Month: September 2015

The Stock Markets Of The 10 Largest Global Economies Are All Crashing

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Globe-Interconnectedness

– The Stock Markets Of The 10 Largest Global Economies Are All Crashing:

You would think that the simultaneous crashing of all of the largest stock markets around the world would be very big news.  But so far the mainstream media in the United States is treating it like it isn’t really a big deal.  Over the last sixty days, we have witnessed the most significant global stock market decline since the fall of 2008, and yet most people still seem to think that this is just a temporary “bump in the road” and that the bull market will soon resume.  Hopefully they are right.  When the Dow Jones Industrial Average plummeted 777 points on September 29th, 2008 everyone freaked out and rightly so.  But a stock market crash doesn’t have to be limited to a single day.  Since the peak of the market earlier this year, the Dow is down almost three times as much as that 777 point crash back in 2008.  Over the last sixty days, we have seen the 8th largest single day stock market crash in U.S. history on a point basis and the 10th largest single day stock market crash in U.S. history on a point basis.  You would think that this would be enough to wake people up, but most Americans still don’t seem very alarmed.  And of course what has happened to U.S. stocks so far is quite mild compared to what has been going on in the rest of the world.

Right now, stock market wealth is being wiped out all over the planet, and none of the largest global economies have been exempt from this.  The following is a summary of what we have seen in recent days…

Read moreThe Stock Markets Of The 10 Largest Global Economies Are All Crashing

U.S. air radiation surges higher: Worrisome beta radiation spikes to four-month highs coast to coast

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– U.S. air radiation surges higher (Enviroreporter, Aug 7, 2014)

Beta graphs of the U.S. Environmental Protection Agency show a sharp increase in air radiation levels across the country according to a new EnviroReporter.com radiation analysis released Wednesday.

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The One Phrase That Actually Matters In Yellen’s Speech: “Nominal Interest Rates Cannot Go Much Below Zero”

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– Janet Yellen Falters During Speech, Receives Medical Attention, All-Clear Given:

“Yellen faltered at end of her speech. Last page was agonizing. I don’t think she felt well but she seemed better when she left the stage.”

– The One Phrase That Actually Matters In Yellen’s Speech: “Nominal Interest Rates Cannot Go Much Below Zero”:

“…the federal funds rate and other nominal interest rates cannot go much below zero, since holding cash is always an alternative to investing in securities. … the lowest the FOMC can feasibly push the real federal funds rate is essentially the negative value of the inflation rate. As a result, the Federal Reserve has less room to ease monetary policy when inflation is very low. This limitation is a potentially serious problem because severe downturns such as the Great Recession may require pushing real interest rates far below zero for an extended period to restore full employment at a satisfactory pace.“

Chinese Military Personnel, “Aerial Assets” Allegedly En Route To Syria

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FYI.

– Chinese Military Personnel, “Aerial Assets” Allegedly En Route To Syria:

“According to a senior officer in the Syrian Arab Army (SAA) that is stationed inside the Syrian coastal city of Latakia, Chinese military personnel and aerial assets are scheduled to arrive in the coming weeks (6 weeks) to the port-city of Tartous – he could not provide anymore detail.”

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David Petraeus, “Treasury Analyst”: Please Don’t Quit Your Day Job

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Gen. David Petraeus in a photo with his biographer and mistress Paula Broadwell

– David Petraeus, “Treasury Analyst”: Please Don’t Quit Your Day Job:

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Moving on, but it only gets better because suddenly, out of the blue, a new Treasury bond market analyst emerges: none other than disgraced former CIA head David Petraeus, who somehow avoided treason charges when it was revealed that he had a mistress to whom he had leaked confidential material resulting in his prompt termination from the CIA, only to reemerge several years later…. as a Treasury market expert (as well as being recently hired by KKR, of course, just so the private equity company can scrub all of his formerly confidential knowledge before giving him the boot in the nearest future).

CNN introduces him as follows: “Petraeus is one of America’s brightest minds on matters of national security. He served as a top military commander in charge of troops in Iraq and Afghanistan before becoming director of the CIA in 2011.”

Leaving aside the laughable assertion of the first statement, after reading some of his comments we can only imagine he, as a member of the “intelligence community”, is a devoted subscriber of the abovementioned “Strategic Intelligence” newsletter.

Because here is the one statement from Petraeus that we read, read again, then kept rereading for one simple reason…

“There is no shortage of customers for the purchase of U.S. Treasuries,” said Petraeus…. “Given the relative strength of the U.S. economy and the prospect of the Fed raising interest rates at some point in the months ahead, I suspect there will continue to be very keen interest in U.S. Treasuries,” Petraeus said.

… everything in it is dead wrong.

Read moreDavid Petraeus, “Treasury Analyst”: Please Don’t Quit Your Day Job

Inflation Watch: Butter Prices Hit All-Time Record High

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– Inflation Watch – Butter Prices Hit All-Time Record High:

Butter prices hit $3.10 per lb today in Chicago trading – a record high – as it appears the expectations of production increases after the EU milk quota system expired in March have proved “wildly optimistic.” Of course, no one should complain at the rising cost of staples like butter (or toilet paper), just ask Jamie Dimon… “let them eat iPhones.”

Record Snow In Siberia

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Related info:

– Nobel Laureate Ivar Giaever: ‘We’re Told That The Ice In Greenland Will Disappear’ … But There’s No Warming There (Video)

– Record snow in Siberia:

Record for the entire month of September.

21 Sep 2015 – Specialists portal recalled that last week, that is, in mid-September in Krasnoyarsk observed “it is winter landscapes.”

Snow fell in almost all regions of Siberia, and in some places even formed a temporary snow. In Evenkia its height in some places has already reached 6 – 10 cm.

Read moreRecord Snow In Siberia

Brazilian wasp venom kills cancer cells by opening them up

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Brazilain social wasp Polybia paulista

– Brazilian wasp venom kills cancer cells by opening them up:

The social wasp Polybia paulista protects itself against predators by producing venom known to contain a powerful cancer-fighting ingredient. A Biophysical Journal study published September 1 reveals exactly how the venom’s toxin—called MP1 (Polybia-MP1)—selectively kills cancer cells without harming normal cells. MP1 interacts with lipids that are abnormally distributed on the surface of cancer cells, creating gaping holes that allow molecules crucial for cell function to leak out.

Read moreBrazilian wasp venom kills cancer cells by opening them up