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ALERT NEWS: MARKETS FALLING! OPTIONS MARKETS BREAK! CEOS OF GS, CITI, JPM, HSBC, MS, DEUTSCHE, OTHER BANKS ATTENDING MEETING WITH OBAMA
October 2nd, 2013



http://finance.yahoo.com/q?s=^gspc

Options Markets Break… Again

UPDATE: *NASDAQ, NYSE ARCA, AMEX OPTIONS REVOKE SELF-HELP AGAINST CBOE

The stock market is trading down – therefore, options markets have broken:

*BATS OPTIONS HAS DECLARED SELF-HELP VS CHICAGO BOARD OPTIONS
*BATS: ROUTING TO CHICAGO BOARD OPTIONS EXCHANGE SUSPENDED
*NASDAQ OPTIONS MARKET (NOM) HAS DECLARED SELF HELP AGAINST CBOE
Seems that options markets were not broken last night as VIX was banged into the close?



http://www.zerohedge.com/news/2013-10-02/options-markets-break-again

Another Terrifying Debt Ceiling Poll Shows How Republicans Are Willing To Go Nuclear

Another poll — this time from CNN/ORC — shows that Republicans are pretty OK with the possibility of breaching the debt ceiling.



According to the poll, 52% of Republicans would consider it a “good thing” if the debt ceiling is not raised, compared with 40% who said it would be a “bad thing.”

Overall, 56% of Americans said this would be a bad thing, and 38% said it would be a good thing. On Tuesday night, Treasury Secretary Jack Lew sent a letter to Congressional leaders notifying them that the Treasury was using its “final extraordinary measures” before an Oct. 17 deadline.
Read more: http://www.businessinsider.com/debt-ceiling-poll-republicans-gop-government-shutdown-2013-10#ixzz2ga2EMOwF

Only Payroll Indicator In Shutdown Week Disappoints As ADP Misses, Follows Large Downward Revisions

With the BLS shutdown, and this Friday’s NFP report indefinitely delayed, the only labor report this week would be the (highly inaccurate) anticipated ADP Private Payrolls data. Moments ago it came, and disappointed all those hoping that finally, after five years, the Fed’s shotgun wealth creation strategy may be working when it not only missed expectations of 180K, instead printing at 166K with the bulk of jobs created in the service-providing sector, but excluding massive downard revisions (July from 198K to 161K, August from 176K to 159K), would have been the lowest print of the past 4 months. And while, finally, some 1000 manufacturing jobs were created in September, for the first time in over a year the high-paying financial sector saw an exodus of 4000 jobs. Wave goodbye to the “third half” 2013 recovery.

http://www.zerohedge.com/news/2013-10-02/only-payroll-indicator-shutdown-week-disappoints-adp-misses-follows-large-downward-r

Investors Withdrew Billions From Jeff Gundlach’s Bond Fund Because Of The Taper Threat

http://www.businessinsider.com/investors-redeem-from-gundlachs-fund-2013-10

Shutdown day 2: Reality starts to bite markets and investors

Day 2 of the shutdown day two is upon us, and what some would call a sanguine initial reaction by investors to the budget loggerheads on Monday appears to be shifting fast into clear worries about a protracted battle. Twitter is full of bad-news stories of how the shutdown is hitting some groups hard. Here’s what’s new on the battlefront:

Treasury Secretary Jack Lew warns that the department is using up the last of its extraordinary measures to keep the debt ceiling at bay
A former Treasury official says there is a threat of recession if things don’t work out
President Obama shortens his Asia trip because of the shutdown
Then there’s Obamacare. Headlines across the Internet and newspapers spoke of a huge rush of Americans trying to access their state systems. New York’s health-insurance exchange was overwhelming by roughly 10 million Web visits. Californiasaw 54 million online hits to its site. The same scene played out across the country, and problems with the system are clearly there (MarketWatch found it couldn’t get into any state health exchanges). But the scene backs up the view that maybe Obamacare isn’t as unpopular as the Republicans thought it would be, even if there’smass confusion about the whole thing.

http://blogs.marketwatch.com/thetell/2013/10/02/shutdown-day-2-reality-starts-to-bite-markets-and-investors/

Russian Market ‏@russian_market 2 min
#BOOM CEOS OF GS, CITI, JPM, HSBC, MS, DEUTSCHE, OTHER BANKS ATTENDING MEETING WITH OBAMA – WHITE HOUSE

WHITE HOUSE SAYS CEOS OF GOLDMAN SACHS, CITIGROUP, JPMORGAN CHASE, HSBC, MORGAN STANLEY, DEUTSCHE BANK, OTHER BANKS ATTENDING MEETING WITH OBAMA

http://www.forextv.com/forex-news-story/white-house-says-ceos-of-goldman-sachs-citigroup-jpmorgan-chase-hsbc-morgan-stanley-deutsche-bank-other-banks-attending-meeting-with-obama

http://www.forex.co/forex_news/view/1558282

Russian Market ‏@russian_market 3 min
5 years ago somebody also recalled all the CEOs of banks for a small talk. #Lehman

http://investmentwatchblog.com/alert-news-markets-falling-options-markets-break-ceos-of-gs-citi-jpm-hsbc-ms-deutsche-other-banks-attending-meeting-with-obama/