by John Mauldin For a couple of years now, the economic narrative has shown a comparatively strong US against weakness in Europe and some of Asia (NOT China). The US, we are told, will stay on top. I agree with that, as far as it goes… but I’m not convinced the “top” will be so great. … Read more
by Shaun Richards As we arrive in the UK at “meaningful vote” day which seems about as likely to be true as a Bank of England “Super Thursday” actually being super the real economic news comes from the heart of the Euro area. So here it is. According to first calculations of the Federal Statistical … Read more
Another year, another set of resolutions. From losing weight to spending more time with loved ones, setting resolutions is a time-honored tradition for many of us. Aside from the usual diet and exercise goals, many are also aspiring to make 2019 a year of financial resolutions. According to Fidelity Investments’ annual survey, around 32% of … Read more
by John Ward Today is a day for counting the numbers – and while numbers aren’t everything, they do count if we really are to become a Nation governed for the needs of the contributory Many. Ideologues of Left, Right, globalism and neoconservatism represent the contemporary narratives obeyed by most….but accepted by a dwindling minority. This … Read more
by Troy The U.S. stock market has done well throughout the first half of January 2019. With earnings season just ahead and the stock market under its 200 day moving average, the high probability of a pullback/retest remains. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term … Read more
by follyboyz The UK and the US have wanted to do this for a long time. Australia is the first to do it. Essentially, law enforcement will be guaranteed backdoors for encrypted data, making it easier to see confidential information from selected targets. via extremetech: Australia is now the first Western nation to ban security, following a … Read more
Photo by Bank of England | CC BY From Birch Gold Group This week, Your News to Know rounds up the latest news involving gold and the overall economy. Stories include: Goldman raises its 2019 forecast for gold, gold will continue to shine in the face of growing risks, and ten reasons why gold will remain above $1,250 in 2019. … Read more
via paloaltoonline: Dennis Backlund spends most nights lying awake wondering where he’s going to live. Soon the day will come when he must leave his longtime home at the President Hotel Apartments as part of a mass eviction of every tenant of the historic, 75-unit building in downtown Palo Alto. “I don’t know what I’m going … Read more
by Lance Roberts As the trumpets sound to signal the start of earnings season, the battle between fundamentals and “hope” begins. While earnings expectations have weakened markedly in recent months, the bulls remain steadfast in their belief the market correction is now over. As I discussed in this past weekend’s missive : “‘The stock market just got off to its best start in 13 … Read more
via sciencealert: A defining trend in human intelligence tests that saw people steadily obtaining higher IQ scores through the 20th century has abruptly ended, a new study shows. The Flynn effect – named after the work of Kiwi intelligence researcher James Flynn – observed rapid rises in intelligence quotient at a rate of about 3 IQ points per decade in the 20th … Read more
Yet another indicator pointing to a recession. Like I have said hundreds of times. I’m not saying that it’s going to happen. I’m simply providing the data. If the central banks print more money, the stock market can break previous record highs. If trade issues get a meaningful resolution, stocks can go temporarily higher. But … Read more
Jan. 15, 2019 – 4:05 – The Daily Caller video columnist Stephanie Hamill weighs in. Watch the latest video at foxnews.com https://video.foxnews.com/v/5989554497001/?#sp=show-clips
#JOURNALISM: Press Outlets Dunk on Rand Paul for Going to Canada, Land of ‘Socialized Medicine,’ for Surgery. But the Clinic Is Private. Some media outlets and activists are suggesting that Sen. Rand Paul (R–Ky.) is guilty of hypocrisy because he will travel to Canada for surgery related to his 2017 assault at the hands of … Read more
by KaliforniaX It’s even worse than many people feared. In their economic update, the Trudeau Liberals have announced a series of measures that add up to a $600 million media bailout. Instead of letting the Canadian People pick and choose which media companies to support freely, the Trudeau Liberals are forcing you to bail out … Read more
Yes, there is such a thing as “Fake News,” as anybody knows who even occasionally watches cable news channels or reads newspapers like The New York Times and Washington Post. But what about Fake News that was planted by non-media sources? Turns out, according to a new study reported by Science Advances, that prolific social … Read more
SHADI HAMID: Obama and the Limits of ‘Fact-Based’ Foreign Policy. “How America’s best and brightest once again steered the country to failure.” There’s a lot wrong with this article, but a couple gems, too. The problem, well before negotiations even started, was the initial decision to treat Iran’s nuclear program as the top U.S. priority in the … Read more
WELL, OF COURSE: Media turns blind eye to Dems’ jaunt to PR during shutdown. Remember Jim Treacher’s profound wisdom: CNN’s CHRIS CILLIZZA: Republicans are losing the shutdown blame game — and they can’t do anything about it. Imagine going to bed every night, having the same nightmare, waking up, hoping you will sleep peacefully the next … Read more
What does China own in the US? from CNBC. via CNBC: Chinese foreign direct investment into North America and Europe fell by 73 percent to a six-year low in 2018, Baker and McKenzie said. That’s as the United States tightened the security of deals and Chinese restrictions on outbound investment bit, the law firm said. … Read more
by DCG As reported by Oregon Live: A proposal by two Oregon lawmakers to require permits for all gun owners is generating buzz online and among Republicans at the Capitol, even before it’s scheduled to be introduced at the Legislature on Monday. It’s the brainchild of student activists connected to the movement that grew out of Marjory Stoneman Douglas … Read more
by Ron Paul One of the new Democratic House majority’s top priorities is so-called campaign finance reform legislation. Contrary to the claims of its supporters, campaign finance reform legislation does not limit the influence of powerful special interests. Instead, it violates the First Amendment and burdens those seeking real change in government. The First Amendment of … Read more