Soros Foundation Leaving Hungary

BUDAPEST (Reuters) – George Soros’ Open Society Foundations will close their office in Budapest and move their eastern European operations to Berlin, Austria’s Die Presse newspaper reported on Thursday. Hungarian Prime Minister Viktor Orban has blamed Soros, a Hungarian-born U.S. …

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Worldwide Debt Default – Michael Pento

https://sdbullion.com http://www.silverdoctors.com/precious… The yield curve will invert, leading to a shrinking of the money supply, and a recession later this year, Michael Pento of Pento Portfolio Strategy tells Silver Doctors. He says bonds currently are the “most mispriced assets in …

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SHOCK: PEAK S&P500 P/E MULTIPLE?

via the MacroTourist Let’s talk earnings for a bit. Specifically, how the 2017 tax cut affected S&P 500 earnings. We all know the story. America’s corporate tax rate was uncompetitive and created distortions in the economy that prevented companies from investing …

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