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  • DoubleLine: Digital Currencies Will End The Dollar's Status As The World's Reserve Currency
     From Zero HedgeWe most recently described the Fed's stealthy plan to deposit digital dollars to "each American" during the next crisis as an unprecedented monetary overhaul, but more importantly, a truly stealthy one: there has barely been any media coverage of what may soon be a money transfer by the Fed - a direct stimulus to […]
  • QLess Courts Retailers With Line Management Software
    From QLess, which develops software to help manage lines and appointments, is courting retailers as they look to how to best adapt to the COVID-19 era. The company said its software eliminates the need for physical lineups, enabling mobile or home waiting for retailers. The company says it enables virtual check-ins through a dedicated online portal […]
  • Elon Musk's Aggregate Compensation Reaches $11.8 Billion After Hitting "Adjusted EBITDA" Milestones
     From Zero Hedge:Elon Musk, whose company is valued at around $400 billion as a result of what continues to appear to be interesting options activity and continued quarterly profits due to EV credit sales, growing accounts receivable and other interesting accounting anomalies, has now become the world's fourth richest person.It's a fitting development for a capital market system that […]
  • Independent Restaurants Go Dark To Keep The Lights On
     By Alicia Kelso of Restaurant Dive,Never before have the lights gone out at so many independent restaurants in such a short amount of time. But there may be opportunity for some to bring their kitchens back to life — in the dark.There's no question that more restaurants big and small are embracing dark kitchens amid the pandemic. The number […]
  • Yuan Slides After China Unexpectedly Suspends "Counter-Cyclical Factor" In FX Fixing
     From Zero Hedge:China keeps telling the world to stop buying the yuan, and the world keeps refusing to listen.Just over two weeks after Beijing made it easier to short the yuan after the PBOC cut the reserve requirement ratio for FX derivative sales from 20% to 0%, a move which was "an attempt to moderate […]
  • US Home Prices Are Accelerating At Their Fastest Pace In 2 Years
     From Zero Hedge:Amid a resurgent US housing market, it is perhaps no surprise that Case-Shiller reports that August (the latest lagged data) saw a serious surge in home prices across the 20 largest US cities. Against expectations of a 4.2% YoY rise, Case-Shiller reported a 5.18% YoY gain - the fastest pace of acceleration since […]
  • Record Flows Pour Into "Woke" ESG Funds That Invest In Names Like Exxon, Google, Chevron, And Nike
     From Zero Hedge:We have been taking exception with the environmental, social and governance (ESG) con for the better part of the last few months, inconveniently pointing out that the funds that make "woke" investors feel warm and fuzzy on the inside are turning around and pouring their money into the very same corporate giants many investors likely think […]
  • JPMorgan Sees Bitcoin Rising Up To Ten-Fold As Millennials Flood Into The "Alternative" Currency
     JPMorgan Sees Bitcoin Rising Up To Ten-Fold As Millennials Flood Into The "Alternative" Currency | Zero HedgeNearly a year ago we highlighted a schism in generational views toward "fiat alternatives": whereas older Americans would buy physical gold and precious metals, younger generations, including Millennials and Gen-Zers would primarily purchase cryptocurrencies such as bitcoin. To this point, Charles […]
  • Dunkin' In Talks To Be Acquired By Arby's Owner Inspire Brands For $9 Billion
     By Jonathan Maze of Restaurant BusinessDunkin’ Brands on Sunday acknowledged that it has held talks on a potential sale to Arby’s owner Inspire Brands. Karen Raskopf, chief communications officer for the Canton, Mass.-based owner of Dunkin’ and Baskin-Robbins said the company held “preliminary discussions” with Inspire.“Dunkin’ confirms that it has held preliminary discussions to be acquired […]
  • Proctor: Election 2020 Will Be Decided Jan 20 — Could Hillary Replace Biden?