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  • Half The World's Banks Won't Survive The Next Crisis, McKinsey Finds  October 22, 2019
    Half The World's Banks Won't Survive The Next Crisis, McKinsey Finds  More than half of the world's banks are at risk of collapse in the next global downturn if they don't start preparing for late-cycle shocks, McKinsey & Company warned in its latest global banking outlook.  The consultancy firm warned on Monday, in a 55-page […]
    Tyler Durden
  • Is The Holy Grail Of Energy Finally Within Reach? October 22, 2019
    Is The Holy Grail Of Energy Finally Within Reach? Authored by Alex Kimani via OilPrice.com, Theoretically, two lone nuclear reactors running on small pellets could power the entire planet, safely and cleanly. That’s the promise of nuclear fusion. So, why are we still relying on fossil fuels? For decades, scientists have viewed nuclear fusion as the Holy […]
    Tyler Durden
  • "No Approval To Stay": Iraq Rejects Pentagon Plan To Relocate US Troops From Syria October 22, 2019
    "No Approval To Stay": Iraq Rejects Pentagon Plan To Relocate US Troops From Syria American forces withdrawing from Syria into western Iraq have not been issued permission to stay in the country, an official Iraqi government statement has warned, saying further only brief "transit" approval has been given.  US Defense Secretary Mark Esper days ago […]
    Tyler Durden
  • Matt Taibbi Trounces Intellectual Mainstream: "Everyone's A Russian Asset?" October 22, 2019
    Matt Taibbi Trounces Intellectual Mainstream: "Everyone's A Russian Asset?" Authored by Matt Taibbi via RollingStone.com, America laughed at Hillary Clinton’s remarks about Tulsi Gabbard, but her ideas fit perfectly in the intellectual mainstream... Hillary Clinton, not long ago the nominee of the Democratic Party, had some choice words about the state of American politics Friday. “I’m not […]
    Tyler Durden
  • As Liquidity Evaporates, Fed's Third Bill POMO Is 5.5 Oversubscribed, Most Yet October 22, 2019
    As Liquidity Evaporates, Fed's Third Bill POMO Is 5.5 Oversubscribed, Most Yet Earlier this morning, when discussing today's oversubscribed term repo and latest funding squeeze, we previewed today's T-Bill POMO saying,  "and now we await today's T-Bill Pomo result for the final proof of funding deterioration, as we expect today's operation will be the most […]
    Tyler Durden
  • Buchanan: Is Democracy A Dying Species? October 22, 2019
    Buchanan: Is Democracy A Dying Species? Authored by Patrick Buchanan via Buchanan.org, What happens when democracy fails to deliver? What happens when people give up on democracy? What happens when a majority or militant minority decide that the constitutional rights of free speech, free elections, peaceful assembly and petition are inadequate and take to the […]
    Tyler Durden
  • Netflix Tumbles 15% From Earnings Peak As Verizon Hands Out Disney+ For Free October 22, 2019
    Netflix Tumbles 15% From Earnings Peak As Verizon Hands Out Disney+ For Free Despite missing on most metrics during its earnings earlier in the week, Netflix shares soared back above $300 as shorts squeezed and hope ruled. Since that time, things have not gone so well as the cash-burning machine has seen profit-taking slam the […]
    Tyler Durden
  • Liz Warren Wants To Know If JPMorgan Caused Repo Turmoil To Force Fed Into Launching QE October 22, 2019
    Liz Warren Wants To Know If JPMorgan Caused Repo Turmoil To Force Fed Into Launching QE As we reported earlier today, the turmoil in the dollar funding markets has returned, with the Fed's term repo (which covers the Oct 31 "no deal" Brexit deadline) oversubscribed for the first time since the repo crisis started in […]
    Tyler Durden
  • "Protected" CNN Producer Accused Of Sexual Misconduct In Latest Undercover Veritas Video October 22, 2019
    "Protected" CNN Producer Accused Of Sexual Misconduct In Latest Undercover Veritas Video In their latest installment of undercover footage from behind the scenes at CNN, Project Veritas insider Cary Poarch recorded Senior Producer Rick Saleeby accusing supervisor Steve Brusk of sexual misconduct. When speaking about CNN Politics Supervising Producer and White House Unit Supervising Producer/Coverage […]
    Tyler Durden
  • Has Pierre Delecto Killed Mitt Romney's Political Career? October 22, 2019
    Has Pierre Delecto Killed Mitt Romney's Political Career? Authored by Graham Noble via LibertyNation.com, To begin with an entirely objective statement: Rational people, when considering the worth of any politician, find nothing more distasteful than the politico in question deliberately concealing his or her true feelings, opinions, or policy agenda. All of us want our […]
    Tyler Durden
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