Financial topics

[John]

Watching Bloomberg TV covering the Tuesday morning Asia markets.

Dow futures down 500 points, or about 2%.

Nikkei down 1160 points, 5.12%

Listening to experts explain why now is the time to buy.

There's no way to tell whether stock prices will recover in the next
few days, but if there's going to be a major panic, this is how it
would begin.

[John]

Just received a New York Times news alert:


TOP STORIES

You may think these are dire times in the financial markets, but don't panic: In context, the stock market drop is less scary than it seems

Monday, February 5, 2018 8:55 PM EST

It can be easy to be misled by big point swings after a long period of quiet in global markets. There is an important idea to keep in mind at a time like this: Take the long view.

[aeden]

https://www.zerohedge.com/news/2018-02- ... fter-close

The goal of American socialists is not you.

https://www.youtube.com/watch?v=qTPhxrg6ztg

http://gdxforum.com/forum/search.php?ke ... sf=msgonly

As one veteran trader (who has seen numerous volatility cycles) exclaimed, "I've never seen anything like this... this is it" referring to the start of the unwind of the biggest aggregate short volatility position the markets have ever known.

No, thieves and liars.

The common man cannot be cheated. Above that it is called government and it is allowed.

02/06/2018 - 08:11
The flight to safety in bonds will certainly help slow any deleveraging and keeps the tail scenario of stocks and bonds falling together off the table, but near-term they could still be modest sellers given the increases in volatility across asset classes.

[aeden]

https://www.zerohedge.com/news/2018-02- ... et-walking

https://ibankcoin.com/flyblog/files/2018/01/bcc4.png

The bears will feast when they are damn good and ready.

https://www.zerohedge.com/news/2018-01- ... d-we-worry

And they did, my helmet looks fine also so that was how they wanted it.

After hours so they couldn't do anything about it and goldman was just an innocent bystander. got it. b

https://www.zerohedge.com/news/2018-02- ... inates-xiv

American economist and politician who represented Texas in both houses of Congress. Though he began his political career as a Democrat, Gramm switched to the Republican Party in 1983. In Congress, Gramm sponsored major acts of financial deregulation.

Financial Services Modernization Act of 1999, (Pub.L. 106–102, 113 Stat. 1338, enacted November 12, 1999) is an act of the 106th United States Congress (1999–2001). It repealed part of the Glass–Steagall Act of 1933, removing barriers in the market among banking companies, securities companies and insurance companies that prohibited any one institution from acting as any combination of an investment bank, a commercial bank, and an insurance company. With the bipartisan passage of the Gramm–Leach–Bliley Act, commercial banks, investment banks, securities firms, and insurance companies were allowed to consolidate. Furthermore, it failed to give to the SEC or any other financial regulatory agency the authority to regulate large investment bank holding companies. The legislation was signed into law by President Bill Clinton.

While the mainstream media will 'sell' the idea that stocks rise on 'earnings' or 'the economy', most by now realize that the marginal move in stocks is always about the marginal buyer or provider of liquidity. tyler

Tina Fomo, the girl with the black dog.

end of file

[aeden]

https://books.google.com/books?id=Jx5aD ... ox&f=false

https://www.bloomberg.com/news/articles ... -time-bomb

We noted this a long time ago with the thread: vix and and the sheep pens discussions.
The sheep pens we mentioned are full for the harvest also Sat Nov 12, 2011 5:28 am

H your flutter discussion, and other folks. The butterfly chart pattern was correct.
The bee hive has been kicked and it was just another matter in time.

A Taxpayer.

[Higgenbotham]

H your flutter discussion, and other folks.

The only thing that's surprised me is the stock market hasn't lost about half of its value from the all time high of about a week ago.

But the March S&P futures did lose over 12% from the all time high of 2878.50 on 01/29/2018 to the low of 2524.00 on 02/06/2018 as can be verified here:

https://www.barchart.com/futures/quotes ... tive-chart

A decline of this speed has never happened this soon after an all time high. Examples:

* In 1929 it took about a month to lose 15% from the 09/03/1929 all time high.
* In 1987 it took about a month to lose 10% from the 08/25/1987 all time high.
* The flash crash happened 10 days after the 04/26/2010 high (not an all time high though).


I had posted my predictions for what I believe will be the coming Dark Age but deleted them because I felt they were too unprecedented and shocking to post publicly. But I have since found similar predictions here and there, so will leave them up:

My more specific predictions would be:

• There will be a major global financial panic and crisis. Supply chains will break, resulting in unavailability of critical raw materials and components. Global trade will begin to shut down. As it begins to become apparent that the supply chain linkages are permanently broken, the global interlinked financial markets will shut down and cease to exist. This will all happen very quickly. It will not take years from the initial panic.
• The focus of governments will turn to controlling their panicked and hungry populations. Due to lack of availability of imported goods and adequate storage "sufficient to reconstitute" a system consistent with nation state government, this will prove to be too little too late and most government will devolve to the local level as populations lose faith in their national governments and the national governments lose the resources and ability to control their populations.
• There will be no large scale nuclear war. Instead, the population will be culled through starvation, local strife (including settling of long-standing scores) and disease. Wave after wave of pandemics will sweep the world.
• Similar to national economies and governments, centralized utilities will fail or become so decrepit as to be unsafe and unusable. All centralized utilities including the power grid will shut down permanently.
• The initial worldwide kill rate during the first couple decades following the financial panic will exceed 90%. The global population will be in the range of a few tens of millions when the bottom is hit in two or three centuries. Similar to the last dark age, the world's largest cities will have a population on the order of 25,000 and a large town will be 1,000.
• Life during the coming dark age will be similar to the last dark age but worse due to environmental damage and pollution.

[aeden]

I have taken some information down before because it was to shocking also H as you know indeed.

The disinformation effects as we know always start from above and works it's way down,

Like a few others we will sharpen out some key themes since head winds in this cycle are going to stall aggregate movement

on more levels as you point out also clearly.

The levered products it was noted have annihilated over 208 billion in saving of working people.

The sunk cost analysis of assets will be under review as before from the last crisis of trust.

Predictive and preventive measures will assume a major role to asset managements as before.

https://youtu.be/PH3_-TdoNkQ

https://www.zerohedge.com/news/2018-02- ... r-damascus

https://www.project-syndicate.org/comme ... on-2018-02

https://books.google.com/books?id=Jx5aD ... ox&f=false

The supply of victims will not diminish going forward.

rule rising 13."Pick the target, freeze it, personalize it, and polarize it." Cut off the support network and isolate the target.
Go after people and not institutions; people hurt faster than institutions.

As before this is the season seen then and again it appears.
http://www.hri.org/docs/bryce/bryce.htm
We have just picked up fifteen babies. Three are already dead. They were terribly thin and ailing when we found them. Ah! If we could only write all that we see." -- Extract from a letter dated Marash 4th June, 1915, published in "Sonnenaufgang," September,1915.

To do nothing is the crime. The Office has our support in this season of despair.

We only ask for common sense in the madness of affairs.

I sad thing is we cannot convey what is. 70 x 7 we are commanded to forgive.

[John]

> I had posted my predictions for what I believe will be the coming
> Dark Age but deleted them because I felt they were too
> unprecedented and shocking to post publicly. But I have since
> found similar predictions here and there, so will leave them
> up:

Are you kidding me? I post shocking predictions all the time.

You simply lost your nerve.

[Higgenbotham]

> I had posted my predictions for what I believe will be the coming
> Dark Age but deleted them because I felt they were too
> unprecedented and shocking to post publicly. But I have since
> found similar predictions here and there, so will leave them
> up:

Are you kidding me? I post shocking predictions all the time.

You simply lost your nerve.

This week was not the start of the next (and I would add, last) global financial crisis. The stock market will make yet another new all time high before that happens.

[CH86]

A stock market crash would not destroy civilization. The market Crash would destroy those entities that heavily invested in the bubble that leads to the crash but largely leave everything else mostly unscathed.