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WeWork: London’s Soon-To-Be Biggest Property Renter Makes Massive Bet On Office Market Despite Brexit

The rationale for creating WeWork, the eco-friendly serviced workspace provider, was simple as co-founder Adam Neumann explained to the New York Daily News. “During the economic crises, there were these empty buildings and these people freelancing or starting companies. I knew there was a way to match the two. What separates us, though, is community.” […]


DOJ Launches Probe Into Harvard’s Affirmative Action Admissions

The Department of Justice is taking its first tentative steps toward dismantling the 40-year-old system of affirmative action that governs admissions at US colleges and universities by opening an investigation into the admissions practices of America’s oldest and most venerated institution of higher education: Harvard. According to the Wall Street Journal, the DOJ’s investigation into […]


George Soros To Congress: “Please Don’t Cut My Taxes”

After transferring over the bulk of his personal wealth to his “Open Society” Foundation – the umbrella organization for a network of dozens of political groups that push Soros’s far-left agenda across the US and Europe, Soros is still comfortable enough to justify giving away even more of his money – this time to the […]


Mysterious Bitcoin Dip-Buyer Identified

Amid the cataclymsic collapse of Bitcoin late on Friday night, the crypto currency suddenly saw a large buyer step in as prices plummeted below $6000. We now have an idea who that buyer of last resort was… As a result of a giant publicity effort from its proponents, BCH saw mass investment as it heads […]


EU Shadow Rate Madness

Authored by Kevin Muir via The Macro Tourist blog, The other day I stumbled upon this great tweet from Holger Zschaepitz, the senior editor of the financial desk of the German newspaper, Die Welt. I have often said the last thing any equity bull should hope for is a strong economy, especially one accompanied with […]


QE’s Untold Story: A Chart That Fed Correspondents Need To Investigate

Authord by Daniel Nevins via FFWiley.com, We’ve produced some research over the years that we’d love to see the powers-that-be react to, but none more so than our look at financial flows during the QE programs. By netting all lending by banks and brokers-dealers and then comparing it to the Fed’s lending, we stumbled upon […]


Personal Recollections From The Crash Of 1987: “There Was No ‘Smart Money’ That Day!”

Via LyonsSharePro.com, The following guest post is a first-hand account of the events surrounding the Crash of 1987 by JLFMI President, John S. Lyons. Personal Recollections of the Crash of 1987 on its 30th Anniversary “There was no ‘smart money’ that day.” What do the assassination of President John F Kennedy, the beginning of Desert Storm […]


After Losing Millions To Nigerian Scammers, A Bankrupt Boris Becker Is Liquidating His Assets

It has already been one of the most remarkable rags to riches and then back to rags – with a bankruptcy on top – stories ever, and it is getting more bizarre by the day. Boris Becker/ Reuters Three months ago, we reported that while Boris Becker was a legend on the tennis court, when […]


Traders Yawn After Fed’s “Great Unwind”

One day after the much anticipated Fed announcement in which Yellen unveiled the “Great Unwinding” of a decade of aggressive stimulus, it has been a mostly quiet session as the Fed’s intentions had been widely telegraphed (besides the December rate hike which now appears assured), despite a spate of other central bank announcements, most notably […]


Caught On Tape: Mexican Authorities Take On Drug Cartel In Yet Another “Military Style” Shootout

Via StockBoardAsset.com, In part one of this series called: ‘Why America Needs a Wall’, we showed a video of an intense firefight between Government forces and drug cartel members. The widespread death and destruction rippling through Mexico this year is not widely being reported by the mainstream media.  In the first 6-months of 2017, more […]


DHS Selects 4 Contractors To Build Prototypes For Trump’s Border Wall

The Department of Homeland Security has finally reached a decision in the long-delayed process of selecting contractors who will build prototypes of President Donald Trump’s promised border wall. The department announced Thursday that it has selected four contractors to build wall prototypes, and that construction is slated to begin this winter, according to CNN. The […]


Trump’s Big Decision: Why Not Danielle DiMartino Booth For A Fed Post?

  Trump’s Big Decision: Why Not Danielle DiMartino Booth For A Fed Post? Written by Peter Diekmeyer, Sprott Money News   Lead photo by Rose Baca of the Dallas Morning News.   US President Donald Trump’s decision about who will replace Janet Yellen when her Federal Reserve chairmanship expires in February will be the biggest […]


What David Tepper Bought And Sold In Q2: The Full Breakdown

Remember when several months ago the news that David Tepper disclosed that his Appaloosa bought a (tiny 100,000 share) take in Snapchat in Q1, sending the stock briefly higher, especially after he said that he would add more if the price fell below its IPO price of $17? Well, according to his just released 13F, […]