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Tying It All Together: Rifle Lost During "Fast And Furious" Found In El Chapo's Hideout

Tying It All Together: Rifle Lost During "Fast And Furious" Found In El Chapo's Hideout

Just when we thought the surreal story surrounding Mexican drug lord Joaquin "El Chapo" Guzman's second capture couldn't get any more bizarre, it does just that, but in an oddly satisfying way, one which ties the soon to be incarcerated criminal south of the border with a criminal located right inside Washington D.C., one who however will never be punished. According to the Hill, a .50-caliber rifle recovered from El Chapo's hideout was one of the firearms lost by the U.S. government's gun-smuggling operation Fast and Furious.

Goldman Sends Out Chart Showing U.S. In Recession, Promptly Retracts It

Goldman Sends Out Chart Showing U.S. In Recession, Promptly Retracts It

Earlier today, Goldman's global macro strategist team led by Noah Weisberger released a report titled "Markets do not "Take it Easy" to start the year", which had one very disturbing slide, i.e., "Exhibit 8." - disturbing, because it showed that according to Goldman's Current Activity Indicator, the US was effectively in recession; certainly disturbing enough for us to immediately tweet it with just one comment: "Oops":

Soon Comes The Deluge

Soon Comes The Deluge

Submitted by David Stockman via Contra Corner blog,

The robo-machines are now having a grand old time hazing the August lows at 1870 on the S&P, and may succeed in ginning up another dead-cat bounce or two. But this market is going down for the count owing to a perfect storm.

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