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“What Is Happening To Our Young People?” Teenage Drug Deaths Surge 20%

There has been no shortage of depressing headlines tied to America's opioid epidemic, and to that list we can add one more: A new study has found that the number of teens who died from overdoses climbed by nearly 20% in 2015 after declining for seven straight years, according to the Guardian. But while men […]


When Haters Hijack History

Authored by Ned Barnett via AmericanThinker.com, Is anything and everything related to the Confederacy be wiped from the face of the earth?  Doing so, these radicals risk losing sight of American history. True, there were some Confederates who were virulent racists.  Nathan Bedford Forrest, an untutored cavalry genius and perhaps the best cavalry leader of […]


Lord Rothschild: “Share Prices Are At Unprecedented Levels, This Is Not A Time To Add Risk”

One year ago, the financial world was abuzz when the bond manager of what was once the world’s biggest bond fund had a dire prediction about how “all of this” will end (spoiler: not well). Gross: Global yields lowest in 500 years of recorded history. $10 trillion of neg. rate bonds. This is a supernova […]


Did Marco Rubio Just Say It’s OK To Beat People For Their Thoughts?

Authored by Shane Kastler via "The Narrow Road" blog, In a truly “free” society, no one gets beaten up for their political views.  Laws cannot be passed against thoughts or symbols.  And mob violence is not allowed to rule the day.  But Florida Senator Marco Rubio, like most establishment political hacks, is not interested in […]


Next Week’s Solar Eclipse Will Cost US Economy $700 Million

$700 million… That’s the total projected cost to the American economy in lost productivity as workers head outside to watch next week’s solar eclipse, according to Chicago executive-outplacement firm Challenger, Gray and Christmas. Here's Reuters: “American employers will see at least $694 million in missing output for the roughly 20 minutes that outplacement firm Challenger, […]


Mike Krieger Fumes Over Bannon Firing: “This Is Now The Goldman Sachs Presidency”

Authored by Mike Krieger via Liberty Blitzkrieg blog, The firing of Steve Bannon is in my opinion the most significant event to happen during the Trump administration thus far. Moreover, it will have massive reverberations across the U.S. political spectrum for years and years to come. I wasn’t planning on writing today, but this news […]


“The Dreaded Phase 4”: What Happens When Credit Spreads Finally Rise

With investors, traders, analysts and pundits focused on the chaos in the White House, and the daily barrage of escalating geopolitical and social news, whether terrorist attacks in Europe or clashes in inner America, the market is finally starting to notice as Friday’s last hour sell-off demonstrated. And yet, according to one of the best […]


Hugh Smith: “We Need A Social Revolution”

Authored by Charles Hugh Smith via PeakProsperity.com, In the conventional view, there are two kinds of revolutions: political and technological. Political revolutions may be peaceful or violent, and technological revolutions may transform civilizations gradually or rather abruptly – for example, revolutionary advances in the technology of warfare. In this view, the engines of revolution are […]


Bitcoin Cash Explodes To Record Highs Over $900 – Here’s Why

After meandering around $300 for the last two weeks, Bitcoin Cash has rocketed higher in the last few days – now trading at record highs over $900. As Bitcoin Cash has surged, Bitcoin has been falling (now back below $4000) as Bitcoin Cash mining profitability becomes more appealing to miners. Bitcoin Cash has surged to […]


David Stockman Warns “Don’t Forget About The Red Swan”

Authored by David Stockman via The Daily Reckoning, Given the anti-Trump feeding frenzy, we continue to believe that a Swan is on its way bearing Orange. But if that’s not enough to dissuade the dip buyers, perhaps the impending arrival of the Red Swan will at least give them pause. The chart below comprises a […]


CalExit 3.0: New Petition Calls For Cali Secession…3rd Time’s A Charm?

A new group of CalExit activists are hoping they can secede (see what we did there?) where two predecessor groups failed in efforts to force California’s independence from the United States of America.  Ironically, you would think that removing California from the union would be something that Republicans and Democrats could actually agree on…so we […]


Berlin Police Separate Hundreds Of Neo-Nazis, Opponents In Hess Tribute March

Approximately 500 Neo-Nazis and far-right extremists are marching in Berlin on Saturday to commemorate the 30th anniversary of the death of Hitler’s first deputy and right-hand man Rudolf Hess, German media reported. At the same time hundreds of counter-demonstrators have gathered near the parade in Berlin’s Spandau district, separated by hundreds of heavily armored police, […]


Only In Cali: New Bill Would Imprison Healthcare Workers For Using Incorrect Pronouns With Patients

California has a well-earned its reputation for introducing wacky legislation. Jerry Brown’s bill specifically written to regulate cow farts is a personal favorite of ours.  For those who missed it the first time around, here is a brief recap of our post entitled “Only In California – Governor Jerry Brown Signs Bill To Regulate Cow […]


Dilbert’s Scott Adams Explains “How To Know You’re In A Mass Hysteria Bubble”

Authored by Scott Adams via Dilbert blog, History is full of examples of Mass Hysterias. They happen fairly often. The cool thing about mass hysterias is that you don’t know when you are in one. But sometimes the people who are not experiencing the mass hysteria can recognize when others are experiencing one, if they […]


The Real Story Behind Goldman’s Q2 Trading Loss: How A $100M Gas Bet Went Awry

Goldman Sachs FICC-trading income was an unexpectedly ugly blemish on what was already a poor Q2 earnings report. And while the FDIC-backed hedge fund initially blamed the decline on lower trading revenues, lack of volatility and depressed client activity… … there was more to the story. The Wall Street Journal has uncovered what really happened: […]