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Market Shorts – Stock market’s central-bank joy ride is coming to an end
Source: Marketwatch "Welcome to the calm before the storm....Our call of the day, from Hussein Sayed, chief market strategist at broker FXTM, agrees, as he says it's time for investors to start holding Wall Street itself responsible for further stock market gains....
Market Shorts – No Fix for Recession Without a Financial Crisis
Source: Charles Hughes Smith Blog "The saying 'never let a crisis go to waste' embodies several truths worth pondering as the stock market nears new highs. One truth is that extreme policies that would raise objections in typical times can be swept into law in the 'we...
Market Shorts – Gold & Silver “Will Survive The Whole System Burning Down”
Source: Holter/Zero Hedge "Financial writer and precious metals expert Bill Holter is 'not worried at all' about the current price smash down for precious metals. Holter says, 'We live in a world where all liabilities are more than all liabilities in history...If you...
Market Shorts – The Fed and the Professor Standard
Source: Cain/Wall Street Journal "Real income for America's bottom 90% reached an all-time high in 1999, and at the time Pew Research found that 81% of Americansagreed that free enterprise was a major reason for the country's success in the 20th century. By June 2015,...
Market Shorts – Trump’s Fed Picks Have Fond Memories of the Gold Standard
Source: Bloomberg "Both of President Donald Trump's apparent picks for open seats on the Federal Reserve Board of Governors, Stephen Moore and Herman Cain, are interested in fixing the price of the dollar in quantities of gold - bringing back a system that President...
Market Shorts – The Irony of Mueller-Report Profiteering
Source: The Atlantic "When the Justice Department releases Special Counsel Robert Mueller's report this morning...it will be placed in the public domain. That means you'll be able to download the report for free to read on your computer or smartphone, to print out, or...
Market Shorts – Henry Hazlitt’s Long-Term Economic Thinking
Source: American Spectator "Henry Hazlitt is considered to be one of the best financial journalists of the 20th century. 'He was a giant in financial journalism,' as Jim Grant pointed out in his 2014 Mises Institute lecture entitled 'Hazlitt, My Hero.' Aside from his...
Market Shorts – The Fed Was Technically Insolvent Last Year. Why Didn’t Anyone Care?
Source: Grant/Barrons "In finance today, comfort trumps propriety. As necks are tieless, so are earnings 'adjusted.' As shirts are untucked, so are balance sheets encumbered. In the 21st century way of doing business, freedom of action is the beau ideal. Neither...
Market Shorts – Why Is the Fed Paying So Much Interest to Banks?
Source: Brown/TruthDig "'If you invest your tuppence wisely in the bank, safe and sound, Soon that tuppence safely invested in the bank will compound, And you'll achieve that sense of conquest as your affluence expands, In the hands of the directors who invest as...
Market Shorts -Federal Spending Hits Highest Level Since Bank Bailout and Obama Stimulus
Source: CNS News "The federal government spent $1,822,712,000,000 in the first five months of fiscal 2019, the most it has spent in the first five months of any fiscal year since 2009, which was the fiscal year that outgoing President George W. Bush signed a...
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