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Update 5: Wiitness to the Istanbul Attack says he saw a police officer wrestle a suicide bomber to the ground. the attacker then detonated his bomb Update 4: 28 people killed, 60 wounded at Istanbul airport: Sahin Update 3: The following video, courtesy of Mahir Zeynalov, shows the precise moment when at least one of […]

Submitted by Jim Quinn via The Burning Platform blog, Everyone knows the key to investing success – Buy low, sell high. So why do the CEOs of the biggest companies in the world buy back their company’s stock at all-time highs and when prices were at decades lows in 2009, they bought nothing? These MBA […]

There has been a lot of speculation surrounding what the changes will be in the relationship between the UK and the European Union as a result of the Brexit referendum. One thing we do know, is that according to a senior MEP, English will no longer be an official language of the European Union. Danuta […]

Cheer up Brexit… [embedded content] Somone had to do something… and it appears GBJPY was the momentum igniter du jour to save the world… As hedge-unwinds were misunderstood as a bullish signal… in stocks and FX… Notably VXV/VIX had dropped to its lowest level since August crash – and today’s bounce seems like post-event VIX […]Read More

Before we start – here are some facts: The British Pound suffered an 18-standard-deviation devaluation… With European bank stocks collapsing at the greatest rate ever… ever!! And finally US bank stocks fell by their most since the US downgrade… So – having got that off our chest, to clarify this was not a storm in […]

Moments ago one of the hedge fund community’s favorite “can’t miss” consumer discretionary stocks reported Q4 earnings when Nike announced it had earned $0.49 in the quarter, a penny above the $0.48 expected. Revenues missed modestly, printing at $8.24, vs Exp. $8.28. And yet, despite the bottom line beat, the stock is tumbling after hours: […]Read More

Last week’s huge API-reported inventory draw followed by disappointing DOE-reported draw sent crude prices flip-flopping around $50 before they plunged into Brexit. Having ramped all day and beyond the NYMEX close, WTI tagged $48 and was fading into the API data. Against expectations of a 2.5mm draw, API reported a 3.86mm draw (remember they said […]

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Submitted by Michael Krieger via Liberty Blitzkrieg blog, To make things even worse, we often outright mock anyone who can’t keep up, or doesn’t fit in with the new order. We call them dumb. Idiots. Religious freaks. Rednecks. Thugs. Hoodlums. Ghetto trash. White trash.   The language we use to talk about those who have been […]Read More

Nigerian stocks closed trading on a negative note as the all share index dropped -0.89%. Market capitalization at the close of trading was N 10,157,600,189,990.63 . Highlights of today’s trading session. NSE All Share Index was 29,575.24 down -0.89%. Market capitalization closed at N10.15 trillion compared to yesterday’s market capitalization of N10.2 trillion. Volume of […]Read More

Summer isn’t like it once was, when you were a young kid or even just an undergrad. Long, slow summer days are replaced by all-nighters as an associate. And if you’re still a law student, life isn’t that much better. Lazy days at the beach are harder to come by, what with all the bar […]Read More

You’ve got your document formatted exactly to specifications: titles are properly bolded, block quotes are well blocked, bullets sit in perfect lines. Then you insert just one troublesome picture or footnote — everything is shot. Goodbye beautiful formatting; goodbye well-arranged page. Hello desperate plea for a last-minute extension. It doesn’t have to be like this. […]