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Finance


7 hours ago (via zerohedge.com)
As we reported previously, Sunday afternoon's round of NFL games included players from nearly every team joining the "take a knee" protest during the National Anthem, while many others locked arms in solidarity with players who decided to take a knee, or - in the case of the Pittsburg Steelers - remained in the locker room, and thus weren't visible to the public. Notabl

7 hours ago (via zerohedge.com)
The Russian Defense Ministry has released aerial images allegedly showing ISIS, the SDF, and US special forces working side-by-side on the battlefield against Syrian and Russian forces in Dier ez-Zor, Syria.The aerial photos of ISIS' territory north of #Deir_ez_Zor where #USA special operation troops are seen https://t.co/lH6u8H9bvZpic.twitter.com/gjqlQubi9o— ?????????? ?????? (@mod_russ

7 hours ago (via zerohedge.com)
On Sunday evening, President Trump announced he would replace his controversial travel ban with a targeted list of restrictions that will enhance vetting for nationals from eight countries, and restrict or prohibit entry of citizens from North Korea and Venezuela among others, to the United States as part of a sweeping new travel ban that also slaps restrictions on Iran, Chad, Libya, Syria, Yemen

9 hours ago (via zerohedge.com)
As if the flow of news on this warm September weekend wasn’t hectic enough thanks to President Trump’s decision to pick a fight with professional sports, Politico is out with the latest bombshell report alleging some nefarious act was committed by one of Trump’s closest advisors, his son-in-law, Jared Kushner.Politico reports that, in an ironic twist, Kushner continued to use a p

9 hours ago (via zerohedge.com)
Authored by Scott Galloway op-ed via The Wall Street Journal,Four tech giants - Amazon, Apple, Facebook and Google - have added $2 trillion to their combined market capitalization since the 2007-09 recession, a sum that approaches the GDP of India. The concentrated wealth and power of these companies has alarmed many observers, who see their growth as a threat not just to consumers and other busin

9 hours ago (via zerohedge.com)
As stagnant wages and rising tuition and medical costs squeeze middle class families, Bloomberg reports that US employers cut employee bonuses this year for the first time in seven years, further straining household budgets despite an ostensibly bright economic outlook. Bonuses slipped a tenth of a percentage point to 12.7% of total compensation this year, according to data from Aon Hewitt, which

9 hours ago (via zerohedge.com)
Authored by Daniel Nevins via FFWiley.com,Pension plan administrators do it. Their actuaries and consultants do it. Professional endowment and foundation investors do it. Financial advisors do it. Private investors may or may not do it, but they probably should.Do what?All of these folks already are or should be asking themselves the following question: What’s a reasonable expectation for th

9 hours ago (via zerohedge.com)
In a stark variation from scenes of protest observed during performances of national anthems at today's football games, the AP reports that no drivers, crew or other team members participated in a protest during the national anthem to start the NASCAR Cup series race Sunday in Loudon, New Hampshire. It adds that several team owners and executives said they wouldn’t condone "anyone in their organ

9 hours ago (via zerohedge.com)
Submitted by Shant Movsesian and Rajan Dhall MSTA at FXDaily.co.ukAfter the FOMC meeting last week, it was (yet) again apparent that the Fed are still keen to maintain a normalisation path designed to not only get rates back to neutral levels, but also build up the policy tool kit again as well as staving off excessive leverage which has boosted stock markets to record highs.  In the latter p

11 hours ago (via zerohedge.com)
Years ago, we reported on the shockingly effective college-to-Wall Street pipeline established by Sigma Chi Epsilon, a fraternity whose members made it a goal to build a “little fraternity on Wall Street.” By offering insider tips, as well as offers to intervene on candidates’ behalf, members of the fraternity have helped populate banks like J.P. Morgan, BofA and Wells Fargo with




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