Blackstone Made a Quick US$2Bn – US$4Bn from Reuters In Just About a year

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The ink is barely dry on the deal (https://a-teaminsight.com/blackstone-closes-deal-to-take-55-stake-in-thomson-reuters-financial-risk-business/?brand=ati) Blackstone made to buy to the financial data arm of Reuters (now renamed Refinitiv) and they are doing another deal to sell the same company, thereby pocketing a quick 2-3 billion. https://www.reuters.com/article/us-refinitiv-m-a-lse/lse-refinitiv-deal-faces-long-antitrust-review-sources-idUSKCN1UN0O4

What could go wrong?

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What could go wrong? https://t.co/2BP9ajPNjF — Daniel Lacalle Official Account (@dlacalle_IA) July 29, 2019 US #highyield issuance YTD: $152B, up 29% from 2018 pace, as investors, anticipating rate cut(s), flock to fixed-income market $HYG $JNK pic.twitter.com/NED8dbUbNa — Leveraged Loans (@lcdnews) July 29, 2019

Pentagon Approves a Whopping $1.48 Trillion in Military Spending

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https://youtu.be/MbNqiqH3KTA In a bipartisan deal , The Pentagon Approves a $1.48 trillion in military spending over the next two years. 219 House Democrats and 65 Republicans on Thursday voted to approve a budget agreement that includes $1.48 trillion in military spending over the next two years. which President Donald Trump quickly applauded on Twitter as … Read more

A strong economy? Stocks at record highs. Profits at lowest % of GDP since 2008 ex-GFC. Corp Debt at $15bn 7.5x larger. And credit priced to perfection.

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via @PPGbites:   via @The92ers: The market looks quite similar to March ’00 & the Fed also finds itself in the same position. The market’s valuation is greatly stretched & the Fed is a prisoner to its many mistakes. See the link for a brief summary of how we got here, it took ~ 20-years … Read more

DEUTSCHE: “world trade volumes about to decline significantly for the first time since the financial crisis”… only three PMI’s in the world that are above 50

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DEUTSCHE: “world trade volumes about to decline significantly for the first time since the financial crisis”$FDX pic.twitter.com/fPt2gpe4AL — Carl Quintanilla (@carlquintanilla) July 29, 2019 There are only three PMI's in the world that are above 50 – India, Brazil and the US. All three are decelerating too. A reading blow 47 usually signals recession. All … Read more

Corey Feldman gets shut down on live TV by Barbara Walters when bringing up Hollywood abuse allegations.

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by nokia621 Corey was a hero for coming out and being one of Hollywood’s first whistle-blowers. Like all American whistle-blowers he was ostracized, scorned, and blacklisted. I also remember none of these tinseltown actresses coming to his aid. They only complain when their careers are all washed up and the Weinstein payola is all but spent. … Read more

Apple whistleblower: “When grading Siri recordings, we constantly hear private medical conversations, drug deals and people having sex. The person’s name is always attached.”

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Apple contractors regularly hear confidential medical information, drug deals, and recordings of couples having sex, as part of their job providing quality control, or “grading”, the company’s Siri voice assistant, the Guardian has learned. Although Apple does not explicitly disclose it in its consumer-facing privacy documentation, a small proportion of Siri recordings are passed on to … Read more

The 5-Mental Traps Investors Are Falling Into Right Now

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by Lance Roberts I recently wrote about the “F.I.R.E.” movement and how it is a byproduct of late-stage bull market cycle. It isn’t just the “can’t lose” ideas which are symptomatic of bullish cycles, but also the actual activities of investors as well. Not surprisingly, the deviation of growth over value has become one of the largest in history. This … Read more