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Jerome Lester H.

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Articles by Jerome Lester H.

Frontrunning: December 30

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By Tyler Durden, Sprott Money, Baby Bladeface, Jerome Lester H.
| Zero Hedge
- DuPont Co plans to cut 1,700 jobs in its home state of Delaware as it pursues $700 million in cost savings ahead of its planned merger with Dow Chemical Co. (http://on.wsj.com/1RQ3HVv) - Palantir Technologies Inc has no interest in going public. Some of its earliest investors, employees and even Palantir co-founders are trying to cash in anyway.
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The Dollar Shortage Has Arrived: Africa Runs Out Of Dollars

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By Tyler Durden, Sprott Money, Sanity Bear, Jerome Lester H.
| Zero Hedge
Two months ago, when looking at the latest basis spreads, we showed that a disturbing development, first flagged here in March, was getting worse: namely the "Global Dollar Shortage Intensifies To Worst Level Since 2012." We had expected this shortage to manifest itself synthetically - and gradually - primarily in the form of pressure on asset prices as market participants who found themselves in a dollar-deficit position were forced to liquidate USD-denominated assets.
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