Five tips to remember for #MachineLearning #fintech @Enterprisei #AI
Admittedly, thats a very low bar.
Looking for a real soul connection? You can never ask enough questions @Ecochickie
Scientists brace for climate-fund cutoff From @ivansemeniuk
Incompetent Teachers Face Demotion, Dismissal: #Uganda
Hanging out at Hellfest
Suppliers Take Nakumatt to Court Over Debt: #EastAfrica
Govt Eyeing Cluster Centers to Fast Track Industrialization: #Ethiopia
#NotInMyName – Indians protest vigilante attacks on Muslims
Why have we had to rely on hackers to stop catastrophic ransomware again? asks @jm_stout
Will CNN learn from its mistakes? Prepare to be disappointed
#Venezuela’s supreme court attacked with grenades from police helicopter
Finance squeeze hits Afghan mine clearers
Florida wildfire cuts interstate highway
Evicted Tenant Leaves Boxes of Tarantulas Behind
Rate-cutting race among BRICS outliers rits Russia versus Brazil
Spicer will headline a GOP fundraiser in Rhode Island
.@USATODAY gets woke, discovers capitalism.
BOFI Federal Savings: Disclosing Little, And Saying Less $
Ex-police chiefs charged over UKs 1989 Hillsborough stadium disaster that killed 96:
This is how blockchains could revolutionize international aid:
Opposition Manifesto Promises Higher Wages for Kenyans #Kenya
The New York subways success is causing it to fail
Paddington Bear creator Michael Bond dies at 91 From @GlobeBooks
Minister Samuel Moncada We will capture him and bring him to justice.
Is social mobility beyond the government’s control?
May signals UK public-sector pay may rise ahead of key vote via @TimRoss_1
If Americas 55 million Latinos were a country, it would be the worlds 7th-largest economy:
SIGN UP to receive a free daily digest of best in energy news + my research notes by emailing john.kemp@tr.com
Why the conservative gainsaying of Medicaid’s effectiveness is so infuriating.
German audience laughs and cheers after Trump Cabinet members speech cut off
Japans JXTG settles Q2 #HSFO price 6.2% lower from Q1 on weaker #oil price. Full story
Minister Samuel Moncada We will capture him and bring him to justice.
Fresh cyberattack likely ‘more sophisticated’ than WannaCry: Europol
Stamped from the Beginning: Ibram X. Kendi on the History of Racist Ideas in U.S.
Meat processor cuts deal with ABC in pink slime defamation case
A Look at Uncertainty in the UK, Post-Election | Daniel Lacalle
@mises
The WOKEST take on Goldilocks youll see today
Democrats have hired Raffi Krikorian, a former Uber exec, as their chief technology officer
Grenades dropped from helicopter on Venezuela’s Supreme Court building
Learners Allegedly Strip Searched for Cheat Notes - Opposition Party: #SouthAfrica
Trump’s lawyers will postpone filing a complaint against Comey with DOJ, source says
CFTC Chief Asks Congress for More Money to Oversee Blockchain
Pakistan issues landmark transgender passport; fight for rights goes on
NSA spying scandal committee presents controversial final report
Obama received much higher ratings at the end of his presidency than Trump gets today
Por vezes ainda me surpreende que estejamos só agora a resolver enormidades deste calibre (do @JNegocios de hoje)
Yemen: Worlds worst cholera outbreak mapped
When trying to survive while homeless is made illegal
The Mathematics of Machine Learning #machinelearning #mathematics
What is lost when teachers cant afford to live near students? asks Andrew Simmons
CNN launching new brand featuring Chris Cillizza
US Recreation Index for June: 78.2, previous: 77.3 (change: 1.1%) #WPI
Beijing is weakening Hong Kongs rule of law. How far will it go? #HKSAR20
Verizon jumps on the AI-security bandwagon @BankingTechno
How mirror trades moved billions out of Russia
Trump calls Washington Post fake news over report about fake Time magazine covers:
Euro v. pound: which one will come out on top?
A sign to go slow on raising the minimum wage to $15 an hour, says @Noahpinion
These charts show U.S. threat from foreign steel is overblown via @daniel_flatley
Global #Stocks Fall on Jitters over #CentralBanks Policy
Paddington Bear creator Michael Bond dies aged 91
Kenyan author ditches Swedish book fair over far-right newspaper
Clarity Or Confusion $
10 facts about smartphones as the iPhone turns 10
Magufuli Bids Farewell to Presidents Delivery Bureau Workers: #Tanzania
How a computer virus spread from Ukraine to disrupt world business: #ReutersCyber #CyberRisk
Mouse droppings, beetle bits found in German bakeries
CNN reporter fires back: Sean Hannity needs a hug
Ashton Kutcher: Were getting close to the point where acting can be automated
‘Evil’ Brussels vs. ‘good’ Prague: Czech MEPs want to change EU’s image
#German legislators approve disbursement of loan installment to #Greece
#Iran Annual #Inflation at 11.8%
Carney makes his Mark. Sterling rises vs dollar for 6th day in a row, its best run since March last year.
The changing face of jihadism in Switzerland
How Vienna solved homelessness (via @crosscut) #500khomeless
Will grad students lose the right to unionize under Trump? asks @AlanaSemuels
Russia doubles down on criticism of US for alleging Syria is planning a new chemical attack
Global borrowing hits record as big central banks prepare to tighten credit via @Reuters
@sigrunda
Trump is waging a new kind of Cold War — and millions of jobs are on the front line
Philippines: Market Growth continues to grow but at a reduced rate in June. #SMI
Opinion: Will Albania descend into chaos as Macedonia did? by @dimitarbechev:
Meal-kit maker Blue Apron slashes its valuation expectations by a third. More here:
The New Statesman Leader: Labour and the Brexit debacle
France to legislate on assisted reproduction
Chinese reporters say blocked from #SichuanLandslide coverage
Scarborough: State Department is rotting under Tillerson
BlackRocks Rosenberg doubts market misjudged Draghi via @markets
Our must-read @CapX email now comes with a Stat of the Day. Like this bad boy
11 of the best new low-budget projects in the US:
Trump lawyer routed millions of dollars to his family through nonprofits: report
Five Primary Beneficiaries Of Rising U.S. Oil Exports
Lacy Hunt: The Fed Has Undermined The Economy’s Ability To Grow $
4/6: Municipal #default volume driven by local governments and #utilities #muniland
President Jacob Zuma Congratulates BET Award Winner Yvonne Chaka Chaka: #SouthAfrica
Graphic - Trump, Draghi, Fed doubts: is the US dollar rally done? via @Reuters
JUST IN: Trump accepts Macrons invitation to visit France next month
Women fire fighters during a training exercise at the Pearl Harbor Naval Shipyard, during World War II, circa 1941.
The Supreme Court just made it harder to survive death row
Is Korroding trying to steal Carnage’s wedding ring?!
Narrower U.S. trade gap may boost growth pace in second quarter
See the latest addition to Chinas rapidly expanding navy:
Groom A Successor, Minister Tells Mugabe #Zimbabwe
Yes, Bitcoin is a bubble and it’s about to burst by @jessefelder
German judge Kabisch removed from Auschwitz trial for bias
Iron ore jumps back above $60
Winning: New poll shows only 12% of Americans support the Senate version of #TrumpCare.
Notes abt commodities $JJG $DBA $DBC $GSG u know...
2 Out of 6 Aspirants Qualify to Run For Rwandas Presidency #Rwanda
Rand Paul: These weak-kneed Republicans need to get over themselves
Latest API Report Causes Drop in Prices
The living wage debate cant ignore healthcare
Google should try a little harder for online shoppers
Plans to address fund manager failings unveiled by City watchdog
Cathcart signs new deal with Watford to stay until 2021
Were in! Nearly 200 U.S. mayors have already joined the 2017 #MayorsChallenge. Will you?
Energy deals drive Canadian MA to the strongest start in a decade
Reporter who went off on White House during press briefing: It was a long time coming
Idaho restaurant owner apologizes for tasteless ‘blackface’ ad campaign
New Post: #Crude Oil Sinks 20%: Why Oversupply Isnt the Half of It #EconMatters
Democrats had good turnout in the special election Georgia. But that wasnt enough.
Many units of measurements are named after scientists. Here are their stories:
Can Melbourne lower its temperature by 4 degrees?
#DonaldTrump to visit #Paris for #BastilleDay at Macron’s invitation
U.K. cabinet cracks are appearing as Theresa May seeks to negotiate a Brexit deal
This is what it sounds like when doves screech via @robbrand @markets
Trump is to stocks as pensions are to bonds
Kushner is adding a seasoned scandal lawyer to his team
The beauty products Meghan Markle is rumoured to love
Djokovic bumped up to two in Wimbledon seedings
Commentary: The biggest victims of the Senate healthcare bill (and other Trump plans)
Germany Durable Goods Price Index for June: 115.6, previous: 115.6 (change: 0%) #WPI
Montreals reputation as affordable housing haven strained by rising prices in some areas
We’re Working More—and Sleeping Less by @andrewvandam
Google wont take the Brussels onslaught lying down via @gadfly
Stocks have become so expensive that central bankers are weighing in again
The Bank of England hawks are not for turning via @BW
Take a peek inside Ben Westerman from HM Capital Managements portfolio #ETFs
#AAPL Daily Please RT + Register for next weeks Free Webinar: …
A failed $6 billion deal shows how index funds can ruin your takeover
University of Cape Town Denies Evictions for Non-Payment of Fees: #SouthAfrica
NAFTA: Price inflation eases in June but remains firm. #SMI
Latest API report causes drop in oil prices
Morocco Offers Lessons for Regional Integration: #Africa
Six-month-old baby was found dead in mothers arms following #GrenfellTower fire
Nuclear waste-carrying ship sets sail for first time on German river
Model Miranda Kerr turns over $8 million worth of jewelry to the Justice Department
Hamburg discharges Berlin police after drunken party
FBI Interviews Employees of Russia-Linked Cyber Security Firm Kasperky Lab via @SteveKopack
Pound jumps as Carneys hawkish tone sends gilts tumbling via @johnainger
Interesting, Breitbart has nothing about the EU-Google decision on its front page. Drudge does.
.@NATOmission_ru: NATO troops are now in places of Eastern Europe where they never have been and never should be
U.S. DISTILLATE STOCKS fell -0.2 million bbl to 152 million bbl in week to Jun 23
New museum opens for finance fans
Rockwave | Athens | June 30 - July 2
A perfect day on Oahus north shore #hawaii #travel
Kazantzakis in England | Iraklio | July 12-16
A new tool from @MIT_Picower and @Stanford researchers offers snapshots of neuron activity.
The first evidence that painful memories can be safely erased.
Parthenon Film Festival | Halkidiki | July 14-16
Petra Diamonds shares tumble as setbacks test debt covenants
BP pushes Artificial Intelligence Beyond Limits
Evicted Student Doctor Takes University to Court: #Zimbabwe
Cabin Crew to Lay Corruption Charges Against SAA Execs, Board: #SouthAfrica
CNN war with Trump gets personal:
Hamas creates no-go security zone on border with Egypt
UAE unaffected by new wave of global cyberattacks - TRA
Mexican singer Lila Downs rejects Trump’s anti-Cuba policies
Britains big new warship runs Windows XP
#BREAKING: Trump accepts Macrons invitation to visit France
Conservatives’ excuses for kicking millions off of health care don’t make any sense.
Last nights moon with earthshine near bright star Regulus via Eliot Herman in Tucson
A tale of two networks: How Fox News and CNN handled recent retractions
In Western European countries, confidence in the U.S. president has declined sharply.
ECB worried by US plan for looser bank rules
US EAST COAST GASOLINE STOCKS rose +0.6 million bbl to 68 million bbl in week to Jun 23
U.S. EAST COAST GASOLINE STOCKS continue to tighten versus 2016 and 10-yr average as regional glut slowly clears
Enjoy Arbys.
Florida wildfire cuts interstate highway
Cobie Smulders meets Friends from College
Magic Spot: Camp Cecil on Mexicos Isla Santo Espiritu
Le discours du gouvernement sur les migrants inquiète les ONG via @EurActiv_FR
Cash-rich Sweden squirrels away ahead of demographic time bomb
The moment @joshuawongcf was forced into a police van #HKSAR20
#Venezuela: Helicopter Strafes Court in while #NicolasMaduro Speaks in ‘Terrorist Attack’
Colombias Marxist guerrilla group the FARC, officially disarm, ending 52 years of fighting.
Prince William and David Cameron implicated in Fifa #WorldCup corruption scandal
France says Trump accepts invitation to attend July 14 Paris celebrations via @Reuters
Madrid metro drivers call strike during WorldPride
Paul Singer Says Joke Is On Developed World Economies Who Steal Growth From the Future $
ICYMI: North Koreas chemical weapon deterrent #sarin #VX
More Than 250 US Mayors Commit To 100% Renewable Energy Amidst Adoption Of New…
NSA spying scandal committee presents controversial final report
GOP senator says Trump doesnt understand basic elements of healthcare bill: report
Newest burger at Sonic blends beef w/ mushrooms so you eat less meat | @FastCompany #climate
Euro Hits High Against The US Dollar, UK Pound And 10 Year Sov Yield Rise as BofE and ECB…
congratulations to the person who found the most threatening way to phrase this appeal
The Supreme Court just made being on death row even worse
Research Affiliates On Equity Returns By Political Party – An International Look $
Minister acted unlawfully in not stopping Lough Neagh sand dredging says court of appeal
Let science be a springboard for politics. Do you agree?
Haley and Mattis credit White House statement with stopping Syria chemical attack
Approach All Claims Of Market-Beating Formula With Extreme Skepticism
Paddington Bear creator Michael Bond dies aged 91
GTM Predicts 27% Drop In Solar Prices By 2022
EURUSD is up even though the ECB is pumping speculators breaks. Cable is up because of Carney. Real winner: $EURGBP
Warren Buffett: GOP healthcare bill should be called Relief for the Rich Act
Italy threatens EU with closure of ports to rescue boats
U.K. Cabinets Mixed Message on Brexit Bridging Deal @simonjkennedy @tomkeene @guyjohnsontv
COSAFA Cup - Sable Antelopes, Taifa Stars in Goalless Draw: #Angola #Tanzania
FREE: Markets want #US #shale producers to slow down - for the sake of prices #OOTT
#IPCapitalPartners 1Q17 – Pricing Power
:LOL - Dual mandate. Theres only one mandate.
David v Goliath battle between one woman and a corporate giant. Coming soon. Watch this space!
U.S. GASOLINE STOCKS fell -0.9 million bbl to 241 million bbl in the week to Jun 23
Even the Magic 8-ball prefers Gmail.
Pound climbs towards $1.30 as BoE gov Mark Carney hints at interest-rate hike
I was told there would be no Peterson Institute today.
Namibia Ruling Party Politician Hikopua in Car Crash: #Namibia
Dont Regulate Drones Like Theyre Missiles | @mchorowitz @BulletinAtomic
This AI can predict how rich your neighborhood is from space
Wave Power Could Contribute 10% Of Global Electricity Demand By 2050
Malawi to Impose Curfew On Night Buses, Trucks - Report: #Malawi
Carney says #BOE may need to remove stimulus as slack erodes via @UKeconews
Police Arrest Student Leaders After Fees Demonstration: #Zimbabwe
Six charged over #Hillsborough stadium disaster
China frees activists arrested after investigating labor conditions at Ivanka shoe factory
Dont Abandon Patriotism, Kaunda Reminds Africa: #Africa
Equities Turn So Hot Even Central Bankers Are Taking Notice via @SofiaHC1 @markets
The Feds Bullard crashes the panel!
#Gold edges higher as dollar faces further weakness @MarketWatch
Blockchain Startup ChromaWay to Launch Hybrid Database Product
Is it really possible to make an ethical smartphone?
In 2012, the global satellite industry generated 189.5 billion dollars.
India Petrol Price Index for June: 100.6, previous: 103.4 (change: -2.8%) #WPI
Protest against nationwide mob lynchings at Delhi’s Jantar Mantar, as part of #NotInMyName campaign
Gasoline demand
U.S. REFINERY THROUGHPUT fell -262,000 b/d to 16.9 million b/d in the week to Jun 23
Entitlement reform is finally here—and its ugly
The ocean is a powerful, but fragile force. Now its changing in unpredictable ways
Fecal bacteria found in Costa, Starbucks and Caffe Nero
Designing dignity in housing for Chicagos most vulnerable (via @nextcity) #500Khomeless
Medicaid funding cuts will have painful consequences for seniors
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#FairTax17 .@LehtoKatja @etuc_ces about to take the floor on Stakeholders role in shaping taxation policies
Britain is shifting TO THE LEFT as the public rejects austerity, study finds. #ToriesOut
US NET CRUDE IMPORTS remained very steady at 7.5 million b/d in the week to Jun 23 (little changed from prior weeks)


Tyler Durden
Trader Admits Sad Truth - "There's Little Upside To Believing Anything Nowadays"
1 month ago




Day after day, we are witnessing new and inexpicable shifts in the so-called stock 'market' and machines and men battle it out (the latter losing to the former) in the war of information overload and trend analysis. As Richard Breslow, a former FX trader and fund manager who writes for Bloomberg, wrote so pointedly, one of the, many, evil consequences of the current trading environment is that people aren’t really paying attention to what's going on.

What looks like hyper-sensitivity to every headline and news tidbit, is merely a manifestation of the sad truth that investors have realized there’s very little upside to believing in anything. Market narratives aren’t carefully crafted as new information deepens their texture. They change as if investors are wantonly playing with the remote control on the television set.

And, of course, it only makes matters worse if risk appetite changes dramatically every Friday afternoon. No one has the fortitude to risk weekend misadventures from the various powers that be.

As a result of the poor track-record of central bank forecasting every forward-looking speech now comes with the obligatory data-dependent disclaimer. Monetary-policy rate setters feel the need to make sure we really know we live in an uncertain world. And then proceed to present seemingly precise quarter-by-quarter forecasts. Staying within their educational comfort zone with complete deniability.

We all know how people are conditioned to ignore boiler-plate. And this may have been all right when forward guidance was meant to buck us up and then ease quantitatively some more. But the ground is shifting. And this approach is becoming dangerous.

It’s contributing to the death of asset-price volatility. The very phenomenon that so many correctly warn about. It’s bad communication. They just seem to have a perpetual inability to make academic and practical applications sync.

Last week, the ECB’s Peter Praet extolled the benefits from “very low interest rates”. He went on to remind that “our monetary-policy decisions are only guided by our price-stability mandate.” Which, even if true, they haven’t met. But then went on to warn everyone to prepare for policy normalization. Just how are they supposed to do that? It’s contra-indicated for traders to keep putting themselves in a position to have their eyes ripped out.

Stay calm, we will be gentle, gradual and won’t upset the apple cart isn’t exactly a cri de guerre for bond vigilantes. And it’s not going to galvanize governments to all of a sudden embrace responsible behavior.

If central bankers hope that investors will start to exhibit sensible behavior, consistent with their fiduciary duties, they need to start speaking their minds. And if that causes markets to back up, so be it. No one believes they aren’t in complete thrall to financial conditions. They are going to have to prove it isn’t the case. So far there’s no indication they have the stomach for it.

This “you can’t handle the truth” condescension no longer serves any good purpose. It’s indicative of the belief that the worst thing that can happen is “I’m wrong”. No matter what else bad may have to happen to protect their egos. Why should investors do what their central bankers are afraid to?