With Beirut Reeling After Blast, US Prepares ‘Maximum Pressure’ Sanctions On Lebanon

August 12, 2020@5:45 PM TFP Editor 0

With Beirut Reeling After Blast, US Prepares ‘Maximum Pressure’ Sanctions On Lebanon Tyler Durden Wed, 08/12/2020 – 18:45 Just a week after the August 4 Beirut port explosion the Trump administration is about to ramp up a “maximum economic pressure” campaign on Lebanon targeting Hezbollah and its allies.  With the country reeling in the wake of the deadly blast – its worst disaster going back to the destruction and death of the 2006 war – Washington is attempting to “drive a wedge between Hezbollah and [Read More]

Peak Idiocy: Wisconsin Government Agency Mandates Facemask Use For Virtual Zoom Meetings

August 12, 2020@4:25 PM TFP Editor 0

Peak Idiocy: Wisconsin Government Agency Mandates Facemask Use For Virtual Zoom Meetings Tyler Durden Wed, 08/12/2020 – 17:25 Despite the deluge of data that continues to come in indicating that the coronavirus may not be the death sentence that the mainstream media has made it out to be, the sharp overreaction from those who can’t help but be scared half to death from the virus continues unabated. The latest example comes to us from the Wisconsin’s Department of Natural Resources, who told its employees that effective [Read More]

Dear ‘Younger Generations’, “Don’t Live Your Life In A Bubble”

August 12, 2020@3:25 PM TFP Editor 0

Dear ‘Younger Generations’, “Don’t Live Your Life In A Bubble” Tyler Durden Wed, 08/12/2020 – 16:25 Authored by Roger Koops via The American Institute for Economic Research, Dear Younger Generations; I am writing to the younger generation. When you become an old-timer like me, anyone younger is of the younger generation. My focus is on the slightly more than half of the population of the U.S. who are younger than the age of 40, but this message is for those older as well. I write [Read More]

S&P Surges Above Record Closing High

August 12, 2020@2:15 PM TFP Editor 0

S&P Surges Above Record Closing High Tyler Durden Wed, 08/12/2020 – 15:15 The S&P 500 has pushed above its previous record closing high (3386.15 on 2/19/20) this afternoon (6th time was the charm)… …because fun-durr-mentals… Just Kidding – here’s why! Hold your nose and buy the record high? Or is the bounce over? Read on ZeroHedge

Goldman Vies For GM’s Branded-Card Deal As Once-Mighty Investment Reduced To Chasing Retail Business

August 12, 2020@1:20 PM TFP Editor 0

Goldman Vies For GM’s Branded-Card Deal As Once-Mighty Investment Reduced To Chasing Retail Business Tyler Durden Wed, 08/12/2020 – 14:20 Oh how the mighty have fallen. Since securing a banking license and launching “Marcus”, its consumer-banking division, Goldman Sachs has been changing rapidly. The legions of analysts and sales and trading staff are greatly reduced; instead, the bank is hiring coders and pouring resources into building on “Marcus”, with the hope of eventually offering a suite of “premium” consumer-banking products, including the Apple-branded credit card, [Read More]