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Almost one year ago, in March 2015, we explained how “The Fed’s Artificial Steepening Of The Yield Curve” has resulted in many unexpected consequences, the most important of which has been the erroneous interpretation of the yield curve as a leading recessionary signal. As said back then, “the artificially steep yield curve is a reflection […]Read More

Submitted by Mike Krieger via Liberty Blitzkrieg blog, In its endorsement of Hillary, the New York Times editorial board did such a sloppy job I can’t help but think it may have done permanent damage to its brand. Upon reading it, my initial conclusion was that the editorial board was either suffering from Stockholm syndrome or merely concerned about […]Read More

Someone didn’t read the refugee pool rules cartoon. As you might have heard, quite a few of the millions of asylum seekers that have inundated Western Europe are having a rather difficult time adjusting. Specifically, there seems to be some confusion about pool etiquette. Last month, Bornheim – a town of 48,000 some 30 km […]

Submitted by Lance Roberts via RealInvestmentAdvice.com, RALLY FAILS, ALERTS RISE Last week, I discussed the boost the market received as the BOJ made an unexpected move into negative interest rate territory combined with end of the month buying by portfolio managers. To wit: “However, the announcement by the Bank of Japan (BOJ) to implement negative […]

Now that Rand Paul is out of the race for the White House, Politico’s Eliza Collins reports that his father Ron Paul, who ran in 2008 and 2012, isn’t impressed by Ted Cruz’s attempts to pick up the “free market” libertarian banner. “You take a guy like Cruz, people are liking the Cruz — they […]Read More

Several days ago, we showed the one chart which explains why Bank of America remains a stubborn non-BTFDer. This is what Michael Hartnett said last Thursday: “We remain sellers into strength in coming weeks/months of risk assets at least until a coordinated and aggressive global policy response (e.g. Shanghai Accord) begins to reverse the deterioration […]

Submitted by Paul Bordsky via Macro-Allocation.com, It seems monetary policy is exhausted and the next exogenous lever to pull would be political fiscal initiatives. If/when they fail to stimulate demand, there would be only one avenue left – currency devaluation. If/when confidence in the mightiest currency wanes, we would expect the US dollar to be […]

Cashew NutsPhoto Credit: Curejoy.com The export potential of Nigeria’s cashew is at a risk due to the blame game between shipping companies and exporters of the produce. The Punch reported that while exporters blamed shipping companies for increase in rejected cashew abroad, the shipping companies in turn said the exporters are not entirely blameless. We […]

Authored by Jed Graham, originally posted at Investors.com, Hiring at restaurants, hotels and other leisure and hospitality sector venues slowed markedly last year in metro areas that saw big minimum-wage hikes, new Labor Department data show. Wherever cities implemented big minimum-wage hikes to $10 an hour or more last year, the latest data through December show that job […]Read More

Submitted by Richard Ebeling via EpicTimes.com, What is the role of government in society? This has been and remains the most fundamental question in all political discussions and debates. Its answer determines the nature of the social order and how people are expected and allowed to interact with one another – on the basis of […]

Stealing Elections Is Easier Than You Can Imagine Princeton University scientists showed how easy it is to steal elections by tampering with voting machines: [embedded content] Here’s a summary: So did University of California at Santa Barbara computer scientists: So did a documentary filmmaker, to the shock of an election official and poll worker: Indeed, […]

Bernie Sanders has found the chink in Hillary Clinton’s political armor – and it has nothing to do with a private e-mail server. The riley socialist has begun hitting the former First Lady hard on her liberal credentials, branding her a kind of wannabe progressive with an on-again off-again commitment to things like reforming the […]