The area where the pace of recovery has remained weak is the emerging economies outside China (EMXC), which account for roughly 25% of global nominal dollar GDP.
...either cascading defaults will accompany a recession, or government fiscal and monetary policy coordination is applied to eventually inflate it away...
Please try hard not to laugh when reading what "socially responsible, environmentally safe, aggressively progressive" companies that one buys when one investing into ESG.
...beguiled by “stimulus” and hopium, Wall Street completely ignores the contradiction between over-the-top demand stimulus and what amounts to supply-side contraction owing to economic martial law...
“Project Zimbabwe” is very much the playbook here. That said, over the next few weeks leading up to the election, there will almost certainly be volatility...
James Owen Vorley was one of the two Deutsche Bank directors of The London Gold Market Fixing Limited and The London Silver Market Fixing Limited from 2009 to 2014
i) The fate of additional US stimulus (CARES 2.0); ii) The first US presidential debate (September 29); iii) COVID-19 cases, which should better reflect the impact of school reopenings; and iv) Brexit.
Recently, several gold commentators have stated that there is an anomaly in physical delivery numbers of the COMEX futures exchange in New York. After reviewing the numbers I see no fraud in the data.
Thus, the French migration system ended up in zugzwang: opening a window for a massive flow of immigrants, whose cultural identity differs significantly from the cultural identity of the host society...
