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by WARREN MOSLER Deep in contraction: Looks to be below 2008 levels: So looks like the current tariffs remain. As previously suggested, the US President is narrowly focused on the money he’s collecting, as the tariffs remove $US net financial assets from the global economy and discourages transactions with the US. That is, it all … Read more
It is not every day that a business has to invest in new equipment, but when it does, there is the necessity of going for a solution that will provide them with a stellar performance. This primarily means going for a top brand item in the market, which in all evaluations is never going to … Read more
European Heat Wave Shatters June Records in 6 Nations and France Set a New All-Time Record A major heat wave continues over western Europe. The all-time record highs for June have already been topped in six European nations. An area of high pressure in the upper atmosphere is responsible for the extreme heat. A heat … Read more
The recalls include consumer fireworks brands under dozens of product names. All were made in China. Tens of thousands of fireworks are being recalled for packing too big of a bang. The Consumer Product Safety Commission says the “overloaded fireworks can result in a greater than expected explosion, posing explosion and burn hazards … Read more
Authored by Jot Dantong Ma via MacroPolo.org, Since the first shot in the US-China trade war was fired in March 2018, markets have gyrated and negotiations have sputtered. Yet few have closely examined the extent of China’s retaliatory tariffs on US exports, and more importantly, what a full-blown trade war could mean for US exports. As of today, … Read more
by Troy The stock market has rallied significantly over the past 6 months. Yet every single day we are bombarded with more things to “worry about”. Macro worries, trade worries, yield curve worries, etc. While there are certain pockets of weakness in the U.S. economy, overall the economy is still growing (but at a slower … Read more
By: UGUR NEDIM 27/06/2019 A recent decision by the NSW Supreme Court has paved the way for those who are defamed on social media to take proceedings against not only the poster, but also commercial page administrators. The preliminary decision in Voller v Nationwide News Pty Ltd and others [2019] NSWSC 766 relates to proceedings … Read more
https://www.youtube.com/watch?v=QR47GVtTBfs
Earlier this week, James O’Keefe and Project Veritas confirmed the suspicions of many: Google has plans to meddle in the upcoming 2020 election, as a disturbing new report proved. A senior Google executive was the whistleblower in question, and the report also included leaked documents. Apparently, the company’s goal is to “prevent a Trump situation … Read more
https://www.youtube.com/watch?v=8yJKE8DOqa4 Scott Morefield from The Daily Caller reports, Author and researcher Heather Mac Donald discussed the inconsistencies, timing, and politics surrounding the latest allegations against President Donald Trump on Tuesday night’s edition of “Tucker Carlson Tonight.” Read More/Source/Credit/FairUse: https://dailycaller.com/2019/06/25/he…
If the Fed is watching inflation and employment indicators, then there’s no need to cut rates. If they’re watching the stock market then there’s definitely no need to cut rates. So why is the market pricing in a 100% certainty of rate cut for July? By the numbers: Best June for the Dow since … Read more
A personal loan is amongst the most used financial product in Dubai. These loans are in great demand when compared to other kinds of loans. Personal loan in Dubai can be utilized for any type of need unlike vehicle loan or home loan, which are confined to the purpose they can be obtained for. The … Read more
From Birch Gold Group Is gold on the rise? According to Maggie Fitzgerald over at CNBC, investors are piling into gold. But she isn’t the only one who sees that. Lobo Tiggre over at Kitco shares why he believes the metal is on the rise: After years of failed attempts to break out of its trading rut, gold … Read more
by Dana Lyons While stocks recently soared to new highs, the volatility market stubbornly held its ground; similar situations have – at times – marked significant tops in the past. Some stock market highs are better than others. And at times, the volatility market can give us clues as to the nature of such new … Read more
by Hollywood Rob I was perusing a post from Bill Blain on Zero Hedge this morning at he was discussing the shenanigans that were likely going on in Osaka. That’s not what interested me. What amazed me was the group photo. The Saudi is front and center, trump beside and then Turkey. Merkle is all the … Read more
G20 recap: China got what it wanted (delay). Trump got what he wanted (pump stocks). Huawei got a slight reprieve (face saving). Nothing fundamental changed. Forecast: More of the same until 2020 election. This confrontation has a long way to run. https://t.co/ETb198x3FQ — Jim Rickards (@JamesGRickards) June 29, 2019
…’We conducted a series of large-scale field experiments across the globe to examine how financial incentives influence rates of civic honesty. We turned in “lost” wallets and experimentally varied the amount of money left in the wallets, allowing us to determine how monetary stakes affect return rates across a broad sample of societies and institutions.We … Read more
Would a Falling Stock Market Take Gold Stocks With It?
Italian police arrested 18 individuals for allegedly brainwashing children into thinking that their parents abused them in order to sell them to “foster parents” (abusers). The network included the mayor of Bibbiano, doctors, psychotherapists, and social workers. According to Italian media, the transactions involving children amounted to hundreds of thousands of Euros. Furthermore, it was … Read more
by Simon Black Here’s our Friday roll up of the most absurd and concerning articles we came across this week. Jail time for offensive image in Great Britain Recently some idiot teenager in Britain edited an image of Prince Harry into something that was stupid and racist. This moron clearly intended to be offensive. His photo … Read more