Miley Cyrus: 50 Ways to Leave Your Lover

50 Ways to Leave Your Lover Happy Hippie Presents: Backyard Sessions – 50 Ways to Leave Your Lover performed by Miley Cyrus Click here to donate: To launch The Happy Hippie Foundation, Miley created a new Backyard Sessions series and invitedspecial musical guests to perform with her to make these music video collaborations. Founded…

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Doug Casey: The Real Problem Is Government

Submitted by Doug Casey via,
I give a good number of speeches each year. For some time I've asked audiences a question: "What useful purpose does the U.S. government serve?" I do that not to be challenging or provocat…

China – A Reversal Of Urbanization?

Submitted by Pater Tenebrarum via,
Economic and Demographic Changes
We have discussed China’s debt and malinvestment problems in these pages extensively in the past (most recently we have looked at various efforts to keep the yuan …

America’s Imperial Overstretch

Submitted by Patrick Buchanan via,
This week, SU-24 fighter-bombers buzzed a U.S. destroyer in the Baltic Sea. The Russian planes carried no missiles or bombs.
Message: What are you Americans doing here?
In the South China Sea, U.S. planes…

How To Trade The Coming Helicopter Money: Deutsche Bank Explains

Now that not only Mario Draghi but also Ben Bernanke have joined in the loud and growing chorus of “economic experts” debating the arrival of the monetary paradrop and suggesting that that helicopter money “may be the best available alternative”, it is…

Succinct Summation of Week’s Events 4.15.16

Succinct Summations for the week ending April 15th 2016 Positives: Initial jobless claims came in at 253k, down from 267k previously. S. and global stocks finished the week higher. CPI rose 0.1% m/o/m and 0.9% y/o/y. Core inflation rose 0.1% m/o/m. Bloomberg consumer comfort index came in at 43.6, better than the 42.6 expected. Mortgage…

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Weekend Reading: Sagacious Discombobulation

Submitted by Lance Roberts via,
I noted in yesterday’s post that individuals, while still fully invested in the financial markets, are saying they are extremely bearish on the market. To wit:

“Speaking of the Fed,…

Slim Majority in U.S. See Good Local Job Market Conditions

Fifty-one percent of U.S. adults believe the job market in the city or area where they live is good for job seekers. Those employed full time and nonwhites are far more likely to think that now is a good time to find a good job.

Silver Soars, Stocks Roar On 2nd Biggest Short-Squeeze Since 2011

After a week like this:

Retail Sales Tumble
Industrial Production Plunge
Inventories-to-Sales Surge
30Y Yield UNCH
Small Caps +3%

This seemed appropriate:

This was the worst two-week period for US Macro surprises since Dec 1st 2015…..

Mike Corbat now entangled in banking Catch-22

The Citigroup boss aced both the living will and stress tests. He also has fashioned an efficient operation, evidenced by Q1 results. To improve on a 6.4 pct return on equity, though, will require…

Why All Central Planning Is Doomed To Fail

Authored by Bill Bonner of Bonner & Partners (annotated by's Pater Tenebrarum),
Positivist Delusions
[ed. note: this article was originally published on March 5 2013 – Bill Bonner was on his way to his ranch in Argentina, s…

Which Are The Highest Paying Trading Jobs

As the following chart showing the collapse in trading revenue across the banks who have reported Q1 earnings so far shows…

… it has been a very bad start to the year for America’s largest, too big to fails/too big to prosecute.
It has bee…