Edward S. Curtis Zuni Girl with Jar c. 1903 • Saudi Arabia’s Government Purge — And How Washington Corruption Enabled It (IC) • Saudi Arabia Accuses Lebanon Of ‘Declaring War,’ Egypt Calls For Calm (CNBC) • Oil Prices Surge On Saudi Purge (CNBC) • The Black Swan In Plain Sight – Debt Out The Wazoo (Stockman) • What Could Go Wrong? (Jim Kunstler) • Growing Homeless Camps Contrast With West Coast Tech Wealth (AP) • Profiting from Puerto Rico’s
Read More...
Salvador Dalí Figure at a window 1925 • The Next Market Cleanse Will Be Sharp, Deep, Fast (Peters) • Round-Up Of Saudi Princes, Businessmen Widens, Travel Curbs Imposed (R.) • Saudi Arabia Seals Yemen Borders, Accuses Iran Over Missile Strike (AFP) • Paradise Papers Leak Reveals Secrets Of The World Elite’s Hidden Wealth (G.) • Are We Taming Offshore Finance? (BBC) • Queen’s Private Estate Invested Millions of Pounds Offshore (G.) • UK Families Thousands Of Pounds Worse Off
Read More...
Edward S. Curtis Navajo weaver c. 1907 • Senior Princes, One Of World’s Richest Men Arrested In Saudi Crackdown (BBG) • Saudi Arabia Detains Princes, Ex-Ministers After Cabinet Reshuffle (MEE) • Shakeup Stuns Analysts Who Say It Shows Saudis Mean Business (BBG) • Lebanon PM Resigns, Bringing Saudi-Iran Proxy Conflict to the Fore (BBG) • Trump Urges Saudi Aramco to List on New York Stock Exchange (BBG) • China’s Zhou Warns on Rising Financial Risk in Blunt Article (BBG)
Read More...
Claude Monet The house at Yerres 1876 If there is one thing the Spain vs Catalonia conflict reminds us of, it has got to be Turkey. And that is a much bigger problem for the EU than it realizes. First of all, Brussels can no longer insist that this is an internal, domestic, Spanish issue, since Catalan president Puidgemont is in…Brussels. So are 4 members of his government. That moves decisions to be made about his situation from the
Read More...
Henri Cartier Bresson Shanghai 1947 • Funny Facts Friday (David Stockman) • October Payrolls, Average Hourly Earnings Miss Big (ZH) • Record 95.4 Million Americans Not in Labor Force, 968,000 Exit In 1 Month (ZH) • Manafort Money Laundering Charge In Russia Probe May Face Challenges (R.) • Swamp-O-Rama (Jim Kunstler) • How Democrats Can Beat The Republican Tax Cut (Bartlett) • European Arrest Warrant Issued For Catalan Leader Carles Puigdemont (G.) • America’s Opioid Crisis Is About To
Read More...
Edward S. Curtis Tipi in the snow 1908 • Social Security Can Never Run Out Of Money – Just Ask Alan Greenspan (BI) • Inside Hillary Clinton’s Secret Takeover of the DNC (Donna Brazile) • Jay Powell – A Quiet Leader (DDMB) • Why Would Anyone Want The Fed Job? (Crudele) • The Borrower Is The Slave To The Lender (Lance Roberts) • US Manufacturing Worker Productivity Crashes Most In 8 Years (ZH) • Bitcoin Is the ‘Very Definition’
Read More...
Marc Riboud Painting the Eiffel Tower 1953 • The US Isn’t Prepared for the Next Recession (Atlantic) • The New Fed Chair Will Watch an Economy Fraught With Risks (BBG) • The Can Kickers’ Cacophony (Stockman) • New Zealand’s Housing Boom Has Come to an End (BBG) • Australia Mortgage Stress Is Rapidly Increasing (DFA) • Scandinavia Property Markets Are Up 70% But Experts Say There’s No Bubble (BBG) • City Could Lose 10,000 Jobs On Day One Of
Read More...
Jean-Léon Gérôme Slave market 1866 Here’s the story in a nutshell: Ultra low interest rates mark a shift away from people’s wealth residing in their savings and pension plans, and into to so-called wealth residing in their homes, which are bought with ever growing levels of debt. When interest rates rise, they will lose that so-called wealth. It is grand theft auto on an unparalleled scale, and it’s a piece of genius, because while people are getting robbed in
Read More...
Pablo Picasso Blue nude 1902 • Americans Are Officially Freaking Out (BBG) • Mueller Mugs America: The Case Of Baby George Papadopoulos (Stockman) • Some Of The Scariest Charts In Finance To Celebrate Halloween (BV) • Most Of UK Fruit And Veg Is From Other EU Nations, Brexit To Be Dramatic (G.) • Corbyn Has a Plan to Get May’s Tories to Give Up 58 Brexit Secrets (BBG) • Australia’s Housing Boom Is ‘Officially Over’ – UBS (BBG) •
Read More...