Having been responsible for the biggest flash crashes in recent years, it is no surprise that when it comes to the market's growing structural vulnerabilities, high frequency traders have emerged as the primary authority on how to crash the market in the blink of an eye. Which is perhaps why none other than the Pentagon is seeking advice from HFTs on how hackers could "unleash chaos" in the US financial system.
Two weekends after Trump publicly snubbed and mocked Rex Tillerson's attempts to achieve a diplomatic resolution with North Korea, when the president tweeted that "I told Rex Tillerson, our wonderful Secretary of State, that he is wasting his time trying to negotiate with Little Rocket Man...
Authored by John Curran via Barrons,
The petrodollar system is being undermined by exponential growth in technology and shifting geopolitics. What comes next is a paradigm shift...
The Unraveling of American/Russian Relations
Paul Craig Roberts
Dear Readers: I agree that the official Las Vegas story seems to be unraveling. A public mass shooting should be transparent, not opaque. I think we explored the story long enough to discover that without knowing the facts, we cannot arrive at an explanation with confidence.
The United States is the undisputed capital of the unicorn - private companies worth more than $1 billion. This title though, is becoming more and more under threat, primarily from China.
You will find more statistics at Statista
As Statista's Martin Armstrong notes, according to CB Insights, there are currently 215 unicorns in the world, of which 108 are from the U.S.
When it comes to the 'birth' of new unicorns however, America's strength is clearly being diluted.