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  • Why Martin Armstrong Predicts Major Sovereign Debt Crisis Beginning October 1, 2015 [View article]
    "Martin Armstrong was accused of running a $3 billion Ponzi scheme and served 11 years in jail under house arrest, including a possible record seven years for contempt of court in a dispute over gold and antiquities. "

    http://bloom.bg/1J2Rt2q
    Aug 13, 2015. 03:17 PM | 3 Likes Like |Link to Comment
  • Jobless claims increase at a higher then expected rate [View news story]
    Georgia Tennessee,North Carolina,South Carolina -3628
    Aug 13, 2015. 11:07 AM | Likes Like |Link to Comment
  • July U.S. Retail Sales: +0.6% [View news story]
    or money they do have...

    http://bit.ly/1zj4FC9
    Aug 13, 2015. 09:25 AM | 3 Likes Like |Link to Comment
  • Jobless claims increase at a higher then expected rate [View news story]
    Year over Year NSA initial jobless claims...Texas,Oklahoma North Dakota,
    Alaska Louisiana...+2364

    California,Florida,New York and Illinois

    -9313
    Aug 13, 2015. 08:54 AM | 2 Likes Like |Link to Comment
  • July U.S. Retail Sales: +0.6% [View news story]
    Year over Year Retail Sales ex Gasoline... 4.47%
    Aug 13, 2015. 08:38 AM | 3 Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #79 [View instapost]
    Bloomberg Energy Corporate Bond Index was + .29% yesterday

    Bloomberg High Yield Energy Corporate Bond Index was -.87%
    yesterday....
    Aug 12, 2015. 01:27 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #79 [View instapost]
    China currency move...

    http://bit.ly/1HEIzHo
    Aug 11, 2015. 05:21 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #79 [View instapost]
    T....Interesting about China....seeing no bids for various energy high yield bonds (Memp for one).....tracking a Petrobras Global Finance 6.25 3/17/2024....hanging in there at 90....was 97 I believe at the end of the second quarter....a Chevron bond I follow has been completely unfazed by all this....just following the general movement of treasuries....I am dusting off an old plan I had if oil dropped to 40-42 range...selling OTM leveraged short WTI etf calls...waiting
    Aug 11, 2015. 12:08 PM | Likes Like |Link to Comment
  • Continental Resources: Cash Flow-Positive In 2016 At $60 Oil [View article]
    Crude Oil WTI December 2016 futures trading this morning at 52.85....
    Aug 11, 2015. 06:32 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #79 [View instapost]
    Even though there was a rally in energy stocks yesterday...there was continued weakness in the High Yield Energy Bond space....
    Aug 11, 2015. 05:48 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #79 [View instapost]
    T.

    "The total debt of the oil and gas sector globally stands at roughly $2.5 trillion"

    "A substantial part of the increased borrowing has been by state-owned major integrated oil firms from emerging market economies (EMEs). From 2006 to 2014, the stock of total borrowing (syndicated loans and debt securities) of Russian companies grew at an annual rate of 13%, that of Brazilian companies 25% and that of Chinese companies 31%. Borrowings of companies from other EMEs increased by 17% per annum. The increase in the leverage of EME companies contrasts with the stable leverage of comparable-sized large firms in the United States "

    2.5 trillion globally sounds like a lot but I can't find a breakdown of that number by locale or investment quality or comparative magnitude...that would be helpful to understand...
    Just trying to understand the full picture...on
    the other side over the next 5 years the world
    will consume around 175 billion barrels of crude oil at what price compared to the previous 5 years ?....
    Aug 11, 2015. 04:03 AM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #79 [View instapost]
    L.

    Remember the high yield bond market is diversified so there is a macro call there...energy high yield is 250 billion...
    the subprime mortgage market in 2007 was 1.3 trillion....a cumulative 50% default rate in energy high yield with
    a 40% recovery rate is $75 billion in losses....add in the
    economic losses from lower Oil and gas Capex.....now subtract the gains you get from lower energy costs over a three year to five period....I'll let you do the homework....if interested... :)
    Aug 10, 2015. 01:25 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #79 [View instapost]
    How big is the High Yield Bond market?

    "After growing rapidly over the past 10-15 years, high yield now comprises roughly 15% of the overall corporate (investment grade) bond market, which itself is estimated at roughly $9.8 trillion, trailing the U.S. Treasury market ($12.1 trillion outstanding) but larger than the municipal bond market ($3.7 trillion outstanding), according to first-half 2014 estimates by industry trade group Securities Industry and Financial Markets Association (SIFMA)."

    9.8 trillion x .15 = 1.47 trillion....

    How big is the Energy High Yield Bond Market?....

    "Energy companies now constitute 17% of the high-yield bond market, up from 8% in 2008, making energy the largest high-yield sector, according to Citigroup." Barrons 11/15/2014

    1.47 trillion x .17 = 250 billion....
    Aug 10, 2015. 08:46 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #79 [View instapost]
    With a 151 trading days into the year WTI currently averages
    52.78 for the year....2009 averaged 62.29 for the year....
    This probably will be our first year to average sub 60 since 2005
    which averaged 56.85 for the year....
    Aug 10, 2015. 04:29 AM | 1 Like Like |Link to Comment
  • When Even The Est. Survey Slows... [View article]
    Employed Full time....121,589,000

    PartTime employed due to Economic Reasons...6,325,000

    121.589 million/6.325 million = 19.22

    19.22 is the highest full time to parttime ratio in almost 7 years....

    Lol,Bvd,Byob etc...
    Aug 9, 2015. 10:24 AM | 3 Likes Like |Link to Comment
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