crash

NUCLEAR WAR IMMINENT! Russia Tells Citizens to Know Where Nearest Bunker is Located (Video)

by John Galt October 14, 2016 18:50 ET This NTV Televison report from Russia has the Western media a tad bit freaked out(Translated): Experts talked about the scenarios of nuclear war with the US It has finally come to this. The Russian Federation is warning its citizens to locate and know their path to the nearest fallout shelter. The American government is warning its citizens to no longer pray but to go ahead and have sex with strangers using apps and to get in shape by playing Pokeman. Wow. First, here…


Welcome to the B.R.U.S.A.

by John Galt October 12, 2016 20:00 ET Welcome to the Banana Republic of the United States of America (B.R.U.S.A.) In just the past week we’ve had stories like this one: And this one (warning uncensored language): And this one: John Podesta Asked Hillary Clinton to Court ‘Needy Latinos’ in WikiLeaks Email And this one: At Wells Fargo, Complaints About Fraudulent Accounts Since 2005 Of course the media is now part of the Clinton campaign so that officially puts us in Third World territory (via WikiLeaks): Of course when a Banana…


The Unofficial Presidential Debate Drinking Game: Porn King vs. Murderess

by John Galt October 9, 2016 17:00 ET Just when you think the Presidential race of 2016 couldn’t sink any lower, well, BOOM! There ya go. In the RED Corner we have the Perverted Purveyor of Pussy Policital Pontification, Donald “Grab ’em Where it Counts” Trump. In the BLUE Corner we have the Killer of Chappaqua, the Queen of Mean, the Butcher of Benghazi, the one, the only, Hillary “You’ll like me or I’ll kill you” Clinton. Bill Clinton will not be in attendance tonight as he wants to find some…


10.09 Saudi Stock Market Plunges another 2.2%

by John Galt October 9, 2016 08:45 ET So much for the idea that this rally will carry the world into a new camel, er, bull market. (chart via Bloomberg) This is not a predictor for the future, but if it is a hint as to how disturbed the force is with the potential for World War III starting any moment, world markets could drop far and fast without much warning.


The Unofficial 2016 1st Presidential Debate Drinking Game Rules: Bullfest 2016

by John Galt September 26, 2016 17:00 ET Yup, the theme tonight is “don’t say facts, say bull!” Here is the Fox News live video link for the program tonight: Welcome to Bullfest 2016, America’s every 4 year fertilizer spreading festival known as the Presidential Debates. In the Blue corner, we have the nastiest woman alive, willing to kill soldiers, lawyers, and interns to stay in power regardless of how much bonking her husband engages in and regardless if they are of legal age or not. Her qualifications are that she…


What the Federal Reserve Really Said Today: We Despise Trump

by John Galt September 21, 2016 19:20 ET The Federal Reserve Open Market Committee (FOMC) issued their statement on interest rates and the always wrong economic outlook at 2 p.m. today (From the Federal Reserve webpage): Release Date: September 21, 2016 For release at 2:00 p.m. EDT Information received since the Federal Open Market Committee met in July indicates that the labor market has continued to strengthen and growth of economic activity has picked up from the modest pace seen in the first half of this year. Although the unemployment rate…


Sandbagging, Fraud, and a $124.6 Million Bonus for this Performance from Wells Fargo

by John Galt September 12, 2016 19:45 ET Apparently Wells Fargo has adopted this as their corporate philosophy: Yeah, it’s that bad. Via Gizmodo today: Wells Fargo Executive Linked To Scam Gets $124.6 Million Payday Yup, you read that right boys and girls. You can oversee the commitment of gross and obvious fraud against 2 million customers and get paid damned well. A brief excerpt from the article: Wells Fargo executive Carrie Tolstedt will receive a $124.6 million payday when she retires at the end of this year, despite overseeing the…


The Bull Market is Now Officially Over

by John Galt September 10, 2016 22:20 ET Before I go into any great details as to why I think this horrid bull market is over, albeit horrid only because it is Federal Reserve purchased and promoted bull, I wish to review the markets at the end of trading this past Friday, September 9 (courtesy of the Wall Street Journal). How bad was it really? -NYSE down ratio of 13:1 on 4.3 billion shares -Nasdaq down radio 6:1 on 2.18 billion shares meaning it could have been worse -Dow Transports down…


No Matter What Janet Yellen Says, She Will Trigger this Outcome

by John Galt August 26, 2016 05:15 ET Maximum pain is on the way. What is about to hit could have been avoided, but knowing the pragmatic nature of central bankers they will simply state what they think the markets and world wants to hear. This time it is different. Between what she says at Jackson Hole today, which will be released at 10 a.m. ET, and the news slowly leaking out of Europe, by the time we get to the October surprise for the markets, all hell will be breaking…


Yeah, the Effing Real Estate Bubble is Back and Bigger than Ever

by John Galt August 21, 2016 02:00 ET Yeah, it’s that bad. I’m witnessing homes in one of my relative’s neighborhood that should go for $200 K TOPS being speculated at $390,000+. The fucking investors have bailed out and I can’t name who, where, or why thanks to the big banks suing everyone else out of existence in 2008-2009, but let me tell you the fucktards are back on informericial television on late night and radio promoting their “flip this home” insanity once again. It’s my fault. I decided to have…


Welcome Back to the Stock Market Toppy, Top, Top, of Toppiness

by John Galt August 15, 2016 20:15 ET Yeah, okay, maybe not the best version of the song, but I think my readers understand my point. The S&P 500 closed at another already record super duper CNBCgasm high today on low volume and a very questionable economic and technical structure. Just like it did in 2007. While the insanity with in the major indexes reflect a mania, a bubble, a parabolic blow off, etc., etc., the off the radar investment warning signs are everywhere with dark pool deals which would make…


George Soros Apparently Wants Unlimited Terrorist Migration from the Middle East

by John Galt August 14, 2016 20:45 ET A little known organization called DC Leaks which apparently has access to the hacker community has published reams of documents from George Soros’ Open Society Foundations and other so called NGO (Non-Government Organizations) which he and his associates have used to influence elections, foreign policy, and in some cases apparently open revolution and conflict. One of the more stunning revelations comes from an August 16, 2015 document which highlighted global opportunities around the world; one of which is pretty black and white for…


Marc Faber Sends a Chilling Warning: S&P 500 Could Decline 50%

by John Galt August 9, 2016 18:40 ET Marc Faber, often referred to as “Dr. Doom” among many other nicknames from the bulls who hate it when he turns super bearish (and some when he turns bullish for that matter), was on CNBC earlier today and dropped this bomb on the pump-and-dump stock infomercial network: For the mathematically challenged and government employees who might have heard what he said but failed to comprehend, that would put the S&P 500 around 1100 and the Dow Jones Industrial Average somewhere between 9,000 and…


November 12, 2016 WW3: Over There, Over There

by John Galt July 30, 2016 23:30 ET Ah yes, the joys of war in Europe. Think it can not happen again? This fictional account is to remind everyone just how close America and NATO are to engaging in a conflict it is neither ready for nor desires. While we brag about our whiz-bang technological advantage, there is a difference between starting a conflict with Russia and finishing it conventionally on their territory. Many a nation have tried to conquer the Russians and many have failed. Without the American public being…


There Has Been a Disturbance in the Force or Yen-Dollar Actually

by John Galt July 26, 2016 04:55 ET While equities continue to perform the high wire act like a cocaine laden airplane flying around with the pilot using his cargo, Forex markets continue to occasionally flash warning signs that may indeed intensify with all of the major central bank activity happening this week. This morning there was a disturbance in the force: This either indicates an expected lack of action by the Fed possibly, which is logical, worse an inept course of action by the Bank of Japan or something much…


Hillary Clinton has Another Reason to Hate Obama

by John Galt July 19, 2016 20:45 ET Poor Hillary. Okay, I’m joking and right about now the 5 Clintonistas that read my blog on a daily basis are probably blathering about what kind of hate I’m about to spew about their witch, er, candidate. Unfortunately, for them, this is an observation on the gift that keeps on giving: the manipulated fraudulent Obama economy. After eight years of manufactured and at best fictional economic data the Clinton campaign should be worried about what is about to hit. Besides, as she says…


If China’s Big Mama’s are Buying Precious Metals, Why Aren’t YOU?

by John Galt July 17, 2016 21:45 ET The “Big Mothers” in China are buying gold in much larger quantities because they expect global instability and currency rate disruptions No, no, no, not that Big Mama, more like the women shopping here: The truth is astonishing as this story tonight from the South China Morning Post reveals: Hong Kong hits the jackpot as mainland China’s ‘Big mothers’ hoard gold amid troubled times Excerpt: Chinese customs data released last week showed imports from Hong Kong to the mainland increased in May mainly…


Deutsche Bank Implodes to New Record Low Prices in Europe

by John Galt July 6, 2016 05:30 ET Whatever caused the snap, kerplunk, or “BOOM” at 04:30 ET this morning, it has continued with Deutsche Bank deteriorating rapidly now down over 5% in European trading: Whatever is happening, it has driven the German 10 Year Bund to a record -0.20% and the US 10 Year Treasury yield to new record lows close to 1.320%! Somewhere the smart money knows there is a major shoe about to drop, be it Italy, the United States, or Asia and they understand that it will…


The Shellacking Continues as Britain is Just the Tip of the Real Estate Iceberg

by John Galt July 5, 2016 20:50 ET The absolutely bull whipping of investors in foreign real estate continued today as 2 more property funds in the United Kingdom froze redemptions after Standard Life started the ball rolling on July 4th. M&G became the third company to shut down redemptions from its property fund as it stated (via Bloomberg): “Investor redemptions in the fund have risen markedly because of the high levels of uncertainty in the U.K. commercial property market since the outcome of the European Union referendum. Redemptions have now…


The Smart Money is Betting on More Economic Pain Today

by John Galt July 5, 2016 05:15 ET The smart money, as I warned about last week, is ignoring the so-called low volume rally and fleeing to safety. Need proof? Check these two charts out: If the US 10 Year breaks below the 1.35% yield, odds are it will fly down to 1.25% then on to a flat 1% yield. Regardless of what the bubbleheads say on financial television this will be a massive shift of billions of dollars out of potential investment pools for equities which will further squeeze a…


Brexit is the Bear Stearns/Lehman Bros. Moment

by John Galt July 4, 2016 17:40 ET The United States equity and bond markets resume trading on Tuesday July 5th, but whoa be it for those who are unprepared. Tonight the breaking news in the English media indicates that Brexit is not only a Bear Stearns v2.0 Moment as ZeroHedge puts it, but in fact could be a lot worse. The details have made it to the front pages of the U.K. press, starting with the Guardian: Standard Life shuts property fund amid rush of Brexit withdrawals Excerpted: Investors in…


Stock Market Bellwether Update: Going Nowhere Fast

by John Galt July 4, 2016 13:30 ET As America celebrates our 240th birthday and the central banksters of the world celebrate their short squeeze rally of the past five sessions, the truth about where this stock market is somewhat murky. I listen to many of the stock market “call in” radio shows not for advice; but to gauge the sentiment of the sheeple, those poor, stupid suckers who held on to Bear Stearns, Washington Mutual, and General Motors because some “broker” on the radio told an old lady that they…


Ignore Today’s Stock Market, Watch the Smart Money

by John Galt June 28, 2016 21:30 ET Poindexter and the rest of the nerds are trying to send you a message. Can you hear them? Maybe this will help: The oversold market finally had a dead cat bounce. Why does anyone with a brain call it that? Look at the volume last Friday: Today’s “rally” was not even close to the panic selling levels nor yesterday’s volume totals. So what indicators are telling the truth about the equity markets? The smart money; which does it every time during every crash…



06.27 Market Deathburger: The EuroCarnage Continues after Brexit

by John Galt June 26, 2 016 15:30 ET I shall keep this as a running update as trading and markets open. Needless to say, currency markets in Asia have opened and the carnage continues unabated so look for Bank of Japan and Swiss intervention soon enough. 05:00 ET – While equity futures are not indicating panic, the bond market is screaming a move into safety. This could be another long day and the key level to watch on the S&P 500 is 2020 as a violation of that figure at…


Middle East Markets Hit Hard but Stabilized on Sunday after Brexit Vote

by John Galt June 26, 2016 11:00 ET The running theme in equity markets around the world has been to panic, sell, and pray for some sort of government intervention. In the Middle East that is no different except the intervention must come from the monarchies not from central banksters and indeed that is what happened throughout the Gulf Cooperation Council (GCC) nations today. The interesting pattern in all the charts is massive selling on the open and some recovery towards the close however in those nations where the royal families…


Today’s Market Action was Ugly but not the Big One

by John Galt June 24, 2016 20:15 ET With much respect to the Sex Pistols for creating this song just for events like today: But this wasn’t the big market crash that the bears or for that matter, the bulls, had hoped to get out of the way. The NYSE volume was 10:1 + to the downside, but not the NASDAQ VOLUME nor the advance/declines (data via WSJ.com): Meanwhile the bellwethers are signaling trouble ahead. In honor of Brexit let us just say they are sinking like the old Great Britain…



06.24 US MARKET DEATHBURGER: Black Friday Brexit Burgers Now Being Served

by John Galt June 24, 2016 02:00 ET I have never been so happy to be so wrong in all my life. I honest to God did not think my limey crazy assed brethren had the jewels to vote for Brexit, but they did. If TPTB do not stop them through a technicality or loophole in the Parliament, then this move is nothing more than a vindication of the insanity we are witnessing in American politics where an unconvicted felon is allowed to run against a reality TV show millionaire/billionaire. Thus…




Monday was NOT a Good Day for the Stock Market

by John Galt June 21, 2016 05:00 ET The stock market on Monday was a lot like the Trump campaign; it looked good from the outside but when you lifted the hood it was a complete and total wreck. Yesterday was a complete and total technical disaster. Huge rally on light volume, selling into each hourly rally, then failing to close anywhere near the highs with selling into the close. This morning futures are up but once the gap is filled in the 2091-2097 range look for more selling as anyone…


Bellwether Weekly Update: AAPL & GS Clank Again this Past Week

by John Galt June 19, 2016 21:30 ET   So another week and another warning from my bellwether stocks, Apple and Goldman Sachs. There is no serious middle class consumer demand and there appears to be no desire to invest in further expansion of companies unless it is to use cash on the balance sheet to buy smaller companies like Microsoft did with LinkedIn. Thus based on futures tonight we might get a dead iPhone bounce or maybe even a better dead Bankster bounce from Goldman but in the end, the…


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…


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…



Ambrose Evans-Pritchard: Why I am voting to leave the EU

by John Galt June 12, 2016 20:10 ET In what can only be called a stunning editorial in tonight’s edition of the UK Telegraph, Ambrose Evans-Pritchard hammers it home with a stunning rebuke of the pro-European Union forces inside the United Kingdom with this editorial: Brexit vote is about the supremacy of Parliament and nothing else: Why I am voting to leave the EU Holy smokes! This is somewhat earth shattering as the conventional economic thought inside England was to remain and muddle through with a partnership both with France and…


Market Trouble Ahead as the Bellwethers Break

by John Galt June 12, 2016 19:40 ET I’m going to keep this short, simple, but loaded with graphs so everyone can see what happened last week to the 2 bellwether stocks in the equities markets, Apple, Inc. and Goldman Sachs. Why I have tagged those two issues is irrelevant; I just advise everyone to remember 2007-2009 when General Motors and IBM were the bellwethers and what happened to the markets after they broke down. Both of these stocks are widely held, usually reliable leaders in bull markets and vice-versa, and…


China Drops a Silent Economic Bomb: Hints at Bankruptcy Rules for Financial Sector

by John Galt June 12, 2016 17:55 ET The one thing that foreign investors had always been able to count on with the People’s Bank of China (PBOC) and the Communist Party of China was that no matter how bad the conditions in their financial sector may get, the government and PBOC will always find away to restructure the debts or ensure the continued operation of the entities to avoid an outright default. Sunday, during the Lujiazui Forum in Shanghai, that theory was turned on its head. From the South China…


Saudi Aramco Blunders Again by Raising Oil Prices to Asia During a Bear Market

by John Galt June 5, 2016 10:40 ET The national oil company of Saudi Arabia, ARAMCO, announced today that they will be raising oil prices to Asian customers due to “robust demand.” In reality, this move flies into the face of reality and logic as the bounce in oil prices at this time is nothing more than a dead cat rebound in the midst of an over-supplied global bear market rout. Or did the Saudis just decide to ignore this picture and act for different reasons? Thus the story from Bloomberg…


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