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Mexico Is Quietly Pushing Out Foreign Oil Investors Tyler Durden Fri, 12/18/2020 – 14:55 Authored by Haley Zaremba via OilPrice.com, For nearly 80 years, Mexico kept its borders closed to foreign oil interests, with the state-owned and -run Petroleos Mexicanos (Pemex) being the only entity allowed to drill for gas in Mexican territory. In 2017,…

US Nuclear Weapons Agency Breached As Part Of Massive Cyberattack Tyler Durden Thu, 12/17/2020 – 15:39 “DOE and NNSA officials began coordinating notifications about the breach to their congressional oversight bodies…” Continue reading at ZeroHedge.com, Click Here. Top Featured Tags: – World News, – Politics Press Release Distribution Service

Crowd-Sourced Quant Platform Quantopian Shuts Down After “Underperforming” Tyler Durden Thu, 12/17/2020 – 15:20 The platform first launched in 2011 and, in sum, had about $50 million in venture funding. It allowed anybody to try “almost any” trading strategy, which eventually led to more than 12 million backtests of different strategies. Continue reading at ZeroHedge.com,…

Rare Sneaker Marketplace Scores $3 Billion Valuation Tyler Durden Thu, 12/17/2020 – 15:00 StockX says revenue grew by more than 75% year-over-year in the third quarter to more than $100 million as the company achieved break-even. Continue reading at ZeroHedge.com, Click Here. Top Featured Tags: – World News, – Politics Press Release Distribution Service

‘Squad’ Member Cori Bush Wants Biden To Grant Clemency To Everybody On Death Row Tyler Durden Wed, 12/16/2020 – 15:40 Authored by Rusty Weiss via The Mental Recession blog, The ‘Squad’s’ newest member Cori Bush is demanding President-elect Joe Biden move to grant clemency to everybody currently sitting on death row. Bush’s view shows once again that…

Ken Moelis Is Letting His Staff Work From Anywhere They Choose Tyler Durden Wed, 12/16/2020 – 15:25 It appears that the good old days of packing a lunch, grabbing the briefcase and showing up to the NYC office every morning are officially over.  The Covid pandemic has shifted a lot of paradigms across many industries, not…

Iran’s Khamenei Emerges After Rumored Health Decline To Urge Reviving Nuclear Deal With Biden Tyler Durden Wed, 12/16/2020 – 15:13 Days ago into last week there were widespread rumors spreading on Mideast social media of the severe health decline of Iran’s Supreme Leader Ali Khamenei. The persistent rumors ranged from saying he was in a coma even…

Goldman Now Thinks Virus Aid Will Pass This Week, But Will Be Last “Substantial” Package Unless Dems Win Georgia Tyler Durden Tue, 12/15/2020 – 15:30 Having flip-flopped once already, back in September capitulating on expectations for a fiscal stimulus this year (which earlier this year was the basis for the bank’s bullish outlook), Goldman has…

Joe Biden Warned In 2015 That Son Hunter’s New Employer And Burisma Boss Was Corrupt Tyler Durden Tue, 12/15/2020 – 15:15 In today’s episode of ‘Things that should have come out during the impeachment,’ just-released diplomatic memos reveal that Vice President Joe Biden’s office was warned in 2015 that the Ukrainian oligarch who hired his…

The Global Oil Refinery Crisis Will Worsen This Winter Tyler Durden Tue, 12/15/2020 – 15:04 Authored by Julianne Geiger via OilPrice.com, It was only to be expected that many of the world’s refiners would be pinched between low demand for finished products and rising inventories as the pandemic lockdowns continue to stifle activity. But the…

Sen. Johnson: Congress Should Have Been Told About DOJ Hunter Biden Probe Tyler Durden Mon, 12/14/2020 – 15:40 Authored by Jack Phillips via The Epoch Times, Sen. Ron Johnson (R-Wis.), chairman of the Senate Homeland Security and Governmental Affairs Committee, said Congress should have been told that Hunter Biden’s business dealings were being investigated as they…

BofA Lists “Five Volatility Inducing Surprises” For 2021 Tyler Durden Mon, 12/14/2020 – 15:20 While consensus is uniformly, concerningly bullish about 2021, with the average sellside forecast expecting a more than 10% rise in the S&P500 which is now seen as hitting 4,035 in 2021, up from below 3,000 just in May… … the odds…

Nat Gas Futures Surge As New Forecasts Suggest Colder Weather Nears Tyler Durden Mon, 12/14/2020 – 15:05 Nat gas futures are up more than 3% Monday morning, hitting a one-week high, following new weather models that suggest higher heating demand for the end of December, according to Reuters.   Nat gas futures are up 3.32%…

Towards “An Artificial Sun” – Will China Win The Nuclear Fusion Race? Tyler Durden Sun, 12/13/2020 – 15:42 Authored by Haley Zaremba via OilPrice.com, China is on a quest for world domination. Beijing has been making assertive moves into global energy markets for a while now, stepping into energy market power vacuums in largely untapped…

Author Who Made Fun Of ‘Dr.’ Jill Biden In WSJ Op-Ed Denounced By Former Employer Tyler Durden Sun, 12/13/2020 – 15:10 Northwestern University has admonished a former lecturer who wrote a Wall Street Journal Op-Ed mocking Jill Biden for routinely using ‘Dr.’ in her title despite only having a Ph.D. in education. In an essay…

The Biggest Janet Yellen Red Flag Is George Akerlof Tyler Durden Sun, 12/13/2020 – 14:45 Authored by John Tamny via RealClearMarkets.com, In Phishing for Phools, a 2015 book that George Akerlof co-authored with Robert Shiller, the authors wrote without even a hint of irony that people “do not do what is really good for them, they…

The Viral Assault On Small Businesses Tyler Durden Sat, 12/12/2020 – 15:35 Authored by MN Gordon via EconomicPrism.com, This year, fear of a deadly pandemic triggered the ruling class to spread authoritarian lockdown orders.  The god of science, like a burning bush, told them to remove their sandals and deliver policies of regression.  A paranoid…

“Please Have Keys Made”: Joe Biden Was Chinese Financier’s “Office Mate” According To Hunter Biden Email Tyler Durden Sat, 12/12/2020 – 15:10 Joe Biden – who swore throughout the 2020 election that he had ‘no knowledge’ of son Hunter’s business dealings – was described in a 2017 email as “office mates” with a Chinese financier…

An Epic Commodities Boom Is Coming Tyler Durden Sat, 12/12/2020 – 14:45 Authored by Adam Taggart via PeakProsperity.com, “Digitization and the online platform have become too successful. So much so that they have exceeded the capacity of [the world’s] physical structures to deliver to their success.” Demand for commodities, tangible assets and the companies that…

Wealth Taxes, Mask Nazis, And COVID Crackdowns… Oh My! Tyler Durden Fri, 12/11/2020 – 15:40 Authored by Simon Black via SovereignMan.com, Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring…

BofA: Central Banks Are Buying $1.3 Billion In Assets Every Hour, Creating A “Frankenbull” Market Tyler Durden Fri, 12/11/2020 – 15:25 One week after BofA CIO Michael Hartnett issued a “code red” for stocks after publishing a report in which he showed that while current market euphoria has surpassed dot com levels, what was going…

More Than Half Of New York’s Restaurants Are In Danger Of Closing Tyler Durden Fri, 12/11/2020 – 15:10 By Erika Adams of Eater.com, Across the country, restaurants have been decimated by the pandemic. But according to a new survey conducted by the New York State Restaurant Association, in partnership with the National Restaurant Association, New…