from King World News
Here is a look at Jeff Gundlach’s warning and danger for key global markets.
Here is a portion of what Peter Boockvar wrote today as the world awaits the next round of monetary madness: Yes, markets globally are trading lower after the Apple numbers but we are also seeing another rise in interest rates, especially in Europe. It’s another day of both bonds and stocks trading lower which makes perfect sense as its contra to the last 7 years where bonds and stocks rallied together (and the same trend from 1981 to 2000)…
Students at the University of California, Berkeley held a violent protest on campus Friday to demand additional segregated “spaces of color” for non-white students.
I’ll start with an admission that I don’t do vacations very well. Or frequently.
For much of the second half of the 20th Century, and even into the new millennium, “Globalization” was the dominant theme used to describe the drift of the world economy. It was widely considered both natural and inevitable that the world economy would continue to integrate and that national boundaries would become less constraining to commerce and culture. And with the exception of the eternal “anti-globalization” protesters, who robotically appeared at large gatherings of world leaders, the benefits of globalization were widely lauded by politicians, corporate leaders and rank and file citizens alike. But a casual glance at the world headlines of 2016 suggests that the belief in globalization has crested, and is now in retreat. What are the consequences of this change?
Nick Giambruno: Doug, both the Federal Reserve and Bank of Japan (BOJ) had big meetings recently.
The U.S. Elections: The Latest Crack in the System
Max Keiser and Stacy Herbert have interviewed Jan Skoyles to discuss how gold is the “Kardashian of Commodities” and “future-proofing your portfolio with gold”.
Oil is once again trending downward this week after failing to sustain its breakout above the psychologically important $50/barrel mark earlier this month. The push above the $50 level came after OPEC’s production cut agreement last month in Algiers (or, more accurately, traders’ expectations that OPEC might actually be able to pull a production cut off this time).
I’m writing to you from the bar in Hotel Monaco in historic downtown Philadelphia — a stone’s throw from Independence Hall — home of the Liberty Bell — and Independence Square, where the Declaration of Independence was first read aloud.
Good Day… And a Wonderful Wednesday to you! Well, Game 1 of the World Series is in the books. I watched the first 5 innings and then it was bed time! I’m old enough to recall the World Series games played during the day, when baseball should be played, in my opinion! The Marshall Tucker Band greets me this morning with their great song: Can’t You See… Can’t you see, what that woman, she’s been doing to me? One of my fave bands from the 70’s for sure!
Nearly two-thirds of “child” refugees who officials questioned about their real age were found to be adults, Home Office documents show.