Esther Bubley Negro alley dwellings near the Capitol, Washington DC 1943 • Trump On Russia Sanctions: ‘We Ought To Get On With Our Lives’ (R.) • Moscow Says It’s “Tired Of The Lie About The ‘Russian Hackers’” (Ptv) • Talking about Starwars: What is Henry Kissinger Up To? (PCR) • US Escalates Tensions With Israel (WSJ) • Hillary Clinton Could Face New Email Probe After Explosive Ruling • House Flipping Makes a Comeback as Home Prices Rise (WSJ) •
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Claude Monet Woman with a Parasol – Madame Monet and Her Son Dec 31 1874 The end of the year is always a time when there are currency and liquidity issues in China. This has to do with things like taxes being paid, and bonuses for workers etc. So it’s not a great surprise that the same happens in 2016 too. Then again, the overnight repo rate of 33% on Tuesday was not exactly normal. That indicates something like
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Albert Kahn Paris, Autochrome Lumière color photo 1914 • Turkey and Russia Agree on Syria Ceasefire, Into Effect by Midnight (R.) • Erdogan Says He Has Evidence US-Led Coalition Has Given Support To ISIS (Ind.) • Turkey Says Saudis, Qatar Should Attend Syria Peace Talks (AP) • ‘US Raised Middle East Terrorists & Wants Them To Stay’ – Iran Def Min (RT) • Toshiba Shares Fall 20%, Hit Limit, As US Nuclear Writedown Sinks In (AFP) • China To Rein
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Joan Miró Caballo, Pipa y Flor Roja (Horse Pipe and Red Flower) 1920 I was surprised to see how surprised I was, like I’m sure millions of people were, to see the term ‘fake news’ pop up in what are still called ‘respectable’ (which is by now really just another word for ‘old’) news outlets. Because a huge part of what they have been feeding their readers and viewers for years is that very thing: fake news. Who needs
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Konstantinos Polychronopoulos, Athens Christmas Day 2016 • Recession, Market Crash Next Year, Expect Rate Cuts: Rickards (CNBC) • Did Donald Trump Just Jump The ‘Dow 20,000’ Shark? (ZH) • Yuan Trading Volume Has Been Surging In December (BBG) • ECB: Monte dei Paschi Must Now Raise €8.8 Billion After Recent Withdrawals (R.) • War & The Rejection of Peace (Rossini) • Israel Claims ‘Evidence’ That Obama Orchestrated UN Resolution (G.) • Corbyn Hits Back After Obama Suggests Labour Is
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Paul Gauguin Christmas Night (The Blessing of the Oxen) , 1902-1903 • One Industry Will Keep Holding North America Together (CNBC) • China Bank Calls Documents ‘Fake’ After Bond Default Linked To Alibaba (R.) • The Trump Rally Is Young (CNBC) • What Is Productivity And Why Is The UK’s So Poor? (G.) • What’s Behind Obama’s Attacks On Putin (Carley) • British Councils Admit Massive Use Of Spying Powers On Public (G.) • Humankind Has Created 30 Trillion Tons
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William-Adolphe Bouguereau La naissance de Vénus 1879 • Alec Baldwin Offers To Play Inauguration: ‘I Wanna Sing Highway To Hell’ (G.) • Terminally Ill Dutch Boy Raises £2 Million With Nail-Painting Challenge (G.) • Syrian Chef Serves Up Slice Of Home In Greek Camp (AFP) • An Illegal Hub For Paywalled Science Papers (Nature) • The Radical Jesus (Whitehead) I was going to do a good news only Debt Rattle, but I’m afraid I’ve come up a tad
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Alfred Palmer Annette del Sur in salvage campaign, Douglas Aircraft Co., Long Beach, CA 1942 • The Connection Between Work and Dignity (B.) • 2016 Year In Review: A Clockwork Orange (Dave Collum) • A Week On Jury Duty With Rex Tillerson (Roden) • Putin Shrugs Off Trump’s Nuclear Plans, Says Democrats Sore Losers (R.) • President Xi Open to Growth in China Falling Below 6.5% (BBG) • Barclays Refuses To Settle With US DoJ Over ‘Craptacular Loans’ (G.) •
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Ben Shahn Quick lunch stand in Plain City, Ohio 1938 • Donald Trump Can’t Stop The Next Financial Crisis – Jim Rickards (MW) • “Russia Did It” – The Last Stand Of The Neocons (GEFIRA) • 94% Of All New Jobs Created During Obama Era Were Part-Time Or Contract (IC) • World Trade Falls to 2014 Level, Trump “Trade War” Might Make it Worse (WS) • Central Banks Have Cut Interest Rates 690 Times Since Lehman Brothers (CNBC) • Italian
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Shirley Temple Chrismas 1939 • Americans Are Now In More Debt Than They Were Before The Financial Crisis (MW) • Americans Want To ‘Live Big’ In The Trump Era (CNBC) • Percentage of Young Americans Living With Parents Rises to 75-Year High (WSJ) • Republican Presidents Can’t Seem To Avoid Recessions (BBG) • Plan To Tax US Imports Has Better Odds Of Becoming Law Than Many Think (CNBC) • Home Ownership Among 25-Year-Olds In England, Wales Halved In 20 Years
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