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The tightening in Canada's booming housing market, could wipe out economic gains, experts warn.
Conclusion, you can hide behind high discount rates & a "kick the can down the road" strategy in the short-term...but in the long run actual cash flows matter.
“Real economy has little to gain, and much to lose”: FDIC’s Hoenig to Senate.
New "Mind-Boggling Insane" Data continues from India, and sadly, it's worse than expected. 
Tons of speculation about President Trump's "Very Big Announcement" from WV tonight. This clue looks best.
Robert Shiller takes a look at the future of economics & suggests that economists should work on designing systems that protect people
    Are Investors Running Out Of Cash?
Aug 3, 2017 - 09:51:06 PDT
...background market conditions are not at all favorable for a further, prolonged advance.
Dr Copper posts solid gains in July...
How do you stop the taxpayer subsidy to Wall Street while avoiding lighting the fuse to Bernanke’s inflation bomb?
That’s the longest such stretch since a 79-session run spanning from November 2006 through March 2007.
    GOP Clash Looms over Raising the Debt Ceiling
Aug 3, 2017 - 08:27:55 PDT
Secretary Steven Mnuchin, are imploring Congress to raise the $19.8 trillion debt limit with no strings attached by the end of September.
While stocks are marginally lower following the collapse in ISM Services, Bond yields & the dollar are tumbling as gold lifts...
Looks like 2007, "just before the bursting debt bubble blew the global economy & financial system to smithereens."
Brace yourself because the water has now receded in the land of retirement. Here's the problems and this is what happens.
Inflation in the U.S. is seen snapping back from a recent slowdown without derailing the central bank’s plan to tighten policy gradually
If it ain't broke, it don't have enough features... This ain't broke, so don't try to fix it!
    Sweden Carries Danger in Economy
Aug 3, 2017 - 05:53:57 PDT
The list of challenges facing Sweden is long, debts & prices keep rising, overheated housing market in need of reform..
With inflation still flatlining despite years of massive stimulus measures, the BOJ has already postponed the target timeframe six times since setting it in 2013
    EU Bank Calls for PUNISHMENT for Eurozone Countries
Aug 3, 2017 - 05:43:43 PDT
The European Central Bank (ECB) has called for greater punishments on those eurozone countries that fail to implement much need monetary reforms in a bid to ward off a looming financial crisis in the currency
    ECB Says Wages, Consumer Goods Holding Back Inflation
Aug 3, 2017 - 05:41:39 PDT
Wages and the price of consumer goods in the euro zone are still growing at a slow pace, holding back inflation despite a strengthening economic recovery, the European Central Bank said on Thursday.