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The Crash Of ’87 Remembered: “It Was Clear The Acapulco Cliff-Dive Was On For Monday”
The Crash Of ’87 Remembered: “It Was Clear The Acapulco Cliff-Dive Was On For Monday” “The markets in a panic are like a country during a coup, and seen in retrospect that is how they were that day,” wrote a young Salomon bond salesmena named Michael Lewis, of the chaos he witnessed. “One small group […]
US Deploys Special Forces “Decapitation” Team To South Korea
US Deploys Special Forces “Decapitation” Team To South Korea Today, the South Korean and U.S. navies kicked off massive combined drills off the coast of the Korean peninsula amid heightened tensions, a training exercise which North Korea has warned may prompt another ballistic missile launch potentially to coincide with the launch of the Chinese 19th […]
With Just Hours Until Spain’s Ultimatum Runs Out, Catalonia Proposes Its Own Central Bank
With Just Hours Until Spain’s Ultimatum Runs Out, Catalonia Proposes Its Own Central Bank It’s D-Day for Catalan President Carles Puigdemont who has just a few hours left until 10 am on Monday (4am ET) to respond to the Spanish government’s ultimatum delivered last week by the prime minister, demanding to know whether Puigdemont did, […]
Eric Peters: “This Is The Nightmare Scenario For The Next Fed Chair”
Eric Peters: “This Is The Nightmare Scenario For The Next Fed Chair” While we will have much more to share from the latest weekend letter by One River’s Eric Peters shortly, we found the following section on inflation vs asset bubbles – a topic which BofA’s Michael Hartnett has been focusing extensively on in the […]
Iran’s Top General Meets With Kurdish President Barzani As U.S. Neocons Push For War
Iran’s Top General Meets With Kurdish President Barzani As U.S. Neocons Push For War In an unexpected diplomatic turn of events which underscores the seriousness of escalating tensions between the Iraqi government and the Kurdistan Regional Government (KRG), the head of Iran’s elite Revolutionary Guard (which last week were designated by the US as a terrorist […]
DARPA Asks HFT Traders How Hackers Will Crash The Market
DARPA Asks HFT Traders How Hackers Will Crash The Market Having been responsible for the biggest flash crashes in recent years, it is no surprise that when it comes to the market’s growing structural vulnerabilities, high frequency traders have emerged as the primary authority on how to crash the market in the blink of an […]
Wildfires Force More Evacuations As Death Toll Climbs To 40; Nearly 6,000 Buildings Destroyed
Wildfires Force More Evacuations As Death Toll Climbs To 40; Nearly 6,000 Buildings Destroyed Hurricane force winds returned to Northern California on Saturday, revitalizing the massive Tubbs fire that’s destroyed much of Santa Rosa. With the fire headed toward the few neighborhoods in the city of 140,000 that haven’t already been destroyed, state authorities ordered […]
US Reaper Drone Shot Down Over Afghanistan
US Reaper Drone Shot Down Over Afghanistan In a rare, successful attack on one of the most advanced US offensive weapons, a US drone has reportedly been shot down over Afghanistan. The Islamic Emirate of Afghanistan (Voice of Jihad) reports that Mujahideen of the Islamic Emirate shot down an unmanned aerial vehicle (UAV) said to […]
Wave Of Eruptions Along Pacific ‘Ring Of Fire’ Leave 10,000s Displaced
Wave Of Eruptions Along Pacific ‘Ring Of Fire’ Leave 10,000s Displaced The Pacific “Ring of Fire” is living up to its name. The 450 or so volcanoes that make up the ring outline have been unusually active this year, sparking evacuations on the Indonesian island of Bali and on the tiny island nation of Vanuatu. […]
Trump Invites “Crushing” Response After Designating Iran’s Revolutionary Guard As Terrorist Organization
Trump Invites “Crushing” Response After Designating Iran’s Revolutionary Guard As Terrorist Organization While Trump’s just announced decision to decertify the Iranian nuclear deal, giving Congress 60 days to decide whether to unwind Obama’s landmark deal, was widely leaked previously even though few can point to what terms of the agreement Iran has violated, one aspect […]
“Nothing More Than Ash And Bone” – NorCal Wildfires Now Deadliest In State’s History
“Nothing More Than Ash And Bone” – NorCal Wildfires Now Deadliest In State’s History Over five days, the cluster of wildfires that’ve broken out in California’s wine country have claimed at least 31 lives – making this the deadliest week for wildfires in the state’s history. And with the remains of many incinerated homes still […]
Shocking Aerial Footage Shows Devastating Aftermath Of “California’s Deadliest Wildfire Disaster”
Shocking Aerial Footage Shows Devastating Aftermath Of “California’s Deadliest Wildfire Disaster” With at least 29 dead, and over 3500 houses destroyed, the devastating series of fires that has ravaged Northern California’s Wine Country has to be seen to be believed. As smoke clogs the air up to 100 miles away and with schools and sports […]
NorCal Wildfires Death Toll Climbs To 23 As “Destructive” Winds Fan Flames
NorCal Wildfires Death Toll Climbs To 23 As “Destructive” Winds Fan Flames After slackening earlier in the week, the dry, nearly hurricane-force winds that have been fanning the flames in Northern California picked up again overnight, revitalizing what some are already describing as the most devastating wildfires in the state’s modern history. As of Thursday […]
Threat Of Devastating ‘Supervolcano’ Eruption At Yellowstone Is Greater Than Previously Thought
Threat Of Devastating ‘Supervolcano’ Eruption At Yellowstone Is Greater Than Previously Thought Scientists from the US Geological Survey who breezily informed the public that there’s “nothing to worry about” with regards to the Yellowstone caldera, a supervolcano that should it erupt could cause potentially hundreds of thousands of deaths, should be eating their words. Since […]
Madrid Gives Catalonia 5 Day Ultimatum To Clarify If It Declared Independence
Madrid Gives Catalonia 5 Day Ultimatum To Clarify If It Declared Independence With Spain’s prime minister having opened earlier in the day the path for Madrid to use a constitutional “nuclear option” to suspend Catalonia’s autonomy, demanding that the regional government makes clear whether it considers itself independent, moments ago Spain’s Prime Minister Mariano Rajoy […]
