One day after the FOMC Minutes guided to a rate hike "fairly soon", but not soon enough in the eyes of the market, the dollar has posted minimal gains, while global stocks held near record highs on Thursday; S&P futures were fractionally in the green to start the session; crude climbed after API showed U.S. stockpiles fell. US and euro zone government bond yields fell as European political fears faded.
The FOMC minutes came and went with a thud. You could feel the energy level evaporate from a market hoping for the Fed to signal that its actions might bear some resemblance to their speech-making. Still, there has been no shortage of analysts saying the missive reflected whatever it was they wanted to hear.
The state of Tennessee has laid the legislative groundwork for something that hasn't been done in the United States of America since 1787, after voting 27-3 to call a "convention of the states"...the last time such a convention was called the United States tossed out the Articles of Confederation and formed a whole new government guided by the newly drafted Constitution that we still use to this day.
Two months into Philadelphia's soda tax, supermarkets and distributors are reporting a 30% to 50% plunge in beverage sales, preparing for a legal fight with city hall, and are planning for mass layoffs.
"The renegotiation might bring increased costs to imports, and our own exports might be hurt, so we need to find new markets. We’d like to keep the trade deal as it is, but right now we have to look for alternative producers and Brazil and Argentina could work."
If 2016 was the year of the breakthrough, 2017 could see the status-quo fightback, with Europe likely to form the battleground ahead of pivotal elections. And, while next month's general election in The Netherlands may not be the biggest showdown of the year, the outcome could set the tone for 2017.
"There is chalk on the oval saying "Build the Wall" which could be construed as hate speech against Hispanic students and undocumented citizens. This is unsafe for the University community and cannot be allowed."
The end goal is to destroy the Constitution and subvert the country. Are all NPO’s this way? No, certainly not. But the majority are, and this is one of the things that needs to be addressed by the current administration and Congress, brought to light by We the People…to keep Soros and his ilk from taking us in the direction that other countries have been taken…and at taxpayer expense, with the 501(c)(3) as their shield.
During a lively discussion centered on fears that President Trump is "trying to undermine the media,"MSNBC's Mika Brzezinski let slip the awesome unspoken truth that the media's "job" is to "actually control exactly what people think."
After analyzing the situations in Iran, Russia, Ukraine, and Syria as well as the stance towards NATO, the EU and China, we can begin to decipher how Trump has used admissions, silences and bluffs in order to advance his intentions and obviate the deep state’s sabotage efforts.
Between China's housing minister admitting the local real estate market is in a bubble, and China planning to implement property taxes, what has until recently been a trickle of selling will likely turn into a flood soon, and is the reason why Axiom's Gordon Johnson is warning to sell steel and iron ore immediately.
No matter where you come down on the immigration debate, like it or not, there are millions of low-skill jobs in this country, particularly in the Southwest, that our pampered, snowflake millennials wouldn't touch with a 10-foot pole and are thus filled by "undocumented" workers primarily from Mexico and other portions of South America...here's a look at the economic consequences of removing those workers.
If one is sincerely opposed to racism, sexism, and fascism then it may be best for him to refrain from engaging in racist, sexist, and fascist means to support his cause. The fact these radical leftist factions utilize such means indicates a more sinister and subtle objective than the purported one of “social justice.”
The cancerous virus of freedom-destroying worldwide cash-bans - in the name of fighting terrorism - has reached Taiwan this week. With the aim of 'preventing money-laundering', Taiwan may ban cash purchases of properties and luxury goods, Taipei-based Economic Daily News reports, citing unidentified official at Ministry of Justice.
Our country is beset by a large number of economic myths that distort public thinking on important problems and lead us to accept unsound and dangerous government policies. Here are ten of the most dangerous of these myths and an analysis of what is wrong with them.