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Pepe Escobar – Brave (miserable) new normal world

Shares in the Shanghai/Shenzhen soared a whopping 150 percent in the 12 months up to mid-June. Small investors – almost 80 percent of the market – believed in a never-ending party, and often borrowed heavily to be part of the “get rich is glorious” bonanza. There had to be a correction. Those shares – which had hit a 7-year peak …

china eco

Andre Damon – Chinese stock market suffers biggest one-day sell-off since 2007

China’s stock market suffered its biggest one-day sell-off since 2007 on Monday, with share values plunging by more than 8.5 percent. Panic selling triggered the automatic suspension of trading for over 1,000 companies, leading Chinese financial authorities to announce a new round of share purchases in an attempt to stop the rout. However, Chinese stock indexes continued to fall in …

Robot surgeons kill 144 patients, hurt 1,391, malfunction 8,061 times – Iain Thomson

Surgery on humans using robots has been touted by some as a safer way to get your innards repaired – and now the figures are in for you to judge. A team of university eggheads have counted up the number of medical cockups in America reported to the US Food and Drug Administration (FDA) from 2000 to 2013, and found …

Biotech stock bubble set for massive implosion: Stocks rose 88% AFTER Fed chair admitted they were overvalued by J. D. Heyes

If you’re trying to understand today’s stock market and are having some degree of difficulty, you’re not alone. The markets are confusing enough sometimes for experts, so they can be particularly baffling for laypersons. Still, a few economic basics ought to be pretty simple to understand, right? Wrong – apparently. About a year ago, as documented by the Zero Hedge website, Federal Reserve …

How Much Money Did the Fed Dump into the Stock Market? By Joshua Krause

Ever since the housing crash of 2008 and the stock market crash that followed, there has been an undeniable trend in our economy. As soon as the Fed began its quantitative easing program, the stock market started to recover. The more cash they dumped into the economy, the higher NASDAQ would soar. To the central planners in Washington, this was a recovery, …

Dana Mattioli

The Wolf of Wall Tweet – Seth Stevenson

On the afternoon of Friday, March 27, as several news outlets reported at the time, somebody apparently made $2.4 million from a tweet. That tweet was a bit of breaking news from Wall Street Journal writer Dana Mattioli: Quicker than any human seemingly could have done it, someone—or rather something—bought $110,530 worth of cheap options on Altera, a company that makes digital circuits.* Over the next several …