One Trader Reflects On A Bad Trade - The Never-Ending Grain Pain (And Whose Fault It Was)
Authored by Kevin Muir via The Macro Tourist blog,
I have had some bad trades in my day. But lately, one call has been especially atrocious.
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America
And So Begins The Rug-Yank Phase Of Fed Policy
Authored by MN Gordon via EconomicPrism.com,
The political differences of today’s leading two parties are not over ultimate questions of principles. Rather, they’re over opposing answers to the question of how a goal can be achieved with the least sacrifice. For lawmakers, the goal is to promise the populace something for nothing while pretending to make good on it.
As Bitcoin Surges To New Record Highs, 5 Lessons For Every Crypto Investor
Once again the stories of the death of Bitcoin appear to greatly exaggerated.
image courtesy of CoinTelegraph
Overnight Asian demand sent the cyrptocurrency to a new record high at $17,934 (Bitstamp).
Ethereum is off from its $750 highs, but rallying again today...
Today's preice action in ETH and BTC show the ususual trade-off...
And while buying every dip and HODLing makes everyone seem like a genius, DataTrek Research's Nicholas Colas has 5 Bitcoin Lessons For Every Investor
"Suspense Mounts" - Timing Of Tax-Reform Votes In Limbo As More Senators Get Cold Feet
With Bloomberg writing this morning that "Mystery, Suspense Mount" two days after President Donald Trump told the American public that Congress was “just days away” on tax reform, two more senators - including one-time Trump rival - Marco Rubio appear to be getting cold feet - much to the market’s chagrin. Yesterday afternoon, stocks dropped and the VIX jumped above 10 as Rubio and Utah’s Mike Lee said they had reservations about the draft bill being put together by the conference committee.
Weapons Went From The CIA To ISIS In Less Than Two Months, New Study Reveals
- Mainstream media in 2013: "Conspiracy Theorists!"
- Mainstream media in 2017: "ISIS Got a Powerful Missile the CIA Bought!"