FBI fires Peter Strzok

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Watch the latest video at foxnews.com From Fox News: FBI official Peter Strzok, who played a lead role in both the Russian meddling and Hillary Clinton email probes but became a political lightning rod after the revelation of anti-Trump text messages, has been fired. Strzok attorney Aitan Goelman said in a statement Monday that his client, … Read more

CHANGE: It’s America First in Markets as S&P Thrives in Trump Trade Haze: S&P 500 adds 6% in 2018, the rest of the world declines 5.8%.

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“With stress breaking out from Turkey to Russia, equities in China bouncing around to the tune of $100 billion a day and talk of contagion everywhere, U.S. shares are turning into the safest bet. The S&P 500 is up 6 percent in 2018 and the rest of the world is down 5.8 percent, the biggest … Read more

(D) Dwaine Caraway’s $450,000 scam: Dallas city council member and mayor pro tem, pleaded guilty to conspiracy to commit honest services wire fraud, as well as tax evasion

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A Dallas official pleaded guilty Thursday to federal charges after prosecutors said he earned more than $450,000 in kickbacks and bribes in exchange for official actions taken to benefit local business dealings. Democrat Dwaine Caraway, Dallas city council member and mayor pro tem, pleaded guilty in court to conspiracy to commit honest services wire fraud, … Read more

Megalomaniacal New York-Born Politician Lets His Security Haul Away Reporter Simply For Asking A Question.

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Of course, in this case, it’s Bill de Blasio having a New York Post reporter removed by his security guards for having the temerity to ask de Blasio about its “City for Sale” cover story regarding his administration’s many meetings with real estate lobbyists, so expect crickets from the media: Earlier Sunday, de Blasio appeared on CNN’s “Reliable Sources” to discuss … Read more

Horrifying UN Report Details Widespread Child Rape by High-Level UN Employees

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via thefreethoughtproject: A deeply disturbing report has finally been released by the United Nations detailing the rampant sexual exploitation of children by UN employees that is widespread, throughout multiple countries. While pieces of the report were released previously, the full report, detailing the scope and horrifying nature of the abuse was only just released in July. … 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

Beijing struggles to defuse anger over Chinas P2P lending crisis

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https://www.reuters.com/article/us-china-lenders-p2p-insight/beijing-struggles-to-defuse-anger-over-chinas-p2p-lending-crisis-idUSKBN1KX077 For Wang, the Beijing investor, the pain is acute. He and his family had invested 7 million yuan – their life savings, with which they had planned to use to buy a home at the end of the year – in two P2P platforms that have shut down. They recovered none of their investment. … Read more

Contagion: Clear in Retrospect, Impossible to Accurately Forecast, Can Happen at Any Time

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via iforex.in: It’s been several years since the markets started using the word contagion.  During the European debt crisis, this word was used constantly as traders worried that issues with Greece and Spain and Portugal would spread across Europe. Today, the markets are discussing another contagion as the Turkish Lira plunged 10% moving up to a … Read more

China July Mobile Phone Shipments Fall 14% Y/y: Industry Academy

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*CHINA JULY MOBILE PHONE SHIPMENTS FALL 14% Y/Y:INDUSTRY ACADEMY Apple is toast — Sunchartist (@sunchartist) August 13, 2018 Foxconn reports surprise profit decline BEIJING — Foxconn Technology Group posted a surprise 2.2% decline in second-quarter profit, even after its biggest customer Apple Inc. said recent demand for iPhones remained resilient. Taiwan-based Foxconn said Monday that … Read more