Proverbs 22:3 NLT

A prudent person foresees danger and takes precautions. The simpleton goes blindly on and suffers the consequences.

-- (((Charles Finney, said the following: “If
there is a decay of conscience, the pulpit is responsible for it))) --


THOSE WHO WILL DO NOTHING NOW, WHEN IT COSTS THEM LITTLE - WILL DO EVEN LESS LATER, WHEN IT COST THEM EVEN MORE


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Investment Watch

X22 Report is a daily show that will cover issues surrounding the economic collapse

Saturday, July 2, 2016

ISIS STRIKES IN BANGLADESH... / Homelessness grows in Hawaii... / Americans clueless about Independence Day... / Italy Just Bailed Out Another Failed Bank, May Use Pension Funds For Future Bank Rescues / Obama Signs Bailout Order for Puerto Rico / Italy Granted 'Extraordinary ' €150BN Bank Bailout Program To Prevent 'Panic, Run On Deposits' / U.N. DENIES KNOWLEDGE OF MILITARY TRUCKS LABELED ‘U.N.’…”‘These are not our vehicles … We don’t have vehicles'” / HORROR! TSA Beats Disabled Girl Bloody at Memphis Airport (Video) / GUN CONTROL VOTE SET FOR NEXT WEEK / FEMA PREPARING FOR 395% FOOD PRICE SPIKE IN USA / Schools ‘Reprogram’ Kids Over Trump ‘Rhetoric’ An official in the Washington education department has sent an email to the state’s schools urging them to prepare students for “increasing levels of fear and anxiety” because of the so-called Trump effect. / Here's who is going to get crushed by the coming 'tsunami' in the debt market It's going to get ugly in the bond market soon, and there are a few companies that have more reason to worry than others. / Clinton Is Spending $500k A Day On TV Ads While Trump Spends Nothing / Should America Follow Texas’ Secessionist Movement?


LYNCH IN A PINCH!

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  ISIS STRIKES IN BANGLADESH...

Hostages Seized, Explosives Detonated in Restaurant...

Foreigners among the captive...

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Homelessness grows in Hawaii...

San Fran mulls 'tech tax' to house poor...

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VIDEO: 4th of July Zombies...

Americans clueless about Independence Day...


Crack down on USA pride...

Town can't afford to fly flags -- insurance too expensive...

Chicago cops prep for violent weekend...

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4th 'flesh-eating' victim TX...

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Italy Just Bailed Out Another Failed Bank, May Use Pension Funds For Future Bank Rescues

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Puerto Rico
Obama Signs Bailout Order for Puerto Rico Puerto Rico authorized suspension of payments on its general obligation debt on Thursday just minutes after U.S. President Barack Obama signed a law creating a federal oversight board with authority to negotiate the restructuring of the island’s $70 billion in debt. The executive order issued by Puerto Rico’s governor, Alejandro Garcia Padilla, comes just one 
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fbi-raid
FBI Tells Florida to Deny Public Records Request On Massacre While Attorney General Loretta Lynch holds firm to her claim that the motive of Orlando terrorist Omar Mateen may never be known, the FBI is instructing Florida agencies that responded to the attack that night to deny requests for public records pertaining to the case. Mateen called police several times during the three hour ordeal to 
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 Italy Granted 'Extraordinary ' €150BN Bank Bailout Program To Prevent 'Panic, Run On Deposits' 
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Taiwan warship accidentally fires 'aircraft carrier killer' missile with a range of 200 miles towards China killing a fishermen 
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Trump protests turn violent in Denver, 3 arrested

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Pershing Square Lays Off More Than 10% Of Employees


Commerzbank To Cut Over 100 Bankers In NYC

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 U.N. DENIES KNOWLEDGE OF MILITARY TRUCKS LABELED ‘U.N.’…”‘These are not our vehicles … We don’t have vehicles'”

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tsa bloodied girl

HORROR! TSA Beats Disabled Girl Bloody at Memphis Airport (Video)

Jul 1st, 2016 5:56 pm by
TSA agents beat a disabled girl with a brain tumor bloody in Memphis on her way home from the hospital. ...

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GUN CONTROL VOTE SET FOR NEXT WEEK 

 House Speaker Paul Ryan (R-Wisc.) will allow a vote on legislation dealing with terrorism and guns next week.
The details of the legislation have not been made available, but Roll Call reports that Ryan told House Republicans about the vote during a June 30 conference call.

During the call, Ryan said it is “common sense that suspects on terror watch lists not be able to buy guns.” His announcement of this scheduled vote comes one week after House Democrats ended their 25-hour sit-in for gun control.


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FEMA PREPARING FOR 395% FOOD PRICE SPIKE IN USA


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Gerald Celente - TREND ALERT: Bigger than Brexit: Market Mayhem. Will Gold Glow?


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trump prophecy
Schools ‘Reprogram’ Kids Over Trump ‘Rhetoric’ An official in the Washington education department has sent an email to the state’s schools urging them to prepare students for “increasing levels of fear and anxiety” because of the so-called Trump effect. Teachers are told to create “safe places,” plan for “recovery” from election rhetoric, incorporate election-related lessons in the classroom, and provide students
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It's going to get ugly in the bond market soon, and there are a few companies that have more reason to worry than others.
Matthew Mish, a credit strategist at UBS, has been worried about the bond market for some time now.
The combination of lower profits, higher borrowing costs, and tighter lending standards has him calling for a "tsunami" of defaults to hit the high-yield-bond market soon.
This wave, however, will not treat each sector equally, according to Mish.
The energy sector is already getting demolished by high-yield defaults, and it will not be the last to feel the pain.
"Bottom line, while no mosaic is ever clear and complete, these trends infer a series of shallower, more broad-based default waves which will likely be concentrated in (non-bank) financials, industrials, tech, retail and healthcare," wrote Mish in a note to clients on Thursday.
"Investors should be more cautious and selective when allocating to these industries given defaults tend to be clustered and fat tailed."
Mish argued that the amount of debt issued is not just important to look at going back to the financial crisis, but all the way back to 2003 after the tech bubble burst.
"Historically, debt growth has been one potential harbinger of future stresses (e.g., telecommunications in the late 90s) – a topic we have discussed in prior research," said Mish.
"However, one of the facets of the last credit cycle is that while peak default rates hit all-time highs, cumulative default rates were remarkably shallow in the context of the economic environment. Why? In our view, central banks cut the cycle short, eased policy aggressively and liquefied the credit system."
Thus, credit growth back to 2003 is an important metric and the five sectors that Mish mentioned experienced a boom in debt issuance. For example, the finance industry has increased its outstanding high-yield debt by 720% since 2003 and tech has seen a 420% jump in that timeframe.
Screen Shot 2016 07 01 at 10.47.21 AM UBS
This debt is just the "kindling for the fire" according to Mish. As we've noted before, the concern isn't total debt issued, it is the ability of those indebted companies to pay back what they owe. With profits on the slide for these sectors, it will be harder for them to keep up with their obligations.
Mish points to the current trends in speculative grade debt, the most risky bonds, and argues that they are signaling a large problem for borrowers is on the way.
Almost every sector Mish identified as a problem area has seen a serious uptick in speculative grade defaults in the past few months, which signals that the default wave is going to come crashing down on the five sectors in the near future.
For example, in financials the speculative grade default rate was 7.2% at the end of April, according to data from Mish. Just six months ago the rate was sitting at 1%. In industrials, it climbed to 2.6% from 0.9% six months ago.
The combination of high levels of issuance and deteriorating profitability will end up in pain for retail, financials, industrials, tech, and healthcare companies.
 Here's who is going to get crushed by the coming 'tsunami' in the debt market
It's going to get ugly in the bond market soon, and there are a few companies that have more reason to worry than others. Matthew Mish, a credit strategist at UBS, has been worried about the bond market for some time now.  
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Hacked Emails Confirm NATO Push To Provoke, Escalate Conflict With Russia

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Brexit Simplified

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Clinton Is Spending $500k A Day On TV Ads While Trump Spends Nothing

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 Englishman James Delingpole wrote a stunning article for Breitbart News that was entitled “If You Truly Believe In Britain There’s Only One Way To Vote Today…”

In the article, Dalingpole offered a tribute to his nationalist patriotism and what his love of the UK means to him:

     “…a heartfelt sympathy with our island story–-1066; Magna Carta; the Civil War; the Glorious Revolution; Waterloo; 1940 “Our Finest Hour”; and so on; and an appreciation of the achievements of the heroes and heroines who made it possible, from Alfred the Great through to Queen Elizabeth I, from Shakespeare to Elgar, from Florence Nightingale and Isambard Kingdom Brunel to Churchill and Margaret Thatcher.

    And knowing that the European Union is the conscious and deliberate obliteration of all valued European traditions, we can quickly see that a true English patriot had no choice but to vote “Leave.” Indeed, the EU is a peculiarly toxic beast that should be offensive to patriots of all countries: It’s one part Orwellian Superstate, one part politically correct playpen, and one part welfare-funding source for future Islamist terrorists, all serving the financial interests of a few big banks and financiers.

Should America Follow Texas’ Secessionist Movement?


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