United States

Authored by 720Global's Michael Lebowitz via RealInvestmentAdvice.com,

“The individual investor should act consistently as an investor and not as a speculator.“ – Ben Graham.

We noted yesterday that the recent trend of increased volumes into Eurodollar future out-months was 'odd'...

But the sudden surge in interest in Eurodollar calls (vs puts) suggests more than just a few prop bets are being placed on the fact that The Fed does not hike rates in June.

In the past week, Goldman's warnings about an imminent market correction have been coming out on almost daily basis.

Authored by Whitney Webb via TheAntiMedia.org,

When the U.S. overthrew the Taliban in the wake of 9/11 as part of its newly launched “war on terror,” it set the stage for the explosive growth of Afghanistan’s dying opium industry. A few short months before the invasion took place, the Taliban made headlines for having “dramatically ended the country’s massive opium trade” after the leader of the fundamentalist group had declared the substance to be un-Islamic. At the time, Afghanistan’s opium was used to produce 75 percent of the world’s heroin.

In a new study entitled "Lifetime Incomes in the United States over Six Decades," economists from University of Minnesota, the University of Chicago and Princeton University took a look at the median lifetime earnings (from ages 25 - 55) of Americans over a multi-decade period starting in 1960.  And while we would typically recommend a healthy dose of skepticism when it comes to reviewing 'economic' studies, this one actually makes some sense... we know because we've been saying it for some time now.