Former Equifax manager charged with insider trading linked to cyber breach

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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 settle civil charges with the SEC and return gains he made through trades that the … Read more

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.

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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 spooking some investors as are fears of a trade war. Emerging market stocks soared in … Read more

This Is A Very Big $USD Picture

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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

James Grant and Jim Chanos: Fed Fraud and More

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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 or convicted of defrauding their shareholders.

Liquidity Is Being Cancelled And They Make More Money Not Lending As Soon As The Yield Curve Inverts

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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 📈 over 10% of corporations are zombie corps 📈nine yr into expansion 📉nine yr into a … Read more

RECORD HEAT CHICAGO, DC, NYC… Temps Stir Memories Of ’95 Wave That Killed 739

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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 of Americans will be under heat warnings, watches and advisories as temperatures reach above 100 … Read more

‘Men can do anything they want to women in Honduras’: Inside one of the most dangerous places on Earth to be a woman

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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 the prestigious Miss World title in London, a trip which would be the first plane ride of … Read more

Could Germany Fracture?

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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 ancient geographic and cultural fault lines. An often-overlooked manifestation of this might be the nation-state of … Read more

Liberal Seattle About to Self–Destruct! At least 41 offices, tired of LIBERAL policies, have quit the force.

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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. “I have never seen the number of officers who are leaving and the way they … Read more

Vladimir Putin Calls Out George Soros

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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 to get along. SP

Ronald Stöferle: Our Inflation Signal Just Reached Maximum

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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 beginning to show up, and they detail that in the report. This year they have … Read more

Is This Going to Crush Rents in Seattle?

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Wolf Richter wolfstreet.com, http://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 are apartment towers. Not counting condo towers, this is what’s coming: Currently under construction: 25,164 … Read more