14/06/2016

MSCI will NOT Include China A-Shares in Emerging Market Index

by John Galt June 14, 2016 17:14 ET WOW! This will not help the Shanghai markets tonight and probably will cause massive tankage in Hong Kong also. Via CNBC: Key MSCI emerging markets index rejects Chinese mainland stocks, again MSCI on Tuesday said it would delay inclusion of the mainland-traded Chinese A shares in its key emerging market index. In a release, MSCI said investors needed more time to assess the effectiveness of the Qualified Foreign Institutional Investor program (QFII) investment quota allocation, capital mobility policy changes and the effectiveness of…


Did Russia Just Order a Full Mobilization of its Armed Forces for War?

by John Galt June 14, 2016 15:35 ET The news this week has been moving hot and fast in Eastern Europe as the US Military via NATO has announced that 4 battalions will be re-positioned in Estonai, Latvia, Lithuania, and Poland to counter “Russian aggression” even though there has been no direct evidence presented of an impending Russian invasion of any NATO nation. CNN covered this story yesterday: NATO chief: 4 battalions to Eastern Europe amid tensions with Russia Excerpted: Each of the battalions is expected to consist of up to…


German 10 Yr Bund Yield Goes Negative for First Time in History

by John Galt June 14, 2016 04:50 ET Just when anyone in the investing world thought it couldn’t get any more nuts than it has been, German government bonds send the most alarming signal ever with their 10 year Bund yield dropping into negative territory for the first time in history: Meanwhile, US 10 Year Treasuries are now have a yield with a 1.5 handle this morning: If the US 10 year breaks below 1.50% that usually correlates with a stock market some 10-15% below current levels. This really ties the…


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