Hungary CenBank chief Matolcsy calls Euro a trap. Urges exit option. Two decades after the euro’s launch, most of the necessary pillars of a successful global currency are still missing.

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Hungary CenBank chief Matolcsy calls Euro a trap. Urges exit option. Two decades after the euro’s launch, most of the necessary pillars of a successful global currency are still missing. Most eurozone countries fared better before Euro than they did w/ it. https://t.co/askb0HnZ3g pic.twitter.com/k3Np5hjQM6 — Holger Zschaepitz (@Schuldensuehner) November 4, 2019   The Euro Is … Read more

China indicates that it will aim to buy $20 billion in U.S. farm goods in the first year of an initial deal. But if the trade war hadn’t started, China’s 2020 purchases would have exceeded $27 billion

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China indicates that it will aim to buy $20 billion in U.S. farm goods in the first year of an initial deal. But if the trade war hadn't started, China’s 2020 purchases would have exceeded $27 billion https://t.co/LGJqg5G8yI — Win Smart, CFA (@WinfieldSmart) November 4, 2019

Long-time market Perma-Bull Edward Yardeni is concerned stocks are getting too expensive… Blackstone strategist Joseph Zidle : The ‘mother of all bubbles’ could blow up the economy if profits don’t improve

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Long-time market bull Edward Yardeni is concerned stocks are getting too expensive. If the S&P 500 forward earnings multiple ticks to 19 or 20, the Yardeni Research president warns a it could spark a “nasty correction.” Right now, the index is at 17. The historic norm is 15 to 16. “I just don’t want too … Read more

Latest weekly data show major Central Banks’ balance sheet flat-lining. Major players not yet moving in sync, the overall direction of travel is encouraging.

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Latest weekly data show major Central Banks’ balance sheet flat-lining. Major players not yet moving in sync, the overall direction of travel is encouraging. #Fed is re-engaging QE #BOJ liquidity provision increased and #ECB liquidity is shrinking slower : act@liquidity.com info pic.twitter.com/xBIoaGMxd4 — CrossBorder Capital/ GLIndexes (@crossbordercap) November 4, 2019 Latest UK Liquidity data from … Read more

uh oh trouble

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US Factory Orders Slump In September, Biggest Contraction Since July 2016 https://t.co/9GTRnspa45 — zerohedge (@zerohedge) November 4, 2019 Start paying attention to the consumer. Big under performance emerging over past two weeks. Consumer services vs. $SPX pic.twitter.com/a27OVG1l4o — Teddy Vallee (@TeddyVallee) November 4, 2019 uh oh trouble https://t.co/RJirCPs9VX — Alastair (@StockBoardAsset) November 4, 2019 ICYMI: … Read more

President Trump BOOED AGAIN At MLB Game – There’s Just ONE Problem

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https://www.youtube.com/watch?v=uV6h1ej3tog Dave Urbanski from The Blaze reports, It appears Washington Nationals’ fans weren’t done expressing their disdain for President Donald Trump. A bunch of them made headlines Sunday when they booed and chanted “lock him up” at Trump, who attended Game 5 of the World Series between the Nationals and the Houston Astros at Nationals … Read more

Comedian Banned From Banking

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Today, a comedian called Dick Masterson had his bank account terminated for the second time this month, first by Bank of America. He alleges that customer support told him that Discover ordered Chase to end his merchant account. This complicates matters as this can potentially effect payouts for users on his alternative crowdfunding website, NewProject2.