presidential election

In a moment of rare insight, two weeks ago in response to a question "Why is establishment media romanticizing communism? Authoritarianism, poverty, starvation, secret police, murder, mass incarceration? WTF?", we said that this was simply a "prelude to central bank funded universal income", or in other words, Fed-funded and guaranteed cash for everyone.

prelude to central bank funded universal income

— zerohedge (@zerohedge) October 31, 2017

After hinting that retaliation was imminent, Russian lawmakers in the Duma - Russia’s lower house of Parliament - have approved a law that would require nine US news outlets to be labeled “foreign agents” in response to Washington's decision to require Russia Today to register as a foreign agent last week, a decision that Moscow has slammed as hypocritical and infringing on free speech.

It's that time of the year again when with just a few weeks left in the year, Goldman unveils its top trade recommendations for the year ahead. And while Goldman's Top trades for 2016 was an abysmal disaster, with the bank getting stopped out with a loss on virtually all trade recos within weeks after the infamous China crash in early 2016, its 2017 "top trade" recos did far better.

A day after the Atlantic revealed that Donald Trump Jr. exchanged direct messages with somebody (possibly Julian Assange) running Wikileaks’ Twitter account, Buzzfeed has published another ostensibly tantalizing piece of news that, like yesterday’s Trump Jr. non-story, fails to deliver on its headline’s lofty promise.

Creditors had little expectations from today's ad hoc meeting with "soon-to-default" Venezuela, and with good reason: not only was the meeting attended by several sanctioned Venezuelan officials, potentially jeopardizing the legal status of any bondholders who voluntarily appeared at the Caracas meeting meant to "restructure and refinance" Venezuela's massive debt load, but it was nothing but total confusion, with neither Venezuela, nor creditors knowing what is on the agenda, why they were meeting, or what is the endgame.