USDCNY broke above 6.4500 for the first time since the August devaluation, extending its post-IMF plunge to 6 days. This is the largest and longest streak of weakness since March 2014 as China seems to have taken the SDR-inclusion as blessing to devalue its currency drip by drip. Default risk is once again stomping higher as CDS surge from 94bps to 112bps (2-month highs).

During October, the credit impulse in China rolled over and died. 

Who doesn't want a Royalty check every Christmas?

Randy Kennedy, the chief of the Hughes Springs Police Department (in Texas), is the latest in a string of police chiefs across the nation urging citizens to arm themselves following the recent mass shootings in Colorado Springs and San Bernardino.

In this brief clip, Kennedy warns President Obama that trying to take away American's guns will "cause a revolution," adding that the 2nd Amendment is "there to protect us against a government that has over-reached its power," exclaiming "you are not our potentate, sir. You are our servant."

We reported in 2011 that the International Atomic Energy Commission knew within weeks that Fukushima had melted down … but failed and refused to tell the public.

The same year, we reported in 2011 that the U.S. knew within days of the Fukushima accident that Fukushima had melted down … but failed to tell the public.

We noted in 2012:

The fuel pools and rods at Fukushima appear to have “boiled”, caught fire and/or exploded soon after the earthquake knocked out power systems. See this, this, this, this and this.