Jun 112018
 
Debt Rattle June 11 2018

FacebookGoogle+TwitterLinkedin Pierre-Auguste Renoir Les parapluies 1880-86   • Debt Clock Ticking (Mauldin) • Southern Mayors Defy Italian Coalition To Offer Safe Port To Migrants (G.) • Italy’s New Finance Minister Rules Out Leaving Euro (Pol.eu) • In The Western World Truth Is An Endangered Species (PCR) • Will Bilderberg Still Be Relevant As The Future Of War Is Transformed? (G.) • Saudi Arabia Suffers Shock Collapse In Inward Investment (F.) • French Farmers Start Refinery Blockade Over Palm Oil Imports

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Jun 102018
 
 June 10, 2018  Posted by at 7:33 pm Finance Tagged with: , , , , ,  
When Trump Met Fibonacci. And Won.

FacebookGoogle+TwitterLinkedin Edouard Manet A Bar at the Folies-Bergère 1882   Something curious happened during the Trump love fest at the G7 over the weekend. And I don’t think many people would have got it. In fact the entire western press, far as I could see, were blaming Trump for the dissolution of the treaties and whatall that the political class had worked so hard on for 50+ years. But when you look at the whole thing from an energy level,

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Jun 102018
 
 June 10, 2018  Posted by at 8:58 am Finance Tagged with: , , , , , , , , , , , , ,  
Debt Rattle June 10 2018

FacebookGoogle+TwitterLinkedin Paul Gauguin The Day of the God 1894   • Is The Existing Banking System Coming To An End? (Ren.) • The Credit Cycle Will Be The EU’s Undoing (Macleod) • China is in Trouble (Mises) • How To Plan For Next Round Of Fed Interest Rate Hikes (Freep) • Trump Open To US Embassy In Pyongyang, North Korea (Axios) • Trump Backs Out Of Joint G7 Communique With Attack On Trudeau (Ind.) • One ‘Rant,’ Rough Talks Sour

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Jun 092018
 
 June 9, 2018  Posted by at 12:37 pm Finance Tagged with: , , , , , , , , , ,  
All US Homes Are Overvalued

FacebookGoogle+TwitterLinkedin Dorothea Lange Children and home of cotton workers at migratory camp in southern San Joaquin Valley, CA 1936   My long time pal Jesse Colombo, now at Real Investment Advice, recently linked on Twitter to a Zero Hedge article, which quoted CoreLogic as saying more than half of American homes are overvalued. CoreLogic calls itself “a leading provider of consumer, financial and property data, analytics and services to business and government.” Well, CoreLogic is way off. All American homes

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Jun 092018
 
 June 9, 2018  Posted by at 8:16 am Finance Tagged with: , , , , , , , , , ,  
Debt Rattle June 9 2018

FacebookGoogle+TwitterLinkedin Edward Hopper Summertime 1943   • Why Trump Is Targeting G-7 Nations On Trade (MW) • More Than Half Of American Homes Are Overvalued, CoreLogic Warns (ZH) • America Is House-Rich But Cash-Poor (MW) • Cities Struggle To Fend Off “Unstoppable Juggernaut” Of Chinese Homebuyers (ZH) • The Summer of Discontent (Jim Kunstler) • Facebook Shared Sensitive User Info Via “Secretive” Data Deals (ZH) • Canada First G7 Nation To Make Marijuana Legal (G.) • Trump Voices Support For

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Jun 082018
 
Debt Rattle June 8 2018

FacebookGoogle+TwitterLinkedin B-25s fly past erupting Vesuvius, Italy 1944   • Why Bringing Assange Home Would Be The Best Possible Thing For Australia (CJ) • Julian Assange Gets Embassy Visit From Australian Officials (ITV) • Ben Bernanke: US Economy To Go Off The Cliff In 2020 (ZH) • The Return Of King Dollar Could Create A Feeding Frenzy For US Stocks (MW) • Trouble Brewing in Emerging Markets (Rickards) • Deutsche Bank’s Junk Bond Firesale (ZH) • China Trade Surplus Falls,

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Jun 072018
 
 June 7, 2018  Posted by at 8:17 am Finance Tagged with: , , , , , , , , , , ,  
Debt Rattle June 7 2018

FacebookGoogle+TwitterLinkedin Ivan Aivazovsky Stormy Night at Sea 1850   • Is Draghi Risking Everything To Teach Rome A Lesson? (ZH) • The Next Economic Crisis Begins in the European Union (Bruno) • David Stockman: Stocks Will Plunge 50% In This ‘Daredevil Market’ (CNBC) • Euro Recovers On Rising Bets ECB May Unwind Stimulus (R.) • Indonesia Joins India In Begging Fed To Stop Shrinking Its Balance Sheet (ZH) • Fed Clambers Back To Positive Real Rates, Now Debate Is When

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Jun 072018
 
 June 7, 2018  Posted by at 2:24 am Finance Tagged with: , , , , , , , , , , ,  
Debt Rattle June 6 2018

FacebookGoogle+TwitterLinkedin Vincent van Gogh The good Samaritan (after Delacroix) 1890   • UK House Prices Have Soared 100-Fold Since 1966 (CityAM) • No Need To Buy US Gas At Triple The Price, Will Buy From Russia – Austria (RT) • European Businesses Advised To Avoid Using British Parts Ahead Of Brexit (Sky) • Volatility May Hit Wall Street As Alphabet, Facebook Leave Tech Sector (R.) • China’s Debt Default Avalanche (ZH) • Turkey Escalates Row With Greece Over ‘Putschist’ Soldiers

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Jun 072018
 
Everything That Dies Does Not Come Back

FacebookGoogle+TwitterLinkedin Charles Sprague Pearce The Arab jeweler c1882     There are a lot of industries in our world that wreak outsized amounts of havoc. Think the biggest global banks and oil companies. Think plastics. But there is one field that is much worse than all others: agro-chemicals. At some point, not that long ago, the largest chemical producers, who until then had kept themselves busy producing Agent Orange, nerve agents and chemicals used in concentration camp showers, got the

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Jun 052018
 
 June 5, 2018  Posted by at 8:40 am Finance Tagged with: , , , , , , , , , , , , ,  
Debt Rattle June 5 2018

FacebookGoogle+TwitterLinkedin John French Sloan East Entrance, City Hall, Philadelphia 1901   • Carbon Bubble To Destroy Trillions Of Dollars Of Global Wealth (Ind.) • The Effects Of Trump’s Steel Tariffs On Red State Energy (F.) • US Firms To Pour $2.5 Trillion Into Buybacks, Dividends, M&A This Year (CNBC) • India Central Banker Sees Sudden “Evaporation” Of Dollar Funding (ZH) • China’s Debt Crackdown To Hurt Emerging Markets, Oil, Metals – Fitch (R.) • Italy’s Long, Hot Summer (Carmen Reinhart)

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