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Archive Monthly Archives: April 2018

Trump Bashes "Insane" Iran Deal, Wipes Dandruff Off Macron's Shoulder

Update: Macron and Trump have been meeting for barely an hour, and it appears they’ve already made progress on a number of issues. Here are a few headlines. More are expected. TRUMP SAYS HE AND MACRON COULD HAVE AN AGREEMENT SOON ON IRAN TRUMP SAYS AFTER TALKS WITH MACRON HE BELIEVES THEY HAVE SOLUTIONS TO […]

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Kogan Exposes "Hypocrite" Zuckerberg: "Tens Of Thousands" Of Data Harvesting Apps Out There

Aleksandr Kogan, the computer scientist at the center of the Facebook data harvesting scandal, said Mark Zuckerberg is “totally” a hypocrite in a Monday CNBC interview. Kogan made headlines in March after the New York Times and The Guardian reported that political data firm Cambridge Analytica bought data on as many as 87 million Facebook users – harvested by Kogan’s personality […]

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Technically Speaking: 5 Key Indicators To Watch

Authored by Lance Roberts via RealInvestmentAdvice,com, In this past weekend’s newsletter I discussed the market hitting “the wall” last week. This failure at the downtrend resistance keeps us on a defensive posture for now, but still allocated to the market as the longer-term bullish trend remains intact. I know. It’s confusing. However, this is the difficultly in navigating potential […]

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Trump Says There's A "Good Chance" Of Trade Deal With China

During a brief meeting with reporters following the first part of his White House meeting with French President Emmanuel Macron, President Trump said the two were making good progress toward an agreement to keep the US from walking away from the Iran deal. Then Trump’s comments quickly turned to the subject of the US’s simmering […]

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Caterpillar Plunges, Wiping Out 5% Gain After Surprising Guidance

It was supposed to be Caterpillar’s day. Early this morning, the CAT reported another set of blowout numbers, with Q1 EPS of $2.82 on Exp. $2.11, on revenue of $12.90, also smashing estimates of $12.07BN. The company’s commentary was stellar, seeing growth across all verticals: Construction: “expects broad-based growth in all regions in 2018, with […]

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Russia Buys 300,000 Ounces Of Gold In March – Nears 2,000 Tons In Reserves

Submitted by GoldCore, Russia buys 300,000 ounces of gold in March and nears 2,000t in gold reserves Russia now holds just over 1,890 tonnes, more than officially reported by China at 1,842t Both Russia and China have the power to destabilise US dollar by dumping dollar-denominated assets Turkey has removed all gold held in the […]

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Facebook Shares Sink On Report Cyber Criminals Are Hawking Stolen Identities On Its Platform

Anybody who watched Facebook CEO Mark Zuckerberg’s tedious multiday testimony before Congress earlier this month might recall a particularly heated segment during the second day of hearings where one Congressman harangued Zuckerberg about illegal opioids being openly sold on Facebook’s platform. At the time, Zuckerberg promised the lawmaker that Facebook would remove the offending posts […]

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Shorts Crushed In Biggest Dollar Squeeze Since The US Elections

The Dollar Index broke above the key 90.00 level, up 5 days in a row -the biggest spike since Dec 2016 – to its highest level since mid-January. With net speculative positioning at extreme shorts, and liquidity stress (Libor-OIS), one wonders how far the short squeeze can go… Breaking above its 100DMA for the first […]

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Connecting The Dots Of Big Data, Soaring Corporate Profits, And Trade Wars

Authored by Charles Hugh Smith via OfTwoMinds blog, It’s self-evident that we cannot possibly understand trade, soaring corporate profits, Facebook’s data collection or the economy without understanding the core role played by Big Data in reaping outsized profits and pushing narratives. Let’s connect the dots between these two comments from longtime correspondents: the first is […]

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Annual "Key Resolve" Military Drills Involving US, South Korea Will Begin Later This Week

Three weeks after the US and South Korea started their annual Foal Eagle joint military exercises – which had been delayed as a gesture of openness to North Korea during the Olympics and Paralympics in Pyeongchang – South Korean news agency Yonhap reported Monday that the second phase of the annual military exercises, known as […]

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