As the world continues to learn more about the tragic events that occurred over the weekend at a gay nightclub in Orlando, in what ultimately was the deadliest mass shooting in US history, a dramatic video has emerged that captures the very moment the shooting began that fateful evening.
The “financialization of America” - the trend by which finance and its way of thinking have come to reign supreme - is perpetuating Wall Street’s reign over Main Street, widening the gap between rich and poor, and threatening the future of the American Dream...
Asked about the FBI investigation itself, and how Assange believed that would end, Assange said that there have been enough emails released that could lead to an indictment. "Unfortunately I think what's going to happen is that the FBI is going to go 'we have accumulated a lot of material about Hillary Clinton, we could proceed to an indictment'", but Loretta Lynch, head of the DOJ won't end up indicting.
For over a hundred years, it’s been theorised that author L. Frank Baum wrote his 1900 book, “The Wonderful Wizard of Oz”, as a fanciful way to explain the economic situation at the time and that the Yellow Brick Road was a reference to the path created by gold ownership. Whether or not the theory is correct, for many people today, “Follow the Yellow Brick Road” might serve as a mantra for alleviating economic woes.
Regulation NMS made its first major impact with the introduction of “Payment For Order Flow”, which when paired with sub-penny pricing, is now directly responsible for birthing a new gold rush within the capital markets. The dawn of the High Frequency Trading (HFT) community we witness today. The result of this policy is an insurmountable, unequal, and unjust advantage for self-dealing BD’s and HFT’s, at the expense of the market’s retail level investors.
"For long-term investors the outlook is dire. If you invested today for 20 years the after cost excess return might be $21,800 (today’s yield on a balanced portfolio is just 199bps minus 100bps) versus $60,000 if you invested 10 years ago – and a $150,000 30 years ago."
The US economy remains staggeringly large. In order to help put America’s GDP of $18 trillion in 2015 into perspective, the following chart compares the GDP of US states to other country’s entire national GDP...
Goldman Sachs, the pillar of honesty and integrity is fighting in court to keep the Libyan Investment Authority (LIA) from clawing back $1.2 billion the LIA says was lost through nine disputed trades conducted in 2008.
"We want to pull out the physical gold... We want to take this gold and we want to store it. We believe that having the physical gold in the vault makes a lot more sense than selling it at these prices. Gold is ready to move. We believe it’s going to continue to rise... we’re going to be storing our gold and holding it for the long-term."
It may well be nothing, but at a time when focus on any potential terrorist activity is at an unprecedented high, it is worth noting that moments ago the AFP reported that French anti-terror police has surrounded a house used by a man who allegedly killed a policemen and then took hostages in the Paris suburb of Magnanville.
"I refuse to be politically correct. I want to do the right thing, I want to straighten things out, and I want to make America great again. The days of deadly ignorance will end, and they will end soon, if I'm elected"
"Stripped of distractions, it comes down to an elemental choice: whether to restore the full self-government of this nation, or to continue living under a higher supranational regime, ruled by a European Council that we do not elect in any meaningful sense, and that the British people can never remove, even when it persists in error...Americans of all people should understand why a nation may wish to assert its independence."
"...the events of Orlando have shattered my political beliefs, as I can no longer swear allegiance to a peace-love-and-unicorns progressive philosophy that only helps to get my fellow queers killed.Our lives are on the line... Although I voted for Hillary in the primary, I now cringe inwardly with shame and embarrassment at having done so, and in November I will vote for Trump."
"This time is 'not different'. The only difference will be what triggers the next valuation reversion when it occurs. If the last two bear markets haven’t taught you this by now, I am not sure what will. Maybe the third time will be the 'charm'."