For the past two days (and weeks, and months) the investing world was obsessed with just one thing: will the 10-Year yield break 3.00%, and what will happen to both Treasurys and stocks, immediately after. It did so today, briefly touching 3.001%, before retracing most of the move, only to close just below 3.00%. Meanwhile, […]
Authored by Marie Huillet via CoinTelegraph Update: Data from EtherScan shows that over $150k worth of ETH has been stolen in the DNS hack. Starting from 07:17 this morning, 179 inbound transactions totaling 216.06 ETH were sent to ETH address 0x1d50588C0aa11959A5c28831ce3DC5F1D3120d29. At 10:15, the attacker sent 215 ETH to 0x68ca85dbf8eba69fb70ecdb78e0895f7cd94da83. One MEW user on Reddit […]
Authored by Mike Krieger via Liberty Blitzkrieg blog, Whenever all government, domestic and foreign, in little as in great things, shall be drawn to Washington as the center of all power, it will render powerless the checks provided of one government on another, and will become as venal and oppressive as the government from which we […]
The Department of Justice is set to make six months worth of mysteriously missing (then found) texts between two anti-Trump FBI employees available Tuesday night or Wednesday, according to Journalist Sara Carter. BREAKING: DOJ will make the 6 months of missing texts that were eventually located by IG between Strzok and Page available to Congress […]
It would appear Facebook is preparing for battle as it dramatically strengthens its presence in Washington – replacing its top US Policy team member with a former Republican Federal Communications Commission (FCC) chairman. Amid growing political backlash – and increasingly worrisome levels of private data gathering – The New York Times reports that Ms. Erin […]
For the first time since the late 1970s, Nicaragua is on the brink of a revolution as tens of thousands of protesters throng the streets of the capitol Managua and a host of other towns to demand the resignation of President Daniel Ortega, a former left-wing dictator-turned-democrat who led the Sandinistas to during the Nicaraguan […]
Authored by Mac Slavo via SHTFplan.com, Online giants such as YouTube, Facebook, and Twitter have been known to censor and suppress free speech that isn’t leftist in nature. But it’s worse than that according to The Media Research Center, it’s a war against ideas. Obviously, that’s harmful in and of itself. It denies humans their most basic right: […]
According to the South China Morning Post, Beijing is in the development phase of constructing a state of the art hypersonic engine facility to mass-produce, low-cost planes capable of traveling five times faster than the speed of sound. Screen capture from a video of a hypersonic vehicle using the combined cycle engine under development at China […]
Authored by Nick Cunningham via OilPrice.com, OPEC’s spare capacity is not what it once was, a development that opens up a larger upside risk to oil prices. A constant feature of the oil market is the prospect of unforeseen supply outages, whether from war, industrial accidents, sabotage, natural disasters or more mundane operational problems. These […]
The gloves are off in the multimillion-dollar lawsuit filed by the Democratic National Committee (DNC) against the Trump campaign, Wikileaks and several other parties including the Russian government, alleging an illegal conspiracy to disrupt the 2016 election in a “brazen attack on American Democracy.” Many have suggested the lawsuit is a tactical error by the DNC, as it may […]
Authored by Chris Calton via The Mises Institute, When the southern states were debating secession in 1861, there was one other proposed secession that almost always gets overlooked in history: New York City. The Mayor of New York at the time, Fernando Wood, saw disunion as an inevitability at the start of 1861, and in […]
Picking up where DoubleLine CEO Jeff Gundlach left off yesterday with his Ira Sohn recommendation, which as a reminder was to short Facebook on concerns of regulatory crackdown and go long commodities ahead of a late-cycle inflationary boom, on Tuesday Gundlach spoke at an event for DoubleLine clients and reiterated his late-cycle skepticism, warning that […]
Click On Picture To See Larger Picture Home prices are now surging, the central bankers have succeeded in creating the bubble of all bubbles. When looking at the data, unemployment is at its lowest point but home buyers are no where to be found. The data shows housing sales are down except out west. Russia […]
Democrats in midwestern battleground states want the Democratic National Committee (DNC) to back off the Trump-Russia rhetoric, as state-level leaders worry it’s turning off voters. “The DNC is doing a good job of winning New York and California,” said Mahoning, OH Democratic county party chair David Betras. “I’m not saying it’s not important — of course […]
Authored by Jeffrey Snider via Alhambra Investment Partners, The current US Treasury yield curve in between the 5-year and 10-year maturities is today just 15 bps. It had dropped down to this level of flat about ten days ago. When it did, it had been the first time in almost eleven years. The last time […]