"Japan Has No Illusions That Rates Will Ever Rise": Is This What The Endgame Looks Like

"Whatever the policies, Japan has already tried them. Japan is far more advanced in fully monetizing its debt by utilizing multiple asset classes, from bonds to equities. It also accepts that normalization is not feasible, and unlike the Fed, it has no illusions that rates could ever rise or that deep labour market reforms are either possible or desirable."

Kass Warns: "The Scent Of Group Stink Is As Strong As In 2000 & 2007"

Golfer Tom Watson once wrote, “Sometimes thinking too much can destroy your momentum.” And most investors and traders, in a reactionary mode, seem to prefer to adopt such a strategy. But, I vividly remember the positive and incessant price momentum in early 2000 and late 2007 that appeared impossible to divert until, all at once, an important change in price trend occurred, seemingly overnight. The market consequences were ugly.

Russell Brand On The Benefits Of Legalizing Drugs

"My personal experience is making drugs illegal simply inconveniences addicts, turns addicts into criminals, and exacerbates the problems...by legalizing drugs, you would be able to address the problem at its essence - a mental health problem"

Iran Releases Video Showing Off Brand New Ballistic Missile

"The 2,000-km-range missile can carry the warhead 1,800km away," the Commander of Iran's Islamic Revolution Guards Corps told reporters on Friday. "The specification of this missile is that it can carry several warheads instead of one to hit several targets."

Earthquake Detected Near North Korea Nuclear Test Site; China "Suspects Explosion"

In what may be the latest major escalation involving North Korea - and potentially the nation's 7th nuclear test - China's earthquake administration said it detected a magnitude 3.5 earthquake in North Korea, which it suspects "was caused by an explosion", raising fears that the rogue state has tested another nuclear bomb.