101514 Gleaning Dominos Falling Babylon Bond Bombs Away The Measure Of A 666 Satanic Obozo NWO Team Man Knowing His Time Is Short Now Upon The Last Generation Earth Magnetic Pole Reversal Confirmation Within Shemitah Blood Moon Tetrad Revelation As Second Texas Healthcare Worker Has Ebola Just Before Comet Siding Spring Lights Up Mars
The richest 1% of the world’s population are getting wealthier, owning more than 48% of global wealth, according to a report published on Tuesday which warned growing inequality could be a trigger for recession.
According to the Credit Suisse global wealth report (pdf), a person needs just $3,650 – including the value of equity in their home – to be among the wealthiest half of world citizens. However, more than $77,000 is required to be a member of the top 10% of global wealth holders, and $798,000 to belong to the top 1%.
“Taken together, the bottom half of the global population own less than 1% of total wealth. In sharp contrast, the richest decile hold 87% of the world’s wealth, and the top percentile alone account for 48.2% of global assets,” said the annual report, now in its fifth year.
The report, which calculates that total global wealth has grown to a new record – $263tn, more than twice the $117tn calculated for 2000 – found that the UK was the only country in the G7 to have recorded rising inequality in the 21st century.
The $20.1tn rise in global wealth over the past year is the largest recorded since 2007. The total has risen every year since 2008 and is now 20% above its pre-crisis peak, the report said.
Wealth in the US in the past year had grown by as much as the $12.3tn the country lost in the financial crisis.
China now has more people in the top 10% of global wealth holders than any other country except for the US and Japan, having moved into third place in the rankings by overtaking France, Germany, Italy and the United Kingdom.
All of that suggests, stongly, that none of this is by accident….. none can be blamed on incompetence…. and those so-called “conspiracy theorists” that worry about martial law being implemented and the government just needed a reason, or that mandatory vaccinations would be forced upon the people, and most importantly, that all of this was planned, organized and implemented….. might just be right.
Consider one last thing -when the global community decided to help west Africa, Cuba sent doctors, the US sent US Military troops to the streets of west Africa.
Does anyone truly believe they will handle things any differently on America streets in US cities?
So this time is different. The gamblers are scampering around the casino fixing to buy the dip as soon as white smoke wafts from the Eccles Building. But none is coming. For the first time in 25- years, the Wall Street gamblers are home alone.
But, but, but they said it wasn’t contagious unless you came into contact with bodily fluids. According to the CDC, the 2nd health-care worker infected with Ebola traveled on Frontier Flight 1143 from Cleveland to Dallas on October 13th and are asking all 132 passengers on the flight to get tested. One question… what about the thousands of people that those 132 passengers came in contact with in the last 2 days?
Perhaps even more concerning is that the CDC appears to have given the second nurse infected with Ebola permission to fly (despite her reporting she had an elevated temperature), as CBS reports:
CBS News Medical Correspondent Dr. John LaPook reports that Vinson called the CDC several times before boarding the plane concerned about her fever.
“This nurse, Nurse Vinson, did in fact call the CDC several times before taking that flight and said she has a temperature, a fever of 99.5, and the person at the CDC looked at a chart and because her temperature wasn’t 100.4 or higher she didn’t officially fall into the category of high risk.”
Welcome to the new normal American police state.
The selloff Wednesday marked an acceleration of selling amid fears of a global economic slowdown, dangerously low inflation in Europe and ripples from a steep drop in oil prices. Feeding the gloom Wednesday morning was a weaker-than-expected report on U.S. consumer spending.
After tumbling around 370 points shortly after the open, the Dow Jones Industrial Average was down nearly 200 points, or 1.2%, to 16117. The blue-chip benchmark is on course for a five-session losing streak.
The S&P 500 dropped 17 points, or 0.9%, to 1862 and the Nasdaq Composite Index declined 27 points, or 0.7%, to 4197.
Demand for haven government bonds sent yields on benchmarks to fresh lows. The yield on the benchmark 10-year Treasury note dropped to 1.979% from 2.206% late on Tuesday. Bond yields fall when prices rise.
“There’s a lot of pain out there,” said Dave Lutz, head of exchange-traded fund trading at JonesTrading Institutional Services.
Despite ex-CFTC-chief Bart Chilton’s exclamation that “this is the safest market ever,” Nanex’s Eric Hunsader explains this morning’s manic trading activity saw stocks suffer the most mini-flash-crashes since Summer 2012’s Knight Capital collapse…
Whether it is due to the PPT, the NY Fed’s brand new Chicago/HFT office, Citadel’s more than arms-length transactions with Liberty 33, the BIS, or merely a frenzy covering of short, the market has so far managed to rebound modestly from its lows, if only to VWAP (as algos always do), although the day is certainly young.
But while the rigged market is so far creeking along supported by every central planner in thehouse, one casualty of the market is Marketwatch.com, where instead of the daily cheerful headlines, readers are greeted by:
”We are experiencing technical diffiCULTies” <—LMAO
The first report summarizing today’s stunning market action comes from FBN’s Jeremy Klein, who is out with this blurb:
In the first 15 minutes of trading the S&P 500 E-Minis traded below the S&P 500 cash index despite a fair basis, according to Bloomberg, of -6.72. This is unheard of and something I have never witnessed in my near fourteen year career on the Street. I can only conclude that many large institutions threw in the towel on the Open in wake of the dislocations in not only stocks but also treasuries.
As a result of the whiplash, Klein, who just over a month ago first, and so far only, called for a bearish correction, has turned bullish again because he now expects “a likely positive Fed meeting on October 29 to help fuel a Santa Claus rally.” So, QE4 then?
AURORAS ON MARS: This Sunday, Oct. 19th, Comet Siding Spring will pass only 140,000 km from Mars. The encounter is so close, the atmosphere of the comet could brush against the atmosphere of the planet. Will this spark auroras on Mars? A video from NASA weighs the odds of some very strange space weather.
Then I heard a strong (loud) voice in heaven, saying, Now it has come—the salvation and the power and the kingdom (the dominion, the reign) of our God, and the power (the sovereignty, the authority) of His Christ (the Messiah); for the accuser of our brethren, he who keeps bringing before our God charges against them day and night, has been cast out!
11 And they have overcome (conquered) him by means of the blood of the Lamb and by the utterance of their testimony, for they did not love and cling to life even when faced with death [holding their lives cheap till they had to die for their witnessing].
12 Therefore be glad (exult), O heavens and you that dwell in them! But woe to you, O earth and sea, for the devil has come down to you in fierce anger (fury), because he knows that he has [only] a short time [left]!
…The Truth is not a choice, every knee shall bow.
It is time for all humanity, this last generation, to answer ”the question” knocking at the door and ”be confirmed” either in agreement as The Antichrist locked behind the gate, or a sealed Saint risen into eternal love peace and glory in agreement by the power and authority of The Holy Spirit, sustaining mercy of our Father in Christ. This Shemitah is the perfect time to ”realize” the time has come, and the following tribulation shall confirm this, even upon the remnant whom shall be shaken awake from their sleep.
Yahshua is The Key to understanding the prophetic revelation blessing now upon this final generation. By The Word of our Father in Christ, do measure the scripture(s) and the time now at hand.
For there are certain men who have crept in unawares, who were foreordained of old for this condemnation, ungodly men, turning the grace of our God into lasciviousness, and denying the only Lord God and our Lord Jesus Christ. 5 I will therefore put you in remembrance, though ye once knew this, how the Lord, having saved the people out of the land of Egypt, afterward destroyed those who believed not.
6 And the angels who kept not their first estate, but left their own habitation, He hath reserved in everlasting chains under darkness unto the judgment of the great Day—
7 even as Sodom and Gomorrah and the cities around them, in like manner giving themselves over to fornication and going after strange flesh, are set forth as an example, suffering the vengeance of eternal fire.
The never-before seen photograph shows a mysterious dragon-shaped organism found in space, which they claim also reveals that all life on Earth, including humans, is extraterrestrial in origin.
It was discovered in dust and particulate matter gathered deep in the Earth’s stratosphere.
Its finders say it is a “biological entity” made of carbon and oxygen – the building blocks of life.
And the scientists who made the incredible find insist there is no way it could have blown up into space from our planet – and so must have originated elsewhere in the universe.
It was discovered by Professor Milton Wainwright and his team from the University of Sheffield and the University of Buckingham Centre for Astrobiology.
It is known that Earth’s magnetic field has flipped many times throughout the planet’s history. Its dipole magnetic field remains about the same intensity for thousands to millions of years, but for incompletely known reasons it occasionally weakens (such is the case now) and, presumably over a few thousand years, reverses direction. A new study, however, shows that the final stage – a sudden 180-degree flip – can happen within a human lifetime.
…consider the measure of a man …even that of an angel, his name and number, that of the Antichrist Beast, ”knowing” his time is short. This ”knowledge” is that of the elder of man, the fallen angel Lucifer, the one claiming false dominion upon the Earth by opening the gate of death and Hell through the offer of temptation. The unbecoming reality of the satanic ”short term gain” rest upon the slaughter of humanity, even as the measure of want defined in the wages of sin bound to the mark of the beast sealed upon the this end time generation.
To the point of order, recognize the physics of cyclical solar galactic astronomy procession and the cartography of war against humanity upon Earth and ask the question: Are the masonic occult builders; whom reject The Stone Cut Without Hand and do council with the fallen angel(s) that claim ”you shall not surely die but become like them” (even as the image of the (g)od of Sirius depiction of the apotheosis, a man become a (g)od, George Washington on the Fed Debt Note), ..given unto temptation and thereby the trap is constructed for humanity? The answer is clearly quantified and proven ”yes” by the timing of Fukushima etc.., but only a Saint of experience, whom has received revelation is able to even pose the question unto the Harvest Ears that are able.
Judgment is upon this end time generation. Consider The Word Of Our Father In Christ.
The Jews answered him, We have a law, and according to that law He should die, because He has claimed and made Himself out to be the Son of God.8 So, when Pilate heard this said, he was more alarmed and awestricken and afraid than before.
9 He went into the judgment hall again and said to Jesus, Where are You from? [To what world do You belong?] But Jesus did not answer him. 10 So Pilate said to Him, Will You not speak [even] to me? Do You not know that I have power (authority) to release You and I have power to crucify You?
11 Jesus answered, You would not have any power or authority whatsoever against (over) Me if it were not given you from above. For this reason the sin and guilt of the one who delivered Me over to you is greater.
The structure is made up of basalt and shaped like a cone. Measuring 70 meters (230 ft) at the bottom, the structure is 10 meters (33 ft) tall, and is estimated to weigh 54.5 million kilograms (60,000 tons). It can be compared to the size of two Stonehenges. Its age is estimated to be between 2,000-12,000 years old, a range determined by calculating the amount of sand that accumulated over the base of the structure, as well as comparing it to similar structures.
…there is an ”interesting” quake pattern happening that involves a 4.8 near Sendai and the Vongfong typhoon, considering the recent 7.4 etc… measured to the post Lunar eclipse line up with Uranus and Mercury.
The number of American adults who have never been married has hit an all-time high. The latest date from 2012 shows one in 5 adults over the age of 25 fell into that category.
In 1960, it was about in 10 adults.
While there’s no consensus about what’s causing the drop in the marriage rate, data shows that among young adults who say they want to get married, the economy is an issue. More than a third of them say financial security is an obstacle to tying the knot.
Other analysts say living together and having children outside of marriage isn’t as socially taboo anymore, leading to less pressure for marriage.
Some social conservatives point to the federal government, saying its policies – like tax penalties for married couples, and more assistance for single parents – encourage people not to marry.
^^^No true Christian could allow the 666 Antichrist government image of Obozo The Drag Queen Bride standard be sealed upon them. Even the tax declares the fallen mark married to The Beast. There is no cause to remain unbecoming and married to the government, and the time has come for all Christian to divorce and divest from the image of the 666 Beast. To remain sealed in marriage bound to the government image is in contempt of The Bridegroom and The Bride Of Christ. It is time to stand fast and be called out in agreement with our Father In Christ. Let the government Beast of the bottomless pit fall upon it’s false claim, as it were a man birthed of his own abortion. Let the Antichrist image of death render unto it’s own, and let no Saint be deceived and given unto it …as it were the bride and groom in the image of Satan’s lie as ”one” voice and host condemned to Hell.
For behold, in those days and at that time when I shall reverse the captivity and restore the fortunes of Judah and Jerusalem,
2 I will gather all nations and will bring them down into the Valley of Jehoshaphat, and there will I deal with and execute judgment upon them for [their treatment of] My people and of My heritage Israel, whom they have scattered among the nations and [because] they have divided My land. 3 And they have cast lots for My people, and have given a boy for a harlot and have sold a girl for juice [of the grape] and have drunk it.
Proclaim this among the nations: Prepare war! Stir up the mighty men! Let all the men of war draw near, let them come up.
10 Beat your plowshares into swords, and your pruning hooks into spears; let the weak say, I am strong [a warrior]!
11 Hasten and come, all you nations round about, and assemble yourselves; there You, O Lord, will bring down Your mighty ones (Your warriors). 12 Let the nations bestir themselves and come up to the Valley of Jehoshaphat, for there will I sit to judge all the nations round about. 13 Put in the sickle, for the [vintage] harvest is ripe; come, get down and tread the grapes, for the winepress is full; the vats overflow, for the wickedness [of the peoples] is great.
14 Multitudes, multitudes in the valley of decision! For the day of the Lord is near in the valley of decision. 15 The sun and the moon are darkened and the stars withdraw their shining. 16 The Lord will thunder and roar from Zion and utter His voice from Jerusalem, and the heavens and the earth shall shake; but the Lord will be a refuge for His people and a stronghold to the children of Israel. 17 So shall you know, understand, and realize that I am the Lord your God, dwelling in Zion, My holy mountain. Then shall Jerusalem be holy, and strangers and foreigners [not born into the family of God] shall no more pass through it.
THERE are “tens, maybe hundreds” of headless bodies lying in the bloody streets of a besieged Syrian border town — left to rot by ISIS savages to terrorise Kurdish fighters and residents, according to a new report.
“I have seen tens, maybe hundreds, of bodies with their heads cut off. Others with just their hands or legs missing. I have seen faces with their eyes or tongues cut out — I can never forget it for as long as I live,” Amin Fajar, a 38-year-old father of four, told the Daily Mail about the incredible scene in Kobane.
“They put the heads on display to scare us all.”
Though White Shroud has been successful against its ISIS enemies, the group says that U.S. led airstrikes have actually made their job more difficult. ISIS members who once traveled in larger groups — making it easier to attack them — have now split up so as not to be a target for airstrikes.
Meanwhile, Turkish warplanes have struck suspected Kurdish rebel positions in southeastern Turkey, it was reported today.
$80.70 Oil and falling
Opportune timing with markets weak for some nuclear sabre rattling…
the no bid market the (very, very levered) shale companies will find themselves in if and when, for whatever reason, Brent drops below $85 to a price where only Qatar is profitable on the global Brent cost curve.
So while we understand if Saudi Arabia is employing a dumping strategy to punish the Kremlin as per the “deal” with Obozo’s White House, very soon there will be a very vocal, very insolvent and very domestic shale community demanding answers from the Obozo administration, as once again the “costs” meant to punish Russia end up crippling the only truly viable industry under the current presidency.
As a reminder, the last time Obozo threatened Russia with “costs”, he sent Europe into a triple-dip recession.
It would truly be the crowning achievement of Obozo’s career if, amazingly, he manages to bankrupt the US shale “miracle” next.
Over the past 5 years, the shale industry, fabricated or real reserves notwithstanding, has been a significant boon to the US economy for four main reasons: it has been the target of billions in fixed investment and CapEx spending, it has resulted in tens of thousands of high-paying jobs, its output has been a major tailwind for the US trade deficit, and has generally been a significant contributor to GDP (not to mention various Buffett-controlled or otherwise railway corporations). And perhaps, most importantly, it has become a huge buffer to the price of global oil, as the cost curve of US shale is horizontal, with a massive 10,000 kbls/day available within pennies of $85/bl.
However, should the price drop below $85, and very bad things start to happen, not the least of which is what we warned about in May that “Shale Boom Goes Bust As Costs Soar.” That was when Brent was $110. It is now at $85 and sliding lower. (as of October 15, 2014, 05:00 Am EST the price is 80.70)
Not satisfied with fighting pro-Russian separatists, Ukrainians are fighting among themselves in Kiev. As RT reports, Kiev police deployed additional forces around the parliament building after a group of demonstrators started throwing smoke bombs and firecrackers at guards in an apparent reprisal over MPs’ failure to honor past nationalists. More than 15 officers have been hurt as far-right protesters clash with riot police at the government buildings on the anniversary of UPA (Ukrainian Insurgent Army). Perhapa more troubling is, if this is the internal tension now, how bad will it get in the winter when they are freezing as Ukraine says it won’t prepay for Russian gas.
The Houthi rebels who stunned the Arab world with the sudden seizure of Yemen’s capital will have to strive to cement their power in the face of well-armed rivals, a test of strength that could tip the unstable country deeper into turmoil.
A suicide bombing last Thursday that killed 47 in Sanaa is an example of the indiscriminate tactics Yemenis fear some armed groups are prepared to employ to check the ascent of the Shi’ite Muslim movement that swept into the city on Sept 21.
The attack was claimed by al Qaeda in the Arabian Peninsula (AQAP), apparently furious at the ability of Houthi fighters to take over Yemen’s fragile state and dictate terms to its embattled President Abd-Rabbu Mansour Hadi.
The mood in Sanaa is apprehensive.
“This is just the beginning,” said Mohammed Saleh, a taxi-driver who ferried passengers away from the scene of the blast.
“It is a war now between al Qaeda and the Houthis and those who will be hurt the most are ordinary people.”
The UK’s foreign secretary, meanwhile, said that boots on the ground are the only way ISIS militants can be defeated — but, like his US counterpart, he ruled out sending troops from his own country.
His comments echoed those of Secretary of State John Kerry, who has repeatedly said it is up to the Iraqis to retake parts of their country captured by ISIS.
^^^The Antichrist British and American 666 bastards are all going to Hell. The ordinance being used by their Islamic State Pipeline Petrodollar Proxy Path To Syria And Iran is proof positive, along with the fact that the Antichrist NWO 666 Team Obozo bastards pulled out and MIHOP LIHOP’d this prophetic slaughter.
The Khorasan Group, the Al-Qaeda-linked cell that just landed on the US intelligence radar last month, allegedly has Americans in its ranks fighting in the Middle East whom the FBI cannot prevent from re-entering the country.
Last month, the world was introduced to yet another terrorist group – the Khorasan Group – a veteran group of Al-Qaeda-affiliated radicals purportedly running amok in the Middle East, which the head of the FBI says is “bent on destruction” – and most specifically in the United States.
And then there were three.
As the Texas Department of State Health reported an hour ago, just three days after the shocking announcement that the late Thomas Eric Duncan had managed to infect one nurse in the first person-to-person transmission of Ebola on US ground, a second Texas Health Presbyterian Hospital worker has been infected with the deadly virus.
Surely the CDC’s Tom Frieden will say this is perfectly expected: after all the CDC, which promised it would “stop Ebola in its tracks in the US” just two weeks ago, changed its tune and said to expect more cases.
As of this moment, equity futures are not happy, and certainly not transports, which after a seesaw session in which airline stocks rebounded following a deep oversold condition, are about to become even more oversold as the US public responds to increasingly unpleasant Ebola pandemic news by deciding to “just stay home this weekend.”
And now we await the CDC to explain how this is all due to another breach in protocol for a disease which still is clearly not airborne.
A second health worker in the US state of Texas has tested positive for Ebola, health officials say.
Both health workers treated Liberian man Thomas Duncan, who died last week after becoming the first person diagnosed with Ebola in the US.
Meanwhile, the UN’s Ebola mission chief says the world is falling behind in the race to contain the virus.
If the deadly outbreak cannot be reined in by Christmas then the UN says there is no plan in place and it could be overwhelmed. The UN says the ebola outbreak must be controlled within 60 days or else the world faces an “unprecedented” situation for which there is no plan. The United Nations made the stark warning as it warned that the disease “is running faster than us and it is winning the race”. Nearly 9,000 cases of ebola have been reported so far in West Africa, including 4,447 deaths. “The WHO advises within 60 days we must ensure 70% of infected people are in a care facility and 70% of burials are done without causing further infection,” said Anthony Banbury, the UN’s deputy ebola coordinator.
But Mr Banbury told the UN Security Council the 70% target was becoming harder to meet as new infections stack up.
He urged: “We either stop ebola now or we face an entirely unprecedented situation for which we do not have a plan.”
The UN’s Unmeer emergency mission is following a four-pronged plan to fight ebola.
Identify and trace contacts; manage cases; ensure safe burials and provide people with information to protect themselves.
“If we fail at any of these, we fail entirely,” warned Mr Banbury.
GENEVA, October 14 (RIA Novosti) -The Ebola vaccine will be available for mass use in summer 2015 at the earliest, the assistant director general of the World Health organization (WHO) told RIA Novosti on Tuesday.
“I think by January we will be able of doing larger scale studies with this thing. But in terms of large scale use, no, not until middle of the next year. That’s our target,” Bruce Aylward said, answering a question on when an Ebola vaccine would be ready for mass use.
^^^Yeah, um, all these years later and then suddenly ”they” can just come up with a vaccine date out of the blue. What bullshit. Hello ”V For Vendetta” meets ”SPAWN Heat 16”. The prophetic timing is just ”ironic”, yeeeah riiight.
“The virus is moving on virus time; we’re moving on bureaucracy or program time,” said Michael Osterholm, director of the Center for Infectious Disease Research and Policy at the University of Minnesota. “The virus is actually picking up the pace. Even as we add resources, we get farther behind.”.
“The situation is worse than it was 12 days ago. It’s entrenched in the capitals. Seventy percent of the people [who become infected] are definitely dying from this disease, and it is accelerating in almost all settings,” Bruce Aylward, assistant director general of the World Health Organization, told the group.
The conventional methods come too late, the epidemic keeps spreading, and the virus is beaten back only when vaccines can be developed and scaled up to the point where they can be widely distributed.
As the number of infections increases, so does the possibility that a person with Ebola will carry it to another country. This is known as an export.
“So we had two exports in the first 2,000 patients,” Frieden said in a recent interview. “Now we’re going to have 20,000 cases, how many exports are we going to have?”
^^^ That’s Antichrist NWO Team Obozo 666 Export there WHO are you trying to kid …dipshit.
A top U.S. general admitted that a potential Ebola outbreak in Central America is a real threat to the United States and a scenario which could result in a mass migration across the U.S./Mexico border, as thousands would attempt to flee the deadly virus.
“The immediate thing that really keeps me up awake at night, I tell you, it’s the Ebola issue,” said Marine Corps Gen. John F. Kelly, the commander of U.S. Southern Command, to an audience at the National Defense University on Tuesday. “There’s no way you can keep Ebola in West Africa.”
It’s a startling statement from Kelly who, as the man responsible for all U.S. military activities in South and Central America and the Caribbean, oversees a slew of serious issues from human trafficking to drug trade. During the videotaped event, the general said that many countries in Western hemisphere have “no ability” to deal with an outbreak of this sort, and much like we are seeing in West Africa, the disease “would rage for some period of time.”
“If Ebola breaks into Haiti, and Central America, I think it is literally ‘Katie bar the door’ in terms of the mass migration of Central Americans into the United States,” Kelly said, of the thousands he foresees fleeing countries like Honduras, El Salvaldor and Guatemala if an Ebola outbreak there were to occur. “These populations will move to either run away from Ebola or, in the fear of having been infected, to get to the United States, where it would be taken care of.”
Anthony Banbury told a special session of the UN Security Council on Tuesday that if Ebola was not stopped now, the world would “face an entirely unprecedented situation for which we do not have a plan”.
President Barack Obozo is due to hold a video conference with British, French, German and Italian leaders to discuss the Ebola crisis later on Wednesday.
^^^Yeah, invite Obozo The 666 POTUS Clown, the guy that can go to Mexico and shake hands with someone that dies from the GlaxoSmith Klein 09 Fee Fine Foe Flu, goes to Egypt and it falls and the Muslim Brotherhood breaks out and the next thing you know the U.S. Ambassador in Libya is left to be slaughtered and the Islamic State and Ebola has gone wild. Yeah, um, unless you invite, eh hum, The Antichrist, AKA bad luck to be dinner, don’t send out the invitation in this case. Get a clue already, ..morons.
^^^Only incompetent dipshits can have an easily portable and mobile means to rid waste and not have it at the ready to place in advance of the arrival of Obozo Ebola export imports, or just plain evil assholes that want their bioweapon dispersed. Either way, does it matter at this point, everyone paying attention knows this is all prophetic and the course is set in motion now.
…but everyone paying attention knows this ”IS” intentional.
American troops were exposed to chemical weapons multiple times in the years following the 2003 invasion of Iraq, while the Pentagon kept their discoveries of the expired or degraded weapons secret from investigators, fellow soldiers, and military doctors, according to a published report.
Blood in the leveraged momo streets. Nikkei was crushed overenight as USDJPY could not hold 107. European stock indices are tumbling led by weakness in Spain, Portugal, and Italy. The peripheral bond markets are also getting crushed (spreads wider by 15-20bps). This has bled over into US equities with Nasdaq leading the way lower. Treasury yields are collapsing (10Y tests below 2.15%). The USD is modestly lower but oil is continuing to collapse testing the $80 handle for WTI.
What the bond markets have been warning…
Treasury yields are collapsing. 30Y yields are now at Taper Tantrum lows and the rest of the complex is catching down rapidly…
Bond yield roundtrip… as the short-end literally crashes… And European negative yuields are moving out the curve…
The Nasdaq is opening down 0.5% year-to-date (having been gloriously above 10% in mid-September) and S&P 500 has now turned red for the year. Only Trannies remain green in 2014 (for now)…
As we explained in detail yesterday, between governments hopes to exit the bailout program early (in order to save their election) – which the market does not like the idea of – and fears over the reality of OMT, Greek markets are tumbling. Greek stocks are down over 9% – the biggest plunge in 6 years and bond yields are surging… it appears the market is demanding Draghi get back to work as the “whatever it takes” gains have been halved (Greek stocks -35% from March 2014 highs).
*GREEK ASE INDEX FALLS 9.3% BIGGEST INTRADAY DROP IN 6 YEARS
Greek stocks are down 8% and have retraced at least 50% of the “whatever it takes” gains…
It may come as a shocker to some, but hopefully not to anyone here, that September retail sales were arguably the worst of the year excluding the “abortion” that was the Polar Vortex. The simple reason: after the US consumer loaded up on debt in the spring and the summer, the payback hangover has finally hit with the payment due in the mail resulting in a collapse in revolving credit as reported previously, and as the September retail sales just confirmed:
Headline retail sales: -0.3% missing expectations of a -0.1% decline, and down from the 0.6% in August
Retail sales ex-Autos -0.2%, missing expectations of a +0.2% increase, and down from +0.3%.
Retail sales ex-Autos and gas: -0.1%, missing expectations of a solid 0.4% rebound and down from 0.5%
And not just that: clothing stores dropped -1.2%, sporting goods dropped -0.1%, furniture was down -0.8%, miscellaneous retailers -0.2%, and, sorry Jeff Bezos, online “non-store retailers” such as Amazon declined -1.1%.
Because nothing screams recovery like the US consumer slamming the spending breaks just as the holiday season begins to unwind.
Finally, the all important Retail Sales Control posted its first sequential decline since unprecedented “snow in the winter” January.
And there goes the latest recovery dead cat bounce.
With just weeks to the mid-terms, it appears the president is not helping matters for his Antichrist team
“The resident refused to come outside and shouted back, ‘Show me your warrant,'” Anderson wrote.
So “one of the agents then asked a [police] sergeant to ‘wave a piece of paper’ in an apparent effort to dupe the resident into thinking that they indeed had a warrant.”
According to Chief Steve Anderson, the police knew immediately that the Secret Service agents didn’t have any legal basis to enter the man’s home and the man, a law abiding gun owner, had never made a threat. Anderson wrote to then Director Pierson and Assistant Director A.T. Smith stating, “I think you can see that had the MNPD officers complied with the directive from the Secret Service agents, there was likelihood for this event to have escalated into a serious and/or embarrassing situation for both of our agencies.”
They have demonstrated that they have no regard for the law. We know of their prostitute scandal and former Secret Service Agent Dan Bongino has warned America that things are far worse behind the scenes than the American people know. Perhaps next time, Anderson should simply arrest the Secret Service agents for harassing citizens of his area and charge them. Maybe that would get somewhere with these guys. In exposing apparent ramifications of the incident, Barry Donegan points out, “back in May of 2013, shortly after the incident, Secret Service agents did not invite Nashville police to assist in providing security for First Lady Michelle Obama’s visit to the Music City. It is not known whether the dispute over the warrant factored into that decision, but it is unprecedented for local police to be left out of security plans during a visit by a first lady.”
Personally, I think most people wouldn’t be concerned with the security of Michelle Obozo, but are very concerned with the unethical practices of the Secret Service in this incident.
So many of the same patterns that we witnessed just prior to the bursting of the dotcom bubble and just prior to the 2008 financial crisis are repeating themselves again. Hopefully we still have at least a little bit more time before stocks completely crash, because when this market does implode it is going to be a doozy.
#5 The price of oil is crashing. This also happened in 2008 just before the financial crisis erupted. At this point, the price of oil is now the lowest that it has been in more than two years.
#6 As Chris Kimble has pointed out, the chart for the Dow has formed a “Doji Star topping pattern”. We also saw this happen in 2007. Could this be an indication that we are on the verge of another stock market crash similar to what happened in 2008?
#9 The wealthy are hoarding cash and precious metals right now. In fact, one British news report stated that sales of gold bars to wealthy customers are up 243 percent so far this year.