Wall Street Journal

Paul Tudor Jones Terminates 15% Of Workforce After A Surge In Withdrawals

Paul Tudor Jones dismissed about 15% of the workforce at his Tudor Investment Corp, after losses and investor withdrawals at the $11 billion hedge fund. Tudor Investment earlier Tuesday informed the affected employees, which include positions ranging from money managers to support staff.

Mexico's New Auto Plants Unable To Find Enough Labor... As Detroit Still Suffers Massive Unemployment

Soaring auto production in Mexico is creating a bit of a labor shortage as US production continues to migrate south of the border.  Supporters of minimum wage hikes could learn from the efforts of the United Auto Workers Union which did a masterful job negotiating off-market wage and benefits packages which ultimately only served to provide their members with permanent job losses.

Peter Schiff Explains How Central Banks Are Choking Productivity

If the cost of money is high, people think carefully about where they want to put their money. They select only the best investments. This helps everyone. When money is cheap, they throw darts against a wall. This is not the best use of societies' scarce resources. Is it any wonder productivity is down?

Democrats Brace For More Leaks As Pelosi Changes Cell Number After Barrage Of "Obscene, Sick Calls"

Following the Friday night dump of Democratic files released by the hacker Guccifer 2.0, House Minority Leader Nancy Pelosi said that after receiving "scores of mostly obscene and sick calls, voicemails and text messages", she  she was forced to change her number.  Pelosi added that she was on a flight to from Florida to California when the information was released, and received the unwanted messages upon landing.

 

How Global Elites Forsake Their Countrymen (Or Why 'The Top' Believes 'The Bottom' Needs Managing)

"The larger point is that this is something we are seeing all over, the top detaching itself from the bottom, feeling little loyalty to it or affiliation with it. It is a theme I see working its way throughout the West’s power centers. At its heart it is not only a detachment from, but a lack of interest in, the lives of your countrymen, of those who are not at the table, and who understand that they’ve been abandoned by their leaders’ selfishness and mad virtue-signalling."

One Simple Reason Why Gold Can Still Jump 50%

Stocks are very expensive. Bonds are insane. Bank rates are negative for many large investors. These trends are pretty clear - there will likely be more debt, more money printing, more capital controls, and more monetary insanity in the future...And if you understand them, the case for owning at least a small amount of gold is obvious.

Why Donald Trump's "Sound Money" Stance Scares The Mainstream

The notion that something good might come out of a Trump policy elicits guffaws in certain economic circles. However, by insisting that the U.S. Treasury label China a “currency manipulator” and by promoting trade that is both free and “fair,” Mr. Trump may be laying the groundwork for a significant breakthrough in international monetary relations - one that could ultimately validate the rationale for an open global marketplace and restore genuine free trade as a vital component of economic growth.