Japan Slips Into Recession
Japanese PM Shinzo Abe has made restoring the Japanese economy to significant growth and the ending of a 20 year run of deflation the priorities of his administration. In order to do this, the Bank of Japan (BOJ) has adopted even more accommodative monetary policies including an aggressive asset purchase scheme and there has been […]
Wrinkles Of The Swiss Gold Referendum
How Relevant is the Swiss Referendum to the Gold Price? Regular readers will already know the answer to this question, while readers not familiar with our previous discussions of this particular topic should take a look at a recent post by Mish that does an excellent job of explaining the issue in the context of the gold […]
October 2014 Sea Container Counts Showing Exports Falling Of The Proverbial Cliff
Export container counts continue to weaken, which is a warning that the global economy is slowing. Export three month rolling averages continue to decelerate – being in negative territory year-over-year. This is a headwind for 4Q2014 GDP. Container counts are a good metric to gauge the economy. Consider that imports final sales are added to GDP […]
On Obama And The Nature Of Failed Presidencies
We do not normally comment on domestic political affairs unless they affect international affairs. However, it is necessary to consider American political affairs because they are likely to have a particular effect on international relations. We have now entered the final phase of Barack Obama’s presidency, and like those of several other presidents since World War II, […]
TapImmune Shares Gain 28% On Pending Catalysts And Published Comments By CEO
Shares of TapImmune, Inc. (OTCBB:TPIV) rose nearly 30% on Monday after the firm was mentioned positively by analysts reacting to recently published comments by Chairman & CEO Glynn Wilson, PH.D. Wilson, in an exclusive interview with Life Sciences Intellectual Property Review estimates the Seattle-based company will be worth more than a $1 billion in just five years. The U.K. Based Life Sciences […]
One Reason Why Sickcare Is Outrageously Expensive: Needless Scans/Tests
Add easy profits from needless tests to defensive medicine and no cost controls or real competition, and we have the perfect formula for waste, fraud, profiteering, bad medicine and dysfunctional, unaffordable healthcare. Why is sickcare (a.k.a. “healthcare”) absurdly unaffordable in America? There are many structural reasons which I have covered in depth for years, but one […]
Financial Repression Authority With Michael Pento
Gordon T. Long and Michael Pento discuss financial repression.
EUR/USD Forex Signal For November 18, 2014
EUR/USD Signal Update Yesterday’s signals expired without being triggered. Today’s EUR/USD Signals Risk 0.75% Trade only between 8am and 5pm London time. Short Trade 1 Go short following bearish price action on the H1 time frame immediately following the next touch of 1.2562. Place the stop loss 1 pip above the local swing high. Move the […]
EC And Now The Richest .01 Percent
The richest Americans hold more of the nation’s wealth than they have in almost a century. What do they spend it on? As you might expect, personal jets, giant yachts, works of art, and luxury penthouses. And also on politics. In fact, their political spending has been growing faster than their spending on anything else. […]
Fed Inflation Barometer Tumbles To Lowest Since 2008
Despite The Fed’s Jim Bullard proclaiming last week that inflation expectations had rebounded (by which we assumed he meant the Dow), 5-year forward 5-year inflation expectations just dropped in the US to the lowest since 2008. The rest of the world is no better. In spite of promised and delivered policies Japanese and European inflation expectations are […]
