Here is why Dangote Cement was downgraded to a “sell”
Dangote Cement Plc. (Dangcem) released its unaudited Q2 16 result wherein pre-tax earnings rose 20% YoY to N70 billion well ahead of our estimates of N19 billion. However, PAT was…
Establishment Republicans Voting For Hillary Surge As Obama Challenges Leaders To Disavow Trump
Donald Trump “is unfit to be President” according to President Obama who challenged congressional Republicans who have criticized their presidential nominee to disavow his candidacy. “The question I think they…
Artist’s Impression Of Rio Olympics Opening Ceremony
Earlier this year ZH published a copy of an official map showing the concentrations of Zika across Brazil and the region by far worst affected was the North East, the…
Is Trump The Peace Candidate?
Submitted by Patrick Buchanan via Buchanan.org, With Democrats howling that Vladimir Putin hacked into and leaked those 19,000 DNC emails to help Trump, the Donald had a brainstorm: Maybe the…
Fitch Sees $3.8 Trillion Of Losses For “Investment-Grade” Sovereign Bond Investors
As we recently pointed out in a post titled “Why The Fed Is Trapped: A 1% Increase In Rates Would Result In Up To $2.4 Trillion Of Losses,” international monetary…
Boomers Again? What Another “Scorched Earth Generation” President Means For Gold
Written by Peter Diekmeyer (CLICK FOR ORIGINAL) Donald Trump and Hillary Clinton’s acceptance as Republican and Democratic parties’ nominees for President sets the stage for the contest to begin in…
Stocks Slump Most Since Brexit Amid Creditnado, Oilmageddon, Yenplosion
With The Dow down 7 days in a row, it only seemed appropriate to offer Katy Perry’s “Rise” to the central planning gods… The overnight bloodbath in JGBs started the…
Welfare Is The New Work
Authored by Stephen Moore, published Op-Ed at The Washington Tmes, The welfare state of mind has spiraled out of control in America… Two recent news stories highlight how pernicious the…
Oil Bounces On Unexpected Cushing Inventory Draw
Following last week’s surprise build in overall crude inventories (after 9 weeks of draws), API reported a smaller than expected drawdown (-1.34mm vs -2mm exp). However, oil prices are extending…
Nigeria Accounts For Over 70% Of 500 Million Illicit Weapons In West Africa, UN Official Says
Nigeria accounts for over 70 percent, 350 million out of 500 million, of Small Arms and Light Weapons (SALW) in West Africa, an official of the United Nations has said.…