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Dr. Lisa Bardack’s Faustian Bargain

When Dr. Lisa Bardack was asked to become Hillary Clinton’s personal physician in 2001, it had to have been a crowning moment in the career of the Mt. Kisco internist. Dr. Bardack could have anticipated little downside... Unfortunately, Hillary Clinton corrupts everyone who serves her.

Edward Snowden Warns, Whatever You Do, Don't Use Google Allo

Google Allo, the new “smart” chat app launched on Wednesday, is ‘dangerous’ and should be avoided, according to whistleblower Edward Snowden, because it will "record every message you ever send and make it available to police upon request."

Twitter Surges On Faber Report It Is "Moving Closer To A Sale"

Anyone who listened to Mark Maheney's downgrade of TWTR - noted earlier - and either sold or shorted the company overnight, is having an especially unpleasant day, because moments ago CNBC's David Faber reported that the company is moving closer to a sale.

Frontrunning: September 21

  • Bank of Japan's policy reset muddies markets' risk mood (Reuters)
  • BOJ overhauls policy focus, sets target for government bond yields (Reuters)
  • BOJ Shifts Policy Framework to Targeting Japan’s Yield Curve (BBG)
  • Fed Focus Turns to Dots as Hike Odds Fade: Decision-Day Guide (BBG)
  • Oil jumps after surprise drop in U.S. crude inventories (Reuters)

Frontrunning: September 19

  • Global Stocks Rise, Buoyed by Commodities (WSJ)
  • For Yellen, a September Fed surprise could close confidence gap (Reuters)
  • Robot detonates New Jersey device in latest bomb discovery (Reuters)
  • Syria Truce Hangs in Balance Amid Attacks, Lack of Aid (WSJ)
  • Merkel’s Party Suffers Worst Berlin Loss of Postwar Era (BBG)
  • China’s Home Prices Rise Most in Six Years as Sales Gain (BBG)

Six Striking Observations About Corporate Debt

"It is usually a bad idea to buy corporate high yield bonds late in an economic upturn. Let me share some facts with you that undermine the perception outlined above..."

Les Deplorables: "Enough Is Enough"

They may not live at the level of Victor Hugo’s “Les Misérables,” but it was only a matter of time before les déplorables - our own writhing mass of unheard Americans - rebelled against the intellectual elites’ ancien régime of political correctness.

Deconstructing The "Median Income Bullshit"

What do you do when the economy isn't growing the way you want it to but you need to win an election in the very near future?  Well, one option is to have the Census Bureau change its data collection methodology to goal seek the desired income growth.