Visualizing the Massive Cost of Cybercrime

via visualcapitalist: View the full-size version of this infographic. What do Equifax, Yahoo, and the U.S. military have in common? They’ve all fallen victim to a cyberattack at some point in the last decade—and they’re just the tip of the iceberg. Today’s infographic from Raconteur delves into the average damage caused by cyberattacks at the organizational level, sorted by type … Read more

“This Is Remarkable”: For The First Time Ever, Companies Missing EPS Are Surging (By The Most On Record)

via Zerohedge: Following a decade during which markets learned that economic data is irrelevant in a time when central banks are injecting trillions in liquidity and corporations are issuing trillions in debt to repurchase trillions in stocks pushing the S&P to all time highs, one can now say the same about corporate earnings, initially in … Read more

Visualize the Top 25 Private Cloud Companies in the World

by howmuch Cloud computing is changing the economy and transforming the way millions of people work, and private companies with multibillion dollar valuations are at the forefront of the disruption. Our latest visualization reveals the top 25 private cloud companies. Stripe takes the top spot in the Forbes Cloud 100 ranking with $785M in private … Read more

Will MMT Work as Intended, Or Will It Trigger the Collapse of “Money”?

by Charles Hugh-Smith MMT is presented as the solution to the “problem” of insufficient government funding, but that’s not the real problem. Modern Monetary Theory (MMT) is presented as a means to painlessly fund the large-scale infrastructure / alternative energy spending the nation needs to rebuild and modernize. While most people support the goal of useful … Read more

Redemptions Rip Through UK Equity Funds as Fallout from Woodford Collapse Grows

In funds with a liquidity mismatch, the First-Mover Advantage is huge, as Woodford’s investors found out. By Nick Corbishley, for WOLF STREET: On Oct 15., it was announced that Neil Woodford’s flagship Equity Income fund (WEI), which has blocked redemptions since June, would be closed for good. And signs are emerging that the problems that bedeviled WEI may … Read more

FITTON: Katie Hill resigned. Why is Ilhan Omar being protected?

by TFittonJW COVER-UP? More than enough evidence to open up a criminal investigation into Ilhan Omar marriage scandal. And House Ethics Committee needs to act! https://youtu.be/Fak6PsSOFMI Per usual, Judicial Watch with the heavy lifting: https://www.judicialwatch.org/press-releases/judicial-watch-requests-ethics-investigation-of-whether-rep-ilhan-omar-improperly-used-campaign-funds/ https://www.judicialwatch.org/press-releases/judicial-watch-files-house-ethics-complaint-against-rep-ilhan-omar-over-potential-immigration-marriage-tax-and-student-loan-fraud/  

RUSH: There’s not a one of them in that list of 23 that excites enough people.

via rushlimbaugh: RUSH: Trump was praising today the value of people’s 401(k)s, the stock market at an all-time high, economic activity shooting through the roof. On the Democrat side, “Growing Uncertainty Looms Over the Democrat 2020 Primary.” Growing uncertainty? There’s nothing growing about it. The uncertainty has been there since day one. There’s not a one … Read more

While Russiagate Was Fake, Spygate Is Real, and Horowitz Is About to Prove It

https://www.youtube.com/watch?v=u7OT-f3b2w8 Department of Justice Inspector General Michael Horowitz turned in his report into potential FISA abuses to Attorney General William Barr almost four weeks ago. During this time, nothing has leaked, which is quite telling in itself. If there was anything that could be leaked from this report that would mitigate the coming fallout, we’d … Read more

The [CB] Just Realized They Have No Way Out Of This

https://www.youtube.com/watch?v=F7T_zWepvwc The elite are starting to realize that the BREXIT is not going the way they want, they are trying to delay, they do not want a vote, why because they know they don’t have a chance of winning. The US economy is doing better than ever statistically, Trump and the patriots are ready to … Read more

Physicists Propose New Method to Detect Traversable Wormholes

Very Cool. I hope they discover some near by! “ a duo of theoretical physicists from Case Western Reserve University, the University at Buffalo College of Arts and Sciences and Yangzhou University described a technique for detecting traversable wormholes — theoretical portals through space-time that could create shortcuts for long journeys across the Universe. If … Read more

Margin Debt Is Declining. Are The Bulls In The Clear?

by Lance Roberts In a recent weekly newsletter (Subscribe for free e-delivery), I discussed the rather dramatic decline of short-interest in the S&P 500 which suggests a high degree of complacency by investors. As Wolf Richter recently noted: “Of the total shares outstanding of the SPDR S&P 500 ETF, only 2.6% were out on loan to short-sellers this … Read more

Three things you didn’t know about the crash of 1929

by Simon Black October 28, 1929– 90 years ago today– is known as ‘Black Monday’ in financial circles. The US stock market had peaked the previous month, on September 3, 1929, with the Dow Jones stock index reaching a record high of 381. But throughout September and October, nervous investors began pulling their money out of … Read more