Nothing like giving terror sponsors, and some may be good sponsors, a platform to speak from. New York will be turned into a parking lot for the United Nations General Assembly as investors concentrate on this week’s Fed statement. On the economic front, we have Building Permits and the Philly Fed. The North east […]
With a massive police preparation hoping for the best, but readying for the worst, all are thankful in Richmond, VA today that the rally is now winding down and no violence was committed. Despite signs with crossed-out swastikas and chants like “No Trump, No KKK no Fascist USA,” some of the pro-Confederate rallyers were eager […]
If you control food, you control people. If you control oil, you control nations. If you control currency, you control the world. – Henry Kissinger Guarding The Old Order The above is a famous quotation that some believe underlies Kissinger’s geopolitical realism, from the standpoint of the oligarchs of financial capitalism whom he serves. Ownership […]
Saudi Arabia thought it could sustain depressed oil prices around $50 (and maintain market share) for quite a while, but perhaps NOT this long. Around $75/barrel is regarded as their national finance break-even point. Plan “A” was to spend their way out of an oil price drop using an arsenal of its financial assets as well as […]
Investors will look at the damage from Hurricane Irma as insurance companies (and hedge funds) start to close their eyes and we start the cleanup process. On the economic calendar, we have CPI, Retail Sales and PPI. Hurricane Aftermath: After destroying islands in the Caribbean last week, Hurricane Irma made landfall this weekend along the west […]
As Labor Day weekend in the US is the official end of summer, we should start to see volumes pick up again in the stock markets over the next few months. On the economic front, we have a quiet week with ISM Non – Manufacturing PMI. Investors will also look to see if we have […]
With outbreaks of violence in Berkeley showing Antifa’s true colors as an antifa-flagindiscriminately ultraviolent militant group dead-set on physically attacking anyone who disagrees with them, who they will denounce as either a “Nazi” or “Nazi enabler,” the deterioration of public perception of the extreme left’s moral high ground appears to have picked up pace.
As Harvey continues to dump excessive amounts of rain in Texas, we have another relatively quiet week ahead until Friday. Then, we fade into the last weekend of summer and the long Labor Day weekend. Traders will also continue to assess the damage from Hurricane Harvey. On the economic front, we have Manufacturing PMI, the […]
With major “newspapers of record” like the New York Times and Washington Post facing the very real threat of financial destruction, they’ve more than ever become Deep State vanity presses owned by mega-billionaries like Carlos Slim (NYT) and Jeff Bezos (WaPo).
Worse yet, due to doors opened by the likes of NAFTA and Clinton-era telecommunications reform, nearly all major news media have been consolidated into only six mega-conglomerates. Perhaps, then, the further degradation of an already-troubled field shouldn’t be surprising.
by Carla at The Right Side of Truth Censorship is a first step towards a totalitarian dystopia and the total reign of ignorance. No matter how good intentions might be, Americans, and everyone else around the world, must remain vigilant to the ever-more concerted efforts to censor information and ideas, regardless of how disagreeable they […]
Many readers of this blog are asking an obvious question to the post, The Truth of Harbin Unit 731 – why is the truth of Japan’s war crimes coming out now? This is a very good question. NHK’s production of this documentary is highly highly unusual, and can only be done with very powerful backing […]
Well, one eye still on the White House Circus The week is relatively quiet until the Jackson Hole Symposium later in the week. On the economic front, we have Durable Goods and New Home Sales. Jackson Hole Symposium: From Thursday, (8/24) – Saturday, (8/26), central bankers, finance ministers, academics and other important finance people participate […]
“A documentary recently released by Japan’s public broadcaster NHK has triggered heated discussions and calls for reflection in Japanese society. The documentary, titled The Truth of Harbin Unit 731, reveals the crimes committed by Unit 731, a covert biological and chemical warfare research and development unit of the Imperial Japanese Army during World War II.” […]
If there was still any doubt that Antifa and hard-left elements were just as eager for violence in Charlottesville as any right-winger in attendance — Nazi or not — here is video we captured on-scene showing clergy members led by Cornel West being taunted by Antifa. The clergy had formed a human wall between Antifa […]
I forgot to mention in my post “Goldman Sachs Report and China’s New Financial Lifeforms” the phenomenal rise of China’s middle class: The 300-500 million emergent and rapidly-growing middle class is propelling new realities, including financial technology. It is a socio-economic blockbuster that will be felt throughout the world for a long time to come. […]
Goldman Sachs Report Last week, Goldman Sachs issued the first of a series of research reports entitled “The Future Of Finance ：The Rise Of China’s Financial Technology”. This first report analyses China’s electronic payment systems and technologies, characterizes them as the gateway to the future of the financial world. The exhibits in Goldman’s research note […]
Below is unedited raw footage of a stand-off between protestors and counter-protestors in Charlottesville. Each side attempts to push back the opposition, shouting threats and insults, and flinging objects ranging from plastic water bottles to rocks.
Skip to 8:17 for some of the tenser moments
The Unite the Right rally was slated to begin at noon, but for anyone arriving by then, the rally and main skirmishes would have already been over. Lines of riot police remain, and tensions continue to simmer despite the clash being largely broken up. Trash, paint, upturned trash cans, and newspaper litters the streets around […]
Tomorrow’s Unite the Right rally is promising to be an historic event, even if no violence breaks out. Police are already setting up barricades, indicating the local government has fully accepted the fact that demonstrators are vowing to gather in Emancipation Park despite being refused their permit. Later, however, a federal judge would overturn the […]
Harry Succeeds Philip On August 1, Prince Philip, more prominently the Duke of Edinburgh, officially “retired”. It was also announced that Prince Harry will assume Philip’s official duties. The following report makes one wonder if Harry has thereby also stepped into Philip’s unofficial (but far more powerful and dark) role as the Keeper Of The […]