YES, IT IS: It’s Time for a Thoroughgoing Revamping of the Intelligence Community. Among the urgent tasks we must quickly undertake, few are so urgent as a thoroughgoing revamping of the intelligence community. At the moment, it isn’t very impressive in either of the two main activities with which it’s entrusted: spying on our enemies … Read more
by Frank Holmes, CEO, U.S. Global Investors Terbium is used to make flat-panel displays. Thulium can be found in your microwave. Dysprosium demand is growing with increased production of wind turbines and electric vehicles. The 17 so-called “rare earth metals,” of which the three mentioned above are members, may not have household names like gold … Read more
by Troy The stock market fell again today, and is sitting right ontop of its 200 day moving average. Meanwhile, the S&P has had a very strong relationship with the 10 year yield this year. Today’s headlines: S&P, Dow, and NASDAQ breaking their 200 dma’s Relationship between stocks and Treasury yields Put/Call ratio spike Weakening … Read more
by WARREN MOSLER Interest-Rate Policy Is Backward, Modern Monetary Theory Pioneer Mosler Says Under consumption identity: for ever agent that spent less than his income, another must have spent more, or the output would not have been sold. In other words, deficit spending, private or public, is the ‘offset’ to unspent income (savings). The chart … Read more
by Jesse Via tweet Trump tanked the markets by imposing a ‘shock tariff’ on all Mexico goods of 5%, increasing to 25% until Mexico does something to halt illegal immigration from their country. Someone is taking the imperial presidency out for a test drive. The China Manufacturing PMI came out tonight with a miss of estimates at … Read more
https://www.youtube.com/watch?v=a_ubGqtnJxI The financial press is filled with stories that link the status of U.S. / China trade talks with the stock market’s action. Just a little research will show you why linking the two is misleading …
Canadian politicians attempt to bully Social Media execs (Links to relevant material below) https://business.financialpost.com/opinion/terence-corcoran-politicians-try-bullying-big-tech-into-doing-their-censorship-dirty-work https://www.cbc.ca/news/politics/facebook-grand-committee-tuesday-1.5152436
by visualcapitalist View the full-size version of the infographic The first representatives of Generation Z have started to trickle into the workplace – and like generations before them, they are bringing a different perspective to things. Did you know that there are now up to five generations now working under any given roof, ranging all the way from the … Read more
by Egon von Greyerz Will Atlas save the world? Global debt of $250 trillion can neither be serviced nor ever repaid. More likely, it will continue to grow exponentially until the world financial system collapses under the weight of the debt plus unfunded pension and medical liabilities of at least $250 trillion plus derivatives of … Read more
via Zerohedge: As the trade war with China rages with no end in sight, President Trump has continued to spout optimistic rhetoric, even if it doesn’t have quite the same market-moving potential as it once did. But over in Beijing, where President Xi recently warned his people to “prepare for a new Long March”, the … Read more