Authored by Stephen McBride via MauldinEconomics.com,
The Fed’s hope was that quantitative easing would stimulate economic growth. But a former senior economist for the Fed believes it has done the exact opposite.
In the first public accusation that "foreign spy agencies" are seeking to destabilize Russia made in recent years, during a meeting with Russia's foreign intelligence agency President Vladimir Putin said that "some foreign special services" are directly supporting extremist and terrorist groups to destabilize the situation near Russia’s borders, President Vladimir Putin said at a meeting with Russia’s foreign intelligence agency.
Instead of instituting a widespread laptop ban on every US-inbound flight, the Trump administration will require nearly 200 airlines (and implicitly almost 300 airports) around the world to meet new heightened security protocols, or be barred from entry.
As The Hill reports, the U.S. is rolling out new aviation security measures for all international flights coming into the country instead of imposing a laptop ban, the Department of Homeland Security (DHS) announced Wednesday.
Other than buying Ethereum, one strategy has stood out in investing circles - selling US equity market volatility, and as Goldman notes, the profitability of vol-selling strategies has accelerated in the last year. With vol at record lows, and after a long-run of success, Goldman unveils its guide to selling volatility, why it's a good idea, and how to do it.
Via Goldman Sachs,
In what is by far the most entertaining research report of the day, Canaccord quant Martin Roberge, essentially admits and apologizes for blowing up the bank's energy client returns in 2017 (with an endless long oil reco), but then - in a bizarre follow up - says that while Canaccord overweight rating on energy has been "costly and like many investors, we feel like throwing in the towel on the group. However, being wrong is not a good reason enough to change one’s stance."