Member Info for john46

"Nuclear bunker "?

$40Bn worth between Trump and Putin , world's pretty safe .

Wids does like living life on the edge , let's hope no harm's come to him

ATB

"Macro developments continue to blur the narrative for financial markets, with reports of a potential breakthrough on Nafta offset by yet another failure for U.S. and China trade talks. American stocks are trading at a record off the back of strong earnings and domestic expansion, but President Donald Trump’s ongoing legal woes, fresh Russian sanctions, a war of words over Syria and faltering efforts to denuclearize North Korea all threaten to act as a drag on risk appetite.

Investors seem unlikely to find many clues on the outlook in Monday’s depressed trading. While Asian shares rallied on the back of the yuan’s stabilization, the PBOC’s moves to steady the currency threaten to be an unwelcome step backward in the longer term. Federal Reserve Chairman Jerome Powell’s indication the U.S. will continue to follow a path of gradual tightening was interpreted as having a dovish tone by some, further complicating the macro picture."

https://www.bloomberg.com/news/articles/2018-08-26/asian-stocks-set-for-gains-yuan-holds-rise-on-pboc-market-wrap

We're all spectators at this moment in time bud

Global variables escalating , CH/US , Turkey , EM .

More it rises , bigger the fall .

Debt binge will cause history to repeat itself. I wonder why Lloy is on a downward trend ?

"Pattern – price has moved down off the high and in the process has set up a bearish double top, denoted by the horizontal line. These double tops that form just below the high are generally very bearish as they are with the trend."



Daily Chart

Fibonacci – the recent lower high, which formed the second peak of the double top, was at resistance from the 88.6% angle and price subsequently traded down to the 61.8% angle where support has come in. I now expect price to give resistance from the 76.4% angle a test before turning back down.

RSI – marginally in weak territory but it may nudge back into strong territory. The important thing to take away from this indicator is that the recent low was a new low which suggests there is inherent weakness in price."

http://www.marketoracle.co.uk/Article62989.html

"We are writing this research post to alert our followers that we believe the US Indices and major markets may be setting up for a moderately deep price pullback that could be in excess of 5% or more.

Our proprietary price modeling systems and advanced learning models are warning us that the upside trend is likely still in place, yet there is a growing and stronger potential for a price pullback that could result in a 4~7% pullback in the near future. We want to alert all our followers that we believe an immediate price pullback is setting up and to protect your long positions.



The continued rally in the US majors has allowed many traders to become overly comfortable to the potential for a major pullback. Much like what happened in February 2018, when a bigger pullback did happen, all of the sudden traders were screaming that a massive top had formed and that everyone should watch out for a further breakdown in price values. We are not saying that right now and we want to be clear – so please read the following statement very clearly…

We believe a 4~7% price pullback is setting up in the US markets that will likely extend into September 2018 before forming a new price bottom and prompting the markets to rally to new all-time highs before the end of 2018. We believe this price pullback/rotation is healthy for the markets after such an extended rally and we believe many traders are discounting the potential for such a move and will surprise many traders. Protect your long positions and prepare for this type of price pullback. You will be able to re-enter your positions as the bottom sets up and a new rally begins."

http://www.marketoracle.co.uk/Article62991.html

"Let’s try a different angle. How about the world through the eyes of children’s? I don’t want to dwell on John McCain, too many people already do today, but I would suggest that your thoughts and prayers are with the souls of the hundreds of thousands of children that died because McCain advocated bombing them. Or, indeed, 50-odd years ago, were bombed by him personally. I wanted to leave him be altogether, don’t kick a man when he’s down, but I can’t get the image out of my head of him singing “Bomb, bomb, bomb, bomb, bomb Iran”.

To remember that, perhaps the most vile and infamous thing he’s ever done (it’s in the top ten), and then see someone like Ocasio-Cortez say he was an “unparalleled example of human decency”, it’s almost comedy. But not as funny as when in the 2008 campaign the woman in the red dress asked him if Obama was an Arab, and he responded: “No, ma’am. No, ma’am. He’s a decent, family man, citizen that I just happen to have disagreements with on fundamental issues and that’s what this campaign is all about”."

http://www.marketoracle.co.uk/Article62990.html

"You could put a dead polecat next to Trump and it would make him look bad. Trump wasn't worthy of shining McCain's shoes."

McCain got shot down returning from bombing Hanoi , innocent children would likely be victims . Child killers should not be worshiped .

Your thought process is distorted from mainstream reality .

For he Remainers

"The Progressive vision is narrow, provincial, and present-centric. The past, according to them, was bad; the present is just tolerable; the future will be radiant... That is no basis for policy."

https://www.zerohedge.com/news/2018-08-25/andrew-cuomo-chronic-existential-anxiety-white-male-democrat

As per usual , it was a simple question , can't you answer anything without consulting the Guardian first ?

You probably think the murder of Indira Ghandy , by her Sikh bodyguards was justifiable .

"Just false news John
The French Government ...close allies of ours...would never say that"

Allies don't sell weaponry to enemies when their so called friends have asked them not to (Exocet) .

Our 7.62 weponry , SLR and GPMG were supplied by the Belgiums (Fabrique National ) , upon the outbreak of the Falklands War they ceased the supply of rounds to UK .

Why our forefathers placed so much effort into liberating this low life , God only knows . Thankfully Brexit is upon us and when they wake up to the Fact Germany is screwing them indirectly this time round , we shall be mere bistanders on this occasion .

Let's not forget the French said Britain had 255 job vacancies following Falklands War . So called Allies , let the Germans keep screwing them , till they wake up from their lazy slumber.

"Last week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of footloose dollars betting against these weak currencies, as well as commodities and gold, on the basis the long-expected squeeze on dollar liquidity is finally upon us.

Doubtless Triffin’s dilemma is dominating these speculators’ thoughts, telling them demand for the dollar as the reserve currency is infinite. This article points out that foreign financial entities as a whole already possess most of the excess liquidity created by monetary expansion of the dollar since the Lehman crisis. Admittedly, ownership of dollars is unlikely to be evenly distributed across correspondent banks representing all foreign nations. But this is no reason to say dollars are not under-owned by foreign users, and we must not forget dollars are also available in the foreign exchanges, as always, for credible buyers. Nor must we forget that the reason for the enormous quantity of currency derivatives ($75 trillion in US dollars alone) is that future demand for dollars is already significantly hedged.

No, the reason certain EM currencies are losing purchasing power is the fault of individual governments and their central banks, who do not seem to realize that their unbacked fiat currencies are valued purely on trust, both that of their own people and on the foreign exchanges. And as we should know, trust is not something to be toyed with."

https://www.zerohedge.com/news/2018-08-25/turkeys-crisis-and-dollars-future

"On one hand, the projection of 4.1% second quarter growth is a sign of a surging economy set to grow for years to come.

But on the other hand, it is seen as temporary sugar rush created by tax cuts and debt. It’s unsustainable in the light of higher tariffs, an escalating trade war that could impact large portions of the economy, and rising federal deficits that put America even deeper in debt.

Another data point to determine which of these two camps is most accurate for predicting the future of the U.S. economy is job’s figures. July’s jobs report came in with fewer than expected jobs, a gain of 157,000 jobs vs. a forecast of 190,000.

While that miss in itself may not mean much, since the overall jobless rate dropped to 3.9%, the fact that wages are growing slowly remains a concern.

Also concerning is the record amount of household debt. Consumers are using it to spend and that is partially responsible for that 4.1% GDP growth, as I noted on Fox Business recently. But it’s not sustainable."

https://www.zerohedge.com/news/2018-08-24/nomi-prins-fed-will-not-give-dark-money

"Telecoms are cheap as well as financials. "

On account of them about to take a good spanking at the next correction , you need to broaden your research .

"The Fed is widely expected to hike rates for a third time this year in September, but a fourth move in December is less certain. It’s also unclear how far officials will go before at least pausing in their gradual upward march. Powell added haze to the picture in July when he told U.S. lawmakers that gradual rate hikes were appropriate “for now.”

“This whole issue of how they’re going to change the language of their guidance” on the path of rates, “and what ‘for now’ means is really what they need to get on to,” said Ward McCarthy, chief financial economist at Jefferies LLC in New York.

Barclays Plc Chief U.S. Economist Michael Gapen in New York said he’s keen for an update on where the Fed is headed with its balance-sheet reduction. That runoff is also reducing the level of reserves in the banking system and, by some indications, affecting the Fed’s ability to manage the benchmark federal funds policy rate."

https://www.bloomberg.com/news/articles/2018-08-19/big-questions-on-global-economy-hang-over-jackson-hole-gathering

Yield inversion and bank liquidity issues just round the corner .

"On current profitability I would get concerned at any price. Would be extremely happy for Lloyds to open tomorrow at 20pl "

I am glad to see you are finally seeing reason and that you will continue to be forced to keep averaging down to maintain a paper profit .

See you at 28p bud

Lloy big problem , is that with each passing day , it is handing out more and more mortgages on overpriced property .

When the next crash occurs ,money markets will freeze up again , forcing a house price crash .MMs know good times don't last forever.

House shortage won't mitigate a property price drop .

Big drop first before uptrend resumes .

"We need a trip back to May 2016 armed with some common sense."

You do spout perpetual shi$$e, common sense prevailed in '16 , now we need a trip to the future March '19 and kick EU into touch .

What causes empires to fall?

According to one influential view, it’s ultimately a question of investment. Great powers are the nations that best harness their economic potential to build up military strength. When they become over-extended, the splurge of spending to sustain a strategic edge leaves more productive parts of the economy starved of capital, leading to inevitable decline.

That should be a worrying prospect for China, a would-be great power whose current phase of growth is associated with an increasingly aggressive military posture and a tsunami of capital spending in its strategic neighborhood.

People's Republic
China's labor force is forecast to decline in 2018 for the first time in five decades

Source: National Bureau of Statistics of China, Bloomberg Opinion calculations
Like the Soviet Union in the 1970s, China is coming to the end of a long labor-force boom, and hoping that an orgy of investment will keep the old magic going while stabilizing its fraying frontiers. The success or failure of its Belt and Road projects – and the still greater sums it’s spending domestically – will determine whether the nation achieves its dream of prosperity or succumbs to the same forces that doomed the U.S.S.R.

https://www.bloomberg.com/view/articles/2018-08-12/soviet-collapse-echoes-in-china-s-belt-and-road-investment