Layering

Details Of "Suspicious" Manafort Wire Transfers Leaked From FBI Probe

As speculation mounts that Paul Manafort might be the target of the sealed indictments reportedly approved by Special Counsel Robert Mueller’s grand jury, Buzzfeed is reporting new details of Mueller’s probe into Manafort, seemingly a hint that he will in fact be one of, if not the only, target taken into custody tomorrow...

Whole Foods' Rivals Are Facing An Impossible Choice

WFM’s rivals are mulling a question that could decide their fate: Whether to follow suit and cut prices in one of the few segments of the food market that’s actually growing, or hold the line against their high-tech rival...

Spitznagel: Why Cryptocurrencies Will Never Be Safe Havens

"Cryptocurrencies are a very important development, and an enormous step in the direction toward the decentralization of monetary power. This has enormously positive potential, and I am a big cheerleader for their success. But caveat emptor - thinking that we are magically creating new stores-of-value and thus a new safe haven is a profound mistake."

Deutsche: The Fed Has Created "Universal Basic Income For The Rich" And Now It Can't Get Out

"The accommodation and QE have acted as a free insurance policy for the owners of risk, which, given the demographics of stock market participation, in effect has functioned as universal basic income for the rich. It is not difficult to see how disruptive unwind of stimulus could become. Clearly, in this context risk has become a binding constraint"

From "Dissensus" To "Democrazy": A Warning From Deutsche Bank

As anger and resentment continues to pile up after the recent "populist" disappointments, just how will the massed millions express their frustrations and anger with a system which is more broken - both politically and economically - by the day? Unfortunately, the all too obvious answer is most likely the correct one.

"All-Time-Highs"

"...central bankers seem to view elevated security valuations as “wealth.” The longer this fallacy persists, the worse the subsequent fallout will be. I have little doubt that future generations will look at the reckless arrogance of today’s central bankers no differently than we view speculators in the South Sea Bubble and the Dutch Tulip-mania. Unfortunately, there is no mechanism by which historically-informed pleas of “no, stop, don’t!” will penetrate their dogmatic conceit. Nor can we change the psychology of investors."

First Post-Brexit Bailout Looms As Bank Of England Mulls UK Property Fund 'Measures'

Who could have seen that coming? While many have questioned the "suitability of daily-traded, open-ended property funds that are giving investors access to an illiquid asset," all the time the price is rising, no one wants to rock the boat. However, now that Brexit has rocked the boat, spoiling the party for UK property investors and asset managers alike, it's time for Carney to ride to the tax-payer-funded bailout rescue to ensure Bear Stearns 2.0 does not become Lehman 2.0...

Six Reasons To Buy Gold In 2016

“Betting against gold is the same as betting on governments. He who bets on governments and government money bets against 6,000 years of recorded human history.” – Charles De Gaulle