Archive for the ‘Permissions’ Category

Radioactive Dust Is Sweeping Over Parts Of Europe From The Sahara 

Courtesy of ZeroHedge View original post here.

An alarming health disaster could be in the making as it's being widely reported this week that radioactive dust has been sweeping out of the Algerian desert and broader Sahara region across the Mediterranean. Further scientists say the ominous sounding 'radioactive Saharan dust' is causing a pollution spike even over parts of Southern Europe.

The Association for Control of Radioactivity in the West (Acro) reported that scientists have observed the phenomenon happening since February when the dust was found to be over parts of France. Samples confirmed what was found to be radioactive particles in the dust which had been kicked up by a major storm that recently swept Morocco, creating huge dust clouds that picked up the radioactive material that had been left over from past nuclear tests conducted by France on its then colonial possession of Algeria in the early 1960s.

While some scientists have claimed it's "not dangerous" – others have cautioned that residues of Caesium 137 – a radioactive isotope – may require cautions like staying indoors. 

Citing the French NGO which monitors Europe for signs of nuclear contamination, Euronews reported this week that "Acro said it did tests on recent Saharan dust that it collected in the area of Jura, near the French border with Switzerland."

"Considering homogeneous deposits in a wide area, based on this analytical result, Acro estimates there was 80,000 bq per km2 of caesium-137," the organization said in a statement.

"This radioactive contamination, which comes from far away, 60 years after the nuclear explosions, reminds us of the perennial radioactive contamination in the Sahara, for which France is responsible," it added.

 

While the health effects to exposure could be negligible


continue reading





The First “Global Inflationary Depression” Is Very Possible

Courtesy of ZeroHedge View original post here.

Authored by Bruce Wilds via Advancing Time blog,

It is possible that we might soon be witness to the first global inflationary depression. This is not a mix of words we normally see placed together. Several factors make this scenario possible. First, we seldom have depressions but instead, tend to roll through mild recessions, however, what we face may be far more severe. Second, in the past, times of falling economic activity have generally been deflationary as defaults rise but this time, not so much. Third, but not least, in the past, many events tended to be regional rather than global, but over the years as economies have become more interconnected the resulting codependency presents an increased possibility of problems spreading across the world.

Currently, the biggest source of demand comes from governments and not working people earning a living or businesses growing. If you remove all the money being spent on Covid-19 vaccinations, tests, and a slew of inefficient spending that has created little long-term benefits to the economy the GDP would fall like a stone. The money flowing from the central banks and governments has created the so-called "pent up demand" we have been hearing about and predictions of 5% or more GDP growth next year. In truth, capacity utilization is down even while trillions of new dollars pour into the system. This is the logic behind saying a depression may be in the wings.

China's Economy Shows Signs Of Slowing

Recently several articles have appeared indicating the big boost China experienced post-Covid-19 has come to an end. China's economy was the first to recover from the Covid-19 collapse due to trillions of credit pumped into the economy at home as well as Americans rushing out to buy imported goods using stimulus money. With China again showing signs of economic weakness, the story that it takes more and more stimulus to create the same kick each time we play this game is playing out. Back in December after a tremendous surge, China's massive credit growth peaked resulting in SocGen forecasting a big slump was coming.

Across the world, sophisticated lenders, but


continue reading





One Bank Turn Apocalyptic: “The Fed Will Inevitably Move To YCC” As “Rates Are No Longer Anchored”

Courtesy of ZeroHedge View original post here.

Another week, another massive inflow into equity funds… just as the Nasdaq was about to get hammered with a painful 10% correction.

According to BofA Chief Investment Strategist Michael Hartnett's latest Flow Show note, $22.2Bn in new money flowed into equities last week, following the previous week's massive $46.2Bn inflow which was the 3rd biggest on record, bringing the total 16 week inflow to $436BN, a stunning outlier as shown in the chart below.

Addressing this massive tide of money, Wayne Wicker, chief investment officer at Vantagepoint Investment Advisers said that "Investors are looking at the market today and saying, ‘Wow, this is going to come back faster than I thought. I need to position myself accordingly. There’s a fear of missing out, of being under-invested."

“We’ve seen for many reasons that people have been trained to buy the dips,” Kim Forrest, chief investment officer of Bokeh Capital Partners, told Bloomberg. “Just about every economist out there thinks the U.S. GDP is going to be 6% or above and that says growth. And yes, there’s some specter of inflation that may bubble up,” but, she said, “people are not afraid of inflation because we haven’t had that horrible really life-changing inflation.”

“We would admit to still seeing some pockets of speculative excess out there,” said Leo Grohowski, chief investment officer at BNY Mellon Wealth Management. “When we reach levels of maximum bullishness, that is usually a better time to pare back,” he added. “Market pullbacks like we’ve had this week serve as wake-up calls for investors that buy first and ask questions later.”

And yet, it's very likely that next week this massive inflow won't be repeated. In fact, it's far more likely that next week we will see a massive outflow because as Hartnett notes, "the price is now right":  he points to the >100bps rise in 10Y TSY yields since Aug 4th low – as a reminder the plunge in 10Y prices since last March has been the 2nd worst bear market for bond in recent history… 

… with credit (LQD, EMB) and


continue reading





PPT? Stocks Rescued By Biggest Intraday Dip-Buy Since 2011 EU Crisis Bailouts

Courtesy of ZeroHedge View original post here.

"Be careful what you wish for" appears to be the lesson for stock investors this week as recovery and reflation hopes/hypes sent real and nominal rates soaring, triggering trouble in the momo/growthy names that have soared "to the moon" and neither Powell, Bullard, Evans, nor Kashkari would volunteer any resolution on "moar" via a 'Twist' or on the SLR overhang that has many worried.

As real rates have spiked, 'stonks' have tumbled…

The Nasdaq is down 3 weeks in a row (worst streak since September), but the late-day sudden panic-bid pushed the S&P and Dow into the green for the week…

Today was utter chaos – just look at the swings in small caps! From +2% pre-open, to down 2.5% as SHTF, and back up to gains over 2% into the close…

Europe closes and everything bounces.

— zerohedge (@zerohedge) March 5, 2021

As shorts were dramatically squeezed…

Source: Bloomberg

NOTE that the selling immediately halted the second that European markets closed…and every single time we dipped negative on TICK, another mysterious bid immediately lifted the markets…

Source: Bloomberg

Today's sudden reversal is the biggest S&P 500 gain when it had dropped by over 1% intraday since 2011's European debt crisis…

Now that is the kind of v-shaped and sudden recovery that any Plunge Protection Team would be proud of…

Nasdaq ended the week down for the year (and the S&P bounced off unch for the year)…

Source: Bloomberg

The swings today were very technical nature – S&P ripped back up to test its 50DMA from below, Nasdaq bounced off its 100DMA, Dow bounced


continue reading





Adversity and Pandemics: Dr Yosef Alhasany’s Innovative Perspective on Psychoanalysis

By Adriaan Brits. Originally published at ValueWalk.

Top 10 Healthiest Countries in the World
  • The WHO pointed out that the pandemic caused mass trauma bigger than that of WWII
  • A unique and ‘medically realistic’ approach provides new, innovative insights and paves the way towards a much brighter future in today’s challenging and stigma-infested society in relation to Mental Health.
  • With the arrival of COVID-19 mental health issues have seen a drastic incline worldwide, and more people are now looking for a form of therapy that actually works. 

The adversity brought by the global pandemic, have experts rethink mental health provisions, most notably, access to assistance. Dr Yosef Alhasany argues that even 12 sessions are not sufficient to assist with psychoanalysis during the type of adversity people face during the pandemic.

A Personal History of Adversity

Dr. Yosef Alhasany (Yousef Khaled Fuad Hasan), is a psychoanalyst who specializes in the fields of Cognitive Behaviour and Relationships Coaching. He is most well known for his unprecedented perspective and harsh critique on the efficacy of some of the more ‘traditional’ methods of psychoanalysis, as well as for his inspiring personal history which involves overcoming a significant amount of adversity and personal struggles- further analyzed below.

Having personally battled with the unrivalled confusion and chaos that is associated with a deteriorated mental health for years- including Major Depression, General Anxiety Disorder, and Obsessive Compulsive Disorder (OCD), Dr. Alhasany utilized his own medical expertise and past experiences to develop a sufficient form of therapy that allowed him to significantly improve his own personal mental health- as well as the mental health of his future patients.

Psychotherapy: Discovering a Unique Approach?

Facing and overcoming his aforementioned personal struggles in relation to his Mental Health is Dr. Yosef Alhasany’s self-proclaimed ‘ultimate achievement’; this is because doing so allowed him to effectively assess and examine the plethora of ineffective methods, inaccuracies, and issues with some of the more ‘traditional’ psychoanalytic methods, and consequently aided him greatly in discovering and perfecting his ‘realistic approach’. 

This approach tailors psychotherapy to address the issues that have arisen as a result of the patient’s past, and directly tackles aspects of one’s character and personality (character deficits) which are a direct result of subconscious biases inherited by a potential: society, parental figure, or religious body. Consequently, Dr. Yosef Alhasany’s
continue reading





Goldman, Bank Of America Made Hundreds Of Millions From Texas Blackouts

 

Embed from Getty Images

 

Courtesy of ZeroHedge

Who needs Enron when you have taxpayer-backed "banks."

Whereas 20 years ago, it was Enron that made billions from the California electricity crisis (which it caused), a scandal which culminated with Enron's scandalous and convoluted bankruptcy, this time it is pristine banks such as Goldman and Bank of America that made hundreds of millions of dollars in revenue as tens of millions of Texans were stuck in the dark.

According to the Financial Times, in the days when the Texas electric grid failed during last month's polar vortex blast and which sent electricity prices to staggering levels, Bank of America made hundreds of millions of dollars in trading revenue "highlighting the upside for Wall Street from mayhem that knocked out power and heat across the state, industry executives and traders said."

The bank’s Houston-based energy trading group – which is part of BofA's FICC division that made revenues of $1.7bn in the fourth quarter – had electricity contracts that soared in value when wholesale Texas power prices rose 10,000 percent to a cap of $9,000 a megawatt-hour the third week of February, the FT reports.

The story is familiar to our readers: while the record prices were ordered by the Texas utility regulator in an attempt to bring more generation into service, this plan imploded when almost half the state’s capacity fell offline as wind farms froze over starting a catastrophic chain reaction which lead to widespread blackouts amid blocked supplies of natural gas and frozen coal piles. The Blackouts lasted days, leaving millions in the dark.

Like numerous other power merchants, BofA takes part in the Texas energy market by trading power and gas and selling products that enable generators and other asset owners to hedge against fluctuating prices. That activity left BofA with an inventory of power contracts that surged in value during the blackouts. “The volatility of the energy market has heightened the value of risk management," the bank’s website says, perhaps in anticipation of the outrage that will follow the realization that a handful of banks made huge windfalls as the population froze, in some cases to death.

To ease


continue reading





Hold on for one more day

 

Hold on for one more day

Courtesy of 

Yes I’m quoting a Wilson Phillips song. I don’t know why.

But I talked about holding on for one more day at the end of February at a moment where it felt hopeless to be a responsible, diversified investor while everyone around you is getting insanely rich buying the craziest shit imaginable.

Feb 22nd:

It seems like the world is moving a thousand miles a minute and you’re missing out on everything. Everyone seems to be whooshing by! ???? It’s like you’re always stuck in second gear…????

Take a deep breath.

It’s not true.

It just looks that way.

Yes, people have made a lot of money but they won’t keep it all. And if they keep throwing more chips onto the table, it will be their regrets, not yours, that fill the next raft of headlines at The Verge.

No one is going to become a baseball card billionaire. Rising interest rates are going to blow a lot of this stuff up. “But rates aren’t rising!” Yes they are.

And now a lot of the easy money stuff is being blown to pieces. They take the stairs up and the elevator shaft down.

The SPAK ETF and related SPAC index is now in a 20% plus drawdown, negative year to date and getting annihilated relative to the S&P 500. Of course it is. They were bringing 5 of these public a day at one point during the frenzy and, eventually, there just isn’t enough money available to support all of them – trading at premiums over cash! Are you kidding me?

At the end of February it was really hard to sit tight with a rational asset allocation. It only took two weeks or so from when I wrote Substack Vertigo and three weeks from when I wrote The Big Long for a


continue reading





Who is King? The Bond Market or the FED

Courtesy of Read the Ticker

who-is-king-the-bond-market-or-the-fedThe King Arthur story is battle between a false KING and the true KING. Generally the movie involves surprises, love and violence, and all this coming to the risk on markets very soon. 

The financial blog space expects the FED to do some sort of Yield Curve Control (YCC) to hold interest rates down while inflation moves higher, this is allowing inflation to run hot. The FED wishes to do this over time to deflate the debt away. Very similar to the 1940′s post WW2, yields were pegged to 2% and risk on assets went sky high.

However Peter Boockvar suggest the FED may soon learn it is not in control and the true king of the markets is the BOND MARKET. Peter says simply the bond market is telling the FED to bite me!

The FED is not used to taking second fiddle to any challenger, and you can bet the FED will not give up the chair of market king easily, and they will try to smash the bond market into submission with forms YCC, TWIST and more QE.

Of course if the FED fails, all markets will be repriced to the new cost of money and you can bet the market violence will be spectacular.

The pressure of future inflation agrees with current bullish up swing in the cycle below. (Cycle tools are in readtheticker.com)

Click for popup. Clear your browser cache if image is not showing.
BOND 1

Long term cycles, bullish for higher interest rates, inflation, commodities. Notice the 1940′s period and how flat interest rates were, and what happened in the 1950′s and after.

Click for popup. Clear your browser cache if image is not showing.
BOND 2

The US debt percent of GDP now is much higher than 1940′s, the chart below is only the Federal or Government debt, if you add on corporate and household, just double the yAxis percentage numbers. Currently the US interest expense is nearly equal to the US military budget.

debt

Divider


Changes in the world is the source of all market moves, to catch and ride the change we believe a

continue reading





“Days Away From A Crisis”: 100,000 Illegal Immigrants Arrested At US Mexico Border; Most For February In 15 Years

Courtesy of ZeroHedge View original post here.

Rep. Henry Cuellar (D-Texas), whose Congressional district lies near the U.S.-Mexico border, warned that more than 10,000 illegal immigrants have been apprehended in a single border sector in Texas in about a week, with Reuters adding that a stunning 100,000 migrants were detained at the border in February, the highest arrest total for the month of February since 2006.

“We are weeks, maybe even days, away from a crisis on the southern border. Inaction is simply not an option,” the Texas Democrat said in a news release on Thursday.

“Our country is currently unprepared to handle a surge in migrants in the middle of the pandemic.”

Migrants cross the Rio Bravo river to turn themselves in to U.S Border Patrol agents to request for asylum in El Paso, Texas, U.S., as seen from Ciudad Juarez, Mexico March 4, 2021

As The Epoch Times' Jack Phillips notes, in recent days, Cuellar has issued warnings about what appears to be a looming humanitarian crisis at the border, adding that it will spread COVID-19 in southern Texas and other border communities. But now, his office has released figures showing Border Patrol in the Rio Grande Valley arrested about 10,000 illegal immigrants in the past week alone, according to the release, while adding that some 2,500 illegal immigrants have been apprehended in the past two days since the press statement was released.

According to Border Patrol data, agents also apprehended 5,700 unaccompanied child illegal immigrants in January.

Illegal immigrants are “potentially exposing border communities to the coronavirus and putting us at risk,” Cuellar said, guaranteeing the triggering of progressives everywhere.

Right now, none of the migrants are being tested for COVID-19 by Border Patrol.”

“As a border representative, I will continue to fight in Washington for my community to ensure they have the necessary funding and resources to properly care for these migrants and to keep American families safe. I urge the Biden administration to listen and work with the communities on the southern border who are dealing with the surge of migrants,” he added.

Cuellar


continue reading





American Airlines 737 MAX Declared Emergency After Engine Issues, Lands Safety In Newark

Courtesy of ZeroHedge View original post here.

American Airlines 737 MAX Declared Emergency After Engine Issues, Lands Safety In Newark

American Airlines Flight 2555 from Miami declared an emergency after the captain shut down one engine due to a "possible mechanical issue," landing the jet safely at New Jersey's Newark Liberty International Airport, reported Reuters

Flight 2555 from Miami landed safely, American Airlines Co said. The airline said "an engine oil pressure or volume indicator" was the issue. It was an unrelated issue to the MCAS system linked to two fatal 737 MAX crashes that grounded the jets for nearly two years. 

Flight 2555's issues come as the number of 737 Max jets back in service has reached 100 as airlines in the US, Europe, and Brazil re-certify the jets for service.   

Aviation data from Cirium show an increasing amount of 737 Max jets are returning to service since December.

Tonight's "episode" should raise a few eyebrows as it combines Boeing's two recent issues: the 737 MAX and "Engine Issues"…





 
 
 

Zero Hedge

Radioactive Dust Is Sweeping Over Parts Of Europe From The Sahara 

Courtesy of ZeroHedge View original post here.

An alarming health disaster could be in the making as it's being widely reported this week that radioactive dust has been sweeping out of the Algerian desert and broader Sahara region across the Mediterranean. Further scientists say the ominous sounding 'radioactive Saharan dust' is causing a pollution spike even over parts of Southern Europe.

The Association for Control of Radioactivity in the West (Acro) ...



more from Tyler

ValueWalk

Adversity and Pandemics: Dr Yosef Alhasany's Innovative Perspective on Psychoanalysis

By Adriaan Brits. Originally published at ValueWalk.

  • The WHO pointed out that the pandemic caused mass trauma bigger than that of WWII
  • A unique and ‘medically realistic’ approach provides new, innovative insights and paves the way towards a much brighter future in today’s challenging and stigma-infested society in relation to Mental Health.
  • With the arrival of COVID-19 mental health issues have seen a drastic incline worldwide, and more people are now looking for a form of therapy that actually works. 

The adversity brought by the global pandemic, have experts rethink mental health provisions, most notably, access to ass...



more from ValueWalk

Phil's Favorites

Goldman, Bank Of America Made Hundreds Of Millions From Texas Blackouts

 

Embed from Getty Images

 

Courtesy of ZeroHedge

Who needs Enron when you have taxpayer-backed "banks."

Whereas 20 years ago, it was Enron that made billions from the California electricity crisis (which it caused), a scandal which culminated with Enron's scandalous and convoluted bankruptcy, this time it is pristine banks such as Goldman and Bank of America that made hundreds of millions of dollars in revenue as tens of millions of Texans were stuck in the dark.

A...



more from Ilene

Chart School

Who is King? The Bond Market or the FED

Courtesy of Read the Ticker

The King Arthur story is battle between a false KING and the true KING. Generally the movie involves surprises, love and violence, and all this coming to the risk on markets very soon. 

The financial blog space expects the FED to do some sort of Yield Curve Control (YCC) to hold interest rates down while inflation moves higher, this is allowing inflation to run hot. The FED wishes to do this over time to deflate the debt away. Very similar to the 1940's post WW2, yields were pegged to 2% and risk on assets went sky high.

However Peter Boockvar suggest the FED may soon learn it is not in control and the true king of the markets is the BOND MARKET. Peter says simply the bond market is telling the FED to bite me!

The FED is not us...

more from Chart School

Biotech/COVID-19

88% Of COVID Deaths Occurred In Countries Where Over Half Of Population Overweight

Courtesy of ZeroHedge View original post here.

A new report by the World Obesity Federation found that 88% of deaths in the first year of the pandemic occurred in countries where over half of the population is classified as overweight - which is defined as having a body mass index (BMI) above 25. Of note, BMI values above 30 - considered obese - are associated with 'particularly severe outcomes,' accor...



more from Biotech/COVID-19

Kimble Charting Solutions

Tech Indicator Peaking Again At Dot.com Highs? Joe Friday Says Watch This Index!

Courtesy of Chris Kimble

Technology is at the heart of our economy… the same way that industrials were 100 years ago.

And that leadership has been present in the stock market for the past two decades. Today’s chart illustrates this… as well as a potential “pause” in that leadership vacuum.

Below is a long-term “monthly” ratio chart of the Nasdaq Composite versus the S&P 500 Index. Here you can see how technology stocks...



more from Kimble C.S.

Politics

Why repressive Saudi Arabia remains a US ally

 

Why repressive Saudi Arabia remains a US ally

A demonstrator dressed as Saudi Arabian Crown Prince Mohammed bin Salman with blood on his hands protests outside the Saudi Embassy in Washington, D.C., on Oct. 8, 2018. Jim Watson/AFP via Getty Images

Courtesy of Jeffrey Fields, USC Dornsife College of Letters, Arts and Sciences

Saudi Crown Prince Mohammad bin Salman “approved an operation … to capture or kill Saudi journalist Jamal Khashoggi,” according to a...



more from Politics

Mapping The Market

Which Governments Ordered Johnson & Johnson's Vaccine?

 

Which Governments Ordered Johnson & Johnson's Vaccine?

Courtesy of Niall McCarthy, Statista

On Wednesday, U.S. regulators announced that Johnson & Johnson's Covid-19 vaccine being developed by its subsidiary Janssen Pharmaceuticals in Belgium is effective at preventing moderate to severe cases of the disease. The jab has been deemed safe with 66 percent efficacy and the FDA is likely to approve it for use in the U.S. within days.

The Ad26.COV2.S vaccine can be stored for up to three months in a refrigerator and requires a single shot, ...



more from M.T.M.

Digital Currencies

Crypto - It Is Different This Time

 

Crypto – It Is Different This Time

Courtesy of Howard Lindzon

?I have been astonished as you know by the growth of crypto.

I remember back in 2017 when I noticed that Stocktwits message volume on Bitcoin ($BTC.X) surpassed that of $SPY. I knew Bitcoin was here to stay and Bitcoin went on to $19,000 before heading into its bear market.

Today Bitcoin is near $50,000.

Back in November of 2020, something new started to happen on Stocktwits with respect to crypto.

After the close on Friday until the open of the futures on Sunday, all Stocktwits trending tickers turned crypto. The weekend messages on Stocktwits have increased 400 percent.

That has continued each weekend...



more from Bitcoin

The Technical Traders

Adaptive Fibonacci Price Modeling System Suggests Market Peak May Be Near

Courtesy of Technical Traders

Our Adaptive Fibonacci Price Modeling system is suggesting a moderate price peak may be already setting up in the NASDAQ while the Dow Jones, S&P500, and Transportation Index continue to rally beyond the projected Fibonacci Price Expansion Levels.  This indicates that capital may be shifting away from the already lofty Technology sector and into Basic Materials, Financials, Energy, Consumer Staples, Utilities, as well as other sectors.

This type of a structural market shift indicates a move away from speculation and towards Blue Chip returns. It suggests traders and investors are expecting the US consumer to come back strong (or at least hold up the market at...



more from Tech. Traders

Lee's Free Thinking

Texas, Florida, Arizona, Georgia - The Branch COVIDIANS Are Still Burning Down the House

 

Texas, Florida, Arizona, Georgia – The Branch COVIDIANS Are Still Burning Down the House

Courtesy of Lee Adler, WallStreetExaminer 

The numbers of new cases in some of the hardest hit COVID19 states have started to plateau, or even decline, over the past few days. A few pundits have noted it and concluded that it was a hopeful sign. 

Is it real or is something else going on? Like a restriction in the numbers of tests, or simply the inability to test enough, or are some people simply giving up on getting tested? Because as we all know from our dear leader, the less testing, the less...



more from Lee

Insider Scoop

Economic Data Scheduled For Friday

Courtesy of Benzinga

  • Data on nonfarm payrolls and unemployment rate for March will be released at 8:30 a.m. ET.
  • US Services Purchasing Managers' Index for March is scheduled for release at 9:45 a.m. ET.
  • The ISM's non-manufacturing index for March will be released at 10:00 a.m. ET.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
...

http://www.insidercow.com/ more from Insider

Promotions

Free, Live Webinar on Stocks, Options and Trading Strategies

TODAY's LIVE webinar on stocks, options and trading strategy is open to all!

Feb. 26, 1pm EST

Click HERE to join the PSW weekly webinar at 1 pm EST.

Phil will discuss positions, COVID-19, market volatility -- the selloff -- and more! 

This week, we also have a special presentation from Mike Anton of TradeExchange.com. It's a new service that we're excited to be a part of! 

Mike will show off the TradeExchange's new platform which you can try for free.  

...

more from Promotions





About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

Learn more About Phil >>


As Seen On:




About Ilene:

Ilene is editor and affiliate program coordinator for PSW. Contact Ilene to learn about our affiliate and content sharing programs.