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Tag Archives: Wall Street Journal
Economic Damage Wrought By Hurricane Florence Nearly 10 Times Worse Than Expected
Economic Damage Wrought By Hurricane Florence Nearly 10 Times Worse Than Expected Rivers in the Carolinas are still rising and North Carolina Gov. Roy Cooper has warned that it still isn’t safe for displaced residents to return to their property. But that hasn’t stopped Moody’s from releasing the first estimate of the economic damage wrought […]
China May Skip Trade Talks, Cripple US Supply Chains After New Trump Tariffs
China May Skip Trade Talks, Cripple US Supply Chains After New Trump Tariffs When discussing yesterday’s WSJ report that the Trump admin may slap the new, $200BN round of tariffs on Chinese imports as soon as tomorrow, we said that such an escalation would likely derail talks with top Chinese officials, currently scheduled in Washington […]
Trump To Announce $200 Billion In New China Tariffs As Soon As Monday
Trump To Announce $200 Billion In New China Tariffs As Soon As Monday In the latest installment of the story that just won’t go away, the WSJ reported on Saturday that – as Bloomberg reported first yesterday – the Trump administration plans to announce new tariffs on up to $200 billion in Chinese goods as […]
US, France, and UK In Direct Talks Over Possible Syria Strikes
US, France, and UK In Direct Talks Over Possible Syria Strikes “That has to be, in the history of propaganda in the 20th and 21st centuries, one of the most outrageous claims that I can think of,” John Bolton stated in response to Moscow’s charge that anti-Assad insurgents in Idlib are preparing a chemical false flag in […]
Weekly Commentary: Instability
Weekly Commentary: Instability With the Turkish lira down another 6.6% in Monday trading, global “Risk Off” market Instability was turning acute. The U.S. dollar index jumped to an almost 14-month high Monday, as the Turkish lira, Argentine peso, Indian rupee and others traded to record lows versus the greenback. The South African rand “flash crashed” […]
Fate Of Key Gas Pipeline In The Balance As Putin, Merkel Begin Meeting
Fate Of Key Gas Pipeline In The Balance As Putin, Merkel Begin Meeting “Russian influence will flow through that pipeline right into Europe, and that is what we are going to prevent,” an unnamed U.S. official told the Wall Street Journal just as Russian President Vladimir Putin and Chancellor Angela Merkel meet outside of Berlin on Saturday centered […]
Another Way Of Looking At The Pension Crisis, As “A Stealth Mortgage on Your House”
Another Way Of Looking At The Pension Crisis, As “A Stealth Mortgage on Your House” Money manager Rob Arnott and finance professor Lisa Meulbroek have run the numbers on underfunded pension plans and come up with an interesting – and highly concerning – new angle: That they impose a “stealth mortgage” on homeowners. Here’s how […]
Five Trillion Dollars! Doomed US Pensions’ Shortfall Now The Size Of Japan’s Economy
Five Trillion Dollars! Doomed US Pensions’ Shortfall Now The Size Of Japan’s Economy Scores of public pensions across the United States are so massively underfunded that the shortfall is roughly equal to Japan’s GDP – the world’s third-largest economy, according to Moody’s Investors Service. State and local pension plans in the U.S. now have less than […]
Harvard Professors Expose ‘The Real Problem With Stock Buybacks’
Harvard Professors Expose ‘The Real Problem With Stock Buybacks’ Many critics say buybacks crimp investment. But the real problem is that – unlike dividends – buybacks can be used to systematically transfer wealth from shareholders to executives.. There is a problem with share buybacks – but it isn’t the one many critics and legislators are […]
China’s Surveillance State Is Using RFID Chips To Track Cars’ Movements
China’s Surveillance State Is Using RFID Chips To Track Cars’ Movements China, the world’s most populous country, continues to devise new methods of keeping tabs on its 1.4 billion citizens. And after the Wall Street Journal reported earlier this week about a powerful new spy camera devised by a team of researchers at Duke University […]
City Officials Struggle To Fend Off “Unstoppable Juggernaut” Of Chinese Homebuyers
City Officials Struggle To Fend Off “Unstoppable Juggernaut” Of Chinese Homebuyers As we’ve pointed out time and time again, foreign – mainly Chinese – buyers seeking to park their ill-gotten gains beyond the reach of the Communist Party have – in addition to global capitals like New York City and London – favored a handful […]
US Debating Whether To Expand Military Presence In Yemen
US Debating Whether To Expand Military Presence In Yemen As if the US hasn’t already done enough to exacerbate the humanitarian crisis raging in Yemen, the Wall Street Journal reported Monday that the Trump Administration is considering a request by the United Arab Emirates for “direct US support” as a coalition of Sunni majority nations […]
Why I Think the Stock Market Cannot Crash in 2018
Why I Think the Stock Market Cannot Crash in 2018 But the crash-insurance policy is a one-time deal. And then what? The 85% of S&P 500 companies that have reported earnings so far disclosed they’d bought back $158 billion of their own shares in Q1, according to the Wall Street Journal. The quarterly record of […]
Economists Who Push Inflation Stunned That Rising Home Prices Put Buyers Deeper Into Debt
Economists Who Push Inflation Stunned That Rising Home Prices Put Buyers Deeper Into Debt Once again, when the government intervenes – this time in housing – the left hand is starting a fire that the right hand is trying to put out.Rising prices for homes are once again pricing out prime borrowers and nobody can […]
