JAN 1 17 SIT EC
y POL
ZERO HEDGE
ECONOMICS
In recent weeks there has been a burst of hope
that 2017 will be better for hedge funds as a result of the recent collapse in cross-asset
correlation; it is hoped that the resulting returns dispersion would make it
easier for hedge funds to stand out in a world in which correlation had been at
near record highs. But is that an accurate description of events? To a
great extent, the answer is no.
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Spot the odd one out...
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The
prevailing premise, once again, throughout “The Valley” is that “next year”
should be the return of those unicorn dreams. After all, how could 2016 be any worse than 2015 was the premise at
the beginning of year. The issue? Here in reality, it was "a whole lot
worse!" For 2016 now makes not only 2008 look good. It makes 2009 look
terrific in comparison.
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POLITICS
"When you see that trading is done, not
by consent, but by compulsion... when you see that men get richer by graft and
by pull than by work, and your laws don’t protect you against them, but protect
them against you... you may know that
your society is doomed."
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For the first time in decades, there are no
U.S. Navy aircraft deployed at sea anywhere else in the world, despite a host
of worldwide threats facing the United States.
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If you thought 2016 was full of market
maelstroms and geopolitical gotchas, 2017's 'known unknowns' suggest a year of more mayhem awaits...
…
THE whole world
revised quickly & month by month in 2016: OPEN:
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A look inside the El Monte, California public
pension where a former City Manager,
Harold O. Johanson, approved a 50% increase in his retirement package then
retired 3 years later drawing $250,000 per year from taxpayers.
One city resident summed it up nicely: "They
are just slopping at the public trough. They’re taking advantage of the
system."
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In 2016, Republicans control both legislative
chambers in 32 states. That’s up from 16 in 2000. What happened to the big donkey? Among other things, the Democrats
decided to sell their base and their
soul to a very bad billionaire and they got a very bad deal for both.
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The real question that we should all be asking
is why the DHS and FBI would destroy
their reputation by posting such a fake report?
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WORLD ISSUES and ME
THE PRESURE on universal currency for trade & banking
& continue
2017 is
off to a good start if you are holding Bitcoin as volumes continue to surge through Chinese
Bitcoin exchanges amid fears of increased crackdowns on foreign exchange
transfers in the new year. In the last 24 hours, BTC China has seen
prices spike above 7,100 yuan (well
over $1000 at the onshore rate exchange).
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The desperate search to extend Washington's
unipolar moment has paradoxically
accelerated the rise of a multipolar world...
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GLOBAL RESEARCH
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Trump’s
Election: An Opportunity to Reevaluate US-Japan Relations. The Benefits for
Japan of a U.S. Military Withdrawal By Taoka Shunji
and Steve Rabson,
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INFORMATION CLEARING HOUSE
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Rethinking The Cost of War By Mike Hixenbaug and Charles Ornstein
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2016: The Terrible, Horrible, No Good, Very
Bad Year By John W.
Whitehead
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Plutocracy: Political Repression In The
U.S.A. VIDEO DOCUMENTARY
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SPUTNIK and RT SHOWS
US Congress May Sharply Response in Case Trump Reverses
Anti-Russian Sanctions
https://sputniknews.com/us/201701021049190752-usa-congress-sharp-russia-sanctions-response/
https://sputniknews.com/us/201701021049190752-usa-congress-sharp-russia-sanctions-response/
Related 1
Trump Spokesman Questions if New US Anti-Russia Sanctions Are
Proportionate
https://sputniknews.com/politics/201701011049185798-trump-sanctions-russia/
https://sputniknews.com/politics/201701011049185798-trump-sanctions-russia/
Related 2
If Trump Tries to Lift Obama's Sanctions, He 'Will Be Branded
as Putin's Agent'
https://sputniknews.com/politics/201612311049163409-trump-us-sanctions-putin/
https://sputniknews.com/politics/201612311049163409-trump-us-sanctions-putin/
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Threat of Syrian Government Being Toppled by Force Was
'Neutralized' in 2016
https://sputniknews.com/middleeast/201701011049185518-syria-ceasefire-talks/
https://sputniknews.com/middleeast/201701011049185518-syria-ceasefire-talks/
Related
Two Parallel Talks on Syria Settlement Might Be Held in
Astana
https://sputniknews.com/politics/201612291049112037-syria-talks-iran-russia/
https://sputniknews.com/politics/201612291049112037-syria-talks-iran-russia/
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WASHINGTON BLOG
Posted on January 1, 2017 by Carl Herman
“Truth (satya) implies
love, and firmness (agraha) engenders and
therefore serves as a synonym for force. I thus began to call the Indian
movement Satyagraha, that is to say, the Force which is born of Truth and Love
or non-violence, and gave up the use of the phrase “passive resistance”, in
connection with it, so much so that even in English writing we often avoided it
and used instead the word “satyagraha” itself or some other equivalent English
phrase… I have also called it love-force or soul-force. In the application of
satyagraha, I discovered in the earliest stages that pursuit of truth did not
admit of violence being inflicted on one’s opponent but that he must be weaned
from error by patience and compassion.” ~ Gandhi
“Like most people, I had heard of Gandhi, but I
had never studied him seriously. As I read I became deeply fascinated by his
campaigns of nonviolent resistance. I was particularly moved by his Salt March to the Sea and his
numerous fasts. The whole concept of Satyagraha (Satya is
truth which equals love, and agraha is force; Satyagraha,
therefore, means truth force or love force) was profoundly significant to me.
As I delved deeper into the philosophy of Gandhi, my skepticism concerning the
power of love gradually diminished, and I came to see for the first time its
potency in the area of social reform. … It was in this Gandhian emphasis on
love and nonviolence that I discovered the method for social reform that I had
been seeking.” ~ Martin King
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Posted on January 1, 2017 by JimQ
“The idea that the future is unpredictable is undermined every day
by the ease with which the past is explained.” – Daniel
Kahneman, Thinking, Fast and Slow
A couple weeks ago I
was lucky enough to see a live one hour interview with Michael
Lewis at the Annenberg Center about his new book The Undoing Project.
Everyone attending the lecture received a complimentary copy of the book. Being
a huge fan of Lewis after reading Liar’s Poker, Boomerang, The Big Short, Flash Boys, and Moneyball, I was interested to hear
about his new project. This was a completely new direction from his financial
crisis books. I wasn’t sure whether it would keep my interest, but the story of
Daniel Kahneman and Amos Tversky and their research into the psychology of
judgement and decision making, creating a cognitive basis for common human
errors that arise from heuristics and biases, was an eye opener.
In psychology, heuristics are simple, efficient rules
which people often use to form judgments and make decisions. They are mental
shortcuts that usually involve focusing on one aspect of a complex problem and
ignoring others. These rules work well under most circumstances, but they can
lead to systematic deviations from logic, probability or rational choice
theory. The resulting errors are called “cognitive biases” and many different
types have been documented.
⇒ Keep Reading
⇒ Keep Reading
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NOTICIAS IN SPANISH
VIENTO SUR
149. Miradas de Clase: reflexión sobre clases
sociales y clase obrera
El desorden global Trump toma el gobierno, la oposición toma la
calle
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- See more at:
http://www.vientosur.info/spip.php?article12075#sthash.B0tHkncO.dpuf
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Keiser
report 1013 ¿Quiénes serán los principales
perdedores de 2017?
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PRESS TV
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‘Trump’s
election was a coup by Netanyahu
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