“You’re either at the table or on the table”
It is old Wall Sreet statistical math that the first 4 days of the market in a New Year indicates a high degree of probability of the direction fo the entire year. It is called the “January” effect.
Over the past 7 years, the private corporation that prints money for U.S. at interest, has created out of thin air and some additional $15 Trillion in debt for all those who reside in the States while keeping rates at zero so interest effects would not derail the huge rally since that time in stocks.
It’s over! Sell! Raise cash. Buy precious metals. Grow food. Become self reliant and self sufficient. Trade, barter, swap, give as new forms of exchange w/o government taxes, rules, regulations, laws, violations, fines, etc. They have done us no favors and put our children in a massive, never before seen debt hole that will affect/effect them and generations to follow….all part of the NWO plan.
Something Big is Happening December 18, 2015
Fed Treasury shill Yellen raised rates. China’s Huan currency now competes with the U.S. dollar as a world reserve currency and the Asia is now the next step towards a Trilateral NWO where the Euro, the coming Amero and the Asia-oh?? will be the currencies, once the world SDR reset takes hold, as I’ve written about before.
Student debt, Prime mortgage car debt and now credit card debt is closing in on $1 Trillion dollars on top of the Prime mortgage home debt where rising rates will increase numbers of homes foreclosed and bought up by wealth elite “slumlords” like the Blackstone Group.
|Total owed by average U.S. household carrying this type of debt||Total debt owed by U.S. consumers|
|Credit cards||$15,355||$712 billion|
|Auto loans||$26,530||$1.03 trillion|
|Student loans||$47,712||$1.21 trillion|
|Any type of debt||$129,579||$11.91 trillion|
Now add in some $148,000 per man, women and baby-to-be-born from gov’t borrowing on our account with over 70% of the people in the U.S. with no savings whatsoever and you get one heck of a collapse…just as Obama is trying to take away all guns from all as the chaos is set to begin.
You thought 2007/08 was painful where values of some stocks lost some %40 of value, wait ’til this one plays out because all of the rally the past seven years in stocks, home prices, etc. was all built on DEBT! and their is no floor this time once the markets begin to balance the ledger, which it must do.
Yesterday, the first day of the new year trading was a club across world markets with a never before seen halt in trading of Chinese stocks, where exchanges fell some 7%.
This has sparked liquidity fears and panic selling in markets, yet has set the trend for mass capitulation of stocks in the near and distant futures, since once rates rise, economies contract due to the mass interest costs alone.
The collapse, which followed the release of weak economic data on Monday, raises fresh doubts about regulators’ capacity to wind back heavy trading restrictions implemented in the wake of a massive summer stock market crash in which major indexes lost as much as 40 percent before top leadership intervened.
In fact, many analysts attributed the decline to the imminent end of a 6-month lockup period on share sales by major institutional investors, a policy implemented to shore up indexes in the wake of the crash.
“This is quite unexpected,” said Gu Yongtao, strategist at Cinda Securities.
“The slump apparently triggered intensified selling, while the trigger of the circuit breaker seems to have heightened panic, as liquidity was suddenly gone and this is something no one has experienced before. It was a stampede.”
Another amazing admission that us “Co-Incident” theorists have been screaming for years has now been admitted by the biggest thieves themselves.
It used to be the provenance of “conspiracy theorists” – alleging that central banks have manipulated, rigged or otherwise broken the “efficient market.” That is no longer the case.
As we previously showed, now even the big banks admit it.
However, since for some unknown reason the broader media has yet to catch on to this concept which exonerates the “tinfoil” crowd and makes a mockery of the “bull market” of the past 7 years while posing some very troubling questions about how it all ends, here again is Bank of America explaining not only how “central banks have unfairly inflated asset prices” with the “market aware the price of risk is not correct”, but why the biggest risk to the financial system is a “loss of confidence in this omnipotent CB put”
And the cherry on top comes from JPMorgan which declares “Mission accomplished – QE drives up equity valuations”
Sources: “Fragility is the new volatility” by Benjamin Fowler, Global Equity Derivatives Rsch, Bank of America, December 9, 2015; “Eye on the Market Outlook 2016” by J.P.Morgan Private Bank