International Monetary Fund

Greek Bond Yields Tumble After Euro Zone, IMF Agree On "Common Stance"

In a welcome sign the latest conflict between the troubled Greece's lenders may be thawing, Reuters reports that Euro zone creditors and the International Monetary Fund have agreed between themselves to present a common stance to Greece later on Friday in talks on reforms and the fiscal path Athens must take.

Frontrunning: February 8

  • Stock futures little changed amid earnings rush (Reuters)
  • Workers Set to Strike at World’s Largest Copper Mine (WSJ)
  • For Trump Travel Ban, Hard Questions From U.S. Appeals Court (BBG)
  • Melania Trump Sues Mail Online for $150 Million (BBG)
  • Ivanka Trump oversaw Murdoch daughters’ trust (FT)

Is Trump About To Hammer The Federal Reserve?

The Trump mandate on “America First” is being misconstrued as an isolationist policy but is in fact the cover for integrating America into the emerging multilateral.

The 2017 "Davos Consensus" - More Welfare And More Warfare

In short, it’s a bunch of out-of-touch, self-anointed elites meeting to hand down from above their uniformly bad “solutions” to the world’s problems. Then they pat each other on the back for all the good they’re doing. No matter the problem, their prescription is always more welfare, more warfare, more money printing, more taxes, and of course, more centralization of power into global institutions.

80% Of Central Banks Plan To Buy More Stocks

Invesco recently released a report on central-bank investment polling 18 reserve managers around the globe. It found that 80% planned to buy more stocks in the future.

Trump And A New Gold-Backed Dollar

Trump recently said, “We will no longer surrender this country, or its people, to the false song of globalism.” In our view, there’s only one way Trump could fight the global elites and their SDR plan: return the dollar to some sort of gold backing.

Chinese Investors Exit Bitcoin, Flood Into Gold ETFs

Amid a weakening yuan and a tumbling Bitcoin (amid crackdowns on 'virtual' capital outflows from China), Chinese money is moving to bullion as investors seek an alternative to the 'managed' fiat paper offered by the PBOC. In the week through Monday, China attracted $52 million, the biggest inflow into commodity-linked exchange-traded funds of all countries tracked by Bloomberg.