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Trending News: Hurricane Rafael Public Advisory Number 21Restructuring Underway At Soros Fund Management As Hong Kong Office To Shut South Korea sees increased attacks by pro-Russia hacking groupsHurricane Rafael Public Advisory Number 20Hurricane Rafael Forecast AdvisoryHurricane Rafael Public Advisory Number 19Just Because President Trump Beat Harris Doesn’t Mean The Devastating Issues That Face Americans, From War To Food Costs To Political Violence, Are Going AwayThe 2024 Election As A Spiritual WarHurricane Rafael Forecast AdvisoryHurricane Rafael Public Advisory Number 18Disney Prepares for Potential LOSS to Universal Studios for First Time in History: Epic Universe!EXCLUSIVE: Leaked Intel Report Warns Venezuela Sending Intel Operatives, Released Prisoners to ‘Neutralize’ Targets in U.S.Venezuela signs defense, energy deals with RussiaPutin Praises ‘Courageous’ Trump & Hints At Ukraine Talks, Phone Call LikelyUS town on alert after 43 monkeys escape research facilityReflecting on the Last Four YearsChannel introJACK POSOBIEC: ‘We won, the work now begins’New Media TAKES OVER: Elon Musk and Joe Rogan REIGN SUPREME Over Network News — Twitter Triumph!Remnants of Fourteen-E Public AdvisoryRemnants of Fourteen-E Forecast AdvisoryHurricane Rafael Forecast Discussion Number 17Hurricane Rafael Forecast AdvisoryMcCormick Wins in PA Despite Casey Refusing to ConcedeINSANE New Monopoly Rules Aim To Turn Kids Woke…By Discriminating AGAINST Kids of Color!After Victory, Trump Faces the Big Economic ProblemsHurricane Rafael Public Advisory Number 16NewsWare’s Trade Talk: Thursday, November 7 | NewsWare‘s Trade TalkWoke Bloodbath: Leftist Movements Are Paying The Price For Their ArroganceHurricane Rafael Public Advisory Number 15AThe Meltdowns And The Tantrums Have BegunThe Recession Of 2025 Will Be Backdated3 Tough Questions for the Fed at Thursday’s FOMC PresserVatican hopes for ‘wisdom’ from TrumpHurricane Rafael Public Advisory Number 15Tropical Depression Fourteen-E Public AdvisoryTropical Depression Fourteen-E Forecast AdvisoryEverything Has Changed — Media Landscape Altered FOREVER, Heartland Beats Hollywood: Pro Show LIVEI’m in a car. 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3 Tough Questions for the Fed at Thursday’s FOMC Presser

3 Tough Questions for the Fed at Thursday's FOMC Presser
Ryan McMaken

The Fed claims things are going very well, but Fed Chairman Jerome Powell got three questions at the press conference that he had trouble answering honestly.

Be sure to follow the Loot and Lobby podcast at Mises.org/LL

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

 

Originally Posted at https://mises.org/

Mises

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Hurricane Rafael Public Advisory Number 21

…RAFAEL REMAINS A POWERFUL COMPACT HURRICANE OVER THE CENTRAL
GULF OF MEXICO…
Location: 24.5°N 88.8°W
Max sustained: 110 mph
Moving: W at 9 mph
Min pressure: 961 mb

Issued at 900 AM CST Fri Nov 08 2024

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Restructuring Underway At Soros Fund Management As Hong Kong Office To Shut 
Restructuring Underway At Soros Fund Management As Hong Kong Office To Shut 

Restructuring Underway At Soros Fund Management As Hong Kong Office To Shut 

An administrative restructuring is underway at Soros Fund Management, founded by billionaire George Soros in the 1970s, as it plans to shutter its Hong Kong office, according to a Bloomberg report. Although the exact reasons were not disclosed, this move comes just days after Soros’ son, Alex Soros, through the family’s Open Society Foundations, wasted tens of millions of dollars backing the biggest Democrat loser in a generation: Kamala Harris. 

The New York-based investment firm, best known for its $10 billion trade against the British pound in 1992, explained in an emailed statement that its Asia investments will now be managed by traders in its New York and London offices. The firm added that it will continue allocating capital to managers in Japan, Singapore, and Hong Kong.

Bloomberg reporters working on the story could not obtain further comment from the investment firm. 

A key question remains: Why is Soros Fund Management shrinking its Asian physical footprint? Bad china bets?

This administrative restructuring at the investment firm comes months after a major restructuring occurred within OSF over the summer. OSF reportedly laid off over 40% of its workforce worldwide and implemented a new operating model.

Even with all this restructuring, the philanthropic organizations controlled by the Soros family, with Alex Soros somewhere at the helm—and even further off the reservation than his father—wasted a lot of daddy’s money on supporting the biggest Democratic loser in a generation: Harris-Walz. This historic loss will be detrimental to the Soros family and far-left Davos elite, who push nation-wrecking globalist policies. The tide has turned.

Tyler Durden
Fri, 11/08/2024 – 07:20

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