Throwback Friday music to read by.....
Is this the real life ?
Is this just fantasy ?
*****
Markets & market moving news...
Credit Bubble Bulletin: Weekly Commentary: Yellen Unveiling, Jackson Hole ... http://creditbubblebulletin.blogspot.com/2016/08/weekly-commentary-yellen-unveiling.html?spref=tw …
Doug Noland's weekly missive.
#Fed's Yellen assures markets rate rises are coming, investors aren't buying it http://on.wsj.com/2ceT3Lj #JacksonHole
Odds of Sep rate rise top 40% after Fed's Vice Chair Fischer said Sep rate increase possible http://on.ft.com/2bVZ7ng
The Fed’s forecast of gradual rate hikes is damaging its credibility, Bullard says http://on.mktw.net/2bm1LHv
The U.S. economy grew at a lackluster 1.1% pace in Q2 http://on.mktw.net/2bow4fm
Real GDP grew just 1.2% Y/Y, weakest print in 3 years http://www.zerohedge.com/news/2016-08-26/q2-gdp-revised-lower-11-expected-even-personal-consumption-rises …
Today's Yellen speech -Jackson Hole
#FED YELLEN SAYS SOME ESTIMATES SHOW REAL NEUTRAL RATE CLOSE TO ZERO - BBG
YELLEN: LOW NEUTRAL RATES TO GIVE FED LESS SCOPE FOR CUTS
#FED YELLEN: IN FUTURE, WORTH LOOKING AT BROADER RANGE OF ASSET BUYS - BBG
#FED YELLEN: FOMC ANTICIPATES GRADUAL FFR INCREASES APPROPRIATE - MNI
#FED'S YELLEN: CASE FOR RATE HIKE STRENGTHENED IN RECENT MOS - MNI
Lockhart Now Suggesting That 2 Rate Hikes Are A Possibilty In 2016 On BBGTV, After Suggesting 1 Was Likely Apt On Fox #JacksonHole
#FED FISCHER: NEXT FRI. JOBS REPORT WILL WEIGH ON FED DECISION - BBG
BULLARD SAYS IT'S TIME TO RETHINK FED NORMALIZATION PLANS. 1 rate hike in 9 years with a $4TN balance sheet = normalization
BULLARD: NOT GOOD PLAN TO RAISE RATES JUST SO WE CAN CUT LATER. best to never raise then
We shall see how long this lasts..
Chart: Strange to see gold and equities so correlated -
World's shortest post Fed speech Gold smackdown ever. Yellen bluff called, #Gold
going ballistic
going ballistic
Asia Overnite , Europe Morning , Wall Street Preview..
Fwiw..
from july's 3.202mbd. south oil company officials friday.
Baker Hughes US Rig Count Aug 26: 489 (prev. 491), Oil 406 (prev. 406), Gas 81 (prev. 83) http://phx.corporate-ir.net/phoenix.zhtml?c=79687&p=irol-rigcountsoverview …
For those thinking Iran has intentions of agreeing to a production freeze , in the absence of huge Saudi cuts.
Turkey.....
Trouble man....
8/27 items...
Turkey’s media watchdog closes another 29 TV channels http://turkeypurge.com/turkeys-media-watchdog-closes-another-29-tv-channels … via @turkeypurge
Turkey set to dismiss another 6,800 police officers over Gülen links http://turkeypurge.com/turkey-set-to-dismiss-another-6800-police-officers-over-gulen-links … via @turkeypurge
389 arrested, 225 others detained over Gülen links on Friday http://turkeypurge.com/389-arrested-225-detained-over-gulen-links-on-friday … via @turkeypurge
Defense Ministry fires 196 military judges and prosecutors http://turkeypurge.com/defense-ministry-fires-196-military-judges-and-prosecutors … via @turkeypurge
Turkey arrests 40 businessmen over support to Gülen Movement http://turkeypurge.com/turkey-arrests-40-businessmen-over-support-to-gulen-movement … via @turkeypurge
Very interesting thread ( 9 parts ) to read !
It will be interesting who of the current GNA ministers will retain their position. MoD remains a problematic post. #Libya
#Libya UN envoy says parliament should support UN-backed government.
#Libya Boycotting member of UN-backed government to rejoin. Presidency now has 8 members (9th still boycotting) https://www.libyaherald.com/2016/08/26/boycotting-presidency-council-member-omar-al-aswad-to-rejoin/ …
#Libya Detail on migrant rescue ship attacked off Libya Aug 17. https://www.libyaherald.com/2016/08/26/migrant-rescue-ship-attacked-on-the-high-seas/ …
Erdogan and Putin discuss aid situation in Aleppo.
PKK claims deadly suicide bombing that killed 11 & injured dozens at Turkish police station http://ow.ly/cgtr303Caps
PKK claims responsibilty for today's attack in Southeast Turkey.
Great read on Turkey's Operation Euphrates Shield & current state of play in northern Syria.
Syria.....
Ramblin Man....
8/27 items..
Outrage at US expressed by betrayed Kurds.
SDF view on Jarabulus clashes (1)
SDF view on Jarabulus clashes (2)
SDF view on Jarabulus clashes (3)
@lrozen ٍ#Syria Armed groups response
de Mistura on 48 hour Aleppo aid plan:
Live footage from Kobani protestors against Turkish troops digging trenches, making walls https://www.facebook.com/hamoude.hasan.3/videos/641164186047506/ …
Fighting heating up between Turkish backed fighters and SDF near Amarnah.
Has Turkey established NFZ over N. Syria? No, because US Air Force provides air cover in Jarablus. If USAF leaves, Russia, not TR takes over
#Turkish army convoy crosses onto the Ayn al-Arab (#Kobani)opposite side of #Suruç in N #Syria &begins digging security ditches
(Sources)
#Kurdish Forces and #Syrian Regime Swap Prisoners in #Hasakah: Monitor - #BasNews
http://www.basnews.com/index.php/en/news/middle-east/295897 …
8/26 items.....
Details are where the devil resides within...
Turkey and Russia set to discuss Syria at decision maker levels.
Erdogan takes PKK fight to political level , if elected kurdish mayors are summarily sacked and replaced by Ankara.
Europe General News Round Up...
Eastern Europe pushes Germany for joint EU army. http://www.thelocal.de/20160826/eastern-europe-pushes-germany-for-joint-eu-army …
[Ticker] #Hungary plans to reinforce border fence against migrants https://euobserver.com/tickers/134772
Turkey running out of patience , expects date certain from EU for visa free travel.
Visegrad countries press case for less EU control..
How long will it take for the #ECB to own all sovereign debt? Our story now at @Zerohedge. http://www.zerohedge.com/news/2016-08-26/how-long-will-it-take-ecb-own-all-sovereign-debt-spain-germany-france …
World's largest Hedge Fund: #ECB took credit risk at Corp Bond Buying Program. Bought into 118 BB+ & non-rated bonds
Libya......
8/27 Items....
It will be interesting who of the current GNA ministers will retain their position. MoD remains a problematic post. #Libya
#Tobruk Electricity Co. employees protest 4 months of unpaid salaries at Ministry of Finance
http://alwasat.ly/ar/news/libya/116007/ …
Fayez Serraj briefs French FM on latest #Libya developments, invited to visit #France
http://alwasat.ly/ar/news/libya/115980/ …
#Misrata Hospital: 442 killed, 2100 wounded since start of ops against #ISIS in #Sirte
http://alwasat.ly/ar/news/libya/115988/ …
8/26 Items....
UN envoy Martin Kobler arrives in Cairo to discuss latest #Libya developments
http://alwasat.ly/ar/news/libya/115968/ …
Court orders release of more #Benghazi emails by 13 September* (correction - prior copy said December)
Potentially escalating civil conflict, #Libya's GNA faction seeks more US Military support in the form of "enhanced military capabilities"
Boycotting member of UN-proposed Presidency Council Omer Asoud, from Zintan, re-joins PC to take part in discussion to select new cabinet
Army claims new victories in Benghazi – renews rejection of unity government http://libyas.tv/tuw8s
US AFRICOM: "Winer, Waldhauser and Sarraj discussed strategic options for #Libya’s future once Sirte is liberated." http://www.africom.mil/NewsByCategory/article/28356/joint-readout-of-pm-sarrajs-visit-to-usafricom#.V7_mGrOwmf4.twitter …
Rada captures kidnap gang and drugs dealer, frees eight-year old and returns ransom - https://www.libyaherald.com/2016/08/25/rada-captures-kidnap-gang-and-drugs-dealer-frees-eight-year-old-and-returns-
Tripoli-Zawyia coastal road reopened as Serraj promises compensation to Wirshifana - https://www.libyaherald.com/2016/08/25/tripoli-zawyia-coastal-road-reopened-as-serraj-promises-compensation-to-wirshifana/ …
Serraj confers with US military chiefs on operations against IS - https://www.libyaherald.com/2016/08/25/serraj-confers-with-us-military-chiefs-on-operations-against-is/ …
Odds & Ends.....
Toronto bank robber known as 'fake beard bandit' has been charged in crossbow deaths: http://reut.rs/2bmS3F2
Man pretends to be 300-year-old Chinese emperor, swindles woman out of more than ¥47 million
http://buff.ly/2c2ybWj
#Maine governor uses gay slur, challenges fellow lawmaker to a duel http://sptnkne.ws/cajJ #FightClub #PaulLePage
Zika transmission by symptomless man to his female partner..
Questions Raised Over How Insurgents Infiltrate Capital http://www.tolonews.com/en/afghanistan/26941- …
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