In New Orleans, some black nationalist crazies invaded a vacant house for rent, claimed it as part of their self-described “Washitah Nation” … and the police won’t do anything about it. Excerpt:

Fredrick Hines, whose name is on the tax rolls for the property and whom neighbors say is the true owner, called police after he found out a group of young people had moved into his investment property and changed the locks. Hines said he showed police the deed, which has his name on it, but they wouldn’t remove the people living in the house.

Submitted by Frank Hollenbeck via The Mises Institute,

It is now just a matter of time before the US central bank follows the central banks of Japan, the EU, Denmark, Sweden and Switzerland in setting negative rates on reserve deposits.

Republican front-runner Donald Trump is thinking of suing his GOP opponents and making a quick buck from the 2016 U.S. presidential race. The billionaire businessman and American success story has got the Grand Old Party by the balls. The Donald is “seriously thinking” about starting the litigation ball rolling by first accusing his GOP rival Senator Ted Cruz of being a foreigner and a liar.

We’re nearly two months into the new year and one of the defining themes for markets thus far has been the extent to which investors have seemingly woken up to the fact that central bankers are not, in fact, omnipotent.

Oil prices (and the broader financial markets) have suffered from acute bouts of volatility so far in 2016, with dramatic intraday swings the most worrying feature, and as OilPrice.com's Charles Kennedy warns, this shows no signs of letting up.

With realized volatility soaring...