Is Apple going to produce more electric vehicles ten years from now than BMW?
"The dealer market has collapsed, and all that's left are investors trading the same few bonds back and forth, leaving pricing services guessing with bigger and bigger margins of error on the real value of illiquid debt. That's the real problem. And it's not one the SEC can fix by targeting 'transcendent liquidity' in ETFs."
- US dollar sell-off: Nov’15 Global FMS shows “long dollar” most crowded trade
- EM rally: China deval complicates rally but humiliated EM ripe for bounce as Fed hike expectations peak
- Positioning less "bearish": risk rally is "narrow" and vulnerable to quick profit-taking in event-rich December: deteriorating RSP/SPY ratio
Instead of Listening to Idiots Talking Their Book ... Let's Fact-Check the Myths
No outside force can end freedom in America. The only force that can end freedom in America, is the American government itself. This is the main lesson of the 15 years since 9/11.
You didn’t think the surveillance state would give up that easily did you? Of course not. Unsurprisingly, fresh off the heels of the Paris terror attacks, the usual authoritarian suspects in the U.S. government are running around exploiting the tragedy in a bid to further erode privacy and civil liberties.
Here are some of the lessons we in the United States learned too late about allowing our freedoms to be eviscerated in exchange for the phantom promise of security. The over-arching principle is simply this: once you start down the road towards a police state, it will be very difficult to turn back.
The just concluded 13-F bonanza shows that "some of the world’s top hedge fund managers scaled back their U.S. stock investments last quarter as markets tumbled." Below, courtesy of Bloomberg, is the full summary of what the most prominent hedge fund names did in Q3...
It turns out that “terrorist” was originally a term used to describe the government officials who created and executed these oppressive tactics under the guise of keeping people safe from their enemies. Governments have a dangerous tendency to never let a serious crisis go to waste.
Perhaps those accusing Bridgewater of being the market-moving catalyst did have a point, because after posting a total AUM of $10.8 billion at June, this total declined by a whopping 31% to just $7.5 billion as of September 30.
"This court simply cannot, and will not, allow the government to trump the Constitution merely because it suits the exigencies of the moment,”
In what sounds like the plot of a McCarthy-era propaganda spy novel, the Socialists and Communists have overthrown the government in Portugal. That means it's time for the troika to start pushing back against the undesirables by threatening the country with financial ruin. Just call it "tough love."
On the heels of Washington's move to send a guided missile destroyer to Subi Reef, Beijing has now moved its fighter jets closer to the Spratlys in what certainly looks like an effort to "deter" any further "meddling" by the US and its regional allies.
In what amounts to a contravention of the recently inked nuclear deal, Iran has reportedly purchased passenger jets from the UK and is now using them to transport The Quds Force to the front lines in Syria.
The “war on terror” was a hoax. Americans were deceived by policymakers, who are pursuing a hegemonic agenda. The American people were too trusting and too gullible and, consequently, Americans were easily betrayed by Washington and by the presstitute media. The populations of the eight countries and Washington’s vassals are stuck with the consequences of Washington’s evil, vicious, and illegal actions. And Americans are stuck with the police/spy state and militarized police who murder three Americans each day and brutalize countless others.