Tag: news

Many have likened the ETF structure of today to the CDO structure of the last bubble as the potential catalyst for accelerating moves in risk markets. If that is the case, then the collapse in the shares outstanding of the massively popular and liquid Russell 2000 ETF IWM will likley make some ask WTF?

 

 

This is the largest 2-week plunge in IWM shares outstanding since August 2010 – which marked a 13% collapse in stocks that was saved only by Bernanke’s Jackson Hole ‘hint’ that QE2 was coming…

via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/G4kEoVOjVOA/story01.htm Tyler Durden

Obamacare – it’s not just for college-age kegstanders... now available to sluts easy women across the United States…

 

Source

And lest you think the brilliant minds behind Obamacare are sexist, here is how young males were portrayed a few short weeks ago – Obamacare: the unaffordable, equally offensive to everyone, with care, act.

 

(h/t @sarahkliff)

via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/ewjG_DZtdDg/story01.htm Tyler Durden

 

The markets have been extremely quiet the last few days. With the exception of the hard selling that occurred on Thursday it’s been a snooze fest.

The reason for this is that no one wants to commit heavily to a position at the moment. We’re all well aware of the negatives the market is facing, namely declining earnings, a weakening economy, the decreasingly marginal effect of Fed intervention, etc.

 

However, no one wants to commit heavily to shorting the markets because they’re all too afraid that the Fed or “someone” will step in to prop up the markets should any significant drop occur.

 

This has happened repeatedly in the last year: every time the market began to crumble and take out support, “someone” stepped in a started buying. And soon stocks were back off to the races.

 

 

At this point we all know that the “someone” is the Fed. Numerous Fed officials have pointed to the rising stock market as a sign that Fed intervention has been “successful.”

 

Moreover, the Fed has barely left the markets alone since 2008.

 

If you go back to the first announcement of QE 1 in November 2008, there have only been two periods in which the Fed wasn’t engaging in direct monetary interventions its balance sheet between the end of QE 1 and the launch of QE 2 (June 2010-November 2010) and from the end of QE 2 until the launch of Operation Twist (June 2011-September 2011).

 

A total of 60 months have passed since the Fed announced QE 1. The Fed was not engaged in major monetary interventions in only six months out of these 60. Put another way, the Fed has been actively intervening to the tune of billions of dollars in 90% of ALL months since it began QE 1.

 

Even during the brief periods in which the Fed wasn’t officially engaging in a major monetary program, it still routinely expanded its balance sheet during options expiration week every month.

 

If you remove those weeks from the periods in which the Fed wasn’t officially engaging in a program, you’re left with a total of just 4.5 months in which the Fed wasn’t actively pumping the markets.

 

That’s 4.5 months out of 60, or less than 8%.

 

For a FREE Special Report outlining how to protect your portfolio a market collapse, swing by: http://phoenixcapitalmarketing.com/special-reports.html

 

Best Regards,

 

Phoenix Capital Research

 

 

 

 

 

 

via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/oqpKO3xJyyQ/story01.htm Phoenix Capital Research

It would appear that the National Instant Criminal Background Check System (NICS) website – required when purchasing a gun or explosive – is capable of handling large volumes of users…

 

Source: FBI

(h/t @Not_Jim_Cramer)

via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/kW13ouM6ZG0/story01.htm Tyler Durden