After yesterday's two key events, the ECB and OPEC meetings, ended up being major duds, the market is looking at the week's final and perhaps most important event of the week: the May payrolls report to generate some upward volatility and help stocks finally break out of the range they have been caught in for over a year. However, even today's jobs number will likely be skewed as reported previously as a result of the Verizon strike which is said to trim some 35,000 jobs from the headline print, casting anything the BLS reports today in doubt.
Submitted by Marcus Williamson via Medium.com,
You may have seen the adverts, like the one above, or the headlines:
‘A quarter of a million’ UK students now using sugar daddies — BBC
Meet the sugar baby who’s had 10 sugar daddies - and has found love with one — Mirror
Things Are Thriving In The “Modern Hooker Economy” — Zerohedge
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
The City is a semi-offshore state, a bit like the UK’s crown dependencies and overseas territories, tax havens legitimized by the Privy Council. Britain’s financial secrecy undermines the tax base while providing a conduit into the legal economy for gangsters, kleptocrats and drug barons.