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US Attorney General Jeff Session promised yesterday is much more civil asset forfeiture, a bigger drug war, and longer mandatory prison terms.
    Global Asset Allocation Update
Jul 18, 2017 - 09:39:31 PDT
The dollar is being driven by the change in relative growth expectations between the US and the rest of the world.
    U.S. Readies Sanctions Against Top Venezuelans
Jul 18, 2017 - 09:28:43 PDT
The U.S. is poised to impose sanctions on Venezuela’s defense minister and several other top officials for human-rights violations, according to people with knowledge of the plan, who added that the action was one of several under consideration by the Trump administration against President Nicolas Maduro’s government.
Venezuela's opposition called a nationwide strike for Thursday to press President Nicolas Maduro to back off a rewriting of the constitution, ratcheting up tensions after an unofficial vote rejecting Maduro's plan and amid months of deadly protests. The strike call, issued on Monday, was part
    Navigating the Business Cycle = Prosperity
Jul 18, 2017 - 08:49:37 PDT
Throughout history, the solution to every crisis sets the stage for the next crisis. This is what happens when we have unqualified people running the joint.
As bond yields began to tumble, so stocks rolled over and VIX jerked above 10...
    The Inconvenient Agony: Social Security Going Bust
Jul 18, 2017 - 07:46:30 PDT
Social Security is about to go bust – a lot faster than anyone had predicted
    Gold Up, Dollar Falls on Failing Reforms
Jul 18, 2017 - 07:10:54 PDT
The dollar slid to an 11-month low as Trump’s economic revitalization agenda once again faltered. Gold climbed to the highest in two weeks.
Former House Speaker Newt Gingrich issued a dire warning to Republicans on Monday: Improve the economy or face cataclysmic losses in 2018. How bad?
    Most Unproductive Congress in 164 Years
Jul 18, 2017 - 06:50:42 PDT
Way to go, guys
The plan is to convince small business restaurants, cafés and food trucks to stop accepting cash, forcing customers to pay with credit debit cards or mobile devices.
    US Import, Export Prices Tumble for 2nd Month
Jul 18, 2017 - 06:03:01 PDT
As China Deflation Exports Accelerate. This is the equal biggest MoM drop in import prices since Feb 2016...
In the second quarter in Manhattan, Chinese entities accounted for half of the commercial real estate purchases with prices over $10 million
    True Cost Of Living In The United States
Jul 18, 2017 - 05:51:20 PDT
Our interactive tool checks which cities and neighborhoods fit with your income and family needs How Much Do You Need To Feel Wealthy?   Here’s How Much You Need To Save Each Day To Become A Millionaire Consumer Price Index […]
The three-month average home price in the Toronto area is down a record 14.2% following a flood of new listings & an interest rate hike by the Bank of Canada.
Higher rates from Washington don’t mean more interest just yet.
Bets up that Federal Reserve is done increasing US interest rates
The US Dollar fell alongside Treasury bond yields and S&P 500 stock index futures following news that healthcare reform legislation lacks the votes to pass
Senate Majority Leader Mitch McConnell abandoned efforts to pass a broad Republican-only replacement of Obamacare, saying late Monday he will instead seek a vote on a simple repeal -- delayed by two years to give lawmakers time to seek a replacement.
Buyers of silver are rejoicing. They can now get more money (silver, like gold, is money) in exchange for their dollars than before. However, as we see from the reactions in the […]