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WSJ Editor-in-Chief Admits To Davos Elites ‘We No Longer Own The News’
WSJ Editor-in-Chief Admits To Davos Elites ‘We No Longer Own The News’ Thanks to the internet and (shrinking) press freedoms, legacy media outlets no longer have a monopoly on information and narratives. Case in point, during a WEF discussion at Davos entitled “Defending Truth,” Wall St. Journal EIC Emma Tucker lamented this loss of control over ‘the […]
OPEC+ Keeps Oil Production Unchanged, Maintains 2MMb/d Output Cut After Launch Of Russia Price Cap
OPEC+ Keeps Oil Production Unchanged, Maintains 2MMb/d Output Cut After Launch Of Russia Price Cap Two weeks ago, oil tumbled after the WSJ reported a fake news hit piece quoting “delegates” who “said” that Saudi Arabia was preparing for a 500K oil production hike. We quickly countered that this was ridiculous and if anything OPEC+ would seek […]
Oil Tumbles On Report Saudis Agree To Partial Ceasefire With Yemen
Oil Tumbles On Report Saudis Agree To Partial Ceasefire With Yemen With the price of oil still on edge over the duration of Saudi Aramco repairs and speculation over how long until Saudi oil output is fully restored, moments ago Brent tumbled after a WSJ report that Saudi Arabia – which is hoping to come […]
China Deleveraging Hits Corporate Bonds As Cascade Effect Begins
China Deleveraging Hits Corporate Bonds As Cascade Effect Begins Following the market lockdown during October’s Party Congress, many commentators were disturbed by the continued rise in Chinese government bond yields as we returned to “business as usual”, with the 10-year rising to 4%. At the beginning of this month, we discussed the sell-off (see “China: […]
China Accuses US Warship Of “Trespassing” In Disputed Waters, Warns It To “Leave Immediately”
China Accuses US Warship Of “Trespassing” In Disputed Waters, Warns It To “Leave Immediately” In the first unofficial challenge to Beijing over China’s domination of disputed waters in the South China Sea since President Trump took office, a US navy warship sailed within 12 nautical miles of an artificial island built up by China in […]
Superhero Snowden Trashed In Absurd WSJ Op-Ed
Superhero Snowden Trashed In Absurd WSJ Op-Ed Edward Jay Epstein has an op-ed in the Wall Street journal promoting his new book “How America Lost Its Secrets: Edward Snowden, the Man and the Theft”. Epstein discusses the Fable of Edward Snowden At the forefront of Epstein’s claims is the fact that Snowden lied. “As he seeks a […]
Italy Granted “Extraordinary ” €150BN Bank Bailout Program To Prevent “Panic, Run On Deposits”
Italy Granted “Extraordinary ” €150BN Bank Bailout Program To Prevent “Panic, Run On Deposits” As we noted today, the rumors of an Italian bank bailout, which started on Monday morning, and were promptly shot down by Merkel the next day, got louder after a Reuters report that the Italian government is considering more creative ways to inject liquidity […]
The FOMC Decision – Studying the Flight of Birds and Gold
The FOMC Decision – Studying the Flight of Birds and Gold Federal Open Yawn Committee puts Kremlinologists all over the World to Sleep … The Fed’s monetary policy statement delivered on Wednesday was the non-surprise/yawn-inducer of the year. Readers can take a look at the trusty WSJ statement tracker, which reveals that apart from a few […]
Today Financial Journalism Suffered An Epic Failure
Today Financial Journalism Suffered An Epic Failure Earlier today we reported about a very sad development for the freedom of speech, or at least the illusion thereof, when one of, if not the best, critical Federal Reserve reporter in the mainstream media, WSJ’s Pedro da Costa founds he was no longer “invited” to the Fed’s quarterly press […]
