Eurozone, Japan And China Are Slowing Down

#JAPAN JUN PRELIMINARY PMI MANUFACTURING: 53.1 V 52.8 PRIOR *Export orders index declines for first time since Aug 2016 in a warning sign about overseas demand❗ *Link: https://bit.ly/2K6u9K0 COPPER: down -17.5% in 2018, the Chinese have not been able to …

READ MORE

WHY TRADE WARS? Back in the 1970s…

  1/Americans get addicted to #consumption 2/#Manufacturing goes overseas for cheap #labor/trade deals 3/The US imports cheap goods in exchange for #dollars (creates deficit) 4/Foreign countries take excess dollars & buy US #debt (#treasuries) 5/Debt demand suppresses #interestrates 6/Low interest …

READ MORE

A strong quarter. Good news. For the time being. Profits growing faster than the long-run trend now. A reversion to the mean is likely to come in a few quarters.

Pavel Kohout: Daniel Lacalle: The Federal Reserve balance sheet expansion created a massive financial asset bull market. Now, market participants need to adjust their expectations. So far we have only seen a minuscule balance sheet reduction… and investor mindset has …

READ MORE

IMF Projects Venezuela Inflation Will Hit 1 Million Percent In 2018 With A Cup Of Coffee Now Costing $1.4 Million Bolivars (Germany’s Weimar Republic Redux)

via confoundedinterest: Perhaps Venezuelan President Nicolas Maduro wanted to go down in history as having the WORST hyperinflation in history. If that was his goal, he is doing quite well! (Reuters) – Venezuela’s inflation rate is likely to top 1,000,000 percent …

READ MORE

HANNITY: It’s Official, Obama’s DOJ ABUSED FISA COURT to Spy on Trump Campaign

SOURCE: https://www.hannity.com/media-room/hannity-its-official-obamas-doj-abused-fisa-court-to-spy-on-trump-campaign/ Here is the kicker… Obama’s DOJ is STILL the DOJ! We need to clean house. Rod Rosenstein needs to be relieved of his position. Put on leave or demoted to a meaningless position while investigations are conducted that will …

READ MORE

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads to provide free content and sustain our operations. By turning off your ad blocker, you help support us and ensure we can continue offering valuable content without any cost to you.

We truly appreciate your understanding and support. Thank you for considering disabling your ad blocker for this website