M2

China's Plan To Subvert The Global Dollar Standard

The instability brought into the geopolitical equation by the Trump presidency, and the early signs the US economy is grinding to a halt under the sheer weight of consumer and government debt, are increasingly likely to prompt China and Russia into firm financial action, if only to protect themselves in an unstable financial and monetary environment.

'Reflation' In Danger Due To Low Liquidity

The poorer liquidity backdrop for broad and narrow money will represent a headwind to economic growth, risk assets and specifically bank stocks, which we recommend as shorts...

Meet The Machine-Gun Wielding Robots And 'HyperSubs' Of Modern Warfare

When the U.S. Marines and Allied forces stormed the beaches of Normandy in June 1944 over 200,000 Allied forces lost their lives in a matter of weeks. Now, courtesy of some futuristic military technology, "storming a beach" can be done from a completely remote location with some machine-gun wielding robots

Marx, Orwell, And State-Cartel Socialism

"Socialism" is simply another flavor of state-cartel capitalism; Orwell would be proud of all the simulacrum self-serving "socialists" who have managed to enrich themselves at the expense of those actually producing goods and services.

Venezuela's Money Supply Soars By A Record 200%

Soon after a month-long hiatus from publication, the central bank said late on Friday the total amount of local currency in circulation, M2, as of March 24 was 13.3 trillion bolivars, up 202.9% from a year earlier.

Venezuela Stops Publishing Money Supply Data For Obvious Reasons

More than a year after hyperinflating banana republic Venezuela stopped reporting official inflation data, Venezuela has stopped publishing money supply data, depriving the general public of the last, and best, available tool to ascertain soaring inflation in what has become the world's worst-performing economy.

Paul Brodsky: "Stagflation On The Horizon"

Logic and current trends suggest that declining output growth accompanied by higher prices will begin hitting economies and facing policy makers in the coming years. Markets should begin sniffing out this stagflationary macroeconomic setup this year.

S&P Futures, Global Stocks, Euro Dragged Lower By Deutsche, Geopolitics, French Election Worries

European shares and S&P futures are modestly lower this morning, dragged down by fresh geopolitical concerns out of North Korea which last night fired 4 ballistic missiles, by renewed political jitters ouf of France where Alain Juppe announced he would not run in the presidential election, from Deutsche Bank whose aggressive equity offering has weighed on local stocks, and from China's announcement over the weekend in which it modestly cut its economic outlook.

Schlichter: President Trump Needs To Keep His Promises No Matter What

"This much is clear - if President Trump fails to keep his word, he’s toast. And he should be - we’ve spent decades being lied to, bamboozled, and swindled by both fork-tongued liberals and fake 'conservatives'...There’s no more slack to give; we’re done with leeway and wiggle room. The president has two choices: Keep his promises, or fail disastrously."

In Latest Tightening Move, China To Cut Money Supply Growth To 12%

In the latest warning that Beijing hopes to tighten financial condition, Reuters reported that China plans to target broad money supply growth of around 12% in 2017, down from the 13% target in 2016, signaling a bid to contain debt risks while keeping growth on track.