VIX ‘Curve’ Inverts As Traders Carry Biggest Short Vol Position Since Feb Crisis

VIX is spiking this morning, back above 16 for the first time since May… and inverting the term structure… For the first time since April…   This surge is coming right after Large Specs have rebuilt the largest net short vol position since the Feb XIV collapse. Is the next short-vol-squeeze coming? The post VIX

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Martin Armstrong: 30 Years Of Global Warming Forecasts Have All Failed

Authored by Martin Armstrong via ArmstrongEconomics.com, The Wall Street Journal just published a review of the Global Warming Forecasts for the past 30 years. They have not even come close to the scenarios they put forth back in 1988… On June 23, 1988, the then NASA scientist James E. Hansen who helped to start all this nonsense

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“Somebody Needs Their Head Examined” Dallas Fed Survey Respondents Fume As Stagflation Looms

The Dallas Fed survey of Texas manufacturing soared to 36.5 in June (from 26.8), back near its highest since 2004. The problem, however, is this spike is being driven by soaring prices as production slows – flashing a big red stagflationary alarm once again. We have seen this stagflationary surge before – it led a

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Mnuchin Calls Bloomberg, WSJ Stories Of China Investment Restrictions “Fake News”

In a bizarre development, one day after the FT, WSJ and Bloomberg all reported that the US is preparing restrictions on Chinese investments in the US, moments ago Steven Mnuchin tweeted – on behalf of Donald Trump –  that the stories are “false, fake news.” On behalf of @realDonaldTrump, the stories on investment restrictions in

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Dear High School Graduates…

Authored by Charles Hugh Smith via OfTwoMinds blog, You deserve a realistic account of the economy you’re joining. Dear high school graduates: please glance at these charts before buying into the conventional life-course being promoted by the status quo. Here’s the summary: the status quo is pressuring you to accept its “solutions”: borrow mega-bucks to

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Here Are Some More Things That Really Don’t Need Blockchain

Every week, the news.Bitcoin.com inbox, and that of every other crypto newsdesk, fills up with press releases festooned with gratuitous use of the word ‘blockchain’. We’re not against blockchain technology – all of our favorite cryptocurrencies are reliant on it – but we’re vehemently against things being given blockchain that have no right to that

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QTUM Implements New-age Features Aimed at Mass Adoption

As more and more businesses and processes continue to jump on the blockchain technology bandwagon to harness the potential benefits it offers, a few limitations of blockchain have come to the fore owing to its increasing use in a variety of ways. For instance, smart contract-powered Ethereum continues to face issues of scalability, security and

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German business confidence suffers as trade war ramps up

Business confidence in Germany fell in June to its lowest in more than a year, suggesting the mood among company executives is darkening as the world edges toward a full-blown trade war. Activity declined in all four sectors measured by the Munich-based Ifo institute in Monday’s survey – manufacturing, services, trade and construction. The readings

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