists Use To Gain Power Submitted by Brandon Smith via Alt-Market.com, While many divisions within our society are arbitrary or engineered, there is one division that represents perhaps the most pervasive and important conflict of our time; the division between collectivists and individualists. Now, people who do not understand the nature of collectivism …
Nov 04
Today’s News November 4, 2015
Bitcoin Soars To 14-Month Highs As Major Exchange Eases Access For Chinese Bitcoin, at $444, is now up over 100% since we suggested, in early September, it would become the conduit for Chinese capital outflows following China's crackdown on capital controls. This afternoon's sudden BIS-induced plunge, taking the virtual currency down $50, has been entirely …
Nov 03
Today’s News November 3, 2015
Key Apple Supplier Halts Hiring Due To Poor iPhone Sales Two months ago, Tim Cook reportedly wrote Jim Cramer that everything was awesome with iPhone sales in China. Days later, channel checks appeared to call Cook's statement into question. Several day ago, one of Apple's component makers – Dialog Semi – issued cautious guidance strongly …
Nov 02
Today’s News November 2, 2015
Q&A: Will China Stop Its Bleeding with Even Tighter Capital Controls? By Chris at www.CapitalistExploits.at Let’s look at a couple of questions from the readers today, shall we? Hi Chris, I love your sharing of thoughts. Really insightful and though you may not realise it, you’ve helped me a lot. I’m an entrepreneur running flat …
Nov 01
Today’s News November 1, 2015
The Empty Bus From the Slope of Hope: With all the grousing and grumbling I do here, I thought I’d change my tone and write up a genuinely positive, optimistic post. This has to do with what I think will be a tectonic shift over the next twenty years: transportation. As dull as that sounds, I think …
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