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“Blue Wave” Crashes On Shores Of Reality: GOP Takes Lead In Midterms Poll For First Time

Remember all that chatter and hope about a so-called “blue wave” of Democrats coming to overwhelm Washington in the Midterms? Well it appears have ebbed to nothing. In the latest Reuters poll, more people said they would vote for a Republican candidate over a Democrat in the upcoming midterm election, a reversal of previous trends. […]

Elon Musk Goes Full Conspiracy Theorist, Blames Big Oil for Tesla’s Negative Media Coverage

Elon Musk’s list of people responsible for Tesla’s shortcomings – now inclusive of the NTSB, internet trolls and the financial media – and notably not inclusive of Elon Musk, continues to grow. Today’s addition? The conspirators running the big oil companies. It appears that billionaire CEO Elon Musk is convinced that big oil executives have […]

Tales From “The Master Of Disaster”

Authored by EconomicPrism.com’s MN Gordon, annotated by Acting-Man.com’s Pater Tenebrarum, Tightening Credit Markets Daylight extends a little further into the evening with each passing day.  Moods ease.  Contentment rises.  These are some of the many delights the northern hemisphere has to offer this time of year. As summer approaches, and dispositions loosen, something less amiable […]

Doing God’s Work: Goldman Made $200 Million In One Day During Feb’s “Volocaust”

Goldman’s equity trading desk can thank the early February “volocaust” for its surprisingly lucrative Q1 performance, according to CNBC. The investment bank reaped a $200 million profit on Feb. 5, the day volatility exploded back to life in equity markets as the Dow registered its largest one-day point drop in history. The bank’s score can […]

USC Under Federal Investigation For Anti-Male Discrimination

Authored by Toni Airaksinen via Campus Reform, The U.S. Department of Education is officially investigating allegations that the University of Southern California excludes male students from certain educational opportunities. The Title IX investigation was launched in response to complaints submitted by a USC professor whose efforts have already instigated a similar investigation into Yale University. […]

ACLU Demands Amazon Stop Selling “Affordable Mass Surveillance” To Police

Amazon has been marketing its facial recognition platform, called Rekognition, a deep learning-based image and video analysis, to law enforcement agencies in Oregon and Orlando, according to recent documents acquired by American Civil Liberties Union (ACLU) of Northern California. The ACLU alleges that Amazon is marching society towards a dystopian future in which corporations and governments can […]

Volatility Crossroad

Authored by Sven Henrich via NorthmanTrader.com, I received a lot of questions on yesterday’s Charts that make you go: Hmmmm. That’ll teach me to post charts without commentary … Hence let me offer some perspective on some of these charts and I want to hone in specifically on volatility, or rather the great dying we’ve just […]

Trump Lawyer Received $400,000 “Secret Payment” To Arrange Meeting Between Ukraine President And Trump

The BBC claimed on Wednesday that President Trump’s personal lawyer, Michael Cohen, was paid $400,000 by Ukraine to arrange a meeting between Trump and Ukraine’s billionaire oligarch President, Petro Poroshenko, an allegation Cohen and two Ukrainians deny. The payment was arranged by intermediaries acting for Ukraine’s leader, Petro Poroshenko, the sources said, though Mr Cohen was not […]