JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER.
1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)
Chart by Stacy Jones-chart fortune
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
1 KINGS 10:13-14
13 And king Solomon gave unto the queen of Sheba all her desire, whatsoever she asked, beside that which Solomon gave her of his royal bounty. So she turned and went to her own country, she and her servants.
14 Now the weight of gold that came to Solomon in one year was six hundred threescore and six talents of gold,
GENESIS 49:16-17
16 Dan shall judge his people, as one of the tribes of Israel.
17 Dan shall be a serpent by the way, an adder in the path, that biteth the horse heels, so that his rider shall fall backward.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
BANK RELATED INFORMATION
http://israndjer.blogspot.ca/2015/09/bank-related-links.html
CURRENCIES
http://www.bloomberg.com/markets/currencies
COMMODITIES
http://www.bloomberg.com/markets/commodities
UPDATE-JANUARY 21,2016-12:00AM
DOW MARKET THURSDAY-JAN 21,2016
09:30AM-13.43
10:00AM-30.67-
10:30AM-119.20
11:00AM-103.25
11:30AM-138.96
12:00PM-212.16
12:30PM-244.42
01:00PM-217.70
01:30PM-163.71
02:00PM-174.16
02:30PM-78.61
03:00PM-132.38
03:30PM-130.31
04:00PM-115.94+ 15,882.68 - S&P +9.66 1868.89 - NASDAQ +0.37 4472.06
HIGH +247 LOW -61
TSX +192.75 12,035.86 - GOLD $-4.60 $1,101.50 - OIL $+1.21 $29.79
Greece considered parallel currency, Varoufakis confirms-By EUOBSERVER-JAN 20,16
Today, 09:15-Greece's former finance minister, Yannis Varoufakis, confirmed on Tuesday in a Skai TV interview that he was instructed last year by prime minister Alexis Tsipras to draw up a Plan X for introducing a parallel currency in case Greece failed to agree a bailout deal.
Danish beaches drop the EU blue flag-By EUOBSERVER-JAN 20,16
Today, 09:14-Five Danish municipalities won't flag the EU's blue flag any more despite water quality at their beaches being fully up to the standards, reports Danmarks Radio. The rules are considered bureaucratic and expensive but in particular a ban on dog bathing at blue flag beaches is very unpopular.
Russian ruble hits all-time low against dollar-AFP By Anna Smolchenko-JAN 20,16-YAHOONEWS
Moscow (AFP) - The ruble hit a historic low on Wednesday as the dollar climbed past the 82 ruble mark for the first time, exceeding the levels seen during the shock plunge of the Russian currency in December 2014.After a day of relative calm, the ruble resumed its downward spiral as oil prices struck fresh 12-year lows, breaking through the previous record low of 80.1 rubles to the dollar it hit on December 16, 2014.The ruble also weakened past 90 against the euro, its lowest level since December 2014.As gas and oil account for more than a half of Russian budget revenues, the collapse in global energy prices has quickly led to pressure on the currency.The Russian central bank said Wednesday it wasn't considering hiking interest rates to halt the slump in the value of the ruble as it did in December 2014, when it pushed its interest rate to 17 percent in a dramatic midnight move."Currently the adjustment of the market value is happening rather smoothly," the Bank of Russia said in a statement, adding the ruble's weakening had an "objective character" because of the country's dependence on energy exports.But the worsening economic outlook presents a serious challenge for President Vladimir Putin, whose popularity with voters has been based on years of economic stability and relative prosperity.So far Kremlin strongman has largely made light of the economic crisis and has pointed out that a weaker ruble opens up new opportunities for Russia.He joked about seeing so many government officials at a meeting on Wednesday, the same day the World Economic Forum of global business and political elites opened in the Swiss ski resort of Davos."They used to go there with great pleasure but are not going now. Apparently, they don't have enough money for the tickets," he said with a smile.But the crisis has had a much wider impact than on the travel budget of Russian officials.Low oil prices have complicated the government's ability to meet its social spending commitments, while the eroding value of the ruble makes it more difficult for ordinary Russians to buy imported food and goods.- 'Harder life' -"Even an ordinary person already understands -- if the ruble falls, prices will grow and life will become harder," said Igor Nikolayev, director of the FBK Grant Thornton Institute of Strategic Analysis.While Prime Minister Dmitry Medvedev has said that the government will seek to honour its social obligations, he said it will have to "considerably cut" other spending.The outlook for the Russian economy is darkening. The International Monetary Fund on Tuesday downgraded its forecast for Russia, predicting that the country's economy would contract by 1 percent this year.The IMF warned that slower Chinese growth, a stronger US dollar and the collapse in oil prices could all wreak further havoc in struggling economies like Russia's."The market will be generally driven by global economic sentiment, which does not exactly look hopeful at the moment," said analysts at Alfa Bank.Western sanctions over the Kremlin's support for the separatist insurgency in Ukraine have all but closed access to foreign borrowing for Russia and exacerbated the crisis.Moscow's economic sanctions against Turkey over the downing of a Russian bomber at the Syrian border in November has further complicated matters.Polls and anecdotal evidence show that average Russians have begun saving on food purchases.Isolated protests have over the past few months been reported in several cities over the planned cancellation of social benefits and companies failing to pay wages on time.But analysts say that economic hardships have not yet translated into widespread discontent with the Kremlin and many appear to take it on the chin.Vera Larionova, a 52-year-old Muscovite, said she was not depressed by the falling ruble."Priorities are important. If our love for the man is greater than our love for the money then there's a chance we'll survive," she told AFP.
Equities whacked by oil tumble; bear confirmation nears-Reuters By Chuck Mikolajczak-JAN 20,16-YAHOONEWS
NEW YORK (Reuters) - Global equity markets dropped to their lowest levels in 2-1/2 years on Wednesday to put them on pace for one of the most dismal monthly performances on record, as oil once again tumbled to 13-year lows.The MSCI World equity index <.MIWD00000PUS> slumped 3.4 percent to its lowest level since June 2013. The index has already dropped 11.1 percent in January, which if sustained would be the worst monthly loss since October 2008, the month after Lehman Brothers went bankrupt.The declines left the index down 20.5 percent from its high on May 22, confirming a bear market on an intraday basis, generally defined as a drop of more than 20 percent.Wall Street tumbled more than 3 percent, with each of the 10 major S&P sectors down more than 2 percent, led lower by a drop of almost 6 percent in the energy <.SPNY> sector. Nearly 200 stocks in the benchmark S&P were down 20 percent or more from their 52-week high.The Dow Jones industrial average <.DJI> fell 502.56 points, or 3.14 percent, to 15,513.46, the S&P 500 <.SPX> lost 59.34 points, or 3.15 percent, to 1,821.99 and the Nasdaq Composite <.IXIC> dropped 126.79 points, or 2.83 percent, to 4,350.16.There have been steeper monthly drops only three times in the MSCI World index's 28-year history, two of which occurred during the financial crisis in 2008."The damage being done in energy is spreading," said Brian Fenske, head of sales trading at ITG in New York."Just getting up every morning and seeing the S&P futures down 1 to 2 percent has a near-term psychological impact and puts some investors into risk-off mode," Fenske said.U.S. crude plunged to a low of $26.30, its lowest since May 2003 after the International Energy Agency warned the market could "drown in oversupply." WTI was last off 6.6 percent to $26.59 while Brent crude lost 4.8 percent, to $27.38.European shares closed at their lowest level since October 2014, with the FTSEurofirst 300 <.FTEU3> down 3.3 percent, to notch its biggest single-session decline in six weeks.France's CAC <.FCHI> and Britain's FTSE <.FTSE> both tumbled more than 3 percent for their worst session declines of the year and Germany's DAX <.GDAXI> lost 2.8, for its worst daily drop since the first trading day of 2016.Another key commodity, copper , slipped 1.1 percent, driving falls of 5.2 and 5.1 percent respectively in Europe's basic resources <.SXPP> and energy <.SXEP> sectors.Oil shares in Europe are down more than 14 percent already this year and at their lowest levels since March 2003. That has been a major weight on the FTSEurofirst 300, which is down nearly 12 percent in 2016 and more than 23 percent from its high in April.The Nikkei share average <.N225> shed 3.7 percent to its lowest close since Oct. 24, 2014.The safe-haven yen climbed as risk appetite soured, dragging the dollar to a one-year low, as investors trimmed the chances of more tightening by the Federal Reserve. The U.S. currency was down 1 percent at 116.44 yen after hitting a session low of 115.96 yen.While the dollar fell against the yen, it was strong against emerging market currencies, compounding the misery for many countries already suffering from low oil prices.Demand for U.S. bonds, another asset sought in times of uncertainty, was high, with yields on benchmark 10-year Treasury notes down to 1.9477 percent, after falling as low as 1.93 percent, up 25/32 in price.(Additional reporting by Abhiram Nandakumar; Editing by Nick Zieminski)
EARTHQUAKES
EZEKIEL 37:7,11-14
7 So I prophesied as I was commanded: and as I prophesied, there was a noise, and behold a shaking, and the bones came together, bone to his bone.(POSSIBLE QUAKE BRINGS ISRAEL BACK TO LIFE-SO NOISE AND SHAKING-QUAKES WILL ALSO DESTROY ISRAELS ENEMIES)
11 Then he said unto me, Son of man, these bones are the whole house of Israel: behold, they say, Our bones are dried, and our hope is lost: we are cut off for our parts.
12 Therefore prophesy and say unto them, Thus saith the Lord GOD; Behold, O my people, I will open your graves, and cause you to come up out of your graves, and bring you into the land of Israel.
13 And ye shall know that I am the LORD, when I have opened your graves, O my people, and brought you up out of your graves,
14 And shall put my spirit in you, and ye shall live, and I shall place you in your own land: then shall ye know that I the LORD have spoken it, and performed it, saith the LORD.
MATTHEW 24:7-8
7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
8 All these are the beginning of sorrows.
MARK 13:8
8 For nation shall rise against nation, and kingdom against kingdom:(ETHNIC GROUP AGAINST ETHNIC GROUP) and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.
LUKE 21:11
11 And great earthquakes shall be in divers places,(DIFFERNT PLACES AT THE SAME TIME) and famines, and pestilences; and fearful sights and great signs shall there be from heaven.
UPDATE-JANUARY 21, 2016-12:00PM
1 Day, Magnitude 2.5+ Worldwide
28 earthquakes - DownloadUpdated: 2016-01-21 23:59:16 UTCShowing event times using UTC28 earthquakes in map area
4.2 71km SSE of Nikolski, Alaska 2016-01-21 23:57:35 UTC 41.4 km
2.7 27km N of Warm Springs, Nevada 2016-01-21 23:29:49 UTC 0.0 km
4.6 47km NE of Rota, Northern Mariana Islands 2016-01-21 22:58:47 UTC 90.6 km
2.9 63km WSW of Anchor Point, Alaska 2016-01-21 22:36:44 UTC 94.4 km
2.6 8km WSW of Ludlow, California 2016-01-21 22:33:27 UTC 1.7 km
3.1 21km W of Medford, Oklahoma 2016-01-21 21:05:04 UTC 6.7 km
2.7 7km SSW of Lathrop, California 2016-01-21 21:04:52 UTC 17.6 km
5.0 227km SE of Sarangani, Philippines 2016-01-21 20:10:38 UTC 10.0 km
4.8 58km SE of Lar, Iran 2016-01-21 19:28:59 UTC 10.0 km
2.7 7km ENE of Edmond, Oklahoma 2016-01-21 18:50:55 UTC 5.0 km
3.0 8km SSE of Yucca Valley, California 2016-01-21 18:13:41 UTC 12.0 km
6.6 215km SW of Tomatlan, Mexico 2016-01-21 18:06:59 UTC 10.0 km
2.8 5km NNE of Stillwater, Oklahoma 2016-01-21 15:12:46 UTC 6.2 km
3.1 31km NNW of Valdez, Alaska 2016-01-21 14:57:46 UTC 11.3 km
5.1 41km NNE of Al Hoceima, Morocco 2016-01-21 13:47:19 UTC 10.0 km
5.2 Southwest Indian Ridge 2016-01-21 13:02:00 UTC 10.0 km
2.7 12km WSW of Medford, Oklahoma 2016-01-21 12:55:58 UTC 4.3 km
2.5 92km W of Willow, Alaska 2016-01-21 11:35:14 UTC 109.2 km
2.7 14km W of Yale, Oklahoma 2016-01-21 10:49:09 UTC 5.0 km
2.7 3km WSW of San Juan Bautista, California 2016-01-21 10:37:29 UTC 4.6 km
4.3 76km SSW of Moirai, Greece 2016-01-21 09:22:22 UTC 10.0 km
4.9 79km ESE of Ozernovskiy, Russia 2016-01-21 08:43:37 UTC 79.6 km
2.8 31km NW of Fairview, Oklahoma 2016-01-21 08:27:58 UTC 6.2 km
5.3 63km NE of L'Esperance Rock, New Zealand 2016-01-21 08:26:21 UTC 117.1 km
5.0 101km NNW of Kota Ternate, Indonesia 2016-01-21 08:16:51 UTC 109.7 km
5.1 112km S of `Ohonua, Tonga 2016-01-21 07:15:12 UTC 55.3 km
2.9 106km ENE of Cape Yakataga, Alaska 2016-01-21 06:37:49 UTC 0.0 km
4.2 36km S of El Cobre, Cuba 2016-01-21 03:09:39 UTC 10.0 km
2.8 38km NW of Willow, Alaska 2016-01-20 23:46:50 UTC 49.7 km
STOCK MARKET AND EARTHQUAKE NEWS
http://israndjer.blogspot.ca/2016/01/the-dow-was-up-27-points-tuesday.html
http://israndjer.blogspot.ca/2016/01/the-tsx-was-down-131-points-monday.html
http://israndjer.blogspot.ca/2016/01/the-dow-was-down-390-points-friday.html
http://israndjer.blogspot.ca/2016/01/weekend-quake-results-for-jan-16-17.html
http://israndjer.blogspot.ca/2016/01/the-dow-was-up-227-points-thursday.html
http://israndjer.blogspot.ca/2016/01/the-dow-was-down-364-points-wednesday.html
http://israndjer.blogspot.ca/2016/01/the-dow-was-up-117-points-tuesday.html
http://israndjer.blogspot.ca/2016/01/the-dow-was-up-52-points-monday.html
http://israndjer.blogspot.ca/2016/01/the-dow-was-down-167-points-friday.html
http://israndjer.blogspot.ca/2016/01/weekend-quake-results-for-jan-09-10.html
Chart by Stacy Jones-chart fortune
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
1 KINGS 10:13-14
13 And king Solomon gave unto the queen of Sheba all her desire, whatsoever she asked, beside that which Solomon gave her of his royal bounty. So she turned and went to her own country, she and her servants.
14 Now the weight of gold that came to Solomon in one year was six hundred threescore and six talents of gold,
GENESIS 49:16-17
16 Dan shall judge his people, as one of the tribes of Israel.
17 Dan shall be a serpent by the way, an adder in the path, that biteth the horse heels, so that his rider shall fall backward.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
BANK RELATED INFORMATION
http://israndjer.blogspot.ca/2015/09/bank-related-links.html
CURRENCIES
http://www.bloomberg.com/markets/currencies
COMMODITIES
http://www.bloomberg.com/markets/commodities
UPDATE-JANUARY 21,2016-12:00AM
DOW MARKET THURSDAY-JAN 21,2016
09:30AM-13.43
10:00AM-30.67-
10:30AM-119.20
11:00AM-103.25
11:30AM-138.96
12:00PM-212.16
12:30PM-244.42
01:00PM-217.70
01:30PM-163.71
02:00PM-174.16
02:30PM-78.61
03:00PM-132.38
03:30PM-130.31
04:00PM-115.94+ 15,882.68 - S&P +9.66 1868.89 - NASDAQ +0.37 4472.06
HIGH +247 LOW -61
TSX +192.75 12,035.86 - GOLD $-4.60 $1,101.50 - OIL $+1.21 $29.79
THE EIA CRUDE OIL INVENTORIES IS A BUILD OR UP 3.98 MILLION BARRELS.SO OIL PRICES WILL CONTINUE TO FALL.IT WILL FALL FURTHER WHEN IRAN STARTS FLOODING THE MARKET WITH THEIR MILLIONS OF BARRELS A DAY.
EIA reports 4 million-barrel rise in crude supplies-Published: Jan 21, 2016 11:09 a.m. ET-By Myra P. Saefong-Markets/commodities reporter
The U.S. Energy Information Administration reported on Thursday that crude inventories rose by 4 million barrels for the week ended Jan. 15. The American Petroleum Institute on Wednesday reported a 4.6 million-barrel climb, according to sources. Analysts polled by Platts expected supplies to be up 2.9 million barrels. Gasoline supplies climbed by 4.6 million barrels, while distillate stockpiles fell by 1 million barrels last week, according to the EIA. Oil prices initially turned lower after the supply report, then moved higher again as traders mulled the data. March crude CLH6, +3.39% was last at $28.95 a barrel on the New York Mercantile Exchange, up 60 cents, or 2.3%. Prices traded at $28.42 before the data.
EIA reports 4 million-barrel rise in crude supplies-Published: Jan 21, 2016 11:09 a.m. ET-By Myra P. Saefong-Markets/commodities reporter
The U.S. Energy Information Administration reported on Thursday that crude inventories rose by 4 million barrels for the week ended Jan. 15. The American Petroleum Institute on Wednesday reported a 4.6 million-barrel climb, according to sources. Analysts polled by Platts expected supplies to be up 2.9 million barrels. Gasoline supplies climbed by 4.6 million barrels, while distillate stockpiles fell by 1 million barrels last week, according to the EIA. Oil prices initially turned lower after the supply report, then moved higher again as traders mulled the data. March crude CLH6, +3.39% was last at $28.95 a barrel on the New York Mercantile Exchange, up 60 cents, or 2.3%. Prices traded at $28.42 before the data.
THE ECB RATES STAY UNCHANGED.AND ALSO DRAIGHI SAYS HE WILL NOT RULE OUT STIMULUS PACKAGE BAIL OUTS AGAIN AFTER MARCH 2016.
Opinion: Dow could fall 5,000 points and still not be ‘cheap’-Published: Jan 21, 2016 9:56 a.m. ET-So says a certain stock-valuation analysis-By Brett Arends-Columnist-marketwatch
Hard to believe, but the Dow Jones Industrial Average DIA, +1.15% could fall by another 1,000 to 5,000 points and still not be “cheap” compared with long-term stock-valuation measures.That’s the stark conclusion from an analysis comparing current stock prices to underlying measures such as per-share revenue, earnings and corporate net worth.And it suggests that even if we are now overdue for a short-term bounce or rally of some kind, buying heavily into the latest sell-off isn’t the kind of one-way bet that value investors crave.Stocks are certainly much cheaper than they were a few weeks ago. After the worst start to a new year in Wall Street history, the Dow Jones Industrial Average is down about 10% since Jan. 1. Small-company stocks are now deep in a bear market after falling more than 20% from last spring’s highs.But cheaper doesn’t necessarily mean cheap.Even after the sell-off, U.S. stocks are valued at around 1.4 times annual per-share revenue. FactSet says the average since 2001, when it began tracking the data, is 1.3 times revenue. So the Dow could fall another 7%, or over 1,000 points, and still be no lower than its modern-day average.And the picture looks even worse when you also add in those companies’ soaring debts. According to the Federal Reserve, nonfinancial corporations have increased their total debts since 2007 from $6.3 trillion to over $8 trillion. As FactSet says, total shares plus total debts — the so-called “enterprise value” — of U.S. public companies are now 2.4 times annual per-share revenue, compared with an average of 2.1 times since 2001.Data from the U.S. Federal Reserve, meanwhile, say U.S. nonfinancial corporate stocks are now valued at about 90% of the replacement cost of company assets, a metric known as “Tobin’s Q.” But the historic average, going back a century, is in the region of 60% of replacement costs. By this measure, stocks could fall by another third, taking the Dow all the way down toward 10,000. (On Wednesday it closed at 15,767.) Similar calculations could be reached by comparing share prices to average per-share earnings, a measure known as the cyclically adjusted price-to-earnings ratio, commonly known as CAPE, after Yale finance professor Robert Shiller, who made it famous.Even when you compare stocks to the earnings of the past 12 months, it’s hard to say they are in any kind of bargain territory.At best, depending on how you measure things, you could say they’re no longer wildly expensive.None of this means the current slump must get worse anytime soon. The only short-term cause of a market selloff is the same: more sellers than buyers. At some point more buyers appear, while some sellers pause for breath. Wednesday afternoon’s turnaround, which saw the Dow erase half of an early 500-point slump, is at least a hopeful sign.But it certainly casts a cloud over any bargain hunting. And note that these numbers only measure how far the market would have to fall to reach average levels. They do not reflect what would happen if the market did what it has done frequently in the past, and plunged back down to very cheap levels. Maybe that will never happen. Let’s hope. Because when you factor in those numbers, it’s a long way down.
How a Further Fall in China's Yuan Could Shake the World-Modeling the effects of a 10 percent drop against the dollar.-Enda Curran-Benchmark-January 21, 2016 — 11:00 AM EST-BLOOMBERG
China's weakening currency has rattled investors around the globe. How much of a threat does it pose? Oxford Economics modeled scenarios exploring a 10 percent fall in the yuan by the third quarter of 2016 and the spillover response of rival currencies.In itself, a significant move in the yuan against the dollar, if not accompanied by a growth shock in China or higher financial stress globally, would have only a minor impact on world growth and inflation.But if other exchange rates respond to yuan weakness, as they did recently, the effect suddenly becomes more substantial and differentiated.Here's how Oxford reckons this scenario would play out:Euro zone and Japanese growth would be among the hardest hit because their effective exchange rates would gain, adding deflationary pressure. That could force the European Central Bank and Bank of Japan to ramp up quantitative easing.World growth would slow to 2.4 percent, from Oxford's current forecast of 2.6 percent, and the U.S. Federal Reserve would raise interest rates only once this year. South Korea, Taiwan, and Mexico would benefit, given that their export competitiveness would be boosted by a weakening of their currencies in response to that of China.But here's the rub: China wouldn't see much of an export boost because of the moves in rival exchange rates."This finding lends credibility to the Chinese authorities’ insistence that they do not wish to engineer a competitive devaluation," said Alessandro Theiss, economist at Oxford Economics.The yuan fell to a five-year low last week, bringing its drop over the past year to more than 5 percent.The Oxford Economics analysis didn’t factor in additional financial stress alongside the yuan's weakness, something that would slow growth further. Their base case is for the yuan to fall 3.5 percent against the dollar by the third quarter, accompanied by global market volatility largely driven by the mixed signals and uncertainties coming out of China.Whatever the outcome, the People's Bank of China could do with improving transparency around its yuan intentions, former Federal Reserve Chairman Ben Bernanke said in Hong Kong on Tuesday."One of my concerns is that the PBOC hasn’t been as transparent as they usually are.”
Draghi Says ECB May Boost Stimulus in March on Global Risks-Paul Gordon-Updated on January 21, 2016 — 9:39 AM EST-BLOOMBERG
Mario Draghi said the European Central Bank may bolster stimulus in March as threats to the euro-area recovery mount. The single currency slid.“Downside risks have increased again amid heightened uncertainties about emerging-market growth prospects,” the ECB president told reporters in Frankfurt on Thursday after officials kept interest rates unchanged at record lows. “The credibility of the ECB would be harmed if we weren’t ready to revise the monetary-policy stance.”The ECB risks seeing its inflation-boosting package of negative interest rates and at least 1.5 trillion euros ($1.6 trillion) in bond purchases thwarted by a Chinese economic slowdown that threatens to cool global growth. Emphasizing the central bank’s commitment to its ultra-loose policy settings, Draghi began his statement by reverting to forward-guidance language and declaring that interest rates will “remain at present or lower levels for an extended period of time.”The ECB kept its deposit rate at minus 0.3 percent and the main refinancing rate at 0.05 percent. The president didn’t announce any adjustments to stimulus and said policy makers “didn’t want to discuss today the specifics of the instruments” that might be used.The euro slid 0.6 percent to $1.0827 at 3:37 p.m. Frankfurt time. European bonds rose and stocks extended gains.A chief concern for policy makers is that slumping oil and international financial-market turmoil is weighing on consumer prices.Brent crude has dropped almost 40 percent since the ECB’s Dec. 3 meeting, when policy makers cut the deposit rate and extended their bond-buying program until at least March 2017. Euro-area inflation was 0.2 percent last month, still far below the central bank’s goal of just under 2 percent, and core inflation excluding energy and other volatile items was 0.9 percent. Inflation expectations as measured by 5 year, 5 year forwards are slumping.“We have to take seriously that low commodity prices may actually have second-round effects that we definitely want to take action against,” Draghi said. “We have to be vigilant about that.”Draghi and his predecessor, Jean-Claude Trichet, have previously used the word “vigilant” to signal upcoming policy action.Further clues on the inflation outlook will come on Friday when the ECB is scheduled to publish its quarterly Survey of Professional Forecasters. The central bank will update its own economic projections in March and will include its first prognosis for 2018.The ECB chief noted the impact of China’s economic rebalancing, saying it is “contributing to demand-side” weakness in oil prices.The nation is going through “massive transitions,” International Monetary Fund Managing Director Christine Lagarde told a panel at the World Economic Forum on Thursday in Davos, Switzerland. More communication on the balance of payments and the exchange rate “would serve that transition better,” she said.Draghi signaled the ECB is ready to expand its quantitative-easing program, including overcoming any liquidity constraints, saying that for any instrument chosen, “we want to be absolutely confident that there are no technical limits to the size of its deployment.”He also said the return of inflation to target is more important than the impact of ultra-low rates on bank profitability, and addressed concerns that the ECB is stepping up its pressure on lenders to urgently deal with bad loans, specifically in Italy.Non-performing loans, “were fully identified and assessed by the comprehensive assessment -- there’s nothing new here,” he said. “The Single Supervisory Mechanism is is fully aware that to deal effectively with the NPLs it takes years.”
How Much Will Markets Fall? Top Investors See No Bottom Yet-John Gittelsohn-Updated on January 21, 2016 — 9:55 AM EST-BLOOMBERG
Investment managers are warning that markets probably have further to fall as China’s growth slows, oil prices plunge and central bankers lack tools to prop up economies.The Standard & Poor’s 500 Index will drop another 10 percent to 1,650 and oil could fall as low as $20 a barrel as investors flee for safety, according to Scott Minerd, chief investment officer of Guggenheim Partners. Jeffrey Rottinghaus, whose T. Rowe Price mutual fund beat 99 percent of rivals over the past year, said stock prices could fall another 10 percent as the U.S. economy slips into a mild recession."I expect a protracted decline in the S&P 500," Jeffrey Gundlach, co-founder of DoubleLine Capital, said in an e-mailed response to questions. "Investors should sell the bounce-back rally which could come at any time."The S&P 500 dropped less than 1 percent at 9:45 a.m. and is down 9.4 percent for the year. The Dow Jones Industrial Average was also little changed after falling 9.8 percent in 2016. Oil rose 6.7 percent to $28.34.“Excessive risk exposure is adding to the selling pressure,” Gundlach said. “Today’s plunge into the lows looked like a margin call liquidation type of event.”Rottinghaus, manager of the $203 million T. Rowe Price U.S. Large-Cap Core Fund, said "industrials and commodities have been in a recession for at least six months" in the U.S. “What we are trying to figure out is how much that bleeds into the consumer side of the economy," he said in an interview.-Waiting for a Catalyst-Russ Koesterich, global chief investment strategist at BlackRock Inc., said there needs to be a fundamental catalyst to signal a market bottom, whether it comes from corporate earnings, economic data or an improvement in China."You need to have some stabilization of fundamentals to give people conviction this has gone too far," Koesterich, whose firm is the world’s largest money manager, said in an interview. "Certainly you are getting closer to capitulation. The magnitude of the drop suggests that."Hedge fund manager Ray Dalio said global markets face risks to the downside as economies near the end of a long-term debt cycle. The Federal Reserve’s next move will be toward quantitative easing, rather than monetary tightening, the founder of Bridgewater Associates said in an interview with CNBC from the World Economic Forum in Davos. That won’t be easy, because rates are already so low, he said.-Risks to Downside-“When you hit zero, you can’t lower interest rates anymore,” Dalio said, according to a transcript of the interview. “That end of the long-term debt cycle is the issue that means that the risks are asymmetric on the downside because risks are comparatively high at the same time there’s not an ability to ease.”The rout in global stocks is being fueled by investors seeking to reduce leverage as central bank run out of options to prop up economies, according to Janus Capital Group Inc.’s Bill Gross.“Real economies are being levered with QEs and negative interest rates to little effect,” Gross, who manages the $1.3 billion Janus Global Unconstrained Bond Fund, said in an e-mail responding to questions from Bloomberg. “Markets sense this lack of growth potential and observe recessions beginning in major emerging-market economies.”While overseas economies are wobbling, the U.S. remains an island of stability, according to money managers such as Omar Aguilar, chief investment officer for equities at Charles Schwab Corp.-A Stable Economy-"This is a financial crisis and not an economic crisis," Aguilar said during a conference call. "The U.S. economy is stable."Data on the housing market, unemployment and government spending still support U.S. gross domestic product growth, Aguilar said. Oil markets will rise later this year when supply drops in response to current low prices, according to Mihir Worah, co-manager of the $89.9 billion Pimco Total Return Fund.“We continue to expect oil markets to balance in the second half of the year, and expect oil prices to move higher from current levels as a result,” Worah said in an e-mail. “While we aware of the risks, we still expect U.S. GDP growth to come in around 2 percent.”David Herro, manager of the $24 billion Oakmark International Fund, said low energy prices should support consumer spending, the biggest part of the U.S. economy.“I don’t think the drop in equity prices is at all warranted by economic fundamentals,” Herro wrote in an e-mail.
Opinion: Dow could fall 5,000 points and still not be ‘cheap’-Published: Jan 21, 2016 9:56 a.m. ET-So says a certain stock-valuation analysis-By Brett Arends-Columnist-marketwatch
Hard to believe, but the Dow Jones Industrial Average DIA, +1.15% could fall by another 1,000 to 5,000 points and still not be “cheap” compared with long-term stock-valuation measures.That’s the stark conclusion from an analysis comparing current stock prices to underlying measures such as per-share revenue, earnings and corporate net worth.And it suggests that even if we are now overdue for a short-term bounce or rally of some kind, buying heavily into the latest sell-off isn’t the kind of one-way bet that value investors crave.Stocks are certainly much cheaper than they were a few weeks ago. After the worst start to a new year in Wall Street history, the Dow Jones Industrial Average is down about 10% since Jan. 1. Small-company stocks are now deep in a bear market after falling more than 20% from last spring’s highs.But cheaper doesn’t necessarily mean cheap.Even after the sell-off, U.S. stocks are valued at around 1.4 times annual per-share revenue. FactSet says the average since 2001, when it began tracking the data, is 1.3 times revenue. So the Dow could fall another 7%, or over 1,000 points, and still be no lower than its modern-day average.And the picture looks even worse when you also add in those companies’ soaring debts. According to the Federal Reserve, nonfinancial corporations have increased their total debts since 2007 from $6.3 trillion to over $8 trillion. As FactSet says, total shares plus total debts — the so-called “enterprise value” — of U.S. public companies are now 2.4 times annual per-share revenue, compared with an average of 2.1 times since 2001.Data from the U.S. Federal Reserve, meanwhile, say U.S. nonfinancial corporate stocks are now valued at about 90% of the replacement cost of company assets, a metric known as “Tobin’s Q.” But the historic average, going back a century, is in the region of 60% of replacement costs. By this measure, stocks could fall by another third, taking the Dow all the way down toward 10,000. (On Wednesday it closed at 15,767.) Similar calculations could be reached by comparing share prices to average per-share earnings, a measure known as the cyclically adjusted price-to-earnings ratio, commonly known as CAPE, after Yale finance professor Robert Shiller, who made it famous.Even when you compare stocks to the earnings of the past 12 months, it’s hard to say they are in any kind of bargain territory.At best, depending on how you measure things, you could say they’re no longer wildly expensive.None of this means the current slump must get worse anytime soon. The only short-term cause of a market selloff is the same: more sellers than buyers. At some point more buyers appear, while some sellers pause for breath. Wednesday afternoon’s turnaround, which saw the Dow erase half of an early 500-point slump, is at least a hopeful sign.But it certainly casts a cloud over any bargain hunting. And note that these numbers only measure how far the market would have to fall to reach average levels. They do not reflect what would happen if the market did what it has done frequently in the past, and plunged back down to very cheap levels. Maybe that will never happen. Let’s hope. Because when you factor in those numbers, it’s a long way down.
How a Further Fall in China's Yuan Could Shake the World-Modeling the effects of a 10 percent drop against the dollar.-Enda Curran-Benchmark-January 21, 2016 — 11:00 AM EST-BLOOMBERG
China's weakening currency has rattled investors around the globe. How much of a threat does it pose? Oxford Economics modeled scenarios exploring a 10 percent fall in the yuan by the third quarter of 2016 and the spillover response of rival currencies.In itself, a significant move in the yuan against the dollar, if not accompanied by a growth shock in China or higher financial stress globally, would have only a minor impact on world growth and inflation.But if other exchange rates respond to yuan weakness, as they did recently, the effect suddenly becomes more substantial and differentiated.Here's how Oxford reckons this scenario would play out:Euro zone and Japanese growth would be among the hardest hit because their effective exchange rates would gain, adding deflationary pressure. That could force the European Central Bank and Bank of Japan to ramp up quantitative easing.World growth would slow to 2.4 percent, from Oxford's current forecast of 2.6 percent, and the U.S. Federal Reserve would raise interest rates only once this year. South Korea, Taiwan, and Mexico would benefit, given that their export competitiveness would be boosted by a weakening of their currencies in response to that of China.But here's the rub: China wouldn't see much of an export boost because of the moves in rival exchange rates."This finding lends credibility to the Chinese authorities’ insistence that they do not wish to engineer a competitive devaluation," said Alessandro Theiss, economist at Oxford Economics.The yuan fell to a five-year low last week, bringing its drop over the past year to more than 5 percent.The Oxford Economics analysis didn’t factor in additional financial stress alongside the yuan's weakness, something that would slow growth further. Their base case is for the yuan to fall 3.5 percent against the dollar by the third quarter, accompanied by global market volatility largely driven by the mixed signals and uncertainties coming out of China.Whatever the outcome, the People's Bank of China could do with improving transparency around its yuan intentions, former Federal Reserve Chairman Ben Bernanke said in Hong Kong on Tuesday."One of my concerns is that the PBOC hasn’t been as transparent as they usually are.”
Draghi Says ECB May Boost Stimulus in March on Global Risks-Paul Gordon-Updated on January 21, 2016 — 9:39 AM EST-BLOOMBERG
Mario Draghi said the European Central Bank may bolster stimulus in March as threats to the euro-area recovery mount. The single currency slid.“Downside risks have increased again amid heightened uncertainties about emerging-market growth prospects,” the ECB president told reporters in Frankfurt on Thursday after officials kept interest rates unchanged at record lows. “The credibility of the ECB would be harmed if we weren’t ready to revise the monetary-policy stance.”The ECB risks seeing its inflation-boosting package of negative interest rates and at least 1.5 trillion euros ($1.6 trillion) in bond purchases thwarted by a Chinese economic slowdown that threatens to cool global growth. Emphasizing the central bank’s commitment to its ultra-loose policy settings, Draghi began his statement by reverting to forward-guidance language and declaring that interest rates will “remain at present or lower levels for an extended period of time.”The ECB kept its deposit rate at minus 0.3 percent and the main refinancing rate at 0.05 percent. The president didn’t announce any adjustments to stimulus and said policy makers “didn’t want to discuss today the specifics of the instruments” that might be used.The euro slid 0.6 percent to $1.0827 at 3:37 p.m. Frankfurt time. European bonds rose and stocks extended gains.A chief concern for policy makers is that slumping oil and international financial-market turmoil is weighing on consumer prices.Brent crude has dropped almost 40 percent since the ECB’s Dec. 3 meeting, when policy makers cut the deposit rate and extended their bond-buying program until at least March 2017. Euro-area inflation was 0.2 percent last month, still far below the central bank’s goal of just under 2 percent, and core inflation excluding energy and other volatile items was 0.9 percent. Inflation expectations as measured by 5 year, 5 year forwards are slumping.“We have to take seriously that low commodity prices may actually have second-round effects that we definitely want to take action against,” Draghi said. “We have to be vigilant about that.”Draghi and his predecessor, Jean-Claude Trichet, have previously used the word “vigilant” to signal upcoming policy action.Further clues on the inflation outlook will come on Friday when the ECB is scheduled to publish its quarterly Survey of Professional Forecasters. The central bank will update its own economic projections in March and will include its first prognosis for 2018.The ECB chief noted the impact of China’s economic rebalancing, saying it is “contributing to demand-side” weakness in oil prices.The nation is going through “massive transitions,” International Monetary Fund Managing Director Christine Lagarde told a panel at the World Economic Forum on Thursday in Davos, Switzerland. More communication on the balance of payments and the exchange rate “would serve that transition better,” she said.Draghi signaled the ECB is ready to expand its quantitative-easing program, including overcoming any liquidity constraints, saying that for any instrument chosen, “we want to be absolutely confident that there are no technical limits to the size of its deployment.”He also said the return of inflation to target is more important than the impact of ultra-low rates on bank profitability, and addressed concerns that the ECB is stepping up its pressure on lenders to urgently deal with bad loans, specifically in Italy.Non-performing loans, “were fully identified and assessed by the comprehensive assessment -- there’s nothing new here,” he said. “The Single Supervisory Mechanism is is fully aware that to deal effectively with the NPLs it takes years.”
How Much Will Markets Fall? Top Investors See No Bottom Yet-John Gittelsohn-Updated on January 21, 2016 — 9:55 AM EST-BLOOMBERG
Investment managers are warning that markets probably have further to fall as China’s growth slows, oil prices plunge and central bankers lack tools to prop up economies.The Standard & Poor’s 500 Index will drop another 10 percent to 1,650 and oil could fall as low as $20 a barrel as investors flee for safety, according to Scott Minerd, chief investment officer of Guggenheim Partners. Jeffrey Rottinghaus, whose T. Rowe Price mutual fund beat 99 percent of rivals over the past year, said stock prices could fall another 10 percent as the U.S. economy slips into a mild recession."I expect a protracted decline in the S&P 500," Jeffrey Gundlach, co-founder of DoubleLine Capital, said in an e-mailed response to questions. "Investors should sell the bounce-back rally which could come at any time."The S&P 500 dropped less than 1 percent at 9:45 a.m. and is down 9.4 percent for the year. The Dow Jones Industrial Average was also little changed after falling 9.8 percent in 2016. Oil rose 6.7 percent to $28.34.“Excessive risk exposure is adding to the selling pressure,” Gundlach said. “Today’s plunge into the lows looked like a margin call liquidation type of event.”Rottinghaus, manager of the $203 million T. Rowe Price U.S. Large-Cap Core Fund, said "industrials and commodities have been in a recession for at least six months" in the U.S. “What we are trying to figure out is how much that bleeds into the consumer side of the economy," he said in an interview.-Waiting for a Catalyst-Russ Koesterich, global chief investment strategist at BlackRock Inc., said there needs to be a fundamental catalyst to signal a market bottom, whether it comes from corporate earnings, economic data or an improvement in China."You need to have some stabilization of fundamentals to give people conviction this has gone too far," Koesterich, whose firm is the world’s largest money manager, said in an interview. "Certainly you are getting closer to capitulation. The magnitude of the drop suggests that."Hedge fund manager Ray Dalio said global markets face risks to the downside as economies near the end of a long-term debt cycle. The Federal Reserve’s next move will be toward quantitative easing, rather than monetary tightening, the founder of Bridgewater Associates said in an interview with CNBC from the World Economic Forum in Davos. That won’t be easy, because rates are already so low, he said.-Risks to Downside-“When you hit zero, you can’t lower interest rates anymore,” Dalio said, according to a transcript of the interview. “That end of the long-term debt cycle is the issue that means that the risks are asymmetric on the downside because risks are comparatively high at the same time there’s not an ability to ease.”The rout in global stocks is being fueled by investors seeking to reduce leverage as central bank run out of options to prop up economies, according to Janus Capital Group Inc.’s Bill Gross.“Real economies are being levered with QEs and negative interest rates to little effect,” Gross, who manages the $1.3 billion Janus Global Unconstrained Bond Fund, said in an e-mail responding to questions from Bloomberg. “Markets sense this lack of growth potential and observe recessions beginning in major emerging-market economies.”While overseas economies are wobbling, the U.S. remains an island of stability, according to money managers such as Omar Aguilar, chief investment officer for equities at Charles Schwab Corp.-A Stable Economy-"This is a financial crisis and not an economic crisis," Aguilar said during a conference call. "The U.S. economy is stable."Data on the housing market, unemployment and government spending still support U.S. gross domestic product growth, Aguilar said. Oil markets will rise later this year when supply drops in response to current low prices, according to Mihir Worah, co-manager of the $89.9 billion Pimco Total Return Fund.“We continue to expect oil markets to balance in the second half of the year, and expect oil prices to move higher from current levels as a result,” Worah said in an e-mail. “While we aware of the risks, we still expect U.S. GDP growth to come in around 2 percent.”David Herro, manager of the $24 billion Oakmark International Fund, said low energy prices should support consumer spending, the biggest part of the U.S. economy.“I don’t think the drop in equity prices is at all warranted by economic fundamentals,” Herro wrote in an e-mail.
Greece considered parallel currency, Varoufakis confirms-By EUOBSERVER-JAN 20,16
Today, 09:15-Greece's former finance minister, Yannis Varoufakis, confirmed on Tuesday in a Skai TV interview that he was instructed last year by prime minister Alexis Tsipras to draw up a Plan X for introducing a parallel currency in case Greece failed to agree a bailout deal.
Danish beaches drop the EU blue flag-By EUOBSERVER-JAN 20,16
Today, 09:14-Five Danish municipalities won't flag the EU's blue flag any more despite water quality at their beaches being fully up to the standards, reports Danmarks Radio. The rules are considered bureaucratic and expensive but in particular a ban on dog bathing at blue flag beaches is very unpopular.
Russian ruble hits all-time low against dollar-AFP By Anna Smolchenko-JAN 20,16-YAHOONEWS
Moscow (AFP) - The ruble hit a historic low on Wednesday as the dollar climbed past the 82 ruble mark for the first time, exceeding the levels seen during the shock plunge of the Russian currency in December 2014.After a day of relative calm, the ruble resumed its downward spiral as oil prices struck fresh 12-year lows, breaking through the previous record low of 80.1 rubles to the dollar it hit on December 16, 2014.The ruble also weakened past 90 against the euro, its lowest level since December 2014.As gas and oil account for more than a half of Russian budget revenues, the collapse in global energy prices has quickly led to pressure on the currency.The Russian central bank said Wednesday it wasn't considering hiking interest rates to halt the slump in the value of the ruble as it did in December 2014, when it pushed its interest rate to 17 percent in a dramatic midnight move."Currently the adjustment of the market value is happening rather smoothly," the Bank of Russia said in a statement, adding the ruble's weakening had an "objective character" because of the country's dependence on energy exports.But the worsening economic outlook presents a serious challenge for President Vladimir Putin, whose popularity with voters has been based on years of economic stability and relative prosperity.So far Kremlin strongman has largely made light of the economic crisis and has pointed out that a weaker ruble opens up new opportunities for Russia.He joked about seeing so many government officials at a meeting on Wednesday, the same day the World Economic Forum of global business and political elites opened in the Swiss ski resort of Davos."They used to go there with great pleasure but are not going now. Apparently, they don't have enough money for the tickets," he said with a smile.But the crisis has had a much wider impact than on the travel budget of Russian officials.Low oil prices have complicated the government's ability to meet its social spending commitments, while the eroding value of the ruble makes it more difficult for ordinary Russians to buy imported food and goods.- 'Harder life' -"Even an ordinary person already understands -- if the ruble falls, prices will grow and life will become harder," said Igor Nikolayev, director of the FBK Grant Thornton Institute of Strategic Analysis.While Prime Minister Dmitry Medvedev has said that the government will seek to honour its social obligations, he said it will have to "considerably cut" other spending.The outlook for the Russian economy is darkening. The International Monetary Fund on Tuesday downgraded its forecast for Russia, predicting that the country's economy would contract by 1 percent this year.The IMF warned that slower Chinese growth, a stronger US dollar and the collapse in oil prices could all wreak further havoc in struggling economies like Russia's."The market will be generally driven by global economic sentiment, which does not exactly look hopeful at the moment," said analysts at Alfa Bank.Western sanctions over the Kremlin's support for the separatist insurgency in Ukraine have all but closed access to foreign borrowing for Russia and exacerbated the crisis.Moscow's economic sanctions against Turkey over the downing of a Russian bomber at the Syrian border in November has further complicated matters.Polls and anecdotal evidence show that average Russians have begun saving on food purchases.Isolated protests have over the past few months been reported in several cities over the planned cancellation of social benefits and companies failing to pay wages on time.But analysts say that economic hardships have not yet translated into widespread discontent with the Kremlin and many appear to take it on the chin.Vera Larionova, a 52-year-old Muscovite, said she was not depressed by the falling ruble."Priorities are important. If our love for the man is greater than our love for the money then there's a chance we'll survive," she told AFP.
Equities whacked by oil tumble; bear confirmation nears-Reuters By Chuck Mikolajczak-JAN 20,16-YAHOONEWS
NEW YORK (Reuters) - Global equity markets dropped to their lowest levels in 2-1/2 years on Wednesday to put them on pace for one of the most dismal monthly performances on record, as oil once again tumbled to 13-year lows.The MSCI World equity index <.MIWD00000PUS> slumped 3.4 percent to its lowest level since June 2013. The index has already dropped 11.1 percent in January, which if sustained would be the worst monthly loss since October 2008, the month after Lehman Brothers went bankrupt.The declines left the index down 20.5 percent from its high on May 22, confirming a bear market on an intraday basis, generally defined as a drop of more than 20 percent.Wall Street tumbled more than 3 percent, with each of the 10 major S&P sectors down more than 2 percent, led lower by a drop of almost 6 percent in the energy <.SPNY> sector. Nearly 200 stocks in the benchmark S&P were down 20 percent or more from their 52-week high.The Dow Jones industrial average <.DJI> fell 502.56 points, or 3.14 percent, to 15,513.46, the S&P 500 <.SPX> lost 59.34 points, or 3.15 percent, to 1,821.99 and the Nasdaq Composite <.IXIC> dropped 126.79 points, or 2.83 percent, to 4,350.16.There have been steeper monthly drops only three times in the MSCI World index's 28-year history, two of which occurred during the financial crisis in 2008."The damage being done in energy is spreading," said Brian Fenske, head of sales trading at ITG in New York."Just getting up every morning and seeing the S&P futures down 1 to 2 percent has a near-term psychological impact and puts some investors into risk-off mode," Fenske said.U.S. crude plunged to a low of $26.30, its lowest since May 2003 after the International Energy Agency warned the market could "drown in oversupply." WTI was last off 6.6 percent to $26.59 while Brent crude lost 4.8 percent, to $27.38.European shares closed at their lowest level since October 2014, with the FTSEurofirst 300 <.FTEU3> down 3.3 percent, to notch its biggest single-session decline in six weeks.France's CAC <.FCHI> and Britain's FTSE <.FTSE> both tumbled more than 3 percent for their worst session declines of the year and Germany's DAX <.GDAXI> lost 2.8, for its worst daily drop since the first trading day of 2016.Another key commodity, copper , slipped 1.1 percent, driving falls of 5.2 and 5.1 percent respectively in Europe's basic resources <.SXPP> and energy <.SXEP> sectors.Oil shares in Europe are down more than 14 percent already this year and at their lowest levels since March 2003. That has been a major weight on the FTSEurofirst 300, which is down nearly 12 percent in 2016 and more than 23 percent from its high in April.The Nikkei share average <.N225> shed 3.7 percent to its lowest close since Oct. 24, 2014.The safe-haven yen climbed as risk appetite soured, dragging the dollar to a one-year low, as investors trimmed the chances of more tightening by the Federal Reserve. The U.S. currency was down 1 percent at 116.44 yen after hitting a session low of 115.96 yen.While the dollar fell against the yen, it was strong against emerging market currencies, compounding the misery for many countries already suffering from low oil prices.Demand for U.S. bonds, another asset sought in times of uncertainty, was high, with yields on benchmark 10-year Treasury notes down to 1.9477 percent, after falling as low as 1.93 percent, up 25/32 in price.(Additional reporting by Abhiram Nandakumar; Editing by Nick Zieminski)
EARTHQUAKES
EZEKIEL 37:7,11-14
7 So I prophesied as I was commanded: and as I prophesied, there was a noise, and behold a shaking, and the bones came together, bone to his bone.(POSSIBLE QUAKE BRINGS ISRAEL BACK TO LIFE-SO NOISE AND SHAKING-QUAKES WILL ALSO DESTROY ISRAELS ENEMIES)
11 Then he said unto me, Son of man, these bones are the whole house of Israel: behold, they say, Our bones are dried, and our hope is lost: we are cut off for our parts.
12 Therefore prophesy and say unto them, Thus saith the Lord GOD; Behold, O my people, I will open your graves, and cause you to come up out of your graves, and bring you into the land of Israel.
13 And ye shall know that I am the LORD, when I have opened your graves, O my people, and brought you up out of your graves,
14 And shall put my spirit in you, and ye shall live, and I shall place you in your own land: then shall ye know that I the LORD have spoken it, and performed it, saith the LORD.
MATTHEW 24:7-8
7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
8 All these are the beginning of sorrows.
MARK 13:8
8 For nation shall rise against nation, and kingdom against kingdom:(ETHNIC GROUP AGAINST ETHNIC GROUP) and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.
LUKE 21:11
11 And great earthquakes shall be in divers places,(DIFFERNT PLACES AT THE SAME TIME) and famines, and pestilences; and fearful sights and great signs shall there be from heaven.
UPDATE-JANUARY 21, 2016-12:00PM
1 Day, Magnitude 2.5+ Worldwide
28 earthquakes - DownloadUpdated: 2016-01-21 23:59:16 UTCShowing event times using UTC28 earthquakes in map area
4.2 71km SSE of Nikolski, Alaska 2016-01-21 23:57:35 UTC 41.4 km
2.7 27km N of Warm Springs, Nevada 2016-01-21 23:29:49 UTC 0.0 km
4.6 47km NE of Rota, Northern Mariana Islands 2016-01-21 22:58:47 UTC 90.6 km
2.9 63km WSW of Anchor Point, Alaska 2016-01-21 22:36:44 UTC 94.4 km
2.6 8km WSW of Ludlow, California 2016-01-21 22:33:27 UTC 1.7 km
3.1 21km W of Medford, Oklahoma 2016-01-21 21:05:04 UTC 6.7 km
2.7 7km SSW of Lathrop, California 2016-01-21 21:04:52 UTC 17.6 km
5.0 227km SE of Sarangani, Philippines 2016-01-21 20:10:38 UTC 10.0 km
4.8 58km SE of Lar, Iran 2016-01-21 19:28:59 UTC 10.0 km
2.7 7km ENE of Edmond, Oklahoma 2016-01-21 18:50:55 UTC 5.0 km
3.0 8km SSE of Yucca Valley, California 2016-01-21 18:13:41 UTC 12.0 km
6.6 215km SW of Tomatlan, Mexico 2016-01-21 18:06:59 UTC 10.0 km
2.8 5km NNE of Stillwater, Oklahoma 2016-01-21 15:12:46 UTC 6.2 km
3.1 31km NNW of Valdez, Alaska 2016-01-21 14:57:46 UTC 11.3 km
5.1 41km NNE of Al Hoceima, Morocco 2016-01-21 13:47:19 UTC 10.0 km
5.2 Southwest Indian Ridge 2016-01-21 13:02:00 UTC 10.0 km
2.7 12km WSW of Medford, Oklahoma 2016-01-21 12:55:58 UTC 4.3 km
2.5 92km W of Willow, Alaska 2016-01-21 11:35:14 UTC 109.2 km
2.7 14km W of Yale, Oklahoma 2016-01-21 10:49:09 UTC 5.0 km
2.7 3km WSW of San Juan Bautista, California 2016-01-21 10:37:29 UTC 4.6 km
4.3 76km SSW of Moirai, Greece 2016-01-21 09:22:22 UTC 10.0 km
4.9 79km ESE of Ozernovskiy, Russia 2016-01-21 08:43:37 UTC 79.6 km
2.8 31km NW of Fairview, Oklahoma 2016-01-21 08:27:58 UTC 6.2 km
5.3 63km NE of L'Esperance Rock, New Zealand 2016-01-21 08:26:21 UTC 117.1 km
5.0 101km NNW of Kota Ternate, Indonesia 2016-01-21 08:16:51 UTC 109.7 km
5.1 112km S of `Ohonua, Tonga 2016-01-21 07:15:12 UTC 55.3 km
2.9 106km ENE of Cape Yakataga, Alaska 2016-01-21 06:37:49 UTC 0.0 km
4.2 36km S of El Cobre, Cuba 2016-01-21 03:09:39 UTC 10.0 km
2.8 38km NW of Willow, Alaska 2016-01-20 23:46:50 UTC 49.7 km
STOCK MARKET AND EARTHQUAKE NEWS
http://israndjer.blogspot.ca/2016/01/the-dow-was-up-27-points-tuesday.html
http://israndjer.blogspot.ca/2016/01/the-tsx-was-down-131-points-monday.html
http://israndjer.blogspot.ca/2016/01/the-dow-was-down-390-points-friday.html
http://israndjer.blogspot.ca/2016/01/weekend-quake-results-for-jan-16-17.html
http://israndjer.blogspot.ca/2016/01/the-dow-was-up-227-points-thursday.html
http://israndjer.blogspot.ca/2016/01/the-dow-was-down-364-points-wednesday.html
http://israndjer.blogspot.ca/2016/01/the-dow-was-up-117-points-tuesday.html
http://israndjer.blogspot.ca/2016/01/the-dow-was-up-52-points-monday.html
http://israndjer.blogspot.ca/2016/01/the-dow-was-down-167-points-friday.html
http://israndjer.blogspot.ca/2016/01/weekend-quake-results-for-jan-09-10.html
