Mexico

Is Tide Going Out On Hillary?

Other than being the first woman president, what is the great change that Hillary Clinton offers America?

Frontrunning: September 9

  • German jitters weigh on stocks, ECB doubts lift yields (Reuters)
  • Chinese Billionaire Linked to Giant Aluminum Stockpile in Mexican Desert (WSJ)
  • Monte dei Paschi CEO to be replaced as cash call looms (Reuters)
  • German exports plummet in July, hit trade surplus (MW)
  • North Korea conducts fifth and largest nuclear test (Reuters)
  • Hedge Fund and Cybersecurity Firm Team Up to Short-Sell Device Maker (NYT)

Negative Rates & The War On Cash, Part 2: "Closing The Escape Routes"

History teaches us that central authorities dislike escape routes, at least for the majority, and are therefore prone to closing them, so that control of a limited money supply can remain in the hands of the very few. The existence of escape routes for capital preservation undermines the viability of the banking system, which is already over-extended, over-leveraged and extremely fragile. In the 1930s, gold was the escape route, so gold was confiscated. This time cash serves that role...

Frontrunning: September 6

  • G20 a success for China, but hard issues kicked down the road (Reuters)
  • Apple’s New iPhones Arrive, as Glow Fades (WSJ)
  • Philippines scrambles to soothe tensions after insult to Obama (Reuters)
  • CNN: Nine weeks out, a near even race (CNN)
  • More Records Releases Loom for Hillary Clinton (WSJ)

Clintonomics vs. Trumponomics

Immigration, terrorism, foreign policy, and the candidates' potentially problematic personality traits have dominated the 2016 US presidential race, and far less has been said about their proposals for the economy. But there are substantial differences between the two candidates in this respect, too, and they need to be examined.

Conquistador Trump

Trump’s stance in Mexico City and Phoenix reveals that there is no turning back. The die is cast. He is betting the election on his belief that the American people prefer his stands to Clinton’s call for amnesty. The “well-being of the American people” may be the yardstick by which U.S. policies will be measured in a Trump presidency. This is also applicable to Trump’s stand on trade and foreign policy.

Death Panel Discussion: Obamacare Costs Skyrocket; When Does It Stop?

Companies are taking advantage of a mix of laws that force insurers to include essentially all expensive drugs in their policies, and a philosophy that demands that every new health care product be available to everyone, no matter how little it helps or how much it costs. Anything else and we’re talking death panels...If Obamacare did not force insurers to provide coverage for every drug, and if Medicare put a cap on costs, prescription drug prices would crash. The same applies to operations and every other aspect of health care. Government is the problem, not the solution.