admin

So, after $1 trillion in new credit, numerous RRR cuts, a devalued currency (great for exporters, right?), and the domestic exuberance of a housing bubble, China’s economy (manufacturing and non-manufacturing) collapsed to cycle lows (weakest since Dec 08) in February. Of course, this plunge after January’s bounce is all being blamed on the Lunar New […]

By EconMatters We look at Live Cattle, Feeder Cattle, Lean Hogs, and Class III Milk Futures Markets in this video. We can learn the value of the technicals in analyzing these historically technically driven markets in this video.  [embedded content] © EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | […]

Submitted by Mike Holly via The Mises Institute, Although the causes of economic crises recurring throughout US history and often spreading worldwide can’t be proven using empirical means, oppressive government regulations favoring special interests in relevant industries have preceded every crisis. Typically, cronyism involves support of politicians in exchange for regulations denying others the freedom […]

For the first time in six days, PBOC decided to strengthen the Yuan fix (+0.1% to 6.5385). This sent offshore Yuan surging back to pre-RRR-Cut levels, ensuring that (for the very short-term) speculators don’t get any ideas about piling into a Yuan short (again). This action followed the suspension of China’s Open Market Operations (due […]Read More

Nothing says Nobel Peace Prize like being the world’s largest (by a long way) exporter of arms… The US was by far the top arms exporter in 2011-15, with a 33 per cent share of the global market. Exports from the US have increased 27 per cent in the last five years. As The Independent […]

By Glenn Harlan Reyonds, aka Instapundit, a University of Tennessee law professor, originally posted on USA Today Cash Is The Currency Of Freedom As Fed inflates away dollar’s value, government gains more control to manipulate taxpayers and savers Former Treasury secretary Larry Summers wants to get rid of the $100 bill. But I think he has it […]Read More

All is not well in the non-GAAP paradise known as Tesla’s Gigafactory, where labor tensions are suddenly running high. According to Bloomberg, at least 100 workers at the construction site for Tesla’s massive (and taxpayer subsidized) battery factory near Reno, Nevada, walked off the job Monday to protest use of workers from other states, a […]

Two days after Japanese yields plummeted on January 29, when the BOJ unexpectedly stunned the world by announcing negative interest rates, the Japanese government sold 10 Year Bonds at what was then a near record low yield of 0.078% in an auction which carried a 0.3% coupon. Since then things have only gotten more… deflationary, […]

Via PandaHedge.com, The price of home price in China’s tier one cities (Beijing, Shanghai, Guangzhou and Shenzhen) started another around of rally in the last couple months, and became “crazy” in Feb as described by the Chinese who form lines to buy the apartments everywhere. When I saw this online commercial as below, I cannot […]Read More

Start building your arks, carving out your bunkers, or stocking up on canned food, because surely the end is upon us. The sky must be dark; the oceans must have turned to blood. Somewhere, I think, four horsemen are trotting this way. After ten years of silence, Justice Thomas asked a question during oral arguments […]

When voters in Vermont and Minnesota answered their phones last week, some of them were treated to a racist robocall. “The white race is dying out in America and Europe because we are afraid to be called ‘racist,'” the call claimed, before going on to ask listeners to vote for Donald Trump and “don’t vote […]Read More

A legal dispute over the motion detector technology that brought you the Benjamin Button and Harry Potter films could end up preventing the distribution of future animation-enhanced movies. The technology, called Mova, allows filmmakers to capture an actors’ performance, then digitally edit it “in post.” Now, a lawsuit over ownership of the technology has led […]