Tag Archives: Zerohedge

ZeroHedge – The Financial Markets Now Control Everything – 29 April 2015

ZeroHedgeSubmitted by Charles Hugh-Smith of OfTwoMinds blog,

The entire economic and political structure is now dependent in one way or another on the continued expansion of financial markets.

The financial markets don’t just dominate the economy–they now control everything. In 1999, the BBC broadcast a 4-part documentary by Adam Curtis, The Mayfair Set ( Episode 1: “Who Pays Wins” 58 minutes), that explored the way financial markets have come to dominate not just the economy but the political process and society.

Read the full story at: www.zerohedge.com / link to original article

 

ZeroHedge – To Commerzbank, German Bunds Are “Flash Crashing” – 29 April 2015

AZeroHedges first Bill Gross and then Jeff Gundlach suggest shorting German bonds, so it appears the message has sunk in that at 4.9bps 10 days ago, 10Y Bund yields were the short of a lifetime. Since then they have soared, with a dramatic doubling today from 14bps to over 29bps – the highest yield in 7 weeks. As Commerzbank warns, “a cascade of small events is creating a large splash in a structurally ever-thinner market,” which has led to a plunge “similar to US Treasury flash crash of Oct. 15.”

Read the full story at: www.zerohedge.com / link to original article

ZeroHedge – Death Of The Middle Class: Homeownership Rate Drops To 29 Year Low As Average Rent Hits Record High – 28 April 2015

ZeroHedgeOvernight Gallup released its latest survey which confirmed just how dead the American Dream has become for tens if not hundreds of millions of Americans.

According to the poll, the number of Americans who do not currently own a home and say they do not think they will buy a home in “the foreseeable future,” has risen by one third to 41%, vs. “only” 31% two years ago.

Read the full story at: www.zerohedge.com / link to original article

 

ZeroHedge – Government Watchdog Calls The Clinton Foundation “A Slush Fund” – 28 April 2015

ZeroHedgeSubmitted by Mike Krieger via Liberty Blitzkrieg blog,

The hits keep on coming. Just last week, in the post, More Clinton Foundation Cronyism – The Deal to Sell Uranium Interests to Russia While Hillary was Secretary of State, I referred to the Clinton Foundation as “a veritable clearinghouse for cronyism masquerading as a charity.” Here’s the full opening paragraph to the piece:………

Read the full story at: www.zerohedge.com / link to original article

ZeroHedge – Iran Forces Open Fire On, Seize “Trespassing”US Cargo Ship With 34 People On Board, Arabiya Reports – 28 April 2015

 ZeroHedgeUpdate 3: Turns out Iran did seize a ship, just not a US ship:
  • PENTAGON SAYS NO US SHIP WAS SEIZED BY IRAN
  • NON-U.S. SHIP MAY HAVE BEEN SEIZED BY IRAN, U.S. OFFICIAL SAYS
  • IRANIAN MILITARY BOARDED MARSHALL ISLANDS-FLAGGED CARGO SHIP
  • IRANIANS BOARDED MV MAERSK TIGRIS CARGO SHIP: PENTAGON

Read the full story at: www.zerohedge.com / link to original article

ZeroHedge – Bull Market Most Overbought/Leveraged In History – 27 April 2015

ZeroHedge – Clinton Charity CEO Explains Tax Reporting “Mistakes” – 27 April 2015

ZeroHedgeLast week, Hillary Clinton had what we called a “Geithner moment” when a Reuters investigation revealed that the Presidential candidate’s family charities had failed to report “tens of millions” in contributions from foreign governments on annual tax returns. For its part, The Clinton Foundation was quick to point out that when it comes to charities, it is exemplary in terms being forthright, but the missing disclosures will likely serve to fan the flames for Republicans who claim Clinton’s ties to the charities could make her susceptible to the influence of outside interests.

Read the full story at: www.zerohedge.com / link to original article