via @OccupyWisdom: I. TRADE WAR THREAD Why tariffs? 1/ China has manipulated global markets for the past 3 decades with a cheap currency. This was how China was able to completely corner the world’s export market. 2/ Through dominating the export market, they have gone from irrelevant to the 2nd II. largest economy on earth. … Read more
via @RealDavidJensen: It is on – that is the bottom line. #Fed suddenly cut the Money Supply (TMS) in 2017 just like 2000 & 2007 & now the crash begins after 1 – 2 yrs. GDP, PMI, Inventories, dropping Treasury yields, etc. just lagging indicators. #markets #Finance #fx #EndTheFed Not just #bond yields caving. 2,000 share … Read more
by John Rubino A few short weeks ago, the economy seemed to be growing, the trade war looked winnable and the Mueller Report appeared to take presidential impeachment off the table. And then… The economy hit a rough patch. Auto sales are down and home sales are way down. This morning: Pending home sales fall, marking … Read more