Neil Ty - The Scientism Guy

Neil deGrasse Tyson has released a new video to call out the obstinate, ignorant voters who deny what many regard as certain truths handed to them by a body of elite, trustworthy scientists. Yet Tyson and the marchers border on an equally dangerous view: scientism.

Wells Meeting Turns Into Screaming Match, Shareholder Kicked Out After "Physical Approach" Toward Board Member

What may be the most controversial annual shareholder meeting in Wells Fargo history, in which the board is seeking re-election after last year's misselling scandal, devolved into a screaming match on Tuesday morning and was briefly halted following interruptions by angry shareholders as the bank's chairman and chief executive tried to calm nerves ahead of a vote that could oust the majority of its board.

Dow Tops 21,000

Macron wins Round 1 and two major gap open days later... Dow 21,000 and everything is awesome again...

New Home Sales Jump, Tied For Highest Since 2008 As Median Selling Price Rebounds

Confirming the strong housing data reported earlier by Case-Shiller which showed the fastest pace of home price appreciation since 2014, moments ago the Census reported that New Home Sales rose 5.8% in March to an annual pace of 621K units, just shy of the highest print going back to January 2008, and solidly beating expectations of a 585K print. 

Consumer Confidence Stumbles As Stock Market Optimism Plunges Most In 15 Months

After rising almost incessantly for the last few months (post-trump), The Conference Board's consumer confidence index dropped in April (though remains near decade-long highs) with a notable drop in 'expectations' (and business conditions weakening). Furthermore, the 'expectations for future stock market increases' which reached its highest since the peak in 2000 in March, tumbled in April.

Dow Rallies To Critical Resistance (Despite Jump In VIX)

The Dow is up over 200 points this morning on the heels of better than expected earnings for CAT and MCD (among others). This surge has erased all of the losses since March 21st (when the market tumbled after disappointing bank earnings). The 'odd' action today is that amid this exuberant equity buying, VIX is jumping, back above 11.

Ivanka Trump Booed At Women's Conference In Berlin

Ivanka Trump faced a hostile reception during a women's panel in Berlin, when the audience booed and hissed at the first daughter on Tuesday after calling her father a "tremendous champion of supporting families."

Security Forces Put On Alert As Trump Set To Ban Laptops On Planes Originating From Europe

Devices have already been banned on all flights originating from Turkey, Lebanon, Egypt, Saudi Arabia, Jordan and Tunisia and now British Intelligence sources have said they are bracing for more widespread implementation that could ban the devices on every flight leaving Europe for the United States, including those originating from major airline hubs in London.

NASDAQ Rises Above 6,000 For The First Time Ever

Another day, another market record, this time in nice round numbers, as the Nasdaq hits new all time highs, rising above 6,000 for the first time ever, driven by the familiar five tech giants Amazon, Apple, Facebook, Google, Microsoft, which together now account for over 10% of the total US market cap.

US Home Prices Rise At The Fastest Pace Since July 2014

While it is unclear if the Chinese, tired of fighting regulations in Canada, are behind the latest jump in home prices, today Case-Shiller reported that its index of Top 20 cities rose at a 5.9% annual rate, the highest increase since July 2014, citing tight supply and growing housing demand.