Saturday, December 12, 2015

Global Markets are Re-calibrating

CNBC Report - Rick Santelli - Global Markets are Re-calibrating!

Live Report on CNBC

CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
______________________________________________________"Everything's Crashing"

By Tyler Durden
Zero Hedge

Friday, December 11, 2015 11:07 AM EST

The writing has been on the wall for a few days/weeks, but it appears a combination of global FX and equity turmoil and domestic corporate debt market collapse is finally starting to roil US equity markets.

The Dow is down over 600 points in the last week or so, bond yields are collapsing, the USDollar is tumbling, crude is crashing, and junk bonds are in free-fall.

The Least Surprising Stat Of The Week: Corporate Insiders Are Dumping Their Stock

By Tyler Durden

Zero Hedge

Submitted by John Rubino via,

Here’s one for the "actions speak louder than words" file:

Massive insider selling spurs stock market concerns

(CNBC) – Corporate insiders have been selling their shares at near-record levels, and according to some, this could be a sign for outside investors to start selling as well.

Investment research firm TrimTabs reported on Wednesday that insider selling reached $7.6 billion for the month of November, the fourth-highest monthly level on record. For some this may be an alarming indicator, as corporate insiders tend to have more knowledge than public shareholders on the inner workings of the company, and what may drive stock prices up or down.

“Historically when insiders are selling heavily it’s not the greatest sign,” TrimTabs’ chief executive, David Santschi, told CNBC in a phone interview Wednesday. “I’m surprised given the valuations in the market that they’re not selling more than they are.