by someroastedbeef As we all know, the ECB essentially said that they going to start juicing up the economy hardcore and by no coincidence, Powell ordered a media blackout barring any Federal Reserve staff member from making any public comments …
via dailyreckoning: China’s shock currency devaluation last week begs the following questions: Is China a rising giant of the twenty-first century poised to overtake the United States in wealth and military prowess? Or is it a house of cards preparing to …
BAML global (equity) fund manager survey (FMS) shows a record 50% of investors saying corporate balance sheets are over leveraged. Will companies be creative in their #buybacks efforts at low/sub-zero interest environnement ? h/t @Schuldensuehner @MRVAssociates @DiMartinoBooth https://t.co/agY8QsKo4K pic.twitter.com/la8LMojRqO — …
by Martin Armstrong The world is in a complete midlife crisis or some may say an end of life crisis. I am overseas as the world is simply going nuts. At times, I feel more like a shrink having to …
This is the Hong Kong National Party leader Andy Chan Ho-tin. https://translate.google.com/translate?hl=en&sl=zh-CN&u=http://www.chinapress.com.my/20190815/%E9%99%88%E6%B5%A9%E5%A4%A9%E6%8F%90%E9%86%92%E6%B8%AF%E4%BA%BA-%E6%8F%90%E5%87%BA%E6%89%80%E6%9C%89%E5%AD%98%E6%AC%BE-%E5%86%B2%E5%87%BB%E9%93%B6%E8%A1%8C%E4%BD%93%E7%B3%BB/&prev=search “Prominent Hong Kong pro-independence political activist Chen Haotian has called for a run on Chinese banks, asking that everyone withdraw their money on the same day.” “He …
From Birch Gold Group Public and private pensions are in trouble. There needs to be a major overhaul to the way pensions are operated or they will likely go extinct. Worldwide, pensions are piling up debt towards the $400 trillion level. Corporate pensions are …
by Simon Black In 750 BC, according to ancient legend, the twin brothers Romulus and Remus founded a tiny hilltop settlement in central Italy. Romulus slew his brother for violating a magical superstition, and then named their new city after himself: …
by Charles Hugh-Smith The idea that everything will be solved if we borrow a couple more trillion and give it away is the dominant paradigm. Here in the decay phase of Imperial Pretensions, The best lack all conviction, while the worst …
Recession Countdown Begins: Treasury 2s10s Yield Curve Inverts For First Time In 12 Years; 30Y Yield Drops To All Time Low While many have noted the inversion of the 3m-10Y segment of the US Treasury curve, mainstream investors appear more …
From Birch Gold Group This week, Your News to Know rounds up the latest news involving gold and the overall economy. Stories include: Gold tops $1,500 as investors seek shelter from gathering storm, gold to stay on course over next 6 to 12 …
by SP Search Results CNN 5 of the world’s biggest economies are at risk of recession “The bottom line is that the German economy is teetering on the edge of recession,” said Andrew Kenningham, chief Europe economist at Capital Economics. …
By Patrick Watson The US economy grew at a 2.1% annualized pace in the second quarter, according to data released last week. That was better than economists expected but hardly impressive. Even President Trump recognized this, tweeting the growth rate was “not bad …
It does not matter who is president. It is the system that is broken. A car with a frozen steering wheel cares little about who is driving. It is continuing in the same direction irrespective. My only goal is to …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Inflation runs hot in housing, medical services, health insurance, other items that are not imported. The consumer price inflation data released today by the Bureau of Labor Statistics, which corroborates prior inflation data, says that, yes, prices …
by WSBConsensus So much for antitrust law
by BackRow1 Data was gathered from The World Bank here: https://datahelpdesk.worldbank.org/knowledgebase/articles/906519 To visualise this I used: https://mapchart.net/world.html Info about this map: the * for country is due to The World Bank using the term country interchangeably with economy and does not imply …
by LivinAWestLife Tool: Google Sheets Source: www.skyscrapercenter.com This is my first amateur post to r/dataisbeautiful! As a Hong Konger, I’ve always had a love for skyscrapers, and I was interested in the development of skyscrapers in various cities over time, especially in …
There’s a war on plastic – government around the world are trying to cut the amount we use it. But does the science make sense? Plastic waste is polluting the ocean and harming wildlife. But where does your recycling go? …
University bans burgers to help save the planet Beef burgers have been banned by a university as part of efforts to tackle the climate emergency. Goldsmiths, University of London said it is to remove all beef products from sale from next …
via readynutrition: Earthquakes can happen when we least expect them, and unless you live near a fault line you probably haven’t thought too much about them. But it’s important to know what to expect when an earthquake strikes, what to do …
by visualcapitalist As evidence of cannabis’ many benefits mounts, so does the interest from the global pharmaceutical industry, known as Big Pharma. The entrance of such behemoths will radically transform the cannabis industry—once heavily stigmatized, it is now a potentially game-changing …
by panish_guy https://es.investing.com/currencies/usd-ars https://www.lanacion.com.ar/economia/dolar-hoy-cotizacion-nid2276661 Piotr Janiszewski @ATAFIN Argentina Peso – New Circle of F/X Hell… USD/ARS 58.5000 +29.29% All Time High 62.00 that’s why even Dante didn’ t create Hell like Argentinian Inferno… The country is on the verge of default …
by WSBConsensus Bear: July marked the second consecutive month of contraction in Global PMI’s US 10yr real yields touches negative territory Gold made fresh highs US ISM nonmanufacturing index surprised to the downside in July China’s July service industry PMI came …
by MakeoverBelly I’m looking at prospectuses of the big tech players when they entered the public markets. I see that most of the giants everyone wants to see being created again were actually profitable when going public. Apple, 1980, …
by lahkbustuh Imagine this: if you were around in the early 1900’s, which car company would you have invested in? There were hundreds of them. Most of them looked pretty good. Even as late as the 1950’s Studebaker, Nash, and American …
by 2_uber TLDR: SHORT JOHN DEERE Schmidt says sales at his dealership, in general, declined by as much as 15% in the first half of the year, led by a fall in the demand for large equipment. In a sign …
Bank of America raises chance of a recession to 1-in-3 in the next 12 months Bank of America sees a greater than 30% chance of a recession in the next year, based on recent data. Some economic indicators are “flashing …
There’s no video of Jeffrey Epstein’s apparent suicide: sources There’s no surveillance video of the incident in which Jeffrey Epstein apparently hanged himself in a federal lockup in Lower Manhattan, law enforcement officials told The Post on Sunday. Although there are cameras in …
via breitbart: President Trump is set to save American taxpayers billions of dollars as his administration announces a new rule on Monday that will essentially ban welfare-dependent legal immigrants from permanently resettling in the United States. A new regulation set to …
by howmuch Total private and public debts in the U.S. have hit an all-time high $70 trillion. One contributor, fueled by high interest rates and expanding services, is credit card debt. Per capita credit card balances top $3,000 in the U.S., with …