Morgan Stanley restricts redemptions as withdrawals surge

What's So Great About Diversity? Authored by DSr. James Allan via DailySceptic.org, ‘Diversity is our strength.’ One hears this, or myriad variants of the same idea, unrelentingly. Certainly I work in an Australian university where the extent of higher-ups pushing this notion does indeed qualify as unrelenting, even matching totalitarian state levels of propaganda. But even outside the hallowed halls of impartial, politically balanced academia (did I write that with a straight face?) the mantra or cliché that diversity somehow delivers a stronger balance sheet or a more cohesive society or...

Vertically Integrated Nations, Production For Security, And Rate Cuts Submitted by Peter Tchir of Academy Securities Let’s start with the important stuff: Hope you are having a great 4th of July 250th Anniversary Weekend. Yields gained back some ground after the relatively weak jobs report (headline plus revisions was negative, the private sector underwhelmed, and unemployment only dropped because the labor force participation rate dropped by a relatively large 0.3%). I will continue to pound the table (or rant and rave as the case may be) that this Fed Will Cut Rates...

Russian Fuel Tanker Aborts Cuba Delivery After Drifting In Caribbean For A Month A Russian tanker carrying 270,000 barrels of diesel fuel and which is under US and EU sanctions spent weeks trying to reach crisis-hit Cuba, which is also under US sanctions as well amid what's essentially become a full energy blockade, but has failed the reach the island nation and turned southward toward Brazil. The exiled Russian outlet, The Insider, has detailed the following based on maritime tracking data: The Russian-flagged tanker Universal (IMO: 9384306), which had been drifting for...