Spreading the truth. Empowering the people.
via @TaviCosta: You think the Fed is turning dovish? The PBOC has taken it to a whole new level. At the current policy rate differential, USDCNY should be well above 7 … Read more
by reflector globex trading has been halted apparently, no explanation www.zerohedge.com/news/2019-02-26/us-equity-bond-futures-have-st… was globex halted because of a potential palladium failure to deliver? palladium is flat right now: after having surged … Read more
by prosthetic brain Cancers fueled by obesity are on the rise among young adults in the United States and appearing at increasingly younger ages, according to an analysis released Monday by … Read more
By Harry Dent I’ve been waiting for the recent spike in T-bonds in the U.S. A similar spike occurred in the early 1930s crash. Ten-year yields first jumped from 4.5% … Read more
by John Rubino This morning’s jobs report was stronger than expected, which – combined with Amazon’s dramatic increase in its minimum wage to $15/hr — implies rising wages going forward. … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter What will the Bank of Canada do? The Bank of Canada has nudged up its target rate four times, starting July a year ago, from 0.5% … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter When consumer products companies, retailers, oil-and-gas drillers, manufacturers, and other companies complain that shipping goods within the US is confronting them with soaring costs, capacity constraints, … Read more
by John Rubino The dollar collapse thesis – which ends with all fiat currencies achieving their intrinsic value of zero — doesn’t preclude some thrills and chills along the way, … Read more
by John Rubino Dave, the plumber who saves us every six or so months when a leaking pipe, water heater, or toilet threatens to destroy our walls and ceilings, was … Read more
by Tom McClellan Why is the VIX spiking now? Because now is when it is supposed to do that. Volatility and interest rates have an interesting relationship, going back many years. … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Surging home prices have primed the housing market for this. The average interest rate for 30-year fixed-rate mortgages with a 20% down-payment and with conforming loan … Read more
The panicked emails and phone calls began streaming in from community members at about 11 a.m. Thursday morning, inundating Los Angeles immigration lawyers with far more cases than usual. Immigrant advocate groups claim … Read more