You wanted happenings — you got it. So much information, I have little room for prose here.
First and foremost — today is Bolton’s first day on the job at the White House and they’re already holding emergency meetings about how to strike Syria. It doesn’t matter what you think — they’re going to start a war in Syria and risk a war with Russia.
SYRIA MEETING: White House's National Security Council principals committee meets at 10a today for emergency session on Syria, I'm told.
Trump not scheduled to be there, but his top nat sec aides will be, including John Bolton, who already met with his team on Syria this a.m.
— Jennifer Jacobs (@JenniferJJacobs) April 9, 2018
Fresh US sanctions are crushing the shares of Russia’s largest aluminum makers, #2 in the world, Rusal. Shares were halved in Hong Kong trading, now down more than 20% on the MOEX.
International commodity houses have been ordered to stop trading with Rusal.
EXCLUSIVE: Commodities Trading Houses Said to Stop Buying Aluminum From Rusal After U.S. Sanctions — with @jfarchy #commodities #Russia https://t.co/JvKhWVa2Tv pic.twitter.com/6TWOBPL451
— Javier Blas (@JavierBlas2) April 9, 2018
As a result, Rusal was forced to make the unusual request to their customers: stop sending us money.
The aluminum producer is investigating the consequences of the sanctions and doesn’t waive its right to the payments, according to a copy of a letter dated April 6 and signed by Rusal’s Head of Marketing Steve Hodgson. His division handles international sales, which account for about 80 percent of the company’s business.
“We request that you immediately withhold all payments and remittances to UC Rusal until further notice,” the company said in the letter. “We are working intensively to ensure continuity of our business.”
Rusal was among Russian companies included in a list that the U.S. hit with sanctions on Friday that were intended to punish the country for actions in Crimea, Ukraine and Syria, and attempting to subvert Western democracies.
U.S. operations of sanctioned companies are now frozen and Americans mostly barred from dealing with them, while others outside the U.S. will be punished for carrying out significant transactions with the businesses.
This is having a positive effect on non-Russian aluminum makers, namely CENX, AA, AP, and ACH.
Spot aluminum is getting a much needed bounce on the news.
Russian markets are careening lower.
The Ruble, hammered.
Russian oligarchs that were targeted by US sanctions are losing a great sum of money today.
Russian shares linked to oligarchs tanking:
Rusal down 50% in Hong Kong
EN+ down 30% in London (trading suspended now)
Rosneft down 7% in Moscow
Norilsk Nickel down 14% in Moscow
Evraz down 15% in London
Polymetal down 10% in London#Russia #oil #commodities #tictocnews— Javier Blas (@JavierBlas2) April 9, 2018
Russian corporate and sovereign credits are getting hit too.
US markets, however, are enjoying the pangs of misery endured in Moscow. The Dow is higher by 180, Nasdaq +85. WTI is higher by 1.9% and the dollar is +0.37%.
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I love it when the cheapest country in the world goes down the most.
I’ll buy here and in 10 years we can find out if CAPE still works.
Clearly Trump is just Putin’s puppet, a true Manchurian Candidate, right?
LK, Re: positioning
I often look at the WSJ’s block trade numbers to see how others are positioned. Often times it doesn’t tell much of a story, but Friday was different: large buyers went long in size:
http://www.wsj.com/mdc/public/page/2_3022-mfgppl-moneyflow-20180406.html?mod=mdc_pastcalendar
(Look at historical data for comparison)
What’s also interesting is that if you compare the “block” and total numbers, you can see that unlike the large imbalance in block trade, retail (total minus block, not shown in WSJ table) was pretty balanced. One note on these numbers: don’t look at these for long term expectations. Case in point is that Amazon was 3rd on Friday in up-tick buying block trades, but is currently first in down-tick selling.
Hmm, yes, this had nothing to do with the gas attack. Had to be the Jews.
It had everything to do with that likely false flag. And leave your anti-semitism out of this.
Apparently along with thinking, sarcasm is not your strong suite.
had to be Russia, that’s what the NYTimes & WashPo have to say about it and, shocker, they are pushing for moar war in Syria, as this did with VietNam after the conclusive evidence of the Gulf of Tonkin incident, Iraq after the conclusive evidence of WMD’s, Libya after Hillary said they did something, etc etc etc
if the NYTimes & WashPo have decided foar moar woar, why question it
Right, we should listen to conspiracy theorists without a shred of evidence to support their claims. I’m all for something that says otherwise, but I have yet to see anyone show something. Do you have any evidence it was the Jews?
I believe his point is that we have a long history of manipulators using false flags to pursue their agenda and to lead sheep like yourself to do things against your own interests. It is your duty as a citizen to doubt the narrative you are being fed and to seek the truth. A good start is to ask: who’s agenda benefits from the gas attack?
BTW, does the “s.” stand for slowmo?
Does ferd stand for the guttural, animalistic grunting noise you make when you’re challenged with anything beyond the most basic of tasks?
Again, what evidence do you have that it was the Jews, or Deep State, beyond my tummy says so? I’m sure over at info wars you’re considered a real Einstein, but if you’re going to convince me that it was a plot you’ll need to provide some.
Atta boy. You said “evidence”. That’s what you should demand before you launch.
who said anything about Jews or Deep State, however Syria, Russia & Iran, the new axis of evil-doers, would have much to lose by gassing civilians and the new axis of do-gooders, Israel, Saudi Arabia & the USofA would have much to gain by the slaughter of more innocents by the new axis of evil-doers
Let’s not forget about the pipeline.
The goddamn pipeline!!!
Russia is White Mexico
POTUS just demonstrating to the Oligarchs the value of diversifying into US real estate holdings.
-10% > -100% (frozen assets)
To be certain, it’s very hard for the ultra wealthy to hide their assets from Western goverenments without the cooperation of Western banks. Lucky for them, banks typically see sanctions not as rules to abide by, but simply as increasing busienss expenses.
“fines bank sanction”
So how does Putin respond to sanctions and attack on his ally? Dangerous game this.
What happened to Trump being Putin’s cock holster?
Perhaps Netanyahu’s agents stole Putin’s golden shower tapes …so ownership of Trump has changed hands.
LNG tanker time?
Left tards will get a gold medal in mental gymnastics at the special Olympics if they can figure this one out
You should wait until you get a functioning brain before attempting to post.