After markets rebounded after they fell to their lowest point on Tuesday. Economists are warning that there are signs of a Lehman Brother’s like collapse.
“At this point, we think it would be a mistake to dismiss the possibility of a Lehman-like shock as a mere tail risk,” Nomura macro and quant strategist Masanari Takada said in a note Tuesday. “The pattern in US stock market sentiment has come to even more closely resemble the picture of sentiment on the eve of the 2008 Lehman Brothers collapse that marked the onset of the global financial crisis.”
The next sell-off could resemble a Lehman Brother’s like collapse. Nomura is basing its view on data showing hedge funds fleeing the market and said more are set to exit when their algorithms are triggered by rising volatility.
Hamza bin Laden is claimed to have died in the secret hit job by the US government and intelligence agencies are braced for a retaliation.
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Osama bin Laden’s son, Hamza bin Laden, 30, is dead, it is reportedCredit: AP:Associated Press
Fears are mounting that an atrocity on the scale of 9/11 is being plottedCredit: Getty Images – Getty
The Sunday Mirror has been told by security sources there have been warnings of an al-Qaeda resurgence and spectacular attacks.
One western intelligence analyst said: “There is a strong will still out there for another 9/11 so the bin Laden nightmare is far from over – even though it is likely the founder’s only possible terrorist heir has been killed.
“Operationally, Hamza was inexperienced but as a scion of the most famous terror mastermind the world has known, he was irresistible.”
“Osama bin Laden knew his son’s true value and hoped that one day Hamza would take up the challenge of leading al-Qaeda so he could not be allowed by the west to rally support for a new and more dangerous al-Qaeda.”
Hamza was reportedly present when his killer dad plotted 9/11.
Nearly 3,000 people were killed in hijacked plane attacks on the World Trade Centre’s twin towers in New York and on the Pentagon in Washington DC.
The father and son also spent time together as they fled to Pakistan during the US invasion of Afghanistan.
A report said: “Their future prospects will be of international concern for the foreseeable future.
“Some may join al-Qaeda or other terrorist brands that may emerge. Some will become leaders or radicalisers.”
The report is based on information supplied by intelligence agencies of UN member states, and offers a glimpse into security services fears around the world.
The leading lingerie brand Victoria’s Secret has confirmed that it has hired it’s first ever transgender model.
Valentina Sampaio released a photo backstage at a Victoria’s Secret photoshoot. The company later confirmed that the Brazilian model had been hired by the company.
9 people were reported dead, and 16 wounded after America saw its second mass shooting in less than 24 hours. A gun man opened fire outside a bar in Dayton Ohio in the early hours of Sunday morning.
The incident occurred hours after the mass shooting at an El Paso mall.
At least 7 people were shot in the continuing crime wave in Chicago. The incident happened in the early hours of Sunday morning in a city park. 3 others were taken to hospital with injuries.
Holland and Belgium have taken the decision to freeze funding for the UNRWA (United Nations Relief and Works Agency for Palestine Refugees). There decision comes amid reports of major corruption within the organisation and claims of sexual misconduct.
Krähenbühl and other senior officials were involved in “sexual misconduct, nepotism, retaliation, discrimination and other abuses of authority, for personal gain, to suppress legitimate dissent, and to otherwise achieve their personal objectives,” a leaked internal report disclosed earlier Tuesday.
President Trump had already withdrawn funding for the UNRWA, and was criticised for doing so from the media. The US covered almost a third of the agencies billion dollar budget.
The Feds reduced interest rates this week by 0.25%. The rate reduction not only reduces repayments on variable rate loans; but also affects yields on investments.
Seniors are bing told to re-evaluate their investments to ensure they are yielding enough. In the past retirees would take on more risk with their investments. This has paid off with the long term bullish market. However, economists are warning that when this gives out these yields will fall, and high risk portfolios will be at particular risk.
“The stock market has been hitting all-time highs, but the reason we’re facing lower interest rates is because the economy seems to be slowing down and we’re heading toward a recession,” said Leon LaBrecque, certified financial planner and chief growth officer at Sequoia Financial Group in Troy, Michigan.
One America News (OAN) has filed a lawsuit against the Daily Beast. The Daily Beast have accused OAN of spreading Russian Propaganda.
The story revolves around links between OAN staffer Kristian Rouz and the Kremlin’s Sputnik news network. They claim that through the connection OAN is influencing westerners to support Kremlin policies.
The continued clamp down on faith groups in China has seen the imprisonment of Pastor Wang Yi. He was arrested 7 months ago with his wife and around 100 members of his congregation. Pastor Wang Yi has now had more charges added, to the original charge of “inciting subversion”. His supporters believe this is because it is difficult to prove a charge of “inciting subversion”. The new charges include “illegal business activities”.
Most of the 100 members have already been released, along with Pastor Wang Yi’s wife. However, members of the church are under close surveillance from authorities.
Before his arrest Pastor Wang had released a letter denouncing the communist parties recent activities:
“I believe that this Communist regime’s persecution against the church is a greatly wicked, unlawful action. As a pastor of a Christian church, I must denounce this wickedness openly and severely,” the pastor wrote.
“The calling that I have received requires me to use non-violent methods to disobey those human laws that disobey the Bible and God. My Savior Christ also requires me to joyfully bear all costs for disobeying wicked laws.”
The Chinese government only allows protestant churches within its state approved Three-Self Patriotic Movement, which censors what can be preached. However recent years has seen new restrictions and clamp downs on both State approved and illegal churches.
China ranks 27 in the Open Doors World Watch List of persecuted countries.
Read More: The Christian Post
Random Events, Free Will, Pre-destiny or Something Darker ?
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