The "up-to-the-minute Market Data" thread

Originally posted by camaro68ss
so any ideas on when we should head for the hills, Literally?

My que is when JP morgan, or Bank of America fall.

Head for the hills... you should be using the time we have left to set up some kind of ``cabin`` outside cities with food, guns and ammo...

I think it has to get much worse before heading for the hills.

Originally posted by Vitchilo

Originally posted by camaro68ss
so any ideas on when we should head for the hills, Literally?

My que is when JP morgan, or Bank of America fall.

Head for the hills... you should be using the time we have left to set up some kind of ``cabin`` outside cities with food, guns and ammo...

I think it has to get much worse before heading for the hills.

well yes we have a retreat thats being set up for the last year. but it 4 hours away. I know we still have time but once the masses see its all over then its to late for you to get out.

Yikes!

reply to post by CarlosAranha


Oh dear, that can't be good!!

Lets just get this thing over with, bring in a system that works.

Why can they not sort this crap out without all the drama and fear and bloody hoohar. They have only had TEN flippin years to plan something. I just want the BS to end!!!

PULL THE PLUG ON IT! LET IT DIE!! Be safe everyone x

If their is a major global crash do you think that
their will be a shift in boarders. I was wondering
weather the United States would stand united.
or would 2012 be a good year to start your own country.
I don't think eropean boarders will remain in stasis.
russians will probably recaim a bit of land too.

If a few states could secede and go back to the constitution, that would be neat.

Deutsche Bank on Europe: 'It's Not Inconceivable That We Could Be In Full Crisis Mode By The End Of This Week'

Its not inconceivable that we could be in full crisis mode by the end of this week. The situation with Italy feels increasingly like one that has little chance of materially improving until some extreme pressure is put on someone to act. It may not come to a head this week but the signs are not good that we can avoid an extreme situation emerging soon.

Hong Kong is getting raped at -5%... but recovering...

UBS: Here Are The 19 Countries Most Likely To Default

#19 U.S.
Credit to GDP ratio: 5.1%
Loan deposit ratio: 147%
Public sector debt as a percent of GDP: 92.7%
Total score: 4.8

#15 Canada
Credit to GDP ratio: 23.4%
Loan deposit ratio: 199.3%
Public sector debt as a percent of GDP: 81.7%
Total score: 5.1

#14 Italy
Credit to GDP ratio: 25.3%
Loan deposit ratio: 165.2%
Public sector debt as a percent of GDP: 118.4%
Total score: 5.2

#11 Netherlands
Credit to GDP ratio: 15.7%
Loan deposit ratio: 158.7%
Public sector debt as a percent of GDP: 66%
Total score: 5.4

#9 Belgium
Credit to GDP ratio: 22%
Loan deposit ratio: 98.1%
Public sector debt as a percent of GDP: 100.2%
Total score: 5.5

#8 France
Credit to GDP ratio: 19.4%
Loan deposit ratio: 163.6%
Public sector debt as a percent of GDP: 84.2%
Total score: 5.5

#5 UK
Credit to GDP ratio: 35.2%
Loan deposit ratio: 150.5%
Public sector debt as a percent of GDP: 76.7%
Total score: 6

#1 Ireland

Credit to GDP ratio: 56.1%
Loan deposit ratio: 187.3%
Public sector debt as a percent of GDP: 99.4%
Total score: 7.6

Weird how Switzerland isn't in there... especially with their exposure to European debt and how the banks are way bigger than Switzerland GDP...

reply to post by camaro68ss


I have my bets more on Bank of America than JP Morgan and if JP Morgan goes down so Goldman Sach.

Is something going on with Bank of America but I can not put my finger on it. beside the fines and bailouts is something else that the public have not knowledge.

I call it intuition.

Still I bet tomorrow is going to be hard on the US markets.

Why European Crisis Fears Slammed U.S. Stocks

Without a plan, even a flawed plan, Europe will simply close for business on an International basis. If and when that happens, the whole world will freeze right along with it. The deeper we go into this disruption, the lower corporate earnings throughout the world will be. The lower the profits, the fewer the jobs, until no company on earth can predict with any certainty what their business will look like tomorrow.

The threat of such an outcome is very real and extremely scary. Tens of millions of jobs are at stake. The fate of the financial world as we know it hangs in the balance, and traders are going to bed every night wondering if the head of France will still be in power in the morning.

It's ugly and it's real. Not all fears are irrational. Sometimes there's a monster under the bed and a boogeyman in the closet. This is one of those times.

That's why the market is so volatile and that's why it matters whether you own stocks or not.

Here's a plan : let the big banks fail. Stop paying debt to bankers. Nationalize your central bank. Stop doing insane spending. Stop giving unlimited loopholes to the top 0.1%.

ENFORCE THE DAMN LAWS against EVERYONE, including cops, politicians, lawyers, judges, bankers...

Originally posted by Vitchilo
Why European Crisis Fears Slammed U.S. Stocks

Without a plan, even a flawed plan, Europe will simply close for business on an International basis. If and when that happens, the whole world will freeze right along with it. The deeper we go into this disruption, the lower corporate earnings throughout the world will be. The lower the profits, the fewer the jobs, until no company on earth can predict with any certainty what their business will look like tomorrow.

The threat of such an outcome is very real and extremely scary. Tens of millions of jobs are at stake. The fate of the financial world as we know it hangs in the balance, and traders are going to bed every night wondering if the head of France will still be in power in the morning.

It's ugly and it's real. Not all fears are irrational. Sometimes there's a monster under the bed and a boogeyman in the closet. This is one of those times.

That's why the market is so volatile and that's why it matters whether you own stocks or not.

Here's a plan : let the big banks fail. Stop paying debt to bankers. Nationalize your central bank. Stop doing insane spending. Stop giving unlimited loopholes to the top 0.1%.

ENFORCE THE DAMN LAWS against EVERYONE, including cops, politicians, lawyers, judges, bankers...

You know this is impossible

When an atom becomes saturated with the collected "debt" it becomes radioactive

There really is no such thing as entropy.

Get Ready To Start Paying These Taxes Too

In the pre-dawn darkness of a chilly LA morning, my day started off with a chuckle. A friend in the reforestation business sent me an email detailing the US Department of Agriculture’s new ‘Christmas Tree’ tax that was approved yesterday. I thought it was a joke. It wasn’t.

One can only laugh at the absurdity of the government getting involved in such a matter. But it’s happening more and more.

Along the way as they slide down the slippery slope of economic calamity, governments typically hit the accelerator by resorting to financial repression; rather than making the economy open and attractive to talented people and investment capital, they instead confiscate, inflate, and overregulate.

These tactics include oldies but goodies like civil asset forfeiture, capital controls, and a host of whacky new taxes. Like a Christmas Tree tax, for example.

Sumptuary laws (regulation and taxes over lifestyle habits) are quite common, dating back to the Renaissance period ‘beard taxes’. If you wore a beard during the time of Peter the Great in Russia, or Henry VIII in England, you paid a tax to the government for the privilege.

There are many modern day equivalents of the beard tax– taxes on cigarettes, mobile phones, vehicles, luxury goods, etc. We should expect the introduction of even more– a national sales tax, an Internet tax, a carbon emissions tax, and a financial transactions tax.

Who is John Galt?

EURUSD Breaks 1.35 (Lowest In A Month) As Data Disappoints

With German Consumer Price inflation coming a little hot, Wholesale Price index deflating MoM (and less than expected YoY), and Finnish Industrial Production turning negative unexpectedly, (and now French Industrial Production and manufacturing dropping significantly)

Copper is the disaster du nuit (for now) as it is now -6.5% from Friday's close. As the dollar strengthens the rest of the commodity complex is falling fast and TSY yields are dropping rapidly also.

UPDATE 1: Italian Bond Futures opened -1.7%

UPDATE 2: Credit cracking hard now XOver +35bps, Main +8bps, SENFIN +13bps

UPDATE 3: BTPs opened +16bps at 569bps over Bunds

UPDATE 4: OATs trading over 150bps wider than Bunds for first time ever

Ooops...

Italy 2s10s Inverts For First Time Since August 1994 As French and Spanish Spreads Widen To Records

Dismal data from French manufacturing and industrial production along with growing chatter of a 'core' Europe strategy having been discussed is sending spreads among sovereign bonds notably wider.

French spreads just broke 152bps and Spanish spreads to Bunds also broke to new record wides.

Bye bye Europe...

Moody's assigns Aaa rating to EFSF's new 10-year benchmark bond
Not AAA? Awwwwww

EU Cuts 2011 Euro-Area Gdp Growth Forecast to 1.5% From 1.6%

EU CUTS 2012 EURO-AREA GDP GROWTH FORECAST TO 0.5%

EU SEES FRANCE DEBT AT 89.2% IN 2012, 91.7% IN 2013

EU SEES SPAIN DEBT AT 73.8% OF GDP IN 2012, 78.0% IN 2013

EU SEES IRELAND DEBT AT 117.5% OF GDP IN 2012, 121.1% IN 2013

EU SEES PORTUGAL DEBT AT 111.0% OF GDP IN 2012, 112.1% IN 2013

EU SEES AVERAGE EURO-AREA DEFICIT FALLING TO 3% LIMIT IN 2013

Smoking good stuff here now are we?

EU SEES EURO-AREA DEFICIT AT 4.1% OF GDP IN 2011, 3.4% IN 2012

EU SEES U.K. DEFICIT AT 9.4%/GDP IN 2011, 7.8% 2012, 5.8% 2013

EU SEES IRISH DEFICIT AT 10.3%/GDP IN 2011,8.6% 2012, 7.8% 2013

EU SEES SPAIN DEFICIT AT 6.6%/GDP IN 2011, 5.9% 2012, 5.3% 2013

EU SEES ITALY DEFICIT AT 4%/GDP IN 2011, 2.3% 2012, 1.2% 2013

EU SEES GREEK DEFICIT AT 8.9% IN 2011, 7.0% IN 2012, 6.8%/2013

EU SEES GREEK GDP DOWN 5.5% IN 2011, DOWN 2.8% IN 2012

That's some epic BS.

EU SEES GREEK GDP GROWTH OF 0.7% IN 2013

Funny that.

EU SEES ITALY GDP GROWTH 0.5% IN 2011, 0.1%/2012, 0.7% IN 2013

Really?

A hell lot of money has been poured into the Italian bonds to force it down ahead of the bond auction...

It worked a little...

Here

From 570 spread to 520 now... about 10% drop...

The ECB must be buying a hell lot of them...

European Stocks Fluctuate on Italian Auction of Bills, ECB Bond Purchase

European stocks fluctuated between gains and losses as Italy sold one-year bills at record yields and the European Central Bank was said to be buying the nation’s bonds.

And Europe is green ... ridiculous.

Snap Reactions To Italy's €3 Billion Bill Auction, Which Reeks Of Illegal ECB Intervention

Earlier today Italy sold €3 billion in 1 year Bills at an average yield of 6.087%, the highest since September 1997, and almost 3% higher compared to a month ago. Yet there was a stunning twist: the 1 Year was trading at a whopping 7.75% in the gray market minutes before the auction, or almost 200 bps wide of the auction result, something which never happens under normal conditions unless the invisible hand of the central bank has anything to say about it. Now we know already that the ECB stepped in to aggressively mop up Italian bonds in the secondary market immediately after the auction to bring 10 year yields below 7%, however briefly: the bond has since widened above that level once again. Yet what is shocking is the primary market strength for the 1 year: since the ECB is prohibited by law from intervening in the primary, auction market, we wonder just what illegal backdoor funding scheme the ECB has concocted with friendly banks in order to have the auction price where it did, and how much money was transferred by back door channels to keep Europe from imploding one more day.

Surprise surprise... NOT.

Greek President to Meet Party Leaders

Greek Prime Minister George Papandreou and other party leaders were holding talks with President Karolos Papoulias after squabbles over a new premier pushed unity government plans into disarray, undermining a bid to secure bailout funds needed to prevent a financial collapse.

Any agreement that had been reached fell apart shortly after Papandreou’s speech as Karatzaferis, the head of the fourth-biggest party in parliament, walked out of a meeting with Papandreou and Samaras saying he was opposed to Petsalnikos.

Italy’s Senate Speeds Austerity Vote

Italy’s Senate rushed to pass debt- reduction measures that clear the way for establishing a new government that may be led by former European Union Competition Commissioner Mario Monti in a bid to restore confidence in Europe’s second-biggest debtor.

The Senate is set to vote tomorrow on a package of measures including asset sales and an increase in the retirement age.

So another very important vote in Italy tomorrow...

And the next Italian government could be led by Mario Monti... Member of the Trilateral Commission and BILDERBERG group... gee what a surprise.

ECB’s Knot Says Central Bank Can’t Do ‘Much More’ to Resolve Debt Crisis

European Central Bank Governing Council member Klaas Knot said the ECB can’t do “much more” to stem the euro region’s debt crisis.

“Not much more can be expected from us, it’s up to the governments,” Knot, who also heads the Dutch central bank, told lawmakers in The Hague today. “Interventions can only have a temporary and very limited effect.” Knot also said “the effect of interest-rate cuts in the current situation is limited.”

Oh really?

To ECB Or Not To ECB - That Is The Only Question

Europe started the day poorly, following up on the weak close and its own poor economic data.

Then the ECB got involved and started buying Spanish and Italian debt aggressively. Rumors is that the ECB will have unlimited buying power for Italian debt once the austerity bill is passed.

The current buying spree is completely expected. They can't resist intervention and in spite of a massive inventory of unmarked underwater bonds, still believe it does something.

And from Merkel :

According to a German CDU finance spokesman, shrinking Euro-area would be deadly for Germany

Germany is likely to have net new borrowing of 22 billion euros this year, almost half the 48.4 billion originally planned for 2011, two government sources familiar with budget plans said on Thursday.

So... what services are they gonna cut? Pensions? Or will they raise taxes on the middle-class?

European Central Bank governing council member Klaas Knot said on Thursday he had not been involved in discussions about a smaller euro zone.

Aw...

Deeper euro zone integration is necessary to face the challenges of the sovereign debt crisis the European Commission said on Thursday.

YOU MUST BE KIDDING.

Greece unemployment :

Unemployment hits new record high

* Jobless rate climbs to 18.4 pct in Aug vs 12.2 last year

* Number of unemployed at 907,953, up 48 pct y/y

* Youth unemployment at 43.5 percent, twice its 2008 level

Recovery...

Italy represents a clear and present danger to the euro zone, British Prime Minister David Cameron said on Thursday.

For once Cameron is right.

Lucas Papademos, apparently the new Greek PM...

Governor of the Bank of Greece from 1994 to 2002
Vice President of the European Central Bank from 2002 to 2010
He has served as Senior Economist at the Federal Reserve Bank of Boston in 1980
During his time as Governor of the national bank, Papademos was involved in Greece's transition from the drachma to the euro as its national currency.
He has been a member of the Trilateral Commission since 1998.

Great guy right?

reply to post by Vitchilo


I thought as much. There is no way the Bonds can go down that much in such a short amount of Time without heavy ECB Intervention,which,as the Article says,is illegal.

But we all know that the Elite don´t really care about Laws and Regulations anyhow. Now would be a good Time for Germany to leave the Euro,todays Intervention by the ECB would be Reasons enough...but we know this won´t happen until we are bleed dry.

The role of the EU is to end countries sovereignity, rob the citizens from dictating their own destiny and allowe corporate interest to rule every aspect of their life.

But the experiment is failing even when is been pushed as we speak.

Is one big problem, the EUzone experiment is failing, because after dining and partying with the wealth of nations now the nations in questions can not pay back their debtors.

As governments around the euro zone are felled by a widening sovereign debt crisis, a perceived loss of sovereignty to the IMF and the European Union is raising prickly questions of democratic legitimacy.

Many of the governments in the EUzone gave away their nations sovereignty and their citizens rights to chose their own destiny and their countries when they whore themselves to the hoax of bounty that they would share unified.

Actually they did, at least for a time, but the dining and partying is over the hangover is making nations wake up to a painful reality, the citizens are not happy and they were not even allowed to chose what they wanted from their government and now with Greece is shows that the citizens not even have a government to chose from

In other words, the powers behind the EUzones doesn't want countries to allow their citizens dictate the faith of their nations.

That goes against the meaning of democracy that means now giving away their nations sovereignty.

For the time been those that controls the debt control the countries in debt.

CRISIS OF NATIONAL DEMOCRACY?

Some politicians, notably in Italy's center-left opposition and among Greece's hitherto governing Socialists, are attracted to the idea of a temporary government of technocrats.

That may be because they are keen to avoid the odium of having to impose pay and benefit cuts and tax rises and roll back welfare and labor rights themselves.

Olaf Cramme, director of the Policy Network, a center-left think-tank, said national policy mistakes and a failure to explain the implications of economic globalization to European societies lay behind the growing legitimacy deficit.

"We are witnessing a crisis of national democracy as much as of European democracy. People's trust in national governments is extremely low,"

www.reuters.com...

Very soon we will lose our rights to chose our own destiny as citizens of the nations been exploited by the fews that controls the global markets all in the notion of preserving the so call debts of wealth invested in human slavery, because when you lose the ability to chose your own government you are nothing but a slave of the status quo.

Here in America people are slowing waking up of what is now a corporate dictatorship running the nation.

reply to post by marg6043

CRISIS OF NATIONAL DEMOCRACY?

Indeed.

They just replaced Papandreou with a Trilateral Commission and Central Bank puppet. And they will replace Berlusconi with a Trilateral Commission and Bilderberg Group puppet.

They are overthrowing those countries and putting their TOTAL puppets in there.

Berlusconi and Papandreou were puppets, but not 100% controlled... now they will be.

And just watched Pelosi on the Daily Show... she was just full of it... just like always.

If I had money, I'd invest in ropes and cables.

Because this is going to be very much like 1789.
Only - bigger.

Well, at least, old and used ideas, like democracy or human rights, won't be in use any more.
I suppose those who have their mouth full of human rights and laws will go first. Because they were the sound barrier protecting thieves and rascals.

The ownership of everything by few is not different from ancient slavery or feudal ownership of land and labor.
Things are poised that way.
It is not unnoticed. There will be very severe, instinctive, not ideological, reaction.

If they have nothing better to throw on people than Margin Call, they must be feeling desperate. This is a great underestimation of stupid masses.

Knowledge and awareness are like death. They come suddenly and inevitably. Brainwashing works while tummies are full. Once they are empty, John Steinbeck awakens in every one

Europe’s banks may need to boost capital by as much as 400 billion euros ($550 billion) to provide an adequate cushion against losses on government bonds, four times the increase estimated by the industry, according to Neptune Investment Management Ltd.

Europe’s banks will need to increase capital by 106 billion euros under tougher rules being introduced in response to the euro area’s sovereign debt crisis, the European Banking Authority said on Oct. 28.

Good luck finding that money.

I tell you all, this no going to last, the whole house of cards will be coming down as soon the nations citizens decide that enough is enough indeed I smell a world war lll but no country against country but citizens against corporate dictatorship and take over.

Even here in the US people are getting anxious and worry, is true if you keep your people happy and fat they will die for you, but as soon they feel hungry and corralled against a system that is nothing but feudal they will fight back.

I can not see the Greeks taking the austerity measures dictated by the EU and Italy will follow sue.

Is just a matter of time, just like here in the US the anger against our corporate run government is mounting to a point that I actually believe our own government is getting worry about.

And as for the so call bailout, they EU still have not clue how to get the money without making their nations citizens angry.

Our globalist really think that exploitation of humanity can work, they are so arrogant they will be hang by the same ideology that they created the experiment is going to blow in their own faces

FT Deutschland On The Upcoming Austrian AAA-Rating Downgrade

It appears that AAA rating, which means Austria is still eligible to fund the EFSF, may soon be cut, putting even more pressure on Germany and, of course, France, and thus concerns for ratings downgrades there, to bear the brunt of what is an increasingly impossible bail out plan for Europe. It also means that the market will now be fearing not only a kneejerk reaction to the perpetual French downgrade terror threat courtesy of S&P and Moody's, but can now add not only Hungary and Belgium but also Austria to the list of countries due for some inverse rating agency love trim. As for the catalyst: "In two weeks, Moody's analysts to come to Vienna to assess the situation on the ground. Felderer considers it possible that Austria would put on negative outlook in this review."

Awwwwwwwwww...

And the Greek are not happy with the puppet globalist PM that was chosen for them by the EU, they now are asking for the head of the former prime minister the first papas and now they want the new papa too.



This is what happen when you rob your nation of their due democratic process.

Italy will follow next.

www.abovetopsecret.com...