Vigilantes

The FBI's Forgotten Criminal Record

"The FBI has always used its “good guy” image to keep a lid on its crimes. The controversy swirling about Comey’s firing should spur the American people, media, and Congress to take the FBI off its pedestal and place it where it belongs - under the law."

Bank Of America: "This Could Send The Nasdaq To 10,000"

"Capitulation of bond bears would send 30-year Treasury yields toward 2%, the Nasdaq toward 10,000, and high yield & Emerging Market bond spreads 100bps tighter. The outperformance of “deflation” versus “inflation” could turn exponential..."

Stockman Warns Of The Imperial City's Fiscal Waterloo

"The stand by Senators Lee and Moran was much bigger than putting the latest iteration of McConnell-Care out of its misery. The move rang the bell loud and clear that the Imperial City has become fiscally ungovernable. That means there is a chamber of horrors coming. With it, an endless political and fiscal crisis that will dominate Washington for years to come. Its cause is deep and structural."

Stockman On Peak Bull: Fake Economy And Fake News

"The American economy has been mangled by decades of assault on capitalist prosperity... Our overall economy has now reached a point of peak debt. The peak bull has now arrived and it is utterly unsafe to be in the casino."

Merkel Migrant Blowback Begins: "Chechen Sharia Police Terrorize Berlin"

A hundred Islamists are now openly enforcing Sharia law on the streets of Berlin, according to local police who are investigating a recent string of violent assaults in the German capital. "Everyone's attention is fixed on the Syrians, but the Chechens are the most dangerous group. We are not paying sufficient attention to this." - Police in Frankfurt (Oder).

Trader Admits Sad Truth - "There's Little Upside To Believing Anything Nowadays"

If central bankers hope that investors will start to exhibit sensible behavior, consistent with their fiduciary duties, they need to start speaking their minds. And if that causes markets to back up, so be it. No one believes they aren’t in complete thrall to financial conditions. They are going to have to prove it isn’t the case. So far there’s no indication they have the stomach for it.