Breaking news, updates, and reports on current events.
Blain’s Morning Porridge, submitted by Bill Blain of Shard Capital “Well, what can possibly go wrong now? ” First, a question for my chum Charlie Corbett, author of the excellent The Art of Plain Speaking: How to Write and Speak in a Way that Will Impress the People that Matter. (Seriously, buy a copy and keep it … Read more
by jessefelder It was nearly five years ago, in late-2014, that I wrote a piece titled, “Here’s Why The Long Bond Could Be About To Blast Off.” At the time, I argued that the combination of relative value and extreme negative sentiment was very constructive for bond prices. And it wasn’t long before this idea … Read more
Even after the 'mid cycle adjustment', global policy rates are still too tight given economic data (global pmi). pic.twitter.com/bQFT7lpult — Teddy Vallee (@TeddyVallee) August 6, 2019 Central banks around the world are surprising markets with aggressive rate cuts: Here’s why Central banks in New Zealand, India and Thailand all announced larger-than-expected cuts to interest rates … Read more
by follyboyz This is absolutely unacceptable. They are threatening Trump campaign donors "For those of you funding Donald Trump's re-election campaign, you may want to take note: Because you keep writing checks to this president, it's on you…because you are funding this white supremacist campaign…It is your money that is funding this white supremacy." —@JoeNBC pic.twitter.com/w0kxC0KJAk … Read more
The bakery-owning family that won a $32.5 million defamation suit against Oberlin College is accusing the famously left-wing school of trying to string the case along until an owner dies of cancer. In a video posted Tuesday to Facebook, Dave Gibson said he had been diagnosed “late last year” with pancreatic cancer, a fact he … Read more
NASHVILLE, Tenn.–The Federal Emergency Management Agency (FEMA) and the Federal Communications Commission (FCC) will conduct a nationwide test of the Emergency Alert System on Wednesday. Today (8/7) at 2:20 p.m EDT we will conduct a nationwide test of the Emergency Alert System in coordination with @FCC. 📵 Alerts will occur on TVs & radios, not … Read more
NBC News contributor Frank Figliuzzi said Monday that President Trump’s decision to fly American flags half-staff until Aug. 8– in response to the El Paso and Dayton mass shootings– could be seen by white supremacists as a nod to Adolf Hitler. Figliuzzi, a former FBI assistant director for counterintelligence, made the claim during an MSNBC broadcast with Brian Williams. Trump issued the order on … Read more
by Daisy Luther We may not have to wait for a traveler from the Democratic Republic of Congo to visit the United States for an Ebola outbreak. It just might be brought to us by our own military along with the plague and other horrifying germs. The laboratory at Fort Detrick, the U.S. Army Medical Research Institute of … Read more
© The New York Times The New York Times was forced to alter its front page headline after it was savaged online by high-profile Democrats who didn’t like how the paper framed President Donald Trump’s speech about mass shootings. The US newspaper got into trouble after print editor Tom Jolly shared a preview of Tuesday’s … Read more
via Zerohedge: Yesterday, in a lengthy article referencing the ongoing dollar and funding liquidity collapse as a result of the aggressive rebuild of the Treasury’s cash balance from $133BN to $350BN in the aftermath of the debt ceiling deal, we said “Forget China, The Fed Has A Much Bigger Problem On Its Hands.” As we … Read more
Ukrainian firm maintains safety at the former Soviet nuclear power plant where a reactor exploded in 1986 It’s signed a £64 million contract to deal with the collapsing sarcophagus and remove its debris by 2023 Robotic cranes and engineers will work to reinforce and dismantle the structure and deal with any hazards A £2 billion … Read more
“This is an orchestrated, communist assault on America to destroy America’s borders, to create confusion in America, to overwhelm the system politically.” —Trevor Loudon, communism expert AC
Tesla and its CEO, Elon Musk, repeatedly described the company’s Model 3 sedan as the safest car ever tested by US regulators — claims that earned Musk a cease-and-desist letter last October. The transparency group PlainSite on Tuesday published a letter from the National Highway Traffic Safety Administration taking issue with the claim that “there is … Read more
Apple is losing its grip on the smartphone market. The US-headquartered tech company slipped to fourth place in an IHS Markit list of the world’s top smartphone makers during the second quarter of 2019. It now sits behind Samsung, Huawei, and Oppo – a Chinese smartphone brand that is lesser-known in the West. According to … Read more
by Josh Sigurdson and John Sneisen of World Alternative Media Josh Sigurdson talks with WAM contributor Tim Picciott of The Liberty Advisor about the economic conditions that lead to such an excess in the number of homeless currently on the streets throughout major cities around the world. No matter where in the world you are, the problem is clearly getting … Read more
by Shaun Richards This morning brings to mind the famous poem from Rudyard Kipling. Oh, East is East, and West is West, and never the twain shall meet, Till Earth and Sky stand presently at God’s great Judgment seat; But there is neither East nor West, Border, nor Breed, nor Birth, When two strong men … Read more
by John Wilder “I can promise you this will not silence your demons. If you can’t control the violence, the violence controls you.” – Star Trek: Voyager I really didn’t expect to do this so soon – the clock moved closer to midnight. Last month was 6. Now we’re at a 7. The scale is from the first issue (Civil … Read more
by John Ward The Eunatics have Britain exactly where they want it: in a state of anarchic chaos. We need a General Election with intelligent voting. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ This is a sad, sad time for Britain. Three years of grubby lies, broken promises and false witness are now morphing into a scene from the fall of the … Read more
What are those violet trash bags about? How Austin hopes to encourage homeless population to clean up their areas. AUSTIN (KXAN) — For the next six weeks you may see violet-colored trash bags in certain sections of Austin. It’s a new program the city is trying out to encourage those experiencing homelessness to clean up … Read more
by David Haggith On June 12, I wrote, The market is moving into waiting mode as the Fed’s next FOMC meeting where they have the opportunity to live up to the rate-cutting hopes they’ve raised come next week. As it does, it is forming that topping pattern that keeps repeating at this level. “Frothy Bubbles Make … Read more