The just proposed NAFTA 2.0 is - in Trump's words - a “very special” and “incredible” deal. However, according to some experts, it may meet neither of Trump’s main goals. If anything the deal could do the opposite, biting the president politically...
...in today's fraught environment it can be well and truly said that the chartmonkeys have become deaf, dumb and blind to everything happening on Planet Earth external to the gaming tables where they slosh around in their cups.
US index futures rose higher into record territory, as European stocks pared muted gains after the EURUSD rose above 1.17, pressuring exporters, while Asian shares were broadly higher, but the main theme of the session was another day of USD weakness.
"No, the reason certain EM currencies are losing purchasing power is the fault of individual governments and their central banks, who do not seem to realize that their unbacked fiat currencies are valued purely on trust, both that of their own people and on the foreign exchanges. And as we should know, trust is not something to be toyed with."
As lenders stretch to find ways to lend more money and boost interest income in a time of rising funding costs, and as borrowers continue to overextend themselves, risky unsecured personal loans are soaring in popularity.
"The greatest tool at the disposal of globalists is the use of false paradigms to manipulate public perception and thus public action...We are told the-powers-that-be are divided by 'Left' and 'Right' politics, yet both sides actually support the same exact policy actions when it comes to the most important issues...it's nothing but Kabuki theater."