EU: Free Trade only when Eurocrats like it?

Talk about EU being a bastion of Free Markets is Rubbish! Services - the growing part of advanced economies - are carefully excluded where it suits the Eurocracy. So banning Euro Clearing from being handled in the City of London is a blatant slap in the face of Free Trade. Let's call a spade a spade and not pussyfoot around with these hypocritical ideologues - be they called Merkel, Macron or Juncker!
The City of London After Brexit Isn't Just About Jobs - Bloomberg

Johnny Depp made $650 million but couldn't pay for his lavish lifestyle

Just another reason for inequality is demonstrated by this: Copyright protection for Movies and Actors? Is it really necessary for the benefit of mankind? not the same as inventing a new medicine, and in the old days even the people behind life-saving medicines did not do it for the money anyway.

Johnny Depp made $650 million but couldn't pay for his lavish lifestyle, ex-manager says

Regulation: Race to the bottom?

If rules are interpreted so 'flexibly' in the USA it will be interesting to see how 'Europe' reacts (if the sleepy bureaucrats there even notice or care). Apart from the problem that Brexit will soon loom over any regulation in 'Europe', the response could be either to loosen rules/interpretations as well or demand that US entities comply with stricter rules designed in Europe. And what if the UK goes for a laxer regulatory environment? Every bloc will try to help his financial firms or bloc those from the other blocs, interesting times indeed!
Who’s Watching Wall Street? The Feds Turn a Blind Eye to Goldman’s Game | The Fiscal Times

Swiss National Bank the "Greater Fool?

Amazing focus on biggest Momentum stocks shows lack of imagination in this bastion of Conformity.
"Mystery" Central Bank Buyer Revealed, Goes On Q1 Buying Spree | Zero Hedge

Risk Parity: Just another name for Portfolio Insurance?

Risk Parity - like Smart Beta or Factor Investing - is old wine in new bottles. A Bull market always needs a rationale to justify the irrational, Greed has overcome Fear. In reality all is backed by a tide of easy money.
Pondering The Real Perils Of Risk Parity Portfolios | Zero Hedge

Compliance hiring at fever-pitch!

My (pessimistic) prognosis of  'One Compliance Kommissar behind every productive Staffer' is soon (already?) sad reality. Wish the same could be said about politicians and civil servants! Did Ancient Rome not die after suffocationg on legal and bureaucratic overkill?
Deutsche Bank hiring in compliance - Business Insider

Deutsche Bank: Bye Bye London? but not because of Brexit

The track record of the bank is nothing to write home about. The huge build-up in London, from an insignificant commercial branch in the mid 1980s - has probably cost more than it ever earned the bank. So move back 'home' may be sensible, but not because of Brexit!
DEUTSCHE BANK EXEC: We may need to move 4,000 UK staff to Europe because of Brexit