Contrarian Reads

Just as they did in the lead-up to the Iraq invasion, MSNBC and CNN now serve up a steady parade of war-hawks, spies and liars, presenting them as credible and almost heroic as long as they criticize the despicable man in the White House…….   https://www.commondreams.org/views/2018/03/26/same-old-media-parade-why-are-liberals-cheering

The headlines are all about yesterday’s “extraordinary” bear-rally in stocks – upside buoyed by expectations the US/China trade discussions will de-escalate trade war tensions. I’m unconvinced by the narrative: the volume was tiny and a look at the charts suggests global stocks have still got problems ahead.   https://www.zerohedge.com/news/2018-03-27/blain-there-something-fishy-about-extraordinary-rally-tiny-volume  

Today’s fun and games started with comments from Wilbur Ross on “emergency” curbs on Chinese investment but then a series of headlines on megatech – NVDA self-driving car suspension, TSLA NTSB probe, FB hearings and more headlines, and GOOGL and TWTR being dragged into the furore. All in all – a bloodbath! https://www.zerohedge.com/news/2018-03-27/momo-massacred-tech-wrecked-bond-yields-battered