Business

While we will have much more to share from the latest weekend letter by One River's Eric Peters shortly, we found the following section on inflation vs asset bubbles - a topic which BofA's Michael Hartnett has been focusing extensively on in the past year and which serves as the basis for the "Icarus Rally" - particularly notable as it explains all of today's comments from Janet Yellen and other central bankers, discussing why it is only a matter of time before inflation returns, as the alternative, as Peters' explains, is a world in which yields simply refuse to go up, leading to a nightma

Having been responsible for the biggest flash crashes in recent years, it is no surprise that when it comes to the market's growing structural vulnerabilities, high frequency traders have emerged as the primary authority on how to crash the market in the blink of an eye. Which is perhaps why none other than the Pentagon is seeking advice from HFTs on how hackers could "unleash chaos" in the US financial system.

(GLOBALINTELHUB.COM) — 10/15/2017 Dover, DE — The Bit Paradigm has arrived; with billions being thrown into projects that no one knows who are the founders, or if the profiles they use for their ‘team’ pages are guys working from home or have day-jobs at the local grocery store.  It is transforming the landscape so rapidly, we compiled a sequel to Splitting Pennies entitled Splitting Bits – Understanding Bitcoin and the Blockchain – available on Amazon Kindle for $2.99 and Paperback $9.99.

Authored by John Curran via Barrons,

The petrodollar system is being undermined by exponential growth in technology and shifting geopolitics. What comes next is a paradigm shift...

Authored by Charles Hugh Smith via OfTwoMinds blog,

This is the new model of nationalization: central banks control the valuation of private-sector assets without actually having to own them lock, stock and barrel.