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Frontrunning: February 23

China seizes control of Anbang Insurance as chairman prosecuted (Reuters) How Deal-Hungry Anbang Went From Waldorf to Woe (BBG) Anbang and the Financialization of China’s Economy (WSJ) Trump’s Stance on Gun Laws Raises Pressure on Congress (WSJ) Chance of halting Brexit now close to 50:50, says leading campaigner (Reuters) May’s Cabinet Backs the Brexit Plan […]

How An Anbang Default Could Rock The Market: Wall Street Explains

Last June, when looking at the most unstable of China’s mega conglomerates Anbang Insurance (the others are HNA, China Evergrande and Dalian Wanda), we said that “Anbang’s troubles could soon become systemic.”  Half a year later, that’s exactly what happened when in a “surprising” twist, the $315 billion insurer was bailed out by Beijing, just […]

Mnuchin’s Most Bizarre Claim Yet: “There Is No Link Between Rising Wages And Inflation”

Treasury Secretary Steven Mnuchin has a degree from one of the most prestigious universities in the world (Harvard grads may dispute this); He was the CIO of Goldman Sachs; He launched a successful hedge fund; He is now Treasury Secretary. Yet he appears to barely grasp basic economic concepts (not to mention his apparent fondness […]

“A Critical Juncture”: Why One Trader Thinks An Equity Meltdown And Dollar Surge Is Imminent

For everyone watching the paradoxical dance between rising bond yields and higher stocks with great interest, wondering when the correlation will finally snap, and what happens then, then the latest thoughts from Bloomberg macro commentator, and Lehman veteran Mark Cudmore, will make for a very interesting read. From Mark Cudmore’s latest Macro View Tactically Bullish […]

Are Germany’s Energy Transition Plans Working?

Authored by Ryan Opsal via OilPrice.com, Considering the established political imperatives underpinning the German energy transition (Energiewende) and the overall push toward greater use of renewables in the energy mix, let’s look at some of the outcomes of this transition – specifically natural gas imports from Russia and fossil fuel consumption. A boost in renewables […]

“It Was A Good Laugh” – German Newspaper Publishes Embarassing “Russian Meddling” Hoax

It had all the trappings of a bombshell report. The German socialists turning against their conservative former allies – and running headlong into the open arms of Russia’s Vladimir Putin. There were secret meetings, armies of Internet trolls and “targeted” social media attacks. Still, despite the fusillade of juicy details, a story containing salacious allegations […]

All Work & No Play… Makes Jack A Turk?!

Finding a suitable balance between work and daily living is a challenge that all workers face. Families are particularly affected. The ability to successfully combine work, family commitments and personal life is important for the well-being of all members in a household. 1 in every 8 employees in the OECD works 50 hours or more […]

Israel And Iran: Inching Toward Armed Conflict

Authored by Peter Korzun via The Strategic Culture Foundation, Can you hear the drumbeat of war? It is getting louder. Prime Minister Benjamin Netanyahu declared on the final day of the Munich Security Conference that Israel might go a step beyond striking the proxy powers and instead take direct action against Iran. He was especially concerned about […]

USA, USA, USA: America’s 4G Network Is Ranked 62nd ‘Best’ In The World (Behind Macedonia)

The United States takes pride in being a technological leader in the world. Companies such as Apple, Alphabet, IBM, Amazon and Microsoft have shaped our (digital) lives for many years and there is little indication of that changing anytime soon. But, as Statista’s Felix Richter notes, when it comes to IT infrastructure however, the U.S. […]

Russian figure-skater Zagitova brings first gold to OAR at PyeongChang 2018

Russian figure-skater Alina Zagitova has won the women’s free program to bring the first gold medal to Olympic athletes from Russia at the PyeongChang 2018 Olympics. Read Full Article at RT.com x Can’t load widget var changellyModal = document.getElementById(‘changellyModal’); var changellyButton = document.getElementById(‘changellyButton’); var changellyCloseButton = document.getElementsByClassName(‘changellyModal-close’)[0]; changellyCloseButton.onclick = function() { changellyModal.style.display = ‘none’; }; […]

February 23, 2018, Uncategorized
Paul Craig Roberts Rages “Russiaphobia Is Out Of Control”

Authored by Paul Craig Roberts, As has been made perfectly clear, Mueller’s “indictment” of 13 Russians and 3 companies is just another hoax. Robert Mueller discredited himself and his orchestrated Russiagate investigation today (Friday, February 16, 2018) with his charges that 13 Russians and 3 Russian companies plotted to use social media to influence the […]