Those 4 C’s are: Confirmation, Crisis, Contagion, Catastrophe.
What type of confirmation could send the financial markets into such turmoil it could rock the very bastions of finance as we now know it?
First: Scotland votes yes to leave the U.K. If this turns out to be so, it could send shock-waves throughout the markets that run the world. i.e., Forex or World currencies.
No one with any financial acumen can look seriously at the markets as they stand at the time of this writing, and seriously argue the markets are prepared for such a resolution happening this Thursday. (more…)

the media, as well as people I come in contact with, who once again, are talking in tone and tenor that this new adversary that means us great harm is some how not as great of a threat because “they are over there and don’t have the means to get over here.” I must ask: Is this all we’ve learned? i.e., Nothing.