The Flip Side

The wry side of finance… and more
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17-Aug-2018 Intellasia | The Flip Side | 6:56 PM
August has been an ugly month. Look around the world and most assets are suffering as the lagged reality of shrinking central bank balance sheets and a Fed-enabled dollar-shortage has [...]
Source: Zerohedge
17-Aug-2018 Intellasia | The Flip Side | 6:35 PM
Authored by James Howard Kunstler via Kunstler.com, The faction that used to be the Democratic party can be described with some precision these days as a three-headed monster driving the nation toward danger, darkness, and incoherence.
Anyone interested in defending what remains of the sane center of American politics take heed: The first head is the one infected with the toxic shock of losing the 2016 election. [...]
Source: Zerohedge
17-Aug-2018 Intellasia | The Flip Side | 6:18 PM
US equity markets are jumping to the highs of the day after the Wall Street Journal reports  that Chinese and U.S. negotiators are drawing a road map for talks to [...]
Source: Zerohedge
17-Aug-2018 Intellasia | The Flip Side | 6:10 PM
Google employees have issued a "code yellow" alert to company executives over brewing opposition to a planned censored search engine in China, citing "urgent moral and ethical issues" in a letter [...]
Source: Zerohedge
17-Aug-2018 Intellasia | The Flip Side | 5:53 PM
"America has been at war for 225 of the 242 years of its existence: A handful of those conflicts go down as 'good wars.' But most go down as operations [...]
Source: The Daily Crux
17-Aug-2018 Intellasia | The Flip Side | 5:51 PM
Authored by Mohamed El-Erian via Project Syndicate, Rather than sticking with the approach taken by numerous other countries – including Argentina earlier this year – by raising interest rates and seeking some form of IMF support, Turkey has shunned both in a very public manner. Unless it changes course, the government risks much wider damage – and not just in Turkey.
Whether by accident or design, Turkey is trying to rewrite the chapter on crisis management in the emerging-market playbook. Rather than opting for interest-rate hikes and an external funding anchor [...]
Source: Zerohedge
17-Aug-2018 Intellasia | The Flip Side | 5:30 PM
We're almost there: in just 4 trading days, the S&P 500 "bull market" which has purchased by central banks with trillions in liquidity and by companies with even more trillions [...]
Source: Zerohedge
17-Aug-2018 Intellasia | The Flip Side | 5:22 PM
The Wall Street Journal continues to counter  the  liberal mainstream media's Trump Derangement Syndrome, dropping uncomfortable truth-bombs and refusing to back off its intense pressure to get to the truth [...]
Source: Zerohedge
17-Aug-2018 Intellasia | The Flip Side | 5:15 PM
To contain the historic plunge of its currency, this week Turkey unleashed an unprecedented barrage of interventions in its market, if not the economy, mostly focusing on crushing short sellers [...]
Source: Zerohedge
17-Aug-2018 Intellasia | The Flip Side | 4:55 PM
While one wouldn't see it by looking at the S&P 500 which in fits and starts continues to push toward its January all time highs, the latest weekly flows saw [...]
Source: Zerohedge
17-Aug-2018 Intellasia | The Flip Side | 4:40 PM
The United States has confirmed plans to more double the number of troops based in Norway, a move Russia has already criticised as “clearly unfriendly”. As The Local reports, the Norwegian [...]
Source: Zerohedge
17-Aug-2018 Intellasia | The Flip Side | 3:31 PM
"A nuclear power plant in Southern California that was shut down in 2012 continues to leak radioactive material and poses a threat to nearby communities..." [...]
Source: The Daily Crux