June 2018

From ‘Steve Jobs’ To No Job: Theranos Fires CEO Holmes As US Files Criminal Charges

We wonder: Will Tim Draper still defend her now? Three months after the Securities and Exchange Commission filed civil charges against former Theranos CEO Elizabeth Holmes and former COO/boyfriend Ramesh “Sunny” Balwani, federal prosecutors from the US Attorney’s office in San Francisco filed criminal charges against both former executives following a two-and-a-half-year investigation that was… [...]

Friday Humor? Pundits Worry Threat Of Nuclear War Is Being Reduced

Authored by Gregory Shupak via ‘Fairness & Accuracy in Reporting’, Media outlets don’t want America to negotiate with North Korea; they want the US to hold  North Korea for ransom. MSNBC‘s Rachel Maddow (6/12/18) appears dismayed by the manifestation of a US president meeting with an Official Enemy. On MSNBC’s Rachel Maddow Show, the host was aghast… [...]

Rand Slides To 6-Mo Lows As South Africa Unveils ‘Affirmative Action’ Mining Charter

Seemingly not satisfied with ‘enabling‘ the  violent deaths of hundreds of white farmers with their policy of redistribution (confiscation) of white-owned farm-land to poorer black farmers, South Africa’s still-newly-minted government has decided to apply the same cleansing of the “original sin,” to the nation’s resource mining operations. As Ramaphosa previously noted, he wants to see… [...]

Weekend Reading: Merger Mania

Authored by Lance Roberts via RealInvestmentAdvice.com, On May 24, 2018, Paul La Monica penned an article for CNN Money entitled Companies have spent a stunning $2 trillion on mergers so far this year.  The article notes that in 2018 merger activity has hit a feverish pitch fueled by “healthy balance sheets and strong share prices.” While… [...]

Here Is The Stunning Reason Why Treasury Yields Blew Out In April

As Trade Wars began, the rest of the world dumped more Treasuries in April than in any month since January 2016… Hedge funds were buyers (as implied by the rise in holdings from the Cayman Islands)…they added $15,2 billion in April – the most ever…   But the biggest selling culprit was not “good friend”… [...]

Dollar Higher After Fed Hike and Dovish ECB

The US dollar gained against all major pairs this week. A hawkish Fed and a dovish European Central Bank (ECB) gave the edge to the American currency. Donald Trump scored diplomacy points in Singapore by meeting with North Korean leader Kim. Trade war fears were once again at the forefront as the Trump administration announced… [...]

“There’s F**king No One Else”; DNC Strategist Laments Over Broken Party; “Bill Clinton Toxic, Carter Too Old”

Following a Monday report that President Obama is “secretly” meeting with top Democratic contenders for the 2020 election, The Hill notes that desperate Democrats beset with Clinton fatigue are freaking out over the fact that the much “blue wave” appears to be crashing on the rocks, and there’s nobody around to salvage the party ahead of midterms and… [...]

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