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The Beginning Of The End Of Calm Bond Markets

The Beginning Of The End Of Calm Bond Markets

Via Kevin Muir of The Macro Tourist blog,

Although the market is convinced the Federal Reserve will get aggressive with their rate hikes, I am not sure market participants have thought this through. Let’s not forget the Federal Reserve is sitting on the largest balance sheet in history.

This portfolio is the result of years of Quantitative Easing. It was made riskier with the Fed’s “Operation Twist” that extended the duration of their balance sheet by buying long dated securities while selling shorter ones.

WikiLeaks: CIA Listens To Your iPhone Conversations

WikiLeaks: CIA Listens To Your iPhone Conversations

Thousands of CIA documents published by WikiLeaks on Tuesday reveal that the Central Intelligence Agency had tools enabling them to listen to private conversation on any iPhone device.   The Vault7 documents reveal that the CIA developed malware enabling them to turn iPhones, Android devices and Samsung smart TVs into covert listening devices. Under the codename “Weeping Angel,” developed in co-operation with MI5, the spy agency was able to listen into private conversations held in front of a smart TV – even whilst the television set was apparently switched off.

OECD Issues Gloomy Outlook on Global Growth, Due to Protectionism and ‘Failing Trust in National Governments’

OECD Issues Gloomy Outlook on Global Growth, Due to Protectionism and ‘Failing Trust in National Governments’

Founded after World War 2 to administer the Marshall Plan in Europe, the OECD has been the preeminent force behind globalization in the world for decades. They are, quite literally, the New World Order and they don't like what they're seeing now, with Trump, Le Pen, revolt in Netherlands and Italy -- the whole nationalist movement that is sweeping the planet.

Wikileaks Unveils 'Vault 7': "The Largest Ever Publication Of Confidential CIA Documents"; Another Snowden Emerges

Wikileaks Unveils 'Vault 7': "The Largest Ever Publication Of Confidential CIA Documents"; Another Snowden Emerges

WikiLeaks has published what it claims is the largest ever release of confidential documents on the CIA. It includes more than 8,000 documents as part of ‘Vault 7’, a series of leaks on the agency, which have allegedly emerged from the CIA's Center For Cyber Intelligence in Langley, and which can be seen on the org chart below, which Wikileaks also released:

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