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Iran-Saudi Rapprochement Will Deal A Deathblow To The Dollar
Iran-Saudi Rapprochement Will Deal A Deathblow To The Dollar Jacob Lawrence Struggle: From the History of the American People, Panel 8 1954Eurasia’s geo-economic integration took a great leap forward as a result of the Iranian–Saudi rapprochement, which unlocks the Gulf Cooperation Council’s (GCC) trade potential with Russia and China. Its wealthy members can now tap into two series of […]
After Biden Rehabs MbS’ Image, Saudis Announce Increase In Oil Production Capacity
After Biden Rehabs MbS’ Image, Saudis Announce Increase In Oil Production Capacity After Joe Biden’s red carpet fist bump with the “pariah” it appears Crown Prince Mohammed bin Salman got what he wanted – namely the necessary optics of being deemed “back in” with Washington and having his blood stained reputation rehabilitated on a global stage, signaling […]
Here’s Why the Housing Market Has Gone from Overheated to Raging Inferno
Here’s Why the Housing Market Has Gone from Overheated to Raging Inferno Image credit: Creative Commons (CC0) The housing market is on the verge of spinning out of control. Just about everything that could be going wrong is going wrong. The only holdout for the moment is home prices, which are up an astonishing 22.5% just this year. For many […]
Bomb Bomb Bomb Iran
Bomb Bomb Bomb Iran As a nation, you’re certifiedly (is that a word?!) in deep trouble if and when Donald Trump is your most peaceloving man. But nevertheless, that is America today. It all harks back to the days when Trump was first -grudgingly and painstakingly- recognized as an actual presidential candidate. He campaigned as […]
The real reason Western media & CIA turned against Saudi MBS
The real reason Western media & CIA turned against Saudi MBS Mohammed bin Salman (r) and Vladimir Putin at the G20 Summit Conference Centre in Buenos Aires © Global Look Press / Ralf Hirschberger Forces are aligning against Saudi Arabia’s Crown Prince, lead by elements within the CIA and strong players in the mainstream media. […]
The Impending Endgame In Oil Markets
The Impending Endgame In Oil Markets U.S. president Trump is facing strong internal pressure to punish Saudi Arabia in the coming days. For Washington, however, this could be a double-edged sword, as turning on Saudi Crown Prince Mohammed bin Salman could result in two unwanted major geopolitical consequences. The still fresh Jamal Khashoggi murder case […]
Mortgage Rates May Hit 6% Sooner, as Fed Sheds Mortgage-Backed Securities, But What Will that Do to Housing Bubble 2?
Mortgage Rates May Hit 6% Sooner, as Fed Sheds Mortgage-Backed Securities, But What Will that Do to Housing Bubble 2? Mortgage rates are climbing faster than the 10-year Treasury yield. The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) and a 20% down-payment rose to 5.17% for the latest […]
The Fed’s QE Unwind Hits $321 Billion
The Fed’s QE Unwind Hits $321 Billion The “up to” exacts its pound of flesh. Over the four-week period from October 3 through October 31, the Federal Reserve shed $35 billion in assets, according to the Fed’s weekly balance sheet released Thursday afternoon. This brought the balance sheet to $4,140 billion, the lowest since February […]
Saudi Coup “Imminent” As Crown Prince’s Uncle Arrives To Oust “Toxic” MbS
Saudi Coup “Imminent” As Crown Prince’s Uncle Arrives To Oust “Toxic” MbS The youngest brother of Saudi Arabia’s King Salman has returned from self-imposed exile to “challenge” Crown Prince Mohammed bin Salman (MbS) “or find someone who can,” reports the Middle East Eye. Prince Ahmad bin Abdulaziz Prince Ahmad bin Abdulaziz is reportedly hoping to oust […]
War Plans on Iran Mean Trump and Saudis Coordinating Cover-up of Khashoggi Killing
War Plans on Iran Mean Trump and Saudis Coordinating Cover-up of Khashoggi Killing Finally, nearly three weeks after what most of the world suspected to be a foul murder, the Saudi regime has officially admitted that Jamal Khashoggi was killed in its consulate in Istanbul, Turkey. No sooner had the Saudis issued their latest lie […]
This Is The Worst Case Scenario If Investors Dump Saudi Arabia
This Is The Worst Case Scenario If Investors Dump Saudi Arabia So many Wall Street CEOs and other titans of investing and industry have pulled out of next week’s “Davos in the Desert” conference that even the Ritz-Carlton, owner of the Riyadh venue hosting the conference (as it did last year), has been slammed by […]
Chill!
Chill! René Magritte Pandora’s box 1951 They can’t help themselves even as they hurt themselves. Look guys, chill! I saw someone imply on Twitter that Donald Trump is an accomplice in a murder cover-up. This person knows as well as all the ones who liked the tweet that they all just don’t know. They don’t […]
Ban Saudi Oil
Ban Saudi Oil Alfred Eisenstaedt Egyptian Fishing Boats. Suez Canal near Port Said 1935 According to Middle East Eye, Richard Branson, Andrew Ross Sorkin, Economist editor-In-chief Zanny Minton Beddoes, World Bank president Jim Yong Kim, New York Times, Financial Times, Uber CEO Dara Khosrowshah, Viacom CEO Bob Bakish and AOL founder Steve Case have all […]
Weekly Commentary: Approaching the 10-year Anniversary
Weekly Commentary: Approaching the 10-year Anniversary We’re rapidly Approaching the 10-year Anniversary of the 2008 financial crisis. Exactly one decade ago to the day (September 7, 2008), Fannie Mae and Freddie Mac were placed into government receivership. And for at least a decade, there has been nothing more than talk of reforming the government-sponsored-enterprises. It’s […]
Weekly Commentary: Approaching the 10-year Anniversary
Weekly Commentary: Approaching the 10-year Anniversary We’re rapidly Approaching the 10-year Anniversary of the 2008 financial crisis. Exactly one decade ago to the day (September 7, 2008), Fannie Mae and Freddie Mac were placed into government receivership. And for at least a decade, there has been nothing more than talk of reforming the government-sponsored-enterprises. It’s […]