Finland

Where People Trust The News Most (And Least)

With Facebook rolling out new Soros-sponsored features designed to tackle the spread of 'fake news' across America, we thought it worth looking at just how trusted (or not) the media are around the rest of the world...

Frontrunning: December 19

  • Electoral college expected to officially select Trump (Reuters)
  • China says discussing return of undersea drone with U.S. military (Reuters)
  • Neutral PBOC Sets Up First U.S.-China Tightening Since 2006 (BBG)
  • Wall St sleepwalking into Trump volatility surge (FT)
  • Ukraine's largest bank rescued by state, prompts call for calm (Reuters)

Europe: Illegal To Criticize Islam

While prosecuting and sanctioning people who criticize Islam is becoming more common in Europe, this practice used to be reserved only for Muslim countries officially governed by sharia law, such as Saudi Arabia or Pakistan, where it is forbidden to insult Islam. It is a pity that European courts and other state bodies have begun taking their cues from Islamic law.

Meet The Real "Fake News"

Question: "Do you have any people being paid by the CIA who are contributing to a major circulation — American journal?"
Answer: "We do have people who submit pieces to American journals."

Frontrunning: October 28

  • European Stocks Fall on Earnings as Bond Rout Eases; Metals Rise (BBG)
  • Wall Street’s Frantic Push to Hire Coders (BBG)
  • In Germany, Syrians find mosques too conservative (Reuters)
  • Oregon militants acquitted of conspiracy in wildlife refuge seizure (Reuters)
  • Some Cities Want Their Immigrants to Vote (BBG)
  • Americans Are Dying Faster. Millennials, Too (BBG)

RBC: "That Is VaR Crushing DV01 Destruction At Its Finest"

The absolute focus overnight / today is “core” macro though, as global developed market rates are being re-priced “risk manager style,” particularly with EGBs under MAJOR pressure as the buyside is caught wrong-footed (as I type, Slovak 10Y +7.2bps, Denmark 30Y +9.4bps, Netherlands 30Y +9.9bps, Finland 30Y +10.1bps, German 30Y +9.9bps, Austria 30Y +9.3bps…and even front-end seeing outsized moves with the Belgian 2Y +2.2bps).  That is VaR crushing DV01 destruction at its finest. 

Dump "Don't Treat Us Like Dogs, You Son Of A Bitch" Duterte... For Starters

Alliances are transmission belts of war. So our Founding Fathers taught and the 20th century proved. A U.S. decision to terminate the Mutual Defense Treaty (with Philippines) would also send a wake-up call to every ally: America’s Cold War commitments are not forever. Your security is not more important to us than it is to you. As Donald Trump has been saying, we are starting to put America first again. On this, maybe even President Obama could find common ground.

NSA Whistleblower: US Intelligence Worker Likely Behind DNC Leaks, Not Russia

[w]e have the information... If the F.B.I. asks, we are ready to supply the I.P. addresses, the logs, ... but nobody contacted us. It’s like nobody wants to sort this out...analysis of the internal data allows [us] to confidently refute any conclusions about the involvement of the Russian special services in this attack..."

"A Pretext Is Needed": A False Flag May Be Imminent To Drag U.S. Into War

With so many bizarre events taking place leading up to the election, few Americans are even grounded in reality any more. Perhaps the powers that be, with new and ready scapegoats – like Donald Trump, ISIS or Russia – think that the populace can again be convinced to surrender their liberties and consent to war if a new attack is staged. They have done it, and they will do it again...

Two Thirds Of Young American Adults Live With Their Parents

There has been a 3.9% increase in the number of young adults living with their parents from 2007 to 2014, significantly higher than the OECD average. As a result, today, about 66.6% of American 15- to 29 year-olds live with their parents as opposed to on their own or with a roommate, compared to around 62.8% before the crisis.