Norway

Key Events In The Coming Vacation Week: All About Inflation

With the traditional post-payrolls market lull setting in, and most trading desks taking a week or two off, it will be a relatively quiet week with attention turning to inflation data with releases in the US, China, Norway & Switzerland, a key factor as central banks consider if/when to tighten in the near future.

Frontrunning: August 7

  • Futures slightly higher after Dow's record run (Reuters)
  • Tillerson says U.S., Russia can settle differences (Reuters)
  • Hot-Stock Rally Tests the Patience of Value Investors (WSJ)
  • ‘Good Conservative’ Grassley Ramps Up His Panel’s Trump-Russia Probe (BBG)
  • Brands Strike Back: Seven Strategies to Loosen Amazon’s Grip (WSJ)

Russia, Belarus Joint Drills Used As Pretext For NATO War Preparations

'Zapad-2017' is a joint strategic military exercise of Russia and Belarus scheduled for September 14-20, 2017. NATO, the United Nations, the OSCE and other countries have been invited to send their observers... "The hysteria which is being whipped up in Lithuania [about Zapad-2017] is meant to score political points and justify the militaristic psychosis..."

Electric Vehicles No Threat To Oil Prices Anytime Soon

Hardly a day goes by without another media report about the impending demise of the Internal Combustion Engine as petroleum powered cars and trucks are replaced by uber-clean Electric Vehicles. It is just a matter of time before EVs start to materially reduce global oil demand thereby capping a meaningful oil price recovery now and creating an ever-shrinking industry in the future... Except it isn’t true.

To Fix Healthcare, We Need To Repeal A Lot More Than Obamacare

If repealing Obamacare is really the goal, the GOP should instead focus on repealing and undermining the edifice on which Obamacare was built: the highly regulated, subsidized, and manipulated healthcare markets that dominate today.

Sweden Wins Award For 'Best Country To Be A Migrant'

The U.S. News & World Report has decided to rank 80 countries around the globe based on their appeal to migrants.  To summarize the results, the countries with the best economies and highest entitlement spending per capita allow their migrants the greatest opportunity to export domestic wealth and are therefore the 'winners.'