Authored by Tom Luongo via TomLuongo.me,
The biggest open-secret in Hollywood was that Harvey Weinstein was a Grade-A pervert. And his ‘coming out party’ this week is incredibly intriguing. Hollywood is a dirty place.
It’s Chinatown, squared.
Authored by Steven Vanelli via Knowledge Leaders Capital blog,
With some exceptions, smaller-cap stocks in the US tend to pay higher taxes than their larger-cap peers. As such, speculation that corporate tax rates may be cut has stoked the performance of US small caps recently.
[ZH - and in recent days - tax hope appears to have faded fast...]
In a trend observed every day this week, S&P futures are slightly in the red ahead of a post-open ramp with the VIX rising to 9.91, as Asian shares climb, European stocks are little changed. WTI crude pares recent gains, slipping below $51 after API showed an unexpected crude build. Earnings season launches with bank earnings reports from JPMorgan and Citigroup, while Economic data include PPI figures, jobless claims.
US intelligence agencies are claiming that the Russian government leveraged the popularity of Kaspersky Labs’ cybersecurity software to create what is tantamount to a global spy network with the company’s explicit cooperation. However, Germany’s intelligence agencies say they’ve found “no evidence” to suggest these reports are true.
Authored by Mike Krieger via Liberty Blitzkrieg blog,
WAR is a racket. It always has been.
It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.