Francis Bacon Three Studies of Lucian Freud 1969 • European Central Bank Sticks To Low Rate Monetary Policy (R.) • Bill Gross Is Worried Central Banks Will Lead The World Into Recession (CNBC) • EU Threatens Poland With ‘Nuclear Option’ Over Supreme Court Control (Ind.) • Germany Steps Up Economic Pressure On Turkey In Rights Row (R.) • Britain Hasn’t Been This Risky in 40 Years (BBG) • Concorde Was The Flying Brexit (G.) • Why The Moaning? If
Read More...
Margaret Bourke-White Breadline, Kentucky 1937 • Trump Ends CIA Arms Support For Anti-Assad Syria Rebels (R.) • Did the City of London Just Press the Panic Button on Brexit? • Single Payer Is The Only Real Answer, Says Medicare Architect (IC) • Deutsche Bank Expects Subpoenas Over Trump-Russia Investigation (G.) • Asia’s Coal-Fired Power Boom ‘Bankrolled By Foreign Governments And Banks’ (G.) • When Does a Home Become a Prison? (FAFC) • Saudi-Led Bloc Drops List Of Demands For
Read More...
US photographer Margaret Bourke-White on top of the Chrysler Building, NYC 1931 • America Makes China Great Again – People’s Daily (CNBC) • Pentagon Report Declares US Empire ‘Collapsing’ (Nafeez Ahmed) • A Government Can Always Afford High-Quality Health Care Provision (BIlbo) • US Dollar Will Rebound In The Second Half Of 2017 – JPMorgan (CNBC) • Foreigners Snap Up Record Number Of US Homes (CNBC) • Big Australian Banks Told To Hold More Capital, On Notice Over Mortgages
Read More...
Hieronymus Bosch Ascent of the Blessed c1510 Reading the news on America should scare everyone, and every day, but it doesn’t. We’re immune, largely. Take this morning. The US Republican party can’t get its healthcare plan through the Senate. And they apparently don’t want to be seen working with the Democrats on a plan either. Or is that the other way around? You’d think if these people realize they were elected to represent the interests of their voters, they
Read More...
Piet Mondriaan The Flowering Apple Tree 1912 • US Senate Will Vote To Repeal Obamacare Without Replacement (G.) • There Has Been Just One Buyer Of Stocks Since The Financial Crisis (ZH) • People Buy Payments – Not Houses (Roberts) • Student Debt Is a Major Reason Millennials Aren’t Buying Homes (BBG) • US Student Loans Worth Billions Are Getting Erased On A Technicality (ZH) • UK Students Should Not Try To Pay Off Loans Early (G.) • Fears
Read More...
Willem de Kooning Woman III 1953 • Donald Trump Approval Rating At 70-Year Low (G.) • China Blacklists Winnie the Pooh (CNBC) • Private Equity Fund Once Valued at $2 Billion Is Now ‘Nearly Worthless’ (R.) • The Credit Bubble Only Seems To Blow Larger And Larger (Exp.) • United Arab Emirates Behind Hacking Of Qatari Media That Incited Crisis (AP) • Australia Moves To Dial Down Financial Stability Risks In Home Loans (R.) • EU: May Should Make
Read More...
Piet Mondriaan The Grey Tree 1912 • Global Stocks Soared $1.5 Trillion This Week – Now 102% Of World GDP (ZH) • Central Bankers Are Always Wrong…Especially Before A Bust – Ron Paul (ZH) • How Brexit Is Set To Hurt Europe’s Financial Systems (R.) • Britons Face Lifetime Of Debt: BOE Warns Over 35 Year Mortgages (Tel.) • Is Russiagate Really Hillarygate? (Forbes) • The Way Chicago “Works”: Graft, Corruption, Connections, Bribes (Mish) • France’s Macron Says Defense
Read More...
Hieronymus Bosch The Conjurer 1502 • Big Banks Continue Winning Streak, With Street at Least (BBG) • ‘It’s Almost An Embarrassment Being An American’ – Jamie Dimon (G.) • US House Backs Massive Increase In Defense Spending (R.) • US Deficits To Jump $248 Billion Over Next Two Years Due To Tax Shortfall (R.) • We Do These Things Because They’re Easy (CHS) • The New Silk Road Will Go Through Syria (Escobar) • One Of Worst Droughts In
Read More...
Pablo Picasso Nude, Green Leaves and Bust 1932 • Global Shares Rise To Record New Highs (R.) • Britain In Worse Shape To Withstand A Recession Than In 2007 (G.) • IMF Warns Canada On Housing, Trade, Rate Hikes (R.) • 40% Of The Fed’s Interest On Excess Reserves Is Paid To Foreign Banks (ZH) • Will Corporate Bonds Cross Over? (DDMB) • Turkey Chooses Russia Over NATO for Missile Defense (BBG) • 100,000 and Counting: No Letup in
Read More...
Vincent van Gogh Vineyards with a View of Auvers 1890 • ‘Investors Underestimate How Low The Bar Is For The Fed’ (CNBC) • Unwinding QE will be “More Disruptive than People Think” (WS) • I Wouldn’t Rule Out Another Financial Crisis – IMF’s Lagarde (CNBC) • The US Stock Market Is 66% Higher Than It Should Be (Kee jr) • Valuation Measures & Forward Returns (Lance Roberts) • Nonprime Mortgages Prove Leery Investors Are Finally Hungry Again (CNBC) •
Read More...