Muddy Waters Proved Right As Huishan Dairy Prepares For Liquidation

Huishan’s troubles should be a cautionary example for investors, said Charles Macgregor, head of emerging markets research at Lucror Analytics. “There is very likely more Huishans out there, this type of behavior is hardly isolated to a few bad apples.”

Bitcoin Nears $8000 After SegWit2x Fork

Despite miner support dropping to a mere 7% the SegWit2x fork is being attempted and for now there is no major impact aside to note that Bitcoin is rising on the day - testing $8000 for the first time.

As Oil Heads For Down-Week, Crude Stakes Are Huge

After five straight weeks higher - read by many as confirmation of how awesome the global coordinated recovery must be - WTI and Brent dropped this week as inventories rose, demand outlooks dimmed, and OPEC hope faded. Right now, there is a titanic struggle going on right now in the oil market.

Is America Really 'Up' For A Second Cold War?

Does China, even if she rises to surpass the U.S. in manufacturing, technology and economic output, and is a comparable military power, truly threaten us as the USSR did, to where we should consider war to prevent its expansion in places like the South China Sea that are not vital to America?

Just Two Charts

Before the cash equity market opens, we thought these two charts may help...

Virtue Signaling On Tax Cuts

As happens every time any sort of tax change that can be demonized as “tax cuts for the rich” is proposed, the Trump administration’s framework for tax reform has been met with “tax me more” virtue signaling...

Frontrunning: November 16

  • Senate Panel Approves Tax Plan as GOP Leaders Gird for Fight (BBG)
  • U.S. towns, cities fear taxpayer revolt if Republicans kill deduction (Reuters)
  • After House Victory, Tax-Overhaul Fight Now Goes to Senate (WSJ)
  • Analysts flee Wall Street with gallows humor as research changes loom (Reuters)
  • Tesla Unveils ‘World’s Fastest Production Car’ and Electric Big Rig (BBG)