Japan

Europe's Banking Dysfunction Worsens

Investors who think that Europe is close to adopting an effective approach to dealing with failing banks may want to think again....

How To Destroy An Economy - India's New Tax System Is "Mind-Bogglingly Inane"

"...India's new Goods and Services Tax is mind-bogglingly inane...Modi has been able to mesmerize voters to an extent that he can make even pain appear as something that is pleasurable and he has been able to conquer state after state and has an invincible aura about him now. Such acts always bring Goebbels to my mind."

Netflix Is Spending Twice As Much As Amazon On Content

To continue its growth, Netflix will have to spend some $8.7 billion in cash on new content, nearly $2 billion more than it did in 2016, and more than double what its nearest, and cash flow positive competitor, Amazon, is spending on new content.

Dow Set To Open Above 22,000 As Global Stocks Levitate Higher

Welcome to August: you may be surprised to learn that S&P 500 futures are once again levitating, higher by 0.3%, and tracking European and Asian markets, with DJIA futures higher by over 100 points this morning, the Dow Jones is set to open above 22,000, a new all time high as Asian stocks hit a new decade high.

When In Doubt, Nuke China

"A situation in which the US military feels 'unhampered' has precedent – and, as General MacArthur's endeavors in Korea prove, it's something to be afraid of..."

Killing Them Is Killing Us

"Does any phrase more aptly characterize the US population than 'dreadful lassitude'? The US government murders in their name. They accept its rationalizations, bread, and circuses, avert their eyes, and sink into technological and pharmacological oblivion. "

Trump: "We'll handle North Korea. It Will Be Handled. We Handle Everything"

"We'll handle North Korea. We're going to be able to handle North Korea. It will be handled. We handle everything," Trump told reporters at the start of Monday's first Cabinet meeting with his new Chief of Staff, flanked by Secretary of State Rex Tillerson and Defense Secretary James Mattis.