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Here’s How The Dallas Police Chief Plans To Fill A Record 250 Job Openings

Deteriorating public finances in many public cities are creating headaches for some of the country’s largest police departments. The City of Dallas, as we’ve pointed out time and time again, is in a particularly difficult position. The Dallas Police & Fire Pension (DPFP), which covers nearly 10,000 police and firefighters, is on the verge of […]


Bitcoin Futures Crash Over $2000 From Open, Converge To Bitcoin Spot

Update: Bitcoin and Bitcoin Futures have collapsed since the futures opened… Dropping over $2200 to converge with spot… *  *  * Both CME and CBOE Bitcoin Futures contracts opened above $20,000 this evening (with Bitcoin spot hovering around $19,000). However, as soon as trading started, Bitcoin futures got hammered lower.   Those expecting a surge […]


Morgan Stanley: These Are The 5 Cs That Will Shape 2018

Morgan Stanley’s Chetan Ahya, global co-head of economics, who undeterred by Morgan Stanley’s dire credit outlook, is especially optimistic about the coming year, and in today’s Sunday Start writes that the bank’s key call for 2018 is that “the global cycle will stay stronger for longer” and explains that his constructive view is borne out […]


NFL Attendance Continues To Plummet As Empty Seat Epidemic Enters Week 15

Content originally published at iBankCoin.com As the NFL copes with a ratings slump and ESPN slashes $80 million in salaries after losing 15,000 subscribers a day in October, another major issue facing the league continued to play out in week 15 – terrible attendance.  Ravens vs. Browns, Start 2nd Qtr While many blame the kneeing epidemic of […]


Pandemonium: Atlanta Airport Power Outage Grounds Flights, Traps Travelers; Evacuation Underway

Update: Delta has canceled all remaining Sunday flights ”to allow the operation to best reset for Monday,” it said in a statement on its website. The company now anticipates a near-full schedule Monday in Atlanta ”pending full resumption of power”; adding that some delays and cancellations can be expected. Delta noted that it has canceled […]


Mike Pence Forced To Cancel Bethlehem Visit As Palestinian Christians Protest

This week a number of stories have come out highlighting the general perspective of Palestinian Christians in the context of President Trump's controversial recognition of Jerusalem as the capital of Israel. Some of these headlines include, "Nazareth cancels some Christmas festivities over Trump recognizing Jerusalem as Israel's capital" or "Mike Pence to face bitter reception […]


Bitcoin Futures Open Above $20,000… Then Dump

Both CME and CBOE Bitcoin Futures contracts opened above $20,000 this evening (with Bitcoin spot hovering around $19,000). However, as soon as trading started, Bitcoin futures got hammered lower.   Those expecting a surge in futs volumes on the CME vs the CBOE will be disappointed: CME Bitcoin futures volume 150 ???? — Lee Saks […]


FX Weekly Preview: Dollar Squeeze A Growing Concern, But Longer Term Bears Likely To Temper It

Submitted by Shant Movsesian and Rajan Dhall MSTA from fxdailyterminal.com Over the past week, the argument that the tax reform aimed at corporates specifically could prompt a period of USD repatriation – much like an amnesty – has been growing in sentiment, and whether one believes in this, remains an upside risk we shouldn’t ignore.  […]


“It Looks Like A War Zone” – Californians Describe Thomas Fire’s Devastation

Now the third-largest wildfire in California history, the Thomas Fire has blazed through Ventura and Santa Barbara counties since it exploded into existence two weeks ago under mysterious circumstances. With Cal Fire ordering thousands more people in Santa Barbara to evacuate as dry conditions and powerful winds help feed the flames, which were barely 40% […]


Vince McMahon Considers XFL Relaunch As NFL Fans Evaporate

WWE owner Vince McMahon is considering bringing back his ill-fated football league, the XFL, amid sagging NFL viewership and a racially charged kneeling epidemic of players who won’t stand for the National Anthem which began during the summer 2016 pre-season. In a recent “30 for 30” documentary about the XFL, McMahon and his partner in the […]


President Trump: “I’m Not” Considering Firing Robert Mueller, But It’s “Not Looking Good”

After a week of rumors, denials, whistleblowers, backlash, demands, threats, lies, bias, and anti-bias surrounding Robert Mueller and his investigation, President Trump said Sunday that he is not considering firing the Special Counsel. "No, I’m not,” Trump told reporters, when asked if he intended to fire Mueller, according to Politico. The president was returning to […]


The Latest Crazy Idea From Economic Experts: Abolish Cash (But Don’t Tell The People)

Via GEFIRA, In a recent paper – The Macroeconomics of De-Cashing, Alexei Kireyev of the International Monetary Fund advises abolishing cash without having the citizens aware of the process. First, large banknotes are to be withdrawn from circulation, next limits on cash transactions are to be imposed, then computerization of the world’s financial system and […]


Chicago Commissioner Pleads With UN To Deploy Foreign Troops On US Soil

Under the guise of stopping violent crime, a County Commissioner in Cook County, Illinois, went to New York City late last week to request that the United Nations deploy foreign troops in Chicago to tackle the city’s “quiet genocide.” Perhaps, the geopolitical instability on the Korean Penisula and in the Middle East is just one giant […]


The Output Gap Is Screaming For The End Of The Business Cycle

Via TimeMoney.com, Output Gap Explained The output gap is the difference between actual and potential economic output and is used by economists to understand the health of the economy. There will never be a metric which tells us how the economy will perform with absolute certainty. Not only is it difficult to predict the future, […]