A little over a week ago, Marc Faber dialed in from Thailand to chat with Bloomberg TV about the outlook for US equities, the American economy, and USTs in the new year.
The US is "already in a recession," the incorrigible doomsayer said.
Declassified documents show that JFK wrote a letter to the head of the CIA demanding the release of secret UFO files just days before he was murdered. The memo is one of two confirmed declassified documents released by the CIA and obtained under the Freedom of Information Act John F. Kennedy wrote the memo to the CIA on November 12, 1963 and was killed on November 22, 1963. The memo says: It would be very helpful if you would have the high threat cases reviewed with the purpose of identification of bona fide as opposed to classified CIA and USAF sources.
Submitted by Nick Cunningham via OilPrice.com,
Energy investors got clobbered in 2015, and are hoping for things to turn positive as we head into the New Year.
What can we expect in 2016? Here is a rundown of some key trends to watch for:
A girl from Syria was tortured to death at the hands of a female ISIS extremist, for not complying with the Islamic caliphate’s dress code. Signs on her body reveal that she could have been beaten to death by ISIS terrorists, in the northern city of Manbij. ABNA reports: The 21-year-old victim, who was arrested last week for violating the Islamic dress imposed by ISIS extremists, died under torture at the hands of an ISIS female, known as Oum Farouq, in the ISIS detention center in the Syrian border city of Manbij.
As Wall Street axioms (Santa rally, January effect, as goes January etc.) are rapidly falling by the wayside at the start of 2016, following a chaotic but return-less 2015, the UBS analysts who correctly forecast last year's volatility are out with their forecast for 2016. It's simple - Sell Stocks, Buy Gold.
UBS Technical Analysts Michael Riesner and Marc Müller warn the seven-year cycle in equities is rolling over.