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The cloud isn’t just going to transform how attorneys work and compute, it already has. From endless email storage to cloud-based eDiscovery, lawyers are working on the cloud every single day. So, what is the cloud anyway? (Besides just “someone else’s computer.”) And what do lawyers need to know about it? Here are FindLaw’s top […]Read More

The gold bull market has returned and gold could surge over 1,000% to $8,000 per ounce in the coming years on ZIRP and NIRP according to legendary gold investor and industry insider Pierre Lassonde. Pierre Lassonde on BNN Gold prices are heading higher, much higher and he is “very sure” that the five-year bear market for gold is […]Read More

Angry White Males Propel Donald Trump—and Bernie Sanders (WSJ) Trump Beats Back Attacks and Tightens Hold on Primary Race (BBG) Fed Likely to Stand Pat on Rates, Keep Options Open for April or June (Hilsenrath) Draghi Stimulus Fails in Stock Market as Swings Match 2008 (BBG) Sabine Oil wins pipeline ruling in a blow to […]

On Tuesday, Tehran demonstrated its “deterrent” capabilities by launching several mid-range ballistic missiles. In a show of force dubbed “The Power of Velayat” (a nod to the Republic’s religious doctrine), Iran tested what looked like several medium-range Qiam-1s, missiles based on the Shahab of which Iran has hundreds stashed in underground storage facilities. “Defensive” or […]Read More

In this bipolar market, where only momentum, liquidity, technicals and short squeezes matter, as well as the occasional kneejerk reaction to a flashing red headline (usually some lie out of Venezuela or Nigeria about an imminent OPEC meeting which has not even been scheduled), one thing that no longer seems to have an impact on […]

Submitted by Charles Hugh-Smith of OfTwoMinds blog, All this is to suggest that those expecting a major weakening in the USD to push oil higher shouldn’t hold their breath awaiting this outcome. That oil fell off a cliff once the U.S. dollar (USD) began its liftoff in mid-2014 is, well, interesting. Causation, correlation or coincidence? […]

If the establishment had its way, America would be no country for angry white men. As WSJ reports, Tuesday’s primary elections underscored an emerging, central reality of the 2016 presidential campaign: This is the year of the dissatisfied white male. Those white males are the voters who propelled Donald Trump to convincing victories Tuesday in […]

As most financial media will remind you, today is the 7 year anniversary of the market’s lows hit on March 9, 2009, a day when the Wall Street Journal wondered “How low can stocks go”, which took less than a week after Obama said on March 3 that “what you’re now seeing is profit-and-earning ratios […]Read More

Via Dana Lyons’ Tumblr, The current test of a 30-year trendline could determine whether or not the bounce in oil stocks is sustainable. What do all the inquiring minds want to know right now? Is the bounce in energy stocks for real? Analysts, pundits, gurus, oil tycoons and social media macro tourists all have an opinion […]

Someone at the New York Fed messed up. On February 5, Bill Dudley was “penetrated” when “hackers” (of supposed Chinese origin) stole $100 million from accounts belonging to the Bangladesh central bank. As we reported on Tuesday, the money was apparently channeled to the Philippines where it was sold on the black market and funneled […]

Worst.Case.Scenario. In 24 years, the ratio of wholesale inventories to sales has only been higher than the current 1.35x once – at the peak of the recession in the last financial crisis. Wholesale sales tumbled 1.3% MoM (worse than the -0.3% exp) and inventories rose 0.3% MoM while expectations were for a drop of 0.1% […]Read More

By thenewsnigeria.com.ng Offices of the Nigerian National Petroleum Corporation (NNPC) have been shut nationwide, according to reports as workers of the state owned oil company embark on strike. There was no prior warning about the strike said to have been ordered by the two oil unions, NUPENG and PENGASSAN. Workers reported for duty at the […]