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"The Concept Of A Bar Is Completely Changing" - How Automation Is Crushing Servers' Labor Market Hopes

"Restaurant of the Future"

Belarus President Moves Air Assault Brigade To Western Border In Response To NATO Drills; Says Russia Will Provide Security Assistance

Belarusian president Alexander Lukashenko said that an air assault brigade would move to Belarus’ Western border in response to NATO exercises in neighboring nations, even as the country reels from massive anti-government protests which Lukashenko has dubbed a "color revolution" orchestrated by foreign agents.

COVID Has Transformed America Into The 'Drive-In' Nation

From drive-in strip clubs to drive-in movies to drive-in concerts, to now...

China's Landlords Hit With First Rent Price Slump As Economy Falters

"Two groups ... suffer the most."

Why Goldman Just Raised Its S&P Price Target By 20% To 3,600

"Looking forward, a falling ERP will outweigh a rise in bond yields, and combined with our above-consensus EPS forecast, will lift the S&P 500 index to 3600 by year-end (+7%). Our prior forecast was 3000."

Here's Why The "Impossible" Economic Collapse Is Unavoidable

This is why denormalization is an extinction event for much of our high-cost, high-complexity, heavily regulated economy.

Did Buffett Just Bet Against The US? Berkshire Buys Barrick Gold, Dumps Goldman

This is going to get awkward...

Buyer Beware: Gold ETFs Own No Gold

So firstly the GLD doesn’t own the gold and secondly the gold that it doesn’t own might have been lent multiple times by central banks...

Latin American Economies Will See "Record-Breaking Contraction" This Year

"...still a record-breaking contraction — at least the worst we've seen since the Second World War."

Americans Are Now Renting Private Swimming Pools

"We've seen demand skyrocket. We simply cannot keep up."

American Airlines Slated To Drop Dozens Of Flights To Smaller Cities As Government Aid Dries Up

The aid had previously mandated that airlines were not allowed to cut service approaches...

Nearly A Third Of Americans Had Unpaid Housing Bills In August

"As the pandemic rages on, missed housing payments are continuing to pile up."

Hillary Clinton Willing To Serve In Biden Administration

We're sure she is...

As Ethereum Surges, Futures Open Interest Hits A Record $1.5 Billion

“Bitcoin's futures Open Interest was 8 times higher than ETH's in February. Only 6 months later, it's now about 4 times higher. OI of ETH grew relatively twice faster than BTC...”

Empty Apartments in Manhattan Hit Record High As Two Year Crisis Begins

"This could be a difficult couple of years for landlords."

Daily Briefing - August 14, 2020

Real Vision CEO, Raoul Pal, is joined by senior editor, Ash Bennington, to reflect on the current state of markets. Raoul and Ash discuss the upcoming …