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Excel Acceptance, LLC, (EA), is a specialty financial services company providing alternative funding availability to lease and loan portfolio sellers. EA, through Managing Member, Ross Aldridge located in Nevada, is a full service funding facilitator of both large and small portfolios in... More
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  • Ross Aldridge Las Vegas Nevada And RAC Consultants Explain Black Swan And Stock Market

    As Ross Aldridge Las Vegas Nevada and RAC Consultants explain the impact of the possible war between Russia and it former territory, the Stock Market effects will be minimum. The Quantitative Easing has made the markets immunity to outside influences for the remainder of 2014.

    Is the world about to experience another Black Swan, a seemingly improbable or unpredictable turn of events with deeply negative consequences for financial markets and the economy?

    At this stage, Western markets are fairly sanguine about the long-term impact of Ukraine's civil conflict.

    Ukraine is a relatively small economy that remains profoundly more integrated with Russia than Europe. Indeed, Russia has always regarded Ukraine not just as a vassal state, but essentially as part of the same country.

    If it were to vanish from the face of the earth tomorrow, there would undoubtedly be consequences for Russia, but the direct impact on Western economies would be marginal to non-existent.

    Yet it is in the nature of Black Swans that they spring from the seemingly insignificant. Europe's attempts to woo Ukraine have combined with the defensiveness of Vladimir Putin's Russia to give the situation a potentially highly explosive dynamic. We don't know how Mr Putin is going to react.

    Despite the warm glow of a relatively successful Winter Olympics, it's unlikely to be kindly. First Ukraine, next Russia; Ukraine is only a mirror image of Russia's own, corrupt form of semi-totalitarian, gangster capitalism. If Russia's sphere of influence is not defended in Ukraine, it can only be a matter of time before the wolves will be at Mr Putin's own door.

    Hopes of persuading Russia into some kind of cuddly grand economic bailout with Europe and the US - apparently seriously entertained by those who should know better - are for the birds. Ukraine must choose, and if it chooses "wrongly" there will be consequences. Military intervention, or separation of Ukraine, cannot be ruled out.

    Even so, it seems unlikely that Ukraine will turn out, as more alarmist pundits predict, to be the giant powder keg that blows up the world economy anew. Most events that seem at the time to be transformational turn out to have little or no long-term impact on the wider international economy or even established political consensus.

    This tends to be the case even when they hit at the heart of the world's biggest economy, the United States. Both the Cuban missile crisis and the assassination of John F Kennedy, forever seared on the memories of those who lived through them, were in the event mere ripples across the sands of time. Things soon got back to "normal".

    This is even more the case for events outside the U.S. For all the hoopla surrounding the Arab Spring, and its eventual descent into renewed Middle Eastern chaos, it has had zero impact on Western financial markets.

    The tyranny of today's 24-hour news agenda tends further to exaggerate the significance of events that, in truth, are not as important for the world as they might seem.

    The big recent exception to this generalization is 9/11, which via an exaggerated monetary and geo-political response from the world's leading superpower led directly to the credit crunch. Even in his wildest dreams, Osama bin Laden could not have imagined the damage his atrocities would inflict on Western economies.

    It's not so surprising, therefore, that we should see in each flare-up the potential for mass conflict and economic destruction. News channels give the impression of a world pregnant with instability and disaster, awash with conflict, abuse, bloodshed and terrible happenings.

    In fact the reverse is true. Proportionate to the size of its population, the world has never been a more stable, less violent, less war-afflicted and less economically volatile place. Despite the worst banking crisis in history, somehow or other, we are still mainly standing. Progress in technology, trade and globalization has made us safer.

    To some, this will seem unduly complacent. Something similar was famously said by the journalist Norman Angell in the run-up to the First World War. Growing economic interdependence between nations, he argued in The Great Illusion, had rendered war so economically harmful that no sensible nation would ever engage in it. Logical though his argument was, it didn't stop the worst outbreak of human slaughter the world had ever known occurring a few years later. Economic interdependence, it would seem, is no guarantee of geo-political stability.

    That said, the forces that turned the assassination of Archduke Ferdinand into the greatest conflict in history simply don't exist today. Despite occasional sabre-rattling, the world is generally better at muddling along together than it has ever been. The big, intra and inter-regional conflicts of the last century are unthinkable.

    It will be intriguing to see how Mr Putin plays his hand. Diplomatically, he's already on a roll, having managed to avert Western intervention in Syria. In any case, it seems most unlikely that Ukraine is "the big one", the event that finally tips us over the edge into a new era of all encompassing geo-political, and therefore financial, instability.

    We don't buy the theory that growing American isolationism, or at least choosiness about where it deploys its still considerable military might, has left a void in certain parts of the world into which chaos will now step.

    There will be another big sell-off in Western stock markets at some stage over the next year or two, but it won't be caused by Ukraine's attempted divorce from Russia.

    No, the forces that determine it will be much closer to home. Top-line growth is becoming ever harder to find at a time when corporate profits are at a near-record share of GDP but wages a near-record low. Equities look cheap only against bonds, which have been inflated to ridiculous levels by abundant central bank money printing. The long march back to more "normal" monetary conditions poses a far bigger threat to the stability of financial markets than developments in Kiev.

    For events that truly poleaxes markets, you have to look to Black Swans in major economies - to the near collapse of America's banking system, the virtual implosion of Europe's ridiculous experiment in monetary union and so on. Such events are not sparked by conflicts in faraway places, but are nearly always self-inflicted.

    With all of these factors still obvious and looming, Ross Aldridge Las Vegas Nevada does not see this impacting the Stock Markets until the 3rd or 4th quarter of 2014.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Tags: GS, C, MS, WFC
    Mar 02 9:06 PM | Link | Comment!
  • Ross Aldridge Las Vegas Nevada-Black Swan To Cause Market Adjustment By Russia Invasion?
    • Ross Aldridge Las Vegas Nevada reviewed the Russian Invasion that will create more volatility in the Stock Markets!
    • UN calls emergency meeting on Ukraine crisis
    • Russian military use approved to 'normalize socio-political situation'
    • Ukraine's new PM demands that Moscow pull back its troops
    • Pro-Russia demonstrations break out in Ukrainian cities
    • Canadians advised to leave Crimea 'while it is safe to do so'

    The UN Security Council will hold an urgent meeting on the crisis in Ukraine on Saturday after Russia announced plans to send armed forces into the autonomous Crimea region of the former Soviet republic, council delegations said.

    A diplomat from Luxembourg, president of the 15-nation council this month, said the meeting would take place at 2:00 p.m. ET and was being convened at the request of Britain.

    The council met on Friday to discuss the crisis in Ukraine's Crimea region but took no formal action, as expected.

    At Friday's session, Ukraine accused Russia of illegal military incursions onto Ukrainian territory, while U.S. and European delegations warned Moscow to withdraw any new military forces deployed in neighbouring Ukraine. Russia, however, said any military movements by Russian forces there were in compliance with its agreement with Kyiv on maintaining its naval base there.

    Russia is a veto-wielding permanent member of the Security Council and, therefore, able to block any actions proposed by its members.

    Russian military in Ukraine

    On Saturday, Russia's parliament granted President Vladimir Putin permission to use the country's military in Ukraine and also recommended Saturday that Moscow's ambassador be recalled from Washington over comments made by U.S. President Barack Obama.

    The unanimous vote in an emergency session formalized what Ukrainian officials described as an invasion of Russian troops in the strategic region of Crimea. With pro-Russian protests breaking out in other parts of Ukraine, Moscow now could send its military elsewhere in Ukraine.

    "I'm submitting a request for using the armed forces of the Russian Federation on the territory of Ukraine pending the normalization of the socio-political situation in that country," Putin said before the vote.

    Putin earlier said the move is needed to protect ethnic Russians and the personnel of a Russian military base in Ukraine's strategic region of Crimea.

    He sent the request to the Russian legislature's upper house, which had to approve the motion under the constitution.

    It was the latest escalation following the ouster of Ukraine's pro-Russian president last week by a protest movement aimed at turning Ukraine toward the European Union and away from Russia.

    Unofficially, thousands of Russian troops and military vehicles have been taking up positions in Crimea in recent days.

    Armed men described as Russian troops took control of key airports and a communications centre in Crimea on Friday.

    Ukraine's population is divided in loyalties between Russia and Europe, with much of western Ukraine advocating closer ties with the European Union while eastern and southern regions look to Russia for support. Crimea is mainly Russian-speaking.

    Crimea PM takes control of security forces

    Crimea's prime minister, Sergei Aksyonov, declared that the armed forces, the police, the national security service and border guards in the region will answer only to his orders.

    Russian troops block access to the Ukrainian coast guard base in Balaklava, a small coastal town near Sevastopol. The poster reads: "A country's border is sacred and inviolable." (Susan Ormiston/CBC)

    Ukrainian Prime Minister Arseny Yatsenyuk opened a cabinet meeting in the capital, Kyiv, by calling on Russia not to provoke discord in Crimea, a peninsula on the Black Sea.

    "We call on the government and authorities of Russia to recall their forces, and to return them to their stations," Yatsenyuk was quoted as saying by the Interfax news agency. "Russian partners, stop provoking civil and military resistance in Ukraine."

    While Yatsenyuk demanded that Moscow stop its "provocative actions," he added his country is refusing to respond with force.

    Russian reinforcements sent 'without warning'

    Defence Minister Igor Tenyukh on Saturday told a cabinet meeting that Russia began sending reinforcements on Friday "without warning or Ukraine's permission."

    Tenyukh said 6,000 Russian troops have been sent to the peninsula, in violation of the law. He added Russia has about 80 military vehicles stationed in various areas of Crimea.

    Russia is supposed to notify Ukraine of any troop movements outside the Black Sea Fleet naval base it maintains in Sevastopol under a lease agreement with Ukraine.

    CBC correspondent Susan Ormiston is in Ukraine. Follow her reports on CBC News Network during the day and each night on CBC's The National. You can follow her on Twitter @Ormistononline

    Russian forces on Saturday attempted to penetrate a marine battalion in the Crimean city of Feodosiya, Tenyukh said.

    The apparent troop mobilization is the latest escalation following the ouster of Ukraine's pro-Russian president last week by a protest movement aimed at turning Ukraine toward the European Union and away from Russian influence.

    CBC News correspondent Susan Ormiston is in Sevastopol, on the southern edge of Crimea, not far from where Russia has operated a Black Sea naval base for decades.

    "We're now seeing Russian troops in other parts of Crimea, armoured personnel carriers, as well as attack helicopters," Ormiston said.

    She reported seeing a stationary convoy of 11 military transport vehicles, as well as five armoured vehicles blocking the access road to the Ukrainian coast guard base in Balaklava, a small coastal town near Sevastopol.

    Mood in Crimea becoming 'more hostile'

    "The mood has also changed here. It's more hostile, more pro-Russian. We have been stopped several times and people are saying that Crimea is Russia and that, as one man puts it, Ukraine is "the bandit."

    Pro-Russian demonstrations have broken out in major cities in eastern and southern Ukraine - in cities that included Kharkhiv, Donetsk and Odessa.

    The Canadian government's Twitter page for international travel issued anew advisory on Saturday.

    "If you are presently in Crimea, you should consider leaving while it is safe to do so," it said.

    In another development, the newly installed leader of Ukraine's Crimea region declared himself in charge of local military and law enforcement on Saturday.

    Sergei Aksyonov said the armed forces, the police, the national security service and border guards in the region will answer only to his orders.

    Soldiers with their faces covered and wearing no insignia patrol the Crimean airport in Ukraine. (Susan Ormiston/CBC)

    British Foreign Secretary William Hague says he has been in contact with Russian Foreign Minister Sergei Lavrov. Hague says he called for a de-escalation of military involvement in Crimea and respect for Ukrainian sovereignty.

    On Friday, the White House told the U.K.'s Guardian newspaper that said U.S. officials are consulting with European leaders on the possibility of pulling out of the G8 summit in Russia this June.

    Back in Moscow, the speaker of the upper house of parliament, Valentina Matviyenko, said Saturday that Russia could deploy additional troops to Crimea to help protect the local population from the new Ukrainian authorities.

    Map: A divided Ukraine

    European loyalties run highest in the Ukrainian-speaking west of the country, while the eastern half generally falls more into the Russian orbit.Hover over the red and blue dots to learn more about specific flashpoints in the conflict.

    Ross Aldridge Las Vegas Nevada revised its 2014 10% gain as a break even scenero. Maybe a short to SKF?

    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in SKF, AAPL over the next 72 hours.

    Mar 02 9:06 PM | Link | Comment!
  • Russian Invasion To Effect The Stock Markets?

    Ross Aldridge Las Vegas Nevada and RAC Consultants have adjusted its position on the 10% 2014 increase for the Stock Markets!

    Is the world about to experience another Black Swan, a seemingly improbable or unpredictable turn of events with deeply negative consequences for financial markets and the economy?

    Armed gunmen seize two airports in Crimea 'an armed invasion, occupation,' Ukraine says

    Russia denies seizing military airport near Black Sea base and civilian airport at Simferopol, raising question 'Who are the gunmen?' Read the latest on Ukraine

    At this stage, Western markets are fairly sanguine about the long-term impact of Ukraine's civil conflict.

    Ukraine is a relatively small economy that remains profoundly more integrated with Russia than Europe. Indeed, Russia has always regarded Ukraine not just as a vassal state, but essentially as part of the same country.

    If it were to vanish from the face of the earth tomorrow, there would undoubtedly be consequences for Russia, but the direct impact on Western economies would be marginal to non-existent.

    Yet it is in the nature of Black Swans that they spring from the seemingly insignificant. Europe's attempts to woo Ukraine have combined with the defensiveness of Vladimir Putin's Russia to give the situation a potentially highly explosive dynamic. We don't know how Mr Putin is going to react.

    This is even more the case for events outside the U.S. For all the hoopla surrounding the Arab Spring, and its eventual descent into renewed Middle Eastern chaos, it has had zero impact on Western financial markets.

    For events that truly poleaxes markets, you have to look to Black Swans in major economies - to the near collapse of America's banking system, the virtual implosion of Europe's ridiculous experiment in monetary union and so on. Such events are not sparked by conflicts in faraway places, but are nearly always self-inflicted.

    That was yesterday but as Ross Aldridge Las Vegas Nevada reviews the March 1, 2014 update:

    • UN calls emergency meeting on Ukraine crisis
    • Russian military use approved to 'normalize socio-political situation'
    • Ukraine's new PM demands that Moscow pull back its troops
    • Pro-Russia demonstrations break out in Ukrainian cities
    • Canadians advised to leave Crimea 'while it is safe to do so'

    The UN Security Council will hold an urgent meeting on the crisis in Ukraine on Saturday after Russia announced plans to send armed forces into the autonomous Crimea region of the former Soviet republic, council delegations said.

    A diplomat from Luxembourg, president of the 15-nation council this month, said the meeting would take place at 2:00 p.m. ET and was being convened at the request of Britain.

    The council met on Friday to discuss the crisis in Ukraine's Crimea region but took no formal action, as expected.

    At Friday's session, Ukraine accused Russia of illegal military incursions onto Ukrainian territory, while U.S. and European delegations warned Moscow to withdraw any new military forces deployed in neighbouring Ukraine. Russia, however, said any military movements by Russian forces there were in compliance with its agreement with Kyiv on maintaining its naval base there.

    Russia is a veto-wielding permanent member of the Security Council and, therefore, able to block any actions proposed by its members.

    Russian military in Ukraine

    On Saturday, Russia's parliament granted President Vladimir Putin permission to use the country's military in Ukraine and also recommended Saturday that Moscow's ambassador be recalled from Washington over comments made by U.S. President Barack Obama.

    The unanimous vote in an emergency session formalized what Ukrainian officials described as an invasion of Russian troops in the strategic region of Crimea. With pro-Russian protests breaking out in other parts of Ukraine, Moscow now could send its military elsewhere in Ukraine.

    "I'm submitting a request for using the armed forces of the Russian Federation on the territory of Ukraine pending the normalization of the socio-political situation in that country," Putin said before the vote.

    Putin earlier said the move is needed to protect ethnic Russians and the personnel of a Russian military base in Ukraine's strategic region of Crimea.

    He sent the request to the Russian legislature's upper house, which had to approve the motion under the constitution.

    It was the latest escalation following the ouster of Ukraine's pro-Russian president last week by a protest movement aimed at turning Ukraine toward the European Union and away from Russia.

    Unofficially, thousands of Russian troops and military vehicles have been taking up positions in Crimea in recent days.

    Armed men described as Russian troops took control of key airports and a communications centre in Crimea on Friday.

    Ukraine's population is divided in loyalties between Russia and Europe, with much of western Ukraine advocating closer ties with the European Union while eastern and southern regions look to Russia for support. Crimea is mainly Russian-speaking.

    Crimea PM takes control of security forces

    Crimea's prime minister, Sergei Aksyonov, declared that the armed forces, the police, the national security service and border guards in the region will answer only to his orders.

    Russian troops block access to the Ukrainian coast guard base in Balaklava, a small coastal town near Sevastopol. The poster reads: "A country's border is sacred and inviolable." (Susan Ormiston/CBC)

    Ukrainian Prime Minister Arseny Yatsenyuk opened a cabinet meeting in the capital, Kyiv, by calling on Russia not to provoke discord in Crimea, a peninsula on the Black Sea.

    "We call on the government and authorities of Russia to recall their forces, and to return them to their stations," Yatsenyuk was quoted as saying by the Interfax news agency. "Russian partners, stop provoking civil and military resistance in Ukraine."

    While Yatsenyuk demanded that Moscow stop its "provocative actions," he added his country is refusing to respond with force.

    Russian reinforcements sent 'without warning'

    Defence Minister Igor Tenyukh on Saturday told a cabinet meeting that Russia began sending reinforcements on Friday "without warning or Ukraine's permission."

    Tenyukh said 6,000 Russian troops have been sent to the peninsula, in violation of the law. He added Russia has about 80 military vehicles stationed in various areas of Crimea.

    Russia is supposed to notify Ukraine of any troop movements outside the Black Sea Fleet naval base it maintains in Sevastopol under a lease agreement with Ukraine.

    CBC correspondent Susan Ormiston is in Ukraine. Follow her reports on CBC News Network during the day and each night on CBC's The National. You can follow her on Twitter @Ormistononline

    Russian forces on Saturday attempted to penetrate a marine battalion in the Crimean city of Feodosiya, Tenyukh said.

    The apparent troop mobilization is the latest escalation following the ouster of Ukraine's pro-Russian president last week by a protest movement aimed at turning Ukraine toward the European Union and away from Russian influence.

    CBC News correspondent Susan Ormiston is in Sevastopol, on the southern edge of Crimea, not far from where Russia has operated a Black Sea naval base for decades.

    "We're now seeing Russian troops in other parts of Crimea, armoured personnel carriers, as well as attack helicopters," Ormiston said.

    She reported seeing a stationary convoy of 11 military transport vehicles, as well as five armoured vehicles blocking the access road to the Ukrainian coast guard base in Balaklava, a small coastal town near Sevastopol.

    Mood in Crimea becoming 'more hostile'

    "The mood has also changed here. It's more hostile, more pro-Russian. We have been stopped several times and people are saying that Crimea is Russia and that, as one man puts it, Ukraine is "the bandit."

    Pro-Russian demonstrations have broken out in major cities in eastern and southern Ukraine - in cities that included Kharkhiv, Donetsk and Odessa.

    The Canadian government's Twitter page for international travel issued anew advisory on Saturday.

    "If you are presently in Crimea, you should consider leaving while it is safe to do so," it said.

    In another development, the newly installed leader of Ukraine's Crimea region declared himself in charge of local military and law enforcement on Saturday.

    Sergei Aksyonov said the armed forces, the police, the national security service and border guards in the region will answer only to his orders.

    Soldiers with their faces covered and wearing no insignia patrol the Crimean airport in Ukraine. (Susan Ormiston/CBC)

    British Foreign Secretary William Hague says he has been in contact with Russian Foreign Minister Sergei Lavrov. Hague says he called for a de-escalation of military involvement in Crimea and respect for Ukrainian sovereignty.

    On Friday, the White House told the U.K.'s Guardian newspaper that said U.S. officials are consulting with European leaders on the possibility of pulling out of the G8 summit in Russia this June.

    Back in Moscow, the speaker of the upper house of parliament, Valentina Matviyenko, said Saturday that Russia could deploy additional troops to Crimea to help protect the local population from the new Ukrainian authorities.

    Map: A divided Ukraine

    European loyalties run highest in the Ukrainian-speaking west of the country, while the eastern half generally falls more into the Russian orbit.Hover over the red and blue dots to learn more about specific flashpoints in the conflict.

    In Conclusion: Look for many volatile sessions this coming week and maybe a long position in SKF?

    Ross Aldridge Las Vegas Nevada

    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in SKF over the next 72 hours.

    Tags: Financals
    Mar 02 9:06 PM | Link | Comment!
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