Employment, International trade

by WARREN MOSLER Weaker than expected, with the prior two months revised downward by a net 9,000 jobs. In any case employment growth continues its multi-year deceleration that began with the collapse of oil capex: Highlights Hiring cooled though employment levels …

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"At the core of liberalism is the spoiled child — miserable, as all spoiled children are, unsatisfied, demanding, ill-disciplined, despotic and useless. Liberalism is a philosophy of sniveling brats." P. J. O'Rourke

Seeing them as spoiled, overly-indulged children gives the best insight into their behavior. Much of what they ask for stems from the spoiled child’s realization that Mommy and Daddy are kicking them out of the nest soon and they’ll have …

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"If anyone in congress really wanted to know if the FBI paid for the Christopher Steele Dossier, Bill Priestap is the guy who would know."

by sundance Several stories broke yesterday: ?Senator Ron Johnson gains copies of the manipulated/edited FBI small group “talking points” that exonerated Hillary Clinton despite overwhelming evidence.  Johnson is a Senate Judiciary Committee member and remains focused on those specifics. ?Senator Chuck Grassley has …

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ALERT! Comey's original Hillary memo has been released! It shows "evidence of felonies and misdemeanors " BUT Comey later edited that all out!

Ex-FBI Director James Comey’s original statement closing out the probe into Hillary Clinton‘s use of a private email server was edited by subordinates to remove five separate references to terms like “grossly negligent” and to delete mention of evidence supporting felony and …

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It’s Beginning To Look A Lot Like 1937

via Daniel Carter Summary No, not like 1929, 1987, 2001 or 2007. I’ve seen many analyses comparing this economic cycle with those that have ended in tears. Well, I’m no different. The macroeconomic and political conditions today are beginning to resemble …

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Bullish Fund Assets Jump Off The Chart

by Dana Lyons Assets in bullish funds at the Rydex family have soared to uncharted territory – especially relative to dwindling bearish assets. Given the persistent rally in the U.S. equity market in recent months, one might assume that bullish sentiment …

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Don't show President Trump this chart…

Despite the relative freefall in the US Dollar, the US trade deficit disappointed expectations, spiking above $50 billion.   This is the biggest trade deficit since January 2012. https://www.zerohedge.com/news/2018-01-05/trade-deficit-spikes-6-year-high-despite-tumbling-dollar