Franco Fontana Praga 1967 • Emerging Market Currencies Feel The Heat As US Economy Brightens (SCMP) • Two-Thirds Of Americans Believe It’s A Good Time To Buy A Home (MW) • Obamacare Premiums May Soar As Much As 91% Next Year (ZH) • Which Hunt? (Jim Kunstler) • The Donald’s Fabulous Fiscal Folly, Wall Street’s Wile E. Coyote (Stockman) • Trump To Unveil Iran Decision Tuesday; Europeans Move His Way (R.) • State Dept.: Giuliani Doesn’t Speak For US
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John French Sloan Sunday, Women Drying Their Hair 1912 • Behold The Sudden Stop. Risk of Emerging Markets Collapse (Lacalle) • Dollar Surge Bringing Emerging Market Rate Cut Cycle To A Halt (R.) • WTF Just Happened to Argentina’s Peso? (Fernet) • Remedies Trump Prescribes For Trade Problems Harm US (Xinhua) • In the Coming Crash We’ll be Falling from a Higher Height – Nomi Prins (USAW) • Mueller Investigation is In Jeopardy (ZH) • Why The Justice Department
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Paul Klee In the Houses of Saint Germain 1932 • The Rising Dollar Will Trigger Next “Systemic Banking Crisis” – Napier (ZH) • Warren Buffett Compares Bitcoin To ‘Rat Poison Squared’ (Ind.) • UK Rates Will Stay Low For A Very Long Time (G.) • Trump White House Accuses China Of ‘Orwellian Nonsense’ (G.) • US Prosecutors Allege Ex-CEO of VW Knew All About Diesel Cheating (BBC) • US Freezes Funding For Syria’s “White Helmets” (CBS) • The U.S
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Edgar Degas Landscape with Path Leading to a Copse of Trees 1890-92 • 40% Unemployment Ain’t Awesome (Stockman) • The Next Recession Is Closer Than You Think (Cook) • US Lays Down A List Of Trade Demands To China (CNBC) • Theresa May Under Pressure To Ditch New Immigration Clampdown (Ind.) • 150,000 UK ‘Mortgage Prisoners’ Need Help To Escape Expensive Deals (Ind.) • Argentina Hikes Interest Rates To 40% Amid Inflation Crisis (Ind.) • Judge In Manafort Case
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Gutzon Borglum Mount Rushmore, Repairing Lincoln’s nose 1962 Dr. D figured his last missive was a bit heavy handed. So he went for something lighter this time. A penance, a doctor’s guide: “It’s hard enough to find a candidate that will even promise to do something right so it doesn’t help that they do the opposite 90% of the time.” Dr. D: Who wrote “We hold these Truths to be self-evident, that all Men are created
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Herri met de Bles c1510-after 1555 Saint Jerome medidating • Fed’s QE Unwind Accelerates Sharply (WS) • The Root of It All (Batnick) • Tesla Is A Zombie Company (F.) • With No Letup In Home Prices, The California Exodus Surges (MW) • Demand For US Soybeans Remains Strong Despite China (CNBC) • US Charges VW Ex-CEO With Conspiracy And Fraud (G.) • Mueller’s Questions for Trump Show Folly of Special-Counsel Appointments (NR) • Why We Need To Be
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Daniel Garber Buds and Blossoms 1916 • Stock Market Unimpressed By Best First-Quarter Results In 24 Years (MW) • Whole Thing Will Come Tumbling Down – Charles Nenner (USAW) • EU to Fight Back Against China’s Growing Trade Dominance (BBG) • China Shuns US Soybeans (BBG) • Elon Musk Acted Like A Jerk, And Tesla Stock Paid The Price (MW) • UK’s May Faces Local Election Losses As Key Brexit Tests Near (R.) • May in Crisis With Cabinet
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Edvard Munch Separation 1894 Tomorrow, May 3, across England, in local elections more than 4,000 seats are being contested in around 150 councils – including all 32 London boroughs. Mayoral elections are also taking place in Hackney, Lewisham, Newham, Tower Hamlets. GOOD! That is Britain’s chance to tell Theresa May and her racist bigoted tribe to go take a hike. But if that doesn’t happen, beware. “The Biggest Election Threat Facing Labour Is Complacency”, headlines the Guardian’s Owen Jones,
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Brassaï The Sun King 1930 • There’s a New Curve in Town and It’s Flashing Red (BBG) • Trump Says Kim Summit Details To Be Unveiled Within Days (AFP) • Apple Delivers Best-Ever Second Quarter Despite Sales Worries (G.) • More Evidence Emerges That Apple Is Killing iPhone X – Analyst (CNBC) • Nissan Shocks With 28% Sales Plunge (BBG) • The Biggest Player in the History of the World (Alistair Crooke) • Debt Is The Great Threat To
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Théodore Géricault Prancing Grey Horse 1812 • The US Just Borrowed $488 Billion, a Record High for the First Quarter (BBG) • The Global Debt Addiction: China’s Out of Control Debt (GT) • Governments Are Nothing Like Households (Coppola) • St. Louis Fed: Bitcoin is ‘Like Regular Currency’ (Fortune) • US Extends Tariff Exemptions For European Union And Other Allies (CNBC) • Brexit Talks At Risk Of Collapse Over Irish Border (G.) • South Korea President Says Trump Deserves
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