"We’re pushing back on the notion that US policy actions have meaningfully extended the market cycle, instead arguing that markets have already largely reflected, and are currently pricing in, the benefits they delivered... meaning 2018 earnings expectations may be too high."
"Goldilocks is a conceit of monetary central planning and its erroneous predicate that falsifying financial asset prices is the route to prosperity... only leads to immense and unstable financial bubbles which eventually crash..."
"It was noisy, there were complaints, I got mice," said mailman Rudolph Romano, adding that the Kushner Cos. tried to increase his rent by 60 percent. "They cleaned the place out. I watched the whole building leave."
Attorney Michael Bromwich was for the OIG investigation (January 2017) until his client, Andrew McCabe, was found to have acted inappropriately/unlawfully as a result of the OIG investigation (March 2018) – and now he’s against it.
The collective market cap of Apple, Facebook, Amazon, Netflix and Google (also known as FANG + Apple) has grown by more than 40% in the past year to $3 trillion, and now accounts for a staggering 25% of the Nasdaq... and some investors are starting to worry.
UK intelligence agencies are warning the National Grid (a major utility company), the National Health Service, the Sellafield nuclear power plant and Whitehall Departments to brace for a potentially crippling cyberattack organized by Russia...
No doubt the ad ban will slow adoption, and the data we present here shows why that is important. But just because Google forbids advertising doesn’t condemn an industry to failure. People always find a way...
As polls close in Russia, state-run TV is reporting exit polls (conducted by state-run VTsIOM polling company) showing a landslide victory for Vladimir Putin with 73.9% of the vote (above The Kremlin's pre-election whisper number of 70%).
"...we refuse to give him a free exit pass. Because when the big bank bailout was hatched out, Blankfein was in the middle of it, egging on Goldman cronies Hank Paulson and Neel Kashkari, and ensuring his bank’s access to a lifeline of taxpayer liquidity..."
"The administration is disappointed with China and because there wasn’t a path back toward a market orientation, I discontinued the China economic dialogue,"said the Treasury’s undersecretary for international affairs, David Malpass.