8/27/2014 Zero Hedge | On a long enough timeline the survival rate for everyone drops to zero

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Russia Sanctions Hit German Consumers,“Economic Expectations Completely

Collapse”

Posted by : testosteronepit

Post date: 08/27/2014 - 16:45

The “faster rotating sanctions spiral with

Russia” causes worst plunge in the history of

the German consumer index.

"THe U.S. CaN'T SoLVe THe WoRLD'SPROBLeMS ANYMoRe…"

Posted by: williambanzai7

Post date: 08/27/2014 - 15:40

Sanction's: Jah Jah Jah!!!

Forget “Peak Oil” and “Peak Credit” …Are We On the Downslope of “Peak

Intelligence”?

Posted by: George Washington

Post date: 08/27/2014 - 13:37

Sex and Exercise May Help ...

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The Nail In The Petrodollar Coffin:Gazprom Begins Accepting PaymentFor Oil In Ruble, Yuan

Submitted by Tyler Durden on 08/27/2014 - 15:57

According to Russia's RIA Novosti, citing

business daily Kommersant, Gazprom Neft

has agreed to export 80,000 tons of oil from

Novoportovskoye field in the Arctic; it will

accept payment in rubles, and will also

deliver oil via the Eastern Siberia-Pacific Ocean pipeline

(ESPO), accepting payment in Chinese yuan for the

transfers. Meaning Russia will export energy to either Europe or

China, and receive payment in either Rubles or Yuan, in effect

making the two currencies equivalent as far as the Eurasian

axis is conerned, but most importantly, transact completely

away from the US dollar thus, finally putin'(sic) in action the

move for a Petrodollar-free world.

COMMENTS: 404 READS: 32,043

Sometimes 0% Is Better Than -82%Submitted by Tyler Durden on 08/27/2014 - 15:56

You want winners? You want me to put

my Cramer Berkowitz hedge fund hat on

and just discuss what my fund is buying

today to try to make money tomorrow and

the next day and the next? You want my

top 10 stocks for who is going to make it in

the New World? You know what? I am going to give them to

you. Right here. Right now...

COMMENTS: 94 READS: 21,140

An Interview With Alasdair MacleodSubmitted by Tyler Durden on 08/27/2014 - 18:31

Yesterday it was Ambrose Evans Pritchard,

today, in this 2nd of a series of London

interviews that Lars Schall conducted for

Matterhorn Asset Management this summer,

Lars has a City of London streetside

conversation with Alasdair Macleod right

outside the Dutch reform Church in Austin

Friars near the Bank of England. Together

they talked about, inter alia: the challenges for The London

Bullion Market Association (LBMA); China’s appetite for gold;

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RanSquawk News The Fly On The Wall

New Comments Today's Top Stories

Audio Commentary From RanSquawk:

08-27 18:30: Italy's top banks said to be seeking up to

USD 36bln from ECB

08-27 18:30: EUR/USD currently trading a tight range as

participants await the...

08-27 18:30: Analysts at Westpac suggests a few trades

based on their G10 model...

08-27 17:57: Ahead of the various equity opens there

are a number of large cap...

08-27 17:24: U.S SERVICE HAS NOW FINISHED, PLEASE

SWITCH OVER TO THE ASIA CHANNEL...

08-27 17:24: ASIAN DAILY ECONOMIC RELEASES - NOW

AVAILABLE IN THE RESEARCH SECTION...

08-27 17:24: NEWS STORIES OF NOTE FROM OVER THE

EU/US SESSIONS: New ECB action...

08-27 17:24: ANALYSIS: Given the ECB source

comments on Wednesday, German state...

08-27 18:42: Dude, she's getting a (SilverRhino)

08-27 18:41: Thanks for your perspective. (WillyGroper)

08-27 18:41: Drugs? (cougar_w)

08-27 18:41: FINALLY...Now keep the (honestann)

08-27 18:41: The German banking system (Watson)

08-27 18:41: Can't rule out that someone (cougar_w)

08-27 18:40: My guess is that the perp is

(NuYawkFrankie)

08-27 18:40: Good thing I stopped paying (Eager

Beaver)

08-27 18:40: He kind of reminds me of Max (Bernoulli)

08-27 18:40: My sales aredown 20% YOY and

(Berspankme)

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the Shanghai Cooperation Organization as THE future player in

the gold market; and the problems related to Germany’s gold at

the New York Fed.

COMMENTS: 5 READS: 334

Arms Trade Treaty: What Is It AndWhy Does It Matter?

Submitted by Tyler Durden on 08/27/2014 - 18:04

The right to bear arms in the United States

has been and continues to be one of the

most hotly debated pieces of legislation in

our modern era. But, as Nicole Pontius of

CamCode notes, the reality is that gun laws

and arms regulation is not simply a human

rights issue and it certainly does not only

affect the U.S. Arms regulation also impacts

national security, economic interests, global

commerce and foreign policy. As Pontius adds, the latest

political solution to help improve international arms

regulation is the ATT, or the Arms Trade Treaty. Among a

number of potential benefits of the ATT, this treaty would

require governments to report all arms sales, thus

preventing the sale and transfer of weapons likely to be used in

violation of human rights all around the world. We wanted to

take a closer look at this important piece of legislation - this

infographic answers what it is, who is involved, and why we

need it.

COMMENTS: 29 READS: 1,298

4 Years Until The Next Recession? NotLikely!

Submitted by Tyler Durden on 08/27/2014 - 17:30

David Rosenberg, in one of his recent

missives, wrote: "...based on the current

trend in the LEI and the level of the

diffusion index, history suggests that the

next recession is at least four years away." While anything is

certainly possible, it is highly unlikely that the current

economic environment is supportive of another four years

of a "struggle along" economy. Given the artificial supports

during recent years, the extreme extension in assets prices,

record levels of margin debt and the chase for yield in "junk

credits," it is highly possible that the next recessionary

decline could be much larger than the historical average.

COMMENTS: 27 READS: 3,021

Ebola Devastates West Africa:Revenues Down; Markets NotFunctioning; Projects Canceled; GDP

Plunges 4%Submitted by Tyler Durden on 08/27/2014 - 17:01

The market, in its infinitely rigged wisdom,

has concluded that the worst Ebola

outbreak in history is a non-event, even

though it has put virtually all of western

Africa on indefinite lockdown, and as

Reuters reports, is "causing enormous damage to West African

economies and draining budgetary resources." In fact the

damage from Ebola to Africa is already so acute, it is expected

that economic growth in the region will plunge by up to 4

percent as foreign businessmen leave and projects are

canceled, according to the African Development Bank president

said. Revenues are down, foreign exchange levels are down,

markets are not functioning, airlines are not coming in, projects

are being canceled, business people have left - that is very,

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very damaging," African Development Bank (AfDB) chief Donald

Kaberuka said in an interview late on Tuesday.

COMMENTS: 62 READS: 3,607

Saxo Bank CIO Warns "It's Time To BeDefensive... Very Defensive"

Submitted by Tyler Durden on 08/27/2014 - 16:31

"Germany will flirt with recession by Q4 of

this year," warns Saxo Bank's Chief

Economist Steen Jakobsen, adding that

"the US is in worse shape than most people believe." It's

important to underline, he notes, that major US investment

houses, and certainly every single sales person we talk to,

believe US is about to accelerate in growth not slow down.

Jakobsen warns though that Q3 could be ok but the real

damage will come in Q4 as the lead-lag factor of geopolitical

risk, lack of reforms and excess global supply leads to low

inflation. His conclusion, "it’s time to be defensive... very

defensive."

COMMENTS: 24 READS: 6,255

Confidence In Central Planning SavedWith Last Second All Time High Ramp

Submitted by Tyler Durden on 08/27/2014 - 16:06

Once Europe closed, US equity markets

rolled over on what is a new 'lowest-

volume-day-of-the-year' led by recent

winner Russell 2000. The Dow is now red

on the week and the Nasdaq up 11 days

in a row. Today was not about stocks

though (aside from the close). While CAD saw its best gain in

over 2 years, it was US Treasuries (as EUR weakened and Bund

yields plunged) that made the flashing red headlines with 30Y

back at 15-month lows (at 3.10%) and 10Y -3.5bps at 2.36%

as the yield curve flattened even further. 2s30s dropped

below 260bps - its flattest since Dec 2012. Un-de-escalation

concerns evident in TSYs and credit finally started to bleed into

VIX and stocks. Gold, silver, and oil limped higher as US

weakened (and copper fell). A desperate buying panic into

the close smashing S&P futures to VWAP magically

enabled the S&P to close at the confidence-inspiring

centrally-planned 'wealth effect' level of 2000.07!!

COMMENTS: 43 READS: 4,066

Chinese Developers "Destocking"Desperation: Bikini-Clad Model CarWashes, iPhones, & Alibaba Discounts

Submitted by Tyler Durden on 08/27/2014 - 15:33

We have presented numerous examples of

the turmoil under the surface of China's

unprecedentedly placid GDP headlines but,

as The FT reports, the desperation of

property developers should be the biggest

canary in the coalmine that all is not well. Developers began

cutting prices this year but have so far failed to revive flagging

volumes and so are increasingly resorting to creative sales

tactics to drum up interest. From discounts on Alibaba

purchases up to $325,000 to car-washes by bikini-clad models,

as "putting full effort into destocking has become the common

choice of most developers. They’re still not optimistic about

the market situation." So why are US investors so upbeat

about China's 'recovery'?

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COMMENTS: 60 READS: 14,270

30Y Treasury Yield Plunges To Fresh15-Month Lows

Submitted by Tyler Durden on 08/27/2014 - 15:10

Someone is gonna be wrong...

COMMENTS: 41 READS: 8,859

CBO Thinks Millions Of AmericansAren't Going To Sign Up ForObamacare

Submitted by Tyler Durden on 08/27/2014 - 14:47

According to government's own projections,

the 'universal coverage' provided by the

Affordable Care Act will still yield almost 4

million Americans who will prefer to pay

an average tax of more than $1,000 to

the government for 2016, rather than

buying health insurance that year... and

the total number of nonelderly uninsured Americans projected

for calendar 2016 is some 30 million.

COMMENTS: 81 READS: 5,864

NATO Canada Has A Message ForRussian Soldiers

Submitted by Tyler Durden on 08/27/2014 - 14:22

NATO Canada tweeted: "Geography can

be tough. Here’s a guide for Russian

soldiers who keep getting lost &

'accidentally' entering Ukraine"

COMMENTS: 193 READS: 18,762

Canadian Dollar Surges Most In 2 YearsAs "Tax Inversion" Euphoria Hits FX

Submitted by Tyler Durden on 08/27/2014 - 14:06

It appears the Tim Horton's / Burger-King

deal has sparked a serious surge in Canadian

Dollar demand. CAD is up almost 1%

today - its best daily gain since June 2012 - pushing to its

highest in a month. We suspect the momentum of the initial

"tax inversion" flow merely triggered stops and broke key

technical levels (200-day moving average) to extend the move

as it seems the 'Canada as an offshore tax-haven meme' is a

bit of reach...

COMMENTS: 33 READS: 3,984

Argentina – Sliding Down A SlipperySlope

Submitted by Tyler Durden on 08/27/2014 - 13:40

Update: The official and black-market

Peso has collapsed further today to new

record lows.

It is actually quite sad to watch the

continued downfall of Argentina's economy

under the inept ministrations of its government. The only good

8/27/2014 Zero Hedge | On a long enough timeline the survival rate for everyone drops to zero

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thing that can possibly come from this is that it will set yet

another example for others so they may avoid making

similar mistakes. Unfortunately the example is being set on

the backs of the country's citizens, who are seemingly forced

to live from crisis to crisis. Politicians rarely pay the price for

their atrocious policies, and we are quite sure Ms. Kirchner and

her cronies have feathered their nests in ways the average

citizen cannot even dream of (most recently, corruption

allegations have caught up with Ms. Kirchner's vice president.

Rampant government corruption has long been a hot topic in

Argentina under Ms. Kirchner's rule). It is not as though

Argentina didn't have great potential. If only politicians would

leave its economy alone and stopped inflating the

currency into oblivion, the country could easily and quickly

regain its former prosperity.

COMMENTS: 55 READS: 5,794

2nd American ISIS Fighter Killed InSyria, CNN Reports

Submitted by Tyler Durden on 08/27/2014 - 13:15

The anti-ISIS operation, Naharawan al-

Sham, who distributed images of the first

American to be killed fighting for ISIS

yesterday, has according to CNN announced

a second American was killed in battle

representing ISIS. So far, neither ISIS (which often comments

on death of its "martyrs") or Naharawan al-Sham has released

any images or evidence of the second death.

COMMENTS: 125 READS: 5,911

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