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EconMatters's picture

It appears the Federal Reserve took notice of the overheated stock market and realized they really must be behind the inflation curve. You don`t reach year end targets in the stock market already at all-time highs and haven`t even gotten out of February, and not wake up and realize that you are way behind the asset bubble inflation rate hiking curve.

Intel Committee Head: No Evidence Of Contact Between Trump Campaign, Russia

The chairman of the House Intelligence Committee said on Monday he has seen no evidence of contact between Donald Trump's campaign and the Russian government during the 2016 presidential election. Nunes said he had been briefed on a transcript of a phone call that Michael Flynn had with a Russian envoy after the election and said he did not hear anything worrisome about that call.

EconMatters's picture

The oil market is not fixed, we have made no progress whatsoever is addressing the poor fundamentals of the oversupply of the product versus the global demand for the product. This is basic economic theory: Oil prices need to go down further and stay there until oil producers stop producing oil and go out of business in the free market producing countries.