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Judge Halts Shkreli Trial
The trial of former Turing Pharmaceuticals CEO Martin Shkreli has been temporarily halted by Judge Kiyo Matsumoto after Shkreli’s lawyer objected emphatically as the prosecution planned to show jurors documents it claims are evidence of fraud committed by Shkreli, without calling witnesses to back them up, according to CNBC.
Don't Be Fooled - The Federal Reserve Will Continue Rate Hikes Despite Crisis
Authored by Brandon Smith via Alt-Market.com,
Purchases Of US Real Estate By Foreigners Hit All-Time High In 2016
In a testament to Chinese oligarchs, criminals, money launderers and pretty much anyone who is desperate to park their cash as far away from the mainland as possible, purchases of US real estate by foreign buyers surged to an all-time high in 2016, according to data from the National Association of Realtors via CNBC.
Bank Of Japan Leaves Policy Unchanged As Expected - Admits Defeat On Deflation
Japan's long and sordid dance with unconventional monetary policy continues. With most analysts expecting a 'nothingburger' from Kuroda (though some hinting at the potential for shock-and-awe), The BOJ delivered... nothing - no change. However, most critically, the BOJ admitted defeat of deflation and delayed the timing of reaching their 2% inflation goal to around FY2019.
No change to policy: