Japan

Not All Millennials Are 'Snowflakes'

While it's certainly good sport to mock 'snowflakes', not all Millennials are snowflakes. Many are homesteading, buying affordable homes and building communities that get stuff done.

The Illusion Of Liquidity

As my mom used to say: “It’s all fun and games until someone gets their eye put out.”

Albert Edwards Is Puzzled: "Where Is The Wage Inflation?"

"To be honest I am a little surprised that US nominal wages are not showing more of an acceleration given surging headline inflation has crushed real wage growth over the last year. Falling US real wages are already resulting in slower consumption growth, but workers have not yet pushed up nominal wage inflation..."

Goldholics Anonymous

With the rising global political tensions, gold has gotten a bid over the past week. But is that what is driving the price?

Bill Blain "Can't Figure Out What Is Keeping Stocks So Buoyant?"

At this stage folks who think the Trump Jump effects are real seem to be missing the big reality – nothing in Washington has changed: the diverse and loosely aligned lunatic fringes of the Republician party mean policy Gridlock remains the reality.

S&P Futures Slide Ahead Of Bank Earnings

S&P futures extended their Wednesday decline, dropping in the overnight session with banking shares in focus ahead of results from JPMorgan and Citigroup. European stocks likewise retreated along with the dollar, while Asian shares were mixed.

US Deploys "Nuclear Sniffer" Plane To Japan As North Korea Tensions Come To A Boil

As tensions over North Korea's nuclear program mount, the United States Air Force has deployed a WC-135 (a.k.a. the "Nuclear Sniffer"), an aircraft that specializes in detecting radioactive debris after the detonation of a nuclear device, to Okinawa, Japan to assist with monitoring for potential nuclear tests in the region. 

Frontrunning: April 12

  • Futures flat as geopolitical risks weigh; earnings eyed (Reuters)
  • Brent oil rises for 8th day on possible extension to supply cut (Reuters)
  • U.S. accuses Russia of Syria gas attack 'cover up' (Reuters)
  • Xi Tells Trump China Wants Peaceful North Korea Solution (WSJ)
  • Tillerson, Lavrov Hold Talks in Moscow Amid Rising Tensions Over Syria (WSJ)

Traders "Swoop" On Stocks, Oil Rises For 8th Day But Bonds Still Don't Buy It

S&P futures are unchanged and Asian stocks closed mixed, however European stocks rebounded for first time this week, led by auto stocks after Daimler’s quarterly profit, as a break in alarming political news prompted traders to "swoop" - as Reuters puts it - on equities, cooling a safe-haven rally that saw the yen and gold at five-month highs and bond yields to drop their lowest this year.

The Baby Boom Tsunami That May Drown The Economy

The baby boomers are now transitioning into max savers and ultimately max social burdens in the years of 2020-2030. During this time period, the working age and max spenders in society will have difficulties in supporting the aging population.