Authored by Michael Shedlock via MishTalk, Trump wants to cure trade imbalances via tariffs. It cannot possibly work. Another Look at NAFTA One of my readers proposed that problems US balance of trade issues started with NAFTA. Wrong! Please consider Disputing Trump’s NAFTA “Catastrophe” with Pictures: What’s the True Source of Trade Imbalances? Explaining Balance of … Read more
BY JOHN RUBINO Stock prices are high and fairly stable, while interest rates are low and fairly stable. A casual observer might infer from this that the global financial markets are experiencing one of those fabled Goldilocks moments where everything is just right. But under the surface things are anything but just right. Among the … Read more
by Egon von Greyerz The next explosive phase in the precious metals market has just started. As always is the case, the beginning is so slow that only the wealth preservationists and the gold bugs are seeing it. But since these are less than 1/2% of world financial assets, it means that virtually no one … Read more
We’re in the middle of a cold civil war, it’s begun h/t Annie Oakley
The ruthless jostling for power … the spiraling of government debt & deficits … the cascade of failed (yet still endless) wars … the Fed’s money printing … the promises of FREE everything … None of it will save the Empire. Liberty is the only way out!
Ron Paul Liberty Report, Released on 9/27/19 The ruthless jostling for power … the spiraling of government debt & deficits … the cascade of failed (yet still endless) wars … the Fed’s money printing … the promises of FREE everything … None of it will save the Empire. Liberty is the only way out! Dr. … Read more
Democratic donors on Wall Street and in big business are preparing to sit out the presidential campaign fundraising cycle — or even back President Donald Trump — if Sen. Elizabeth Warren wins the party’s nomination. In recent weeks, CNBC spoke to several high-dollar Democratic donors and fundraisers in the business community and found that this … Read more
By Irina Slav Oil prices fell sharply today after Saudi Arabia agreed to a partial ceasefire in Yemen, the Wall Street Journal reported, citing unnamed sources familiar with the move. The Houthi rebels that Saudi Arabia and the UAE are fighting in Yemen said at the end of last week that drone attacks on Saudi targets would stop … Read more
by Truf_Serum So let’s get this straight Liddle’ Adam Schiff Illegally received the whistleblower complaint Almost immediately after it was filed And maybe BEFORE it was filed Then Is outraged when the committee finally gets it And the transcript And forces the acting DNI, who is a decorated Navy seal And had been on … Read more
Israeli politics remain in chaos after deadlocked election JERUSALEM (AP) — Benjamin Netanyahu has been tasked by Israel’s president to form a new government for the sixth time in his lengthy political career. This time it’s no mere formality, but rather a daunting endeavor that looks like mission impossible. After an inconclusive national election last week, Netanyahu … Read more
A WOMAN who claims she is allergic to WiFi sleeps in a £400 copper sleeping bag and is terrified that the rollout of 5G will kill her. Rosi Gladwell, 70, a self-diagnosed radiation sufferer has spent thousands of pounds protecting herself against WiFi over the years. She believes the electromagnetic radiation from WiFi leaves her … Read more
A new camera with a resolution five times more detailed than the human eye, able to monitor thousands of people in real time and identify individual faces has been unveiled by Chinese scientists, prompting renewed fears about mass surveillance. ABC News in Australia reports that the new 500 megapixel cloud camera AI system, dubbed a ‘super … Read more
by Jess L. We are thrilled to introduce Jess L. as a new contributor to RIA. Jess started her career nearly two decades ago as a market maker at Goldman Sachs, followed by a stint at Merrill Lynch. After that, she moved over to the buy-side as a Portfolio Manager at Caxton Associates before ending … Read more
China Beige Book says Wednesday that results of its third quarter survey are the weakest so far this year. Critically, the firm finds that debt levels remain on the rise, with bond issuance climbing to its highest in the history of the survey and the ratio of so-called shadow banking to overall borrowing the second-highest … Read more
Arizona: Border wall construction begins in southern Arizona https://www.kold.com/2019/09/25/border-wall-construction-begins-southern-arizona/ Texas: Border Wall Construction Underway in Hidalgo Co. https://www.krgv.com/news/border-wall-construction-underway-in-hidalgo-co-/ AC
via UPFINA: Cov-lite loans are loans with fewer covenants. That means they have fewer restrictions for borrowers. A lender might set a covenant based on leverage to ensure the borrower doesn’t fall into trouble. If the borrower violates a covenant, the lender can reprice the loan. As you can see from the light blue line in … Read more
By Patrick Watson Economic growth isn’t random. It comes from individual decisions to buy, sell, or do nothing. We all make dozens every day. Corporate CEOs and CFOs make bigger decisions, like whether thousands of people get hired or a factory gets built. That means, the economy generally does better when business leaders see growth … Read more
https://asia.nikkei.com/Spotlight/Electric-cars-in-China/China-s-NIO-to-receive-1.5bn-state-investment-as-EV-subsidies-fade The Shanghai-based, New York-listed company announced on Tuesday it has entered into a framework agreement with Beijing E-Town Capital to establish a new entity, NIO China, in the city’s economic-technological development area. E-Town Capital, which invests on behalf of the Beijing municipal government’s economic development agency, will acquire a minority stake in NIO China. … Read more
via FT: FTSE Russell will not include China in its flagship government bond index, citing market liquidity and foreign exchange concerns in the country’s $5tn government debt market. The index provider, which released the results of its annual fixed income country classification review on Thursday in New York, said measures taken by Beijing to improve … Read more
