"There was a brazen plot to illegally exonerate Hillary Clinton and, if she didn't win the election, to then frame Donald Trump with a falsely created crime.."
"Facebook makes their money by exploiting and selling intimate details about the private lives of millions, far beyond the scant details you voluntarily post."
Greenspan's "central banks stand ready to lease gold in increasing quantities should the price rise" is not about price suppression but about backwardation suppression.
For much of 2017, hedge funds complained that they were not generating alpha for one reason: there was no volatility. Well, they got their wish in February when VIX exploded. What happened next was not what hedge funds had expected...
This week is shaping up to be one of the busiest for global economic and political events in recent memory. From the overnight selection of a new governor at the People’s Bank of China, to the year's first G-20 meeting, to Powell's first Fed rate hike, there is no shortage of events to follow.
Speaking in Brussels on Monday, the EU's chief negotiator, Michel Barnier, commented that Britain and the EU have agreed terms for a 21-month transition after Brexit (easing fears that of a cliff-edge exit next year), noting that the deal was a "decisive step."
EURUSD jumped 40 pips on Reuters headlines that sources suggest The ECB is "broadly comfortable" with the market anticipating rate-hikes starting in Q1 2019.
Global stocks and S&P futures point to a lower open on Monday, and Wall Street analysts are faced with a veritable smorgasboard of catalysts and explanations for the weak start to the week.
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%).
In a somewhat surprising announcement, the WSJ reports that President Xi Jinping has picked PBOC deputy governor Yi Gang to run the country's central bank, a reversal from recent rumors that put Liu He as the frontrunner to replace outgoing PBOC governor Zhou Xiachuan.
Today, Latvia’s ABLV Bank—its third largest, and largest private bank—announced that it had received approval from the Council of Financial and Capital Market Commission (FCMC) to liquidate, and that the Bank was proceeding with the process of liquidation.
