8.5%

The Waiting Is The Hardest Part

"During the peaking process, the siren call to join the party is incredibly hard to resist. Waiting out the irrational exuberance leading up to a market top is painful. Profitable returns are everywhere. How can you turn down making such easy money? As Tom Petty sympathized: The waiting is the hardest part."

Spanish Stocks Slammed To 7-Month Lows As Credit Risk Spikes

While the world desperately tries to shrug off the implications of Catalonia's independence vote (and Rajoy's warnings of potential reactions), investors are rapidly exiting positions in Spanish stocks and bonds as sovereign risk explodes...

The Danger Of Patriotism

"The phony form of patriotism instilled within the population is strong leverage against independent thinking, keeping people ignorant of the treason by our own government...One can love his country but hate his government and its actions..."

Earthquake Detected Near North Korea Nuclear Test Site; China "Suspects Explosion"

In what may be the latest major escalation involving North Korea - and potentially the nation's 7th nuclear test - China's earthquake administration said it detected a magnitude 3.5 earthquake in North Korea, which it suspects "was caused by an explosion", raising fears that the rogue state has tested another nuclear bomb.