Doug Noland - " Global credit , bubble and market analysis is turning more interesting."
Global #inflation in reacceleration mode. Data started to beat, incl US CPI after a long period of five consecutive misses. (Chart via SRP)
Stocks mkts hit fresh all-time highs. Global equities now worth $83.7tn, equals to 110% of global GDP, way above the Buffett crash threshold
Bond bubble starts deflating. Value of global bonds dropped $400bn this wk as inflation data started to beat & CenBanks sound more hawkish.
1-Year US Treasury Yield ends the week at an 8-year high: 1.30%. Market now expecting next Fed hike in December.
With UK CPI at a 5-year high (2.9%), how much longer can the Bank of England keep rates at 0.25%? Market saying hike getting closer...
Dow closes at an all-time high for the 39th time this year. Who's tired of winning? $DJIA
Wall Street Week... S&P 500: All-Time High Dow: All-Time High NYSE: All-Time High Volatility: None
How Much Bitcoin Are You Willing to Lose? NEW POST. $BTC.X $BTCUSD https://pensionpartners.com/how-much-bitcoin-are-you-willing-to-lose/ …
Armed police are reportedly at an address in Sunbury, Surrey, in connection with the Parsons Green attack http://www.telegraph.co.uk/news/2017/09/16/parsons-green-explosion-uk-terror-threat-level-critical-latest/ …
British police arrest teenager in the manhunt for suspects of the London subway terror attack http://sabahdai.ly/yZSKcZ
#UK terror threat remains critical despite arrest.
Armed police are making their presence felt in London after the UK terror threat level was raised to critical http://www.telegraph.co.uk/news/2017/09/16/parsons-green-explosion-uk-terror-threat-level-critical-latest/ …
.@metpoliceuk have confirmed that the explosion on a train at Parsons Green Station is being treated as terrorism. https://www.facebook.com/MayorofLondon/posts/526821344330694 …
Controversial Police Officer Acquittal Sets Off Huge Protest In St Louis....
JJ Watt raises over $37 million for Harvey relief http://on.khou.com/2xGcy8X
China's state-run Xinhua news saying was unwise for Trump to block sale of Lattice = runs counter to win-win nature of China-U.S. relations.
GOP lawmaker asks Trump to pardon Assange, claims he has info absolving Russia: report http://hill.cm/FFByNtH
Facebook turns over more info to Mueller on Russian ad buys during 2016 election after search warrant: report http://hill.cm/TjLb3Av
Manafort's spokesman spends 2 and 1/2 hours testifying before grand jury http://politi.co/2xpiqm6
"Trump must visit North Korea to negotiate with Kim Jong Un" http://hill.cm/Jp721Er
Kelly looking to revamp White House political, outreach offices http://politi.co/2fcog3M
Ex-Obama aide fires back at Trump: "Let us know when you kill Bin Laden" http://hill.cm/Dtvufob
Left warns Pelosi, Schumer: Don’t get too close to Trump http://politi.co/2xpqKm6
Senate Democrats are three seats shy of a majority and almost entirely on defense in the 2018 elections http://politi.co/2fc0NQ8
Federal judge blocks Trump from defunding sanctuary cities http://hill.cm/L61xobA
Hospitals come out against new GOP effort to repeal ObamaCare http://hill.cm/3b2ZvN0
British police: Trump tweets on London terror attack "unhelpful" http://hill.cm/swCbNrS
Protestors shut down St. Louis streets after ex-cop acquitted in murder of black man http://hill.cm/E4JTHyw
Hope he understands that NK is analyzing all aspects of his statement & if the US does nothing-we appear toothless.
Staff with Trump on this pre-UNGA trip from DC to Bedminster: Gen Kelly Hagin Dina Powell Rob Porter Hope Hicks Dan Scavino Ivanka Jared.
"When our enemies hear the F35 engines their souls will tremble and they will know the day of reckoning has arrived," Trump at @JBA_NAFW.
"Radical Islamic terrorism. It will be eradicated, believe me," Trump says as UK raises terrorism threat level to critical.
On Monday during UN General Assembly, Trump will have meetings with leaders of France and Israel, then dinner with Latin American leaders.
On Tuesday, Trump will lunch with the UN secretary general, and meet with Czech and Slovak leaders, and emir of Qatar, McMaster tells press.
On Wednesday, Trump meets with leaders of Jordan, Palestinian Authority, Egypt, UK and African nations.
On Thursday, Trump meets with leaders of Turkey, Afghanistan, Ukraine. Lunch with leaders of South Korea and Japan.
Sanctions increase “urgency” of South Korean aid to North: MOU https://buff.ly/2xacDR0
NEW: Latest North Korea missile test shows Guam is within striking distance http://hill.cm/oe3mfJe
ICYMI, Kim Jong Un oversaw launch of Hwasong-12 on Friday https://buff.ly/2xaNsOd
Another North Korean ship heads to Chinese coal, iron port https://buff.ly/2h5Ur5l
'Take cover' - but where? Japanese helpless over North Korea threat http://u.afp.com/4aSn
North Korea says the country has vowed to complete its nuclear weapons programme despite United Nations' sanctions
NEW: UN Security Council releases statement on #NorthKorea's latest ballistic missile launch.
The First Minister of Catalonia just published instructions on how to use a proxy to get around judges' orders blocking referendum websites.
DEEP SPAIN: What Is Article 155 Of The Spanish Constitution? This Is How Madrid Would Suspend Home Rule In Catalonia https://www.thespainreport.com/articles/1129-170916162558-what-is-article-155-of-the-spanish-constitution-this-is-how-madrid-would-suspend-home-rule-in-catalonia …
More than 700 mayors from across Catalonia gathered in Barcelona on Saturday to confirm their support for a planned independence referendum.
BBC: Separatists rally around mayors in Barcelona. http://www.bbc.com/news/world-europe-41292318 …
Vodafone in Spain also confirms to one user that they have blocked access to Catalan referendum websites after receiving a court order.
And this thread from last night:
The "http" version of one Catalan referendum website mirror has been shut down, but the more secure "httpS" version still works.
Mobile operator Movistar (Telefónica) confirms to one user that it has blocked access to Catalan referendum websites on judge's order.
After being ordered not to print referendum ads, El Punt Avui publishes the same image with: "Catalans, on October 1, 'That'".
Another rendition of Els Segadors to bring the separatist event in Barcelona to a close: "We will vote! We will vote!".
Puigdemont and Colau hosting a rally in support of 712 Catalan mayors being investigated by the public prosecutor. http://www.ccma.cat/tv3/directe/324/ …
La Vanguardia: "Central government takes control of Catalan government accounts".
La Razón: "Government orders banks to denounce illegal referendum payments".
El País: "Rajoy: 'you are going to force us to go where we don't want to go'".
Odds & Ends !
Now that the Referendum is going forward , watch to see whether a campaign of violence kicks off.
Will the Peshmerga confront Iraq Army , if PM Abadi does intervene?
Imagine that - just as Iraq PM Abadi warns of intervention if there is violence - we see sudden violence !
President @Masoud_Barzani says a future state will not be a Kurdish one, but one that belongs to all Kurds, including Arabs, Christians.
We will strengthen the culture of coexistence, peace and brotherhood with all components — Kurdish President #Barzani.
We will not impose any form of governance in liberated areas — we will allow people to decide, says #Kurdish President Barzani.
Nazhuri overrules Beida interior minister on Shahat mayor sacking after locals protest - https://www.libyaherald.com/2017/09/15/nazhuri-overrules-beida-interior-minister-on-shahat-mayor-sacking-after-locals-protest/ …
Tebu “Culture Day” celebrated in Benghazi - https://www.libyaherald.com/2017/09/15/tebu-culture-day-celebrated-in-benghazi/ …
Russia has leading role to play in helping resolve Libya crisis says Maetig - https://www.libyaherald.com/2017/09/15/russia-has-leading-role-to-play-in-helping-resolve-libya-crisis-says-maetig/ …
GNA's police warns against any unauthorized demonstrations - https://www.libyaherald.com/2017/09/15/gnas-police-warns-against-any-unauthorized-demonstrations/ …
UK's Boris Johnson says a 2018 Libyan election must not be rushed - https://www.libyaherald.com/2017/09/14/uks-boris-johnson-says-a-2018-libyan-election-must-not-be-rushed/ …
Qatar-Gulf crisis: All the latest updates http://aje.io/hcnmw
#GCC crisis and efforts to resolve it through diplomatic means, reg and int'l developments at the top of HH Emir's tour agenda.
Conquering Qatar would "solve everyone's problems" http://ow.ly/KhBX30fbqgs
As my Military source confirmed to me morning , Now Russian Media said : Russia denies striking Kurdish in Deir Ezzor
SDF allege Russia and / or SAA Jets target SDF positions in Deir Ezzor Governorate.
Deir Ezzor Airbase situation map - Syrian Army liberated Al-Mari'iyah
Breaking; Reports that Iraqi Forces liberated Akashat near the Syria-Iraq border
Russian forces struck a target east of the Euphrates River in #Syria near Dayr Az Zawr, causing injuries to Coalition partner forces.
Russian / Syrian aircraft bombed SDF positions north of Salhiya - Deir ez-Zor Map: http://SyrianCivilWarMap.com
Iraqi forces to launch anti-ISIS operation at Syria-Iraq border soon!
#Astana: Turkey to control 5,000 km2 in Idlib from Jisr Al Shughour to Dar Tazza & covering Taftanaz, Maraat Al Numan, and Khan Shaykhoun
Play Time is apparently over.
Deir Ezzor Airbase situation map - Syrian Army liberated Al-Mari'iyah