It has been a morning session of two halves.
In Asia, the mood was somber, and stocks fell with the Shanghai Composite (+1.1%) outperforming on another late session binge-fest by the National Team, and the Nikkei 225 (-1.4%), Hang Seng -1%, Kospi -0.2%, ASX -0.6%, Sensex -0.4% and the South Korean Won all down following news of the biggest Chinese Yuan devaluation in five weeks.
Submitted by Neal Gabler via TheAntiMedia.org,
So here is how you play the media like an accordion.
First, you deliver a debate performance so notably bad, so mechanical and unthinking, that you have everyone buzzing about it, even those in the media who gush over you. Then you take responsibility for being awful because, after all, you don’t want to give the impression that you might not really be responsible for uttering the words you uttered – four times.
In Charlottesville, I found myself having a lunch conversation one day with some folks who are involved in Christian education at the elementary and secondary level. They were talking about the challenges they face today. One of the biggest is the ubiquity of smartphones in the hands of kids. Parents think nothing of giving them to their children, the educators said, and many kids have virtually unlimited access to the Internet. There’s the “older brother porn problem” in which younger kids get turned on to porn by watching it on an older sibling’s smartphone.
Submitted by Christoph Gisiger via Finanz Und Wirtschaft,
Fred Hickey, editor of the widely read investment newsletter «The High-Tech Strategist», warns of more trouble to come for stocks and spots bright investment opportunities in the gold sector.
Photo by Rod Dreher
When I pulled back the covers last night, this was lying in my bed, not un-horse-headishly. It had been placed there by my elder son, who picked it up at on thrift store run.
There will be payback. Let the word go forth.