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Porn Star Explains Why You Are A Scumbag Who "Gets In The Way Of Justice"

And here's the money shot... "...only arms dealers and scumbags set up asset protect vehicles like anonymous shell companies."


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As Seen On One Billboard: The San Francisco Housing Bubble

"Buy now or be forever priced out"?


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Crude Spikes After Biggest Inventory Draw In 2016

WTI's 'mysterious' spike into the NYMEX close extended after hours (almost as if someone knew something). Inventories drewdown 4.6mm barrels according to API (drastically less than the expected 2.85mm build). This is the biggest weekly draw since Jan 1. Cushing was expected to see a build of 100k (after 2 weeks of draws) but saw a considerably larger one at +620k. Distillates inventories built as Gasoline drewdown very modestly.


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What Bull Market?

...the market has created exactly $0 of additional purchasing power for investors over the past 15 years. That’s right, none, zilch, nada.


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This Is How You Keep The S&P Green For The Year

"Efficient" manipulation...


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Here Are Some Of The Americans In The "Panama Papers"

Today we finally get some answers to the question on everyone's lips: who are the Americans in the Panama Papers? Surprisingly, there are no politicians of note are in files but plenty of others. Among them: retirees, scammers, and tax evaders, all of whom found a use for secrecy of offshore companies.


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The First Virtual Reality President

"peddling virtual fiction..."


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What The Charts Say: Complacent, Complacent-er, Complacent-est

While breadth and seasonals are constructive, BofA's Stephen Suttmeier warns complacent put/call, VXV/VIX, and volume distribution are April risk factors.


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California Gov. Signs Minimum Wage Hike: Admits It "Doesn’t Make Economic Sense" As Locals Flee For Texas

As of midnight, both California and New York have signed the new $15 minimum wage into law. The irony of the situation, which will most certainly go under reported, is that even California’s Governor Brown knows that it’s not the right decision to make economically. Regarding the actual economic impact, California’s Governor Brown was quoted as saying that  "economically, minimum wages may not make sense."


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Inside The Biggest Short Squeeze Ever, A Surprise Emerges

Today, courtesy of JPM's Prime Brokerage, we can not only confirm that the move higher from the February lows was the biggest squeeze ever, but share a unique glimpse inside its mechanics, where something surprising emerges.


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Triffin's Paradox Revisited: Crunch-Time For The U.S. Dollar & The Global Economy

While all eyes on fixated on global stock markets as the measure of "prosperity" and "growth" (or is it hubris?), the larger force at work beneath the dovish cooing of central bankers is foreign exchange. The reality is that we're one panic away from foreign-exchange markets ripping free of central bank manipulation.


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Disastrous Ticket Sales, Ongoing Political Turmoil Put Brazil Olympics In Jeopardy

With only four month to go until the Brazil summer olympics, only half of the tickets have been sold. Brazil’s new minister of sports Ricardo Leyser suggested that the Brazilian government may purchase tickets that will be distributed to public schools. He said public officials must also work to boost worldwide confidence in Rio's ability to host the games and ensure travelers' safety.


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How The U.S. Treasury Just Crushed 80 Hedge Funds

The following list, according to Goldman Sachs, shows 50 stocks that most frequently appear among the largest 10 holdings of hedge funds. Spot the top one.


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