Global Rally Fizzles After "OPEC Shock" In "Slow Risk-Off Session"

S&P futures were fractionally lower from yesterday's record high as European stocks declined and Asian stocks were mixed, pressured by yesterday's 5% plunge in crude after OPEC unexpectedly "failed to surprise" markets, and announced the bare minimum supply cut extension that was expected by oil traders, who in turn puked long positions.

FBI Refuses To Hand Over "Comey Memos" To Congress

House Oversight Committee Chairman Jason Chaffetz said today that the FBI had decided to withhold documents requested by his committee in regards to the ongoing Russia probe. This was revealed in a letter sent by Chaffetz to the FBI responding to the agency’s decision to withhold documents requested by the Committee on May 16, 2017.

Investing Wisdoms... Spot What's Missing

"Experience is an expensive commodity to acquire, which is why it is always cheaper to learn from the mistakes of others... not one of the investing greats in history ever had "buy and hold" as a rule."

Around The World In 80 (Crazy) Taxes

From a pro-smoking tax in the Hubei province of China to a tax deduction for exceptional trees in Hawaii, there’s a few eyebrow raisers in here...

Censoring You To "Protect" You

The editor of The Vanguard at Portland State University decided that it was more important to cover up a story than to break it, more important to evade truths than to expose them, and more important to treat students -- and the wider world -- as children rather than thinking sentient adults able to make up their own minds.

Smartphone Addiction Tightens Its Global Grip

How long is it since you last used your phone? Chances are, you're using it right now to view this post. Analysts from Statista's Digital Market Outlook have revealed that the amount of time we're spending with our smartphones online has increased substantially over the last few years.

A New Financial System Is Being Born

"Many of us who lived through the 2008 crisis knew the financial system was dead. We knew it was corrupt, archaic and terminal, so many of us began bracing for what might come next. We did what we thought made sense at the time, which included buying precious metals like gold and silver given their historic track record of protecting wealth in periods of paradigm-shifting financial disruption, but a small group forward thinking geeks decided to do something much better. They decided to build an alternative."

Twitter Suspends WND For Seth Rich Story

"We have determined that you have violated the Twitter Rules, so we've temporarily limited some of your account features.  While in this state, you can still browse Twitter, but you're limited to only sending Direct Messages to your followers - no Tweets, Retweets, or likes."

Paul Craig Roberts On JFK At 100

"In his second term, JFK would have broken the CIA into a thousand pieces, an intention he expressed to his brother, Robert, and the Deep State would have been terminated before it became more powerful than the President. But the military/security complex struck first, and pulled off a coup that voided all these promises and terminated American democracy."

The Bubble That Could Break The World

The key to bubble analysis is to look at what’s causing the bubble. If you get the hidden dynamics right, your ability to collect huge profits or avoid losses is greatly improved. Based on data going back to the 1929 crash, this current bubble looks like a particular kind that can produce large, sudden losses for investors. The market right now is especially susceptible to a sharp correction, or worse.