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The author Tyler Durden
Tyler Durden
Tyler Durden (a pseudonym) represents the idea that a return to truly efficient markets is a possibility and a necessity. After having experienced the inner workings of capitalism at various asset managers and advisors, Tyler believes that the current model is flawed and a deleveraging at every level of modern society is needed to reinspire the fundamental entrepreneurial spirit. Visit his blog: ZeroHedge (http://www.zerohedge.com/)

Zerohedge

Allstate Lawyers Fear For Safety After Opposing Counsel Threatens To Unleash “Long D*ck Of The Law”

Allstate Lawyers Fear For Safety After Opposing Counsel Threatens To Unleash "Long D*ck Of The Law" A dispute between lawyers turned ugly when attorney Christopher Hook of Culver City, California sent a series of vulgar, threatening emails to attorneys for Allstate, after the insurance company rebuffed his attempt to collect over $300 million on a $200,000 water damage dispute. Allstate, represented by firm Shepherd Mullin partner Peter Klee, filed an ex parte application for...

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China’s Foreign Ministry Is Starting To “Speak Like Trump”

China’s Foreign Ministry Is Starting To "Speak Like Trump" Submitted by Rabobank's Michael Every Impeaches en Regalia True story: when I was a young man and living abroad for extended periods, I would sometimes get pretty homesick. In order to cheer myself up I used to go to record shops and flick through Frank Zappa’s collected works; his album and track titles (Weasels Ripped My Flesh; Hot Rats; Sleep Dirt; Imaginary Diseases) always cheered me up. In what was for me a...

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Goldman Shares Jump After DOJ Said To Weigh Lowball 1MDB Settlement

Goldman Shares Jump After DOJ Said To Weigh Lowball 1MDB Settlement So much for finally holding Goldman Sachs accountable. Anyone who feared Goldman might suffer a massive fine or, worse, criminal penalties (possibly involving current and former senior executives such as Hillary Clinton's very close friend, Lloyd Blankfein) can breathe a sigh of relief. Goldman shares jumped 2.5% Friday morning after Bloomberg reported that the DoJ is seeking a settlement of between $1.5...

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Meanwhile In Canada: “Terrible” Jobs Report, Worst Since The Financial Crisis

Meanwhile In Canada: "Terrible" Jobs Report, Worst Since The Financial Crisis As the US was basking in the warm glow of the best jobs report since January, it was a different story over in Canada, where BMO's chief economist Robert Kavcic had one recommendation to clients: "avert your eyes." Here's why: Canadian employment unexpectedly tumbled by 71,200 in November, the biggest decline since the financial crisis. For those hoping that the details might serve up better news,...

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Buchanan: Democrats’ Diversity – But, Only In The Back Of The Bus

Buchanan: Democrats' Diversity - But, Only In The Back Of The Bus Authored by Pat Buchanan via Buchanan.org, The “Our diversity is our strength!” Party is starting to look rather monochromatic in its upper echelons these days. The four leading candidates for its presidential nomination — Joe Biden, Elizabeth Warren, Bernie Sanders and Pete Buttigieg — are all white. The six candidates who have qualified for the Dec. 19 debate — the front four, plus Amy Klobuchar and Tom...

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Here Is The Main Reason For Today’s Blockbuster Jobs Report

Here Is The Main Reason For Today's Blockbuster Jobs Report Following a disastrous ADP print two days ago, which showed that the US economy added just the second fewest number of private payrolls since March 2010, and a sellside "whisper" number that was about half the consensus expectation of 183K, moments ago the BLS stunned markets and delighted the administration with a blockbuster jobs report, according to which the US economy added 266K jobs, the biggest monthly increase...

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UMich Consumer Confidence Surges In Early December Read

UMich Consumer Confidence Surges In Early December Read Having extended its bounce in November, UMich confidence survey was expected to rise modestly more in preliminary December data, but instead it soared (printing 99.2 vs 96.8 prior and well above the 97.0 expectation). The components both rose for the 4th month in a row... Current economic conditions index rose to 115.2 vs. 111.6 last month. Expectations index rose to 88.9 vs. 87.3 last month. Source: Bloomberg...

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4 Dead After Two Robbers Hijack UPS Van, Ending In Epic Gun Battle On Florida Highway 

4 Dead After Two Robbers Hijack UPS Van, Ending In Epic Gun Battle On Florida Highway  Four people have been confirmed dead after a UPS truck was hijacked by two suspects following a robbery attempt of a jewelry store on South Florida's Miracle Mile Thursday, reported CBS Miami. The suspects led police on a two-county rush-hour chase through Miami and ended in a hail of gunfire on Miramar Parkway and Flamingo Road in Miramar. The incident began around 4 pm Thursday in...

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Turley: Democrats Offering Passion Over Proof In Trump Impeachment

Turley: Democrats Offering Passion Over Proof In Trump Impeachment Authored by Jonathan Turley, op-ed via The Hill, The most dangerous place for an academic is often between the House and the impeachment of an American president. I knew that going into the first hearing of the House Judiciary Committee on the impeachment of Donald Trump. After all, Alexander Hamilton that impeachment would often occur in an environment of “agitated passions.” Yet I remained a tad naive in hoping...

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‘Senile Dotard’: Trump & ‘Rocket Man’ Kim Are Back To Name-Calling As Deadline Looms

'Senile Dotard': Trump & 'Rocket Man' Kim Are Back To Name-Calling As Deadline Looms Less than a month to go before North Korea's self-imposed end of year deadline to cut off nuclear negotiations with Washington if no progress is made and Trump and Kim are back at the stage of name-calling, apparently.  North Korean officials have responded to President Trump's telling reporters in London during the NATO summit of Kim Jong Un — "He really likes sending rockets up, doesn't he?...

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