Tuesday, January 10, 2017

Mario Draghi's Email Was Hacked By A High-Ranking Mason

The most unexpected story of the day - a massive hacking operation involving the head of the ECB and Italy's most prominent politicians, and lasting for years - just took a bizarre turn for the surreal...

Charleston Church Shooter Dylann Roof Sentenced To Death

Dylann Roof, the shooter who was found guilty in the murder of nine people praying at a black church in Charleston, South Carolina, in June 2015, will be put to death after a jury of his peers deliberated on the sentencing for just three hours.

Iran Nuclear Deal - Alive Or Dead?

If, however, in the absence of a violation of the treaty by Iran, we tore up the deal, we could find ourselves isolated. For Britain, France and Germany also signed, and they believe the agreement is a good one. Do we really want to force these NATO allies to choose between the deal they agreed to and a break with the United States?

Three "Cartel" FX Traders Criminally Charged With Currency Rigging

Moments ago, U.S. prosecutors charged three traders who made up the infamous "Cartel" currency rigging chat room, and who were at the heart of a criminal investigation that has ensnared the world’s biggest banks over the rigging of currency rates.

Oil Holds Losses After Inventory Data Shows More Builds

Having tumbled to a $50 handle during the day session, WTI Crude whipsawed to unchanged after API reported 1.53mm crude build (in line with expectations), a Cushing draw, and builds again (after last week's massive builds) for gasoline and distillates.

"Permanently High Plateaus", "This Time Is Different", & Other Common Trading Mistakes

Throughout history, as shown in the chart below, prices have ALWAYS, and I repeat ALWAYS, eventually found their limits. There has never been a “permanently high plateau” that inoculated investors from devastating consequences of misconceived and poorly managed investments.

Live Webcast: Jeff Gundlach Kicks Off 2017 With His "Just Markets" Presentation

One month after his webcast titled optimistically "Drain the Swamp", which may have been an unduly optimistic look at the impact of the upcoming Trump administration, today at 4:15pm ET (1:15pm PT), bond king Jeff Gundlach kicks off the new year by holding his first for 2017 monthly DoubeLine webcast, titled "Just markets."

Bullion, Biotechs, & Banks Bid As Bonds & Black Gold Skid

"Remarkable Progress" - Obama Farewell Address Preview

Presented with no comment...

Trump Rally Starting To Thin Out

Despite the recent string of Nasdaq new highs, more stocks have been declining than advancing.

Live Stream: Key Things To Watch For At General John Kelly's Confirmation Hearing

After an interesting morning of questioning by the Judiciary Committee of Senator Jeff Sessions, complete with numerous interruptions by disaffected, Hillary-supporting snowflakes seeking their 15 minutes of fame, Retired General John F. Kelly is set to take the hot seat before the Senate's Homeland Security and Governmental Affairs Committee at 3:30PM EST.  We'll set the over/under for the first protester interruption at 3 minutes...

Peak GroupThink?

Wall Street strategists are abiding by a new motto these days: When in doubt, copy everyone else.

For Bill Gross, This Is The Only Thing That Matters For The Market Right Now

"This is my only forecast for the 10-year in 2017. If 2.60% is broken on the upside – if yields move higher than 2.60% – a secular bear bond market has begun. Watch the 2.6% level. Much more important than Dow 20,000. Much more important than $60-a-barrel oil. Much more important that the Dollar/Euro parity at 1.00. It is the key to interest rate levels and perhaps stock price levels in 2017." - Bill Gross

Healthcare Chaos Emerges After Trump Backtracks, Demands Immediate Repeal Of "Catastrophic" Obamacare

Backtracking on a position held as recently as yesterday (according to the WSJ), Trump today pressed Republicans to move forward with the "immediate repeal" of Obamacare, and to replace it very quickly thereafter, saying, “We have to get to business. Obamacare has been a catastrophic event.” The only problem is that there is no way to rush a replacement, and it could take as long as two years (or more).

Man Furious After Cops Issue Him Ticket for Warming Up His Car in His Own Driveway

by Matt Agorist, The Free Thought Project:
Roseville, MI — In Police State USA, warming up your car in your own driveway can land you in jail, or worse. Residents across the land of the free are quickly learning how unfree they actually are as they are issued citations for everyday activities such as allowing your engine to warm up on a cold morning.
Nick Taylor, of Roseville, Michigan, has taken to social media to express his anger over police issuing him a notice of extortion (citation) for doing what millions of people every morning do across the country.
“Every person warms up their car,” Taylor said. “We live in Michigan!”
If you don’t think a citation for warming up your car will land you in jail — try not paying it. If you don’t think a citation for warming up your car can lead to your death — try resisting your captors when they come after you for nonpayment.
Read More


No comments:

Post a Comment