For hackers, biometric data is the Holy Grail. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. In a move fraught with risk, Mexico, a country that has become a haven for the black market of stolen personal data of all kinds, …
by John Rubino One of the things giving “data-driven” central banks wiggle room on their pledge to tighten monetary policy is the fact there are several definitions of inflation. In the US the thing most people think of as inflation …
via bloombergquint: Just think of the news as being produced by desperate freaked out Democratic operatives with bylines, and the above headline from Bloomberg Media makes perfect sense. (Classical reference in headline.) UNEXPECTEDLY: Guardians of the Galaxy Director Blames Trump, Sans Proof, for Newspaper Massacre. …
1984 Newspeak terminology: http://archive.is/caLZF
Fake news: http://archive.is/jkTw4
Risk will not be reduced with a merger with another troubled bank. Risk would increase. Stock is not driven by short-sellers. It is driven by earnings. The stock has moved down exactly with downgrades of earnings estimates. Deutsche Bank. I …
via Bloomberg: A hedge fund that reaped an outrageous gain in February’s vol-mageddon is eyeing a fresh target. Houndstooth Capital Management LLC secured a 6,000 percent return from a bearish bet on an exchange-traded product tied to calm markets. Now, …
via politico: The Department of Justice and Securities and Exchange Commission charged a former Equifax software engineering manager with insider trading, prior to the disclosure that the credit-monitoring company had suffered a massive cybersecurity breach. Sudhakar Reddy Bonthu agreed to …
Global stocks see biggest loss of investor cash since the financial crisis Investors pulled $12.4 billion from global stock-focused funds in June, the highest level since October 2008 amid the worst of the financial crisis. A slowing global economy is …
We have a 200 year rising wedge, and price is about to break down after backtesting it from below a 2nd time. The era for the US dollar is clearly over. #OOTT” https://twitter.com/graddhybpc/status/1012339084457635840
via NYHS: Sophisticated investors have been the victims of deception throughout our nation’s history. Jim Chanos and James Grant, "Fraud" from NYHS on Vimeo. Celebrated financial experts Jim Chanos and James Grant explore historical examples of businesses that became notorious after having been accused …
https://twitter.com/OccupyWisdom/status/1012787358457122824 That’s when they pay out more on deposits than they make on loans..so they stop lending. 📈 markets need liquidity 📉 #Fed hiking & destroying liquidity 📈#LIBOR up & 400T of loans & derivatives effected 📉yield curve inverting 📈 …
Heat wave scorches U.S. Midwest and East MILWAUKEE (Reuters) – A blistering heat wave will sweep the U.S. Midwest and East on Saturday and Sunday, when temperatures and humidity levels are expected to reach well above normal. Tens of millions …
The US president has reportedly tried to persuade his French counterpart to pull his country out of the European Union in return for better bilateral trade terms. AC
Published on Jul 24, 2016 Wow, almost brought tears to my eyes. Thanks man. Both sides need people like this, im glad to have him by my side. h/t MF
In 2014, a 19-year-old small town girl named Maria Jose Alvarado catapulted onto the world stage when her brilliant smile and sweet personality won her the Miss Honduras crown. With a freshly minted passport, she was set to compete for …
by Charles Hugh-Smith All sorts of centralized organizations that appear rock-solid may well melt into air as the disintegrative dynamics gather momentum. Rising political and social discord that is generally being attributed to “populism” may actually be the re-emergence of …
SEATTLE — While Seattle’s population is skyrocketing, the number of police officers has practically stayed the same as it was in the 1970s, according to the Seattle Police Guild. But now, a union leader says, there is a bigger problem. …
https://www.youtube.com/watch?v=VGG13uOpzyw Who is financing these protesters. They all collect welfare, Medicaid and food stamps. So that means we are financing the protests. Scotman
https://youtu.be/e9MdKGJmRdA Lucid and rational. The reason liberals fail at foreign policy is they assume everyone is motivated by non-economic factors because they are not motivated by economic factors… and lacking true empathy (ability to understand anothers motivations) they are unable …
https://www.youtube.com/watch?v=RRWiDeqIiHk The Centers for Disease Control is a Subsidiary of the Pharmaceutical Industry | A list of unusual conspiracy theories | Operation Avalanche | Flying Robot Dragon
Ronald-Peter Stöferle discusses why recessions can be good for precious metals. They are monitoring various leading inflation indicators which they say have reached a maximum. They document this in their report which you can find here. https://ingoldwetrust.report There is massive inflation …
https://www.youtube.com/watch?v=Gb7_nUfyw7g They won’t denounce this behavior because they openly condone it… liberals and socialists/communists are the ultimate hypocrites. Always remember that in their twisted and devious minds the ends justifies the means. AC
by Chris Black It’s the current year, and the unhinged left still cannot face the hard reality of a Donald Trump successful presidency. I didn’t mean it to rhyme, but that’s how it got out, sorry. Truth be told, the …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A phenomenal onslaught of the wrong kind of supply. Crane-counters in the metropolitan area of Seattle have long had an exciting time as cranes keep popping up on new construction sites. Some are condo towers, others …
by Thinker Sarah Huckabee Sanders is changing the image of women in politics. For the first time that I can remember, the White House Press room is filled with transparency and “REAL” information on what is happening in government! Reporters …
by AMY S. Cancer is the second leading cause of death worldwide. Although great advancements have been made in the treatment and control of cancer progression, significant deficiencies and room for improvement remain. A number of undesired side effects …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The Fed keeps its eye on various inflation measures and indices but “prefers” the Personal Consumption Expenditures Index, Excluding Food and Energy, the so-called “core” PCE index, released by the Bureau of Economic Analysis this morning. The Fed …
by Frank Holmes, CEO, U.S. Global Investors We’re about nine years into the economic recovery following the Great Recession. It’s been an extraordinarily profitable period for the stock market—one of the best in U.S. history—and I hope you’ve participated. But …
By Harry Dent You’re probably thinking that that’s a paradox. If job openings are greater than the total unemployed for the first time since 2000 (when job openings were first measured), you’d think: the economy is so good that this can only …