Belgium

Dazed & Confused... Treasury Buying Versus Asset Valuations?

"I'm dazed & confused...economists and the consensus all acknowledge 2001 and 2007 were low interest rate, debt driven financial and economic bubbles.  However, somehow today's even lower interest rate environment resulting in an additional $9.5 trillion in equity valuation from the last bubble peak...this one is legit and isn't a bubble???"

Renewable Lies And The Deception Of Dutch Commuters

The Netherlands’ electrified railways continue to be powered dominantly by fossil fuel electricity. The 'Harried Dutch commuters' who are 'travelling on one of the most environmentally friendly rail networks in the whole of Europe, if not the world' are being sold a bill of goods.

Martin Armstrong Warns EU Just Declared US Is The New Enemy

The European Union’s chief BREXIT negotiator, Guy Verhofstadt, told Reuters that Donald Trump is part of a three-pronged attempt to undermine the European Union. His comments reflect just how deranged the EU politicians really are for they will accept no blame whatsoever for any of their own policies.

Trump, May Press Conference Key Highlights

In President Trump's first official press conference with a foreign leader, the president sounded calm and collected, and reaffirmed the special relationship between the US and UK Some highlights:

Policy Makers - Like Generals - Are Busy Fighting The Last War

It's long overdue to acknowledge we face a future absent net growth and likely a future with fewer consumers, fewer homebuyers, fewer taxpayers, fewer employees.  We face a battle where higher productivity leads to ever more being done by ever fewer people... and if we aren't thoughtful, honest, and creative in how we adapt to this new reality... terrible consequences could await us.

Twitter Sued By Families Of Terrorism Victims For "Providing Services To ISIS"

a lawsuit was filed against Twitter by families of three Americans killed during ISIS attacks in France and Belgium, claiming the social media platform played "a uniquely essential role in the development of ISIS' image, its success in recruiting members from around the world, and its ability to carry out attacks and intimidate its enemies."

Trump Is Set To Label China A "Currency Manipulator": What Happens Then?

The main point of naming China as a currency manipulator would be to bring China back to the negotiation table at the lowest cost. Trump has publicly stated that he supports bilateral vs. multilateral trade agreements. It is possible that the Trump administration will seek to engage China in trade agreement negotiations as soon as possible, even before a manipulation conclusion is drawn.

Frontrunning: January 6

  • December Jobs Data to Wrap Up Obama’s Economic Legacy (WSJ)
  • FBI Says Democrats Refused Access to Hacked E-Mail Servers (BBG)
  • As Trump attacks, Nissan at bigger risk than Toyota (Reuters)
  • Democratic leader Schumer emerges as Trump's newest punching bag (Reuters)
  • PBoC raises renminbi’s daily fix by most since 2005 (FT)
  • China central bank urges rational investment in bitcoin (Reuters)