“Peak” SPAC: Playboy Enterprises Considering Going Public Through Blank Check Company Tyler Durden Sat, 09/19/2020 – 21:00 Just because Playboy magazine no longer exists shouldn’t mean that the company shouldn’t have access to tap the capital markets in what is becoming the trendiest way on Wall Street: a SPAC. Playboy Enterprises could be the next… Read More
Newton, Physics, & The Market Bubble Tyler Durden Sat, 09/19/2020 – 20:30 Authored by Lance Roberts via RealInvestmentAdvice.com, I have previously discussed the importance of understanding how “physics” plays a crucial role in the stock market. As Sir Issac Newton once discovered, “what goes up, must come down.” Andy Kessler, via the Wall Street Journal, recently discussed a similar point… Read More
US Sends More Armored Infantry Units Into Syria Amid Increased Russian Presence Tyler Durden Sat, 09/19/2020 – 20:00 Amid increasing tense encounters between American and Russian military convoys in northeast Syria, which in at least one recent encounter ended in a ramming incident, additional US mechanized infantry units have been ordered into Syria on Friday,… Read More
You might’ve heard about the Snowflake IPO making headlines. It’s a company with a special type of deal structure that most investors might not have heard of before. And leading the charge and fury in the IPO markets are SPAC’s, short for Special Purpose Acquisition Companies. In this week’s KII Marin discusses: – SPACS: what… Read More
Legendary financial and geopolitical cycle analyst Martin Armstrong thinks many European bonds will never be fully paid back. They will be a default, but it won’t be an outright default. Armstrong explains, “So, in Europe, all the bonds they have bought, they have to constantly keep rolling them over in addition to what they buy.… Read More
Glenn Greenwald Shocks With Explanation On Why Mainstream Media Is Ignoring Assange Trial Tyler Durden Sat, 09/19/2020 – 19:00 Well-known journalist Glenn Greenwald has once again sparked intense debate on the Left by refusing to conform to any level of group-think. On Friday he mused about the ongoing Julian Assange extradition trial in London, offering an… Read More
Trump Has “Given His Blessing” To TikTok-Oracle Deal As ByteDance Begs US Court To Intervene Tyler Durden Sat, 09/19/2020 – 18:30 During a briefing with reporters at the White House on Saturday, President Trump confirmed that he had signed off on a proposed deal that would involve spinning off TikTok’s global business into a standalone,… Read More
Nuclear Scenario For Markets Emerges In ‘Jaw-Dropping’ SCOTUS/Election Plot-Twist Tyler Durden Sat, 09/19/2020 – 18:00 “If the script were being written, this would be the plot-twist that would drop jaws in the theater…” That is the dramatic (and rightfully so) introduction to a tweet thread by Jake Sherman describing the potential playbook for the next… Read More
ActBlue Raises Record $50 Million Following Ginsburg Death Tyler Durden Sat, 09/19/2020 – 17:30 Left-wing fundraising organization ActBlue raised a staggering $50 million by 4 p.m. ET on Saturday following the death of Supreme Court Justice Ruth Bader Ginsburg, according to the Associated Press. Hey reporters wondering if this SCOTUS news is motivating Democrats. Here… Read More
Amazon Keeps Spreading Across America, Plans 1000 Warehouses In Suburban Neighborhoods Tyler Durden Sat, 09/19/2020 – 17:00 Amazon is doubling down on ultra-fast deliveries with plans to open 1,000 small delivery centers across U.S. metro areas and suburbs, according to Bloomberg. The expansion will allow the e-commerce giant to take on Target and Walmart. “The facilities, which… Read More
Tug Of War Across Markets Hides “Trade Of A Lifetime” Tyler Durden Sat, 09/19/2020 – 16:00 Another day, another set of market takes, warning that the recent advent of helicopter money – which resulted in a mind-boggling $21 trillion in policy stimulus, roughly a quarter of global GDP, in just the past 6 months –… Read More
Secret Service Intercepts ‘Highly Toxic’ Poison Ricin Mailed To White House Tyler Durden Sat, 09/19/2020 – 15:45 Just as the presidential race has been upended by the death of Ruth Bader Ginsburg, the Secret Service has intercepted a piece of mail addressed to the White House containing the lethal poison ricin, according to media reports.… Read More
“I’m Speechless”: Police Chase Down Tesla On Autopilot Doing 90 MPH With Driver And Passenger Asleep Tyler Durden Sat, 09/19/2020 – 15:00 Another day, another story of a horribly irresponsible Tesla owner “beta testing” the company’s Autopilot software while putting countless other lives at risk. And likely, another day the NHTSA in the U.S. will… Read More
Turbulence Ahead… Tyler Durden Sat, 09/19/2020 – 14:30 Via AdventuresInCapitalism.com, On Monday, I return to work from an extended vacation (I didn’t miss much it seems). I’m refreshed and ready for what will likely be one of the craziest periods for the markets since the COVID Crash. I realize I’m the guy who has gone out there… Read More
Deutsche Bank Trader Prosecuted By DoJ Was A London Gold And Silver Fixer Tyler Durden Sat, 09/19/2020 – 13:40 Submitted by Ronan Manly, BullionStar.com ‘Beginning in at least May 2008 and continuing through at least July 2013 (the “Relevant Period”), Defendants James Vorley (“Vorley”) and Cedric Chanu (“Chanu”) engaged in a manipulative and deceptive scheme (the “Scheme”) while placing orders and… Read More
“It’s Time To Lighten Exposure”: Here Are The Next Four Risks For Markets Tyler Durden Sat, 09/19/2020 – 13:15 September’s big event for markets – the FOMC meeting – has come and gone and clearly there was some disappointment in markets from a statement that many viewed as not dovish enough. In fact, as Morgan… Read More
Picking RBG’s Successor: The Who & The When Tyler Durden Sat, 09/19/2020 – 12:25 The political battles over who will succeed Ruth Bader Ginsburg as Supreme Court Justice have already begun with some demanding delays, some pushing urgency, others urging more radicalism, and all of this being super-amplified by every mainstream and social media feed,… Read More
Is The COMEX Fudging Physical Delivery Data? Tyler Durden Sat, 09/19/2020 – 12:01 Submitted by Jan Nieuwenhuijs of Voima Gold. Recently, several gold commentators have stated that there is an anomaly in physical delivery numbers of the COMEX futures exchange in New York. After reviewing the numbers I see no fraud in the data. When… Read More
HOMEWOOD, Ill., Sept. 19, 2020 (GLOBE NEWSWIRE) — CN (TSX:CNR) (NYSE:CNI) is offering members of the media the opportunity to talk with uniformed police officers during Rail Safety Week, from September 21-27, about the importance of rail safety at crossings and the dangers of trespassing. Members of the CN Police Service will be available for… Read More
From Brilliant To Brain-Dead: The Risk Of Timing Manic Markets Tyler Durden Sat, 09/19/2020 – 11:09 Submitted by Kailash Concepts, The Hazards of being In the Grip of a Growth Mania In This Time is Different, Carvana & Akamai and IPO Stocks are the New Staples, Kailash documented: Big Data is being used to substantiate… Read More