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Some excerpts from Jim Grant: “People talk about the absence of liquidity, and liquidity means basically money, it means the capacity to transact in securities at more or less continuous … Read more
CNN ANALYST JEFFREY TOOBIN SAYS HE REGRETS TALKING ABOUT CLINTON EMAILS, BLAMES IT FOR HER 2016 ELECTION LOSS: CNN’s chief legal analyst Jeffrey Toobin said Monday that he regrets covering … Read more
“You people with this phony emoluments clause,” he said. “I would say it cost me between $2 and $5 billion to be president—and if I had to do it again, … Read more
by The Phoenix Stocks hit upper resistance on Friday and rolled over. The decline wasn’t particularly strong however so the door remains open to a breakout to the upside here. Support … Read more
by Arkadiusz Sieron of Sunshine Profits Another round of global monetary easing has just begun! More than 30 central banks around the world have cut interest rates this year so far. The Fed … Read more
by Ryan McMaken of Mises Institute As the decline of the Rust Belt became increasingly obvious during the 1980s, protectionists attempted to blame the malaise on too little government protection from foreign competition. … Read more
US corporate debt triggers recession concerns t.co/gv8lf12seh — cetier1 (@cetier1) October 20, 2019 The ranks of "Weakest Links" – lower-rated debt issuers with a negative outlook – has grown to … Read more
Authored by Daniel Lacalle, As I explained on CNBC: Even the most optimistic assumptions are unlikely to change the trend of weak global growth. There is a problem of diagnosis. … Read more
by UPFINA As the yield curve steepens, calls for a recession are growing because usually after yield curve inversions, steepening is coincident with recessions. The 10 year 3 month spread has … Read more
via itweb The technological singularity, an age when machine intelligence surpasses human intelligence, is now expected to take place in 2035, 10 years earlier than initially predicted. This was the word from … Read more
Buyback spending is plummeting as companies spend less amid growing global uncertainty. According to Goldman Sachs, buyback spending slowed 18% to $161 billion during the second quarter, and the firm … Read more
An investigation into the rigging of Libor, the benchmark interest rate that tracks the cost of borrowing cash, has been unexpectedly closed. The decision comes despite evidence that implicates the … Read more
via issuesinsights: What, exactly, are these career State Department bureaucrats angry about? They’re mad that several of them “were demoted or sidelined following attacks by the conservative media.” They complain about … Read more
by Francis Marion Federal election in Canada today. If we get another 4 years of #BlackFace Justin the map above will become a reality. It will be mainly a result of … Read more
Look to Europe, look to the Far East, look to Latin America, and what do we see? Civil unrest, riots, protests, and what could only be described as the start … Read more
Ilhan Omar, 37, is not only dating, but living ‘on and off’ with her married campaign aide Tim Mynett, 38, in Washington DC, DailyMail.com can reveal The two have secret hookups at … Read more
The Liberals remain in a close national race in public support with the Conservatives but are favored to win the most seats, though probably not another majority government. The … Read more
Megyn Kelly speaks out about NBC’s alleged Weinstein cover-up for the first time since leaving the network on ‘Tucker Carlson Tonight.’ #Tucker #FoxNews
PACIFIC PALISADES FIRE UPDATE: Blaze has now consumed 30 acres of brush; flames are on edge of properties, but firefighters appear to be keeping them from advancing for now t.co/CXIUdcuAbi … Read more
ZURICH, Oct 21 (Reuters) – The number of rich Chinese has surpassed the count of wealthy Americans for the first time as both countries keep churning out millionaires, a study … Read more
By Harry Dent The only Phd economist I allow to speak each year at the Irrational Economic Summit is Dr. Lacy Hunt. (You can watch his presentation from this year’s conference here.) … Read more
