NO DEAL! Vietnam summit ends abruptly as Kim REFUSES Trump’s denuclearization demands, leaders fail to agree on lifting North Korean sanctions and abandon lunch and cancel signing ceremony Donald Trump and Kim Jong-un abruptly ended their summit in Hanoi early without signing a deal He said the issue was Kim’s insistence that all sanctions get … Read more
https://mobile.twitter.com/Jenn198523/status/1100371785478881281 AMAZING! Hundreds of young Latinos chant “BUILD THE WALL!” at @TPUSA Young Latino Leadership Summit The largest ever young Hispanic conservative event. WHY NO MEDIA COVERAGE?! These young leaders of tomorrow are SICK of open borders & no security! “Trump! Trump! TRUMP AC
via lidblog: Now that Alexandria Ocasio-Cortez has declared herself the boss of the Green New Deal, will she also claim ownership of EPA’s multi-billion dollar product known as government “certified” energy efficiency? Very few Americans know anything about ENERGY STAR, arguably the most corrupt federal program in history that allegedly invented the most valuable commodity ever. … Read more
This is not the sign of a healthy global economy, it's a sign of over indebtedness and stagnation pic.twitter.com/2CeA1EU9Es — M/1_LP (@MI_Investments) February 28, 2019 More China gloom & doom data: #China February factory activity shrinks to 3y low, export orders worst in a decade. https://t.co/paSe6PGrXP pic.twitter.com/Fbfvmy0GBC — Holger Zschaepitz (@Schuldensuehner) February 28, 2019 I … Read more
Generational buying opportunity, or not? $151Mn sold since Oct 3rd. This is the smart money IMO. pic.twitter.com/c4Bmbkr7CO — BɅRTON (@Barton_options) February 28, 2019 Hey, Wall Street–Abandon Your Sell-Side Hockey Sticks! GAAP P/E Ratios At Second Highest Pre-Recession Level Ever
via Yahoo: CARACAS (Reuters) – At least 8 tons of gold were removed from the Venezuelan central bank’s vaults last week, an opposition legislator and three government sources told Reuters, in the latest sign of President Nicolas Maduro’s desperation to raise hard currency amid tightening sanctions. The gold was removed in government vehicles between … Read more
via icij.org: The Supreme Court of the United States has rejected World Bank claims of complete legal immunity, ruling that one of its arms can be sued in relation to lending activities. The 7-1 ruling could also open other American-based international organizations to the threat of lawsuits over financing overseas development. For the World Bank, it … Read more
via themacrotourist: I have become fascinated by MMT (Modern Monetary Theory). Sure, you can crap all over it, but I am not so sure there isn’t much to learn by opening your mind to the idea that some of the ways we think about economic theory might be wrong. Too many pundits look at provocative headlines … Read more
BUBBLE 3.0: NO WAY OUT Click here to view as PDF. “We’re paddling against the current in trying to sustain public faith in the Fed.” –Federal Reserve Chairman JEROME (JAY) POWELL “The FOMC (Federal Open Market Committee, the Fed’s key rate-setting entity) is in panic mode now, facing the Frankenstein monster balance sheet it has … Read more
via CNBC: The U.S. trade deficit in goods rose 12.8 percent in December, according to an advanced estimate from the Census Bureau. The move comes amid trade hostilities between the U.S. and China, and a White House effort to narrow the gap. Rising trade deficits subtract from GDP, meaning that fourth-quarter estimates could be reduced. … Read more