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Archive Monthly Archives: November 2017

Fed's Kaplan Fears "Excessive Financial Imbalances", Warns "We Are Vulnerable To Rapid Reversals"

Dallas Fed President Robert Kaplan just went full 1996 Greenspan… In an esay designed to explain “A Balanced Approach to Monetary Policy”, Kaplan included an ominous section pointing at the very significant bubbles that have been blow in recent years… Monitoring for Evidence of Building Imbalances As a central banker, I want to be vigilant […]

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Stop Lying, and Maybe People Will Support Your Cause

Via The Daily Bell Nothing makes me dig in my heels like dishonesty. I don’t care how good a cause is. If someone is lying to get support, they don’t deserve it. They end up doing more damage to their cause with their dishonest tactics. Here’s the thing, I love the environment. Spending an afternoon […]

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US And South Korea To Conduct Massive Air Force Exercise Aimed At North Korea

Via TheAntiMedia.org, The U.S. and South Korea announced Friday they will conduct a massive air force exercise over the Korean Peninsula next month as a notable show of force targeting North Korea – despite warnings that the Trump administration’s decision earlier this week to add North Korea to the United States’ list of state sponsors of terrorism could further provoke […]

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"When To Worry?": How Long After The Curve Inverts Does The Recession Begin

The recent (bear) flattening of the US yield curve to levels not seen since before the GFC, a move which has only accelerated in recent weeks as the stock market hit all time highs, has prompted some to question the strength of the US economic cycle, and others to ask outright how long before the […]

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Pentagon To Admit To 2,000 Troops In Syria; Number Likely Far Higher

Authored by Jason Ditz via AntiWar.com, General Had Previously Said US Had 4,000 Troops There… US officials said on Friday that the Pentagon is expected to concern confirm that there are “about 2,000” US ground troops in Syria, a major increase from the roughly 500 that they officially claim is the case. An accounting system, […]

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"Jones Would Be A Disaster" – Trump Tweets "The Last Thing We Need In Alabama" Is A Democrat

President Trump has been active on Twitter this morning, taking aim at the Alabama Senate race… The last thing we need in Alabama and the U.S. Senate is a Schumer/Pelosi puppet who is WEAK on Crime, WEAK on the Border, Bad for our Military and our great Vets, Bad for our 2nd Amendment, AND WANTS […]

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Will The Blockchain Render This Multibillion-Dollar Industry Obsolete?

Blockchain technology is on the cusp of disrupting another billion-dollar industry that most Americans (particularly members of the millennial generation) rarely think about: Boring old title insurance. Since the blockchain technology craze swept the US in 2015, technologists working to pinpoint new use-cases for the technology have been squawking about its potential to revolutionize how […]

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David Stockman Derides The Delirious Dozen Of 2017

Authored by David Stockman via Contra Corner blog, We have previously noted the massive market cap inflation and then stupendous collapse of the Delirious Dozen of 2000. The latter included Microsoft, Cisco, Dell, Intel, GE, Yahoo, AIG and Juniper Networks – plus four others which didn’t survive (Lucent, WorldCom, Global Crossing and Nortel). Together they represented a classic blow-off […]

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Bitcoin Tops $9,300 Amid "Extinction-Level Event For Banks.. And Maybe Governments Too"

Update: Bitcoin has continued to soar intraday – now topping $9,300 – with a total market cap over $156 billion, leaving the cryptocurrency worth more than Merck, Disney, and GE. Coinivore notes that the digital currency, once a toy for computer nerds, is now soaring in price, triggering a new gold rush. Is it just […]

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"Icon For Womens' Rights" Conyers Steps Down From Judiciary Committee Despite Support From Pelosi

Just hours after Democratic leader Nancy Pelosi took to NBC’s “Meet the Press” to defend accused serial sexual harasser John Conyers, asserting that Conyers is entitled to due process and adding that she ultimately believes he will “do the right thing,” the 88-year-old Congressman and civil-rights leader has begrudgingly announced that he will step aside […]

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