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We Just Witnessed The Greatest One Day Global Stock Market Loss In World History

More stock market wealth was lost on Friday than on any other day in world history.  As you will see below, global investors lost two trillion dollars on the day following the Brexit vote.  And remember, this is on top of the trillions that...



George Will and the Failure of WASP Conservatism

Much is being made of the fact that George Will recently announced that he has left the Republican Party because of the nomination of Donald Trump. My initial reaction, and the reaction of many others judging by the responses I have seen, is "Good...



If you care . ..

These are two best articles I've read on why Brexit occurred: "Brexit: A Very British Revolution". "As a historian, I can assure you this is the most tumultuous event of modern times, a people's revolt against...



George Soros: With Brexit, EU Now On The Verge Of Collapse

George Soros is back again with a dire warning – the Brexit could lead to the disintegration of the European Union. I noted in his earlier op-ed that Soros only focused on UK concerns with the EU and not with a EU break-up, but that it must...



3 Hottest Housing Markets in America Right Now

Hot housing market | Justin Sullivan/Getty Images The real estate market is on fire. Home prices continue to climb higher, the average new single-family home is now bigger than ever, low-document loans are starting to resurface, and Rocket Mortgage ads...



Dow drops more than 600 points as Brexit raises risk of global recession

The risk of another global recession escalated Friday after Britain’s stunning decision to leave the European Union plunged financial markets into freefall and tested the strength of the safeguards put in place since the last downturn seven years...



NBA: Top 3 Teams Kevin Durant Could Play for in 2016

Ronald Martinez/Getty Images The 2015-16 NBA Playoffs may have just finished, but that doesn’t stop the long-running conversation about Oklahoma City Thunder star forward Kevin Durant’s pending free agency next summer. The 27-year-old will...



‘Game of Thrones’: Everything That’s Been Set Up for the Finale

It’s been one crazy season for Game of Thrones. Without the books to fall back on, it’s led to some intriguing plot developments, as well as momentum like we’ve never seen before in the show’s...



YouTube Tries to Take Care of Its Creators



Paul Krugman: Brexit: The Morning After

"Worry about Britain": Brexit: The Morning After, by Paul Krugman, NYTimes: Well, that was pretty awesome – and I mean that in the worst way. ... That said, I’m finding myself less horrified by Brexit than one might have...



Black Friday: Shocking Brexit Vote Result Causes The 9th Largest Stock Market Crash In U.S. History

Has the next Lehman Brothers moment arrived?  Late Thursday night we learned that the British people had voted to leave the European Union, and this could be the “trigger event” that unleashes great financial panic all over the...



FEDERAL RESERVE: We are 'carefully monitoring' markets right now

The Federal Reserve said it is paying close attention to global financial markets and will step in if it needs to, in a statement Friday.  Markets are selling off on Friday after Britain voted to leave the European Union...



Initial Guidance | 24 June 2016

The UK voted to leave the European Union, dealing a heavy blow to Europe’s 50-year effort to create a unified economic region and unleashing a hefty dose of economic uncertainty for Britain, Europe and perhaps the world economy in the months...



Brexit polling: What went wrong?

Commenter numeric writes: Since you were shilling for yougov the other day you might want to talk about their big miss on Brexit (off by 6% from their eve-of-election poll–remain up 2 on their last poll and leave up by 4 as of this posting). Fair...



Cramer: The last diamond left in tech

Jim Cramer outlines the companies in tech changing the business, including...



Risk off

At this point (midnight) the global economy has been hit by a negative monetary shock, one of the biggest in years.  Here’s what to watch tomorrow: 1. Does the crisis show signs of spreading to the PIIGS? 2.  What do the...



5 Detox Diets Celebrities Use to Lose Weight

Detox diets rid your body of toxins and pollutants by having you consume fewer unhealthy substances, such as alcohol, caffeine, artificial preservatives, and pesticides, and replace them with liquids and foods that help your body cleanse,...



Universal Basic Income, Job Killing Robots, and the Washington Post

Back in my teaching days I would use the seriously wrong answers on student exams as valuable information telling me what concepts I need to explain better. Charles Lane's Washington Post column on a universal basic income can be used the same way....



Donald Trump’s political suicide mission

Trump is proving he can’t manage a general-election...



Land around San Andreas fault rising and sinking...

Land around San Andreas fault rising and sinking...(Second column, 8th story, link)Related stories:FLASHBACK: 'Locked, loaded and ready to roll'... ...



Partisanship and Political Animosity in 2016



Social Media and the Workplace

Workers turn to social media for a range of reasons while at work, with taking a mental break and connecting with friends and family being among the most...



Strong Gold Positions in Global Pension Funds

Why Gold, Why Now? by Frank Holmes During my most recent webcast a couple of weeks ago, I had the pleasure of being joined by the CEO of the World Gold Council (WGC), Aram Shishmanian. As expected of someone of his stature, Aram brought another level of...



‘Star Wars: The Force Awakens’: Why Rey Will Be a Skywalker

Spoilers ahead for Star Wars: The Force Awakens! Star Wars fans probably walked out of the theater from The Force Awakens with a couple of thoughts swirling in their heads. In addition to their general awe (or disappointment, as the case...



Stocks gain as UK vote approaches (1647360)

Most stock markets rose on Tuesday as the UK's referendum on whether to leave the European Union drew closer. The S&P 500 rose 0.3 percent, the STOXX Europe 600 rose 0.7 percent and the Nikkei 225 rose 1.3 percent but the Shanghai Composite...



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Cramer: The last diamond left in tech

Jim Cramer outlines the companies in tech changing the business, including...



Drop the Supersonic Aircraft Ban, Watch Business Boom

The technology is vastly improved since the Concorde was regulated out of...



Gundlach: June Hike 'Impossible' Following Disappointing Employment Report

DoubleLine's Jeff Gundlach has described the nonfarm payrolls report released on Friday a "real body blow" that essentially means an interest rake at the Fed's June meeting is an "impossibility." read more ...



Initial Guidance | 24 June 2016

The UK voted to leave the European Union, dealing a heavy blow to Europe’s 50-year effort to create a unified economic region and unleashing a hefty dose of economic uncertainty for Britain, Europe and perhaps the world economy in the months...



Brainard, The Economic Outlook and Implications for Monetary Policy

Speech at the Council on Foreign Relations, Washington, District of...



If you care . ..

These are two best articles I've read on why Brexit occurred: "Brexit: A Very British Revolution". "As a historian, I can assure you this is the most tumultuous event of modern times, a people's revolt against...



NBA: Top 3 Teams Kevin Durant Could Play for in 2016

Ronald Martinez/Getty Images The 2015-16 NBA Playoffs may have just finished, but that doesn’t stop the long-running conversation about Oklahoma City Thunder star forward Kevin Durant’s pending free agency next summer. The 27-year-old will...



FEDERAL RESERVE: We are 'carefully monitoring' markets right now

The Federal Reserve said it is paying close attention to global financial markets and will step in if it needs to, in a statement Friday.  Markets are selling off on Friday after Britain voted to leave the European Union...



YouTube Tries to Take Care of Its Creators



LOSING LEBRON...

LOSING LEBRON...(Second column, 8th story, link) ...



Land around San Andreas fault rising and sinking...

Land around San Andreas fault rising and sinking...(Second column, 8th story, link)Related stories:FLASHBACK: 'Locked, loaded and ready to roll'... ...



Black Friday: Shocking Brexit Vote Result Causes The 9th Largest Stock Market Crash In U.S. History

Has the next Lehman Brothers moment arrived?  Late Thursday night we learned that the British people had voted to leave the European Union, and this could be the “trigger event” that unleashes great financial panic all over the...



Partisanship and Political Animosity in 2016



Risk off

At this point (midnight) the global economy has been hit by a negative monetary shock, one of the biggest in years.  Here’s what to watch tomorrow: 1. Does the crisis show signs of spreading to the PIIGS? 2.  What do the...



Oppenheimer Analyst Views Apple Car ‘Very Negatively’

Just a couple of days ago, Tesla founder Elon Musk called the rumored Apple car a “missed opportunity.” Musk believes that Apple would become a serious competitor to Tesla in the electric vehicle market. But the Cupertino company...



Brexit polling: What went wrong?

Commenter numeric writes: Since you were shilling for yougov the other day you might want to talk about their big miss on Brexit (off by 6% from their eve-of-election poll–remain up 2 on their last poll and leave up by 4 as of this posting). Fair...



5 Detox Diets Celebrities Use to Lose Weight

Detox diets rid your body of toxins and pollutants by having you consume fewer unhealthy substances, such as alcohol, caffeine, artificial preservatives, and pesticides, and replace them with liquids and foods that help your body cleanse,...



Trump Campaign Wastes A Lot Of Paper Printing Articles About Trump

Donald Trump approaches the media like an angry schoolteacher picking worksheets apart. As you might expect, his campaign staffers search for "Donald J. Trump" on Google News every morning, writer Olivia Nuzzi reported in GQ Monday. And then...



We Just Witnessed The Greatest One Day Global Stock Market Loss In World History

More stock market wealth was lost on Friday than on any other day in world history.  As you will see below, global investors lost two trillion dollars on the day following the Brexit vote.  And remember, this is on top of the trillions that...