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Kyle Bass Sounds Off On “Worthless” Puerto Rican Debt, The Crypto “Gold Rush”, And Guns
Kyle Bass Sounds Off On “Worthless” Puerto Rican Debt, The Crypto “Gold Rush”, And Guns With the dollar’s recent post-Fed bout of appreciation providing some much-needed relief for Haymarket Capital’s P&L, its founder Kyle Bass sat for an interview on Friday with Bloomberg’s Erik Schatzker. During the 20 minute discussion, Bass expounded on the importance […]
Julian Assange Outlines The 3 Simple Steps To “Being A Journalist In 2017”
Julian Assange Outlines The 3 Simple Steps To “Being A Journalist In 2017” Haven’t you heard? The Russians did it. Seemingly behind every major news event in the last number of years, Russia has been busy influencing world events simply by reporting on them, just like everyone else. And as RT notes, this, according to […]
Gunman Storms Saudi Royal Palace, Is Killed After Shootout With Guards
Gunman Storms Saudi Royal Palace, Is Killed After Shootout With Guards An armed attack took place on the Saudi Royal palace in Jeddah, with two Saudi guards shot dead while three others were injured on Saturday morning when a man drove up to the gate of the palace and began shooting, the interior ministry said […]
Paul Tudor Jones Warns Disastrous “Wealth Disparity” Will End In “Rev
Paul Tudor Jones Warns Disastrous “Wealth Disparity” Will End In “Revolution, Taxes, Or War” Having previously warned of the “disastrous market mania,” and told Janet Yellen to “be terrified” in April, legendary trader Paul Tudor Jones has a new message for CEOs, urging them to stop embracing the profit-above-all-else ethic creating massive wealth-inequality, or face […]
State Of Emergency Declared Across Southeastern US As Hurricane Nate Looms
State Of Emergency Declared Across Southeastern US As Hurricane Nate Looms Update (1 pm ET): With Nate expected to strengthen into a category 2 storm by the time it makes landfall in southeastern Louisiana late Saturday, the NHC has expanded its storm warnings to include the part of the Florida panhandle east of the Okaloosa/Walton […]
Why Are Washington’s Clients Getting Cozy With Moscow?
Why Are Washington’s Clients Getting Cozy With Moscow? Turkey, which has the second largest army in NATO, has been cooperating with Russia in Syria against Washington’s interests since last year and has recently placed an order for the Russian-made S-400 missile system. Similarly, the Saudi King Salman, who is on a landmark state visit to […]
Ominous Earthquake Swarm At Yellowstone Supervolcano Now One Of Longest Ever Recorded
Ominous Earthquake Swarm At Yellowstone Supervolcano Now One Of Longest Ever Recorded The rumblings beneath the formerly dormant supervolcano known as the Yellowstone caldera just won’t quit. And The ongoing earthquake swarm at the Yellowstone National Park supervolcano is now one of the longest ever recorded, having started on June 12. The ongoing earthquake swarm […]
Which American Cities Will File Bankruptcy Next?
Which American Cities Will File Bankruptcy Next? We harp on the massive, unsustainable, yet largely unnoticed, debt burdens of American cities, counties and states fairly regularly because, well, it’s a frightening issue if you spend just a little time to understand the math and ultimate consequences. Here is some of our recent posts on the […]
Maduro Visits Putin, Proposes Global Oil Trade In Rubles, Yuan
Maduro Visits Putin, Proposes Global Oil Trade In Rubles, Yuan Three weeks after the US imposed financial sanctions on Venezuela in an effort to cripple its economy and choke the Maduro regime, which in turn prompted Caracas to announce it would no longer receive or send payments in dollars, and that those who wished to […]
Kolanovic: “This Is What The Next Crisis Will Look Like”
Kolanovic: “This Is What The Next Crisis Will Look Like” There are two distinct parts to the latest, just released research note from JPM’s quant “wizard” Marko Kolanovic. In the first part, the infamous predictor of market swoons takes on an unexpectedly cheerful demeanor, and explains why contrary to his recent market outlooks, near-term risks […]
Spanish Showdown: Catalonia To Declare Independence “In Days” Puidgemont Says Despite King’s Condemnation
Spanish Showdown: Catalonia To Declare Independence “In Days” Puidgemont Says Despite King’s Condemnation As reported previously, in a sternly worded address to the nation, Spain’s King Felipe VI condemned organizers of Catalonia’s independence referendum for having put themselves “outside the law” and said the situation in Spain was “extremely serious”, calling for unity. In his […]
Russia Does Not Exclude Possibility Of War With NATO
Russia Does Not Exclude Possibility Of War With NATO Just days after the conclusion of Russia’s largest military exercise ever (which US military chiefs believe broke ‘observer rules’) and NATO’s massive war games, Pravda reports a recent Russian Defense Ministry report says that Russia is preparing for the possibility of a military conflict with NATO […]
“The End Of The QE Trade”: Why Bank of America Expects An Imminent Market Correction
“The End Of The QE Trade”: Why Bank of America Expects An Imminent Market Correction Last Friday, when looking at the historic, record lows in September volatility and the daily highs in US and global equity markets, BofA’s chief investment strategist Michael Hartnett said that the “best reason to be bearish in Q4 is there […]
Iran Deploys Tanks To Border With Iraqi Kurdistan
Iran Deploys Tanks To Border With Iraqi Kurdistan Days before last week’s Kurdistan referendum, Iran took steps to isolate and punish the Iraqi Kurdistan region and the government in Erbil (KRG). This included closing Iranian airspace to northern Iraq’s two international airports and sending Iran’s elite Revolutionary Guard forces to conduct drills along the northwest […]
