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China Seals Off Yumen City After Outbreak Of Bubonic Plague
submitted by mephisto 5 hours ago (via zerohedge.com)
With Colorado suffering from pneumonic plague, and the dreadfully sad report of Sierra Leone's chief Ebola doctor contracting the virus, it appears China is taking no chances. As Yahoo reports, Chinese officials have blocked off parts of Yumen, a city in northwest China, preventing about 30,000 of the city's people from leaving after one resident died from bubonic plague. About 150 people who had
The Decline Of Influence
submitted by mephisto 5 hours ago (via zerohedge.com)
Submitted by James E Miller of Mises Canada,The world is seemingly aflame in chaos right now. The Israeli military has invaded the Gaza strip after the breaking of an 18-month cease-fire agreement. Which side broke the accord is still an open question. A commercial airliner was shot down over Ukrainian airspace. Western media and politicians assume the indefensible act of violence was committed by
Chart Of The Day: For Caterpillar The "Great Recovery" Is Just As Bad As The Great Financial Crisis
submitted by mephisto 5 hours ago (via zerohedge.com)
Earlier today, Caterpillar reported its monthly global OEM retail sales. It didn't got any press coverage for one simple reason: the bellwether industrial company which has managed to repurchase it way to all time highs in recent months hardly wants the investing public to know the unpleasant truth, a truth which is shown in its simplest format in the chart below: starting in December 2012 and con
IRA Contributions Hit Record High As Unpatriotic Americans "Save More, Pay Off Debt, Spend Less"
submitted by mephisto 5 hours ago (via zerohedge.com)
In what could be the most unpatriotic report ever, Fidelity reports that average IRA contributions for tax year 2013 reached $4,150 - an all-time high. That's great news, right? Not if you ask Janet Yellen as Fidelity notes younger investors, those in their 20s, 30s and 40s, are adopting the strongest savings behaviors as Americans are "saving more, paying off debt, and spending less.&quo
Where Facebook's Second Quarter User Growth And Revenue Generation Was In Charts
submitted by mephisto 5 hours ago (via zerohedge.com)
Moments ago Facebook, unlike AT&T which missed on revenue and EPS, beat both the top line expectations of $2.81 billion print reporting $2.91 billion on EPS of $0.42, higher than the $0.32 expected.  Here is the full breakdown.Daily Active Users: 829 million (Exp. 831MM)Monthly Active Users: 1.317 billion (Exp. 1.31 billion)Mobile Monthly Active Users: 1.07 billion (Exp. 1.07 billion)Free
No Data, Mo War, No Worries: S&P Hits New Record High
submitted by mephisto 5 hours ago (via zerohedge.com)
On a day with no macro data and more warmongering, it only makes sense that stocks should continue to levitate. Aside from The Dow (troubled by weakness in Boeing dragging 20 points off the index), US equity markets rose with the S&P 500 breaking to new all-time record highs just shy of 1990 (2000 tomorrow?) Treasuries were very quiet, trading in a 2bps range and ending basically unch. Gold an
5 Reasons Why The Market Won't Crash Or Will
submitted by mephisto 5 hours ago (via zerohedge.com)
Submitted by Lance Roberts of STA Wealth Management,Paul LaMonica, whom I have spoken with several times, recently wrote a piece for CNN Money entitled "5 Reasons Why The Market Won't Crash." One of the biggest mistakes that investors make is falling prey to cognitive biases that obfuscate rising investment risks. This is why I am particularly fond of articles, such as Paul's, as
High-Yield Bonds "Extremely Overvalued" For Longest Period Ever
submitted by mephisto 5 hours ago (via zerohedge.com)
The high-yield bond market has been "extremely overvalued" for a record nine consecutive months, according to Martin Fridson, a money manager at Lehmann, Livian, Fridson Advisors LLC. As Bloomberg Brief's Matt Robinson notes, the streak breaks the previous record of eight months set in October 2006 to May 2007. As Fridson notes, "overvaluation (whether extreme or non-extreme) has put together an u
The Rot Within, Part II: Inflation Is Not "Growth"
submitted by mephisto 5 hours ago (via zerohedge.com)
Submitted by Charles Hugh-Smith of OfTwoMinds blog,Just as the Federal Reserve cannot directly force you to stick the needle of monetary heroin (debt) into your arm, it also can't force employers to pay employees more.The official policy of the Central Bank (Federal Reserve)/government is: inflation is necessary for "growth," i.e. economic expansion. The unstated reason for this
Exclusive: High-Level NSA Whistleblower Says Blackmail Is a Huge – Unreported – Part of Mass Surveillance
submitted by mephisto 9 hours ago (via zerohedge.com)
It is well-documented that governments use information to blackmail and control people.The Express reported last month:British security services infiltrated and funded the notorious Paedophile Information Exchange in a covert operation to identify and possibly blackmail establishment figures, a Home Office whistleblower alleges. *** Whistleblower Mr X, whose identity we have agreed to pr

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