When Government Shuts Down...Everyone Else Is Better Off

"...government 'shutdowns' are neither as unpopular, or as troublesome, as the media and Washington politicians assume...The evidence is pretty clear - the longer these politicians bicker and argue, the better off everyone else will be."

  • Jan 22, 2018 4:58 PM
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Jim Kunstler: Blow Back Batters The #Resistance

"These are some of the big questions that a nation not 100%-distracted and misdirected will want some answers to... how long can this toxic political struggle go on before the financial markets notice what it says about the country."

  • Jan 22, 2018 3:18 PM
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Nord Stream 2 Is A Game Changer For Gazprom

Despite seemingly crippling U.S. sanctions and the EU’s hastily engineered gas rules, the construction of Nord Stream 2 has been going forward as planned, and for the first time in history, its share in Europe’s gas consumption reportedly reached 40%.

  • Jan 22, 2018 2:48 PM
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Morgan Stanley: "Tax Reform Is Now Fully Priced In"

"Tax reform is fully priced, especially if one agrees with our view that multiples are likely to fall when the earnings revisions stop rising and investors recognize they are staring at a massive deceleration in 2019..." - Morgan Stanley

  • Jan 22, 2018 1:45 PM
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America Is Bankrupt And Washington Doesn't Care

"...neither Democrats nor Republicans demonstrate the slightest concern about the fiscal cliff over which they are taking the nation... The American people are and will always be the losers."

  • Jan 22, 2018 1:26 PM
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Overheard At Davos: "Things Are Too Good To Be True"

With global markets trading at all time highs, and the world economy benefiting from a coordinate rebound, the mood at Davos is surprisingly weary: "If things seem too good to be true in the global economy, they probably are."

  • Jan 22, 2018 1:06 PM
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