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Tuesday Humor: The Paperclip Is Back With Year-End Tax Planning Advice

The infamous Microsoft help paperclip makes a timely appearance, providing options for all of your year-end tax planning needs.


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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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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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'Economic Models' Forecast GOP White House (With Or Without Trump)

"The model doesn't know or care if there are two or 10 candidates... It knows the economics and whether marginal swing voters will keep the incumbent party in or not...the logic that says that these models should have worked over the past few decades also says that they should work in this election cycle, too."


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

"Efficient" manipulation...


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The First Virtual Reality President

"peddling virtual fiction..."


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