Why Credit Suisse Thinks Millennials Are The "Unluckiest" Generation

"The Millennials have not been a lucky cohort so far...  Some have had substantial family help in paying for education and buying homes, and some stand to inherit from wealthy boomer parents in the future. But there are many Millennials who have not been so fortunate...."

RNC Pulls Financial Support From Roy Moore

The Republican National Committee has pulled its financial support from GOP Senate hopeful Roy Moore by severing official fundraising ties, leaving Moore "increasingly isolated as he confronts charges of sexual misconduct with teenagers.

"FALLCHILL": DHS, FBI Release Details On North Korean Hacking Tools

"Today, DHS and FBI released a pair of Joint Technical Alerts (TA17-318A and TA17-318B) that provide details on tools and infrastructure used by North Korea to target the media, aerospace, financial, and critical infrastructure sectors in the United States and globally.

Buffett Adds Another 3.9 Million Apple Shares, Cuts IBM, Wells Fargo Shares: Full Q3 Holdings

Traditionally one of the most boring, and telegraphed 13-Fs, today's update of Berkshire holdings did not contain any major surprises, well maybe with one exception: while it was already well-known that at the end of June Buffett converted roughly 700 million Bank of America preferred shares into common, which now appear on Berkshire's 13F, there were two notable changes.

Mauldin: The Distribution Of Pain

"Our socioeconomic situation is not going to get better, not for a long time... we’re going to see increasing tension and fragmentation in our society."

WTI/RBOB Extend Losses After Huge Crude Build

WTI/RBOB prices tumbled today on demand outlook cuts (and late comments from Brazil and Russia with regard OPEC cuts) ahead of tonight's API report which is expected to show crude and gasoline draws. However, WTI/RBOB prices extended their losses as Crude  (biggest in 9 months) and Gasoline saw significant builds.

The Unbearable Slowness Of Fourth Turnings, Part 1

"Don’t think you can escape the Fourth Turning the way you might today distance yourself from news, national politics, or even taxes you don’t feel like paying. History warns that a Crisis will reshape the basic social and economic environment that you now take for granted. The Fourth Turning necessitates the death and rebirth of the social order..."

McConnell: Senate Tax Bill Will Strip Obamacare Mandate

In what is emerging as the latest potential stumbling block for the passage of GOP tax reform, on Tuesday afternoon Senate Majority leader announced that the Senate tax bill will include language to repeal ObamaCare’s individual mandate, a move which could make passage prolematic as it could withdraw support from moderate Republicans

Jim Chanos Adds To Tesla Short, Sees Musk Stepping Down

“Put it this way. If you wouldn’t be short a multi-billion-dollar loss-making enterprise in a cyclical business, with a leveraged balance sheet, questionable accounting, every executive leaving, run by a CEO with a questionable relationship with the truth, what would you be short? It sort of ticks all the boxes.”