United States

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

In a rerun of what happened two years ago when in April 2014 a Russian Su-24 fighter jet flew repeatedly within 1000 yards of a US warship, CNN reports that the Pentagon is furious that while sailing in the Baltic Sea, US warship the USS Donald Cook had two "extremely close overflights" by unarmed Russian fighter jets.

According to the initial reports, two concerning encounters occurred Tuesday night in international waters. A third overflight, at a more acceptable distance, happened Sunday, according to the source.

My 15 year old son and I went to the NY Hedge Fund Roundtable event on the energy sector at the Penn Club last week. It's good to have your children see you perform. The discussion surrounded the price of oil, LNG and the impact Elon Musk is having on the oil industry.

Stephen Schork of the Schork report was the standout personality of the panel (buyside vs sellside panelists) basically echoing what yours truly has been telling you.

Submitted by Jeffrey Snider via Alhambra Investment Partners,

It seems billion dollar baby of Silcon Valley, Elizabeth Holmes, is facing yet another unicorn-slaying moment as the fairy-take ending for Stanford drop-out looks increasingly distant after WSJ reports regulators are seeking ban the so-called "billionaire" from the blood-tsting business for two years after U.S. health inspectors have found serious deficiencies at Theranos Inc.’s laboratory in Northern California.

As The Wall Street Journal reports,