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The national leadership of the Peoples Democratic Party (PDP) on Thursday warned that dire consequences would follow any attempt by the All Progressives Congress (APC) to push its plot to impose a state of emergency in Rivers state. The party said it has also rallied all its formation in the state to resist by all […]

There was tension in Ekiti State on Thursday as news filtered into Ado Ekiti, the State capital, that one of the four members of the State House of Assembly allegedly abducted by men of the Department of State Services (DSS), had died in custody. The lawmakers have spent days in custody after a raid and […]

Submitted by Salil Mehta of Statistical Ideas High-Risk Regime’s 6-Month Anniversary We are more than 1/2 a year since the August stock market crash, sometimes known as China’s Black Monday.  And in our “flipping volatility regimes” article last month, we argued that the risk regime was statistically higher and endured that way, after the August […]Read More

JPM’s head quant, Marko Kolanovic, who turned somehwat gloomy in the past few months, has seen some hits and misses in his recent forecasts. On one hand he did accurately predict the surge in gold one month ago, as well as the rebound in oil and Emerging Markets; however on the other he suggested that […]

Submitted by Pater Tenebrarum via Acting-Man.com, A Useful Leading Indicator? We often see charts comparing the S&P 500 to the growth in the Federal Reserve’s balance sheet, or more specifically, to assets held by the Fed. There is undeniably a close correlation between the two, but it has struck us as not very useful as […]Read More

Another day, another criminal Fed employee admits to being just that. Recall that just yesterday we wrote about former NY Fed employee Jason Gross who somehow managed to avoid a prison sentence, but was slapped on the wrist with a $2,000 fine after he admitted to stealing confidential NY Fed data and handing it over […]

Earlier this month, infamous hacker collective Anonymous declared “war” on Donald Trump who they accuse of being a fascist and seeking to institute a dictatorship in America.  We’re not sure how many people took them seriously and we’re almost positive Trump himself got a good, hearty laugh at the threat (after all, the group also […]Read More

Was Hillary Clinton just arrogant and ignorant (which is a decisively bad combination as it is) or did she knowingly traffic in state secrets on an unsecure server? That’s pretty much what the entire, protracted investigation into her e-mail habits when she was the nation’s top diplomat boils down to. If she was simply arrogant […]

Submitted by Peter Diekmeyer via SprottMoney.com, The campaign rhetoric so far indicates that a Trump-led Republican administration would implement “big government conservatism,” policies, financed by increased borrowing and money printing. This would put upwards pressure on gold prices.   A YouGov poll  released yesterday indicates that Donald Trump’s support among Republicans as their nominee for […]Read More

Submitted by Lance Roberts via RealInvestmentAdvice.com, “Data Dependent Fed” Ignores Data I wrote on Tuesday of this week: “The Fed currently finds itself in a tough spot from a “data dependent” standpoint. Last December, when the Fed Funds rate was increased, the Fed discussed the potential for further rate hikes in 2016 as inflation and employment […]Read More

It’s easy… [embedded content] But, before we start, some context for just how different it is this time… if The Dow is able to hold this gain through the end of the quarter, it will be the largest quarterly comeback in the history of stocks… And all it took was the four largest central banks […]Read More

When yesterday we showed Donald Trump’s first long overdue Hillary Clinton attack ad (which starred Jihadi John, a laughing Putin, and a barking Hillary) which had a simple message “we don’t need to be a punchline”, we predicted that it would “resonate.” It did, and within hours had accumulated several hundreds thousands views. Many wondered […]Read More