But I have to say, it's great, it looks like you're really enjoying your last year of the presidency. Saw you hanging out with NBA players like Steph Curry, Golden State Warriors. That was cool. That was cool, yeah. You know it kinda makes sense, too, because both of you like raining down bombs on people from long distances, right? What? Am I wrong? – Larry Wilmore at the White House corresp...Read More
Was it a blip, or a breakthrough? Scientists around the globe are revved up with excitement as the world's biggest atom smasher - best known for revealing the Higgs boson four years ago - starts whirring again to churn out data that may confirm cautious hints of an entirely new particle. Such a discovery would all but upend the most basic understanding of physics, experts say. -Washington PostHe...Read More
Scott Minerd, global chief investment officer of Guggenheim Partners, said on Wednesday it is a good time to dip into U.S. Treasuries in the wake of their sell-off. “It is impossible to get the timing of anything exactly right. You have to ask yourself, ‘Are you a speculator or an investor?'” -ReutersPuerto Rico is about to default on bond obligations today, but some of the l...Read More
The world will run out of fresh drinking water by 2050 because of the Western world's meat centered diet, according to a secret report just released on WikiLeaks. Nestle executives, concerned about the company's future in a world threatened by climate change ... discovered that high meat consumption is depleting the world's fresh water supply. – InquisitrThe Nestle report dates back to 20...Read More
Overall, the ongoing rise in supply would be adequate to satisfy the growth in oil demand in 2H14, resulting in a well-balanced market – OPEC Forecast, June 2014 (right before oil price collapse)Oil prices have plummeted 70 percent from highs in June 2014 and not many upstream oil and gas operations are making money. – Omar Mawji, OilPrice.com, May 2015 In the first half of 2014, it wa...Read More
Scott Minerd, global chief investment officer of Guggenheim Partners, said on Wednesday it is a good time to dip into U.S. Treasuries in the wake of their sell-off. “It is impossible to get the timing of anything exactly right. You have to ask yourself, ‘Are you a speculator or an investor?'” -ReutersPuerto Rico is about to default on bond obligations today, but some of the l...Read More
The world will run out of fresh drinking water by 2050 because of the Western world's meat centered diet, according to a secret report just released on WikiLeaks. Nestle executives, concerned about the company's future in a world threatened by climate change ... discovered that high meat consumption is depleting the world's fresh water supply. – InquisitrThe Nestle report dates back to 20...Read More
Overall, the ongoing rise in supply would be adequate to satisfy the growth in oil demand in 2H14, resulting in a well-balanced market – OPEC Forecast, June 2014 (right before oil price collapse)Oil prices have plummeted 70 percent from highs in June 2014 and not many upstream oil and gas operations are making money. – Omar Mawji, OilPrice.com, May 2015 In the first half of 2014, it wa...Read More
Identity 2016: ‘Global citizenship’ rising, poll suggests ... People are increasingly identifying themselves as global rather than national citizens, according to a BBC World Service poll. The trend is particularly marked in emerging economies, where people see themselves as outward looking and internationally minded. However, in Germany fewer people say they feel like global citizen...Read More
One day we're saving the banks; the next day we're saving the auto industry; the next day we're trying to see whether we can have some impact on the housing market. – President Barack ObamaYesterday's New York Times devoted 6,000 words and a main feature to nothing short of an all-out defense of Obama's economic legacy. In the process, they went full Keynesian.From the opening paragraph that...Read More
Identity 2016: ‘Global citizenship’ rising, poll suggests ... People are increasingly identifying themselves as global rather than national citizens, according to a BBC World Service poll. The trend is particularly marked in emerging economies, where people see themselves as outward looking and internationally minded. However, in Germany fewer people say they feel like global citizen...Read More
One day we're saving the banks; the next day we're saving the auto industry; the next day we're trying to see whether we can have some impact on the housing market. – President Barack ObamaYesterday's New York Times devoted 6,000 words and a main feature to nothing short of an all-out defense of Obama's economic legacy. In the process, they went full Keynesian.From the opening paragraph that...Read More
The dollar has an opportunity to make history. After three straight years of gains, strategists are forecasting the US currency will be a world beater again in 2016, strengthening against seven of 10 developed world peers by the end of the year. – Median estimate from Bloomberg SurveyTwo data points may establish a trend. Three can confirm the trend - with a margin of error.But what happe...Read More
The European Union always was an American project. It was Washington that drove European integration in the late 1940s, and funded it covertly under the Truman, Eisenhower, Kennedy, Johnson, and Nixon administrations. - TelegraphAmbrose Evans-Pritchard is telling the truth again, or at least part of it, in this most recent column of his. But we find ourselves disagreeing with him on some im...Read More
Germany to launch 1 billion-euro discount scheme for electric car buyers ...Germany is set to launch a new incentive scheme worth about 1 billion euros ($1 billion) to get more consumers buying electric cars as it struggles to meet a target of bringing 1 million of them onto its roads by the end of the decade. The costs of the incentives, similar to those already established in some other European...Read More
The dollar has an opportunity to make history. After three straight years of gains, strategists are forecasting the US currency will be a world beater again in 2016, strengthening against seven of 10 developed world peers by the end of the year. – Median estimate from Bloomberg SurveyTwo data points may establish a trend. Three can confirm the trend - with a margin of error.But what happe...Read More
The European Union always was an American project. It was Washington that drove European integration in the late 1940s, and funded it covertly under the Truman, Eisenhower, Kennedy, Johnson, and Nixon administrations. - TelegraphAmbrose Evans-Pritchard is telling the truth again, or at least part of it, in this most recent column of his. But we find ourselves disagreeing with him on some im...Read More
Germany to launch 1 billion-euro discount scheme for electric car buyers ...Germany is set to launch a new incentive scheme worth about 1 billion euros ($1 billion) to get more consumers buying electric cars as it struggles to meet a target of bringing 1 million of them onto its roads by the end of the decade. The costs of the incentives, similar to those already established in some other European...Read More
Trump's World to watch as Trump outlines his foreign policy ... Critics have accused the Republican front-runner of bigotry and posing a danger to U.S. national security. Many foreign policy and defense advisers say his views are worrying, mingling isolationism and protectionism, with calls to force U.S. allies to pay more for their defense and proposals to impose punitive tariffs on some import...Read More
It became clear that the best way to stay competitive and protect the business for long-term is to move production from our facility in Indianapolis to Monterey, Mexico. – Carrier Air Conditioning spokespersonBack in February, workers at a Carrier air conditioner manufacturing plant in Indianapolis filmed a company spokesman informing employees that 1,400 jobs would be moved to Mexico. The s...Read More