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Via The Mises Institute, An Open Letter to Donald Trump  We the undersigned urge you, the presumptive Republican nominee for President, to support a rebirth of free-market capitalism in the U.S. You have said repeatedly that you want to make American great again. We agree with you. And we assert that the most effective way […]

Despite Turkish turmoil, oil prices have resumed their downturn as the ‘failed coup’ has left flows unhindered and a stronger dollar (and waning gasoline demand) pushed WTI back to a $45 handle this morning. Catalysts for the downside push appear to be: 0il tankers loading, unloading cargoes normally at Turkey’s ports and supplies arriving in […]

Last Wednesday, we were amazed to read in Australia’s press that Cleveland Fed president Loretta Mester said “helicopter money” could be considered to stimulate America’s economy if conventional monetary policy fails. Specifically, quoting Australia’s ABC reports, Mester, president of the Federal Reserve Bank of Cleveland and a member of the rate-setting Federal Open Market Committee […]Read More

Written by Jeff Nielson (CLICK FOR ORIGINAL)   Readers of these commentaries know that the analysis presented is almost always exclusively framed in terms of “the big picture”, which usually (but not always) implies the long term. Why? The most general answer to that question is that examining issues from a Big Picture standpoint provides […]

What goes up in a linear centrally-planned way, plunges cliff-diver-like on a ‘failed’ coup… Borsa Istanbul 100 is down over 10% – the biggest single-day plunge since June 2013… So much for central-planning? Just take a look at that chart – off the Brexit crash the Turkish stock market rallied 13 out of 14 days.

Just a week ago, French General Directorate for Internal Security Patrick Calvar told members of the French parliamentary commission that thanks to the increasing frequency of sexual assaults by islamic migrants, “Extremism is growing everywhere… We are on the brink of civil war.” Now, in the wake of the Nice terror attacks that left 84 […]

Joycelyn Jackson, sister of 32-year-old slain Baton Rouge police officer Montrell Jackson, said she understands the anger behind the movement Black Lives Matter but that “God gives nobody the right to kill and take another person’s life.” As The Washington Post reports, Joycelyn Jackson was already sitting in church when she found herself needing God […]

Submitted by Michael Shedlock va MishTalk.com, In Islamic countries, women are second class citizens if not much worse. If women step out of line, they are targeted, or killed. In Pakistan there are 1,000 “honor” killings every year. On July 15, top media star Qandeel Baloch was strangled by her own brother because of images such […]Read More

As we reported over the weekend, Goldman’s clients are scratching their heads. As David Kostin explained their confusion, “investors are struggling to reconcile how extreme valuations of both assets can co-exist. It is counterintuitive, but the yield gap relationship between stocks and bonds is currently consistent with the past decade average. Equity risk premium (ERP) […]

The saga surrounding the Turkish Incirlik air base, which is not only the headquarters to the US 39th Air Base Wing but also vaults over 50 B1 nuclear bombs, and is critical to all US missions not only against ISIS but the entire middle east continues. Moments ago, Turkey’s state-run news agency says seven prosecutors, […]

Simon Ateba with American officials and Nigerian youth after his presentation on Saturday in Lagos By Simon Ateba/Lagos Millions of people around the world who heard about Nigeria’s 2015 elections, especially the presidential election that brought President Muhammadu Buhari to power 30 years after he was deposed by General Ibrahim Badamasi Babangida, were made to […]

The report below shows the average prices PMS was sold across 36 states and FCT in the month of  June 2016. PMS Price Watch For June 2016 STATE Average Price for PMS Abia 147.90 Abuja 145.00 Adamawa 156.67 Akwa Ibom 145.71 Anambra 145.53 Bauchi 145.00 Bayelsa 152.22 Benue 146.00 Borno 173.00 Cross River 151.67 Delta […]Read More