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SoftBank's Vision Fund 2 Likely Shelved After WeWork Blow Up

"I think that it's incredibly likely that they'll postpone their plans for … fundraising efforts around Vision Fund 2."

"It's Like A Segway With An iPad" - Robo Realtors Invade Tennessee Housing Market

"It came to the door. We were buzzed in by the Ring doorbell and she rolled over."

As Predicted, Turkey’s Inflation Sinks Like a Stone

by Steve H. Hanke - Oct 4, 2019 5:07 pm

Since the collapse of the lira in the summer of 2018 and the subsequent ballooning of Turkey’s inflation, the lira has stabilized. As I predicted, Turkey’s annual inflation rate has fallen into single digits: 9.3%/yr.

Rollercoaster Week Ends With Buying Panic As World Sinks Into Recession

Porsche Increases Taycan Production Capacity After Overwhelming Demand

...and we doubt this means adding a tent outside of the company's headquarters...

Goldman Cuts Rates On Its Savings Account For Third Time, With Fed Sure To Follow

"effective today, the rate on our Marcus high-yield Online Savings Account has been adjusted down to 1.90% from 2.00% Annual Percentage Yield."

US Dollar, S&P 500 Carry Reversal Potential in Q4 as FOMC Takes Center-Stage

by JStanleyFX - Oct 4, 2019 2:46 pm

Both the US Dollar and S&P 500 bring reversal potential into Q4

Powell Says "Economy Faces Some Risks" But Is "In A Good Place"; Spoke To Dimon, Moynihan

Anyone hoping that Jerome Powell would share some profound insight into the Fed's next move during his speech today, was disappointed.

NY Fed Announces Extension Of Overnight Repos Until Nov 4, Will Offer 8 More Term Repos

The Fed's "temporary" liquidity injections are starting to look rather permanent...

NYSE Head Warns: Delisting Chinese Firms Would Drive Business Elsewhere

"That would mean Alibaba and all of these other large companies couldn't come to the US anymore..."

"Policy Panic" Arrives: Here's How To Trade It

Policy panic trades: buy China, EM, US housing, EAFE small cap, UK mid cap; hedge via long GT2, gold.

September Class 8 Heavy Duty Truck Orders Collapse 71%

This makes September the 11th consecutive month of YOY order declines and the 9th consecutive month of orders below 20,000...

What the banks are doing to keep profits coming in?

by Sprott Money - Oct 4, 2019 11:54 am

Eric Sprott discusses the recent economic news and the impact on gold and silver prices as Q4 begins.

As Streaming Wars Heat Up, Disney Bans Netflix Ads From Its Channels

Disney, Comcast and AT&T are planning to spend hundreds of millions of dollars to advertise their new streaming services as the companies compete to outshine one another.

Market's "$1.6 Trillion Time Bomb" Claims Another Victim As Arrowgrass Writes Down Illiquid Investment By 70%

Arrowgrass wrote down its stake in the Dreamland park owner in the seaside town of Margate to 19.7 million euros ($21.6 million) over the last month, down 70% from its previous valuation.