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Submitted by Jacob Hess via OilPrice.com, The Chinese slowdown did more than drag down its own economy, it singlehandedly created financial tremors throughout the global financial markets. With consistent growth rates well over 6 percent, China’s economic health is an integral part of global expansion. But just last year, investors saw the disintegration of billions […]

After making over $1 billion in one day last August, and warning that “the markets are overvalued to the tune of 50%,” Mark Spitznagel knows a thing or two about managing tail risk. The outspoken practitioner of Austrian economic philosophy tells The FT, “Markets don’t have a purpose any more – they just reflect whatever […]Read More

As Eric Peters explained a few days ago, by pushing prices to overvaluation and reducing yields on every investment asset, central banks have destroyed investors ability to create a portfolio that can withstand even the slightest economic disruption. Peters correctly describes it as “the most obvious disaster in finance.” By reducing the yield on every […]

A broad-based miss across the spectrum of Chinese data with loan growth collapsing was just what the bullish algos needed to BTFD at Sunday night’s open… [embedded content] You knew it was going to be an odd day after China’s flash-crash overnight… Deja vu all over again from last Tuesday…No Volume meltup off VWAP Futures […]Read More

Submitted by Lance Roberts via RealInvestmentAdvice.com, As we reach the halfway point in the 2nd quarter of the year, I thought it was time to revisit the economy as the backdrop against expectations for stronger economic growth, rising inflationary pressures and an increase in interest rates and expectations. While there is currently a plethora of […]

Written by Nathan McDonald (CLICK FOR ORIGINAL) A wave of fear and doubt is being spread by the mainstream media and establishment politicians around the Western world. Their goal is to keep the status quo going, no matter the cost to freedom or economic prosperity. They fear the will of the British people and sense […]

As reported earlier after decades of keeping Saudi Arabian holdings of treasury paper non-public and bundled with those of other “oil exporting nations”, today at 4pm for the first time the US Treasury confirmed that its “leaked” look at Saudi holdings, exposed as a result of a Bloomberg FOIA, was accurate when it reported that […]

Lagos State has officially joined the League of Oil Producing States in Nigeria, following the discovery of crude oil by Tunde Folawiyo Petroleum Company Limited in Badagry area of Lagos, the State Governor, Akinwunmi Ambode, announced on Monday. Mr. Ambode made the announcement when the management of the company led by the Group Managing Director, […]

Millions of Nigerians on the MTN network have been unable to browse the Internet for many hours after the network collapsed in the country on Monday afternoon, without any apology or information from the South African company already under a heavy fine. Internet data for millions of customers have been wiped out disconnecting them immediately. […]

Arik Air Arik Air, Nigeria’s largest airline, said on Monday that a “severe” fuel scarcity on Monday led to the delay and cancelation many flights. In a statement by spokesman Ola Banji, the airline said Lagos and Abuja were mainly hit. The statement read: “The scarcity which has been on and off in the past […]Read More

Justice Okon Abang of the Federal High Court 10, Federal Capital Territory (FCT) Abuja, on Monday, sentenced a thirty-one year old technician, Michael Nwobodo, to twelve years imprisonment with hard labour. The convict who attempted to escape on the day of arrest will now spent twelve years in prison custody with hard labour. He pleaded […]

Special Adviser to President Buhari on National Planning Ben Akabueze has weighed in on the increase in fuel price recently announced by Nigeria’s Minister for State for Petroleum Dr. Ibe Kachikwu. He wrote an interesting piece on his facebook page where he explained the price removal from his own perspective. Here it is in full. […]