TRIBULATION ERA COMMENCEMENT ZENITH 2016 MARKET TRIGGER CONFIRMED
And when the dragon saw that he was thrown down to the earth, he persecuted the woman who had given birth to the male Child. 14 But the two wings of the great eagle were given to the woman, so that she could fly into the wilderness to her place, where she was nourished for a time and times and half a time (three and one-half years), away from the presence of the serpent (Satan).
15 And the serpent hurled water like a river out of his mouth after the woman, so that he might cause her to be swept away with the flood. 16 But the earth helped the woman, and the earth opened its mouth and swallowed up the river which the dragon had hurled out of his mouth. 17 So the dragon was enraged with the woman, and he went off to wage war on the rest of her children (seed), those who keep and obey the commandments of God and have the testimony of Jesus [holding firmly to it and bearing witness to Him].
The year 1776 thus represents 1) the trestleboard date on which the great work and secret destiny began; and 2) is a prophetic marker toward the descent of the eye of Apollo/Osiris/Nimrod upon the uncapped pyramid in accomplishment of the Great Work.
Yet if the year 1776 represents the starting date on the trestleboard toward the accomplishment “of which the United States Government was dedicated from the day of its inception,” as Manly P. Hall said, what date did the Master Masons envision that the work would be finished in order that Hiram Abiff (Osiris/Apollo/Nimrod) could return to inhabit his temple? This is found in the Scottish Rite side of Freemasonry (as well as the modern Jewish calendar), who, unlike their other brethren, prefer adding 3,760 years to the common date. In order for this superior side of Masonry to arrive at the appropriate number for their finished pyramid and the completed work (the height of the pyramid with its capstone reaching upward of 5,776 inches), they have to add the future date, 2016, to the common era, or 3,760+2,016=5,776.
This is important for several reasons, not the least of which is that, if the culmination of the Illuminati enterprise reaches an apex in 2016, it is prophetically related to the infamous year 2012——the rollover of the Mayan and many other ancient pagan calendars that foresaw the conclusion of a dispensation and the beginning of a final Golden Age, which heralds the return of their gods. Disturbingly, some will say the year 2012 could therefore represent in Christian eschatology the beginning of Great Tribulation, with 2016 representing the “midst of the week” when Apollo (Antichrist) presents himself as God and enters the temple in Jerusalem. Others will claim 2016 as the start of the final age.
This includes the laying of the White House cornerstone on October 13, 1792, by Masons, and the Fourth of July signing of the Declaration of Independence thirteen days after summer solstice, so that the sun would be on Sirius. In Egyptian mythology, the sun represented Osiris while the star Sirius symbolized Isis, and thirteen was the number of pieces of Osiris that Isis was able to find after Seth, his evil brother, murdered and threw fourteen pieces of him into the Nile. Isis searched the riverbank until she recovered every piece, except for his genitals, which had been swallowed by a fish. Isis replaced the missing organ with an Obelisk and magically impregnated herself with Horus. Therefore, in Masonic as well as in ancient Egyptian mythology, the number thirteen—used a total of thirteen times on the Great Seal, counting front and back—is the number that represents the return or resurrection of Osiris.
This mythology was so meaningful to the founding of the United States and the construction of its capital—including having the missing Osiris genitalia represented by the 6,666-inches-high Egyptian Obelisk known as the Washington Monument—that nearly all of David Ovason’s five hundred-plus-page Secret Architecture of Our Nation’s Capital is dedicated to establishing the singular correlation between Washington DC and Virgo, the constellation of Isis, or what Ovason calls, “Isis, who was the chief of the feminine mystery deities and the prototype of the steller Virgo.”[ix]
This affiliation existed from the very day Freemasons gathered on April 15, 1791, beginning appropriately at 3:30 PM (reflecting the mystical value, thirty-three) because of the astrological position of Jupiter and Virgo, and what this would mean for the secret destiny of America:
At exactly 3:30 PM, Jupiter…began to rise over the horizon. It was in 23 degrees of Virgo.… By this means, the zodiacal power of Virgo, which was called in later Masonic circles “the Beautiful Virgin,” was able to stamp her benign influence on the building of the federal city.… A few of the many Freemasons present at this ceremony would have been only to well aware of the profound implications of what they were doing.… It is quite clear that the ceremonial placing of the stone related to more than merely the founding of the federal district: it was somehow linked to the future destiny of America itself.[x]
By dedicating the United States through its astrological alignment to the “Virgin” constellation of Isis, the founders had dedicated the “destiny” of America to fulfilling the secret doctrine of Freemasonry, as also reflected in the Osiris/Apollo symbolism of the Great Seal, concerning subservience—now and upon his return as Antichrist—to Osiris/Apollo/Nimrod.
Interestingly, the same dedication to Osiris/Isis/Apollo exists in New York where the events of September 11, 2001, initiated the push toward the novus ordo seclorum. The Statue of Liberty in New York’s Harbor, which holds the Masonic “Torch of Enlightenment,” was presented in 1884 as a gift to American Masons by the French Grand Orient Temple Masons.
Designed by French Freemason and sculptor Frédéric Auguste Bartholdi and built by another French Freemason, Gustave Eiffel, the statue was originally identified as “the goddess Isis” with the statue’s head formed to represent “the Greek Sun-god Apollo…as preserved on an ancient marble tablet (today in the Archaeological Museum of Corinth, Corinth, Greece)—Apollo was represented as a solar deity, dressed in a similar robe and having on its head a ‘radiate crown’ with the seven spiked rays of the Helios-Apollo’s sun rays.”[xi]
The legend of Osiris and Isis, the connection with Apollo, the magical number thirteen, and the history surrounding their mythos is often openly discussed in Masonic and brotherhood-friendly literature. For instance in Morals and Dogma, Albert Pike enumerated the esoteric significance of the Osiris epic at length, adding that lower-level Masons (Blue Masonry) are ignorant of its true meaning, which is only known to those who are “initiated into the Mysteries.”[xii] Pike also spoke of the star Sirius—connected to Isis and at length to Lucifer/Satan—as “still glittering” in the Masonic lodges as “the Blazing Star.” Elsewhere in Morals and Dogma, Pike reiterated that the “All-Seeing Eye…was the emblem of Osiris”[xiii] and that the “Sun was termed by the Greeks the Eye of Jupiter, and the Eye of the World; and his is the All-Seeing Eye in our Lodges.”
Once people understand this illuminated Masonic connection to the “trinity” on America’s Great Seal, and what the prophetic symbolism, mottoes, and numerology imply, it becomes apparent why so much effort was put forward for so long by those who felt it was necessary to hide this extraordinary destiny. Ovason acknowledges this conspiracy of silence as well:
The motto at the top of the seal, Annuit Coeptis, is from Virgil…from the Aeneid.… This is a prayer to the god Jupiter.… We should observe that while the subject matter of the reverse of the seal is undoubtedly pagan—if symbolic of hermetic Egypt—the superior motto is itself a prayer to a pagan god. Could this be the reason why there has been so much reluctance to bring the reverse of the seal into the light of day? Whatever the nature of the god, the prayer directed in this way is a petition that the daring undertaking [the secret destiny of America as symbolized in “finishing” the pyramid] may be completed, and that the new age will find fulfillment.[xv]
Ovason, a Mason whose research earned praise from Fred Kleinknecht, Sovereign Grand Commander of the 33rd-Degree Supreme Council of Freemasons in Washington DC, is to be thanked for inadvertently revealing what the Illuminatus has secretly known for ages—that the Great Seal of the United States is a pagan prophecy and petition to a pagan god (the same entity the Bible identifies by name as the end-times Antichrist) to assist in the conclusion of the great work by his return. “When we have grasped the importance of these New Age expectations,” Ovason concludes, “we shall be in a better position to understand why the design for this reverse [side of the Great Seal] has remained so consistently hidden.”
Evidently it was not problematic for Obozo, who stood in front of it and saluted the German audience in a way eerily similar to what Adolf Hitler used to do, followed by thousands returning the salute, which is against German law. When Obozo ended his speech in front of the war goddess, he said, “With an eye toward the future, with resolve in our hearts, let us remember this history, and answer our destiny, and remake the world once again.” This is exactly what Hitler had promised to do and exactly where he had planned to memorialize it.
Of greater significance and not far from where Obozo delivered his rousing speech is the Great Altar of Zeus in the Pergamon Museum. According to several reports, Obozo visited the Great Altar while in Berlin, which is especially important, given what he did on returning to the United States. Before we examine Obozo’s revealing actions, consider carefully what the Bible says about the Altar of Zeus in the letter to the church in Pergamos (Pergamum, Pergamon):
And to the angel of the church in Pergamos write; These things saith he which hath the sharp sword with two edges; I know thy works, and where thou dwellest, even where Satan’s seat is: and thou holdest fast my name, and has not denied my faith, even in those days wherein Antipas was my faithful martyr, who was slain among you, where Satan dwelleth. (Revelation 2:12–13).
In the Greek, the phrase, “where Satan’s seat is,” literally means, “where a throne to Satan is.” Scholars identify this throne or “seat” as the Great Altar of Zeus that existed in Pergamos at that time. So important was the worship of Zeus in ancient Pergamos that perpetual sacrifices were offered to him upon the towering and famous forty-foot-high altar. Antipas, the first leader and martyr of the early Christian church, is believed to have been slain on this altar, slowly roasting to death inside the statue of a bull, the symbol and companion of Zeus. The phrase in Revelation 2:13, “wherein Antipas was my faithful martyr, who was slain among you, where Satan dwelleth,” is considered a citation of this event.
Approximately two thousand years after Revelation 2:13 was written, German archeologists removed the massive altar of Zeus from the ruins of Pergamos and took it to Berlin, where it was restored as the centerpiece of the Pergamon Museum. It is here that Hitler first adored it, later building an outdoor replica of it from which he gave a series of speeches that mesmerized many Germans.
“Fast forward about another seventy-five years,” says blogger El Gallo. “Another charismatic young politician mesmerizes huge German crowds with a rousing speech in Berlin. Antichrist NWO 666 Barack Hussein Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown…[and] did Antichrist NWO 666 Barack Obozo 911 Homosexual Climate Change no Boots SPECTRE Clown visit…the Great Altar of Zeus…? Presumably he did.”[x]
Whether Obozo received inspiration from the throne of Satan while in Berlin or not, what he did next was astonishing. Upon returning to the United States, he immediately commissioned the construction of a Greek-columned stage from which he made his acceptance speech for his party’s nomination. Because Greek temples such as those built to honor Zeus were thought to house the patron deity, the GOP ridiculed Obozo, mocking him as playing Zeus of “Mount Olympus” and accusing his supporters of “kneeling” before the “Temple of Obozo.” The New York Post ran an enlightening “Convention Special” supplement on August 28, 2008, with the telling headline: “‘O’ My God: Dems Erect Obozo Temple” blazoned across the front cover. But it was not until blogger Joel Richardson pointed out how the design of Obozo’s stage was a dead ringer for the Great Altar of Zeus[xi] that Obozo’s campaign managers tried to explain away the design as being a conglomeration representing the portico of the White House with the U.S. capitol building. “But experts agreed with Richardson,” Gallo wrote. “It was a replica of the Great Altar of Pergamum.”
Thus incredibly, like Hitler, Obozo honored the goddess Victoria with his presence before ordering a replica of the biblical throne of Satan, upon which he accepted his date with destiny.
Following this, Antichrist NWO 666 Barack Hussein Obozo 911 Homosexual Climate Change No boots SPECTRE Clown on June 4, 2009 gave an unprecedented speech to the Antichrist Muslim world from Cairo, Egypt, declaring that he was launching a new era between the United States and the Antichrist Muslim world. For the first time, Obozo was forthright about his Antichrist Muslim heritage and stated that the United States—which he is on record as saying is “no longer a Christian nation”—is now “one of the largest Antichrist Muslim countries in the world.” Newsweek editor Evan Thomas followed the president’s speech with a declaration, reflected in the opinion of many, that “Obozo is standing above the country, above the world, he is a sort of God.”[xiii]
Now imagine—if such sentiments as illustrated above were afforded to a man like Obozo—what would America and people around the world be willing to accept if a truly amazing, even ‘other-worldly’ man stepped forward in 2016 with seemingly all of the answers to mankind’s woes?
Is the government lying to the nation about the Orlando Massacre? Today on TRUNEWS, Rick Wiles will systematically dissect the undeniable contradictions between the FBI’s official report and the eye witness testimony of victims in the club. Rick will also speak with John Jackson and Jennifer Walsh about the LGBT activists’ sinister plan to crack down on Christian colleges and universities in California.
July 4th – June 6th – September 11th – August 15th
You likely associated the first three dates above with transformative events in U.S. history. August 15th, however, may have you scratching your head.
It started out with hints of official, United States governmental oppression of Christianity in the wake of the Supreme Court’s marriage decision, such as “discrimination” complaints against people who refuse to celebrate homosexual behavior.
And he is given power to give breath to the image of the beast, so that the image of the beast will even [appear to] speak, and cause those who do not bow down and worship the image of the beast to be put to death.
16 Also he compels all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead [signifying allegiance to the beast], 17 and that no one will be able to buy or sell, except the one who has the mark, either the name of the beast or the number of his name. 18 Here is wisdom. Let the person who has enough insight calculate the number of the beast, for it is the [imperfect] number of a man; [g]and his number is [h]six hundred and sixty-six..
Gerald Celente is not the only economist who is predicting an economic collapse in 2016; Professor W. Thompson of Indian University also projects that the economies world over will see a downturn in 2016.
Money is flowing out of so-called emerging markets like Brazil, Russia, South Africa and Turkey. Investors pulled $735 billion (€657 billion) out such countries in 2015 — the first year of net outflows since 1988, according to the Institute of International Finance.
And emerging markets aren’t so emerging any more: they provide 70% of expected global growth.
Events that will happen in the aftermath of American Economic Collapse of 2016.
Considering the widespread impact of a collapsing economy on the sentiments of people, it is expected that the government will use the National Defense Authorization Act (NDAA) to its advantage. The NDAA will give the government the power to detain any individual considered as a threat for an indefinite period.
An American economic collapse in 2016 can trigger travel restrictions, including suspension of passports. An economic collapse will also cause travel restrictions to be put in place at highways/checkpoints.
Confiscation of wealth:
A catastrophic economic collapse can make the government to take extreme steps, which also includes confiscation of wealth. The laws passed by the European Union give it the authority to confiscate bank accounts through bail-ins. Although real estate and precious metals are not covered under the rule, but it doesn’t mean that they are safe. Governments around the world have been known to make some difficult decisions whenever their economies are in dire straits, and 2016 can turn out that point of time in history.
Shortage of food:
An economic collapse can lead to shortage of food in the world. The food industry is expected to take a severe hit as it survives mostly on small profit margins.
Economic crisis These were a few events that are likely to occur after the global economic collapse of 2016. As was the case with previous economic crashes, people who could see the tide coming were not only able to save their fortune, but also use the bearishness of the market to their advantage. Although the mainstream media will make you believe that the economy is on a solid footing, the ground reality is starkly different. It is everyone’s prerogative to take the right steps and save prepare for the economic catastrophe that will be the year 2016.
NOTE: If you are still a dumb ass that claims the the revelation of our Father in Christ is a big hoax and Satan is just a made up attempt to justify resistance against the evil bastards the Holy Bible describes and the homosexual etc… etc.. etc.. agenda of the New Globalist Mark Of The Beast Secular Order, you are about to enter the prophetic tribulation era, described in the Holy Old and New Testament scriptures as the 3 1/2 year(s) time frame of the ”Outer Court” end time ”as it was in the days of Noah” Antichrist ”mark of the beast” era when your own judgment shall be sealed upon you . Your place in Hell is certain if you do not stop being a complete Hell bound fool and you better start figuring it out now. You morons are currently the enemy of humanity, with your pathetic attempt at cognitive dissonance and refusal to accept the fact that what this generation is now witnessing is certainly obvious enough to figure out if you evil bastards would just stop being your usual asinine selves for at least long enough to take the time to analyze what exactly has been going on and what is truly happening. Unless, and until, you make that effort to save your own dusty soul from damnation and Hell, you are nothing but an unsealed host of the Antichrist spirit, no matter how much of a good person you claim you are, and you are equal with the most hideous Antichrist muslim baby rapist murdering heart eating suicide evil bastard currently acting the NWO 666 proxy fool part for the likes of the U.S. Israeli Saudi Obozo Clown Team and their supposed Euro Trash allies along with their Communist clowns in China etc… and the Russian Iranian slime that are supposedly the opposition.
Right now, you are a complete Antichrist evil bastard. Get that through your sick twisted head, which makes you an enemy of your own life, but more importantly an enemy to humanity and the Salvation offer of our Father in Christ and His sustaining mercy among all His Saints.
All you antichrist bastards are nothing short of thieves and murder suicides seeking to devour life as the insane beast so moved among the sealed whores of Mystery Babylon. You are currently a friend to nobody, you are absolutely evil and on the verge of the unbecoming reality which your evil ass represents.
THAT FACT IS CLEAR ENOUGH! JUST LOOK IN THE MIRROR AND SAY ”I ‘am currently an Antichrist, and I have rejected Salvation and all the evidence before me that confirms the prophetic revelation of the risen Lamb Of God. If you still feel comforted by your rejection of the image of our Father in Christ just keep on being your evil dumbshit self, but, if you don’t, give yourself a chance to at least discover the whole Truth. Realize, you are the treasure of Heaven that has been wondering in the wilderness of your own strong delusion for far too long. Cast off self deception and complacency with this world.
This is the end time age of information awareness, the prophetic time of the final revelation of the good news of Salvation. It’s way over due for you to make an effort to question yourself and what is truly happening to humanity.
Understand, there are demons that provide council to the the likes of the masonic occult bastards among all nations, and Satan is real. If you do not accept the highest humility of our Father in Christ you are subject to the demonic influence. As a witness, let it been know, this has been observed and confirmed.
Soon after Britain voted to leave the European Union (EU), its foreign affairs chief, Elmar Brok, urged the economic and political bloc to go ahead with plans to create an army.
Attorney General Loretta Lynch announced at the United Nations that her office would be working in several American cities to form what she called the Strong Cities Network (SCN), a law enforcement initiative that would encompass the globe.
This amounts to nothing less than the overriding of American laws, up to and including the United States Constitution, in favor of United Nations laws that would henceforth be implemented in the United States itself – without any consultation of Congress at all..
And should Democratic presidential candidate Hillary Rodham 911 Clinton continue to best Republican Donald Trump in the polls, sales could hit new highs, according to industry experts.
Joining men in buying guns have been women, youths and now members of the LGBT community, especially after the terrorist slaying of 49 at an Orlando, Fla., gay nightclub this month.
The $2.08 trillion wiped off global equity markets on Friday after Britain voted to leave the European Union was the biggest daily loss ever, trumping the Lehman Brothers bankruptcy during the 2008 financial crisis and the Black Monday stock market crash of 1987, according to Standard & Poor’s Dow Jones Indices.
Global markets skidded following the unexpected result from the June 23 referendum, in which Britons voted to withdraw from the EU by a 52 percent to 48 percent margin.
Markets in mainland Europe were hit the worst, with Milan .FTMIB and Madrid .IBEX each down more than 12 percent for their biggest losses ever. Britain’s benchmark FTSE 100 .FTSE was down nearly 9 percent at one point on Friday, but rallied to close down 3.15 percent.
The route started in Asia, with the Nikkei .N225 down 7.9 percent, and carried over into Wall Street as the S&P 500 fell 3.6 percent.
Mohit Bajaj, director of ETF trading solutions at WallachBeth Capital LLC in New York, said the severity of the sell-off was partly due to investors misreading the outcome and betting the wrong way.
“People positioned themselves longer because they thought the market was going to pop,” he said. “We knew that we were going to sell off pretty hard and people were kind of shocked by the market.”
In dollar terms, Friday’s loss overtook the previous record from Sept. 29, 2008, the day when Congress rejected a $700 billion bailout package for Wall Street during the financial crisis. On that day, global markets lost $1.94 trillion.
The losses are calculated using the S&P Global Broad Market Index (BMI), which includes equity markets in 47 countries.
To be sure, the record size of the dollar decline is partly due to the larger absolute size of today’s equity markets compared with the period during the financial crisis, and especially compared with the 1980s, said Howard Sliverblatt, senior index analyst at Standard & Poor’s Dow Jones Indices.
Friday’s decline as a percentage of total market capitalization was 4.7 percent. That was outstripped on seven occasions during the financial crisis. The largest percentage decline during that period was 6.92 percent on Oct. 15, 2008, when the market was panicking about a deep recession. The loss corresponded to a $1.65 trillion decline.
A rival measure of global stocks, the MSCI all-country world index .MIWD00000PUS, fell 4.76 percent on Friday, its biggest percentage loss since Aug. 8, 2011, when it fell 5.09 percent on the first trading day after S&P stripped the United States of its “AAA” credit rating.
When the general population is asked to define a moment of paradigmatic instability in the history of financial markets, inevitably 2008 – in which there was a unprecedented divergence between risk perception
and the ultimate reality which saw Lehman fail and lead to the near collapse of the financial system – is the most cited answer. However, on Friday various markets saw volatile moves that put 2008 in the dust: in fact, the historic collapse in GBPUSD was not only far greater than any such move seen in history, but was an unprecedented 12-sigma move.
As Bank of America notes, post Britain’s vote to Leave the EU, the Euro STOXX 50 experienced its largest ever 1-day loss, GBPUSD reached 30yr lows and EURJPY, EURUSD & 10yr Bunds experienced 1d moves that were more significant than on any day in 2008. Gaps in risk perception that were evident even as recently as last week (VSTOXX-VIX spread was as wide as 20pts), may narrow further as spillover risk to global assets remains high. Indeed the Critical Stress Indicator of BofAML’s GFSITM index triggered on 13-Jun, suggesting cross asset stresses had risen by enough to lead to widespread contagion, absent policy intervention.
While derivatives markets like Sterling options clearly anticipated event risk around the referendum as early as April, there were record gaps in risk perception across regions and asset classes even days before the vote. Bank of America believes that gaps will further narrow as markets outside Europe realize the risks Brexit creates for global markets. For instance, at the time of writing the VSTOXX (V2X)-VIX spread, which traded as wide as 20 pts in the last week, decreased to ~13pts (EU close) as US equity volatility catches up with that in Europe.
But back to the resultant moves, some of which had no precedented in history, indeed some markets were more shocking than 2008, something which leads BofA to concludes that substantial “spillover risks remain.” As the chart below shows, after the Brexit vote, the Euro STOXX 50 (SX5E) experienced its largest 1-day move ever today.
To put this and other monstrous asset class moves in context, Chart 2 normalises each asset class’ daily move by the standard deviation of the previous 100d (daily) returns, to reveal the X-Sigma nature of any given move. The findings:
Sterling had a 12 sigma move (vs history) on 24-Jun: GBPUSD, risk perception on which has been among the most stretched metrics across the GFSI leading up to EU referendum, reacted the most across the assets in Chart 2. This highlights just how important it is to pay attention to metrics close to the source of stress.
GBPUSD, EURJPY, EURUSD & 10yr Bunds were more shocked than even ‘08: Price action suggests FX & bond markets were more shocked by Brexit than they were at any time in 2008.
Scope of further contagion remains high: The GFSI’s Critical Stress Signal triggered on 13-Jun, as FX & equity stresses rose sharply. The markets’ reaction to Brexit has also witnessed a narrowing of some gaps in risk perception like the V2XVIX spread; indeed the VIX was >2x more surprised than the V2X today. Given the highly significant moves in cross asset stress and the relative underperformance of V2X (see later) versus EU equities, this metric will be a key barometer for monitoring contagion.
So unless central banks step in, how bad can it get? Some BofA forecasts:
The V2X lagged in the largest 1-d SX5E drop; may rise to ~46 if sell-off persists
The V2X underperformed the (~8.5%) fall in the SX5E today – rising by ~3.5 pts, while a historical relationship would suggest an increase of ~10 pts (Chart 2). Our equity strategists called for a 16% fall in the STOXX 600 in the short term vs yesterday’s levels, which translates to a further 10% drop in the SX5E from 24-Jun. Based on a historical relationship of SX5E 1wk returns & V2X 1wk changes, a 10% drop in the SX5E implies a rise of ~11 vol pts in the V2X (on average), which would take it near its 2011 high of 46 (Chart 3). Chart 4 extends the analysis from Chart 3 & highlights potential reaction of V2X in the coming month under various SX5E return scenarios. For instance, if the SX5E was to fall further by 16% in the next month, the VSTOXX is likely to be ~ 55.
How to read the projections in Chart 4: “Twk” stands for “time in weeks” from now to the end of a given projection. For instance, the green projection line in 2wks corresponds to an SX5E return of -8.5% [=6% * sqrt(2)] and predicts a V2X level of ~45.
The next question: what happens after such a spike, absent further exogenous shocks?
BofA uses an exponential decay process that is ‘fitted’ to each of the V2X, VIX and VNKY according to historical vol spike (see source of Chart 6 for details). Importantly, the decay process is independent of the starting level of vol, so it may be used to track the normalisation of a range of vol shocks: from the largest spikes in 2008 to the midsized ones in 2010-11 as well as the most recent (smaller) spikes (Chart 6, Chart 7, Chart 8). Note that in recent years, vol spikes have faded faster than in previous periods given the strong hand of central bank intervention (particularly in the US).
Finally, where could the VIX go?
The VIX outperformed the SPX decline; however, it remains low vs the V2X US equity vol, which lagged the broader rise in stress in the lead up to the EU referendum, has outperformed today’s decline in the SPX (as of the EU close). This has led to a narrowing of the gap between US vs EU equity vol. The trend is likely to continue if the sell-off continues.
In short: unless some exogenous entity, read central banks, openly intervene to restore calm and normalcy in the market, traders may be set for a long, painful period of volatility that has now been repricted sharply higher (something the banks will be delighted to use as an excuse to explain another quarter of subpar revenues) and will remain there absent some actions, not words, from the Yellen-Draghi-Carney trio.
Seriously… every single fucking day…
Presented with little comment aside to ask, where is the SEC, CFTC?
On a day of non-stop, low volume, weakness, the ‘fundamental’ event of the NYMEX close created a somewhat idiotic spike in WTI Crude…
What happens next?
Yuan is collapsing… the ripples are starting to be felt everywhere..
Treasuries leading the way to reality once again…
As Earnings expectations plunge…
On Friday afternoon, after the shocking Brexit referendum, while being interviewed by CNBC Alan Greenspan stunned his hosts when he said that things are about as bad as he has ever seen.
“This is the worst period, I recall since I’ve been in public service. There’s nothing like it, including the crisis — remember October 19th, 1987, when the Dow went down by a record amount 23 percent? That I thought was the bottom of all potential problems. This has a corrosive effect that will not go away. I’d love to find something positive to say.”
Strangely enough, he was not refering to the British exodus but to America’s own economic troubles.
Shemitah 2015 was a special Shemitah. Every 7th Shemitah is a special year called the Super Shemitah or Jubilee.
Jubilee 2016 is telling us what’s coming; we better be prepared.
The flurry of banksters, ex-banksters (Alan Greenspan), insiders (Soros) and billionaires all warning we are on the edge of collapse now continues with a famous technical analyst:
In an interview with Business Insider, Sandy Jadeja just predicted market crashes in late August, late September and late October.
Jadeja is a famous technical analyst and chief market strategist at Core Spreads. He previously made no less than four accurate predictions of market crashes based on his charts and technical analysis. His latest dates are right around the Jubilee year end-date on October 2nd, 2016.
2016 is a “building” year where the top banking elites are preparing for the next and final step toward world government. It likely will include some sort of washing away of the current financial and monetary order to bring in the new.
The thing is, building a New Order doesn’t happen cleanly or quietly. No, we’re going to see a series of tremendous crises. This is what we’ve been warning you about here at TDV. It’s why I began researching first Shemitah and now Jubilee Year 2016.
If you are a regular reader, you know I discovered that seven-year Shemitah years repetitively include financial disasters. It became obvious that the Shemitah was a ritualistic time period where for one reason or another negative events were triggered. These events were financial… and social and military as well.
Shemitah 2015 was a special Shemitah. Every 7th Shemitah is a special year called the Super Shemitah or Jubilee. According to Jonathan Cahn, author of the Mystery of the Shemitah, the Super Shemitah or Jubilee Year extends the chaos that occurred in the Shemitah year.
Now other market pros seem to be suggesting this timeline. Jadeja said, “We have interesting times ahead of us. We are dealing with issues on so many levels from economic uncertainty in the financial markets, including currencies and commodities as well as the rising house prices we have seen… I believe that using the information we have and embracing the tools and technology we have access to right now that we could use these to our advantage to prepare and protect…”
Jubilee 2016 is telling us what’s coming; we better be prepared. We’ve written about how George Soros, Carl Icahn and Jim Rogers are all preparing for catastrophic times when the market collapses along with the dollar.
This is Jadeja’s point of view, too. Last year, on July 31, 2015, Jadeja told CNBC that “something big would happen on August 18.” He said, “be prepared to bank profits and stand aside.” He was right about his prediction, just as we were when we made the same prediction based on the Shemitah cycle. The Dow Jones Index lost 2,198 points (-12.5%) in just four trading days.
Now he predicts “big bumps” on the way to 2018. “We are currently in a very dangerous time zone between 2011 until 2018. This is an 84-year cycle [called the ‘Time Cycle’] and the previous cycle appeared during 1928 until 1934 where the Great Depression took place.”
He is seeing in his charts what we’ve figured out by analyzing Jubilee 2016 trends and points out 2018 as being a key year. Our research indicates a major shift/collapse in 2016 to be followed by ongoing disasters until 2018 when we think the elite have already planned to bring in a one world currency.
Those behind these trends have horribly big plans for the next few years. They are putting in place additional triggers that will result in the major catastrophes that will turn our world from a series of nation-states into something much bigger and more horribly homogenized.
If you think that’s going to be accomplished easily or quickly, you’re wrong. The scale – the magnitude – of the disasters is going to be horrifying. People will have to be made so miserable that they will willingly go along with any plan proposed to them, no matter how authoritarian and terrible. They will give up what’s left of their freedoms for just a scrap of security.
Of course, we didn’t need Jadeja to tell us what’s going on, though it’ always good to get confirmation. We’ve acted on our research and actively created wealth for ourselves and TDV subscribers. Our star market and mining analyst Ed Bugos has used Shemitah and Jubilee insights to expand the wealth of our TDV portfolio dramatically this year with many of our investments up in the hundreds of percent and our total portfolio up 116% so far this year.
It’s reality check time, folks – understand what’s really happening all around you, and form a line of defense!
#1. Poison in the water supply–including sodium fluoride, lead and aluminum. In Flint, Michigan, water quality scientists have been officially charged with felony conspiracies, altering lead contamination data, and committing scientific fraud that harmed the public.
#2. Those long-lasting chem-trails from airplanes contain bio-hazardous, toxic waste from hospitals and cancer-causing glyphosate that poisons organic crops.
#3. Vaccines still contain mercury, including the influenza (flu) shot at 51 parts per million, which is 25,000 times the EPA’s limit for drinking water contamination.
#4. Bill Gates (via the Bill & Melinda Gates Foundation) wants to eliminate billions of people over the next decade using vaccines and GMOs (you can listen to him say it himself as captured on video at a T.E.D. conference).
#5. Antichrist NWO 666 President Obozo The 911 Homosexual Climate Change No Boots SPECTRE Clown purposely allows terrorists and illegal aliens into America who are destroying our health and livelihood with infectious diseases, violence and acts of terror.
#6. Children will soon be force-vaccinated with deadly chemicals at gunpoint by a rogue government that’s pushing for more autism and miscarriages (as taking place in California right now).
#7. The U.S. government supports, funds and encourages the sale of aborted baby body parts for cash on the black market via Planned Parenthood’s insidious agenda (all to further support biotechnology experimentation on humans).
#8. The cancer industrial complex is in full swing, and evil oncologists across America are overdosing healthy Americans (some to death) with toxic chemotherapy, while robbing Medicare (taxpayer money) in the process. (The ultimate example is Dr. Farid Fata now serving 45 years in federal prison for mass murder.)
#9. Chemical agriculture giants like Monsanto, Bayer, Dupont, Dow and Syngenta, are purposely contaminating non-GMO foods with a deadly herbicide called glyphosate to trick health-conscious Americans into eating cancer-causing foods. (Most grains are heavily coated right before going into the silos.)
#10. SSRI drugs are the main factor responsible for mass shootings, multiple homicides and coinciding suicides, as witnessed and proven over the past decade in America (the drugs make depression and anxiety worse!) SSRIs are also called “The gateway drugs to mass murder.”
#11. Prescription drugs are a leading cause of sickness and death in America, even when taken as prescribed by the quack doctors in America, called MDs, who go to school for eight years to learn how to juggle experimental, chemical-based drugs, but never learn a single “lick” about nutrition (pun intended).
Conspiracy theory becomes reality
There is a reason so many people turn to holistic, non-invasive medicine, and raw, whole organic food, when chemical medicine and junk science fail them. There’s a reason over 7 million people visit Natural News every month to find out the good, the bad and the ugly about so called “conspiracy” theories, ones that not only have come true, but have been true for decades.
It’s not that every company and corporation is “out to get you,” but rather that you must be a defensive consumer, just as you’re probably a defensive driver. Think of how many wrecks you would have already experienced if you were not defensive. Health “wrecks” are no different. Some “cars” will simply hit you and hurt you if you don’t watch where you’re going.
For example, In Flint, Michigan, Government officials simply covered up the fact that the tap water had been switched to lead-contaminated pipes and nobody knew. If those residents had top notch water filters in their homes, like the Big Berkey, they would have already had a line of defense for the negligence.
While UK citizens were revolting en masse against bureaucratic rule in Europe, another cabal of prostituted lawmakers were busy plotting against American food consumers. According to this announcement from the United States Committee on Agriculture, Nutrition and Forestry, committee leaders have reached a “bipartisan agriculture biotechnology compromise solution.”
What exactly is this so-called “compromise?”
The complete banning of all GMO labeling state laws across America.
And that’s just for starters. After that, this new “compromise” decrees that no foods shall be GMO labeled for two years while the USDA ponders the best way to deceive consumers and hide Monsanto’s GMOs for another few years. The suggested law also gives the USDA the right to decree that any foods with less than 50% bioengineered content could be considered non-GMO, by the way.
As a bonus surrender to Monsanto, the law would also not require animal products derived from GMO-fed animals to be considered bioengineered at all. So cattle feedlots can pump cows full of GMOs and glyphosate for years, then sell the resulting beef as “all natural.”
Finally, after two years, the USDA would then roll out a nationwide rule that would only require food companies to place a scannable QR code on their labels. Consumers would then have to carry mobile phones with them to scan all the codes in order to determine what’s really GMO. As stated in the proposed law:
…the form of a food disclosure under this section be a text, symbol, or electronic or digital link…
In other words, “GMO labeling” doesn’t actually have to consist of words or any meaningful symbol. So it’s all a farce. This is how the food industry can claim they’ve agreed to label GMOs without actually labeling GMOs. It’s all more subterfuge and collusion between Monsanto and lawmakers… is anyone surprised?
See this QR code image? It is unreadable by humans, and that’s one purpose. The U.S. Senate is literally trying to roll out a nationwide GMO “labeling” law that would result in labels which cannot be read by human beings. How’s that for being a functioning legislative prostitute for Monsanto?
U.S. Senate going all out to keep you in the dark about GMO foods
In other words, the so-called “compromise” proclaimed by the Senate committee is actually a law that bans clear GMO labeling nationwide and only requires foods to be labeled with digital codes that can only be read by machine (which don’t even eat food).
You can’t make this stuff up. Somehow, all the other mandatory food labeling requires words or numbers, but when it comes to GMOs, the Senate’s attempts to hide and bury this information are so insidious that they’ve gone with machine language code. Can you imagine if they stripped away ingredients lists and nutrition facts and replaced those labeling sections with machine language code, too? It’s basically one giant “F-U” to food consumers from the United States Senate.
Republicans are pushing agricultural poisons while Democrats are pushing monetary suicide
Note that all the poisons of agriculture — GMOs, glyphosate, pesticides, etc. — are most aggressively pushed by establishment Republicans. These individuals even look like they’ve been poisoning themselves with age-accelerating chemicals, too, and none of them have any scientific understanding of how agricultural chemicals (like glyphosate) harm human health.
Like I’ve repeated reminded Natural News readers, Republicans are scientifically illiterate, while Democrats are economically illiterate. You can no more have an intelligent conversation with an establishment Republican about the devastating environmental impact of glyphosate than you can talk to an establishment Democrat about compounding interest on the national debt. The topics just don’t compute in their heads. They are all cognitively retarded on certain subjects and incapable of engaging in rational thought.
And so we’re all having toxic poisons shoved down our throats, all across America, while the political establishment ridiculously claims they’re mandating “labeling” by having food companies place unreadable machine language codes on their products. What a pathetic farce. What an insult to our intelligence…
Is it any wonder the people are in a state of REVOLT against bad government all around the world? By the way, Hillary Clinton is also a Monsanto puppet. A vote for Hillary is a vote for Monsanto.
If you’re wondering who’s running this current GMO labeling scam in the Senate, it’s Pat Roberts, R-Kansas, and Debbie Stabenow, D-Michigan.
Call your U.S. Senator NOW and tell them you strongly oppose this “DARK ACT” GMO labeling compromise. It’s all a biotech industry scam that’s designed to outlaw meaningful GMO labeling!
The U.S. Capitol Switchboard number is (202) 224-3121. Call it now and ask to speak to your Senators’ offices.
EUROPEAN political chiefs are to take advantage of Brexit by unveiling their long-held plan to morph the continent’s countries into one GIANT SUPERSTATE, it has emerged today
The foreign ministers of France and Germany are due to reveal a blueprint to effectively do away with individual member states in what is being described as an “ultimatum”.
Under the radical proposals EU countries will lose the right to have their own army, criminal law, taxation system or central bank, with all those powers being transferred to Brussels.
Controversially member states would also lose what few controls they have left over their own borders, including the procedure for admitting and relocating refugees.
The plot has sparked fury and panic in Poland – a traditional ally of Britain in the fight against federalism – after being leaked to Polish news channel TVP Info.
The public broadcaster reports that the bombshell proposal will be presented to a meeting of the Visegrad group of countries – made up of Poland, the Czech Republic, Hungary and Slovakia – by German Foreign Minister Frank-Walter Steinmeier later today.
Excerpts of the nine-page report were published today as the leaders of Germany, France and Italy met in Berlin for Brexit crisis talks.
In the preamble to the text the two ministers write: “Our countries share a common destiny and a common set of values ??that give rise to an even closer union between our citizens. We will therefore strive for a political union in Europe and invite the next Europeans to participate in this venture.”
The revelations come just days after Britain shook the Brussels establishment by voting to leave the European Union in a move some have predicted could leave to the break-up of the EU.
A number of member states are deeply unhappy about the creeping federalism of the European project with anti-EU sentiments running high in eastern Europe, Scandinavia and France.
f anyone needs another confirmation that the European Union is fundamentally the most anti-democratic entity currently in existence, then the following statement by European Parliament Martin Schultz should put all confusion to rest.
Schulz: “The British have violated the rules. It is not the EU philosophy that the crowd can decide its fate”
Confused: Here is what Deutsche Bank said earlier today:
The shockwaves and consequences around Brexit will resonate for years. It’s probably an understatement to say that most in financial markets regret the UK’s decision to leave but we should respect the forces that have been pushing us towards what has always been an inevitable political accident sometime soon. I wasn’t sure whether the Brexit vote was the one but I was pretty convinced one was coming and this is probably not the last. Spain yesterday started a general election cycle (more below but relatively market friendly) of the largest 5 euro-area economies (Spain, Holland, France, Germany and Italy) over the next 18 months or so, not forgetting the US this November. Throw in the crucial senate reform vote in Italy in October and you’ve got plenty of opportunity for rebellion against the establishment that haven’t managed to produce satisfactory enough growth for the lower paid/lower skilled to offset the forces of globalisation and immigration.
It’s worth looking at the voting split in the UK’s EU referendum based on polls compiled by Lord Ashcroft to get an idea of the disenfranchisement. In terms of socio-economic groups, 57% of ABs (upper/middle class – professional/managers etc) voted remain, 49% of C1s (lower middle class – supervisory/clerical or junior management/administrative), 36% of C2s (skilled working class) and 36% of DEs (Ds – semi & unskilled manual workers. Es – casual/lowest grade worker or state pensioner). So there’s no escaping the fact that this is a class war. Whether its globalisation, immigration, inequality, poor economic growth or a combination of all of them it’s quite clear from this and other anti-establishment movements that the status quo can’t last in a democracy. Eventually you’ll have a reaction. This is one such major reaction and given that the UK growth rate has been ok of late, it would be strange if pressure didn’t continue to build elsewhere where growth has been lower for longer.
It is indeed a class war, and the European “Union” is not used to losing…
It’s no secret that the US has a long and storied past when it comes to running guns illegally, and subsequently completely losing control of them. In its most recent debacle, a joint investigation by the New York Times and Al Jazeera has revealed that millions of dollars worth of weapons sent by the 666 Skull&Bones CIA and Antichrist Saudi Arabia to Jordan intended for Syrian rebels was stolen by Jordanian intelligence officials and sold on the black market..
In a separate scheme than was administered by the Pentagon, the CIA-run program code named Timber Sycamore reportedly began in 2013, and the plan called for large shipments of CIA and Saudi arms including Kalashnikov assault rifles, mortars and rocket-propelled grenades to be delivered to Jordan, where Jordanian intelligence would then finish the job and deliver the arms to Syrian rebels. While the budget for the program remains classified, it was learned that the biggest contributors to the program included the US and Antichrist Saudi Arabia, along with other US allies in the region.
As mentioned, following the delivery to Jordan, the CIA relied upon the General Intelligence Directorate to transport the weapons to Syrian rebels, however often times the weapons disappeared midway. As RT reports, Jordanian officials told the publications that the theft was apparently perpetrated by officers with direct access to cargo, who “regularly siphoned truckloads” of weapons while still delivering some to the designated drop-off’s.
The stolen weapons were then sold on the black market in Jordan, and those involved in the scheme worth millions of dollars, used the profits to purchase expensive SUVs, electronics, and other luxury goods. Unfortunately, as was the case in Operation Fast and Furious (and presumably countless other operations), it is also believed that some of the stolen weapons were used to kill two Americans and three others at a police training facility shooting in Amman in November.
The investigation also revealed that senior Jordanian officers had knowledge of the theft and – surprise, surprise – systematically covered up for the lower ranking officers that did the actual smuggling. Only after the Americans and Antichrist Saudi’s started to complain of the theft did the Jordanian intelligence agency allegedly arrest several dozen officers, including a lieutenant colonel running the operation. According to Jordanian officials, a number of the officers were fired from the service but were allowed to keep their pensions and profits from the scheme.
Alas, don’t ever be concerned that America isn’t exporting, as those official military exports are understated by the number of gun running operations that are being done behind the scenes – rest assured that Made In The USA stamp is on weapons being used by everyone around the globe.
Also let’s not forget that it is absolutely no surprise that the Saudi’s are in bed with the US in this effort, as it is the Antichrist Saudi’s who may be truly calling the shots at the end of the day when it comes to what ultimately happens in Syria.
For those 17-year-old hedge fund managers used to BTFD Cup Of Fornication on hopes corporate buybacks will “have their back” and provide the bid on which momentum-chasing HFT algos will piggyback, we have some bad news and some worse news.
The bad news is that we are entering yet another quiet period for buybacks. This means that for the next 45 days, the biggest – and supposedly only – buyer of stocks will be mostly out of the market, and bank buyback desks will not be able to provide much needed support during distressed (read: more sellers than buyers) times.
The worse news is that even without the buyback blackout period, following months of surging stock repurchasing activity by corporate treasurers…
… buybacks have now ground to a virtual halt.
According to TrimTabs, stock buyback announcements by U.S. companies have fallen sharply, sending a longer-term negative signal for U.S. equities.
“Corporate America announced $2.8 trillion in stock buybacks in the past five years, and these buybacks have provided a key source of fuel for the bull market,” said David Santschi, chief executive officer of TrimTabs. “Corporate actions this year suggest this support is going to diminish.”
In a research note, TrimTabs reported that U.S. companies have announced a mere $11.8 billion in stock buybacks in June through Friday, June 24. This month’s pace is the lowest this year. Only four companies have announced plans to repurchase at least $1 billion this month.
“Even if some of the too-big-to-fails roll out buybacks after the release of the second part of the Fed’s stress test results, this month’s volume is likely to be among the lowest in the past three years,” noted Santschi.
TrimTabs also explained that stock buyback announcements by U.S. companies have totaled $291.7 billion this year, which is 32% lower than the $432.0 billion in the same period last year.
“The sharp decline in buyback announcements suggests corporate leaders are becoming more cautious, and it doesn’t bode well for the U.S. stock market,” said Santschi.
It is unclear if the dramatic slowdown is due to a shift in corporate strategy, due to a desire by the C-suite to stockpile cash, or simply because creditors are no longer willing to fund bonds whose “use of proceeds” is to buyback stock, no matter how high the yield.
In any case, the sudden disappearance of this cost-indiscriminate, and biggest by far, stock buyer in the market will be certain to have a substantial impact on risk pricing in the coming weeks and months; just in case the market didn’t have enough things to worry about…
The Doom of Babylon
17 Then one of the seven angels who had the seven bowls came and spoke with me, saying, “Come here, I will show you the judgment and doom of the great [a]prostitute who is seated [b]on many waters [influencing nations], 2 she with whom the kings of the earth have [c]committed acts of immorality, and the inhabitants of the earth have become intoxicated with the wine of her immorality.” 3 And the angel carried me away in the Spirit into a wilderness; and I saw a woman sitting on a scarlet beast that was [d]entirely covered with blasphemous names, having seven heads and ten horns. 4 The woman was dressed in purple and scarlet, and adorned with gold, precious stones and pearls, [and she was] holding in her hand a gold cup full of the abominations and the filth of her [sexual] immorality. 5 And on her forehead a name was written, a mystery: “BABYLON THE GREAT, THE MOTHER OF PROSTITUTES (false religions, heresies) AND OF THE ABOMINATIONS OF THE EARTH.” 6 I saw that the woman was drunk with the blood of the saints (God’s people), and with the blood of the witnesses of Jesus [who were martyred]. When I saw her, I wondered in amazement. 7 But the angel said to me, “Why do you wonder? I will explain to you the mystery of the woman and of the beast that carries her, which has the seven heads and ten horns.
8 “The beast that you saw was [once], but [now] is not, and he is about to come up out of the abyss (the bottomless pit, the dwelling place of demons) and go to destruction (perdition). And the inhabitants of the earth, whose names have not been written in the Book of Life from the foundation of the world, will be astonished when they see the beast, because he was and is not and is yet to come [to earth]. 9 Here is the mind which has wisdom [and this is what it knows about the vision]. The seven heads are seven hills on which the woman sits; 10 and they are seven kings: five of whom have fallen, one exists and is reigning; the other [the seventh] has not yet come, and when he does come, he must remain a little while. 11 And the beast that [once] was but is not, is himself also an eighth king and is one of the seven, and he goes to destruction (perdition). 12 The ten horns that you saw are ten kings who have not yet received a kingdom, but [together] they receive authority as kings for a single hour [for a common purpose] along with the beast. 13 These [kings] have one purpose [one mind, one common goal], and they give their power and authority to the beast.
The Angel with the Gospel
6 Then I saw another angel flying in midheaven, with an [a]eternal gospel to preach to the inhabitants of the earth, to every nation and tribe and language and people; 7 and he said with a loud voice, “Fear God [with awe and reverence], and give Him glory [and honor and praise in worship], because the hour of His judgment has come; [with all your heart] worship Him who created the heaven and the earth, the sea and the springs of water.”
Doom for Proud Babylon
8 Then another angel, a second one, followed, saying, “Fallen, fallen is Babylon the great, she who has made all nations drink the wine of the passion of her immorality [corrupting them with idolatry].”
Doom for Worshipers of the Beast
9 Then another angel, a third one, followed them, saying with a loud voice, “Whoever worships the beast and his image and receives the mark [of the beast] on his forehead or on his hand, 10 he too will [have to] drink of the wine of the wrath of God, [b]mixed undiluted into the cup of His anger; and he will be tormented with fire and brimstone (flaming sulfur) in the presence of the holy angels and in the presence of the Lamb (Christ).
11 And the smoke of their torment ascends forever and ever; and they have no rest day and night—those who worship the beast and his image, and whoever receives the mark of his name.”
12 Here is [encouragement for] the steadfast endurance of the saints (God’s people), those who habitually keep God’s commandments and their faith in Jesus.
13 Then I heard [the distinct words of] a voice from heaven, saying, “Write, ‘[c]Blessed (happy, prosperous, to be admired) are the dead who die in the Lord from now on!’” “Yes, [blessed indeed],” says the Spirit, “so that they may rest and have relief from their labors, for their deeds do follow them.”
After a historic two-day selloff, which as shown yesterday slammed European banks by the most on record..
… the wildly oversold conditions, coupled with hopes for yet another global, coordinated central bank intervention, coupled with modest hope that David Cameron’s trip to Brussels today may resolve some of the Article 50 gridlock, have been sufficient to prompt a modest buying scramble among European stocks in early trading, with the pound and commodities all gaining for the first time since the shock Brexit vote.
“Stocks are rebounding on the expectation that there will be a coordinated intervention by central banks,” John Plassard, a senior equity-sales trader in Geneva at Mirabaud Securities told Bloomberg. “What central banks can do is put confidence back in the market by telling everyone that they are here and ready to act. If we don’t get that sort of support, we’ll see further declines.”
Needless to say, there is a way to go to recover recent losses: the following chart courtesy of Jonathan Ferro shows that there is a ways to go:
This is going to be the beginning of the end of the European Union. This means the end of the euro. The end of the euro will hasten the collapse of the European Central Bank. And as the European Central Banks fails, the dominos will begun to unleash even greater chaos.
I want to add one more point in closing because it’s very important. Instead of the Western mainstream media propaganda machine pointing the finger at Putin and Russia, they should be pointing out how the elites had sent the West down a path of total destruction. Now that the people are rising up and standing against the old power structure, the great hope is that perhaps the West will be spared from the great abyss.”.
‘There was blood and body parts everywhere’: Terrifying moment Antichrist ISIS suicide bomber blew himself up in Istanbul airport terminal in Brussels-style attack that left at least 41 dead and 239 injured
Suicide bombers strike Istanbul Ataturk airport
28 killed and 60 wounded, Istanbul governor says
Police shot at suspects in international arrivals hall
Fourth suicide bombing in Turkey this year
Third busiest airport in Europe, high security location.
Dow futures are now 500 points off the post-Brexit lows, having retraced half the losses…despite the worst home sales in 6 years. Just one small problem, Treasury yields are plumbing new post-Brexit lows…
Following API last night and DOE today, the machines had only one thing in mind… on yet another NYMEX close ramp
Between BofA, Citi, JPMorgan, and all the other big banks, announced buybacks amounting to dozens of billion have sent US equity futures spiking after hours.
Bank of America Authorizes $5b Buyback; Boosts Div to 7.5c-Share
Citigroup Plans $8.6b Buyback; Lifts Qtr Div to 16c From 5c
JPMorgan Chase Plans $10.6b Buyback, Maintains qtr Div at 48c/shr
Morgan Stanley Sets Buyback of Up to $3.5b, Boosts Div. to 20c
Goldman Sachs plans buybacks of stock, boosts quarterly dividend
American Express Plans $3.3b Buyback, Div. Boost to 32c-Share
Huntington Bancshares to Boost Qtr Div. to 8c From 7c/Shr
SunTrust to Lift Dividend 8% Starting 3Q, Sets $960m Repurchase
U.S. Bancorp to Buy Back $2.6b of Shares, Boosts Div. by 9.8%
Zions Bancorp Plans to Boost Dividend, Buyback
Ally Financial announces inaugural dividend of 8c/share, buyback of up to $700m of stock
M&T Bank Plans Max. $1.15b Buyback; Dividend Raised By Up to 5c
PNC Plans Share Buybacks Up to $2b, Raise Qtr Div. to 55c/shr
BNY Mellon Plans $2.7b Buyback, Boosts Dividend
Northern Trust to Buy Back $275m; Boosts Dividend to 38c Vs 36c
State Street to Buy Up to $1.4b; Boosts Dividend to 38c Vs 34c
Bank of New York plans to buy back $2.14b in shares, boost dividend by 12%
Citizens Finl Group Plans Quarterly Div. 12c/Share, Est. 12c
BNY Mellon Plans $2.7b Buyback, Boosts Dividend by ~12% to 19c from 17c
Banco Bilbao Vizcaya Plan Includes Common Dividends of $120m
KeyCorp Plans to Evaluate Qtr Div. Boost to 9.5c/Shr, Est. 8.5c
Discover Financial to Buy Back Up to $1.95b of Stock, Boost Div. to 30s/shr from 28c.
Futures are up across the board to frontrung the bank buybacks, no matter what exposure to financials they have:
As The S&P spikes: