Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Kobe Beef
What Is Kobe Beef?
Travel Blog » Asia » Japan » Aichi » Nagoya » Blogs » What Is Kobe Beef? Asia » Japan » Aichi » Nagoya Published: July 2nd 2024 Edit Blog Post Kobe beef This is from Japan Travel Planner: Kobe Beef has captivated the palates of luminaries worldwide, with various anecdotes to exemplify its distinguished taste. For instance, former American President Barack Obama famously wished to taste Kobe Beef when he visited Japan in 2009.
"I'm Not Scared To Shoot You" - Shutgun-Wielding Man Protects Houston Neighborhood
Authored by Daisy Luther via The Organic Prepper blog, A man named Nash decided to protect his community from looters after Hurricane Harvey left the Houston area vulnerable. Unfortunately, after a disaster, some people decide it’s the perfect time to steal from others. This scenario is commonly known in survivalist circles as “without rule of law.” It means that criminals aren’t concerned about consequences, 911 isn’t an option, and it is every person for themselves.
Valuation Fallacies (Or Why The Last Big Bubble Justifies This One)
Submitted by Jeffrey Snider via Alhambra Investment Partners, Everyone knows about lies, damned lies, and statistics. The quote has been attached to Mark Twain who apparently attributed to British Prime Minister Benjamin Disraeli. It remains among popular clichés because there is universal truth to it, a sort of caveat emptor lying in the background whenever one consumes an argument.
KeYNeSYiaN HeLiCoPTeR PaTRoL…THe WHaCKY NeW PHD ToY!
How to thrive in chaos as an investor (or a trader)
Why Helicopter Money Won't Push Stocks Higher
Submitted by Charles Hugh-Smith via OfTwoMinds blog, In effect, helicopter money turns the entire economy into a Ghost City. The possibility that Japan might launch helicopter money stimulus sent global stock markets soaring in a paroxysm of pleasurable anticipation. But exactly what is helicopter money and what connection does it have to stock valuations, if any? Broadly speaking, helicopter money is government deficit spending that is directed to households rather than the financial sector.
ISIS Releases Footage Of Russian Helicopter Shot Down Over Syria; Two Pilots Killed
Eight months after a Russian fighter jet was downed over Syria by Turkish forces alleging the Su-24 had crossed into the country's air territory on November 24, Russia suffered another major casualty in its ongoing air campaign against the Islamic State when on Friday ISIS militants shot down a military Mi-25 helicopter near Palmyra in Syria, killing two Russian pilots on board, Interfax news agency said, quoting Russia's defense ministry.
Alan "Bubbles" Greenspan Returns To Gold
Authored by Bonner & Partners' Bill Bonner (annotated by Acting-Man's Pater Tenebrarum), Faking It Under a gold standard, the amount of credit that an economy can support is determined by the economy’s tangible assets, since every credit instrument is ultimately a claim on some tangible asset. […] The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit.
"Demented, Individual" Dallas Shooter Linked To Leftist Revolution Groups, Nation Of Islam?
Having carefully crafted the narrative that the black, former military Dallas shooter was a "demented individual... who just happened to have too easy access to guns," it appears President Obama's fiction-peddling may have run afoul of some 'facts' that show Micah Johnson had ties to and sympathies for the Nation of Islam, the Black Panthers, and the radical African American Defense League.
Gold Slips Despite UK Gold Demand Surging - Investors “Seek Stability”
Gold fell again today despite very robust physical demand in western markets and especially the UK. Gold fell to a ten-day low despite a surge in gold demand in the UK. Expectations that Britain could vote to leave the European Union in Thursday’s referendum have receded somewhat but remain and this is leading to very significant UK gold demand.
Forget Brexit: According To Albert Edwards, There Is A Far Bigger Risk To The Global Economy
While SocGen's Albert Edwards has opined previously on the topic of Brexit (with an apparent interest in a "leave" outcome), overnight he once again revisits the only thing that matters to markets over the next 24 hours, and looks at the possible outcome of a second "Black Wednesday", an event that could send the sterling plunging, from the prism of George Soros' recent op-ed predicting doom and gloom should the British currency rapidly devalue, and concluding that he disagrees: "thinking...
How The Welfare State Dies
Submitted by Pater Tenebrarum via Acting-Man.com, Hollande Threatens to Ban Protests Brexit has diverted attention from another little drama playing out in Europe. As of the time of writing, if you Google “Hollande threatens to ban protests” or variations thereof, you will find Russian, South African and even Iranian press reports on the topic. Otherwise, it’s basically crickets (sole exception: Politico). Gee, we wonder why?
NeOCoN BeLLY DaNCeR...
Mass Surveillance Has NOTHING To Do With Stopping Terrorism ...
Trump Says US Should Profile Muslims
Confirming that he has no intention of backing down from his comments in the aftermath of the Orlando mass shooting, when he renewed his calls for a ban on Muslim immigration into the US, Donald Trump said on Sunday that the US should "seriously" consider profiling Muslims inside the country as a terrorism-fighting tool, the latest example of the Republican presidential nominee-in-waiting increasingly backing positions that single out Muslims, a gambit which as last week's media commentary...
European Bank Stocks On The Ledge
Via Dana Lyons' Tumblr, Already plumbing multi-year lows, European banks are threatening to fall off another chart “cliff”. We have written several posts regarding the significant challenges that face U.S. bank stocks from a technical perspective (see our May 21 post, “Rate Hike? This Chart Says Don’t ‘Bank’ On It”). However, their struggles pale in comparison to their counterparts across the pond.
The U.S. States With The Highest Tax Burdens In 2016
Across the United States, some residents have to pay far more state and local tax than others. The amount you pay depends heavily on the state you reside in with New Yorkers suffering under the heaviest tax burden according to website Wallethub. As Statista details, the tax burden measures the percentage of a personâs income which goes towards state and local tax, different to the tax rate, which depends heavily on income and personal circumstances.
The Case For Brexit
With the market still strongly disagreeing with the polls over how BREMAIN is a done deal... TrueSinews' Sean Corrigan explains why in his contrite So wrote a friend the other day. What follows is my answer to his question. Funnily enough, my first response to the letter to the Times, that highly-orchestrated, Orwellian protestation of orthodoxy, was to tweet about the infamous 364 economists who wrote decrying Howe’s 1981 budget under Thatcher.
Mega M&A Is Back: Abbott Buys St. Jude Medical For $25 Billion, 37% Premium
The great megadeal M&A drought of 2016 just came to an end when moments ago Abbott announced it would acquire St. Jude Medical for $25 billion, roughly a 37% premium to St. Jude's Wednesday closing price. According to the press release, under the agreement, St. Jude Medical shareholders will receive $46.75 in cash and 0.8708 shares of Abbott common stock, representing total consideration of approximately $85 per share.
What $499,000 Buys You In Brooklyn: A 20-by-97 Foot Lot With A "House"
We've been tracking some of the more outlandish things taking place in the real estate market recently, although we may have stumbled upon one of the more peculiar ones. First it was what $2.5 million gets you in Canada in today's market. Then we looked to London, where you'll only be charged £500 to live underneath someone's stairs.
Silver, More Rare Than the Market Understands
Posted with permission and written by Rory Hall, The Daily Coin (CLICK FOR ORIGINAL) For the past three plus years, I have been asking how silver and gold have always been available when we can see stress in the markets all through the supply chain. According to several prominent analyst, and producers, global silver and gold production declined in 2015. In Mexico alone silver production is down approximately 6%.
Trump And Hillary Refuse To Explain Why They Both Share The Same Address In Delaware
As it turns out, Hillary Clinton and Donald Trump share something pertinent in common, after all — a tax haven cozily nested inside the United States. This brick-and-mortar, nondescript two-story building in Wilmington, Delaware would be awfully crowded if its registered occupants — 285,000 companies — actually resided there.
One Commodity Trader Writes: "What Is Happening Has Absolutely No "Reasonable" Explanation"
One commodity trader writes in with some very unique observations.
"Mr. Yen" Warns USDJPY May Hit 100 By Year-End
Having correctly predicting the yen’s advance beyond 115 and then 110 per dollar, former Japanese Finance Minister Eisuke Sakakibara now says Japan’s currency may strengthen to 100 by year-end. As Bloomberg reports, having been in charge of currency intervention in Japan, Sakakibura was dubbed Mr. Yen for his ability to influence the exchange rate in the 1990s, seems to suggest - uinlike Suga overnight - that intervention is unlikely (or unlikley to be successful).
Sweden Overwhelmed By 'Gypsies' As "Begging Has Become An Occupation"
While Sweden's seemingly self-imposed refugee crisis continues to roil the nation's population, it appears a different and potentially just as problematic social unrest looms.
Al Jazeeza Presenter Corners Saudi Ambassador - "Why Support Democracy In Syria But Not Saudi Arabia?"
This past week, Al Jazeera presenter Mehdi Hasan sat down with Saudi Arabia’s ambassador to the UN. He asked him a very pointed question regarding why he supports democracy in Syria but not in Saudi Arabia. It’s a great question, and let’s just say the answer was not at all convincing. Too much media these days merely serves as public relations for the status quo.
Protesters Form Highway Blockade, Stop Traffic At Trump Rally In Arizona - Live Feed
Fresh off a characteristically controversial performance at a Friday night rally in Utah where the GOP frontrunner questioned whether newfound nemisis and self-styled party elder Mitt Romney is "really a Mormon," Donald Trump is set to speak in Arizona today and protesters are now blocking traffic on a highway.
Iran Shows Off "The Power of Velayat", Test Fires More Ballistic Missiles
Back in October, when Iran test-fired a next-generation, surface-to-surface ballistic missile dubbed “Emad,” Defense Minister Hossein Dehghan said the following about the future of Iran’s vaunted missile program: “We don’t ask anyone’s permission to enhance our defense power or missile capability and will firmly pursue our defense plans, particularly in the field of missiles.” The launch infuriated US lawmakers who voted against the Iran nuclear accord and was promptly trotted out by Obama’s...
Following Breadth Thrust, Will Stocks Launch Higher - Or Flame Out?
Last week’s stock market breadth was extraordinarily positive; similar signals historically have seen the market either launch higher or flame out, depending on the prevailing climate. A lot of market talk lately has been focused on the recent improvement in the stock market’s breadth (we wrote about one unusual such display last Friday).
A Warning For The Bulls: Gartman Flops To "Net Bullish" 24 Hours Day After "Reducing Longs"
There was some confusion why the S&P 500 just had to close in the green yesterday. The answer was simple: as we reported first thing yesterday morning just two days after "world renowned" CNBC contributor Dennis Gartman said he was "covering shorts" because he was "stunningly, shockingly, stupidly wrong" he flopped and was reducing his longs. Ergo, green close. It also meant that there was virtually unlimited upside before the market.
Credit Suisse Plunges To 25 Year Lows After Posting Enormous $5.8 Billion Q4 Loss
Seven days ago, Deutsche Bank turned in what various sellside desks described as “horrible”, “grim” results for both Q4 and 2015 as a whole. The bank posted its first annual net loss since the financial crisis, reporting red ink that totaled more than $7 billion as investment banking revenue fell plunged by some 30%. On Thursday, we learn that Credit Suisse lost nearly $6 billion in the fourth quarter. The 2015 net loss came to nearly $3 billion.
"No Brainer" Apple Extends Losses Despite Analyst Pleas That Guidance "Better Than Feared"
Apple's guidance was considerably worse than expected, but always spinning positively, analysts proclaim somehows that it was "better than feared." It appears not as AAPL is now down almost 4% despite every sell-side analyst's pleas that "the bottom is in." The ultimate "no brainer" stock is now down over 28% from its highs last year and analyst targets are still at $137 on average - a nearly 50% gain from here.
Is Russia Imploding In Front Of Our Eyes... Again?
Certain countries are starting to feel the pain of the low oil prices. In a previous column, we already warned you about the potential problems in Saudi Arabia that might spill over to the USA. Saudi Arabia was quickly moving towards a government deficit of almost 22% of the GDP, resulting in a shortage of $150B on the total budget in 2015.
After the Deluge: A Reasoned and Seasoned Guide to Approaching Economic Armegeddon
There's a time when the operation of the machine becomes so odious, makes you so sick at heart, that you can't take part, you can't even passively take part. And you've got to put your bodies upon the gears, and upon the wheels, upon the levers, upon all the apparatus, and you've got to make it stop.
"Fundamentals Don't Matter Right Now, It's Panic On The Way Down," Trader Warns
In the wake of yet another dramatic selloff on Wednesday which brought the Dow to the brink of correction territory and kept the market on pace for its worst start to a year in history, investors are getting worried. A confluence of factors including the continued devaluation of the yuan, plunging oil, and soaring HY risk have brought markets to the precipice and the bears are out in force, with the likes of Albert Edwards calling for a horrific 75% plunge in the S&P.
The Last Time Automakers Channel-Stuffed This Much, Lehman and GM Went Bankrupt
While day after day we are told how fantastic auto sales are in America... and how the reported data from the automakers shows just how 'strong' the US consumer must be.. and therefore the US economy. However, as the following chart shows - it's all false!! Relative to apparently surging sales, inventories of (unsold) motor vehicles are at their highest since August 2008...
Not The Onion: US Government Is Taking Credit For Bringing Peace To Syria
State Department spokesperson John Kirby is raising eyebrows after he released a recap of 2015 “success stories” in which he credits the United States for bringing “peace” and “security” to Syria and “stepping up” to help the country’s people at a difficult time. “The United States and many members of the international community have stepped up to aid the Syrian people during their time of need,” wrote Kirby in his laudatory year-in-review released late last week.
Dave Barry Answers - Was 2015 The Worst Year Ever? (Spoiler Alert: Yes)
Authored by Dave Barry, originally posted at The Miami Herald, Sometimes we are accused - believe it or not - of being overly negative in our annual Year in Review. Critics say we ignore the many positive events in a given year and focus instead on the stupid, the tragic, the evil, the disgusting, the Kardashians. OK, critics: We have heard you. This year, instead of dwelling on the negatives, we’re going to start our annual review with a List of the Top 10 Good Things That Happened in 2015. Ready?
Gartman Turns "Very, Very Quietly Bullish Of Crude" Even As Stock Prices Set To "Head Materially Lower"
Last week, everyone's favorite "world-renowned commodities guru" Gartman dipped his toe in a new trade, a EUR short, to wit: Yesterday, December 17th, we sold another unit at 1.0865 giving us an average of 1.0970 and now we shall sit tight with the EUR trading 1.0930 A move “for an hour or so” above our average price shall be our stop. Moments ago it broke out to 1.95 and appears to be rising so we wait to see if Gartman is stopped out once again in under a week. That was then, what about now?
The Keynesian Recovery Meme Is About To Get Mugged, Part 1
Yellen said at least one thing of importance last week, but not in a good way. She confessed to the frightening truth that the FOMC formulates its policies and actions based on forecasts of future economic developments. My point is not simply that our monetary politburo couldn’t forecast its way out of a paper bag; that much they have proved in spades during their last few years of madcap money printing.
Is This The Missing Scene From The American Version Of Star Wars?
I would imagine any ancient Roman wise enough to make this same prediction back before the Empire collapsed as the great city fell from a population of one million down to 12,000, would have sounded...
The Recession And Bear Market Of 2016, In Two Charts
Good friend Michael Pollaro just sent a couple of charts that show the US economy heading for a brick wall. The first illustrates what happens when business sales (the green line) turn negative. In the previous two boom/bust cycles, when sales started falling the economy either tipped into recession shortly thereafter or (it was discovered in retrospect) was already well into a contraction.
Camera-On-A-Stick Goes Full Kodak - Crashes 16% To Record Lows
Camera-on-a-stick is down 83% from its October 2014 (the end of QE3) highs (and down 75% since Jim Cramer said it was "bargain" in July). GoPro is down 33% from its IPO price... and down 16% today as more analysts realize now is the time to downgrade before it goes full Kodak.
Saudis Prepared To Listen At OPEC Meeting
As energy analysts closely watch for any clues emerging from Vienna, where OPEC is set to meet on December 4, global oil markets remain stubbornly oversupplied. Last year, OPEC surprised the world by leaving its output quota untouched amid rapidly growing global supplies, a decision that sent oil prices spiraling downwards. As the group’s strategy became clear, there were fewer surprises in the follow up meeting in June 2015.
US Is "In Cahoots With ISIS," Iraqis Swear: "It Is Not In Doubt"
On Tuesday evening, we took a look at how Iran’s Shiite proxy arms fighting ISIS in Iraq responded to Ash Carter’s contention that the US would soon send an “expeditionary targeting force” to assist Iraqi and Kurdish Peshmerga forces in the battle against Islamic State. From Kata'ib Hezbollah: "We will chase and fight any American force deployed in Iraq. Any such American force will become a primary target for our group.
The Lull Before The Storm - It's Getting Narrow At The Top, Part 2
The danger lurking in the risk asset markets was succinctly captured by Monday's overnight action in Asia. The latter proved once again that the casino gamblers are incapable of recognizing the on-rushing train of global recession because they have become addicted to “stimulus” as a way of life: More stimulus from China?
Russia Presents Detailed Evidence Of ISIS-Turkey Oil Trade
On Monday, Turkey’s sultan President Recep Tayyip Erdogan said something funny. In the wake of Vladimir Putin’s contention that Russia has additional proof of Turkey’s participation in Islamic State’s illicit crude trade, Erdogan said he would resign if anyone could prove the accusations.
Oil Traders Punk'd By Schizophrenic Comments From OPEC
And so it begins... IRAN SAYS MAJORITY OF OPEC MEMBERS AGREE ON OUTPUT CUT: SHANA. trial balloon time — zerohedge (@zerohedge) December 2, 2015 To which we noted... majority of OPEC members likely does not include Saudi Arabia — zerohedge (@zerohedge) December 2, 2015 Quickly followed by this... And there it is: SAUDI ARABIA, GULF ARAB COUNTRIES DON'T SUPPORT CUT: SHANA — zerohedge (@zerohedge) December 2, 2015 The end-result... traders punk'd
CEO Economic Confidence Implodes, Drops To Lowest In Three Years
Following a relentless barrage of recessionary industrial and manufacturing data, moments ago the Business Roundtable released its latest, fourth quarter 2015 CEO Economic Outlook Survey, and it is an absolute disaster.
The US Stock Market - An Accident Waiting To Happen
We have recently discussed the sorry state of the junk bond market, as well as the noteworthy decline in the annual growth rate of US money supply aggregates. The latter has finally manifested itself not only in terms of narrow monetary aggregates like M1 (see chart) and AMS (“Austrian money supply”, a.k.a. TMS-1, the narrow true money supply), but also in the broader true money supply aggregate TMS-2.
EM Currencies See Biggest Daily Surge In Years As Dovish Fed Trumps Fundamentals
Well, what goes up must come down, which also means that what goes down must come up we suppose, which is why once again, the previously hapless ringgit and rupiah are heavily bid. The two currencies have of course been caught up in the global EM turmoil, but as we documented extensively on Wednesday, the tide has turned a bit this week.
Is This The Real Reason Futures Are Soaring: Gartman Expects 25% Correction, Says To Sell Strength
What a difference a week makes. 7 days ago, Gartman was confused but "still buying stocks"... ...
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Kobe
Contact Kobe, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack