Aug 232018
 
 August 23, 2018  Posted by at 1:35 pm Finance Tagged with: , , , , , , , , , , ,  6 Responses »
Fixers

Gustave Caillebotte Young man by his window 1875   If there’s one thing that is exposed in the sorry not-so-fairy tale of former Trump aides Paul Manafort and Michael Cohen, it’s that Washington is a city run by fixers. Who often make substantial amounts of money. Many though by no means all, start out as lawyers and figure out that let’s say ‘the edges of what’s legal’ can be quite profitable. And it helps to know when one steps across

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Aug 232018
 
 August 23, 2018  Posted by at 9:28 am Finance Tagged with: , , , , , , , , , ,  6 Responses »
Debt Rattle August 23 2018

Pablo Picasso Seated woman 1903       • The Weaponization of the Dollar (Lebowitz) • Turkey’s Lira Crisis Was Written In Istanbul’s Skyline (G.) • U.S.-China Trade War Escalates As New Tariffs Kick In (R.) • Shooting War With China More Likely Than You Think (Rickards) • Wall Street Marks Longest-Ever ‘Bull Market’ (AFP) • Saudi Energy Minister Denies Aramco IPO Will Be Called Off (R.) • Australia In Crisis As Prime Minister Faces Down Political Coup Attempt (G.)

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Aug 222018
 
 August 22, 2018  Posted by at 9:36 am Finance Tagged with: , , , , , , , , ,  6 Responses »
Debt Rattle August 22 2018

Henri Matisse Laurette in a green robe 1916 • Cohen Pleads Guilty, Says Violated Campaign Law At Direction Of Candidate (ZH) • Paul Manafort Found Guilty On 8 Counts, Mistrial Declared On Other Ten (ZH) • Genocide of the Greek Nation (Paul Craig Roberts) • Call For Two Years Further Freedom Of Movement After Brexit (G.) • Britain Extends Lead As King Of Currencies Despite Brexit Vote (R.) • Bank of England Chief Economist Warns On AI Jobs Threat (BBC)

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Aug 212018
 
 August 21, 2018  Posted by at 8:38 am Finance Tagged with: , , , , , , , , , , , ,  10 Responses »
Debt Rattle August 21 2018

Henri Matisse The painter and his model 1916-17   • China’s Biggest Risk May Be Its Property Market – Not The Trade War (CNBC) • Why Do American CEOs Get Paid So Much? (Galbraith) • Trump Says It Is ‘Dangerous’ For Twitter, Facebook To Ban Accounts (R.) • Trump Worries That Mueller Interview Could Be A ‘Perjury Trap’ (R.) • Trump Demands Fed Help On Economy, Complains About Interest Rate Rises (R.) • UK’s Hunt To Call On Trump To

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Aug 202018
 
 August 20, 2018  Posted by at 1:05 pm Finance Tagged with: , , , , , , , ,  22 Responses »
The Shape of Trump to Come

Pablo Picasso Science and Charity 1897   I thought I’d make list of things we can expect to emanate from the White House over the coming year or so. I’m sure you will agree, wherever you stand on the political roller coaster, that there’s little chance things are going to be boring going forward. Here goes:   Trump will end the ‘monopolies’ of Facebook, Google, Twitter et al. The intelligence community will hate this, but they already hate him anyway,

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Aug 202018
 
Debt Rattle August 20 2018

Henry Bacon General View of the Acropolis at Sunset 1927(?)   • It’s Not Turkey, It’s The Debt Cycle (Steen Jakobsen) • Turkish Firms, Government Face $3.8 Billion Bond Crunch In October: SocGen (R.) • David Stockman: ‘Unhinged White House’ To Cause Stock Market Crash (CNBC) • Trump Is The Unsung Hero Of The World Economy (CNBC) • Greece’s Bailout Is Finally At An End – But Has Been A Failure (G.) • End Of Greek Bailouts Offers Little Hope

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Aug 192018
 
 August 19, 2018  Posted by at 8:36 am Finance Tagged with: , , , , , , , , , , , ,  3 Responses »
Debt Rattle August 19 2018

Pablo Picasso Portrait of Ambroise Vollard 1910   • Anatomy of a Crisis: A Strong Dollar and Disappearing Liquidity (Palisade) • Speculators Will Make Hay From Great Australian Economic Crash (Steve Keen) • Judge Rules FBI Must Address Measures Taken To Verify Steele Dossier (ZH) • White House Counsel “Cooperating Extensively” With Obstruction Probe (ZH) • Erdogan Says US Has Launched ‘Attempted Economic Coup’ (Ind.) • No-Deal Brexit May Force Rethink Of Vote – Ex-Civil Service Head (PA) • Putin

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Aug 182018
 
Debt Rattle August 18 2018

Vincent van Gogh Portrait of Doctor Félix Rey, Arles. Rey disliked his portrait and gave it away 1889   • Furor Over Revoked Security Clearance Grows As Trump Said To Threaten More (G.) • What Was Bruce Ohr Doing? (Strassel) • US Special Counsel Recommends Six Months In Prison For Papadopoulos (R.) • CNN Sues Government To Get Names, Addresses Of Manafort Jurors (TF) • The Three-headed Monster (Kunstler) • Trump Pushes For SEC To End Quarterly Earnings Reports (G.)

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Aug 172018
 
Free The Press

William Hogarth Humours of an Election, Plate 2 1754   Two thirds of Americans want the Mueller investigation (inquisition, someone called it) over by the midterm elections. Trump lawyer Rudy Giuliani has said that if Mueller wants to interview Trump, he’ll have to do so before September 1, because the Trump camp doesn’t want to be the one to unduly influence the elections. Mueller himself appears to lean towards prolonging the case, and that may well be with an eye

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Aug 172018
 
 August 17, 2018  Posted by at 9:37 am Finance Tagged with: , , , , , , , , , , ,  5 Responses »
Debt Rattle August 17 2018

Pablo Picasso Brick factory at Tortosa 1909   • Emerging Markets and US Treasuries (Albert Edwards) • Asia the Next Source of Downside Systemic Risk for Financial Markets (WS) • Trump Says US ‘Will Pay Nothing’ To Turkey For Release Of Detained Pastor (R.) • Lira Rallies As Turkey Pledges Spending Cuts To Avoid IMF Bailout (G.) • Turkish Tremors Will Cause Shocks In Britain (Times) • $125,000: The Pension Debt Each Chicago Household Is On The Hook For (WP)

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