Archive for March, 2017

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission. The Atlanta Fed’s GDPNow forecast for the US economy for Q1 2017 slipped to 0.9% on lower consumer spending. Bear in mind that at last reading the NY Fed’s NOWCAST is at 2.96%. This post was published at […]

Previously we reported that iron ore prices – having almost doubled in the past year and launching a global reflationary wave – are on the verge of tumbling as the world becomes increasingly aware that China has a “13,000 Eiffel Tower” record inventory problem. And while we previously discussed the immediate adverse implications for iron […]

This is a syndicated repost courtesy of Money Morning – We Make Investing Profitable. To view original, click here. Reposted with permission. The price of gold today (Friday, March 31) is up 0.4% to $1,248, continuing the metal’s strong rally recently. If you’ve been watching gold prices, you know the metal has blasted higher since […]

Seemingly confirming the incriminating remarks from former Obama Deputy Assistant Secretary of Defense, Evelyn Farkas, on the mad scramble by the Obama administration to collect and preserve intelligence on alleged Russian election hacking before Obama left office, NBC News reports that a former Obama official admits they made a list of Russia probe documents to […]

This is a syndicated repost courtesy of Money Morning – We Make Investing Profitable. To view original, click here. Reposted with permission. The very public Mark Cuban-President Donald Trump beef has once again surfaced on Twitter. Cuban’s latest challenge to his fellow billionaire came Wednesday (March 29) in a tweet about the new president’s plans […]

Since the election, talking heads have crowed about improving economic data (macro- and micro-). However, what they have failed to mention is all of the improvements have been in ‘soft’ survey and sentiment data, not ‘hard’ economic figures; and now, judging from the plunge in Goldman Sachs Analyst Index, soft data is starting to lose […]

This is a syndicated repost courtesy of Money Morning – We Make Investing Profitable. To view original, click here. Reposted with permission. On Wednesday (March 29), UK Prime Minister Theresa May officially triggered ‘Article 50′ of the Brexit process, thus commencing separation proceedings between the United Kingdom and the European Union (EU). Now the British […]

Authored by Alice Salles via TheAntiMedia.org, If you’re one of the countless Americans who was distraught to learn of the revelations made by former National Security Agency (NSA) contractor Edward Snowden, the mere idea that there might be yet another agency out there – perhaps just as powerful and much more intrusive – should give […]

Authored by Raul Ilargi Meijer via The Automatic Earth blog, We are witnessing the demise of the world’s two largest economic power blocks, the US and EU. Given deteriorating economic conditions on both sides of the Atlantic, which have been playing out for many years but were so far largely kept hidden from view by […]

Chuck Grassley, Chairman of the Senate Judiciary Committee, would very much like to understand why Hillary Clinton and 6 of her closest “research aides” may still have access to classified State Department information despite FBI Director Comey’s assertion that they were “extremely careless in their handling of very sensitive, highly classified information.” And, after sending […]