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Rabo: Global Supply Chains Simply Will Not Be Able To Cope With Even More Stimulus

Rabo: Global Supply Chains Simply Will Not Be Able To Cope With Even More Stimulus The Story is the Story Today is a US payrolls Friday. I have covered 277 of these releases. A handful were of any lasting interest, signalling something the market didn’t already know beforehand, and a few dozen more were higher/lower […]

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Debt Ceiling Drama, Yellen Begins “Extraordinary Measures” to Stave Off Default

Debt Ceiling Drama, Yellen Begins “Extraordinary Measures” to Stave Off Default Photo by Senator Mark Warner CC BY 2.0 Two years ago, the debt ceiling was lifted. Lifting the debt ceiling to make room for more government spending has been pretty routine since since 1917. Until now… While it’s quite likely that U.S. debt had already reached […]

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Eric Peters: “China’s Best Play Is To Let The US Stock Market Crash”

Eric Peters: “China’s Best Play Is To Let The US Stock Market Crash” As excerpted from the latest Weekend Notes from One River CIO, Eric Peters. “China’s best play is to let the US stock market crash,” said the CIO. “Trump is right, they can’t win a trade war.” So they won’t try. “But Xi […]

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The Old Songs

The Old Songs What if the fun and games of 2017 are over? The hidden message behind the sexual harassment freak show of recent weeks is that nothing else is sufficiently serious to occupy the nation’s attention. We’re living in the Year of Suspended Reality, stuck in the sideshow and missing the three-ring circus next […]

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Why There Will Be No 11th Hour Debt Ceiling Deal

Why There Will Be No 11th Hour Debt Ceiling Deal A new milestone on the American populaces’ collective pursuit of insolvency was reached this week.  According to a reportpublished on Tuesday by the Federal Reserve Bank of New York, total U.S. household debt jumped to a new record high of $12.84 trillion during the second […]

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The Bond Crisis & 2015.75

The Bond Crisis & 2015.75 Some people have wrongly expected a crash in the long bonds. What has actually happened is that China and others have sold into the high, liquidating their long bonds, and moving short-term. This is why rates are negative on the short-end. The CRASH comes in the opposite direction this time. […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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