The Traderszone Network

Submitted by John Whitehead via The Rutherford Institute,

“We Americans are the ultimate innocents. We are forever desperate to believe that this time the government is telling us the truth.”—Former New York Times reporter Sydney Schanberg

Let’s talk about fake news stories, shall we?

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Here is a piece from Bloomberg on Jim Simmons, his Renaissance Technologies,and the Medallion Fund
– Renaissance has around 300 employees
– About 90 are Ph.D.s
 

In the words of the great philosopher Buzz Lightyear, “to infinity and beyond.” Oil’s incessant liftathon – on hopes that a production freeze at record highs will seriously impact a record seasonal glut – appears to have sparked more panic-buying in stocks overnight as no news whatsoever has the machines incessantly bidding futures, pushing Dow futures over 19,000 and S&P futures over 2,200. Bonds are flat, USDJPY is flat, and offshore yuan is modestly weaker once again.

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Asian shares were broadly higher early Tuesday, with the Australian market rising to a one-month high, as oil prices rallied on expectations that key oil-producing countries will agree to a deal to slash production.
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This article is published in collaboration with Scutify, where you can
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President-elect Donald Trump said Nigel Farage would do “a great job” as Great Britain’s ambassador to the U.S.