Hieronymus Bosch The Conjurer 1502 • Big Banks Continue Winning Streak, With Street at Least (BBG) • ‘It’s Almost An Embarrassment Being An American’ – Jamie Dimon (G.) • US House Backs Massive Increase In Defense Spending (R.) • US Deficits To Jump $248 Billion Over Next Two Years Due To Tax Shortfall (R.) • We Do These Things Because They’re Easy (CHS) • The New Silk Road Will Go Through Syria (Escobar) • One Of Worst Droughts In
Read More...
Pablo Picasso Nude, Green Leaves and Bust 1932 • Global Shares Rise To Record New Highs (R.) • Britain In Worse Shape To Withstand A Recession Than In 2007 (G.) • IMF Warns Canada On Housing, Trade, Rate Hikes (R.) • 40% Of The Fed’s Interest On Excess Reserves Is Paid To Foreign Banks (ZH) • Will Corporate Bonds Cross Over? (DDMB) • Turkey Chooses Russia Over NATO for Missile Defense (BBG) • 100,000 and Counting: No Letup in
Read More...
Vincent van Gogh Vineyards with a View of Auvers 1890 • ‘Investors Underestimate How Low The Bar Is For The Fed’ (CNBC) • Unwinding QE will be “More Disruptive than People Think” (WS) • I Wouldn’t Rule Out Another Financial Crisis – IMF’s Lagarde (CNBC) • The US Stock Market Is 66% Higher Than It Should Be (Kee jr) • Valuation Measures & Forward Returns (Lance Roberts) • Nonprime Mortgages Prove Leery Investors Are Finally Hungry Again (CNBC) •
Read More...
JMW Turner Vignette Study of a Ship in a Storm c.1830 Nicole sent me this video, which I know next to nothing about. I don’t know where it was filmed, or when, or why, nada. But, apart from the fact that listening to Nicole is always interesting, and I haven’t heard her talk nearly enough recently, because we live on opposite ends of the world these days, this is interesting because it relates directly to energy issues that have
Read More...
Paul Cézanne The Card Players 1895 • The Media’s Mass Hysteria Over ‘Collusion’ Is Out Of Control (WaPo) • Donald Trump’s Very Own Big, Fat, Ugly Bubble (Stockman) • Canada’s Housing Boom Expected to Spark Rate Rise (WSJ) • The Return Of The “Minsky Moment” (Rosso) • Martin Luther King’s Economic Dream Changed The Federal Reserve Forever (BI) • Russia Will Retaliate If US Does Not Release Property – Lavrov (R.) • Qatar’s First Shipment of Air-Lifted Cows Lands
Read More...
Max Ernst Santa Conversazione 1921 • Trump Bump for President’s Media Archenemies Eludes Local Papers (BBG) • How Economics Became A Religion (Rapley) • The Breaking Point & Death Of Keynes (Roberts) • Central Banks’ Focus on Financial Stability Has Unintended Consequences (BBG) • Janet Yellen’s Complacency Is Criminal (Bill Black) • ‘We’re Flowing Toward The Path Of 1928-29’ – Yusko (CNBC) • Fresh Fears Of UK Housing Market Collapse (Sun) • The European Union Has a Currency Problem
Read More...
Fred Lyon Anne Lyon getting into her Riley on Nob Hill, San Francisco 1950s • Propaganda-ville (Robert Parry) • Trump Cannot Improve Relations With Russia (PCR) • Comey’s Leaked Trump Memos Contained Classified Information (ZH) • Tales from the FOMC Underground (PT) • Stock Market Tsunami Siren Goes Off (WS) • America Is Struggling With Economic Rot (BBG) • May Appeals To Corbyn For Help In Coming Up With New Ideas (Ind.) • US-Russian Ceasefire Deal Holding In Southwest
Read More...
Hieronymus Bosch St. John on Patmos 1489 • The Trump Effect Turns Every Paper Into A Tabloid (G.) • G20 Launches Plan To Fight Poverty In Africa (AFP) • The Russian Economy If You Aren’t Wearing NATO Night-Fighting Goggles (Helmer) • Britain Isn’t Greece, Prime Minister (BBG Ed.) • Baby Boomers Not Financially Prepared For Retirement (MW) • UK Homebuyers Desperate To Know Who Really Owns Their Freehold (G.) • Wall Street Cash Pumps Up Shale Oil Production Even
Read More...
Canaletto View of the Churches of the Redentore 1750 • ‘Neither Of Them Wanted To Stop’: Trump And Putin Enjoy Successful ‘First Date’ (G.) • US, Russia Agree To Cease-Fire In Southwest Syria Starting Sunday (AP) • Russia Disputes US Claim Trump “Pressed” Putin on Election Hacking (IC) • Trump Says Trade Deal With UK Will Be Agreed “Very Very Quickly” (BBC) • Why the Next Recession will be a Doozie for Consumers (WS) • U.S. Jobs Growth Picks
Read More...
Francis Bacon Triptych 1976 • All Eyes On Trump-Putin Dynamics As They Meet For First Time At G20 (R.) • Deep State Begins Anti-Russia Media Blitz Ahead Of Trump-Putin Meeting • Anti-G20 Protesters Clash With Hamburg Police ‘Like Never Before’ (RT) • The Party Is Over: Central Banks Pull The Plug On Bond Market Rally (CNBC) • Central Bank Easy Money ‘Era Is Ending’ – Ray Dalio (CNBC) • Ray Dalio’s ‘Beautiful’ Deleveraging Delusion (ZH) • ‘It’s Too Late’:
Read More...