It is the 17th of January 2018

News

China Beige Book Warns Economic Slowdown Has Begun

When it comes to the global economy, few things matter as much as China, the trajectory of its economy and especially the pace and impulse of its credit creation, which is ironic because virtually all data coming out of China is fabricated and manipulated, and thoroughly untrustworthy, either on purpose or "by accident."

Read More

Citi's "What If?" Scenarios: Part 2

Yesterday we published the first set of 7 "What If" scenarios that didn't make it into the Citi Credit team's (already rather gloomy) year-ahead forecast. Because while Citi's "base case" was clearly bearish (our summary can be found here), what was left unsaid was even more unsettling, if not troubling. As the bank's credit team wrote "what about the outcomes that didn’t quite make it into our base case? The scenarios that aren’t central, but which aren’t entirely implausible either – both bullish and bearish." Citi then listed the following 7 scenarios in the first part of its quasi-forecast:

Read More

"They Called It 'The Rape Room'" - 10 Women Share Chilling Details Of Ken Friedman's Sexual Abuse

In a bombshell report that has rattled the food world, several former employees of restaurant impresario Ken Friedman shared chilling details of the sexual harassment and abuse they suffered at Friedman’s hands with the New York Times, describing the omerta that existed among staffers at his restaurant, who inevitably accepted the harassment as part of a job that offered many perks, including great pay and bonuses in the form of concert tickets and other in-demand items.

Read More

Deutsche: "We Are Almost At The Point Beyond Which There Will Be No More Bubbles"

Whereas many Wall Street strategists enjoy simplifying their stream of consciousness when conveying their thoughts to their increasingly ADHD-afflicted audience, the same can not be said for Deutsche Bank's Aleksandar Kocic, who has a troubling habit of requiring a background and competency in grad level post-modernist literature as a prerequisite for his articles among the handful of readers who don't already speak exclusively in binary. Here is an example of Kocic's "unique" narrative style:

Read More

Featured Apps

Free Money