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DoD Official Urges Taiwan To Buy More Weapons In Fear Of “Cross-Strait Invasion” By China

DoD Official Urges Taiwan To Buy More Weapons In Fear Of “Cross-Strait Invasion” By China A Pentagon official said Monday that Taiwan should increase its military spending to safeguard continued peace and security both across the Taiwan Strait and within the Indo-Pacific, reported Focus Taiwan. David Helvey, U.S. principal deputy assistant secretary of defense for […]

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US Approves Waivers On Iranian Oil Imports As Supply Panic Fades

US Approves Waivers On Iranian Oil Imports As Supply Panic Fades With oil prices already extending the drop from their highs as the trader “panic attack” identified by celebrated energy analyst Art Berman abates, and approaching a bear market from recent highs, a Friday morning report from Bloomberg will likely ensure that prices continue to […]

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China Boosts Antarctic Presence With Planned Permanent Airbase, Cites “Strategic Needs”

China Boosts Antarctic Presence With Planned Permanent Airbase, Cites “Strategic Needs” China is set to significantly expand its presence in Antarctica as it takes the crucial step of establishing its first permanent airport and large landing strip close to its small research outpost, Zhongshan station. After nearly a decade of planning construction of the airport is set […]

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Russia Eyeing Military Base In Cuba As US Prepares To Leave Nuclear Missile Deal

Russia Eyeing Military Base In Cuba As US Prepares To Leave Nuclear Missile Deal A senior Russian official proposed that his country is seriously considering establishing a military base in Cuba in response to Trump’s plan to quit the INF treaty, predicting that “a new Cuban crisis” could erupt if the US and Russia fail […]

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Fed To Ease Liquidity Requirements For Regional Banks As Brainard Warns Of More Bailouts

Fed To Ease Liquidity Requirements For Regional Banks As Brainard Warns Of More Bailouts On Wednesday the Federal Reserve is set to vote on proposals that would further ease capital requirements for banks with assets of $700 billion or lower, expanding on Trump’s promise to deregulate Wall Street. The biggest benefits will come to banks […]

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“We’re Back In The Real World Where Bad News Is Bad News”: To $1 Trillion Fund Manager, Turmoil Is “New Normal”

“We’re Back In The Real World Where Bad News Is Bad News”: To $1 Trillion Fund Manager, Turmoil Is “New Normal” For nearly a decade stocks enjoyed an environment of unprecedented bullishness, where good news was good news, and bad news was even better as it suggested central bank intervention via monetary stimulus, boosting asset […]

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China Vows More Stimulus With Economy On Verge Of Contraction

China Vows More Stimulus With Economy On Verge Of Contraction Overnight, China revealed the latest confirmation that its economy is slowing more conventional wisdom realizes when the National Bureau of Statistics reported that the manufacturing PMI fell to 50.2 in October – on the verge of a sub-50 contraction – down from 50.8 in September […]

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The Corporate Debt Bubble

The Corporate Debt Bubble The largest asset bubbles occur while economic growth and inflation remain positive, but subdued, for extended periods of time.  According to its dual mandate, the Federal Reserve focuses primarily on growth and price stability, and tends to ignore the creation of asset bubbles as long as economic activity is not running […]

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Russia Planning Series Of Missile Tests Amid NATO’s “Largest Military Exercise Since The Cold War”

Russia Planning Series Of Missile Tests Amid NATO’s “Largest Military Exercise Since The Cold War” As 50,000 NATO troops mass in Scandinavia for the military alliance’s annual “Trident Juncture” military exercises, an annual affair that has been expanded to become the largest NATO exercise since the end of the Cold War in reflection of the […]

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Leaked U.N. Memo Reveals Saudis Demanded Western Propaganda For $1bn Pledged To Aid Agency

Leaked U.N. Memo Reveals Saudis Demanded Western Propaganda For $1bn Pledged To Aid Agency We wonder if the Saudis had never been caught in Jamal Khashoggi’s gruesome murder, would such essential stories and leaks now happening such as the below Guardian report ever see the light of day? On Tuesday The Guardian published select contents of a leaked […]

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What Can Kill a Useless Currency, Report 28 Oct 2018

What Can Kill a Useless Currency, Report 28 Oct 2018 There is a popular notion, at least among American libertarians and gold bugs. The idea is that people will one day “get woke”, and suddenly realize that the dollar is bad / unbacked / fiat / unsound / Ponzi / other countries don’t like it […]

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Israel Quietly Transferred $250m Of Sophisticated Spy Systems To Saudi Arabia: Report

Israel Quietly Transferred $250m Of Sophisticated Spy Systems To Saudi Arabia: Report A new bombshell report in the Jerusalem Post confirms that Israel and Saudi Arabia’s somewhat “quiet” but growing security relationship is far more extensive than previously thought, as it now includes a $250 million weapons deal. This is unprecedented as the two nations […]

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French FinMin: The Euro Zone Is Not Prepared To Face A New Crisis

French FinMin: The Euro Zone Is Not Prepared To Face A New Crisis Europe finds itself at a troubling crossroads: while on one hand the official narrative emanating from Brussels and Berlin (and, of course, the ECB) is that there is no risk of contagion from Italy’s budget crisis in the European Union, on the […]

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China’s President Orders Military To “Prepare For War”

China’s President Orders Military To “Prepare For War” China’s President Xi Jinping ordered the military region responsible for monitoring the South China Sea and Taiwan to “assess the situation it is facing and boost its capabilities so it can handle any emergency” as tensions continue to mount over the future of the South China Sea […]

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Don’t Expect A Fed Bail Out: What Convexity Flows Mean For Repricing Of The “Fed Put”

Don’t Expect A Fed Bail Out: What Convexity Flows Mean For Repricing Of The “Fed Put” One of the major topics to emerge among financial professionals over the past week in the aftermath of the latest violent market move lower was whether the “Fed Put” would come into play, and at what level, and just […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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