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Submitted by Jeffrey Snider via Alhambra Investment Partners, Not to continue beating a dead horse, but I have a stick and the carcass is right in front of me. The entire supply chain inside the US economy is full agreement both on where the economy is right now and, perhaps more importantly, how it came […]

Over the past year, the US State Department had repeatedly objected to the proposed Russian delivery of S-300 missile defense systems to Iran. One year ago, the issue first came up when as CNN reported then John Kerry raised objections with Moscow over a plan to sell advanced missile defense systems to Iran. The White […]

Early USD weakness has suddenly been erased on JPY weakness pushing USD index back to unch. However, the chaos in the currency markets is seemingly sending investors fleeing for silver, gold, and crude as the latter tops $40 and the former hits 3-week highs… USD Index spikes back to unch on suddeny JPY weakness… But […]

When it comes to its business practices, online retailer Overstock and its CEO Patrick Byrne have a history of being unconventional. From being the first major retailer to accept Bitcoin as a form of payment, to creating a subsidiary which uses the blockchain and related technologies to build services that can track the exchange of […]

This morning’s 160 point spike in Dow Futures – out of nowhere – was predicated on hopes of an Italian bank bailout. While this may seem like an odd reason to “buy buy buy” US equities, in the new normal, it really is not.. and when put in context, the ‘bounce’ in EU banks should […]Read More

You just love those down votes don’t you MDB?  The more you get the more you love it.  It’s your psychology isn’t it MDB? If you didn’t get the negative attention you would not be happy.  You know damned well you are not going to convince anyone here to sell. MDB you will never convince […]Read More

First, the facts, courtesy of Bloomberg: * * * This is how Forbes laid out the threat of the Q1 earnings collapse just 4 months ago: Turns out not only was it likely but Q1 earnings are about to plunge the most in 8 years, which means that now that the threat has materialized, it […]

After growing pressure from an increasingly angry populous, Prime Minister David Cameron of Britain speaks to parliament on measures to curb tax evasion after admitting last week that he had profited from an offshore account. Of course, he “did nothing wrong,” but opposition leaders smell the blood in the water so close to the Brexit […]

First it was the Saudis who said they would not cap oil output unless Iran joins the production freeze, which it won’t. And now, Bloomberg reports citing APS, that Russia was in on the plot to make the Doha meeting a total and complete farce. ALGERIA SAYS DOHA TALKS AIM TO CAP OUTPUT AT JAN. […]

Share on Facebook Tweet on Twitter President Buhari being welcomed by Mr Cheng, Assistant Minister of Foreign Affairs alongside other Senior Chinese Government Officials at the Beijing Capital International Airport .  April 11 2016 President Buhari being welcomed by L-R: Governor Abiola Ajimobi of Oyo State, Governor Ibikunle Amosun of Ogun State, Governor Ibrahim Geidam […]

Punch Fuel scarcity persists in Lagos, Abuja, others:Fuel scarcity continued across the country on Sunday as hundreds of motorists and other petrol users formed long queues at the filling stations that dispensed the product. FG eyes N1tn JV funds to finance budget deficit:The Federal Government may use money set aside for funding joint venture projects […]

Managing Director, EAN Aviation, Olusegun Demuren has revealed that the Nigerian aviation industry contributed $685 million to the country’s Gross Domestic Product, GDP, in 2015. He made this statement at the Nigerian Business Aviation Conference 2016, held in Lagos. According to Demurin, business aviation, which comprises of chartered and private jet operators contributed 25 per […]