It is the 20th of August 2017

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"Almost Cataclysmic": Barclays Reveals Which Restaurants Are Most Exposed To Collapsing Malls

We've spent a lot of time this year discussing the complete collapse of mall-based retailers, a collapse which has resulted in more store closures in Q1 2017 than all of 2016 and will likely claim more victims by the end of this year than any year since the great recession nearly a decade ago.  Here are a couple of recent examples:

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Mitt Romney Blasts Trump: "What He Communicated Caused Racists To Rejoice"

On Facebook this morning, Mitt Romney posted a rather forceful plea for President Trump to pursue "extreme remedial actions" regarding his Charlottesville comments saying that "whether he intended to or not, what he communicated caused racists to rejoice, minorities to weep, and the vast heart of America to mourn."

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Carmageddon: Deep Subprime Auto Delinquencies Spike To 10-Year Highs

If you're still on the fence about whether the auto market in this country is anything but a massive bubble being propped up by extremely loose credit underwriting standards, then we think Equifax has just provided some definitive evidence that just might push you over the edge. 

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Watch Live: White House Holds On-Camera Briefing

In what looks like a routine briefing, Secretary of Veterans Affairs David Shulkin is due to discuss the Veterans Educational Assistance Act in a press conference beginning at 5 p.m. ET.

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Hussman Predicts Massive Losses As Cycle Completes After Fed Warns Markets "Vulnerable To Elevated Valuations"

Buried deep in today's FOMC Minutes was a warning to the equity markets that few noticed...

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