Carl Mydans Pearl Harbor 1940 • Hawaii Panics After False Alert Of Incoming Missile (AFP) • Rising Rental Rates Suppress Consumer Demand (Roberts) • The Chinese Are Now Spending As Much As Americans (ZH) • China To Step Up Banking Oversight In ‘Arduous’ Fight On Financial Risks (R.) • EU Set To Target UK’s Overseas Tax Havens (Ind.) • Historic Brexit Vote Could Be Reversed, Admits Nigel Farage (O.) • Globalization Is Stuck In A Trap. What When It
Read More...
Rembrandt van Rijn The flight into Egypt – a night piece 1651 • The Household Debt Ticking Time Bomb (IRD) • The Stock Market Never Goes Down Anymore (BBG) • Fed Pays Banks $30 Billion on “Excess Reserves” for 2017 (WS) • Fed’s Rosengren Faults Inflation Target, Warns Of Harm (R.) • Goldman Warns Treasury Issuance To More Than Double In 2019 (ZH) • The Company That Runs Britain Is Near To Collapse. Watch And Worry (G.) • Spanish
Read More...
Do these people ever consider this perhaps helps Trump? The Man’s on Fire! • Bitcoin Steadies But Set For Worst Weekly Slide Since 2015 (BBG) • Cryptos Surge As South Korea Backs Away From Trading Ban (ZH) • South Korea Is Talking Down The Idea Of A Cryptocurrency Trading Ban (CNBC) • China’s Trade Surplus With The US Hit A Record High In 2017 (CNBC) • China Sets New Records for Gobbling Up the World’s Commodities (BBG) • Household
Read More...
Gutzon Borglum Repairing the Face of Abraham Lincoln, Mount Rushmore 1962 • Japan Will Trigger ‘The Great Unwind’ – Albert Edwards (MW) • Central Banks Ready To Pop The ‘Everything’ Bubble (Smith) • The $50 Trillion Question for Bonds (BW) • China Weighs Slowing or Halting Purchases of US Treasuries (BBG) • Is Beijing Bluffing On Treasuries? (BBG) • South Korea’s Largest Cryptocurrency Exchanges Raided For Tax Evasion (R.) • South Korea Preparing Bill That Will Ban All Cryptocurrency
Read More...
Giorgione The Tempest 1508 Happy belated new year. Belatedly. Thought I’d sit out a few days, since there wasn’t much news to be expected. And it did pan out that way, other than Trump bogarting the limelight; but then, that isn’t really news either. Anything he says or does triggers the expansive anti-Donald echo chamber into a daily frenzy. And frankly, guys, it’s not just boring, but you’re also continuously providing him with free publicity. At least make him
Read More...
Ansel Adams The Tetons and the Snake River 1942 • Is Bank of Japan The Latest To Take The Punch Bowl Away? (CNBC) • Fed Officials Are Scrambling To Figure Out How To Fight Next Recession (BI) • Market Could Be Headed For A ‘Melt-Up’ Of 30% – Bill Miller (CNBC) • People Have A Hard Time Even Imagining How The Market Could Decline (ZH) • World Bank Issues Warnings On Interest Rates And Inflation (G.) • South Korea’s
Read More...
Thomas Abercrombie Beirut 1957 • Americans Wait For Tax Refunds Before Seeing A Doctor (BBG) • US Has The Worst Rate of Child Mortality Among 20 Rich Nations (CNBC) • Chapter 11 Bankruptcies Spike 107% from a Year Ago (WS) • The New Gilded Age: First Time Arrogance, the Second Time Vengeance (Rosen) • Retail Investors Are Finally True Believers with Record Exposure (WS) • iPhone Addiction May Be A Virtue, Not A Vice For Investors (R.) • ‘It
Read More...
James Karales Selma to Montgomery March Alabama 1965 • Beijing’s Yuan Ambitions Look Dashed (BBG) • Two Major Apple Shareholders Push for Study of iPhone Addiction in Children (BBG) • New Jersey Poised To Bar Drunken Droning (R.) • South Korea Inspects Six Banks Over Crypto Currency Services To Clients (R.) • Bitcoin Futures Traders Are Quietly Building A Big Short Position (ZH) • Australia Forecasts 20% Iron Ore Price Drop In 2018 (R.) • Australia Government Can’t Supply
Read More...
Edward Hopper Gloucester Beach, Bass Rocks 1924 UPDATE: There still seems to be a problem with our Paypal widget/account that makes donating -both for our fund for homless and refugees in Greece, and for the Automatic Earth itself- hard for some people. What happens is that for some a message pops up that says “This recipient does not accept payments denominated in USD”. This is nonsense, we do. We notified Paypal weeks ago. We have no idea how many
Read More...
Pablo Picasso Acrobat 1930 UPDATE: There still seems to be a problem with our Paypal widget/account that makes donating -both for our fund for homless and refugees in Greece, and for the Automatic Earth itself- hard for some people. What happens is that for some a message pops up that says “This recipient does not accept payments denominated in USD”. This is nonsense, we do. We notified Paypal weeks ago. We have no idea how many people have simply
Read More...