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“Almost Cataclysmic”: Barclays Reveals Which Restaurants Are Most Exposed To Collapsing Malls

We’ve spent a lot of time this year discussing the complete collapse of mall-based retailers, a collapse which has resulted in more store closures in Q1 2017 than all of 2016 and will likely claim more victims by the end of this year than any year since the great recession nearly a decade ago.  Here […]


Here’s How Huffpost Reported Bannon Firing

p>Content originally published at iBankCoin.com     UPDATE: John Podhoretz calls out Polgreen for publishing the headline. Hey @lpolgreen you do realize that Bannon headline is a) witless, b) stupid and c) offensive, right? — John Podhoretz (@jpodhoretz) August 18, 2017 Is it possible that I am dreaming or did Sam Levine from Huffpost really […]


With Bannon Out, Is War With North Korea More Likely: Here Are The Scenarios

When just three weeks ago today Trump fired Reince Priebus and replaced him Gen. John Kelly, we said that “with a military veteran now whispering in Trump’s ear every day, Kim Jong-Un’s days are now numbered.” Then, just two days ago, Steve Bannon himself confirmed in an interview with The American Prospect, that when it […]


Al Gore’s Climate Film Flops – Earth Temps Cooler Now Than When He Won Nobel Prize

Via StockBoardAsset.com, Climate alarmist Al Gore's second film, ‘An Inconvenient Sequel: Truth to Power’ failed to resonate with Americans. The documentary dropped to 18th over the August 11-13 weekend grossing under $2.3 million since its August 04 release. Per Newsbusters.org: Media corporation Viacom pushed the film onto its 700 million subscribers with “An Inconvenient Week” starting […]


Goldman Sees 50% Chance Of A Government Shutdown

As we pointed out earlier, the chances of government agreeing any kind of debt ceiling deal (and avoiding a government shutdown) is dropping fast as USA default risk spikes and the Treasury Bill curve inverts. Goldman Sachs is now concerned also… Uncertainty in The White House is starting to make investors realize the chance of […]


“First They Came For The Statues…”

Authored by James Howard Kunstler via Kunstler.com, First they came for the statues…. What do you know, long about Wednesday, August 16, 2017, House Minority Leader Nancy Pelosi (D-Cal) discovered that the United States Capitol building was infested with statues of Confederate dignitaries. Thirty years walking those marbled halls and she just noticed? Her startled […]


Bitcoin Cash Soars 70% Overnight Amid Bitcoin Uncertainty & China Crackdown

Bitcoin Cash soared overnight, spiking as high as $569 (from below $300) as renewed uncertainty around Bitcoin re-forking, reports that the first 8mb block has been mined, and fears over further crackdowns in China on Bitcoin trading sparked demand for the forked currency, pushing it back up to the 3rd biggest cryptocurrency by market cap. […]


Why There Will Be No 11th Hour Debt Ceiling Deal

Authored by MN Gordon via EconomicPrism.com, A new milestone on the American populaces’ collective pursuit of insolvency was reached this week.  According to a report published on Tuesday by the Federal Reserve Bank of New York, total U.S. household debt jumped to a new record high of $12.84 trillion during the second quarter.  This included […]


Rig Count Drops Most In 7 Months As ‘Traders’ Panic-Buy Crude Futures

The US oil rig count dropped 5 to 763 last week, the biggest drop in 7 months. However, crude production from the Lower 48 has surged (rising the most since June last week) to the highest since July 2015. Even with today's sheer farce panic-buying squeze higher in WTI crude, oil looks set for its […]


Bannon Fired From The White House

Update: from Reuters: BANNON HAS BEEN FIRED FROM HIS WHITE HOUSE POST -PERSON FAMILIAR WITH THE DECISION As the Post writes, while Bannon had been on the outs with Trump before, the president suspected Bannon was one of the main leakers in the administration, trashing his colleagues in the press. The notoriously thin-skinned president also […]


Bannon Out At The White House

Confirming earlier reports from Matt Drudge and the NYT, on Friday afternoon the White House confirmed that Trump decided to push out his chief strategist, and the man who according to many got him elected, Stephen Bannon. “White House Chief of Staff John Kelly and Steve Bannon have mutually agreed today would be Steve’s last […]


Leaked UN Report: Saudi Coalition Responsible For Mass Child Deaths In Yemen

A leaked United Nations report finds that Saudi Arabia has massacred thousands of children in Yemen since the start of its air campaign in the impoverished country and now the Saudis are using their vast wealth and influence to suppress the document's findings in order to stay off of a UN blacklist identifying nations which […]


Return Of The Leakers: Mueller Reportedly Focusing On Don Jr.’s “Intent” During Russia Meeting

Looks like the leakers are back from vacation… After a summer with only a handful of leaked “updates” about Special Counsel Robert Mueller’s investigation into purported collusion between the Russian government and Trump campaign, Buzzfeed is back with its first major investigation “scoop” since it published the phony “Russia dossier” late last year. The digital-media […]


These Are The Top 50 Hedge Fund Long And Short Positions

One can argue that few industries have “suffered” more under central planning than billionaire hedge fund managers. It is no secret to regular readers that over the past decade, hedge funds have not only underperformed the market, but had as a group failed to generate “alpha” since 2011. As we have shown year after year, […]


Stocks Jump On Rumors That Bannon Firing Is Imminent

A decision is reportedly imminent from White House chief of staff John Kelly on whether Steve Bannon will keep his job, according to administration officials with knowledge of the situation. Axios reports that man West Wing officials are now asking "when," not "if," Bannon goes. Axios points out that Bannon, who has run afoul of […]