• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

New York State

Tyler Durden's picture

"Why Our Children Should Hate Us" - Read The Lance Simmens Article Banned By The Huffington Post





"Vaxxed, the controversial documentary alleging a direct causal relationship between vaccines and exponential increases in autism amongst children is a deeply disturbing and hence critically important piece of work that will cause many sleepless nights for parents of infants everywhere..."

 
Tyler Durden's picture

Trump On Hillary: "If She Were A Man She Wouldn't Get 5%"





As the battle heats up between the presumptive nominees for President, the word-wars have begun. Following Hillary's "love Trump's hate" breaking-barriers speech last night, a seemingly calmer, friendlier Trump went after Hillary exclaiming that "the only thing she's got going is the woman's card...and the beautiful thing is that women don't like her." Trump added that he'll "do far more for women than Hillary Clinton will do," and that "if Hillary Clinton were a man, I don't think she'd get 5 percent of the vote."

 
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Futures Rebound Off Lows Following Chinese Intervention; Oil Dips Ahead Of Fed, BOJ





Futures are currently unchanged, but the E-mini was down as much as 12 points less than two hours earlier after the European open when this time it was up to the PBOC to intervene in global markets by pushing the Yuan higher (selling USDCNY via intermediary banks) sending global stocks sharply higher off session lows and leaving the S&P futures virtually unchanged. As Bloomberg reported, there has been increasing USD/CNY selling in afternoon session as Dollar Index edged lower. This is the PBOC entering the building and levitating stocks.

 
Steve H. Hanke's picture

Alexander Hamilton: Defender of Property Rights





Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.

 
Tyler Durden's picture

As Expected, New York's Primary Is Already A Pathetic Mess





“They told me the key to the building had not arrived yet...I am sure there are many people who tried to vote and had to leave who will not be able to come back,”

 
Tyler Durden's picture

Frontrunning: April 18





  • Crude's Losses Drag Ruble, Loonie Lower; Stocks Pare Their Drop (BBG)
  • Grand Oil Bargain Is Victim of Saudi Arabia's Iran Fixation (BBG)
  • Both Parties’ Presidential Front-Runners Increasingly Unpopular (WSJ)
  • It's up to you, New York: state takes center stage in election campaign (Reuters)
  • Rousseff Hangs by a Thread After Losing Impeachment Vote (BBG)
  • China March home prices rise at fastest rate in two years, top cities boom (Reuters)
 
Tyler Durden's picture

Hillary Will Win New York, Because It's Running A Banana Republic Primary





Unless you’ve been living in a cave, you’ll know that New Yorkers go to the primary voting booths on April 19th. Unfortunately, only a small sliver of the population will actually be able to vote.

 
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Goldman Slammed With $5.1 Billion Fine For "Serious Misconduct" In Mortgage Selling





Hot on the heels of Wells Fargo's $1.2 billion settlement, Bloomberg reports that Goldman Sachs will pay $5.1 billion to settle a U.S. probe into its handling of mortgage-backed securities involving allegations that loans weren’t properly vetted before being sold to investors as high-quality bonds. “This resolution holds Goldman Sachs accountable for its serious misconduct in falsely assuring investors that securities it sold were backed by sound mortgages, when it knew that they were full of mortgages that were likely to fail,” said Acting Associate Attorney General Stuart Delery.

 
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Wisconsin Primary: Cruz, Sanders Win - Live Webcast





Both Cruz and Sanders win Wisconsin, in line with what the polls had predicted.

 
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Peak Hypocrisy: Rockefeller Fund Divests Fossil Fuels, Says Exxon Is "Morally Reprehensible"





Here is the real question: will the Rockefellers divest of their full energy holdings, kept in blind, family, and various other (offshore of course - nobody wants to pay taxes, not even green liberals) unknown trusts, due to their disgust with the "morally reprehensible" company created by their ancestor?  The answer: of course not.

 
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Fewer People Wiping More Bottoms: Minimum Wage Hikes Explained





"Ms. Krause is obviously in for a shock when some of her members lose their jobs and have incomes of $0 as a result."

 
hedgeless_horseman's picture

Be very wary of the, "choices," that you are, "given."





The owners don't really care if we cheer for the black and gold team, or the blue and silver team, as long as you do cheer.

 
Tyler Durden's picture

Frontrunning: March 16





  • Trump knocks Rubio out of race, Republicans in turmoil (Reuters)
  • Fed to Signal Worst Is Over, Hikes Coming: Decision-Day Guide (BBG)
  • Four Economists See a Surprise from the Fed This Week (BBG)
  • Global Stocks Muted Ahead of Fed Announcement (WSJ)
  • Stop-Trump Groups Make One Last Bet on Rubio, and Lose (BBG)
  • China's Li Seeks 'Win-Win' for Growth-Reform Plan Analysts Doubt (BBG)
 
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