Monday , 20 May 2019

Finance

Mystery Tanker Violates US Sanctions, Unload Iranian Fuel In China As Zarif Heads To Beijing

With Trump shutting down Huawei and China’s entire telecom industry, it was only logical that China would at least try to retaliate, which it has done by formally breaching the US embargo on Iran oil exports. According to ship tracking data on Refinitiv Eikon (i.e. the old Reuters terminal), a tanker carrying Iranian fuel oil in violation of U.S. sanctions ... Read More »

What 50 Countries Are Backing Guaidó? Who Knows? Who Cares? If The Media Say It Enough It Must Be True

Authored by Dave Lindorff via Counterpunch.org, American media still refer to Juan Guaidó, America’s hand-picked “legitimate leader” or “legitimate president” of Venezuela, as having an “administration.” The truth is that his “administration” – consisting of advisors and other opposition leaders – are all either arrested and being held by the government, hiding, seeking asylum in various foreign embassies (Spanish, Italian, Brazilian ... Read More »

“Stairway To Seven”: Why Deutsche Expects FX Turmoil This Summer

In a lengthy FX report published this morning by Deutsche Bank strategists George Saravelos and Shreyas Gopal, the duo – which like most others on Wall Street failed to predict the escalation in trade war between the US and China – issued a gloomy prediction, namely that “rhe outlook for the summer in our FX Blueprint is not particularly bright.” ... Read More »

Both Comey And Brennan Voted Communist While Cold War Was Raging

The heads of Obama’s FBI and CIA both voted for Communists during the Cold War, yet were somehow able to move up the ranks within the same US intelligence community that had spent decades fighting that very ideology.  Journalist Paul Sperry noted on Wednesday that former FBI Director James Comey admitted in a 2003 interview to having voted Communist before casting ... Read More »

New Silicon Valley Stock Exchange Is A Warning Sign For The Startup Bubble

Authored by Jesse Colombo via RealInvestmentAdvice.com, For the last several years, there has been a tremendous amount of activity and hype in the tech startup arena. In addition to the tens of thousands of startups that been founded in recent years, there are over three-hundred new “unicorn” startups that have valuations of $1 billion or more. Most of these unicorns ... Read More »

NY Post Editorial Board Lists 4 Reasons Why De Blasio’s Campaign Is A “Farce”

For decades, the New York Post has prided itself on being intensely critical of NYC mayors. In its pages, the top municipal official in the largest city in the US is “Hizzoner”, a sobriquet that has been in place since at least the 1970s. But its feud with de Blasio has been merciless even by New York City tabloid standards. ... Read More »

Dow ‘Fills The Gap’ – Now What?

The gap down from China trade war escalation on Sunday night has now been filled Trade War escalation is now a positive? Small Caps have not made it back yet… And while bond yields are rising they remain a long way from breakeven…     Read More »

Tesla Driver Was Using Autopilot in Fatal March Crash: NTSB

The NHTSA has released its preliminary report  regarding a fatal Tesla crash in Delray Beach, Florida that took place on March 1. The report finds that Tesla’s Autopilot “was active at the time of the crash”. NTSB issued preliminary report Thursday for its ongoing investigation of the fatal, March 1, 2019, highway crash near Delray Beach, Florida. The preliminary report ... Read More »

The Mixed Blessing Of Falling Birth Rates

Authored by John Rubino via DollarCollapse.com, The developed world is doing something unprecedented: It’s no longer reproducing. That’s great for the environment and very good for the work and housing prospects of the relative handful of kids that are being born (since fewer workers mean rising pay and fewer households mean cheaper real estate). But it’s bad for retirees who ... Read More »

FBI-CIA Dispute Erupts Over Whether Comey Or Brennan Pushed Steele Dossier

A dispute has erupted over whether former FBI Director James Comey or his CIA counterpart, John Brennan, promoted the unverified Steele dossier as the Obama-era intelligence community targeted the Trump campaign. According to Fox News, an email chain exists which indicates that Comey told bureau subordinates that Brennan insisted on the dossier’s inclusion in the intelligence community assessment (ICA) on Russian interference. Also interesting is ... Read More »