zerohedge June 8, 2018

Authored by Lance Roberts via RealInvestmentAdvice.com, Last year, I penned an article discussing the primary problems with Social Security. To wit: “According to the June 2017 snapshot from the Social Security Administration, nearly 61.5 million people were receiving a monthly benefit check, of which 68.2% were retired workers. Of these 41.9 million retirees, more than 60% count […]

zerohedge June 8, 2018

Markets move robotically higher, US creates fasteresterest super-computer ever-ever, Tudor’s AI fund outperforms humans dramatically, Durant shows cyborgian features… It’s here… It’s all green, all the way baby…   VIX tried its best to get back below 12…   Growth dominated value to start the week then factors reversed rapidly on Thursday morning as value […]

zerohedge June 8, 2018

While China won’t be participating in next Tuesday’s nuclear summit between President Trump and North Korean leader Kim Jong Un, US officials say they are preparing to counter a wide variety of spying techniques employed by Beijing at the Capella Hotel on the resort island of Sentosa, Singapore, reports NBC News. “China remains a particularly aggressive espionage actor and is […]

zerohedge June 8, 2018

Authored by Simon Black via SovereignMan.com, Two days ago the respective Boards of Trustees for Medicare and Social Security released their annual reports for 2018. As usual, the numbers are pretty gruesome… and the reports plainly stated what we’ve been talking about for years: the trust funds for both Social Security and Medicare are going […]

zerohedge June 8, 2018

Authored by Patrick Buchanan via Buchanan.org, “Though New York City has one of the most segregated schools systems in the country,” writes Elizabeth Harris of The New York Times, until now, Mayor Bill de Blasio “was all but silent on the issue.” He was “reluctant even to use the word ‘segregation.’” Now the notion that […]

zerohedge June 8, 2018

While The Fed has shifted from QE to QT and a policy of broad “financial conditions tightening” has been driving the “rolling volatility events” of 2018 – with the potential for a “hawkish hike” next week causing more agitation – Nomura’s Charlie Mcelligott notes that currently the most acute stress is seen in illiquid EM […]

zerohedge June 8, 2018

While President Trump insults his erstwhile foreign partners in a colorful twitter tirade ahead of a G-7 (or rather, G-6+1) summit in Quebec, exposing the very real fragmentation of longtime western partnerships as the US cracks down on unfair foreign trade practices, a productive meeting between China’s “Emperor for Life” Xi Jinping and Russian President […]

zerohedge June 8, 2018

Just days after Kate Spade, 55, took her life in a tragic suicide by hanging herself in her apartment, moments ago CNN reported that Anthony Bourdain, award-winning celebrity chef, writer and CNN TV host who took viewers “around the world” has died at the age of 61, in an apparent suicide after hanging himself in […]