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Business & Economics

EU Close Ends Short-Squeeze Ramp, Stock Slide Resumes

May 6, 2019May 6, 2019 by Tyler Durden

And just like that, the buying-panic ends. We warned you… Europe close ramp over in 5 — zerohedge (@zerohedge) May 6, 2019 https://platform.twitter.com/widgets.js It was all a big short-squeeze back …

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Categories Business & Economics

The Most Powerful Woman On Wall Street Is In Talks To Become Wells Fargo’s Next CEO

May 6, 2019May 6, 2019 by Tyler Durden

Wells Fargo is reportedly in talks to hire Bridgewater Associates co-CEO Eileen Murray – one of the most powerful women on Wall Street, if not the most powerful – to …

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Categories Business & Economics

“Fasten Your Seatbelt” – What Happens Next In The US-China Trade War

May 6, 2019 by Tyler Durden

Now that the market has digested the initial shock following Trump’s surprise threat to raise the 10% tariff on $200BN of Chinese goods to 25% on May 10 in what …

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Categories Business & Economics

Support For Guaido Weakens As Weary Venezuelans Tire Of Violent Clashes

May 6, 2019May 6, 2019 by Tyler Durden

After a week of street demonstrations that left four dead and hundreds injured, the Venezuelan people are growing weary of opposition leader Juan Guaido’s attempts to win military support for …

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Categories Business & Economics

Dow Soars 300 Points Off Overnight Lows: “Be Careful What You Wish For”

May 6, 2019May 6, 2019 by Tyler Durden

From the moment the opening-bell rang for US cash equity markets, a buying-panic ensued, lifting Dow futures 300 points off their lows… Quite a comeback and the timing was incredible… …

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Categories Business & Economics

A Parent’s Primer On Why College Is So Pricey—and What You Can Do About It

May 6, 2019May 6, 2019 by Kerry McDonald

College costs are rising and student loan debt is ballooning. Parents can help to control these costs by being more discerning about various college expenses, guiding their child to consider …

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Categories Business & Economics

Good Riddance To A “Nothing-Burger” Trade Deal

May 6, 2019May 6, 2019 by Tyler Durden

Authored by Charles Hugh Smith via OfTwoMinds blog, China has expanded its domestic debt to fund its growth, much of which qualifies as malinvestment, creating financial vulnerabilities its government is …

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Categories Business & Economics

Occupational Licensing — An Unnecessary Evil

May 6, 2019 by Mises Wire

The number of jobs that require an occupational license now covers 30% of the US workforce, up from 5% in 1950. Original Article: “Occupational Licensing — An Unnecessary Evil”. Mises …

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Categories Business & Economics

Nadler Schedules Barr Contempt Vote Amid Mueller Report Standoff

May 6, 2019 by Tyler Durden

House Judiciary Committee Democrats on Monday took their first formal step to hold Attorney General William Barr in contempt for his refusal to provide special counsel Robert Mueller’s full report …

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Categories Business & Economics

Michael Cohen Reports To Prison

May 6, 2019 by Tyler Durden

Michael Cohen’s attempts to strike a deal with prosecutors to either delay or reduce his prison sentence have been unsuccessful, and on Monday he will report to the Federal Correctional …

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Categories Business & Economics
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