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by Nicole Foss Russell Lee Gas station, Edcouch, Texas 1939Ilargi: Someone linked to this almost 8 year old article from Nicole (July 19 2010), on Twitter. And yes, it’s even more relevant now than it was when she wrote it. So here’s a re-run: … the Smoot-Hawley Tariff Act of 1930 in the US, which drastically raised tariffs on imports, … Read more
by Jim Rickards via Daily Reckoning My thesis is that currency wars are followed by trade wars and then finally shooting wars among major powers. This happened in the 1930s and it seems to be happening again. Currency wars begin in a condition of too much debt and not enough growth. Countries steal growth from their trading partners … Read more
by Harry Dent of Economy & Markets I’ve been ranting for weeks now about it… People don’t understand that sky-high home prices are bad for countries, cities, businesses, and consumers. And only the 62% of people who already own homes are feeling the “bliss” of the bubble. They’re the ones who want prices to keep going up so … Read more
https://youtu.be/XZkn1nQAmLY https://twitter.com/seanmdav/status/1017430122855616512 Strzok called Trump “horrible” and “disgusting” during the same breath in which he said he was unbiased. I don’t have my dictionary in front of me, but I don’t think that’s a “rebuttal.” Gowdy is putting his prosecutorial skills to use Mueller and FBI shutting down congressional inquiries into Strzok anti-Trump bias … Read more
by Wayne Root I have written so many columns detailing the radical views and mental derangement of liberals. It’s hard to believe, but it’s getting worse! Liberal candidate for New York Governor Cynthia Nixon (former star of “Sex and the City”) just went a step further into crazy land. She said, “I can think of no … Read more
by Marshall Swing of The Church of Acts The Commercial Banks are TAKING CARE OF BUSINESS in Asia while all America and the West are sleeping. ***** A very important note, SILVER was NOT THE TARGET Monday night, but since many Speculators and the Commercials tie silver futures and gold futures together in algorithms silver is affected. … Read more
https://www.youtube.com/watch?v=YR421SXbeGk On Tuesday, July 10, 2018, The Young Turks reported on a story of a 91 year old Mexican man in Los Angeles, who was unfortunately, the victim of a heinous crime. At the time, they didn’t have a suspect, yet naturally, Cenk started blaming, “racist white, Trump supporters.” Credit: Sean @ “Actual Justice Warrior” … Read more
by Judgejewdy This lawsuit links the following players: – Clinton foundation – media matters – share blue – David Brock – John podesta – George soros – Jonathan wackrow – Jan gigooly – bill Clinton – Hilary Clinton – and more…… https://dockets.justia.com/docket/district-of-columbia/dcdce/1:2018cv01422/197752 And yet not shockingly the media is silent. Bc, of course, those in … Read more
Do you think interest rate increases make a big difference on people’s finances? Interest rates have increased in Canada and the effects are felt immediately for some risk taking Canadians. Those who have taken on debt in Canada will surely feel the rate hikes which have been coming on. With real estate being so critical … Read more
https://www.youtube.com/watch?v=6ClP8VdtaQA The mainstream media is a complete and utter joke nothing but fake news. TJ
by Kevin Muir of The Macro Tourist I don’t know about you, but I’m worried. The economic cycle is long in the tooth. Equity valuations are stretched. The yield curve is flattening. Emerging markets and other liquidity-sensitive markets are sagging. The Federal Reserve is raising rates while also attempting the never-before-accomplished feat of reversing a decade of quantitative … Read more
by Dr. Eowyn No good deed goes unpunished. A private Italian ship answered a distress call and rescued 67 “migrants” off the coast of Libya. But when the ship tried to hand over the “migrants” to the Libyan coast guard, the “migrants” threatened to decapitate the ship’s crew. Alice Cudder reports for EuroNews that on July 8, … Read more
Canadians Banks caught up in FX price fixing conspiracy Link to article below) https://business.financialpost.com/ne…
by Sven Carlin Summary Great investment returns come from buying things nobody wants to touch with a ten foot pole. Argentina might be such a case. The MSCI Argentina ETF is definitely not the way to get exposure to the Argentinian bargains. A look at the Argentinian stocks traded on the NYSE shows how there are … Read more
https://www.c-span.org/video/?447953-1/fbi-deputy-assistant-director-peter-strzok-testifies-2016-investigations WATCH LIVE ON JULY 12 | 10AM ET | C-SPAN3 https://abcnews.go.com/Politics/fbi-agent-peter-strzok-publicly-testify-capitol-hill/story?id=56526543 FBI agent Peter Strzok, who President Donald Trump has accused of committing “treason,” will testify in public for the first time Thursday and is expected to be grilled about the anti-Trump text messages he sent during the 2016 presidential campaign. Strzok, who led … Read more
by indianleo Earnings season is a very important period of time for investors as well as traders. Every public company posts their quarterly performance or earnings to the public and it generally takes place in January, April, July, and October of every year. During this reporting, public companies generally cover the topics of financial performance, changes … Read more
meanwhile 2s10s .266 2s10s swaps < 10bps 5s30s < 2bps 10s30s already inverted Global 10-Year Yields…
h/t @charliebilello do not look
by Geoffrey Grider Former President Barack Obama is diving into politics once again by appearing in a video warning against the supposed damaging effects of partisan gerrymandering and calling on voters to politicians who support his idea of “fair” redistricting maps. Ah, the dynamic duo of Barack Obama and Eric Holder have resurfaced. You remember them, right? They rose to … Read more
#FANG STOCKS Am I missing something? The fair value calculated by discounted cash flow Shiller P/E or overall P/B ratios are also that high :: what longtime worldwide QE‘s can do Despite the acceleration in U.S. growth, real earnings have steadily fallen since 2015. Real earnings refers to the growth in average hourly earnings … Read more