Where the Fed Will Be When the Next Downturn Comes ... The easy-money policy may bump inflation over 3% in the next few years, setting up interest-rate increases. -WSJThis article in the Journal provides us with a scenario regarding another slump and how the Fed will react.It is written by Martin Feldstein, chairman of the Council of Economic Advisers under President Ronald Reagan and a member of...Read More
Gold Stocks Dodge Drop as Risk Aversion Hits South Africa Assets ... Gold producers escaped the worst of a two-day sell-off in South Africa as investors around the world switched to safer assets. While the rand headed for its biggest decline against the dollar in a week and was the second-worst performer in emerging markets, South Africa's gold mining index jumped to the highest since February...Read More
No matter how you look at it, Trump’s not winning ... Amid the incessant din of election-year punditry and prognostication, one fact reigns supreme: Republicans vote for Republicans and Democrats vote for Democrats ... It is why America is freckled with “red” and “blue” states and “safe” congressional seats. It is also why American presidential races are...Read More
Bottom line: Hillary Clinton screwed up. She’s admitted this repeatedly. Other investigators have come to the same conclusion. If you want to criticize her for this, that’s fine. She deserves it. But there was no criminal intent and essentially no chance that a jury would have convicted her. We’ve known this for months now. Now we know it officially. -Mother JonesThere are those...Read More
Where the Fed Will Be When the Next Downturn Comes ... The easy-money policy may bump inflation over 3% in the next few years, setting up interest-rate increases. -WSJThis article in the Journal provides us with a scenario regarding another slump and how the Fed will react.It is written by Martin Feldstein, chairman of the Council of Economic Advisers under President Ronald Reagan and a member of...Read More
Gold Stocks Dodge Drop as Risk Aversion Hits South Africa Assets ... Gold producers escaped the worst of a two-day sell-off in South Africa as investors around the world switched to safer assets. While the rand headed for its biggest decline against the dollar in a week and was the second-worst performer in emerging markets, South Africa's gold mining index jumped to the highest since February...Read More
No matter how you look at it, Trump’s not winning ... Amid the incessant din of election-year punditry and prognostication, one fact reigns supreme: Republicans vote for Republicans and Democrats vote for Democrats ... It is why America is freckled with “red” and “blue” states and “safe” congressional seats. It is also why American presidential races are...Read More
FBI recommends no charges against Clinton in email probe … FBI Director James Comey on Tuesday announced the agency is not recommending the Justice Department bring charges against Hillary Clinton, despite denouncing the former secretary of state and her colleagues for the way they handled classified information through private email servers. – PoliticoFBI director James Comey announc...Read More
Editor’s Alert: At time of publication, Hillary Clinton was not indicted by the FBI over mishandling classified emails.This conforms to what we have expected and additionally seems to make clear that she will indeed be the next President of the United States.Enormous political capital has been expended on ensuring her innocence. It is surely unlikely that the elite establishment, having prod...Read More
Raghuram Rajan: Why RBI needed more of him ... Finally, Prime Minister Narendra Modi spoke up to give outgoing RBI governor Raghuram Rajan a thumbs up. The endorsement that came a wee bit too late was welcome nevertheless ... – India.comWith economies worldwide in a mess, the mainstream media is increasingly concentrating on individual central bankers.This is propaganda, of course.Instea...Read More
Canaccord Thinks Private Prison Equities Could Break Out ... The first private prison emerged in 1984, and the industry has grown ever since. America continues to have the highest incarceration rates in the world. One financial services company sees significant upside in the private prison sector. - Benzinga.comIn this article we can see how private prison equity is being treated like any othe...Read More
Second EU referendum would be possible, former attorney general says ... Research suggests as many as 1.2 million Leave voters now regret their vote ... Dominic Grieve, a Conservative MP who was the Government's chief legal advisor until 2014, said the result of the first referendum had to be "treated with respect" but that it was not necessarily set in stone. - UK IndependentWhile most Brits wan...Read More
FBI recommends no charges against Clinton in email probe … FBI Director James Comey on Tuesday announced the agency is not recommending the Justice Department bring charges against Hillary Clinton, despite denouncing the former secretary of state and her colleagues for the way they handled classified information through private email servers. – PoliticoFBI director James Comey announc...Read More
Editor’s Alert: At time of publication, Hillary Clinton was not indicted by the FBI over mishandling classified emails.This conforms to what we have expected and additionally seems to make clear that she will indeed be the next President of the United States.Enormous political capital has been expended on ensuring her innocence. It is surely unlikely that the elite establishment, having prod...Read More
Raghuram Rajan: Why RBI needed more of him ... Finally, Prime Minister Narendra Modi spoke up to give outgoing RBI governor Raghuram Rajan a thumbs up. The endorsement that came a wee bit too late was welcome nevertheless ... – India.comWith economies worldwide in a mess, the mainstream media is increasingly concentrating on individual central bankers.This is propaganda, of course.Instea...Read More
Canaccord Thinks Private Prison Equities Could Break Out ... The first private prison emerged in 1984, and the industry has grown ever since. America continues to have the highest incarceration rates in the world. One financial services company sees significant upside in the private prison sector. - Benzinga.comIn this article we can see how private prison equity is being treated like any othe...Read More
Second EU referendum would be possible, former attorney general says ... Research suggests as many as 1.2 million Leave voters now regret their vote ... Dominic Grieve, a Conservative MP who was the Government's chief legal advisor until 2014, said the result of the first referendum had to be "treated with respect" but that it was not necessarily set in stone. - UK IndependentWhile most Brits wan...Read More
Nobody who knows the status of the investigation into Hillary Clinton’s server is talking. ... The FBI interviewed former Secretary of State Hillary Clinton for many hours on Saturday morning. On Saturday afternoon CNN Senior Producer Teddy Davis tweeted “Sources tell CNN’s Evan Perez: expectation is that there will be announcement of no charges in Clinton email probe w/in next...Read More
Gold eases off near two-year high, silver crosses $21/oz ... Gold slides to two-week low as Brexit fears abate ... Gold eased off a near two-year high, while silver breached the $21 level for the first time since July 2014 in highly volatile trade on Monday, prompted by a burst of short-covering in China. – BloombergGold and silver are having great runs now that the monetary manipulation h...Read More
More Hole in the ozone layer is finally ‘healing’ ... Chlorine reacting with these beautiful stratospheric clouds over Antarctica is the cause of the hole in the ozone layer (Cynthia Spence/NSF) The ozone hole over Antarctica is finally “healing” almost 30 years after the world banned the chemicals responsible for its creation, researchers say. – ABCSo the Ozone hol...Read More