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S&P Fails To Make New Record High As Buffett’s Barrick Bid Pumps Precious Metals Tyler Durden Mon, 08/17/2020 – 16:01 Precious Metals outperformed today as the world came to grips with Berkshire Hathaway’s ‘rotation’ from banks to bullion (dumping Goldman and much of its financial exposure and buying Barrick Gold)… Gold futures tagged $2000… And…

Disney “Makes History” By Introducing Its First Bisexual Cartoon Character Tyler Durden Sun, 08/16/2020 – 16:35 Disney’s series, “The Owl House”, is now the first official animated show to feature a bisexual main character. Both Variety and the Daily Mail described the introduction of the character as “making history”. The show’s 14 year old main character,…

Value Over Growth Or More Of The Same? Tyler Durden Sun, 08/16/2020 – 16:10 Authored by Bryce Coward by Knowledge Leaders Capital blog, Over the last few weeks there has been quite a bit of chatter among strategists about whether the market is undergoing a sustainable rotation into “value” stocks from “growth” stocks. It’s a…

Zillow Exposes Dramatic Exodus Out Of San Francisco Real Estate Tyler Durden Sun, 08/16/2020 – 15:45 With more people telecommuting than ever due to the COVID-19 pandemic, it appears that the allure of cramped, expensive urban housing, poo-covered sidewalks and homeless people shooting up in Starbucks has worn off. According to online real estate company…

Hezbollah “Will Not Remain Silent”: Nasrallah Suggests Israeli Involvement In Beirut Port Blast Tyler Durden Sat, 08/15/2020 – 16:35 Via AlMasdarNews.com, Secretary-General of Hezbollah Hassan Nasrallah said on Friday that his organization “will not remain silent on the crime of bombing the Port of Beirut if it is proven that Israel is behind it.” In his speech…

Watch As Biden’s Sheepdogs Eject Docile Journalists Before Anyone Can Ask Questions Tyler Durden Sat, 08/15/2020 – 16:25 While President Trump routinely lets resistance journalists pelt him with questions following just about every presser, former Vice President Joe Biden and his running mate Kamala Harris apparently don’t need to answer tough questions – or any…

Conservative Journalist Arrested & Jailed Ahead Of ‘ShadowGate’ Documentary Release Tyler Durden Sat, 08/15/2020 – 15:45 Update: While weaver’s arrest appears to be for unrelated charges according to the Daily Dot… When speaking to the Daily Dot via phone Saturday morning, a Portage County Jail administrator said that Weaver is being charged with alleged “robbery, tampering…

Why Soros Just Called The Market A Bubble Tyler Durden Fri, 08/14/2020 – 16:25 Authored by Lance Roberts via RealInvestmentAdvice.com, In a previous post entitled “Market Bubbles,” I touched on George Soros’ “theory of reflexivity.” Interestingly, MarketWatch discussed with George why he no longer participates in the “bubble.” The foundation of his argument comes from his previous work in “Alchemy of Finance.” To wit: “Pivoting…

Gold Slips Most Since March As Stocks See Best 100-Day Run… Ever Tyler Durden Fri, 08/14/2020 – 16:00 Safe-havens were dumped and value stocks outperformed this week as equity markets saw notable rotations and real-yields spiked after generally positive economic data and the Russia vaccine headlines… Gold was down 4.5% this week, breaking a nine-week…

Russia’s Top Respiratory Doc Quits Over “Gross Ethics Violations” As Duterte Says He’ll Be Guinea Pig For Putin’s Vaccine Tyler Durden Fri, 08/14/2020 – 15:50 Russia’s top respiratory doctor has quit the Kremlin health ministry’s ethics council after accusing two leading scientists involved in the development of the new Sputnik V vaccine of ‘gross violations’…

Does Anyone Else Find This Ironic? Tyler Durden Thu, 08/13/2020 – 16:37 Authored by Simon Black via SovereignMan.com, Does anyone else find this ironic? In the age of #MeToo and BLM, the most ‘woke’ political party in the Land of the Free has chosen a guy with multiple sexual misconduct allegations as its presidential nominee;…

“Apple Has Become What It Once Railed Against”: Fortnite Maker Epic Games Sues Over App Store Ban Tyler Durden Thu, 08/13/2020 – 16:15 In a lawsuit that is taking the tech industry by surprise, especially considering the rumors, widely discounted, that Apple might buy TikTok, it appears Epic Games, the creator of “Fortnite”, has just…

Bonds & Stocks Battered After Bombed Auction, Silver Soars Tyler Durden Thu, 08/13/2020 – 16:00 Everything was lining up nicely for a new record high in the S&P 500 this morning after the better than expected claims data (only 963,000 Americans filed for first time claims last week!!)… and then the 30Y auction hit (at…

Dear ‘Younger Generations’, “Don’t Live Your Life In A Bubble” Tyler Durden Wed, 08/12/2020 – 16:25 Authored by Roger Koops via The American Institute for Economic Research, Dear Younger Generations; I am writing to the younger generation. When you become an old-timer like me, anyone younger is of the younger generation. My focus is on…

S&P Jumps Above Record High After $9 Trillion Global Liquidity Tsunami Tyler Durden Wed, 08/12/2020 – 16:01 $9 trillion in additional global liquidity (from $79 to almost $88 trillion since the March lows)… Are we Drowning in liquidity? Ach joh, dat plasje, daar rijden we toch zo doorheen in deze stoere auto… pic.twitter.com/Pej315sjkg — IdiotenOpdeWeg…

Mystery Deepens As Investigators Trace Ownership Of Chemicals That Blew Up In Beirut Tyler Durden Wed, 08/12/2020 – 15:45 Lebanese and international investigators have yet to identify the owner of the 2,750 tons of ammonium nitrate which sat languishing in Beirut’s port for seven years before it detonated amid an accidental warehouse fire on Aug.4, killing over…

Greek Warships Are Reportedly Near Turkish Exploration Vessel Actively Disrupting Seismic Signals Tyler Durden Wed, 08/12/2020 – 03:30 Via AlMasdarNews.com, Greek national media reported on Tuesday, that the Greek Armed Forces are on high alert, at a time when the eastern Mediterranean region is witnessing tensions with Turkey due to its eastern Mediterranean oil and…

Precious Metal Pummeling Continues In Early Asia Trading Tyler Durden Tue, 08/11/2020 – 22:45 As Bloomberg’s Mark Cranfield noted this evening, small reversals are just not gold’s style after a major advance (typically somewhere between a 15% and 20% drop is more common), and the selling pressure on precious metals has continued as Japan and…

Food Bank Strains Emerge As Economy Falls Off Fiscal Cliff  Tyler Durden Tue, 08/11/2020 – 22:25 The latest economic data suggest the US recovery stalled. One look at the Citi US econ surprise index, as of this week, shows the recovery ran out of steam last month. A fiscal cliff is already underway, set to enter the second week…

Fox News Ratings Surge, Leading ‘Primetime Pack’ Despite Boycotts As CNN, MSNBC Lag Tyler Durden Tue, 08/11/2020 – 23:45 While the national polls proclaim Joe Biden as the clear frontrunner, just like they did for Hillary Clinton back in the summer of 2016, signs of growing dissatisfaction with Biden, who has spent the last five…

Escape From New York: Wealthy Residents Flee In Droves As The City Degenerates Into A Hellhole Tyler Durden Tue, 08/11/2020 – 23:25 Authored by Michael Snyder via TheMostImportantNews.com, Hundreds of thousands of wealthy residents have already left New York City, and more are leaving every day as America’s biggest city rapidly degenerates into a hellhole. …

Gundlach, Who Correctly Called The 2016 Presidential Election, Predicts Trump Will Win Again Tyler Durden Tue, 08/11/2020 – 23:05 Back in early, DoubleLine’s Jeff Gundlach made a prediction that was viewed as anathema in “serious” circles: he said that Donald Trump would win the 2016 presidential election. And much to the chagrin of all his…