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First Genetically Modified "Browning-Resistant" Apple Approved For US Consumption





With only 37% of the public believing that genetically-modified foods are 'safe', The Arctic apple - which resists browning when cut open or sliced - faces an uphill battle for 'success'. But as WSJ reports, the non-browing trait makes it particularly attractive for restaurants, grocery stores, airlines and other companies that offer pre-sliced fruit, and since The Agriculture Department on Friday approved it as the first genetically modified apple for sale in the U.S., the debate over the safety (and labelling) of modified foods reignites. While "getting the consumer to buy in to the product has to be the priority," notes Okanagan, environmentalists warn "there is no place in the U.S. or global market for genetically engineered apples."

 
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The Un-Retiring, Increasingly Disabled Non-Working American Dream





For the past few years (here from 2012 to most recently here) we have vociferously argued that the state of the US labor force is anything but healthy (and anything but cyclical) as the structural aging of America (where work is punished, college is free, and retirement long forgotten) drags at The American Dream. Even Goldman Sachs' Jan Hatzius - now desperate for a less positive spin to employment, in hopes of keeping The Fed dovish-er longer-er, has admitted that because of discouragement, disability, and schooling, coupled with a slowdown in the rise of the retired population will slow the pace of decline of the unemployment rate.

 
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Normality Seems As Distant As Ever: The Global Economy's Chinese Headwinds





Last year, the global economy was supposed to start returning to normal. Interest rates would begin rising in the United States and the United Kingdom; quantitative easing would deliver increased inflation in Japan; and restored confidence in banks would enable a credit-led recovery in the eurozone. Twelve months later, normality seems as distant as ever – and economic headwinds from China are a major cause.

 
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Thousands Of Government Supporters Rally In Athens, Demand "Give Greece A Chance" - Live Feed





In another 'odd' event for Europe's status quo, for the second time in a week, tens of thousands of pro-government supporters have taken to the infamous Syntagma Square in Athens to ensure Syriza knows exactly what tomorrow's 'negotiations' are all about. With the latest poll showing Syriza in an even more dominant position nationally (45.4% vs ND's 18.4%) and Merkel's party looking like it will lose in a landslide in Hamburg local election, it seems the people of Europe have expressed their will. As Germany's Sinn suggests, Grexit would be best, "if Greece doesn't exit the euro, it will keep adding new debt it will be unable to repay." Perhaps that is why the rally cries of "Give Greece a chance" are so loud...

 
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Boston Smashes Monthly Snowfall Record: This Is What It Looks Like Right Now





For some it may have been the hottest year on record (if only with the use of seasonally-adjusted, well, seasons). For Bostonians, the past 30 day stretch has just smashed all-time monthly snowfall records.

 
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Trapped In A Narrative Of Lies





War: people dying from sheer misery, people dying because they have no access to the services we take for granted, and even people being shelled by their own government.  All these things are happening as we speak, and we accept them lying down – on our couches - and choose to ignore and even deny them, because we are trapped in narratives spun by those who see a profit in spreading these narratives. And who have a solid grip on what gets spun and what is not. This is not going to end well. Not unless we speak up. Not for anyone amongst us. This one will not pass by your door, or mine. We’re approaching decision time. For the world, for your life and mine. It’s time to pick sides.

 
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Copenhagen Shooting Suspect Killed By Police After Two Deaths Including One At Synagogue





Lately, and tragically, not a month can pass in Europe without some deadly, mass shooting event whose inspiration is supposedly racial hatred. One month after the Charlie Hebdo massacre in Paris which left 20 people dead, another series of deadly shootings rocked otherwise quiet Copenhagen this weekend, where the person suspected to be responsible for the death of two people and injuring five first at a freedom of speech event and subsequently, at a synagogue in Copenhagen, was killed by police early in the Sunday morning hours.

 
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Nuclear Specter Returns: "Threat of War Is Higher Than In The Cold War"





When asked if hybrid warfare could raise the danger of nuclear weapons being used, US diplomat Richard Burt - who helped put together the Strategic Arms Reduction Treaty - answered: "The simple answer is yes. Both American and Russian nuclear arms are essentially on a kind of hair-trigger alert. Both sides have a nuclear posture where land-based missiles could be authorized for use in less than 15 minutes...that is a dangerous state of play."

 
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We Live In An Era Of Dangerous Imbalances





History is very clear what happens with dangerous imbalances like this. They correct painfully. Through class warfare. Through currency crises. Through wealth destruction.

 
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Derivatives: No Longer Used For Hedging But Exclusively For "Alpha Generation"





"...there seems to have been a shift from using derivatives as a hedging tool, to using them more for alpha generation [as] most products are now used more for adding risk and directional views."

 
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It's A Mad Mad Mad Investing World





3 words... fun durr mentals!

 
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Saturday Humor: Hitler Learns Of Brian Williams' Downfall





He’s a goddamn moron! You think keeping track of whether you were shot down in a freakin’ helicopter is like forgetting where you put your keys? That’s like being unsure if you had a threesome with Sofia Vergara and Kate Upton..."

 
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The Minsk Peace Deal: Farce Or Sellout?





As Washington is not a partner to the Minsk peace deal, how can there be peace when Washington has made policy decisions to escalate the conflict and to use the conflict as a proxy war between the US and Russia?

Looking at the deal itself, it is set up to fail.

 
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West Coast Ports Shut Down For Holiday Weekend: Supply Chain Halt Threatens Havoc On Reeling Economy





the latest news out of the West Coast is not good for anyone hoping for a quick resolution to the congestion problem. According to Reuters, after the clogged ports briefly reopened on Friday after a daylong closure, "shippers planned to re-impose a partial shutdown through the holiday weekend barring a settlement in stalled labor talks with the dockworkers union."

 
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