Three People Shot Following MLK Parade In Miami

Police and fire rescue crews are on the scene after three people were shot at Martin Luther King Jr. Memorial Park on Martin Luther King Jr. Day. According to Miami-Dade Police, three people sustained gunshot wounds at the park, located at 6011 N.W. 32nd Avenue, in Northwest Miami-Dade, Monday afternoon.

The Real Value Of Cash

If an individual is “literally” burying cash in their backyard, then the discussion of the loss of purchasing power is appropriate. However, if cash is a “tactical” holding to avoid short-term destruction of capital, then the protection afforded outweighs the loss of purchasing power in the distant future.

Two Things To Read On Martin Luther King Day

While MLK was a peaceful man, he was unquestionably a fierce revolutionary against the prevailing status quo. While his cause and struggle look so obvious now, in his day many segments of American society considered him the enemy, including the U.S. government. For example, we now know that the FBI actually wrote him a letter suggesting he commit suicide.

NYSE Short Interest Plunges To Lowest In Three Years

It turns out, he is not alone. As our friends at GaveKal point out, of the end of December, short interest dropped to its lowest level since early 2014, even as stock market indices hovered at new highs, suggesting that a short squeeze into the close of 2016 indeed took place as many trading desks suggested, and may have been responsible for the push higher in equity market toward the end of 2016.

From "Promise" To "Payback" - Here Are The Five Stages of The "Trump Trade"

There are five defining stages for the "Trump trade": Trading i) ‘the promise’; ii) the deal-making; iii) the enactment; iv) the economic impact, and, v) the payback. Trump’s press conference last Wednesday drew the line between ‘the promise’ phase, and, the stage where deliverables will become progressively more important. Here is what to expect next.

Obama Sends 10 More Guantanamo Detainees To Oman

Reconfirming that he has much left to accomplish in his final week in office, Obama has released another 10 Gitmo detainees that have just confirmed their safe arrival in Oman. 

"Losers Who Won't Lose" - John Lewis Versus Donald Trump

This is an enormous week in the United States: opening today with the Martin Luther King holiday, and culminating with the Presidential Inauguration. So it’s perhaps interesting to see a small spar between two individuals who are close to each event - Congressman John Lewis, a prominent figure from the Civil Rights Movement era, and President-elect Trump.

A New Problem Emerges For The Davos Elite

"There's a sense that the system is broken," said Richard Edelman, head of the Edelman Trust Barometer.  "The most shocking statistic of this whole study is that half the people who are high-income, college-educated and well-informed also believe the system doesn't work."

FBI Arrests Widow Of Orlando Nightclub Shooter

The wife of the man who carried out a deadly terrorist attack in Orlando, was arrested by the FBI in connection with the mass shooting, a law enforcement official said Monday.

America - Under New Management

Whatever the world will be treated to under the new American presidency, the words of Neil Innes ring true: “No matter who you vote for, the government always gets in.”

As Lewis Shuns Trump, MLK's Son Meets With President-Elect

As Congressman John Lewis - a prominent civil rights era figure - continues to shun the president-elect (for his illegitimacy), it appears none other than Martin Luther King Jr.'s son is willing to give him a chance. Trump's incoming press secretary, Sean Spicer, announced via Twitter that the two will meet and discuss the civil rights leader's legacy.

Five Dead, 15 Wounded After Gunman Opens Fire At Mexican Nightclub

A lone shooter fired on a crowd at a nightclub in Playa del Carmen, site of the BPM electronic music festival in Mexico early Monday, leaving at least five people dead and at least a dozen more injured. Local news reports suggest that the shooting came after a 'disagreement' and is connected to ongoing drug cartel wars in the area

Food-Stamp Recipients Can Now Order From Amazon, Other Online Retailers

Despite federal authorities in south Florida busting the largest food-stamp fraud operation in U.S. history last year, food-stamp recipients can use their taxpayer-funded benefit to order online from retailers like Amazon under a new Obama administration initiative that aims to facilitate the shopping experience for rural and urban residents. It marks the latest of many costly experiments by the administration to expand the fraud-infested program, which has seen a record-high number of beneficiaries under President Obama.

Trump Promises "Insurance For Everybody" In Obamacare Repeal

"We’re going to have insurance for everybody.  There was a philosophy in some circles that if you can’t pay for it, you don’t get it. That’s not going to happen with us.  It’ll be another plan. But they’ll be beautifully covered.