Source: New York Times “The stock market is off to its best start since 1987, but these investors are expected to dump hundreds of billions of dollars of shares this year. So who is pushing prices higher? In part, the companies themselves. American corporations...
Source: Bloomberg “The so-called Green New Deal may tally between $51 trillion and $93 trillion over 10-years, concludes American Action Forum, which is run by Douglas Holtz-Eakin, who directed the non-partisan CBO from from 2003 to 2005. That includes between...
Source: Charles Hugh Smith Blog “There are two generalities that can be applied to all asset bubbles: 1. Bubbles inflate for longer and reach higher levels than most pre-bubble analysts expected. 2. All bubbles burst, despite mantra-like claims that ‘this...
Source: Wall Street Journal “President Trump said Sunday he would delay an increase in tariffs on Chinese goods set to take effect at the end of this week, citing ‘substantial progress’ on issues including intellectual property and technology...
Source: Zero Hedge “Based on what I am seeing today in the data, the balance of probabilities signal a move in Gold back up to the 1360s and 70s, once we hit bottom here shortly…Following that pullback, Gold is likely heading to new highs later this year,...
Source: Mises.org In the run-up to the crisis, US financial institutions heavily invested in particular types of CDOs called mortgage-backed securities, which essentially packaged together mortgages from a wide array of different locations. It was thought unlikely...
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