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Archive Monthly Archives: April 2018

Texas National Guard Deploying To Border Within 72 Hours; DOJ Enacts "Zero Tolerance" Policy

Arizona and Texas will be sending 400 National Guard members to the southern border in response to President Donald Trump’s Wednesday Executive Order directing the troops to “assist the border patrol” in guarding the nation’s existing border fence – and of course the many miles of completely unprotected crossing zones.  The troops will be armed […]

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Sandberg: Facebook Users Would Have To Pay To Opt Out Of Sharing Data

Facebook COO Sheryl Sandberg says that while Facebook doesn’t sell or give away its users’ information (it just allows third party apps to do that), the company still “depends on your data,” and if users wanted to completely opt out of all of the platform’s data-driven advertising, they would have to pay for it. Sandberg […]

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Illinois Town Bypasses Constitution, US Citizens Given 60 Days To Turn In Guns Or Become Criminals

Authored by Jack Burns via The Free Thought Project, Residents of a town in Illinois were just handed down an unconstitutional decree from their local government, they now have 60 days to give up their guns or be fined up to $1000 per day… As the state promises gun rights activists they’re not coming for […]

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Stealth Retaliation? Yuan Weakens 300 Pips Since Trump Doubled-Down On China Tariffs

The last time offshore yuan was this strong relative to the US Dollar, China devalued its currency, sending a ripple of broken carry-trades through the financial markets and raising volatility everywhere. In the 12 hours or so since President Trump announced plans for $100 billion in additional tariffs on China, offshore yuan has tumbled 300 […]

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March Payroll Miss Huge: Only 103K Jobs Added; Hourly Earnings Rise

Going into today’s payroll number, the whisper number was for a substantial miss because as Deutsche Bank noted this morning,” consensus estimate has overestimated the initial March nonfarm payrolls print in four of the last five years by an average of 62k.” Well, that almost exactly how much the consensus estimate of 185K was missed […]

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US Unveils Sanctions Against 7 Russian Oligarchs Including Putin Ally Oleg Deripaska

What was previewed earlier this week in a trial balloon clearly meant to burnish the Trump administration’s anti-Russia bona fides has now become a reality. The US Treasury Department has announced sanctions against seven Russian oligarchs and 17 top Russian government officials as well as 14 entities including private and state-owned firms. The most prominent […]

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US Equities Spike After China Threatens Immediate Retaliation, Withdraws From Negotiation

In the new normal world where The Dow spike 1000 points on no volume following headlines about the worst trade war since the great depression, it should not be surprising that the first reaction following escalating headlines from China is a vertical panic-buying attempt by the machines… The post-payrolls disappointment dip was followed by a […]

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Part-Time Jobs Added: 310K; Full-Time Jobs Lost: -311K

One look at recent trends in the payrolls data, especially the important numbers beneath the headlines, and one will be left with the impression that there is an unprecedented amount of (political) data goalseeking, if not outright manipulation, taking place at the Bureau of Labor Services. Case in point, last month we reported that in […]

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"We May Take A Hit": Trump Warns Investors To Prepare For "Pain" In The Market

Two days ago, when we commented on the early morning plunge in stocks (which was subsequently fully reversed by the close in a historic 800 point Dow reversal), we said that a long-standing question – will Trump pick plunging stocks or trade war – had finally gotten its answer when CNBC’s Eamon Javers said that […]

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Facebook Admits "Most" Of Its 2.2 Billion Users Exposed To Data Scraping, "Malicious Actors"

Facebook has admitted that “most” of its 2.2 billion users “could have had their public profile scraped” by third parties without their knowledge, and that the personal information of up to 87 million people was improperly shared with Cambridge Analytica, the company disclosed on Wednesday.  “In total, we believe the Facebook information of up to […]

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