"As China’s power expands and as U.S. power is put to the test in Asia, it is likely that the U.S. will correct its recent strategic shortsightedness and find ways to work with Russia. Or at least it should."
There was some confusion what was behind the relentless move higher in tech stocks during the second quarter. There is much less confusion after the Swiss National Bank released its latest 13F filing.
An unknown HFT trader is placing massive buy orders on Turkish stocks at a time when virtually everyone else is liquidating and bracing for a crisis...
"Socialists think government is the solution to every problem. They also pretend that what government provides is free... Sanders' videos would be just a joke if millions didn't watch..."
European stocks slid amid trade war worries even as China surged; Russia’s ruble tumbled to a 2-year low after the US imposed fresh sanctions while Turkey’s lira dropped to a new record low.
The places where most of your paycheck goes to rent is actually cities with high salaries but very high rent. Only College Station and Orlando have relatively low rent and make the list because of low salaries.
"...a better-late-than-never realization by the Fed that they are over-tightening into fundamental economic weakness, followed quickly by a full-reversal flip to easing in the form of pauses on rate hikes in September and December."
"...to paraphrase one more aphorism, the cure for low prices is … low prices. The further gold falls, the more pessimistic futures speculators become, to the point that they’re now close to being net short, something that hardly ever happens. "
A renewed round of tariffs against China by president Trump dented bullish sentiment, but nothing appears able to stop the S&P which is just 14 points from making a new all time high, a goal it will likely achieve today.
"These platforms that claim to be “open” and in favor of “free speech” are now routinely targeting the views and expressions of conservatives and anti-globalists."
"In a corporatist system of government, wherein there is no meaningful separation between corporate power and state power, corporate censorship is state censorship. "
"This morning I woke up, looked around me, and saw a world sinking into a quagmire of voluntary censorship, a world willing to let someone far away choose what it can and cannot see of itself, and about itself. "