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Millennial Landslide

Wouldn’t want to disturb your complacency or anything, but here’s news:

The percentage of Americans who prayed or believed in God reached an all-time low in 2014, according to new research led by San Diego State University psychology professor Jean M. Twenge.

Explosive Accusation: Belgium Had "Advance And Precise" Warning About Airport And Subway Bombings, Did Nothing

Explosive Accusation: Belgium Had "Advance And Precise" Warning About Airport And Subway Bombings, Did Nothing

In what, if true, is the most incendiary allegation of the day, Israel's Haaretz newspaper reports that Belgian security services and other Western intelligence agencies had "advance and precise intelligence warnings" regarding Tuesday’s bombings. According to the paper, "the security services knew, with a high degree of certainty, that attacks were planned in the very near future for the airport and, apparently, for the underground railway as well."

Here is the full Haaretz report:

Oil Hits Critical Choke Point: Why "The Market Faces A Round Of Rapid Stockbuilds"

Oil Hits Critical Choke Point: Why "The Market Faces A Round Of Rapid Stockbuilds"

One month ago, just as Cushing storage was rapidly approaching its operational capacity, we warned that Cushing (and increasingly all parts of PADD 2) is denying storage requests. We also said that overall PADD 2 inventories had risen to a new record high 155 million barrels...

... hinting that it was just a matter of time before excess production would be shifted to other regions, most notably the Gulf Coast, or PADD 3.

"It's No Longer A Market But A Battlefield" - Why Crispin Odey's $11 Billion Fund Has 5% Daily Swings

"It's No Longer A Market But A Battlefield" - Why Crispin Odey's $11 Billion Fund Has 5% Daily Swings

In February, Cripsin Odey's quite bearish $11 billion Odey Asset Management had a tumultuous month: it was down -10.6% as the overall market levitated relentlessly on low volume hopes of central bank stimulus and intervention ever since the February 11 lows, leading to the biggest short squeeze in history and the most overbought market ever.

 

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