Monsanto

Tyler Durden's picture

China Crash Accelerates, Drags Composite Under 4000; US Futures Flat Ahead Of Nonfarm Payrolls





If it was Greece's intention to crush the Chinese stock market instead of Europe's, well - it succeeded.  Because despite the PBOC and politburo throwing everything but QE at the stock market, China stocks closed down sharply on Thursday after another wild trading day as investors shrugged off regulators' intensified efforts to put a floor under the sliding market, by cutting trading fees and easing margin rules, which has now crashed 25% in about two weeks wiping out $2.5 trillion of the peak $10 trillion in Chinese stock market cap as of June 14. This ultimately resulted with the Shanghai Composite closing under 4000 for the first time since April.

 
Tyler Durden's picture

Paul Craig Roberts: "Washington Is Impotent To Prevent Armageddon"





The West is impotent to prevent Armageddon. It is up to Russia and China, and as Washington has framed the dilemma, Armageddon can only be prevented by Russia and China accepting vassal status. This is not going to happen. Why would any self-respecting people submit to the corrupt West? The hope is that Washington will cause its European vassals to rebel by pushing them too hard into conflict with Russia. If European politicians were to break from Washington’s hegemony and instead represent European interests, Washington would be deprived of cover for its war crimes. The breakdown of the neoconservative unipower model would then be apparent even to Washington, and the world would become a safer and better place.

 
Tyler Durden's picture

"Ukrainians Have Been Dispossessed" Paul Craig Roberts Warns "Americans Are Next"





Americans are already dispossessed of their livelihoods and careers and their pensions are next. Wherever we look, the fate of populations under Western influence are the same. The Ukrainians are exploited, the Greeks, the British, the Americans. Wherever the West has an imprint, the populations are exploited. Exploitation of the many for the few is the Hallmark of the West, a decrepit, corrupt, and collapsing entity.

 
Tyler Durden's picture

Frontrunning: June 9





  • Greece Said to Submit Revised Budget Plan in Bid for Funding (BBG)
  • Protesters seek firing of Texas officer who threw girl to ground (Reuters)
  • HSBC to cut 50,000 jobs in quest for higher dividends (Reuters)
  • U.S. base shipped live anthrax to 19 states plus D.C.: Pentagon (Reuters)
  • Obama Administration Opens Door for More Student-Debt Forgiveness (WSJ)
  • China Said to Weigh Margin Finance Rule Change Amid Stock Boom (BBG)
  • Doctor who trained U.S. troops suspended for macabre techniques (Reuters)
  • Exxon to Face Regulators’ Questions Over Quakes (WSJ)
 
Tyler Durden's picture

Frontrunning: June 8





  • White House denies Obama said strong dollar a problem (Reuters)
  • Lira Falls to Record Amid Stock Rout as AK Party Loses Majority (BBG)
  • Bond-Market Game of Chicken With Fed Is Riskier Than Ever (BBG)
  • Xetra Dax enters correction territory (FT)
  • China trade shrinks amid slowing demand (FT)
  • Greek government eyes compromise with lenders, rules out snap polls (Reuters)
  • If You Think Greece’s Crisis Will End Soon, Think Again (BBG)
  • China growth data ‘overstated’ due to data error (FT)
  • Calpers to Cut External Money Managers by Half (WSJ)
 
Tyler Durden's picture

This Is How Little It Cost Goldman To Bribe America's Senators To Fast Track Obama's TPP Bill





It took a paltry $1.15 million in bribes to get everyone in the Senate on the same page. And the biggest shocker: with a total of $195,550 in "donations", or more than double the second largest donor UPS, was none other than Goldman Sachs.

 
Tyler Durden's picture

The Case For Nationalizing Monsanto





Ridding the world of Monsanto via a state buy-out would be a boon to humanity, and doing so for a mere $57 billion would be a bargain - especially when you consider the $3 trillion the state has squandered on endless wars of choice and the trillions of dollars the Federal Reserve and the government have squandered propping up the self-serving, parasitic cartel of too big to jail banks.

 
Tyler Durden's picture

Uber Is Now Valued Higher Than 80% Of The S&P: Closing In On General Motors And Ford





Putting Uber's latest valuation in perspective, according to CapIq there were just 95 companies in the S&P500 with a market cap over $50 billion, suggesting Uber which did not exist when Lehman filed for bankruptcy, now has a market capitalization greater than 80% of the S&P. Specifically, at a $50 billion valuation, Uber is more "valuable" than FedEx, Marck, Deutsche Bank, General Dynamics, Nissan, Time Warner, Yahoo, Credit Suisse, Heineken and many other companies.

 
Tyler Durden's picture

Frontrunning: May 8





  • Ed Miliband, Nick Clegg and Nigel Farage resign as Tories sweep to victory (Telegraph)
  • Bonds and stocks rebound, sterling soars after UK election (Reuters)
  • Cameron Set to Return With U.K. Majority as SNP Sweeps Scotland (BBG)
  • Tory win brings marked EU exit risk (Reuters)
  • Why did Labour lose this election? It never tried to win it (Telegraph)
  • Stock Buybacks Hit New Records (WSJ)
  • Hard Money Comes Easy as Wall Street Funds Home Flippers (BBG)
  • Justice Department to Investigate Baltimore Police (WSJ)
  • Saudi Arabia mulling land operations on Yemen border (Reuters)
 
Tyler Durden's picture

Futures Rise Following "Dramatic" UK Election Result, All Eyes On Payrolls





While the US is waking up in anticipation of what is once again said to be the "most important nonfarm payrolls number" at least since the last most important such number, because anything 250,000 and above puts the June rate hike right back on the Fed calendar, while a collapse in this lagging indicator will be explained away with harsh rain showers in April, and send stocks soaring due to yet another delay in tightening expectations despite Yellen's outright warning of overvalued stocks, the UK has been up all night following a dramatic election, whose outcome has been largely the opposite of what the experts predicted, with Conservatives set to win an outright majority, resulting in embarrassment for Labor, the Liberal Democrats and the UKIP, both of which have already seen dramatic changes in their leadership, and moments ago both Nick Clegg and Nigel Farage announced they would stand down as party leaders.

 
Tyler Durden's picture

Futures Levitate Following Worst Chinese Mfg PMI In One Year, Brent At 2015 Highs; Bund Slide Continues





The best news for stocks is twofold: volumes continue to be lethargic with both the UK (May Day bank holiday) and Japan closed until Thursday (Golden Week), while the bulk of the S&P500 has now exited the stock buyback quiet period. As such, ignore record equity outflows - all the matters is that corporate CFOs, flush with brand news bond issuance cash, will tell their favorite Wall Street trading desk to buy stocks at just the right inflection point sending the market surging just as shorts once again test the downtrend and the 50 DMA.

 
Tyler Durden's picture

Monsanto Furious At World Health Organization For Claiming Weedkiller Causes Cancer





Following Monsanto lobbyist comments recently that he's "not stupid" enough to drink the weedkiller that he also proclaimed was safe enough that "you can drink a whole quart of it and it won’t hurt you;" Reuters reports that the maker of the world's most widely used herbicide, Roundup, wants an international health organization to retract a report linking the chief ingredient in the weedkiller to cancer. The company said on Tuesday that a report, issued on Friday by the WHO, was biased: "The WHO has something to explain." However, as one scientist noted, "there are a number of independent, published manuscripts that clearly indicate that glyphosate...can promote cancer and tumor growth."

 
Tyler Durden's picture

Warren Buffett Is Everything That's Wrong With America





Warren Buffett is revered all over the place, but in reality, he’s the schoolbook example of everything that’s wrong with America. That whole money before and over anything else (including people’s health and well-being) mentality. It makes people stupid, and it makes for stupid people. And sick ones, too. This Tragedy of the Commons abuse is so ingrained in the economy that it’s hard to see how it can be changed. And that does not bode well for anyone except the Warren Buffetts profiteering from it.

 
Syndicate content
Do NOT follow this link or you will be banned from the site!