The Bubble That Could Break The World

The key to bubble analysis is to look at what’s causing the bubble. If you get the hidden dynamics right, your ability to collect huge profits or avoid losses is greatly improved. Based on data going back to the 1929 crash, this current bubble looks like a particular kind that can produce large, sudden losses for investors. The market right now is especially susceptible to a sharp correction, or worse.

As Markets Hit Record Highs, Stock Ownership Is Down (Except For Old & Rich People)

While mainstream media crows of the daily record highs in US equity market, overall stock ownership among US adults remains about 10 percentage points below its pre-crisis level. However, there are two demographic subgroups where ownership has held firm: Adults aged 65 and older and those with an annual household income of $100,000 or more.

Unclassified Documents Show Obama Intel Agency Secretly Spied On Americans For Years

The National Security Agency under former President Barack Obama routinely violated American privacy protections while scouring through overseas intercepts and failed to disclose the extent of the problems until the final days before Donald Trump was elected president last fall, according to once top-secret documents that chronicle some of the most serious constitutional abuses to date by the U.S. intelligence community.

Discoverer Of DNA's Double-Helix Banned From U of I For "Failing Test Of Decency"

Nobel Laureate James Watson, one of the world's most important living scientists, was set to give a lecture at the University of Illinois at Urbana-Champaign. Until he was disinvited - not because of anything related to his groundbreaking co-discovery of the structure of DNA but because some faculty members say he has racist views.

Cryptocurency Chaos: Bitcoin Bounces Back After Crashing As Asian Fever Re-Emerges

After crashing $500 from its intraday highs today, Bitcoin has bounced back $300 off its intraday lows extending gains into what is likely to be another frenetic Asian session. While there are numerous drivers of the recent action, 'scaling' and 'asian fever' are the greatest factors with Japanese and Korean premia exploding.

Wards Slashes 2017 Auto SAAR Forecast; Sees May Sales Down 1.9% YoY

"The seasonally adjusted annual rate for the month will be 16.9 million vehicles, down from 17.3 million last year.  While consumers will see substantial discounts this Memorial Day weekend, they are not expected to overcome the slowing demand in auto sales."