Today's market summed up...

The post-Christmas period started badly with a Bloodbath in Beijing... Biggest drop since August collapse

As Americans stuffed their faces with food and stuffed their sacks with gifts, three young German men had another 'stuffing' on their mind. As The Guardian reports, a man died on Christmas Day in Germany after he was hit in the head by a flying piece of metal from a condom machine that he and two accomplices blew up in an apparent robbery attempt.

Submitted by Lance Roberts via RealInvestmentAdvice.com,

When I was growing up my mother had a saying, or an answer, for just about everything…as do most mothers. Every answer to the question “Why?” was immediately met with the most intellectual of answers; “…because I said so”.

Robert Murray is no fan of Barack Obama. 

Murray, you’re reminded, is the CEO of Murray Energy. Earlier this year, the company laid off 21% of its employees, with the majority of the cuts coming in West Virginia, which was staring down a $195 million budget gap thanks to the slide in coal prices.

Despite the increasing perception of policy divergence between The US and the rest of the world, it appears 'factors beyond the control of the central planners' has stymied hope for any US-based sparking of global growth. Between The Fed's liquidity withdrawal and the deflationary tsunami from an emerging world buried in credit-fueled mal-investment, it is increasingly clear that central banks have lost control and everything is now going down together.