Clik here to view.
“Paper Money Disappears” Among Nomura’s 10 Grey Swan Events For 2017
From "the end of cash" to "Trump muzzling The Fed" to "Russia going on the warpath", Nomura unveils its unlikely-but-impactful grey swan scenarios for 2017… As Nomura writes, while we would like to be...
View ArticleClik here to view.
Breslow Turns Bullish: “Don’t Assume Each Event Will End Badly”
After a period of several weeks in which Bloomberg’s macro/FX commentator Richard Breslow took a tentative gamble on the skeptical, if not outright bearish, side in this morning’s note the former FX...
View ArticleClik here to view.
Sanctions, What Sanctions? Russian Credit Risk Collapses To 4-Year Lows
After more than three years of US sanctions (and almost a year of constant attacks from the western media) Russian credit risk has collapsed to its lowest level since September 2013. As Bloomberg...
View ArticleClik here to view.
Yellen Warns Of “Algo Presence” In Markets, Fears “Risks Of Excessive Optimism”
While we will not see her speech or Q&A, the much anticipated speech on financial stability from Janet Yellen has just dropped. While expectations were for a 'snoozefest' speech, market volatility...
View ArticleClik here to view.
US Debt Ceiling, The Wall, Runaway Spending, & The Lack Of Evidence Of...
Via Snake Hole Lounge blog, The US Statutory Debt Limit, a failed tool to halt the endless growth of Federal debt issuance, is once again in play at nearly $20 trillion. It was only at $6 trillion in...
View ArticleClik here to view.
Are Cryptocurrencies Inflationary?
Are Cryptocurrencies Inflationary? Posted with permission and written by John Rubino, Dollar Collapse There’s a debate raging over what, exactly, bitcoin and the thousand or so other...
View ArticleClik here to view.
“They’re Ba-ack!”– Citi Says Synthetic CDOs May Reach $100 Billion In 2017,...
35-year-old Jia Chen of Citibank probably has no idea where that title quote above came from. That’s because she was roughly 4 years old when Poltergeist II hit theaters back in 1986… …that said,...
View ArticleClik here to view.
Venezuela Signs $3.2 Billion Debt Restructuring Deal With Russia
As Venezuela teeters right on the brink of complete financial collapse, Bloomberg reports that Russia has agreed to restructure roughly $3.2 billion in outstanding obligations. While details of the...
View ArticleClik here to view.
Bitcoin Surges Near $8000 Record Highs After Venezuela Default
We have already discussed the hyperbitcoinization of the Venezuelan economy and it appears, judging by the most recent surge, that tonight's 'official' default events for the sovereign (and PDVSA) have...
View ArticleClik here to view.
Who’s Next? Venezuela’s Collapse Puts These Nations At Risk
"It's a wake-up call for a lot of people who will say ‘Look, the stuff I own is actually very risky'…" warns Ray Jian, who oversees about $6 billion at Pioneer Investment Management Ltd. in London....
View Article
