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Submitted by Claire Bernish via TheAntiMedia.org, In the spirit of the transparency — of which the Obama administration claims to be a champion — there will be no details regarding the allocation of non-military intelligence spending in the president’s final budget request to Congress. According to a press release from the Office of the Director […]

Oil’s late week surge provided much buying excitement asd Mid-East equity markets opened with flashing green numbers across every screen. However, by the close, it was a sea of red with Kuwait, Egypt, Amman, and Iraq all lower and Saudi’s Tadawul All Share Index tumbling almost 4% from the opening highs as war worries dragged […]

Long before the mainstream media caught on to the topic of SWF selling of stocks, we warned a month ago that as a result of the collapse in oil, and assuming oil remains priced at roughly $31 per barrel, the world’s largest SWFs showin the chart below… … would be forced liquidate at least $75 […]

By EconMatters This year financial markets have been in Risk Off mode, and as a result the USD/JPY carry trade has reversed considerably in 2016. Just how low can we go in this reversal? At certain points a market is broken, and fair value considerations go out the window. [embedded content] © EconMatters All Rights […]

Excerpted from James Stack’s InvesTech.com, Technical Evidence: Confirming a bear market  It’s been 26 years since we developed our Negative Leadership Composite (NLC) to help identify the best buying opportunities, as well as the highest risk markets. It’s pure common sense that broad upside leadership (and absence of downside or negative leadership) signifies or confirms […]Read More

When it comes to geopolitics, all anyone wants to talk about is Syria. And understandably so. When it comes to financial markets, all anyone wants to talk about is China – an equally understandable fixation. To be sure, China was already a big driver of risk on/ risk off sentiment going into August of 2015. […]

Authored by Mark St.Cyr, Federal Reserve Chair Janet Yellen gave her bi-annual Humphrey-Hawkins testimony before congress this past week. Although the prepared remarks were much the same as expected with any monetary policy review. What really made “news” to anyone paying attention was the Q&A. Yes, may times Ms. Yellen seemed to give the usual […]Read More

For credit investors, 2015 was bad a year (for energy bonds it may have been the worst on record) culminating with the gating and liquidation of several credit-focused mutual and hedge funds. However, judging by these heatmaps, 2016 is shaping up to be even worse. The first chart below from Bank of America shows a […]

Sterling Bank’s Chief Financial Officer, Abubakar Suleiman has announced that the bank is looking to buy “one or two mid-sized commercial lenders” following the drop in the value of the naira. According to Reuters the CFO says he expect devaluation to drop by as much as 20% which will impact on the capital adequacy ratio of companies. […]Read More

A Nigerian passenger waited until the plane was 33, 000 feet above sea level to ask his fiancee he had been dating for four years to marry him. She accepted, tearfully, the spectacular proposal, as other passengers watched in amazement. The fiancee, Damilola Shoneye, travelling on Dana Air’s flight 335 from Lagos to Abuja didn’t […]

Honestly, We Don’t Know Where The Chibok Girls Are, Says Nigeria’s Air Force – SIMONATEBA.COM 2 Shares Share Tweet Share Email Press Statement The attention of the Nigerian Air Force (NAF) has been drawn to a statement to the effect that the NAF has located the position of the Chibok girls. Please let it be […]Read More

LadyBeellionaire Fashion House, Enugu, Nigeria’s House Of Glamour – SIMONATEBA.COM 2 Shares Share Tweet Share Email LadyBeellionaire Fashion House, Nigeria’s number one house of glamour located in Enugu state, is a fast rising sophisticated female fashion brand owned by three Sisters: Chioma, Onyekachi and Ngozi Okochi. LadyBeellionaire provides bespoke tailoring services as well as off […]Read More