Monday , 20 May 2019


“We Saw A Lot Of Hysterics And Crying”: Computer Science Majors Forced To Take Improv Classes

Forget years of perfect grades and diligent study, often at the expense of a personality. Computer-science majors at Northeastern University face perhaps the most difficult test they’ve ever encountered; improv class.  Yes, in order to receive their diploma, Northeastern is forcing these natural introverts to come out of their shells and sperg out in front of a room full of classmates, ... Read More »

Chris Wood: Economists Think Inflation Has To Be Avoided – It Doesn’t

Submitted by Chris Wood, via Grizzle The focus of financial markets this week has again been the U.S.-China trade deal triggered by the much Twitter-driven news dynamic courtesy of the Donald. But the issue of the Federal Reserve also remains important. A CENTRAL BANK OBSESSED WITH INFLATION My view has been that Fed Chairman Powell’s efforts to normalize U.S. monetary ... Read More »

Kirchner Surprises Argentina With Bid For Vice President

Former Argentinian President Cristina Fernandez de Kirchner has surprised political analysts by announcing that she won’t challenge Mauricio Macri for president in the upcoming election. Rather, she will run for vice-president alongside a moderate Peronist candidate. The move could improve the team’s odds in the election as most factions of the country’s influential Peronist movement, including those that might be ... Read More »

Hedge Fund CIO: Investors Have Only 2 Options – Be A True Believer Or An Extreme Cynic

Authored by Eric Peters, CIO of One River Asset Management Consequences: “The Taylor Rule with its neutral 2% r-star interest rate may have worked better than the global monetary policy we implemented over the last few decades,” said the CIO. “But it didn’t allow for financial rescues or policy choices – maybe stocks fell and the Fed wanted them to ... Read More »

“Parking Lots Full Of Mercedes SUVs” – All Eyes Now On The U.S. Truck Market

The shift in automotive production towards trucks, including minivans, CUVs, SUVs, and pickups, is at the very heart of the bull case for autos. As BlindersOffResearch’s Daniel Ruiz explains, the bull thesis is simple, as the new-vehicle-production mix shifts toward the very profitable truck segment and away from less profitable cars, automaker margins increase. To date, the bull case has ... Read More »

Over 1 Million Viewers Urge Remake Of Game Of Thrones Final Season “With Competent Writers”

With the much-anticipated finale of Game of Thrones just hours away, angry fans are demanding a remake of the highly successful series’ last season. As of Sunday evening, 1.07 million people had signed a petition saying the hit HBO series “deserves a final season that makes sense.” ‘Dylan D.’, who started the petition, exclaims: “David Benioff and D.B. Weiss have proven ... Read More »

“S&P 3,000 By Q3”: Why Investors Shrugged Off The May 5 Tariff Announcement

For all of the recent drama in markets, with many pundits jumping the shark in repeatedly pointing out the “worst start to May in 50 years”, the S&P is barely below its all time highs, despite Trump’s trade war – or as Bank of America puts it “trade bore” – with commodities up 18.0% in 2019, global stocks up 12.4%, ... Read More »

Tulsi Gabbard Says Boost From Putin Fans Is “Fake News”

Rep. Tulsi Gabbard (D-HI) said on Sunday that reports claiming pro-putin Russophiles giving her 2020 presidential campaign a boost is “fake news,” though she added that conflict with the Kremlin is not productive.  Speaking to ABC’s George Stephanopoulos, Gabbard said that deteriorating relationships with nuclear-armed countries such as Russia and China “has brought us to a very dangerous point,” reports The Hill. She added ... Read More »

Lacy Hunt: This Is One Of The Most Important Charts In Economics

Via, Lacy said he has never shown the next chart before. Adding, there are certain things in economics that “hold true.” This is one of the most important charts in economics: The green line shows the national savings rate. It is currently at 3%. It is historically 6%. We are running half of normal. The shaded area shows the private ... Read More »

Fed Lie Of The Day: “Low Inflation Is One Of The Major Challenges Of Our Time”

Authored by Mike Shedlock via MishTalk, Fed Chair Jerome Powell is preaching economic nonsense regarding inflation. His worry is the US becomes Japan. Bloomberg reports Powell Aims to Dodge Japan Deflation Trap With Dovish Fed Tilt. Declaring that too-low inflation was “one of the major challenges of our time,’’ Powell left open the possibility on Wednesday that the Fed’s next interest-rate ... Read More »