Submitted by Michael Lebowitz via 720Global.com,
“What The Fed did, and I was part of it, was front-loaded an enormous market rally in order to create a wealth effect… and an uncomfortable digestive period is likely now.” – Former Dallas Federal Reserve Governor Richard Fisher – January 5, 2016.
The US Senate is ready to give Obama, and the next president, ‘unlimited’ military powers that amounts to a declaration of martial law upon the entire world. A new AUMF (Authorization for Use of Military Force) written by the Republican neocon Sen. Lindsey Graham, will allow the president to wage war anywhere in the world without congressional approval. The Free Thought Project Reports: Majority leader Mitch McConnell surprised almost everyone last week by saying he has a war resolution ready to be voted on at any time.
By EconMatters
Energy Bankruptcy Boom 2015
Dozens of oil and gas companies went into bankruptcy last year. While energy E&P companies were dropping like flies in 2015, credit rating agencies and banks have remained awfully quiet and apparently buried their heads in the sand.
By Francesco Filia, CIO of Fasanara Capital
US Inflation Expectations Closing Gap To Europe's
In January, surprisingly, US Inflation expectations, as measured by 5y5y forward inflation swaps, plunged closer to European forward inflation rates (within 10bps from 5yr lows).
In stark contrast, the 5y interest rates spread between US Treasuries and Bunds stands near its 5-yr highs, as the FED expects (and is expected) to raise rates, while the ECB contemplates deeply negative interest rates.
Seemed appropriate...
But we just had to show this...Who says bears don't know how to have fun?
http://www.youtube.com/watch?v=Rvd-lb83y_k