Breaking news, updates, and reports on current events.
via scmp: Another delay to a bilateral payments system shows how tough it is to develop an alternative to the US dollar But the rise in Russia-China trade means the two countries won’t abandon the mission, analysts say Russia and China plan to ditch the US dollar and switch to local currencies in international trade … Read more
[HRC] responds to Trump tweet about Foundations, this is what we call projecting. Cummings wants email and phones from the Trump administration, the [DS] is now suing for Trump’s tax returns. Trump tweets out that Mueller’s testimony will follow the report, but we know behind close doors Weismann will be testifying, Patriots have already countered … Read more
The firm is of the view that the ECB will opt for a 20 bps rate cut in its deposit facility with tiering, enhanced forward guidance and a return to QE in September. Adding that asset purchases will likely include corporate bonds and sovereign debt within the existing constraints, combined with a signal that the … Read more
via theinstitutionalriskanalyst: New York | In this issue of The Institutional Risk Analyst, we ponder how the actions or inaction of policy makers can create systemic events. In the next issue, we’ll dive into Q2 2019 earnings for banks and non-banks. Of interest, the Q2 edition of The IRA Bank Book is now on sale at our online store. News last … Read more
https://www.youtube.com/watch?v=VQbjFJyVn4I 100% Fed Up reports, Bill de Blasio was asked during his appearance at the New York City Pride March about gender reassignment surgery and if it should be paid for by taxpayers. He did what most of the other Democrats running for president did…he pandered. de Blasio is struggling in the polls so he’s … Read more
by John W. Whitehead “These are the times that try men’s souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this … Read more
by Troy It’s been a quiet week in the stock market as the 4th of July approaches. Today’s headlines: VIX fell more than expected Stocks and safe haven assets rally together Breadth divergence Alligator jaws JPMorgan’s AI model Go here to understand our fundamentals-driven long term outlook. For reference, here’s the random probability of the U.S. stock market … Read more
https://www.youtube.com/watch?v=TaPdHpcybG8 Chuck Ross from the Daily Caller reports, House Judiciary Committee Chairman Jerry Nadler said Monday that the heads of border and immigration agencies should face criminal prosecution for what he says is child abuse at border detention facilities. Read More/Source/Credit/FairUse: https://dailycaller.com/2019/07/02/na…
https://www.youtube.com/watch?v=rAsX08UG6lk Facebook has updated its guidelines to discourage ads for “miracle cures,” unproven medical claims and — GET THIS — conspiracy theories. Youtube has tweaked its algorithm toward the same end. RT America’s Sara Montes de Oca has the details. Then Lionel of Lionel Media joins Scottie Nell Hughes to weigh in on whether media … Read more
Map: Ethiopian Community members protests map across Israel:Karmiel, Kiryat Ata, Haifa, Afula, Yoken'am, Al Yakim, Netanya, Rosh Ha'ayin, Tel Aviv, Petah Tikva, Tel Hashomer, Rishon LeZion, Ramle, Jerusalem, Beit Shemesh, Gadera, Ashdod, Kiryat Milachi, Ashkelo and Beer Sheva pic.twitter.com/e3UewUkTIO — Local Focus – Security Alerts (@LocalFocus1) July 2, 2019 Ethiopian Community members protests map across … Read more
Asche Schow from The Daily Wire reports, The straw ban has officially come to Washington, D.C. While a ban on plastic drinking straws took effect on January 1, 2019, restaurants were only given a warning if they were found in violation of the law. https://www.youtube.com/watch?v=b5tQfoDXcRE Read More/Source/Credit/FairUse: https://www.dailywire.com/news/49045/…
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Bank stocks crushed by negative interest rates, broader market goes nowhere in 4 years and is down 44% since 1989 despite BOJ’s equity purchases. Despite the Bank of Japan’s repeated statements over the years that it would pursue its QE program – or “QQE” as it calls it to distinguish it … Read more
Ocasio-Cortez Accused Of Lying About Border Patrol, Screaming At Agents. After preparing a tour of CBP facilities the far left democrat reportedly did not go on the tour, instead she is accused of yelling at agents for laughing and then lying about a woman being forced to drink from a toilet. Border Patrol Agents claim … Read more
“On 1 July 1943 the yankee government under the Victory Tax Act began withholding federal income tax from paychecks. The withholding was supposed to cease after the Victory Tax was repealed by the Income Tax Act of 1944, but the yankee government failed to make that known, and pretended withholding was supposed to continue.” – … Read more
By The Phoenix Yesterday’s market action was a MAJOR wake up call. Stocks erupted 1.5% higher on announcements that the US/ China reached some form of a trade deal… However, the rally barely lasted, giving up most of its gains by mid-day. It was only through a desperate end of the session manipulation (red box … Read more
By Rodney Johnson The recent Democratic presidential primary debates were a lot of fun… said no one. As the process unfolds, I vote that Andrew Yang gets the first question at every debate, since he was given all of three minutes out of 120 on Thursday night. And Marianne Williamson gets to interject anytime she … Read more
by Michael Snyder Why are top officials in both the United States and Russia suddenly being pulled into emergency meetings? At this moment rumors are flying all over the Internet, and we have very little solid information about what is really going on. In this article I will share what we know so far, but … Read more
by DCG From AP: California’s new ammunition background check law began Monday not with a bang but with a whimper from dealers who reported delays and glitches with the state’s online system. But they said few customers were affected because most had stockpiled bullets or shotgun shells in the weeks before the new law took effect. Voters in … Read more
by Ryan McKaken via Mises On Monday, CNN reported on how, in spite of all the talk about job growth in recent years, wealth accumulation and incomes have been significantly and negatively impacted for many groups in the United States. Much of what the article explored has been emphasized ever since the Great Recession started. The impact on younger earners, … Read more
