In Opinions
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New Haven Independent
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Tuesday's HOT MIC
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"Spectacular Miss" By Key Apple Supplier Paints Ominous Picture For iPhone Demand
Another day, another flashing red warning that sales of the iPhone X are far worse than Tim Cook had ever expected; this time courtesy of Austrian chipmaker AMS AG - which makes the optical sensors that control brightness and color - which just days after a similar warning from semiconductor giant Taiwan Semi, became the latest Apple-supplier to cast doubt over the iPhone's chilled reception.
AMS shares plunged as much as 14%, the most this year, after warning on negative operating margins...
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British Politicians Declare War on Knives: New at Reason
It turns out that when you pass laws disarming people in an attempt to prevent violence, criminals who habitually disregard all laws don't make exceptions for the new rules. In London, crime still thrives despite the U.K.'s tight gun controls and the British political class is now desperately turning its attention to restricting knives.
British politicians propose banning home delivery of knives and police promote street-corner bins for the surrender of knives while also conducting stings...
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Freedom for the Press as An Industry, or for The Press as a Technology? From the Framing to Today
The comments on my recent Do Ordinary Speakers Have Lesser First Amendment Rights Than Newspapers Do? post reminded me that many people think that in the Framing era "the freedom of the press" referred to the freedom of newspapers and similar professional media institutions. But the historical record, I think, clearly opposes this view; indeed, from the late 1700s through the 1800s and into the 1900s the overwhelming view was that the media don't have any more constitutional rights than the rest...
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Why Trump and Macron get along so well
As President Emmanuel Macron of France continues his state visit to Washington, it's worth considering why he has forged such a constructive working relationship with President Trump. After all, on paper the two leaders are polar opposites.
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Gartman Puts On "Small Short Position", Futures Spike
One can seek the reasons for today's bullish, risk-on move in global stocks in the halt to the bond selloff, in strong earnings by SAP, Verizon and CAT, on a goldilocks increase in the price of oil (over $69, the highest since 2014), and so on, or alternatively one can assume that algos somehow got an advance look at what Dennis Gartman was going to say this morning in his latest letter to clients and trading accordingly.
In the very short term we can be and have been ever-so-slightly positive...
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Tehran Threatens To Leave Nuclear Nonproliferation Treaty If Trump Kills Iran Deal
While the UN, EU, International Atomic Energy Agency and a host of implored President Trump late Monday to preserve the landmark Iran nuclear deal - even if the US couldn't achieve concessions on Iran's ballistic missiles program that it has been aggressively pushing - Iranian officials have been cranking their rhetoric up to "11", with Ali Shamkhani, the Secretary of Iran's Supreme National Security Council, acknowledging during a news broadcast on state television that the Iranian leadership...
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How to Partner Successfully With a Younger Boss
Age sometimes seems a lot more than just a number.
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Abbreviated pundit roundup: Trump's history of lying, Conway's defensiveness and more
We begin today’s roundup with Ben Schreckinger at Politico who outlines how Donald Trump’s Russia defense is falling apart:
[F]light records obtained by POLITICO, as well as congressional testimony from Trump's bodyguard and contemporaneous photographs and social media posts, tell a different story—one that might bring new legal jeopardy for the president, legal experts say. [...] A conscious effort by Trump to mislead the FBI director could lend weight to the allegation—contained in a largely...
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Global Stocks Jump As Treasuries Rebound; China Surges On PBOC Easing Rumors
If the big story yesterday was the surge in 10Y TSY yields to just shy of 3.00% (2.996% to be precise), then it is only reasonable that the failure of the 10Y yield to rise above 3.00% overnight is today's "big story", and indeed as shown in the chart below, US benchmark treasuries edged higher, leading most European government bonds, as traders hit pause on the rates selloff amid extremely oversold conditions.
Recall that just as investors are curious what happens once yields breach 3.00%,...
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Bryan Stevenson wants us to confront our country’s racial terrorism and then say, ‘Never again.’
"We are all haunted by this history."