"A Historic Wealth Illusion Built On A Foundation Of False Promises"
Excerpted from Doug Noland's Credit Bubble Bulletin,
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Business
"The Spread Beyond EM And Materials Is Alarming" - Citi's Global Earnings Revision Index Drops To 7 Year Low
With the fourth quarter earnings season in progress, some 15% of S&P 500 companies have already reported resulted for the past quarter, and while 73% have beat EPS thanks to such pathetic gimmicks as Intel's effective tax rate collapse, less than half of companies (or 49%) have beat on the top line.
Betting on Deflation May Be a Huge Mistake. Here’s Why…….
Submitted by StealthFlation Guest Contributor, Clint Siegner – Money Metals Exchange
"What To Make Of It All?" - A Gloomy Preview Of What's Next In Global Macro From Morgan Stanley
A troubling preview of what's ahead from Morgan Stanley's chief cross-asset strategist Andrew Sheets.
What To Make Of It All?
There are still 240 trading days left in 2016, and plenty of questions that need answers. How bad is the global economy? Is oil the driver of markets or a convenient excuse? How much bad news is really in the price? What could realistically improve things, tactically or strategically?
By 2030 Robots Will Be Able To Read Your Mind, Experts Say
By the year 2030 robots will be able to read your mind, and there will be no laws or regulations to prevent them from doing so, according to a panel of scientists at the World Economic Forum. Experts say that smartphones, tablets and computers will be able to examine brain activity in humans and see what they are thinking. Mirror.co.uk reports: Initially this will be used for security as a kind of ‘pass thought’ – the user thinks of a specific song or thought which the device recognises and then unlocks itself.