RBS will go down as having made the worst "call" in 2016

Forget the stupidity of the call, this hyper-frightening "recommendation" by Royal Bank of Scotland to SELL EVERYTHING before the deflationary crash, should be subject to malpractice lawsuits if it doesn't happen. (Even if it does.)

This completely ignores any perspective of markets and investing and absolutely points to the uselessness and idiocy of Wall Street and the brokerage industry. What a useless bunch of idiots.

And the guy recommends bonds even as the Fed has just begun to raise rates for the first time in nine years. They were probably saying go short Treasuries when the Fed was conducting QE.

Investors face a “cataclysmic year” where stock markets could fall by up to 20% and oil could slump to $16 (£11) a barrel, economists at the Royal Bank of Scotland have warned.

In a note to its clients the bank said: “Sell everything except high quality bonds. This is about return of capital, not return on capital. In a crowded hall, exit doors are small.” It said the current situation was reminiscent of 2008, when the collapse of the Lehman Brothers investment bank led to the global financial crisis. This time China could be the crisis point. Read more.

China "crisis point." Wow.

People, stay away from Wall Street. Stay away. Stick here, you get much better info. We may not get everything right, but we get most of it.

Remember, I said that January will be a major bottom for the year in the stock market.

Buying opportunity in stocks here. This selloff is crazy.

The stock selloff the past two days and particularly today--500 down--is ridiculous. What's so bearish? U.S. Federal gov't set to spend nearly $4.3 trillion this year. Okay, so spending GROWTH over last year has been slowing, but 1,000 points down in two days? Come on.

Maybe China's devaluation  last week was deflationary as I posted and maybe investors are worried, irrationally, about a Fed rate hike, but this is crazy.

If there's one thing that history has shown time and time again, it's that you ALWAYS have to buy into panic. A-L-W-A-Y-S.

Here's who NY Times cares about: "Panic Among Hedge Fund Investors in Greece"

WTF???

The NY Times writes this story on how the poor, privileged, entitled, hedge fund morons (who are totally inept as investors and need taxpayer support) are in a panic over their bad investments in Greece.

I guess we should feel sorry for them.

NOTHING about how the most vulnerable in Greece will be destroyed. How their life savings will be wiped out, no, FUCKING STOLEN, by these miserable financial criminals.

NOTHING ABOUT THIS BY THE NY TIMES.

All the news that's fit to print?

More like, All the news that the elites would like to read about.