Human Interest

Amid plummeting ratings, mass job cuts, and constant #resistance, ESPN President John Skipper has finally called it quits from running the so-called sports channel.

Here is Skipper’s statement:

Today I have resigned from my duties as President of ESPN. I have had a wonderful career at the Walt Disney Company and am grateful for the many opportunities and friendships. I owe a debt to many, but most profoundly Michael Lynton, George Bodenheimer and Bob Iger.

 

Earlier this week, the NFL Network and ESPN were rocked with a Harvey Weinstein-esque sexual misconduct allegation involving Hall of Famer Marshall Faulk and former Eagles quarterback Donovan McNabb, and 3 other stars (See: NFL Network, ESPN Suspend Faulk, McNabb And 3 Other Stars After Sexual Harassment Lawsuit).

Dear Readers, I will be away the rest of this week. Be back with you next week.

The post Be Back Soon appeared first on PaulCraigRoberts.org.

Unlike last month's ugly 3Y auction, today's just concluded sale of $24 billion in 3 year paper was stellar, stopping through the When Issued 1.934% by 0.2bps, a surge in buyside demand as the Bid to Cover jumped from 2.76 to 3.15, the highest since September 2015, while Indirect Bidders took down the most since August.

The details: the high yield was 1.932% vs six previous auction average 1.572%, it stopped through the WI of 1.394%.

The Bid-to- cover was 3.15, up from 2.76 in October, and well above the previous six auction average of 2.88.

From Slope of Hope: Checking the Bitcoin chart has, for me, become kind of like watching a huge auto wreck. Even though I have nothing to do with it, I just can't stop looking. In the past 24 hours, three milestones have fallen away - - $13,000, then $14,000, and $15,000.

Let's just say $BTC owners have had a not-too-awful year (unless they sold).