Markets & Market Moving News.....
S&P 500 hit its all-time price high a year ago and all-time total return high 1 month ago. Global Equities YTD...
HYG outflows all time high
We'll only know in hindsight, but what if the secular low in yields has already occurred? 10-yr low: July 2012.
Spanish 2-Yr Yields hit an all-time low today of -0.09%. No hay imposible en los mercados...
Incredible...
#Nigeria: #Violent Struggle Over #Oil and Money Rattles Global Energy Market http://bloom.bg/1WEAijx via @business
US oil and gas industry activity drops to fresh record low. Active oil & gas drilling rigs fall by another 2 to 404.
#Opec Producers Fight 'Cold War' Over Market Share http://www.energyintel.com/pages/login.aspx?fid=art&DocId=925162&ts=1 … ($$$) #oil #SaudiArabia #Iran
Europe......
EU-Turkey , Refugee Crisis .....
Very important , for everyone following refugee crisis and / or EU -Turkey Deal...
EU bows down meekly to Erdogan power move to yank immunity from certain MPs. Balkan visa liberalization referenced.
Watch Merkel fold up like a pocket hankie...
Trying to build case for visa free travel for Turks with more jibber jabber...
France......
Next up in French protests -closing refineries....
#FranceProtest against government : Map of refineries blocked, in #Nantes ppl can't buy more than 20 € of gas
French protests continue day after day..
Greece.......
Zombie Banks of Greece need 20 BN in new capital due to high NPLs and poor shape of Greek Banks capital generally.
EZ -IMF divergence laid out..
Multi-bill of reforms approved by parliamentary committee http://dlvr.it/LMClzx
fred walton @fredwalton216
Debt relief deal on Tuesday? Let's see if optimistic talk overcomes German resistance to debt relief now.
Iraq......
#Baghdad Green Zone protests.
Another report indicating tear gas + "live rounds" used on protesters today in Baghdad.
Venezuela.....
Venezuela, where a hamburger is officially $170 http://f24.my/1sHpFk9
Venezuela is running out of sugar, the latest sign of a deepening crisis. @RafaelRomoCNN http://money.cnn.com/2016/05/20/investing/venezuela-coca-cola-femsa-crisis/index.html …
"They'll open their eyes at some point & come to our side" - Venezuela protester on the army http://reut.rs/1W6xnQz
Venezuela is falling apart. And it's not just about running out of toilet paper. http://n.pr/1TrR2aj
Venezuela prepares for massive military exercises as president faces recall referendum: http://abcn.ws/27IcpLO
Venezuela crisis puts influential military in spotlight. By @AlexandraUlmer http://reut.rs/1W6xnQz
Food riots indicate end is not too far off for Maduro...
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