Month: June 2018

zerohedge June 30, 2018

Recent developments in separate cases against former Trump officials Paul Manafort and Mike Flynn have left many scratching their heads. On Friday, Politico reported that the Associated Press may have tipped off the FBI to a storage locker that the bureau then raided, according to an FBI agent who gave an unexpected testimony at a federal court hearing […]

zerohedge June 30, 2018

With the “smart” money (as defined by Don Hays) exiting the stock market in droves, yield curves collapsing (now with extra help from a “Twisting” ECB), extreme speculative positioning in bonds, and a dramatically diverging economic reality from market market narratives, the possibility of a crash – Fed triggered or not – is rising. Do […]

zerohedge June 30, 2018

Authored by Nicholas Colas via DataTrekResearch, Prior to starting DataTrek with Jessica, I spent +30 years in the equity business, first in fund operations, then stock research, hedge funds, and finally writing market strategy for a brokerage firm. That time span represents an entire cycle for “Wall Street” as a business, from starting up a handful […]

zerohedge June 30, 2018

Authored by Daniel Nevins via FFWiley.com, Here are six things you might like to know about the Congressional Budget Office’s 2018 Long-Term Budget Outlook, which was released on Tuesday. The CBO’s baseline scenario shows federal debt held by the public rocketing upward at a trajectory not seen since 2009, but this time on a sustained basis […]

zerohedge June 30, 2018

Defying the Trump administration, Turkey said it would ignore the State Department’s call on US allies to stop importing Iranian crude oil by November 4, when the latest sanctions against Iran are set to kick in. Earlier this week, the State Department called on all US allies to completely stop buying Iranian crude, sending the […]

zerohedge June 30, 2018

Authored by Charles Hugh Smith via OfTwoMinds blog, All sorts of centralized organizations that appear rock-solid may well melt into air as the disintegrative dynamics gather momentum. Rising political and social discord that is generally being attributed to “populism” may actually be the re-emergence of ancient geographic and cultural fault lines. An often-overlooked manifestation of this […]