zerohedge June 22, 2018

One week after the second biggest ever weekly tech inflows, in Bank of America’s latest weekly fund flow report, CIO Michael Hartnett shows what the annualized tech inflows in 2018 look like, and it is surely a surreal sight for an entire generation of traders, as the last time we observed such sheer uniform panic […]

zerohedge June 22, 2018

Following reports yesterday that Chinese trade officials had “quietly” approached the US about finding a way to avert a worsening trade war by restarting negotiations, Bloomberg reported Friday that the effort isn’t entirely one-sided: Some White House officials are also pushing to restart talks with China to try and avert a trade catastrophe when US […]

zerohedge June 22, 2018

After yesterday’s intraday risk reversal, which sent S&P futures from session highs just before the European open, to lows following a day of news with more trade war developments and renewed Italian concerns, while the Dow closed down for 8 sessions in a row, tied for the longest losing streak since 1978, markets appear willing […]

zerohedge June 22, 2018

Authored by Jack Gao via INETeconomics.org, Like economics, football is hotly contested, defiant of even the best predictions, and in desperate need of institutional reform… Four years, 872 qualifying games, and seven Federal Reserve interest rate hikes later, the World Cup is back. The world’s most popular sports tournament, happening in Russia for the next […]

zerohedge June 22, 2018

Authored by Andrew Korybko via Oriental Review, Soros is lamenting that his desired world order is under threat because of Trump. Expressing frustration that “everything that could go wrong has gone wrong”, the billionaire financier of countless Color Revolutions all across the world told the Washington Post that he was “living in [his] own bubble” because he […]

zerohedge June 22, 2018

Authored by Michael Klare via The Nation, The decision to change the name of US forces in the Pacific is more than symbolic… it’s a threat. On May 30, Secretary of Defense James Mattis announced a momentous shift in American global strategic policy. From now on, he decreed, the US Pacific Command (PACOM), which oversees […]

zerohedge June 22, 2018

India is facing its worst-ever water crisis, with some 600 million people facing acute water shortage, a government think-tank says. The Niti Aayog report, which draws on data from 24 of India’s 29 states, says the crisis is “only going to get worse” in the years ahead. Around 200,000 Indians die every year because they […]