The Case For Real Assets: Buy Humilation, Sell Hubris

The price of 'real assets' (real estate, commodities, collectibles) relative to 'financial assets' (stocks & bonds) are at their lowest since 1926, and, as BofAML's Michael Hartnett suggests "buying humiliation and selling hubris" as investors are being forced to discount higher inflation and interest rates, as protectionism & redistribution themes are also aimed at boosting Main Street at the expense of Wall Street.

Security Agent Tells FBI What It Was Really Like To Work With Hillary Clinton

"Prior to CLINTON's tenure, being an agent on the Secretary of State's protective detail was seen as an honor and privilege reserved for senior agents. However, by the end of CLINTON's tenure, it was staffed largely with new agents because it was difficult to find senior agents willing to work for her. [Redacted] claimed to have had at least one conversation with Secret Service agents who experienced the same poor treatment."

The Story Changes: The Pentagon Is No Longer Sure Yemen Fired Missiles At A US Ship

The Pentagon declined to say whether the USS Mason destroyer was targeted by multiple inbound missiles fired from Yemen on Saturday, as initially thought, saying a review was underway to determine what happened. "We are still assessing the situation. There are still some aspects to this that we are trying to clarify for ourselves given the threat."

Netflix Soars 20% As Subscribers Smash Expectations But Cash Burn Explodes

There was some long overdue good news for Netflix longs, when moments ago NFLX reported that in Q3 revenue and EPS of $2.29 billion and $0.12 beat expectatations of $2.28 billion and $0.06 respectively. But the reason why the stock is surging 20% after hours is because the growth appears to be back as a result of a surge in Q3 streaming subscribers, which jumped by370K domestically and 3.2million internationally, far above the 300K and 2.0 million expected.

Everyone Has A Plan... And No One Has A Clue

Failure has been rescued from the jaws of success. An opportunity to provide a major sentiment boost has been spurned in favor of continuing confusion. Sadly, investors must persist in keeping at least one nervous eye fully focused on an unpredictable and incoherent Fed. It’s the real economy that misses out.

The "Evil Russia" Meme's Odor Of Desperation

News flash: every country with access to the Internet is in full hacking mode around the clock against every other country so engaged. Everybody’s doing it. It is perhaps a projection of America’s ongoing rape hysteria that we think we’re special victims of this universal activity. Rather, the Evil Russia meme seems a projection of our country’s own insecurities and contradictions.