Authored by Andreas Steno Larsen via Nordea Bank, The short positioning in VIX is heavier than prior to the February and October sell-offs, which is why we are on alert to a new potential squeeze of volatility positions. From the current levels, we see the best risk/reward in long vol across assets Intraday volatility in … Read more
by howmuch According to the World Bank, 10 percent of the world’s population lives in extreme poverty, defined as living on less than $1.90 USD per day. While this threshold is shockingly low (it would amount to an income of less than $1,000 per year), residents in some countries can make significantly more money and still … Read more
by: Stefan Gleason For months, the Trump administration has been touting low unemployment numbers as evidence of a strong underlying economy. But if the economy is so strong, why can’t it take any more interest rate hikes? White House National Economic Council Director Larry Kudlow insisted on Friday that the economy still “looks very good.” Yet … Read more
Authored by US Army Major Danny Sjursen (ret.) via TomDispatch.com, “Patriotism, in the trenches, was too remote a sentiment, and at once rejected as fit only for civilians, or prisoners.” — Robert Graves, Goodbye To All That(1929). I’m one of the lucky ones. Leaving the madness of Army life with a modest pension and all of my limbs … Read more
by Jim Quinn 20 year old Penn State student’s life snuffed out for no reason at all. Celebrating a Phillies victory with some friends and he is shot and killed randomly by some scumbag. My dad would take me to FDR park when I was a little boy, with bambo fishing poles, to catch sunnies. … Read more
From New Zealand Air: H/t Maziel How sad that New Zealand, once known as Tolkien’s Middle Earth, is now associated with the obviously-fake mosque shooting video. See “How we know New Zealand mosque shooting video is a CGI fake “. ~Eowyn
by DCG Flores and Biden on the campaign trail Such a non-apology. Demorats have mastered those. From Daily Mail: Former Vice President Joe Biden on Sunday defended his years of what he called ‘expressions of affection’ and claimed he ‘not once – never – did I believe I acted inappropriately.’ ‘In my many years on the … Read more
by independenttrader When in 2017, we have begun to mention the upcoming US-China trade war, the largest media have not yet been interested in this topic. The situation has changed a year later, when the tariffs imposed by Washington has dominated the headlines. Trade war and its negotiations have become a convenient subject explaining all changes … Read more
by Shaun Richards A feature of the last year or so has been something of an economic car crash unfolding in Italy and we have received two further perspectives on that subject this morning. Sadly neither is an April Fool although in these times they have become ever harder to spot. According to Markit times … Read more
https://www.youtube.com/watch?v=idKsivlLqZQ&feature=youtu.be She needs to go at Bernie for being the biggest loser on the planet and telling everyone to vote for Hillary. Imagine being that pathetic. Imagine. AC