In a continuation of a worrisome trend, obesity rates in the US continued to rise in 2015, hitting 28%. That's right America, nearly a third of you are grossly overweight.
Is this what we have to look forward to?
"A good player knows when to pick up his marbles..."
No real damage to shorts yet in the oil market...
Beware, we are now spiraling headlong into a collapse thanks to a nightmarish NIRP "doom loop" from which the global cabal of central bankers' gone full-Krugman will not allow us to escape.
"If the market is to make a new high this rally must break through the resistance in the S&P 500 around the 1950 area on increasing volume. If it fails, then the decline will drop to the 1740 area which I have repeatedly said MUST HOLD or the markets are in a MAJOR BEAR MARKET that will test the lows reached in 2009."
Last month, Bernie Sanders as well as dozens of other lawmakers on Capitol Hill were outraged to learn that the Obama administration was set to start deporting hundreds of Central Americans who came to the US fleeing violence. Donald Trump applauded the move. A month later we learn that the deportations have sharply reduced the number of illegal immigrants coming into the country.
The increasingly unstable footing that we find ourselves standing on is reflected in widening credit spreads that demonstrate that CONFIDENCE is indeed collapsing. We are on the precipice of what can only be described as a rising systemic risk for all markets.
CHESAPEAKE SAID PLANNING TO PAY $500 MILLION DEBT DUE IN MARCH
Authored by Steve H. Hanke of The Johns Hopkins University.
Since the Great Recession, politicians have obsessed over bashing banks and bankers. According to Pols of all stripes, bankers caused the 2008-09 crash and ensuing slump. To make the world safe from banks, the “all-knowing” have given us Basel III, Dodd-Frank, and a plethora of banking regulations. This has, among other things, provided Bernie Sanders and his ilk with an open field.
Republicans should give Mayor Mike every encouragement to enter the race. For though he threatens to spend a billion dollars of his own money to buy the presidency, his name on the ballot as a third-party candidate could send the Democratic nominee straight down to Davy Jones’s locker. With Bloomberg siphoning off millions of liberal votes, Democrats would not only lose red states they customarily write off, winning solid blue states would require a far steeper climb.
Japanese stock markets have crashed 15% (the "most since Lehman") and USDJPY plunging (most since 1998) since Kuroda unleashed NIRP and are down 11% since QQE2 was unveiled to save the world from an absent Fed. So with NIRP and QE (and jawboning) now 'useless' for Japanese monetary policy, there is only one option left - Yentervention.