Finland cracks down on foreign land ownership

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https://yle.fi/uutiset/osasto/news/vote_on_land_ownership_reform_in_november_says_defence_minister/10420214 “Finland’s Defence Ministry is preparing a law reform that it says would safeguard national security with increased regulation of real estate transactions. The draft bill would grant the government the right to intervene in transactions that it thinks could jeopardise national security.” It’s related to a huge join police, military and borderguard operation in … Read more

Hong Kong’s Interbank Lending Rate Spikes Most in 10 Years Amidst Liquidity Fears

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via confoundedinterest: Hong Kong, with a stressed housing market with staggeringly high prices, just saw a surge in interest rates. (Bloomberg) — The Hong Kong dollar’s surge reverberated across the city’s money market on Monday, with interbank rates climbing by the most since the global financial crisis a decade ago. Both moves are underpinned by the same … Read more

BLUE WAVE? Republican Party Favorability Highest in Seven Years.

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Gallup: Forty-five percent of Americans now have a favorable view of the Republican Party, a nine-point gain from last September’s 36%. It is the party’s most positive image since it registered 47% in January 2011, shortly after taking control of the House in the 2010 midterm elections. Forty-four percent give the Democratic Party a favorable … Read more

Ten Years after the Financial Crisis, Wall Street Bankers Clear the Air

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by LV Yesterday, at an event sponsored by the World Affairs Council in Philadelphia, Jamie Dimon, CEO of JPMorgan Chase & Co., said that “it’s going to be 25 years before banks are forgiven” for the bailouts our government doled out to the nation’s largest banks a decade ago during the worst financial crisis since the Great Depression.  Unfortunately, Dimon’s acknowledgement … Read more

Facebook notifications received via email in 319 days with a new account only logged in once

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via select1on: It’s the running total, no idea why it drops. It was the number reported to me by Facebook in the email subject line. “You have X notifications waiting’ Data source: https://pastebin.com/jU5PPuCz I created this account and logged in once, using a new email account. I have never logged in from the first day. I don’t … Read more

Significant Activist Hedge Fund Activity (Last 7 Days)

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by badpauly These are the latest Schedule 13D forms filed by activist investors in the last 7 days. Activist investors are investors that make an investment with the intention of influencing management in some way. There is evidence that following activist investors into investments can generate excess returns. Schedule 13G forms, in contrast, are filed … Read more

Robert Shiller: Investors Have Lost “Healthy Skepticism”

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via marketwatch: The popular narrative says earnings could be permanently spectacular NEW HAVEN, Conn. (Project Syndicate) — The U.S. stock market , as measured by the monthly real (inflation-adjusted) S&P Composite Index, or S&P 500SPX, +0.00%  , has increased 3.3-fold since its bottom in March 2009. This makes the U.S. stock market the most expensive in the world, … Read more

Argentine President Says “Zero Chance” 7-Time-Defaulter Argentina Will Default Again

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via thebubble: In an interview with Bloomberg TV, President Mauricio Macri rejected the possibility that Argentina will default on its debt payments, emphasizing on the “international support” the country has, “especially from the United States.” Moreover, he indicated that the new agreement with the IMF will be announced shortly and once again confirmed he will run for … Read more

‘UNHINGED:’ LEFTY PROTESTERS HARASS SEN. TED CRUZ & WIFE UNTIL THEY LEAVE DC RESTAURANT (VIDEO).

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via twitchy: The protest opposing the Brett Kavanaugh confirmation hit the Senate on Monday, and it even followed Sen. Ted Cruz and his wife into a DC restaurant that same evening. This idiocy has gotten out of control: https://twitter.com/SmashRacismDC/status/1044408830564683776 UPDATE (FROM GLENN): Orrin Hatch is not having it: Why the left is consumed with hate (WSJ article) … Read more

Seconds After Christine Ford’s Outrageous Demands A Lawyer Hits Her With 9 Words She’ll Never Forget

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https://www.youtube.com/watch?v=GX4ingtvVGs Jim Hoft for the Gateway Pundit reports, Attorney, law professor and Democrat, Alan Dershowitz, went on FOX Business Network to discuss the Christine Blasey Ford demands from the Senate Judiciary Committee. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…

Global Stocks Jump, Crypto Collapse Continues, UST10Y 3.1039

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crypto collapse continues pic.twitter.com/hHuoRHARm6 — Alastair (@StockBoardAsset) September 25, 2018 Global Stocks Jump As Trade, Political Fears Fade; 10Y Yield Hits 3.11% https://t.co/MKc2dUPa4K — zerohedge (@zerohedge) September 25, 2018 UST10Y 3.1039 pic.twitter.com/lyn8gdG1nv — Alastair (@StockBoardAsset) September 25, 2018 pic.twitter.com/zX0PmX56zY — Alastair (@StockBoardAsset) September 24, 2018 Four Charts That Show That The #Eurozone Has Peaked And … Read more

Brookfield Asset Management: “We’re in the business of owning the backbone of the global economy”

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by COMPUTER1313 https://www.ft.com/content/d6f9b346-9bbc-320c-b5c5-7b9b4f854c91 “We’re in a 50-year transformation of the infrastructure world. We’re 10 years in; we have 40 left to go. By the end of that 50 years most infrastructure in the world will be transferred to private hands,” he says. A rough calculation indicates that about $100tn could go private over that 50 … Read more

Sears CEO’s hedge fund pushes retailer to restructure debt, sell off assets as part of turnaround effort

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by COMPUTER1313 http://www.chicagotribune.com/business/ct-biz-lampert-sears-debt-proposal-0925-story.html Lampert’s ESL Investments wants Hoffman Estates-based Sears Holdings Corp. to restructure more than $1 billion in debt and sell about $1.5 billion in real estate and about $1.75 billion other assets, including the company’s popular Kenmore appliance brand, according to a proposal made public in a regulatory filing Monday. ESL offered to … Read more

Instagram’s Co-Founders to step down from company

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https://www.nytimes.com/2018/09/24/technology/instagram-cofounders-resign.html ​ One of the jewels in Facebook’s crown seems to have slipped away. I’m curious what this may imply for their long term future. I felt somewhat bullshit on FB primarily because of their ownership of Insta. While this doesn’t approach other recent tech-turnover scandal levels it’s still a very interesting development given some … Read more