Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter In the past, the Treasury market was terribly wrong about this. In these instances, the 10-year yield had no predictive quality. It was just a stupid move by the market that then self-corrected brutally. The last such idiocy happened in 2016. The good folks who made that move are still ruing … Read more
IT’S simply not enough for billionaires to have everything they’ve ever wanted – they need eternity to enjoy it, too. At least a dozen of the world’s richest men have ploughed millions into bizarre ways to live forever. Here are five of the weirdest. 1) Cure for ageing A number of billionaires are putting their … Read more
For U.S. and China, it’s not trade war anymore — it’s something worse… What started out two years ago as an effort by President Trump to wring better terms from China on the nuts and bolts of foreign trade now threatens to become a far wider and more ominous confrontation. The conflict continues to be … Read more
by John Rubino You’d think that the more trouble the US causes around the world, the weaker the dollar would trade. Who, after all, wants to own the currency of the country perceived by most to be the source of today’s long list of trade conflicts and dirty wars? Apparently everyone, in a dynamic that’s … Read more
by Jon Nylander via Mises Wire The Swedish Welfare State and Multiculturalism Swedes do not toil under a Communist yoke. We are thankfully a market oriented society, and particularly in rural areas, Swedes are ruggedly individualistic and responsible citizens. But we do have an enormous welfare state with which to contend — and it poisons our … Read more
China does not need to warn short sellers. The biggest short seller of the Yuan is the Chinese central bank… pic.twitter.com/G9SbnwvF7x — Daniel Lacalle (@dlacalle_IA) May 27, 2019
countrywide – China‘s average income per day is $8.16 as in eight dollars and sixteen cents a day pic.twitter.com/fOmiYfUwzH — mcm-ct.com (@mcm_ct) June 2, 2019
by TFittonJW This morning, Judicial Watch President Tom Fitton appeared on “Mornings on the Mall” (WMAL) to discuss Robert Mueller’s press conference on the special counsel probe into alleged Trump/Russia collusion during the 2016 election.
by TFittonJW Heavy lifting gets results. Judicial Watch breaks the news here:
via zerohedge: Rep. Devin Nunes (R-CA) on Saturday called for the immediate release of “all backup and source information” for the Mueller report after internet sleuth @almostjingo (Rosie Memos) discovered that the special counsel’s office deceptively edited content which was then cited as evidence of possible obstruction. “It’s all a fraud” tweeted Nunes, replying to a tweet by @JohnWHuber (Undercover … Read more