Four years after selling the HuffPo to AOL Arianna Huffington has had enough, and as she announced moments ago, she is stepping down as Editor-in-Chief of the Huffington Post to run a new health and wellness venture.
The summer doldrums continue with another listless overnight session, not helpd by Japan markets which are closed for holiday, as Asian stocks fell fractionally, while European stocks rebounded as oil trimmed losses after the the IEA said pent-up demand would absorb record crude output (something they have said every single month). S&P futures have wiped out almost all of yesterday's losses and were up over 0.2% in early trading.
The mainstream media is starting to wake up to the re-emergence of tensions in Ukraine with a short translation of every report being "it's all Russia's fault." But, with so many obvious complications, Minsk II was setup to fail right from the start. By accident or design, the setup is precisely what warmongers like.
The reality is, they cannot hide an economic collapse forever. Negative financial effects are going to touch ground somewhere, and the data is going to sneak through...the globalists have created the conditions by which an economic crisis can be triggered at the time of their choosing (within certain limits)... and they need the economy to turn unstable in order to create a rationale for a centralized economic authority and a single global currency system.
It appears that the world's central-scammers have finally gone too far. In a shockingly Zero-Hedge-ian statement, Reuters is forced to admit that "spooked by the end of a 30-year bond bull run and bouts of money printing which have pushed stock values out of kilter with economic reality," high-profile investors are turning their backs on financial assets and favoring real assets.
The position that was adopted by the Democratic Party platform this summer argues that anyone whose skills are so low that they can’t command $15 and hour has no right to gainful employment. This is the reality of raising the minimum wage.
To say that hedge funds have had a tough time navigating the world of activist central banks and central-planning, would be a vast understatement. According to Barclays, in the last almost 4.5 years, HFs actually generated negative cumulative alpha starting around 2011. Here is what they blame it on.
For all the focus on terrorism, one of the most striking features of the last decade is that the risk of war between the world’s major countries has returned. For the first time since the fall of the Berlin wall, military thinkers in the United States, Europe and Asia are putting serious thought into what such a conflict might look like. For a world with no shortage of nuclear weapons, that’s alarming.
Tragically, the message of liberalism is simple, yet so difficult to communicate: violent exploitation through politics creates destructive class conflict; peaceful cooperation through the market doesn’t.
The Fed's interest rate policy has driven long-term return expectations for investors lower but pensions are slow to update their assumptions to reflect the current "reality"... when/if they do the consequences will be pretty scary