Twitter Suspends Account Of Conservative Law Professor "Instapundit" Over Charlotte Tweet

In a move that is certain to provoke more accusations of Twitter censorship, this morning Twitter has suspended the account of Glenn Reynolds, aka @instapundit and creator of the Instapundit blog, a University of Tennessee law professor and a conservative columnist for USA TODAY, following a tweet that urged motorists to run over demonstrators blocking traffic in Charlotte, N.C., caused an uproar.

Frontrunning: September 22

  • Stocks Advance in Unison With Bonds as Fed Inspires Global Rally (BBG)
  • Soothing Fed gives stocks their mojo (Reuters)
  • Yellen helps Clinton dodge a bullet (Politico)
  • State of emergency called to quell Charlotte unrest over police shooting of black man (Reuters)
  • Hillary Clinton Leads Donald Trump by Six Points in Latest WSJ/NBC Poll (WSJ)

So What Do We Do Now That The Fed Stood Still

That dud landed with a thud. It fits the FOMC’s desired narrative to have the latest decision called a “hawkish hold.” That’s a very sympathetic description of the event. We’re supposed to take comfort that the economy really is (we promise) getting closer to meeting the necessary goals, all meetings are live and they’ve got December in their sights. I’m sure it is. But we’ve heard it all before, as well as the caveats.

Soothing Fed Sends Global Stocks, US Futures, Commodities Higher

Following the Fed's "hawkish hold" and the BOJ's "confused contradiction", global risk (and non-risk) assets got the green light, and as a result stocks and bonds rallied in Asia and Europe, with US equity futures rising another 0.4%, advancing with oil and industrial metals, as iron surged in Chinese trading.

$195 Billion Asset Manager: "The Time Has Come To Leave The Dance Floor"

"When the supposed solutions to the Fed’s dilemma are merely new “problems,” you know you are approaching the cycle’s end... long-term investing is predicated on not just knowing where the happening parties are during the reflationary parts of the cycle but more importantly, knowing when the time has come to leave the dance floor. In our view, that time has already come."

Bill Fleckenstein Slams CNBC "Jerk" - "Don't Get In My Face Because I Won't Join Your Party"

Having been invited on to CNBC to discuss his views of the market, famous short-seller Bill Fleckenstein explained rather eloquently that QE4 is coming and people will wake up to the fact that central bankers "are the arsonists that create the fire, not the firemen that put it out." This non-mainstream view was treated with disdain by CNBC host Tim Seymour who slammed Fleckenstein for "missing out" on the "artificial market's" gains. The response was epic.

Italy's Earthquake: Will It Revive Their Economy?

As long as the Italian public will believe in “the blessings of destruction,” and in government-led recovery, which diverts capital from productive to nonproductive uses, earthquakes will continue to be, quoting Giovanni Birindelli “the health of democracries.” Meanwhile, politicians will have the intellectual power of using the broken-window scheme as an expedient to extend their tentacles over the private sector, in the form of more public debt, increased deficits, and higher taxes.

The "Deplorables" - Who We Are And What We Want

If you really want to know who we “deplorables” are it’s rather simple - we are the ones who refuse to participate in the operation of the machine. We are the cogs who refuse to cooperate. We will not grease the gears. We will not stoke the furnace. We will stop the whole damn thing in it’s tracks, because, for the sake of future generations, we must.

Wall Street Goes "All In" For Hillary Clinton

The U.S. economy is totally rigged. While in the past, you were expected to take on a great deal of risk to earn an outsized return, most large returns these days have been gamed to such and extent that they amount to riskless schemes through which the U.S. taxpayer funnels money upward to a handful of oligarchs. Hillary will unquestionably keep this system in place. Trump, we just don’t know. This is why the real players Wall Street want Hillary. They want the riskless pillaging of society to continue uninterrupted. As usual, money talks.