According to the Turkish newspaper Dunya, the Saudi government has ordered individual businesses not to trade with Turkish companies or buy any products made in Turkey, and has imposed fines on companies that do not comply.
...financialization is, ultimately, the national descent into zero coherence and zero rationality. It is in fact, the breakdown of society its self. It is the Road to Zero...
The fact that a whopping 40% of NQ short were covered and the Nasdaq barely rose, likely means that any future attempts by Softbanks to spark a gamma or futures squeeze could have very painful consequences for Masa Son
...expose a system that has corrupted itself and is desperately trying to keep the balls in the air while causing ever more long lasting damage to our global economy...
Investors today would be wise always to ask themselves whether the investments they are making are at values justified by future profits and not just by the hope of selling to some future, greater fool...
Unlike Goldman which expects a sharp spike in yields should Democrats sweep, BofA says that a "striking" takeaway from its stimulus scenario simulations is the relatively limited impact stimulus has on Treasury’s expected near-term debt issuance.
Distortion in the cost of credit is the not-so-remote cause of the raging fires at which the Fed continues to train its gushing liquidity hoses. But the firemen are also the arsonists...
