Europe

Massive Equifax Hack Shows Cyber Risk to Deposits and Investments Today 

For the first day in three S&P futures have pulled back modestly from record levels as some investors cautioned that gains had gone too far, too fast, European shares are mixed while Asian equities extended their longest rising streak in almost two months as continued gains in Japan and India offset the losses in Hong Kong. The dollar ended a two-day advance as TSY yields dropped in what has become a close correlation trade (see below) while oil and gold rose, perhaps in response to the ongoing plunge in bitcoin.

Authored by Giulio Meotti via The Gatestone Institute,

Authorerd by Patrick Buchanan via Buchanan.org,

Recently, a columnist-friend, Matt Kenney, sent me a 25-year-old newspaper with his chiding that my column had been given better play.

Both had run in The Orange County Register on June 30, 1991.

“Is there no room for new nations in the New World Order?” was my title, and the column began:

Six years ago, Kyle Bass provided a crucial context for the debt-laden world of ever-increasing sovereign debt:

"Buying gold is just buying a put against the idiocy of the political cycle. It's That Simple"

And now, as interest in Bitcoin surges, Arthur Hayes, a former CitiGroup trader who runs BitMEX - a Hong Kong-based crypto exchange - asks an interesting question - In the coming war between digital currencies, which side will your money be on?