On Wire

by Shaun Richards Sometimes ideas come to fruition at the time but others have a much longer gestation period. My subject of today is an example of the latter as it was back in March 2012 that Chancellor George Osborne included this in the UK Budget. In light of evidence of strong demand for gilts … Read more

by Daisy Luther “Millenials” have been the butt of a million jokes about incompetence. The generation born between 1981 and 1996 is considered entitled, ultra-liberal, and naive about how life works. But maybe they’ve gotten a bad rap because what no one ever points out is that maybe the issue isn’t with these young people … Read more

via Zerohedge: Forget the trade war, debt, deflation, automation, and artificial intelligence: one of the most significant threats to the global economy and the future of the world as we know it is demographics. A new OECD report, published by International Business Times, said Korea, Japan, Germany, and Italy could see their working-age populations decline to dangerously … Read more

 by John Wilder “That’s an interesting point.  Come on, let’s get into character.” – Pulp Fiction Such stunning bravery and individualism! Not quite a year ago a meme broke out into the wild – the Non-Player-Character (NPC) meme.  The meme originated with video games.  In video games that follow a storyline, there are various characters that exist only … Read more

By Nick Cunningham The U.S. and China appear to be making progress on trade talks ahead of the G20 meeting, but should they fail, the fallout for the oil market could be significant. If the U.S. and China cannot come to an agreement and the trade fight escalates, oil prices could plunge to $30 per … Read more

By The Phoenix Stocks are rallying hard this morning based on the fact CNBC misquoted the Treasury Secretary. Let that sink in for a moment. Treasury Secretary Steve Mnuchin said, “we were about 90% of the way” done on the China deal… in reference to what happened in early May. CNBC quoted him as saying “we are about 90% of … Read more

https://www.youtube.com/watch?v=0O1DfpqNQak Jim Hoft from The Gateway Pundit reports, Rep. Devin Nunes (R-CA), the ranking member of the House Intelligence Committee, went on with Maria Bartiromo on Sunday Morning Futures. During their discussion Rep. Nunes told Maria the FBI was hiding documents from Congress for two-and-a-half years. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…

YES: The winner of the first Democratic debate: Donald Trump. “The Republican commander in chief emerged from the scrap largely unscathed, while several of his would-be rivals took aim at each other instead.” https://www.youtube.com/watch?v=rmhjPSl7BU IRA STOLL: “Last night’s presidential debate disclosed a Democratic Party with no real consensus on a series of major issues.” Well they all agree … Read more

By The Phoenix Well, that’s that… Anyone who was clinging to hopes of a US/China trade deal at this weekend’s G-20 meeting just woke up to find… 1)   President Trump is already talking about hitting China with MORE tariffs if talks fail. 2)   China demanding that the US lift its ban on Huawei as part … Read more

https://www.youtube.com/watch?v=0teh1l5jMH0 Chris Donaldson from I Love My Freedom reports, Mad Maxine Waters has met her match after being smacked down for taking up with Iran by a patriotic member of Congress who was wounded in combat and has little tolerance for loudmouthed ignoramuses trying to score cheap political points. Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/what-a-dis…

by goldsilver Wall Street has become a culture dominated by traders. Their zeitgeist on any particular company/asset can set the direction of a trade for months or years. And, there’s only one thing a Wall St. trader hates more than getting laughed at for being the first guy into a losing trade: Being the last guy … Read more