Reality

Global Markets Rebound To End Volatile Week, As Trump Rout Fades

Two days after the biggest rout in US stocks in 8 months, and one day after Brazil's stock market was halted due to a circuit breaker, wiping out out 8.8% of its market cap, traders are eager to put it all in the rearview mirror and in a quiet session on the last day of the week, S&P futures are set for a green open, up 0.2%, in line with Asian and European markets, all looking to close the week on a positive note.

Venezuela: Forty Years Of Economic Decline, Part 1

While Chávez and his successor Nicolás Maduro deserve the brunt of the blame for Venezuela’s current economic calamity, the underlying flaws of Venezuela’s political economy point to much more systemic problems.

Exposing The Soft Underbelly Of Scandinavian "High-Tax Happy-Capitalism"

Take away these unsustainable bubbles, and how "happy" will these economies (or their suddenly impoverished residents) be? Central planning based on central-bank inflated debt-asset bubbles works until it doesn't. The day of reckoning draws ever nearer in every economy that's created the illusion of solvency with debt/asset bubbles and export-dependent economies.

A Random Walk Down Baltimore's Triangle Of Death

"Baltimore’s homicide rate is more than triple Washington’s rate and higher than the homicide rates in New Orleans and Chicago, two places that have become national symbols of gun violence...Referred to as the ‘Triangle of Death’, West Baltimore City  is a stark reminder if America doesn’t get her industry back, this is coming to a town near you."