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Ethereum Suddenly Crashes 20% Amid Chatter Of More ICO Fraud; But Goldman Sees Bitcoin Testing $3000

Two days ago we saw the first ICO fraud exposed (as CoinDash was hacked), and after a big rebound the last two days (as civil war seems to have been peacefully resolved with 80% of hashers reportedly accepting SegWit), Ether is suddenly crashing again as several tweets mention more (and larger) ICO hacks. Someone stole ~$32M (~153k ether) from three multisig wallets. More info and blog post coming soon. — Manuel Aráoz (@maraoz) July 19, 2017 Positive news on the scaling deadline helped early but then ETH started to tumble... -Zero Hedge

S&P Goes Longest Without A 5% Pullback In 20 Years As NFLX Leads Nasdaq To Record Highs

'Hard' Data takes another dip to 28-month lows (as Import Prices disappoint)...   But as Leslie Nielsen says...   While the S&P 500 Index has notched one record after another over the past year, its climb has been the most stable in two decades. As Bloomberg notes, there hasn’t been a single instance when the U.S. equity benchmark pulled back 5 percent from its highs during the period. The last time the market slumped at least that much was in the aftermath of the June 2016 Brexit vote -- marking a 267-day streak... -Zero Hedge

6 CEFs to Buy for Safe 7.9%+ Yields and Upside

Today I’m going to show you how to get a livable income stream from a $300,000 nest egg—while growing your savings at the same time. Sounds impossible, right? Wrong. What’s more, we’re going to pull it off using just six funds. When we’re done, we’ll end up with a simple, diversified portfolio that throws off a nice, steady 7.9% dividend yield! And if you’re worried that this outsized yield could come at the cost of a weak total return, don’t be, because these funds have delivered 12% per year over the past decade. Before I get into these six funds... -The Contrary Investing Report

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