China buying up American companies at record rate...
/
Huge fireball crashes into Atlantic...
Explosion equal to 13,000 tons of TNT...
/
EMERGENCY: PUTIN THREATENS TO USE NUKES: Russia reportedly threatens Turkey with the use of tactical nuclear weapons if it launches invasion of Syria
/
Get ready America, debtors prisons are back, and in full swing
/
CURRENCY AND THE COLLAPSE OF THE ROMAN EMPIRE:MUST SEE THIS INFOGRAPHIC-SUBSTITUTE THE U.S. FOR ROME! - http://www.theburningplatform.com/2016/02/20/currency-and-the-collapse-of-the-roman-empire/
CURRENCY AND THE COLLAPSE OF THE ROMAN EMPIRE:MUST SEE THIS INFOGRAPHIC-SUBSTITUTE THE U.S. FOR ROME! - http://www.theburningplatform.com/2016/02/20/currency-and-the-collapse-of-the-roman-empire/
/
Russia wants to fly over US with advanced digital camera : Senior intelligence and military officials, however, worry that Russia is taking advantage of technological advances to violate the spirit of the treaty.
/
Why are CIA, DHS, NSA, FBI and FEMA retirees all bugging out in preparation for something big?
/
This Video Will Shock You! PROPHECY HAPPENING WORLDWIDE (2016-2017)
/
Explosion equal to 13,000 tons of TNT...
/
EMERGENCY: PUTIN THREATENS TO USE NUKES: Russia reportedly threatens Turkey with the use of tactical nuclear weapons if it launches invasion of Syria
/
Get ready America, debtors prisons are back, and in full swing
/
CURRENCY AND THE COLLAPSE OF THE ROMAN EMPIRE:MUST SEE THIS INFOGRAPHIC-SUBSTITUTE THE U.S. FOR ROME! - http://www.theburningplatform.com/2016/02/20/currency-and-the-collapse-of-the-roman-empire/
CURRENCY AND THE COLLAPSE OF THE ROMAN EMPIRE:MUST SEE THIS INFOGRAPHIC-SUBSTITUTE THE U.S. FOR ROME! - http://www.theburningplatform.com/2016/02/20/currency-and-the-collapse-of-the-roman-empire/
/
Russia wants to fly over US with advanced digital camera : Senior intelligence and military officials, however, worry that Russia is taking advantage of technological advances to violate the spirit of the treaty.
/
Why are CIA, DHS, NSA, FBI and FEMA retirees all bugging out in preparation for something big?
/
This Video Will Shock You! PROPHECY HAPPENING WORLDWIDE (2016-2017)
/
Recession 2016: In Some States, A Very Deep Economic Downturn Has Already Arrived
Did you know that there are some U.S. states that have already officially fallen into recession? Economic activity all over the planet is in the process of slowing down, and there are some areas of the country that are really starting to feel the pain. In particular, any state that is heavily dependent on the energy industry is hurting right now. During the years immediately following the last recession, the energy industry was the primary engine for the growth of good paying jobs in America, but now that process is completely reversing. All over the U.S. energy companies are going under, and thousands upon thousands of good jobs are being lost. (Read More....)/
North Korea warns U.S. of attack on homeland North Korea warned on Tuesday of harsh retaliation against South Korea and its ally the United States, which are preparing for annual joint military exercises next month amid heightened tensions following the North’s nuclear test and rocket launch. The North calls the annual exercises preparations for war and routinely vows to retaliate. “All the powerful
/
HHS: Immigrants with HIV, STDs now welcome in USA...
/
GS Bank's Troubling Thought Of The Week: "Are We Back In February 2008?"
/
Brazil Cut To Junk By All Three Ratings Agencies After Moody's Joins The Fray
/
By Brianna Acuesta
In a manual provided by the United States Air Force and originating from the Department of Defense, an “extremist” is described as someone who “will talk of individual liberties, states’ rights, and how to make the world a better place.”
The document was made available, along with 133 other documents from the Air Force, to legal watchdog Judicial Watch after they made a request through the Freedom of Information Act. Released in January 2013, the Defense Equal Opportunity Management Institute “student guide” is titled “Extremism” and says it is for “training purposes only.” But how are they supposed to separate what they learn about extremism as a student and not to apply it when they are in combat?
Founding Fathers Would Be Called “Extremists” Today, According To Department Of Defense
/
Will a Second Military Coup Finally Unseat Obama?
/
U.S. GENERAL: OBAMA 'AIDING AND ABETTING THE ENEMY' 'Why would we give Gitmo detainees the rights of every American citizen?'
/
Perfect Storm of Financial Collapse and WWIII-Michael Snyder:'Real economic activity is grinding to a halt' People want to think of it as an event or a single day or a month, but this is a process.'
/
HHS: Immigrants with HIV, STDs now welcome in USA...
/
GS Bank's Troubling Thought Of The Week: "Are We Back In February 2008?"
/
Brazil Cut To Junk By All Three Ratings Agencies After Moody's Joins The Fray
/
By Brianna Acuesta
In a manual provided by the United States Air Force and originating from the Department of Defense, an “extremist” is described as someone who “will talk of individual liberties, states’ rights, and how to make the world a better place.”
The document was made available, along with 133 other documents from the Air Force, to legal watchdog Judicial Watch after they made a request through the Freedom of Information Act. Released in January 2013, the Defense Equal Opportunity Management Institute “student guide” is titled “Extremism” and says it is for “training purposes only.” But how are they supposed to separate what they learn about extremism as a student and not to apply it when they are in combat?
Founding Fathers Would Be Called “Extremists” Today, According To Department Of Defense
/
Will a Second Military Coup Finally Unseat Obama?
/
U.S. GENERAL: OBAMA 'AIDING AND ABETTING THE ENEMY' 'Why would we give Gitmo detainees the rights of every American citizen?'
/
Perfect Storm of Financial Collapse and WWIII-Michael Snyder:'Real economic activity is grinding to a halt' People want to think of it as an event or a single day or a month, but this is a process.'
/
TRUMP WIN RATTLES CHINA
/
Florida DISNEY Worker Who Trained Foreign Replacement To Testify Before Congress...
FLASHBACK: DISNEY CEO endorses Rubio bill to expand foreign worker program...
/
HERE WE GO! Lexington Massachusetts Now Faces Semi-Automatic Gun Confiscation!
/
SAUDIS Launch Massive WARGAME with 20 Nations: LOOK AT THE WAR MATERIAL MOVING AGAINST SYRIA AND RUSSIA-THIS IS WHY TACTICAL NUKES WILL BE USED BY RUSSIA
/
/
The Subprime Auto Loan Meltdown Is Here
Uh oh – here we go again. Do you remember the subprime mortgage meltdown during the last financial crisis? Well, now a similar thing is happening with auto loans. The auto industry has been doing better than many other areas of the economy in recent years, but this “mini-boom” was fueled in large part by customers with subprime credit. According to Equifax, an astounding 23.5 percent of all new auto loans were made to subprime borrowers in 2015. At this point, there is a total of somewhere around $200 billion in subprime auto loans floating around out there, and many of these loans have been “repackaged” and sold to investors. I know – all of this sounds a little too close for comfort to what happened with subprime mortgages the last time around. We never seem to learn from our mistakes, and a lot of investors are going to end up paying the price. (Read More....)/
Another aftershock for Nepal; 5.4 magnitude quake creates panic
New Delhi: A 5.4 magnitude earthquake shook Nepal on Wednesday afternoon, creating panic in the Himalayan country. The earthquake, with its epicenter in Sindhupalchowk district of central Nepal, was felt at 3.07 p.m. Nepal local time.
/
Jim Rogers Warns "Governments Plan Is To Destroy The People Who Save"
/
Norway Warns Sweden Will Collapse, PM Will Defy Geneva Convention To Protect Border
/
"Credit Risk Is Growing," FDIC Warns As Loss Provisions Jump $3.8 Billion In 3 Months
/
Detroit Teachers Face "Payless Paydays" As Dilapidated School District Faces Financial Reckoning
/
Citi: "We Have A Problem"
/
Market Rises Despite Facts
Just when all the attention has focused on the resurgent Wall Street numbers comes a harsh reminder why it is an illusion.
Wal-Mart, the largest retailer now, not only reported dismal fourth quarter earnings but has downgraded its expected sales forecast for 2016, according to a Business Insider report. The troubled giant can trace part of its trouble to government but overall its trouble is a mere reflection of what is plaguing American retailers as they struggle to compete with lower consumer demands.
Wal-Mart made two significant moves last year. First the giant caved in and gave employees the hefty pay raises promoted by the Administration. The more ominous sign for consumers was the move to on-line shopping. The e-commerce area is attracting more competition but, as the on-line sales increase, more real stores close down--taking all those jobs and thus decreasing the number of average people with spending money.
BI research showed a single store closing in an area can set off a domino effect for others around it. In Wal-Mart's case there is a double-whammy in its report. The giant spent several billion on web operations to fight Amazon.com. Wal-Mart has found it on-line sales are slowing almost as fast as it in-store sales even though both remain in positive territory for now.
In 2015 Wal-Mart's on-line sales, by quarter, went from a 17% increase to 16% to 10% to 8%, year-over-year. It was noted these numbers exclude the impact of currency swings--which is a biggie for Wal-Mart since most of its inventory originates overseas. Putting the currency variations into the mix brings the reported numbers down significantly.
What startled the experts in studying the slippage was the lack of rebound in the fourth quarter. Keith Anderson of Profitero, an e-commerce analytics firm summed up the discouraging numbers succinctly. "The really troubling aspect of it is the fourth quarter is the fourth quarter. It's the holiday period."
After going through all the data, the single biggest contributor to Wal-Mart's decline might very well be the increased payroll its sales must now cover. Wal-Mart no longer has the cheapest prices available simply because its' payroll expense took such a massive percentage rise.
That's the retail side story that doesn't support the markets' rise the past 10 days. The other side of the coin is much more damaging to long-term prospects of an economic rebound.
Wall Street's biggest banks have boosted Treasury holdings to the largest level in more than two years. That is a clear warning sign for the Street. As of Feb. 10, the banks that underwrite the U.S. debt and then make a market in the securities trade held $113 billion in Treasurys because they couldn't sell them.
This move implies investors are unloading securities onto Wall Street banks which are then having trouble reselling the bonds. Thus the banks' woes are much more ominous for the economic prospects for 2016 than is the retail sale slide.
This is a deal where the only thing the paper traded had going for it was the goodwill of the U.S. government. Suddenly that goodwill is seemingly suspect. The middlemen in the bonds swap because normal customers are turning bearish and selling the paper.
This is a situation not unusual as government issues contain a degree of volatility even in great times. But the fact investors are also dumping European bonds in favor of U.S. fixed assets in the week just concluded comes as a warning in blinking red letters even the most obtuse can recognize.
Here is a product more demanded by investors by a 5:1 margin in the past week but still the demand is not enough for the security exchangers to unload its' U.S. bond shares. It is the same old story: "Sure things look bleak right now but you should have been here last week, they looked downright awful."
The markets are pushing back to the 17,000 level now. Except for the buyback programs, every normal piece of economic data points the markets downward. As mentioned earlier this month, the length of time for dividends earned to repay the stock investment is now over 29 years. Normal people, as retail sales suggest, are slowing spending, not increasing. That is cutting a large portion of the population out of the market so the support must be coming from inside the canyons of Wall Street and the Beltway to prop the illusion of prosperity.
The International Energy Agency opined recently that the oil glut will be with us for the foreseeable future. With retailers hurting (cutting into fuel used by transporters thus lengthening the glut period) and the bankers unable to unload U.S. securities added into a declining economic picture, the prospects of finding a growing sector outside financials is waning for the first quarter.
Without a backbone of support, the jellyfish of a stock market cannot run too far.
"I have sworn on the altar of God eternal hostility to every form of tyranny over the mind of man."--Thomas Jefferson
/
Crumbling American Economy Headed for Venezula-Style Collapse: “Worthless Cash; Nothing To Buy”
/
X22 Report:4 States Are In Recession And 3 Are On Their Way, This Will Spread Across The Country. 1 In 4 Americans Are On The Verge Of Their Own Economic Collapse
/
Crumbling American Economy Headed for Venezula-Style Collapse: “Worthless Cash; Nothing To Buy”
/
X22 Report:4 States Are In Recession And 3 Are On Their Way, This Will Spread Across The Country. 1 In 4 Americans Are On The Verge Of Their Own Economic Collapse
/
Oregon Standoff: Prosecutors Hint At Going After More People In March
/
Sheriff Blocks Feds from Harassing Farmer, Fighting Back Against Federal Overreach
No comments:
Post a Comment