Gallup

Yes, You Should Be Concerned With Consumer Debt

The mirage of consumer wealth has been a function of surging debt levels. “Wealth” is not borrowed, but “saved,” and this is a lesson that too few individuals have learned. Until the deleveraging cycle is allowed to occur, and household balance sheets return to more sustainable levels, the attainment of stronger, and more importantly, self-sustaining economic growth could be far more elusive than currently imagined.

Macron Approval Rating Crashes Twice As Fast As Trump's

It appears that Trump is no longer the president with the fastest plunge in his approval rating: that honor has now fallen to France's Emanuel Macron, who since his dramatic victory in the May 7 presidential election, has seen his popularity plummet twice as fast as that of even Donald Trump.

Why Obamacare Repeal Failed

...rural Trump-backers have come to terms with Obamacare. “As much as I was against it,” said one fiscally conservative voter, “at this point I’m against the repeal.” One restaurant owner commented, “I can’t even remember why I opposed it.”

Why People Love And Hate Trump

Trump's low approval ratings are being driven by his unconventional style and non-normative pattern of White House behaviour rather than his actual policies and views.

A Month Of Multiculturalism In Germany: June 2017

"I would strongly urge for the age limit for surveillance to be lowered throughout Germany. Minors have already committed serious acts of violence. Normally, the domestic intelligence agency in Bavaria would not place children under surveillance. But if there is concrete evidence that a 12-year-old is with an Islamist group, we have to be able to monitor them, too."

Merkel Migrant Blowback Begins: "Chechen Sharia Police Terrorize Berlin"

A hundred Islamists are now openly enforcing Sharia law on the streets of Berlin, according to local police who are investigating a recent string of violent assaults in the German capital. "Everyone's attention is fixed on the Syrians, but the Chechens are the most dangerous group. We are not paying sufficient attention to this." - Police in Frankfurt (Oder).

Key Events In The Coming Busy Week: Yellen, Inflation, Durables And GDP

The main releases this week are the durable goods report on Monday, the Q1 GDP revision on Thursday, and the personal income and spending report on Friday. There are also many speaking engagements by Fed officials including a speech by Fed Chair Yellen on Tuesday.