Mark Spitznagel Warns "A Reckoning Always Follows"

"When we try enforcing stability by decree, a reckoning always follows. An unsustainable boom leads headlong to an inevitable bust... Such powerful interventions hurt the weakest and benefit the strongest (the holders of assets) as they create unsustainable, destructive distortions that ultimately lead to catastrophe."

  • Jan 17, 2018 9:55 AM
  • 37

What Selloff: US Futures Rebound Sharply, Dow 26,000 Back On Deck

While global shares pulled back in early trading from record highs on Wednesday, U.S. equity index futures are staging another comeback and point to a higher open on Wednesday following a volatile day of trading Tuesday which saw the S&P 500 have its worst reversal in two years.

  • Jan 17, 2018 6:59 AM
  • 18

Norway Desperately Needs Large Oil Discoveries

"...reduced exploration drilling and lack of big discoveries in the past two years, spell trouble for Western Europe’s biggest oil and gas producer after 2023, authorities fear..."

  • Jan 17, 2018 5:00 AM
  • 76