Business

The monetary regimes of China and Russia, two of the world's most resource-rich nations, are drawing closer with every passing day.

Over the past 4 weeks, the stock of a tiny New York based "IT service management" company, Helios & Matheson Analytics, Inc., has surged just over 1,300% after announcing plans to purchase a majority stake of an "innovative and disruptive technology company" called MoviePass at a $210 million valuation.

Authored by Andy Xie via The South China Morning Post,

Central banks continue to focus on consumption inflation, not asset inflation, in their decisions. Their attitude has supported one bubble after another. These bubbles have led to rising ­inequality and made mass consumer inflation less likely.

Authored by Robert Gore via Straight Line Logic blog,

It will be a crash like we’ve never seen before.

SLL has been accused of trafficking in “doom porn.” Guilty as charged. If you don’t like doom porn, don’t read this article, it’s hard core. If you prefer feel good and heartwarming, there are plenty of Wall Street research reports and mainstream media stories about the economy available. Enjoy!

And the hits just keep on coming...

Until today's headlines indicating the possibility of another breach of Equifax's security, dip-buyers had been enjoying a few days' relief as analysts clammored to explain how one of the biggest cyberhacks of all time did nothing to hinder Equifax's business model. Tonight, they might just start questioning that as Politico reports The IRS has temporarily suspended the $7.2 million, no-bid contract it awarded to Equifax to verify the identities of taxpayers.