Investing Matters

France Deploys Military Police To Caribbean Islands Amid Unrest Over Vaccine Mandate Authored by Isabel van Brugen via The Epoch Times, The French government has deployed military police to the Caribbean islands of Martinique and Guadeloupe amid intensifying protests against COVID-19 vaccine mandates and other pandemic related restrictions. Following several weeks of unrest and violent protests over COVID-19 measures—including a vaccine mandate for health care workers—police reinforcements were sent […]

Cook County Blows Past 1,000 Homicides This Year In First Since 1994 The greater Chicago-area Cook County has this week surpassed a grim record – for the first time in almost three decades seeing more than 1,000 homicides in one year. With still a month to go until the close of 2021 the Cook County Medical Examiner’s office put out figures on Tuesday showing 1,009 total homicides. […]

Dying COVID-19 Patient Recovers After Court Orders Hospital To Administer Ivermectin Authored by Matthew Vadum via The Epoch Times, An elderly COVID-19 patient has recovered after a court order allowed him to be treated with ivermectin, despite objections from the hospital in which he was staying, according to the family’s attorney After an Illinois hospital insisted on administering expensive remdesivir to the patient and the […]

NYC Prisons Face Crippling Staff Shortages As Thousands Defy Mayor’s Vaccination Mandate Outgoing NYC Mayor Bill de Blasio has been widely criticized for seeming and acting out of touch with New Yorkers. And during his final weeks in Gracie Mansion, the intensely unpopular Democratic candidate may unwittingly handicap the already struggling NYC jail Riker’s Island. To wit, the AP reports that hundreds of city department […]

Satyajit Das Exposes Fintech’s “Flim-Flam” Innovation Games Authored by Satyajit Das via NakedCapitalism.com, Investment in fin-tech (the untidy agglomeration of finance and technology) has reached a record $91.5 billion, double that of 2020. In the last quarter, there were over 40 fintech unicorns (start-ups valued at over $1 billion). The sector now attracts around 20% of all venture capital. But its looks remarkably like a repeat […]

JPM’s Kolanovic Suggests Omicron Could Be Positive For Risk And “End The Covid Pandemic” Two days ago, amid one of the biggest market routs since March 2020 and following the worst Black Red Friday for markets in history sparked by the panic and chaos over the brand new Omicron variant, we asked a simple, contrarian question: “Will The Omicron Virus Turn Out To Actually Be […]

Erdogan Fires Turkey’s Finance Minister, Replaces Him With Rate Cut-Friendly Puppet In retrospect, it should have been obvious that something big is coming out of Turkey today when overnight the central bank intervened in the FX market (both spot and futures) for the first time since 2014 to halt the ongoing rout in the Turkish lira. Well, that something was revealed just around midnight Turkish […]

Kremlin Says Half Of Entire Ukrainian Army Is In Donbass As Blinken Warns Putin: US “Prepared To Act” A Wednesday statement out of the Russian Foreign Ministry has charged Kiev with stoking tensions along the Ukrainian border. The statement alleged that over 100,000 Ukrainian troops and military hardware have been moved into the restive Donbass region, where the national forces have been in a stalemate […]

WHO Recommends People Aged 60 & Above Postpone Travel Due To Omicron Variant Concerns Authored by Isaac Teo via The Epoch Times, The World Health Organization is recommending people 60 and older to postpone their travel plans over Omicron variant concerns. The WHO, which named Omicron as a variant of concern (VOC) on Nov. 26, says it is monitoring the spread of the variant, and advised certain travelers to […]

The Long Cycles Have All Turned: Look Out Below Authored by Charles Hugh Smith via OfTwoMinds blog, But alas, humans do not possess god-like powers, they only possess hubris, and so all bubbles pop: the more extreme the bubble, the more devastating the pop. Long cycles operate at such a glacial pace they’re easily dismissed as either figments of fevered imagination or this time it’s different. But […]

Trump Social Media Venture Soars: In Talks Over $1 Billion Raise At Much Higher Valuation Markets may be crashing, but not every stocks is getting smashed into the close and one notable outlier is blank check firm Digital World Acquisition Corp (ticker DWAC) better known as Donald Trump’s new social media venture, which according to a late day report from Reuters is seeking to raise […]

Having Abandoned TWTR, Jack Dorsey Goes All-In On Crypto, Renames ‘Square’ Well that didn’t take long… Less than a week after Jack Dorsey stepped down as CEO of the angry screamfest known as Twitter, it appears he has moved all-in on crypto by renaming his other company from Square to Block. As Dorsey says, The change to Block acknowledges the company’s growth. It’s now clear […]