During the first nine weeks of 2016, total proceeds raised by U.S. initial public offerings (IPOs) have declined 88% year-over-year to $0.5 billion vs. $4.26 billion in the first nine weeks of 2015. It is important to also keep in mind that the $4.26 billion raised by U.S. IPOs in the first nine weeks of 2015, was already down 45% vs. the first nine weeks of 2014 when U.S. IPOs raised $7.81 billion. Compared to 2014, the U.S. IPO market has collapsed by 93.6%!
Even during the first nine weeks of 2009 at the peak of the U.S. financial crisis, proceeds raised by U.S. IPOs only declined 86% year-over-year to $0.7 billion. If the U.S. IPO market was better off during the 2009 financial crisis than it is in 2016, it is a clear warning sign that a global economic depression is ahead!
Although Wall Street is pointing towards this year's depressed IPO market as a sign that stocks have bottomed, just like they bottomed in early 2009 - there is one major "night and day" difference between today and 2009. During the first nine weeks of 2009, 100% of all U.S. IPOs were profitable. So far in 2016, 100% of all U.S. IPOs have been money losing companies.
Historically, every time the U.S. stock market has bottomed, the majority of IPOs have always been profitable. When the majority of IPOs are money losing companies, the stock market always crashes shortly afterwards. See for yourself by clicking here!
Prior to 2016, the majority of U.S. IPOs have been money losing companies for a record three consecutive full calendar years. From 2013 through 2015, there were a total of 481 U.S. IPOs with only 151 or 31% being profitable.
This is very similar to the three year period of 1998 through 2000, when there were a total of 1,139 U.S. IPOs with only 342 or 30% being profitable. Over the following two years, the S&P 500 lost 46.3% of its value. When the S&P 500 finally bottomed in late-2002, 55% of U.S. IPOs were profitable.
Even if Donald Trump is elected President, nothing is going to stop the U.S. stock market from crashing and prevent the economy from entering into a depression. Trump is the only remaining candidate who has a good understanding of the U.S. economy and the Federal Reserve's role of blowing up bubbles. Recently, Trump spoke the truth when he said in an interview, "Janet Yellen for political reasons is keeping interest rates so low that the next guy or person who takes over as president could have a real problem." Trump then added, "We're in a bubble and, you know, frankly if there's going to be a bubble popping, I hope they pop before I become president because I don't want to inherit all this stuff. I'd rather it be the day before rather than the day after, I will tell you that."
Even during the first nine weeks of 2009 at the peak of the U.S. financial crisis, proceeds raised by U.S. IPOs only declined 86% year-over-year to $0.7 billion. If the U.S. IPO market was better off during the 2009 financial crisis than it is in 2016, it is a clear warning sign that a global economic depression is ahead!
Although Wall Street is pointing towards this year's depressed IPO market as a sign that stocks have bottomed, just like they bottomed in early 2009 - there is one major "night and day" difference between today and 2009. During the first nine weeks of 2009, 100% of all U.S. IPOs were profitable. So far in 2016, 100% of all U.S. IPOs have been money losing companies.
Historically, every time the U.S. stock market has bottomed, the majority of IPOs have always been profitable. When the majority of IPOs are money losing companies, the stock market always crashes shortly afterwards. See for yourself by clicking here!
Prior to 2016, the majority of U.S. IPOs have been money losing companies for a record three consecutive full calendar years. From 2013 through 2015, there were a total of 481 U.S. IPOs with only 151 or 31% being profitable.
This is very similar to the three year period of 1998 through 2000, when there were a total of 1,139 U.S. IPOs with only 342 or 30% being profitable. Over the following two years, the S&P 500 lost 46.3% of its value. When the S&P 500 finally bottomed in late-2002, 55% of U.S. IPOs were profitable.
Even if Donald Trump is elected President, nothing is going to stop the U.S. stock market from crashing and prevent the economy from entering into a depression. Trump is the only remaining candidate who has a good understanding of the U.S. economy and the Federal Reserve's role of blowing up bubbles. Recently, Trump spoke the truth when he said in an interview, "Janet Yellen for political reasons is keeping interest rates so low that the next guy or person who takes over as president could have a real problem." Trump then added, "We're in a bubble and, you know, frankly if there's going to be a bubble popping, I hope they pop before I become president because I don't want to inherit all this stuff. I'd rather it be the day before rather than the day after, I will tell you that."
Click here to check out NIA's shocking charts of everything discussed above! Be sure to share your opinion with other NIA members by commenting on this article!
CONSIDERATIONS REGARDING THE RMB 6. A growing number of monetary authorities are holding RMB-denominated assets as reserves. In late 2014/early 2015 staff consulted the membership through the triennial survey of currencies held as reserve assets for end-Q1 2014.2 The survey results indicated that the number of countries holding RMB had increased since the previous survey in 2011/12, to a level that was similar to the number of countries holding Swiss francs, a currency separately identified in the COFER survey, and ahead of all currencies not separately identified in the COFER survey. 1 At end-September 2015 the COFER survey covered around 59 percent of total foreign exchange holdings. 2 This survey and the intent to conduct the survey again in around three years was described in Annex III of the Executive Board paper Review of Data Provision to the Fund for Surveillance Purposes, (August 28, 2012).
SEPARATE IDENTIFICATION OF THE CHINESE RENMINBI IN THE COFER SURVEY INTERNATIONAL MONETARY FUND 6 7. On November 30, 2015, the Executive Board determined the RMB to be a freely usable currency, effective October 1, 2016, and decided to include the RMB in the SDR basket as of that date.3 The Executive Board underscored at that time the importance of making efforts to address remaining data gaps, including in the currency coverage of the COFER survey, ahead of the next SDR review.4 8. The Board also concluded that the substantial recent reforms that have supported the internationalization of the RMB would facilitate its use in Fund operations. In particular, market access was seen as sufficient to allow Fund members, their agents, and other SDR users to perform Fund-related and reserve management operations in RMB without substantial impediments.5 As such, in the view of staff, RMB-denominated assets can be considered readily available for meeting balance of payments financing needs as required by the BPM6 concept of reserve assets. 9. Against this background, staff intends to separately identify the RMB, in addition to the currently identified currencies, beginning with the COFER survey for the fourth quarter of 2016.6 The request for COFER data for end-December 2016 will be sent to the reporting countries during the first half of January 2017 and the survey results disseminated at end-March 2017.
Will Russia End Up Controlling 73% of Global Oil Supply? - Rakesh Upadhyay - https://finance.yahoo.com/news/russia-end-controlling-73-global-000000179.html
Russia has played a master stroke in the current oil crisis by taking the lead in forming a new cartel, but it's a move that could spell geopolitical disaster.
The meeting between Russia, Qatar, Saudi Arabia and Venezuela on 16 February 2016 was the first step. During the next meeting in mid-March, which is with a larger group of participants, if Russia manages to build a consensus-however small-it will further strengthen its leadership position.
Until the current oil crisis, Saudi Arabia called the crude oil price shots; however, its clout has been weakening in the aftermath of the massive price drop with the emergence of US shale. The smaller OPEC nations have been calling for a production cut to support prices, but the last OPEC meeting in December 2015 ended without any agreement.
Now, with Russia stepping in to negotiate with OPEC nations, a new picture is emerging. With its military might, Russia can assume de facto leadership of the oil-producing nations in the name of stabilizing oil prices.
Saudi Arabia has been a long-time U.S. ally, but that, too, is changing. Charles W. Freeman Jr., a former U.S. ambassador to Riyadh, recently noted that "We've seen a long deterioration in the U.S.-Saudi relationship, and it started well before the Obama Administration."
U.S.-Saudi relations further soured due to the Iran nuclear deal that ended in January with the U.S. lifting sanctions-a move the Saudis vehemently opposed. The Saudis had to look for a new ally to safeguard their interests in the Gulf, considering the threats they face from the Islamic State (ISIS) and Iran. Though both Russia and Saudi Arabia are on opposing ends in Syria, with Russia supporting Syrian leader Bashar al-Assad and the Saudis supporting the Sunni rebels, the large drop in prices seems to have opened a window of opportunity for Russia to ally with Saudi Arabia.
This is not the first time that Russia and Saudi Arabia have sought a close partnership. Even in 2013, The Telegraph had reported an attempt to form a secret deal, which did not go through. Iran has been a trusted ally of Russia for a long time, and if Russia can broker a deal between Iran and Saudi Arabia, it can also push through some sort of secret OPEC deal.
The production freeze to January levels that was bandied about last month carries no significance in concrete terms because Russia, Saudi Arabia and most other nations on board are pumping close to their record highs. Barclays' commodity research chief Kevin Norrish said it was "vital to note" that there was not much incremental production expected from Russia, Qatar or Venezuela this year anyway. It was the Saudi's that really mattered, as reported by Forbes.
Though Iran hasn't committed to a production freeze, since it wants to ramp up production to pre-sanction levels, Russian Energy Minister Aleksander Novak has noted that "Iran has a special situation as the country is at its lowest levels of production. So I think, it might be approached individually, with a separate solution."
With all the major Gulf nations agreeing, Iraq, which is without a credible political leadership, will also likely follow suit if Russia assures them of stronger support against ISIS.
If the above scenario plays out, Russia will emerge as the de facto leader of the major oil producing nations of the world, accounting for almost 73 percent of the global oil supply.
Along with this, Russia has been in the forefront of plans to move away from Petrodollars, and Moscow has formed pacts with various nations to trade oil in local currencies. With this new cartel of ROPEC (Russia and OPEC nations), a move away from petrodollars will become a reality sooner rather than later.
Russia is smart. Vladimir Putin is genius. Moscow senses the opportunity that is almost tangibly floating about in the low crude price environment and appears to be ready to capitalize on it in a way that would reshape the geopolitical landscape exponentially.
Though a solution in Syria is welcome, a large cartel of major oil producing nations of the world with Russia as the head would be a major upset to the current balance of power. With this potential in mind, the mid-march meeting should be very interesting for the global oil patch-well beyond talk of production cuts and supply gluts.
BE SURE TO CHECK OUT MY ALL NEW PROPHECY AND CREATION DESIGN WEBSITES. THERE IS A LOT TO SEE AND DO..........
BE SURE TO CHECK OUT MY ALL NEW PROPHECY AND CREATION DESIGN WEBSITES. THERE IS A LOT TO SEE AND DO..........
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