The Federal Reserve has pursued the unprecedented monetary policy of lowering rates to zero and increasing their portfolio from 500 billion to over 4 trillion. But as the Fed reminds us, there is a cost.
Concerns about a potential, and so far unsubstantiated, nuclear "incident", reportedly in the vicinity of the Arctic circle, spread in the past week after trace amounts of radioactive Iodine-131 of unknown origin were detected in January over large areas in Europe according to a report by a French nuclear watchdog.
"The United States is now in the extraordinary situation that the liberal/progressive/left is allied with the deep state against democracy. The liberal/progressive/left are lobbying for the impeachment of a president who has committed no impeachable offense. The neoconservatives have stated their preference for a deep state coup against democracy. The media obliges with a constant barrage of lies, innuendos and disinformation. The insouciant American public sits there sucking its thumb."
China’s move to ban coal imports from North Korea, effectively crippling the country’s already battered economy, will have two implications: it may prompt Beijing and Washington to sit deal and figure out how to "resolve" the problem, and it may risk the start of a political crisis with unpredictable regional consequences.
"Affirmative consent" is a fuzzy concept even for adults, which is why one of them taught 10th graders in California that they must say 'yes' every 10 minutes during sex or it becomes rape. The concept was enshrined in state law in October 2015, and since then California has remained the only state to legally require "yes means yes" be taught in public schools. Maryland could soon be the second...
A script advises callers to complain: "I'm honestly scared that a known racist and anti-Semite will be working just feet from the Oval Office... It is everyone’s business if a man who promoted white supremacy is serving as an adviser to the president."
"We need representatives to sift through what the U.S. government says and what the media reports to find out for themselves the truth, the shades of truth and the untruths... Rep. Tulsi Gabbard is a rare member of Congress willing to take heat for challenging U.S. 'regime change' projects..."
Over the last 15 years the starting salary for recent college grads has declined about $4000. Unfortunately, the amount of student loan debt most students are graduating with has skyrocketed...and financing a pizza every Friday night for four years won't help.
When the history of these times is written, former Fed Chair Alan Greenspan will be one of the major villains, but also one of the greatest mysteries. This is so because he has, in effect, been three different people.
Amid judicial blockages, and rogue border agents, it appears the Trump administration is still trying its best to follow through on its campaign promises to crackdown on illegal immigration. As Reuters reports, The Department of Homeland Security has prepared new guidance for immigration agents aimed at speeding up deportations by denying asylum claims earlier in the process.
"Post-election rally closed the valuation gap with the P/E now near “fair”. The current fitted S&P 500 trailing P/E of 19.6x reflects "animal spirits." Accordingly, the current P/E of 19.4x, although high by historical standards, is far from pricing excessive optimism, based on our model." - Barclays
Victory by the 'Russia scare' coalition will limit America’s ability to fight ISIL, complicate efforts to win UNSC support for tough enforcement of the Iran nuclear deal and give China more leverage over both Moscow and Washington.
The Reagan 1986 tax cuts show that equities price in the benefits quickly: while the oil collapse and growth cycle were also issues in 1986, the S&P 500 rallied 40%, pricing in the tax plan before it was really even implemented in July 1987. It then crashed 40%
The Senate intelligence committee has sent formal requests to more than a dozen organizations, agencies and individuals, asking them to preserve all materials related to a probe the panel is conducting on Russian interference in the 2016 election and related issues.