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Back in April, the US quietly warned citizens of “credible threats” to tourist areas in Turkey, particularly in Istanbul and the southern resort city of Antalya. In retrospect, one historic suicide bombing at the local airport, and one failed and/or staged coup later, the warning had been spot on. Which is why while traditionally official […]

Submitted by Mike Krieger via Liberty Blitzkrieg blog, Former Federal Judge Nancy Gertner was appointed to the federal bench by Bill Clinton in 1994. She presided over trials for 17 years. And Sunday, she stood before a crowd at The Aspen Ideas Festival to denounce most punishments that she imposed. Among 500 sanctions that she […]

While “stocks look cheap versus bonds” is the self-sustaining narrative of the asset-gathering perma-bull crowd, even BofAML admits the energy sector may not be as ‘cheap’ as others… Simply put – we’re gonna need a bigger chart… Not that stocks care… “It’s probably nothing.”

Submitted by Catey Hill via MarketWatch.com, They’ve been called spoiled and entitled, but millennials may not be in nearly the advantaged position many think. Millennials may be the first generation ever to have lower lifetime earnings than their predecessors, which is “in contrast to the taken-for-granted promise that each generation will do better than the […]

Seemed appropriate… [embedded content] As Ryan Detrick (@RyanDetrick) noted, The Dow is up nine straight days. Going back 20 years this has happened only twice. Both times it was up day 10… So today is a historic #fail… Leaving Dow Futs at crucial support… with VIX surging back to a shocking 13 level before it […]

Following a barrage of allegations of sexual misconduct involving Fox News’ iconic CEO Roger Ailes, it seemed like it was only a formality before the departure was announced, and sure enough, moments ago it became official when Fox announced that Ailes has resigned as CEO and Chairman. Full release: Roger Ailes Resigns as Chairman and […]

Submitted by Lance Roberts via RealInvestmentAdvice.com, Today’s “Thoughts From The Beach” picks up on a couple of articles I read over the last few days. With the markets breaking out to new highs, the bull market commentary has been expanding quickly. As you know, I have increased equity allocations in models with the breakout, but […]Read More

In some ways, the scandal that took place last night at the Republican national convention, was not a surprise. Reportedly those who mattered, knew in advance what was coming.  As Bloomberg writes, earlier in the day, Trump campaign chairman Paul Manafort said he would be personally viewing the Cruz speech in advance. “I’m comfortable that […]

Last quarter, Paal Kibsgaard, the Chairman and Chief Executive Officer the world’s largest oilfield services company, Schlumberger warned that “the decline in global activity and the rate of activity disruption reached unprecedented levels as the industry displayed clear signs of operating in a full-scale cash crisis. This environment is expected to continue deteriorating over the […]

Muhammadu Buhari President Muhammadu Buhari will continue to welcome innovative ideas in the gas, technology and agricultural sectors to reposition the Nigerian economy going through its worst period in several decades, he said on Thursday. The Naira is at worst exchange rate since independence in 1960 and unemployment among Nigerian youth is edging close to […]

The Federal Government of Nigeria is talking with Niger Delta militants “through oil companies and law-enforcement agencies to find a lasting solution to insecurity in the region”, President Muhammadu Buhari said on Thursday. Niger Delta Avengers who began blowing up oil and gas pipelines in March have crumbled Nigeria’s oil production to its lowest level […]

The Economic and Financial Crime Commission has said it will immediately appeal the ruling of a Federal Capital Territory High Court which today granted bail to one Abiodun Agbele, a suspect who is being investigated by the Commission for a range of alleged criminal infractions bordering on fraud and money laundering. Justice Olukayode Fadeniyi, in […]