Bringing the Stupid

No matter one’s chosen ideology, if the data doesn’t support it, the risks of continuing on that path are enormous. It’s not the percentage play (by definition). And it’s not the smart play.

How Facebook Exploits Underage Girls In Its Quest For Ad Revenue

Submitted by Mike Krieger of Liberty Blitzkrieg
How Facebook Exploits Underage Girls in its Quest for Ad Revenue
Sophie Bean, 14, of Sequim, Wash., said she was thought she was “liking” a Facebook ad related to fashion modeling. Instead, it promoted a Facebook page that recruited adult webcam models.
“I just thought it was for modeling, and I…

Fortress Loses Millions On Bitcoin Investment

Readers will recall that back in October, when the only way for Bitcoin seemed up, none other than the head of sophisticated hedge fund/private equity megafund Fortress Group, Michael Novogratz, recommended buying Bitcoin:  “I have a nice little Bitcoin position,” Novogratz said. “Enough that I’m smiling that it doubled… Put a little money…

Is This Time Bomb Going To Implode The Economy?

Today KWN is pleased to share an important piece from 50-year veteran Art Cashin, who is Director of Floor Operations at UBS ($650 billion under management). Cashin covers market action and discusses the ticking time bomb that threatens the economy. His piece includes an outstanding commentary from Richard Yamarone.

New Spy Technology To Spawn Oil Revolution

Submitted by James Burgess of OilPrice.com
New Spy Technology to Spawn Oil Revolution
The future of oil exploration lies in new technology–from massive data-processing supercomputers to 4D seismic to early-phase airborne spy technology that can pinpoint prospective reservoirs.
Oil and gas is getting bigger, deeper, faster and more efficient, with ne…

5 Things To Ponder: Reality Check

Feb 28, 2014 Lance Roberts  This week’s “Things To Ponder” is a grab bag of things that got me to thinking about where we are today. While the markets have had a very strong rally in recent weeks it has been on the back of weak economic data. It is hoped, of course, that this will mean that the Fed will eventually rethink the speed …