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Finance


45 minutes ago (via zerohedge.com)
Submitted by Roberty Parry via ConsortiumNews.com (h/t Contra Corner blog),A newly posted video showing a glimpse of a Buk missile battery rolling down a highway in eastern Ukraine has sparked a flurry of renewed accusations blaming Russia for the July 17, 2014 shoot-down of Malaysia Airlines Flight 17 killing 298 people. But the “dash-cam video” actually adds little to the MH-17 whodu

45 minutes ago (via zerohedge.com)
It has not been a good "second coming" for Shinzo Abe, whose first stint as prime minister of Japan ended in disgrace in 2007 after an allegedly crippling bout of explosive diarrhea forced the then-prime minister to resign. To say that Abenomics has been a dismal failure would be an understatement:  unable to boost inflation, unable to boost wages, plummeting trade with both exports and impor

45 minutes ago (via zerohedge.com)
When Taliban leader Mullah Akhtar Mansour was killed recently in a US drone strike, we noted that experts cautioned that it would make local insurgents even less likely to participate in long-stalled peace efforts, and it would likely lead to an escalation of Taliban retaliation efforts.Mullah Akhtar Mansour, Taliban militants' leaderThe key question around the US killings of militant leaders is d

45 minutes ago (via zerohedge.com)
The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical gold is actually exchanged between COMEX trading participants, and gold inventories maintained in COMEX vaults in New York are extremely low. This COMEX Gold Futures Market infographic guides you through

45 minutes ago (via zerohedge.com)
Via TheAntiMedia.org,With California finally mattering in an election season, it might be the final state primary before the Democratic race for president is set in stone. Regardless, recent developments have made one thing astoundingly clear: Donald Trump will almost surely defeat Hillary Clinton in a head to head matchup - and that’s why a vote for Hillary Clinton is a vote for Donald Trum

2 hours ago (via zerohedge.com)
Our prediction that the cabinet of Brazil's new president Michel Temer would not last long received its first validation just 10 days after the impeachment of Dilma Rousseff, when a recording was leaked in which Brazil's new Planning Minister under Temer, Romero Juca, was overheard explaining how the removal of Rousseff would "prevent the wide corruption probe dubbed Carwash from proceeding." This

2 hours ago (via zerohedge.com)
Just last week we reported that Wells Fargo was reintroducing 3% down mortgages on its own, without going through the FHA. The reason we said, was that due to Wells' mortgage origination pipeline drying up, the bank was desperate to find new and innovative ways to boost lending. Now we have direct confirmation that indeed Wells Fargo is desperate, and the plan to boost mortgage lending is

2 hours ago (via zerohedge.com)
First, put down all sharp objects. Now, meet Edith Calzado - maybe the single most successful and productive beneficiary of government assistance you’ll ever meet.As NPR's Planet Money's latest podcast "The Art of Living At The Poverty Line" explains how many Americans are taking advantage of the welfare system..."[Today], We hang out with a woman named Edith, a single

2 hours ago (via zerohedge.com)
When Valeant slashed its guidance back in March, we took a look at what the analysts were thinking just prior to that announcement and what we found was troubling, yet predictable.And now, the "morning after", we finally have the unwind of the sellside narrative. Recall that as recently as yesterday,there were 11 buys, 10 holds, and just 2 sell recommendations, with an average 12 mo

2 hours ago (via zerohedge.com)
Submitted by Adam Taggart via PeakProsperity.com,Long an 'exporter of democracy' to the rest of the world, there is ample evidence that the United States lacks even the most rudimentary, basic protections necessary to preserve voting integrity within its own borders.Some of the evidence is circumstantial, some is statistical, and some is pretty direct and clear-cut. Taken together, a patte




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