Real estate

Pat Buchanan Asks "Is Trump Entering A Kill Box?"

"This is not a witch hunt. It is an Easter egg hunt on the White House lawn, where the most colorful eggs are likely to be the tax returns and the financial records of Trump, who built a real estate empire in a town where winners brag about how they gutted the losers. Every enemy of Trump is going to be dropping the dime on him to Mueller."

Global Markets, Futures Slide Spooked By Poor Amazon Earnings, US Politics

S&P futures have tracked both European and Asian markets lower, which were dragged down by the big EPS miss and guidance cut reported by Amazon on Thursday. Meanwhile, the pounding of the dollar has resumed with the euro and sterling strengthening against the dollar due to renewed political concerns

Deutsche Bank Tumbles After Abysmal Trading Results

Deutsche Bank shares tumbled 4% on Thursday after the bank reported a plunge in overall company revenue which slumped to the lowest in three and a half years, as Investment Banking revenue dropped 16%, while FICC tumbled a whopping 12% Y/Y and 30% Q/Q, with CEO John Cryan taking a page out of the Goldman playbook and blaming "muted client activity."

Politics Of The Next 4 Years: Part 3 (What's An Independent To Do?)

"I am not a Democrat or a Republican. I do not consider myself a libertarian, progressive, socialist, anarchist, conservative, neoconservative or neoliberal. I’m just a 38 year old guy trying to figure it all out...I still don't understand why any of us put up with Washington D.C. All 50 states should secede from it and start over."

Bitcoin: Fake Asset Or Security?

What the success of bitcoin says about the world of dollars, euros and yen is unsettling at a number of levels, but then again, bitcoin is ultimately just a brilliantly designed virtual market that, initially at least, promised security and anonymity.  Whether those qualities can endure as the audience grows is a very intriguing question that investors need to consider.