News 1/3/2013

 

-MARKETS – AT A GLANCE

Not much you can really say. The FEDs minutes and tough ‘talk’ where used to hit gold. Bill Gross set the marks up along with AEP by inflaming the money printing story even as the major G20 Central banks EXCEPT the money printing fools at the ECB who say they are sterilizing , but are not, continue to use prudent monetary policy , except for their negative real interest rates, which cause medium to long term dislocations and misallocation of capital. Bohner gets another 2 years to torment the American people. Markets were adrift after yesterdays no volume short covering rally, which I anticipated well and sold hard. Markets are focusing on the various other mini -cliffs the USA has coming up with Obama threatening to ignore the Congressional purse strings. Now if he did that, that would really be the start of a real gold run. European traders are not at their desks, although Asia and much of the USA is at full staff. Lazy, Europeans, they never learn. Americans are becoming as amoral and bankrupt as their European counterparts although will get only five or so days of ‘real’ vacation  a year so the Europeans can enjoy 4 to 10 weeks of real vacation a year.

4:41 p.m. EST 01/03/13Major Stock Indexes
Last Change % Chg
DJIA* 13391.36 -21.19 -0.16
Nasdaq* 3100.57 -11.70 -0.38
S&P 500* 1459.37 -3.05 -0.21
DJ Total Stock Market* 15192.27 -21.50 -0.14
Russell 2000* 872.60 -0.82 -0.09
Global Dow* 2043.33 -0.30 -0.01
Japan: Nikkei Average* 10395.18 72.20 0.70
Stoxx Europe 600* 286.83 1.50 0.53
UK: FTSE 100* 6047.34 19.97 0.33
4:40 p.m. EST 01/03/13Treasurys
Price Chg Yield %
2-Year Note -1/32 0.279
10-Year Note -20/32 1.911
* at close
4:31 p.m. EST 01/03/13Futures
Last Change Settle
Crude Oil 92.78 -0.34 93.12
Gold 1663.7 -25.1 1674.6
E-mini Dow 13318 -13 13331
E-mini S&P 500 1454.00 -3.00 1453.50
4:41 p.m. EST 01/03/13Currencies
Last (mid) Prior Day †
Japanese Yen (USD/JPY) 87.19 87.34
Euro (EUR/USD) 1.3050 1.3185
† Late New York trading.

-Some nice photos from Boeing, 2012 in review

http://boeingblogs.com/randy/archives/2013/01/more_than_a_feeling.html

-Paulson & Company Named in Revised C.D.O. Lawsuit |

The hedge fund Paulson & Company was named as a defendant in a proposed revised lawsuit brought by the bond insurer ACA Financial Guaranty Corporation. According to papers filed at the New York State Supreme Court, Paulson conspired with Goldman Sachs to persuade ACA Financial to provide insurance for a complex collateralized debt obligation called Abacus that was “doomed to fail,” Bloomberg News reports. A spokesman for Paulson said the allegations were baseless .Dealbook

-The Bloom comes of the Euro as Reserve Currency-AEP

http://www.telegraph.co.uk/finance/financialcrisis/9778899/Europes-dream-of-toppling-dollar-fades-as-Asian-Tigers-dump-euro.html

- Cameron rejects call to return Falkland Islands to Argentina

http://gu.com/p/3czj6

-Planets Abound: Astronomers Estimate That at Least 100 Billion Planets Populate the Galaxy, Caltech study.

-Economist have scaled back Dec jobs expectations to 160k and unemployment at 7.7 pc.

-How the Boehner vote went today in Congress.

http://www.nytimes.com/2013/01/04/us/politics/new-congress-begins-with-wishes-of-comity-but-battles-ahead.html?pagewanted=1&smid=tw-share

-Tiny Tim to leave at end of Jan, just as money runs out

http://www.bloomberg.com/news/2013-01-03/geithner-said-to-plan-departure-before-debt-ceiling-deal.html

-Most FOMC Participants Saw QE3 Ending in 2013

http://www.bloomberg.com/news/2013-01-03/most-fomc-participants-see-qe3-buying-end-in-2013-minutes-show.html

-1440 Nanex reports Nasdaq trading for many stocks went dark for 14 minutes. Nothing from the Nasdaq exchange yet.

- I went through the FOMC minutes which were probably ‘scripted’ and used to hit gold. You’re looking pretty far in the past, by the time you get them and we are looking at a very weak Jobs number tomorrow, a reason to knock gold down.

-Study: Environmentally Friendly Lightbulbs Cause Cancer – The federal government is forcing more and more Americans …http://ow.ly/2u4m0T

Use LED lighting, not CFLs!! Only use CFLs for outside lighting.

-Boycott Zionist Jew Owned Vail Ski Resorts

Vail was started by a real visionary . I remember one year, really noticing a change and it was like someone was trying to shake every last penny out of your pocket. Sure enough I looked it up and the Jews had used the Jewish banking line to do a leveraged take over of Vail. I stopped going after that. The Jewish edict, as fully explained by Israel Shahak is to watch Gentiles take the risk, develop the business then steal it from them. I happened to know the founder of Vail , although once he died his heirs lost control to the Jews as they could not get money for expansion and development and sold at more or less rock bottom prices. Vail used to be family friendly but now mainly caters to NYC and London thugs. I have never seen a mountain like Vail with so many bad skiers on excellent ground. Very popular with the Brits now, another reason to stay away least you get vomited on or mowed down on the slopes.

http://www.nyse.com/about/newsevents/1357211912022.html

The Jews are going to have a lot to answer for in the next life for their banking theft and destruction of the gentiles and the Christian faith. Frankly I’m sick of these people and their lies and theft. We have to take Brother Kapner, the Jew who converted to Christianity’s word, that ‘all’ the Jews know the ‘score’. Still the Gentile is at fault for using his bank and not boycotting the Jewish Supremacist owned businesses, like Walmart, Starbucks, McDonalds, BP, Vail etc. Jews go out of their way to never, every give any business to a gentile to increase their power. Gentiles simply to survive must wake up or perish under Jewish slavers, loyal to the English crown.

-GS on Europe , like being in a depression and not being able to buy from the Germans is a virtue GS?

-

-FOMC Dec meeting Minutes

http://ht.ly/gwdek

-Gold is under attack again, as the FED and its allies at the BOJ/ECB are making a last stand.  The next ‘Fiscal cliff’ is Feb 28. This weeks CFTC report will actually be meaningful for a change. The big battle is at 1800 for gold. Once it clears that point, its is likely to catch up to $2500 pdq, the one good suit price, as I call it. Structural impediments remain for job growth including higher taxes. I remain perplexed by Obama’s polls.

-Final tally on Speaker Vote: Boehner 220, Pelosi 192, Other 14

-MARKETS – AT A GLANCE

1:43 p.m. EST 01/03/13Major Stock Indexes
Last Change % Chg
DJIA 13426.90 14.35 0.11
Nasdaq 3116.94 4.68 0.15
S&P 500 1465.11 2.69 0.18
DJ Total Stock Market 15256.06 42.29 0.28
Russell 2000 877.46 4.04 0.46
Global Dow 2046.21 2.58 0.13
Japan: Nikkei Average* 10395.18 72.20 0.70
Stoxx Europe 600* 286.83 1.50 0.53
UK: FTSE 100* 6047.34 19.97 0.33
1:42 p.m. EST 01/03/13Treasurys
Price Chg Yield %
2-Year Note 0/32 0.267
10-Year Note -5/32 1.858
* at close
1:32 p.m. EST 01/03/13Futures
Last Change Settle
Crude Oil 93.15 0.03 93.12
Gold 1674.3 -14.5 1688.8
E-mini Dow 13356 25 13331
E-mini S&P 500 1460.00 3.00 1457.00
1:43 p.m. EST 01/03/13Currencies
Last (mid) Prior Day †
Japanese Yen (USD/JPY) 87.06 87.34
Euro (EUR/USD) 1.3110 1.3185
† Late New York trading.

-(01-03) 08:47 PST SAN FRANCISCO – Five men stormed into an Outer Richmond District home early Thursday and held the eight residents at gunpoint before fleeing with electronics, cash and luggage, San Francisco police said.The attackers broke down the wooden door of the home on the 500 block of 40th Avenue at 2:50 a.m., dragged the residents from their beds and held them at gunpoint in the living room, police said.The five men stole a smart phone, a tablet, laptop computers, a video game console, cash, wallets, a camera and luggage, said Officer Gordon Shyy, a police spokesman.One of the residents called 911 after the men left, Shyy said. No one was injured.An unidentified man who lives at the home told KTVU-TV that the robbers had said they were looking for drugs. The man speculated that the previous owners of the home had been drug dealers.”Our investigators will explore all avenues as to why they were targeted,” Shyy told The Chronicle. “Regardless of the motive, they did rob these individuals.”No arrests have been made, and detailed descriptions of the five men were not available, Shyy said.
Read more: http://www.sfgate.com/crime/article/Home-invasion-in-S-F-s-Outer-Richmond-4164515.php#ixzz2GwHxIyfe

-Watermelons move to Shut Arctic Drilling down on Sabotage of Shell Operations

Grounded oil rig renews debate over Shell’s Arctic drilling |http://bloom.bg/VxVdSm

 

Michael Ramirez

-Jim Rickards ‏@JamesGRickards

“Security companies are busy ordering two-ton steel doors.”http://on.wsj.com/WgoZcY #Gold vaults at a premium in Asia. Ready for dollar crash.

-GOOG is CIA/MI6/Mossad

AP/Reuters US antitrust regulators say no evidence for claim that Google unfairly favors own services; end investigation of Google

-Feb 28 is The Deadline for US Default Threat

http://www.efxnews.com/story/16610/feb-28-deadline-us-default-threat

-Sutro Sam the Otter leading the High Life in SF

http://www.sfgate.com/science/article/S-F-s-only-river-otter-at-Sutro-Baths-4163180.php#photo-3975878

-California SJV citrus crop escapes major frost damage

Been a great year for Citrus ex the scale issues this year. Sadly most of the California crop goes to Asia and lower quality Citrus , from storage, and Brazil is sold in the USA.

http://westernfarmpress.com/orchard-crops/california-sjv-citrus-crop-escapes-major-frost-damage

- The 113th Congress is being seated this morning and few have any illusions that this one will be any more effective than the 112th Congress. Chances of a revolt among the House GOP during today’s leadership election are virtually nonexistent, and it looks like Boehner will again be elected speaker.

Congress remains as unpopular as ever with educated voters voicing a 72 pc disapproval rate.

\

Summary of current political sentiment in USA.

http://www.people-press.org/2012/12/13/section-1-views-of-obama-congress-the-parties/#unfavorably

-USA trading Session Economic Release Summary

(BR) Brazil Nov Manufacturing PPI M/M: 0.3% v 0.2% prior; Y/Y: 6.6% v 6.4% prior
(US) MBA Mortgage Applications w/e Dec 28th: -10.4% v -11.2% prior
(US) Dec Challenger Job Cuts: 32.6K v 57.1K prior; Y/Y: -22.1% v +34.4% prior
(US) Dec ADP Employment Change: +215K v +140Ke (largest gain since Feb 2012)

(US) Initial Jobless Claims: 372K v 360Ke; Continuing Claims: 3.245M v 3.210Me
(US) Dec ISM New York: 54.3 v 52.5 prior

(SG) Singapore Dec Purchasing Managers Index: 48.6 v 49.5e; Electronics Sector Index: 46.6 v 47.7e

 

-Budget Deal Lets More Savers Switch to Roth 401(k): Taxes

http://www.bloomberg.com/news/2013-01-03/budget-deal-lets-more-savers-switch-to-roth-401-k-taxes.html

-BREAKING: Treasury Sec. Tim Geithner said to plan departure before debt ceiling reckoning

-Auto Trends for 2013

Not a very good overview, but worth a gander.

http://live.wsj.com/video/outlook-2013-hot-cars-in-the-new-year/914DC2A3-C27A-4CF7-A4D5-887EBDBC9292.html?mod=e2tw#!914DC2A3-C27A-4CF7-A4D5-887EBDBC9292

 

-

 

-Disgusting English who are exporting this narovirus to the world, are running out of blood as people are too afraid to go to the filthy English NHS hospital to give it. The NHS just issued an urgent request for blood donors. With as many women as are infected with STDs in England, a clean blood will always be in short supply.

-Price of gold should be around 2500 oz. 

An Oz of gold has always purchased a custom tailored 3 piece suit. Go back to 1850 to today and you will see this is true. FED /ECB /Cartel manipulation. Well the rest of the country dresses in rags, the hate filled NYC hedge fund crowd, pampers itself with manicures, Jewish shrinks to assuage their guilt away from their theft, and an extra woman in the city and ‘bespoke’ suits. WS people are vampires. Look at Sandy Hook, it sort of proves what the Gentry crowd of Connecticut is all about. Bespoke is strictly a British word, for tailored clothing, and is a bastardization of bespeak, which is from the Lords giving orders to their servants and the local merchants of what they want done in their manors. Only jerks and royals use this word in the USA. Gerald Celente is always berating people for not dressing well. Dressing well costs a lot of money. To find good high quality clothes these days you have to be able to read German and shop on line from Austria or Germany where you can still find high quality affordable clothes.

http://www.bloomberg.com/consumer-spending/2012-12-28/the-real-cost-of-a-bespoke-wardrobe.html#slide2

-Thanks to Obama, and Lisa Jackson at the EPA, Jews Ichan and Buffett Reap Shale Oil Transport Bonanza

You watch, Lisa Jackson will get an enormously lucrative job for delivery of the ‘goods’ to the American Shylocks of oil transport.

http://www.bloomberg.com/news/2013-01-03/buffett-like-icahn-reaping-tank-car-boom-from-shale-oil.html

-George Little ‏-PentagonPresSec

While we’re grateful for no sequester right now, we can’t assume we’ve moved beyond the fiscal cliff. Congress needs to act again by March.

-”Praising Congress for its accomplishment like praising an arsonist for putting out his own fire”    http://buswk.co/UIKYw8 

-The Labor Department releases the December figures for non- farm payrolls tomorrow. They rose by 152,000 workers last month after increasing 146,000 in November, according to the median forecast of 75 economists surveyed by Bloomberg News. The unemployment rate held at 7.7 percent, the lowest since December 2008, according to economists’ estimates. BBN

-German Economic Car Miracle boosted by massive subsidies from the State for Corporate wheels

http://www.bloomberg.com/news/2013-01-02/audi-defies-demand-drop-as-companies-give-workers-wheels-cars.html

-Budget deal leaves U.S. defense sector in limbo

http://www.reuters.com/article/2013/01/02/us-usa-fiscal-defense-firms-idUSBRE9010N820130102

-The People with their hands out for $60 billion dollars of your money get richer every day as Manhatten real estate prices soar.

Aid show come in the forms of 1 pc type of interest loans, only. This is all about government corruption and greed in what , as the ZGR demonstrated was a weather engineered event. The NYC Jewish and NJ Jewish developers are the big winners here, just like in New Orleans after Katrina.

http://www.bloomberg.com/news/2013-01-03/manhattan-apartment-listings-plunge-in-sign-sale-prices-to-climb.html

-Europe Close

Country: Index Last Change % Chg
Europe Dow 1701.37 -8.00 -0.47
Stoxx Europe 50 2640.34 18.56 0.71
Stoxx Europe 600 286.79 1.46 0.51
Euro Stoxx 50 2702.17 -9.08 -0.33
Euro Stoxx 267.22 -0.37 -0.14
Austria: ATX Index 2484.54 8.30 0.34
Belgium: Bel-20 2516.81 1.54 0.06
Denmark: OMX Copenhagen 20* 508.41 1.98 0.39
Estonia: OMX Tallinn* 760.02 7.16 0.95
Finland: OMX Helsinki* 6049.65 43.56 0.73
France: CAC 40* 3721.88 -12.05 -0.32
Germany: DAX* 7757.63 -21.15 -0.27
Greece: Athens General* 952.30 11.04 1.17
Greece: DJ Greece TSM* 730.16 7.71 1.07
Greece: FTSE/ATHEX 20* 325.78 3.15 0.98
Iceland: OMX Iceland All-Share* 701.00 15.59 2.27
Ireland: ISEQ Overall * 3476.84 20.64 0.60
Italy: FTSE MIB 16909.83 16.44 0.10
Latvia: OMX Riga* 401.27 1.15 0.29
Lithuania: OMX Vilnius* 362.46 0.29 0.08
Netherlands: AEX* 350.75 0.54 0.15
Norway: OSE All-Share* 502.36 0.89 0.18
Portugal: PSI 20 5859.12 47.02 0.81
Russia: DJ Russia Titans* 6564.17 54.45 0.84
Spain: IBEX 35* 8410.30 -37.30 -0.44
Sweden: OMX Stockholm* 351.74 0.22 0.06
Switzerland: Swiss Market* 7015.72 193.28 2.83
UK: FTSE 100* 6043.59 16.22 0.27
UK: FTSE 250* 12661.79 49.94 0.40
UK: FTSE AIM All-Share* 716.49 0.29 0.04

-Transocean Ltd. will settle all federal claims over the Deepwater Horizon explosion and subsequent oil spill for $1.5 billion, a person familiar with the matter said. The agreement will be announced today, said the person, who declined to be identified because the matter isn’t public. BBN

-Jewess, NWO Agent, Celebrated in Death for trying to Destroy Family in Japan

As Belloc said, every Jew should be regarded as an agent of the English empire. Families lead by men are impossible to destroy and subjugate. Families lead by women are easily lead into satanism and rule. Her demands for state paid abortion on demand finally did bring Japan to its knees demographically. Really amazing what troublemakers the Jewish people are, just like the English, interfering in every nation on earth. Always looking to divide and rule. While the Jewish owned NYT may celebrate this woman, and I doubt she repented, she is in hell below. The NYT celebrates many, perverse things and people, form Ms. Gordon to Henry Kissinger to war criminals like W. Bush even.

http://www.nytimes.com/2013/01/02/world/asia/beate-gordon-feminist-heroine-in-japan-dies-at-89.html?pagewanted=all&src=ISMR_AP_LO_MST_FB&gwh=25B1A864B74277AA64BF2C694FDDF423

-Lawmakers Gird for Next Fiscal Clash, on the Debt Ceiling

http://www.nytimes.com/2013/01/03/us/politics/for-obama-no-clear-path-to-avoid-a-debt-ceiling-fight.html?ref=business&_r=1&

-British and Others Get Massive Tax Benefits from latest Package

No mention that Goldman Sachs is allowed to develop its real estate holdings in NYC tax free essentially. I took a quick scan through the legislation, and have yet to see a good write up by the press on all the deals ‘special’ people got and no one has mentioned good old Goldman Sachs, showing you how the tribe stays loyal to its own.

http://www.latimes.com/news/nationworld/nation/la-na-fiscal-deals-20130103,0,1199276.story

-USA Markets

U.S. STOCKS | See all U.S. Stocks Data
11:29 a.m. EST 01/03/13Major Indexes
Last Change % Chg
DJIA 13406.03 -6.52 -0.05
DJ Transportation Average 5458.15 22.41 0.41
DJ Utility Average 461.90 0.44 0.10
DJ Total Stock Market 15234.17 20.40 0.13
Nasdaq 3113.84 1.57 0.05
Nasdaq 100 2746.48 0.01 0.00
S&P 500 1463.47 1.05 0.07
S&P 100 663.19 -0.68 -0.10
S&P 400 Mid-Cap 1051.00 4.68 0.45
S&P 600 Small-Cap 490.63 1.35 0.28
NYSE Composite 8633.99 1.98 0.02
Russell 2000 874.86 1.44 0.16
NYSE MKT Composite 2374.30 -3.66 -0.15
KBW Bank 52.76 -0.17 -0.32
PHLX Gold/Silver 167.94 -0.53 -0.31
PHLX Housing Sector 177.73 0.62 0.35
PHLX Oil Service 227.81 1.90 0.84
PHLX Semiconductor 399.91 0.18 0.05
CBOE Volatility 14.59 -0.09 -0.61
11:29 a.m. EST 01/03/13Markets Diary
Issues NYSE Nasdaq NYSE MKT
Advancing 1,890 1,211 206
Declining 1,074 1,108 166
Unchanged 100 114 29
Total 3,064 2,433 401
Issues at
New 52 Week High 226 94 6
New 52 Week Low 4 9 3
Share Volume
Total 1,315,556,700 620,294,934 42,490,444
Advancing 787,099,181 369,461,401 17,859,050
Declining 505,903,712 244,533,439 23,950,551
Unchanged 22,553,807 6,300,094 680,843
Stock Indexes(Click through for full charting)
11:17 am EST 01/03/13Most Active Stocks
NYSE | Nasdaq | ArcaComposite
Issue Volume Price Chg % Chg
BankAm (BAC) 59,075,071 11.97 -0.06 -0.50
FordMotor (F) 53,050,464 13.55 0.35 2.65
Nokia (NOK) 24,590,877 4.18 0.07 1.70
AlcatelLucent ADS (ALU) 21,761,430 1.53 0.13 9.29
GenElec (GE) 14,146,257 21.26 -0.08 -0.37
11:17 am EST 01/03/13Gainers
NYSE
Issue Price Chg % Chg Volume
TrinaSolar ADS (TSL) 5.29 0.81 18.08 5,487,044
YingliGrnEngy (YGE) 2.77 0.30 12.15 3,204,057
JinkoSolarHld (JKS) 7.23 0.72 11.06 373,886
Unifirst (UNF) 83.34 7.64 10.09 107,175
Quiksilver (ZQK) 4.82 0.44 10.05 1,298,863
11:17 am EST 01/03/13Decliners
NYSE
Issue Price Chg % Chg Volume
FamilyDlr (FDO) 56.83 -7.21 -11.26 8,463,908
StageStrs (SSI) 22.03 -2.75 -11.10 407,295
SklldHlthcrGp A (SKH) 6.01 -0.50 -7.65 182,532
LimitedBrnds (LTD) 44.43 -2.97 -6.27 3,456,081
TaomeeHoldingsADS (TAOM) 3.64 -0.19 -4.96 15,200

- MARKETS – AT A GLANCE

11:27 a.m. EST 01/03/13Major Stock Indexes
Last Change % Chg
DJIA 13404.36 -8.19 -0.06
Nasdaq 3113.35 1.09 0.04
S&P 500 1463.28 0.86 0.06
DJ Total Stock Market 15233.75 19.98 0.13
Russell 2000 874.84 1.42 0.16
Global Dow 2046.11 2.48 0.12
Japan: Nikkei Average* 10395.18 72.20 0.70
Stoxx Europe 600 286.67 1.34 0.47
UK: FTSE 100 6040.28 12.91 0.21
Last (mid) Prior Day †
Japanese Yen (USD/JPY) 86.86 87.34
Euro (EUR/USD) 1.3111 1.3185
† Late New York trading.

- Italy PM Monti- Bond spreads have fallen due to a return of foreign, Italian investor faith in Italy; hopes trend with spreads will continue (Lies, it was direct intervention, I was ROLFing last nite when I read this ). Also said Bersani would need to abandon traditional allies to govern, and offering up his party as minority partner. (Note Bersani is a former communist, with very socialistic anti-business leanings still)

- ECB’s Demetriades (Cyprus)- commented that banking sector reorganization was the only option for Cyprus and must convince European partners of Cyprus’ commitment.
- Germany Chancellor Merkel Adviser Feld - expressed fears that political parties would try to outbid each other with electoral promises that will burden the national budget and concerned that reforms made over the past years would be reversed
- Greece banking sector non-performing loans rose approx 50% in 2012 y/y. According to the report, as of Dec Greek banks had non-performing loans equal to about 24% of total assets vs 16% y/y with the total value of the bad loans may equal about €55B.(Note: In late Dec, Greece’s Central Bank said that 50B in aid was enough to recapitalize the country’s banking sector)
- UK BoE Q4 lending report noted that UK banks reported largest rise in availability of mortgage, corporate lending on record in Q4. It did see a reduction in demand for lending to small firms but an increase in demand for lending to mid-sized firms. Demand for unsecured lending increased significantly while demand for secured lending for house purchases increased. Lastly demand for unsecured lending to households rose slightly and credit for corporate sector was expected to increase in next 3 months

-London (AEP) , still on the attack, suggests Portugal will seek relief from the Troika soon.

-Weak loan data highlight euro zone economic woes

http://www.reuters.com/article/2013/01/03/eurozone-m-idUSL5E9C326D20130103

-Dust Bowl Wilting U.S. Wheat as Funds Turn Bearish

http://www.bloomberg.com/news/2013-01-03/dust-bowl-wilting-u-s-wheat-as-funds-turn-bearish-commodities.html

-The U.S. budget package passed by Congress won’t reduce deficits enough to avoid a sovereign- rating downgrade, according to Moody’s Investors Service.The ratio of government debt to gross domestic product will likely peak at about 80 percent in 2014 and may stay at about that level for the rest of the decade, New York-based Moody’s said today in a statement. The ratings company assigns the U.S. its top Aaa ranking and has a negative outlook on the grade, as does Fitch Ratings. Standard & Poor’s cut the U.S. rating one step to AA+ on Aug. 5, 2011, with a negative outlook. BBN

-European Session  Economic Release Summary

(DE) Germany Nov ILO Employment: 41.55M v 41.52M prior; Unemployment Rate: 5.4 v 5.4% prior
(UK) Dec Nationwide House prices M/M: -0.1% v 0.0%e; Y/Y: -1.0% v -0.9%e
(ES) Spain Dec Net Unemployment M/M: -59.1K v +62.5Ke (first decline since July)
(CH) Swiss Dec KOF Leading Indicator: 1.28 v 1.40e
(TR) Turkey Dec Consumer Prices M/M: 0.4% v 0.2%e; Y/Y: 6.2% v 6.0%e; CPI Core Y/Y: 5.8% v 5.7% prior
(TR) Turkey Dec Producer Prices M/M: -0.1% v +1.7% prior; Y/Y: 2.5% v 3.6% prior
(NO) Norway Dec PMI Survey: 50.0 v 50.0e
(EU) ECB: €120M borrowed in overnight loan facility vs. €587M prior; €275.9B parked in deposit facility vs. €280.2B prior
(SE) Sweden Nov Household Lending Y/Y: 4.6% v 4.5%e
(CH) Swiss Dec Manufacturing PMI: 49.5 v 48.4e
(HK) Hong Kong Nov Retail Sales Value Y/Y: 9.5% v 4.2%e; Retail Sales Volume Y/Y: 8.1% v 3.7%e
(DE) Germany Dec Unemployment Change: +3KK v +10Ke (10th straight monthly increase); Unemployment Rate: 6.9% v 6.9%e
(EU) Euro Zone Nov M3 Money Supply Y/Y: 3.8% v 3.8%e; M3 Money Supply 3-month avg: 3.4% v 3.5%e
(UK) Dec PMI Construction: 48.7 v 49.5e; lowest reading since June 2012

 

- China Dec Non-Manufacturing PMI registers its 10th straight month of expansion and a 4-month high

- Greece banking sector non-performing loans rose approx 50% in 2012 y/y

- Spain Dec Unemployment falls for the first time since July - German unemployment rises for the 10th straight month but amount is below market expectations

- 10-Year Gilt yield moves above the 2.0% level for the first time since May 2010

- UK PMI Construction hits a six-month low and remains below the critical 50 level 

-CEOs pan fiscal cliff deal, vow to continue debt fight

U.S. executives largely panned the congressional deal to steer America away from the “fiscal cliff,” saying Washington wasted an opportunity to address the nation’s long-term debt, but said they would continue to agitate for a better budget plan.While CEOs expressed relief that $600 billion in tax hikes and spending cuts will not kick the fragile economy in the gut, their gratitude was salted with insults.”I think this deal’s a disaster,” said Peter Huntsman, chief executive of chemical producer Huntsman Corp.”We’re just living in a fantasy land. We’re borrowing more and more money. This did absolutely nothing to address the fundamental issue of the debt cliff.”Former Wells Fargo CEO Dick Kovacevich said the agreement confirms that Washington and both parties are totally out of control….

http://www.reuters.com/article/2013/01/02/us-usa-fiscal-corporate-idUSBRE9010NZ20130102

“I think it’s a joke,” Kovacevich said of the deal. “It’s stunning to me that after working on this for months and supposedly really getting to work in the last 30 days that this is what you come up with.”

-Applications for jobless benefits increased 10,000 to 372,000 in the week ended Dec. 29, the Labor Department reported today in Washington. Economists forecast 360,000 claims, according to the median estimate in a Bloomberg survey. A report from the ADP Research Institute showed companies added more workers than projected in December. BBN

-Companies added more workers than projected in December, indicating the U.S. job market finished 2012 with momentum, according to a private report based on payrolls.The 215,000 increase in employment was the largest since February and followed a revised 148,000 gain the prior month that was larger than initially reported, figures from the Roseland, New Jersey-based ADP Research Institute showed today. The median forecast of 36 economists surveyed by Bloomberg called for a December advance of 140,000. BBN

-Why Japan’s ‘Fukushima 50′ remain unknown

http://www.bbc.co.uk/news/world-asia-20707753#TWEET494864

-Al Gore Kills 100 in India as they freeze to death due to his Removing CO2 from the Atmosphere

More than 100 people have died of exposure as parts of northern India endure historically cold temperatures.Police spokesman Surendra Srivastava said at least 114 people have died from the cold in the state of Uttar Pradesh, with 23 deaths in the past 24 hours.
He said many of the victims were people living in poverty whose bodies were found on streets or in parks.The weather department said temperatures in the state were four to 10C (seven to 18F) below normal. Temperatures in New Delhi, which borders Uttar Pradesh, hit a high yesterday of 9.8C (49.6F), the lowest maximum temperature in the capital since 1969.

-Basel Becomes Babel as Conflicting Rules Undermine Safety

http://www.bloomberg.com/news/2013-01-03/basel-becomes-babel-as-conflicting-rules-undermine-safety.html

-Swiss Guns Freedom Comes under Zionist Attack..

Report: Gunman arrested after shooting 3 people dead and wounding 2 others in Swiss village of Daillon

http://www.bbc.co.uk/news/world-europe-18773158

Notice the BBC rejoinder. The Swiss must give up their guns. Always England telling everyone what to do. I wonder why?

-A Swiss Region Where the Gold Comes in Solid and Liquid Forms

http://www.nytimes.com/2013/01/03/world/europe/in-mendrisio-switzerland-gold-can-be-solid-and-liquid.html?ref=business

-Obama, the murderer in Secret says the Zionist Courts

http://www.rawstory.com/rs/2013/01/02/aclu-condemns-court-for-keeping-details-of-obamas-assassination-program-secret/

-Geopolitical Headliners

News, www.antiwar.com
Updated January 3, 2013 – 1:07 AM EST
Comparing US and Soviet Failures in Afghanistan
Gen. Allen Presents Options for US Troops in Afghanistan Past 2014
Court Rejects Obama Disclosure on Drone Strikes
Obama’s Renditions: Short on Evidence, Long on Secrecy
At Least 30 Killed in Damascus Air Strike
War in Syria Such an Obviously Bad Idea, Even DC Insiders Know It
UN Estimates 60,000 Dead in Syrian Civil War
Can an Anti-Blackout Save Journalist James Foley in Syria?
Settlers Attack Palestinian Village of Jalud
Likud Officials Call for Israeli Annexation of West Bank Territories
Poll: Likud-Beiteinu Slips and Jewish Home Surges in Israel Vote
Left, Far-Right and Center: Israeli Parties Strive to Cross ‘Threshold’
Soaring Cost of Military Drugs Could Hurt Budget
14 Killed in Iraq Violence; 46 Kurd Rebels Killed in Turkish Op
Central African Republic Rebels Halt Advance, Agree to Talks
Viewpoints
Obama Needs Hagel in the Pentagon  by Ray McGovern
Mr. Obama, Make 2013 a Year of Change  by Doug Bandow
Reflections on the Torture Debate by Joseph Margulies
Surviving War, Falling to Suicide by Kelley Vlahos
What Is an Assange?  by John Cusack
Crossover Drones  by Tom Barry
More Viewpoints

-Snow Futures in your Future as desperate CME thugs seek another market to rip off the marks

http://openmarkets.cmegroup.com/4977/who-needs-snowfall-futures

-Obama signs Fiscal Cliff Bill into Law

-FBI knew of plot to kill OWS activists, remained silent

http://www.youtube.com/watch?v=iih0qWERlZM

-Battered by Expensive Crises, Toyota Declares a Rebirth

http://www.nytimes.com/2013/01/03/business/battered-by-crises-toyota-declares-a-rebirth.html?ref=business

-German November ILO SA unemployment rate 5.4%

-With Zipcar, Avis backs Steve Case’s sharing economy |http://buswk.co/WeWv3v

-The English traders are more or less MIA, vomiting their way across Austria and falling on their faces, or vomiting on the Beaches of the Bahamas, and also falling on their faces.

-The big boys in Tokyo and Shanghai have the day off.

-CHINA DECEMBER  NON-MANUFACTURING PMI: 56.1 V 55.6 PRIOR (10th straight month of expansion, 4-month high)

This entry was posted in Uncategorized. Bookmark the permalink.

4 Responses to News 1/3/2013

  1. zephyrglobalreport.com says:

    2014, cross over for LNG power, its already crossed over for diesel power. 2016, cross over for coal. the china men are not opec members, are not in the windsors-rothschilds-rockefeller- saud ‘royal’ familes with their own cartel. these oil sob are on their last harrah, the chinese will break the wests monopoly market. and will rip off usa and european solar patents to do it. meanwhile the usa is solar industry is run by a bunch of con guys, literal and figurative, who are doing all they can to prevent a true cost effective option. what ,every new house could not be required by law to offer solar ? this carbon tax thing is like taxing the sun for the big anglo-jews. nearly free solar energy say by 2020, will really do more to boost the third world than anything. and no one hates that more than the brits and their slimy first cousins. the british empire was all about and still is harvesting the world in turn for delivering their shylock cousins to your doorstep with his crooked money and usury and crooked central bank, another ‘cartel’ whose time has come in history to just go.

  2. vino says:

    the comex silver paper traders are gonzo

    China may almost double its upper limit for solar power installed capacity to 40 gigawatts by 2015 from the current 21 gW, an industry insider said.
    China may raise solar power capacity
    Updated: 2012-12-11 14:03
    (Xinhua)

    http://europe.chinadaily.com.cn/business/2012-12/11/content_16006281.htm

    BEIJING — China may almost double its upper limit for solar power installed capacity to 40 gigawatts by 2015 from the current 21 gW, an industry insider said.

  3. zephyrglobalreport.com says:

    MY kin are from the tyrol although we came from france 700 year before that. i don’t think any jews snuck into our family line, but an english man did recently. same thing. thank goodness he produced no children. switzerlands been controlled by the rothschilds since the 70s, now they are bolder now and in the open and gloating. no doubt this latest shooting is to grab swiss guns. hey rothschilds sent his own personal attorney from england to take ubs under. it is the fault of the women for demanding security of the jew, which brings death to her soul and family.

  4. Not Slimy Swiss with German Blood says:

    Hey you Jewish Christian? Switzerland is controlled and owned already by the Zionists. When will Kitchen Knifes become forbidden?
    Everywhere they are. “La suisse n’existe pas.” Is now real. Goodbye totally when the electronic voting is through.
    I’m already a big victim.
    Greetings

Leave a Reply

Your email address will not be published. Required fields are marked *

20 − 4 =

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>