Search

Unbridled Exuberance…

Unbridled Exuberance…
Authored by James Stack via InvesTech.com, From public confidence to bullish sentiment to the normally mundane employment data, the U.S. economy and stock market are reaching historic levels not seen in decades.  Last month, consumer confidence hit its highest level since December 2000.  The percentage of bullish investment advisors recently touched lofty levels that were last reached in January 1987. ... Read More

Morgan Stanley: “If Central Banks Push Back, Asset Prices Face A Severe Challenge”

Morgan Stanley: “If Central Banks Push Back, Asset Prices Face A Severe Challenge”
As increasingly more analysts and Fed-watchers have suggested in recent months, the one catalyst that could send the market into a tailspin is for the Fed to get what it has so long wanted: a sudden spike in inflation. From Albert Edwards (who looks at record U.S. vacation plans as an ominous sign of rising wages), to Eric Peters (who... Read More

Are Cryptocurrencies Inflationary?

Are Cryptocurrencies Inflationary?
Are Cryptocurrencies Inflationary? Posted with permission and written by John Rubino, Dollar Collapse      There’s a debate raging over what, exactly, bitcoin and the thousand or so other cryptocurrencies actually are. Some heavy-hitters are weighing in with strong, if not always coherent opinions:   Jamie Dimon calls bitcoin a ‘fraud’   JPMorgan Chase CEO Jamie Dimon did not mince... Read More

Will Brazil Be The Next Hotspot For Independence Movements?

Will Brazil Be The Next Hotspot For Independence Movements?
Authored by Mike Krieger via Liberty Blitzkrieg blog,   If you’ve read my work over the past several weeks, you’ve probably noticed an increased fascination with secession/independence movements around the world. I think we’re at the very early stages of this developing trend, which will see nation-states across the world fracture for a variety of reasons. The historical significance of... Read More

If Amazon Takes Over The World…

If Amazon Takes Over The World…
Authored by Scott Galloway op-ed via The Wall Street Journal, Four tech giants - Amazon, Apple, Facebook and Google - have added $2 trillion to their combined market capitalization since the 2007-09 recession, a sum that approaches the GDP of India. The concentrated wealth and power of these companies has alarmed many observers, who see their growth as a threat... Read More

Mauldin: Americans Don’t Grasp The Magnitude Of The Looming Pension Tsunami

Mauldin: Americans Don’t Grasp The Magnitude Of The Looming Pension Tsunami
Authored by John Mauldin via MauldinEconomics.com, Total unfunded liabilities in state and local pensions have roughly quintupled in the last decade. You read that right—not doubled, tripled, or quadrupled—quintupled. That’s nice when it happens on a slot machine, not so nice when it’s money you owe. You will also notice in the chart that much of that change happened in 2008. Why... Read More

George Soros And The Politics Of Hope And Hate

George Soros And The Politics Of Hope And Hate
Authored by Matthew Jamison via The Strategic Culture Foundation, The hackneyed international billionaire enigma known by the name of George Soros (redolent of the James Bond villain Blofeld – the head of the sinister shadow government organisation Spectre – in Ian Fleming’s novels) is up to his old tricks yet again in stirring up tensions and trouble to suit his own warped personal, political and financial... Read More

Fed Study Confirms Phillips Curve Is Useless: Admitting The Bloody Obvious

Fed Study Confirms Phillips Curve Is Useless: Admitting The Bloody Obvious
Authored by Mike Shedlock via MishTalk.com, The Phillips Curve, an economic model developed by A. W. Phillips purports that inflation and unemployment have a stable and inverse relationship. This has been a fundamental guiding economic theory used by the Fed for decades to set interest rates. A new Fed Study shows the Phillips Curve Doesn’t Work. A fundamental relationship of... Read More

Seattle’s Minimum Wage Supporters Continue To Ignore The Facts

Seattle’s Minimum Wage Supporters Continue To Ignore The Facts
Authored by Andrew Syrios via The Mises Institute, In what has become a running joke amongst those skeptical of the claim that minimum wage increases have no effect on unemployment, a recent report by the Employment Policies Institute showed that 174 of the 184 co-sponsors of a bill to raise the federal minimum wage to $15 an hour hired unpaid... Read More

Janet Yellen’s Monetary Policy Just Eased 50 bps and She Can’t Be Happy – by Michael Carino – Greenwich Endeavors

Janet Yellen’s Monetary Policy Just Eased 50 bps and She Can’t Be Happy – by Michael Carino – Greenwich Endeavors
  Over the last two months, the Fed has tried to continue to communicate that they plan on raising rates up to at least 3% and reduce their balance sheet by trillions.  They just raised the Fed Funds rate by 25 bps to 1.25%. However, long term rates rallied by 50 bps!   And the short end of the interest rate... Read More