Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-57584 Fri, 28 Aug 2015 14:05:15 GMT Market turmoil shouldn't delay at least one Fed rate hike: Bullard http://implode-explode.com/viewnews/2015-08-28_MarketturmoilshouldntdelayatleastoneFedratehikeBullard.html iehi-feed-57582 Fri, 28 Aug 2015 13:54:56 GMT "We're Seeing the Beginning of a Liquidity Crisis" in the Startup Boom, Suddenly http://implode-explode.com/viewnews/2015-08-28_WereSeeingtheBeginningofaLiquidityCrisisintheStartupBoomSuddenly.html The stock market, after going nowhere for a year and then jumping up and down like mad, might actually, after all these years, give up its bullish ghost and head south. That would imperil the entire startup scene. It happens after every boom.

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If the market keeps declining, companies that have quickly spent initial investments will feel the most pain. Such corners of the start-up world include app companies that provide services such as assistants and food with a tap of a smartphone. The start-up tracking firm CB Insights recently identified 12 on-demand food delivery companies, some of which have launched in several cities, that "might be at risk of overextending themselves in the race to gain market share in the top metros."

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iehi-feed-57581 Fri, 28 Aug 2015 01:41:37 GMT China's Central Bank Won't Do Beijing's Dirty Work http://implode-explode.com/viewnews/2015-08-27_ChinasCentralBankWontDoBeijingsDirtyWork.html iehi-feed-57580 Fri, 28 Aug 2015 01:40:20 GMT Oil Industry Needs Half a Trillion Dollars to Endure Price Slump http://implode-explode.com/viewnews/2015-08-27_OilIndustryNeedsHalfaTrillionDollarstoEndurePriceSlump.html iehi-feed-57579 Fri, 28 Aug 2015 01:37:32 GMT The U.S. Is Short on Options to Confront Next Crisis http://implode-explode.com/viewnews/2015-08-27_TheUSIsShortonOptionstoConfrontNextCrisis.html iehi-feed-57577 Thu, 27 Aug 2015 22:33:51 GMT Stock-Market Tumult Exposes Flaws in Modern Markets http://implode-explode.com/viewnews/2015-08-27_StockMarketTumultExposesFlawsinModernMarkets.html Many traders reported difficulty buying and selling exchange-traded funds, a popular investment in which baskets of stocks and other assets are packaged to facilitate easy trading. Dozens of ETFs traded at sharp discounts to their net asset value--or their components' worth--leading to outsize losses for investors who entered sell orders at the depth of the panic.

Products built to provide insurance for investors came up short. As a result of trading halts in futures tied to the S&P 500 index, it was difficult for investors to get consistent prices on contracts linked to them that offer insurance against S&P 500 declines.

Elsewhere, the value of the most widely tracked Wall Street gauge of investor anxiety, the CBOE Volatility Index, or VIX, wasn't published until almost 10 a.m. Monday, half an hour after stock trading began and after the Dow Jones Industrial Average had already posted its largest-ever intraday point decline. That made it difficult for investors to easily gauge the fear in the market.

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Circuit breakers, which are designed to pause trading in single stocks and ETFs during big moves, were triggered nearly 1,300 times Monday. The circuit breakers were added to make markets more orderly after the May 2010 "flash crash," when the Dow Jones Industrial Average dropped nearly 1,000 points before quickly recovering.

But Monday, they sometimes exacerbated problems by preventing prices from returning to normal levels quickly, according to traders, investors and market observers.

For example, the $2.5 billion Vanguard Consumer Staples Index ETF and the $5.8 billion Vanguard Health Care Index ETF both plunged 32% within the opening minutes of trading. The Vanguard Consumer Staples ETF was halted six times over the course of 37 minutes early in the day, according to trading records. The health-care ETF was halted eight times Monday.

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iehi-feed-57576 Thu, 27 Aug 2015 22:30:45 GMT China's workers abandon the city as Beijing faces an economic storm http://implode-explode.com/viewnews/2015-08-27_ChinasworkersabandonthecityasBeijingfacesaneconomicstorm.html "Now it is going all downhill. I think that from here on in we see a sharp depreciation of the renminbi, we see an acceleration of credit -- but not actually having any effect on the economy -- and consequently you probably get inflation domestically and then a burst in unemployment and all sorts of nasty things."

"The slowdown is really bad. It's not a slowdown; it is a crash and this is going to accelerate and get worse," added Stevenson-Yang, the author of China Alone: The Emergence from and Potential Return to Isolation.''

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Nor was social upheaval the party's only concern. "The fear has to be ... that party stability is on the line if the economy doesn't work."

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iehi-feed-57575 Thu, 27 Aug 2015 22:25:15 GMT Worst decline in world trade in 6yrs -- report http://implode-explode.com/viewnews/2015-08-27_Worstdeclineinworldtradein6yrsreport.html iehi-feed-57574 Thu, 27 Aug 2015 22:23:28 GMT Yanis Varoufakis pushes for pan-European network to fight austerity http://implode-explode.com/viewnews/2015-08-27_YanisVaroufakispushesforpanEuropeannetworktofightausterity.html iehi-feed-57573 Thu, 27 Aug 2015 22:16:19 GMT Stock market surges on "Dudley Bounce" http://implode-explode.com/viewnews/2015-08-27_StockmarketsurgesonDudleyBounce.html iehi-feed-57572 Thu, 27 Aug 2015 17:07:07 GMT Consumer Metrics Institute: BEA 2nd Quarter 2015 GDP Growth Figure Rests on Questionable GDP Deflator http://implode-explode.com/viewnews/2015-08-27_ConsumerMetricsInstituteBEA2ndQuarter2015GDPGrowthFigureRestsonQ.html iehi-feed-57571 Thu, 27 Aug 2015 15:49:49 GMT Russia Refuses To Participate In Ukraine Debt Restructuring http://implode-explode.com/viewnews/2015-08-27_RussiaRefusesToParticipateInUkraineDebtRestructuring.html iehi-feed-57570 Thu, 27 Aug 2015 14:50:39 GMT September Rate Hike Back On Table? Q2 GDP Soars In Revision From 2.3% To 3.7% Driven By Record Inventory Build http://implode-explode.com/viewnews/2015-08-27_SeptemberRateHikeBackOnTableQ2GDPSoarsInRevisionFrom23To37Driven.html iehi-feed-57569 Thu, 27 Aug 2015 14:39:30 GMT It's Official: China Confirms It Has Begun Liquidating Treasuries, Warns Washington http://implode-explode.com/viewnews/2015-08-27_ItsOfficialChinaConfirmsItHasBegunLiquidatingTreasuriesWarnsWash.html China has cut its holdings of U.S. Treasuries this month to raise dollars needed to support the yuan in the wake of a shock devaluation two weeks ago, according to people familiar with the matter.

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"It would change the outlook on Treasuries quite a bit if you started to price in a fairly large liquidation of their reserves over the next six months or so as they manage the yuan to whatever level they have in mind."

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"By selling Treasuries to defend the renminbi, they're preventing Treasury yields from going lower despite the fact that we've seen a sharp drop in the stock market," David Woo, head of global rates and currencies research at Bank of America Corp., said on Bloomberg Television on Wednesday.

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iehi-feed-57568 Wed, 26 Aug 2015 19:54:36 GMT Plunge Protection Team Losing Control of Markets; In Beginnings of "Great Reset"-Jim Sinclair http://implode-explode.com/viewnews/2015-08-26_PlungeProtectionTeamLosingControlofMarketsInBeginningsofGreatRes.html iehi-feed-57567 Wed, 26 Aug 2015 19:32:02 GMT 50 bodies found in ship's hull as migrant wave inundates Europe http://implode-explode.com/viewnews/2015-08-26_50bodiesfoundinshipshullasmigrantwaveinundatesEurope.html Tuesday saw another record number of arrivals who Budapest officials consider illegal, with 2,533 detained, up from the former record on Monday of 2,093. Hungary has counted more than 160,000 migrants so far this year, about four times the number in all of 2015.

Lawmakers of Fidesz, a right-wing party headed by Prime Minister Viktor Orban, called for deployment of soldiers, helicopters and patrol dogs to the border to be discussed at a parliamentary session next week.

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iehi-feed-57565 Wed, 26 Aug 2015 16:46:10 GMT China's Journey from New Normal to Stock Market Crisis Epicenter http://implode-explode.com/viewnews/2015-08-26_ChinasJourneyfromNewNormaltoStockMarketCrisisEpicenter.html iehi-feed-57564 Wed, 26 Aug 2015 14:21:37 GMT Art Collectors Were Busy Looking for Liquidity During Market Rout http://implode-explode.com/viewnews/2015-08-26_ArtCollectorsWereBusyLookingforLiquidityDuringMarketRout.html iehi-feed-57563 Wed, 26 Aug 2015 14:16:49 GMT Delamaide: Fed role murky amid market chaos http://implode-explode.com/viewnews/2015-08-26_DelamaideFedrolemurkyamidmarketchaos.html iehi-feed-57562 Wed, 26 Aug 2015 01:36:44 GMT Devaluation Stunner: China Has Dumped $100 Billion In Treasurys In The Past Two Weeks http://implode-explode.com/viewnews/2015-08-25_DevaluationStunnerChinaHasDumped100BillionInTreasurysInThePastTw.html