nvestors remain trapped in “The Twilight Zone”, the transition period between the end of QE and the first rate hike by the Fed, the start of policy normalization…until (a) the US economy is unambiguously robust enough to allow the Fed to hike and (b) the Fed’s exit from zero rates is seen not to cause either a market or macro shock (as it infamously did in 1936-7), the investment backdrop will likely continue to be cursed by mediocre returns, volatile trading rotation, correlation breakdowns and flash crashes. For this reason we continue to advocate higher than normal levels of cash, adding gold and owning volatility in mid 2015.
The presidential order established a “controlled equipment” list, with tightened requirements before federal agencies can transfer equipment to local cops. These include riot control equipments and drones. Federal agencies will also require local police to provide more data so the government can better track equipment.
Local police can still bypass the federal restrictions and bans by buying the equipment from private sellers.
Immigrants are the pilings of the New York economy, the providers of low-cost, seamless comforts like 24-hour takeout food, cheap nail salons, all-night gas stations, nonunion construction workers. Some entered the United States legally; others did not. The ability of unscrupulous employers to steal wages can take your breath away.
To make it useful to us, the researchers added a second set of genes for targeting RNAs. These directed the CRISPR-Cas9 system to cut up antibiotic resistance genes. This worked as expected: λ infected cells couldn’t pick up the antibiotic resistance genes and, if they had any before the infection, they were lost. The bacteria remained susceptible to antibiotics.
Abbott said Monday he was protecting private property rights from the “heavy hand of local regulation.”
He saw no contradiction in new state regulations superseding local voters’ will, saying he believes “individuals have a much better idea how to run their own lives than do a bunch of government officials.”
China, in a pact with U.S. President Barack Obama, agreed in November to get 20 percent of its energy from renewable sources by 2030, with its total carbon emissions peaking the same year. To reach that goal, the Chinese government earlier this year boosted its target for 2015 solar installations to 17.8 gigawatts from about 12 gigawatts.
The principal reason for the oil-price collapse is a production surplus–more supply than demand for oil. The latest data from EIA indicates that the surplus is the greatest since the current oil-price collapse began. In other words, the cause of the price collapse is getting worse, not better!
Several of the lake’s marinas have either relocated or closed, leaving docks that can accommodate nearly 300 boats sitting on dry, cracked earth. A hotel near the lake has closed and been abandoned, its empty swimming pool looking over the dry lakebed.
High winds kick up mini dust storms on the barren Boulder Beach and a fine dust covers cars driving down dirt roads that were once underwater.
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