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Amazon, Google, Microsoft, Intel and Draghi all handily beat expectations. Booming technology earnings confirm the degree to which Bubble Dynamics have become entrenched within the real economy. Draghi confirms that central bankers remain petrified by the thought of piercing Bubbles. There is a prevailing view that Bubbles reflect asset price gains beyond what is justified […]
[Bloomberg] Dollar Extends Gain on U.S. Tax Moves, Growth: Markets Wrap [Bloomberg] U.S. Growth at Above-Forecast 3% on Consumer, Business Spending [Bloomberg] Tax Plan Has Lobbyists Swarming, Lawmakers Asking What’s in It? [Bloomberg] It’s Going to Stay a Yellen Fed No Matter Who Gets the Job [Bloomberg] Fed Candidate Taylor Calls for Reforms That Echo […]
Today on Golden Rule Radio we talk about John Taylor receiving a show of hands in favor of him for the new Chair of the Federal Reserve, but is this just noise meant to throw the financial news networks a bone? What would the consequences of a Hawk entering the Fed be for the US […]
[Bloomberg] U.S. Stocks Rise on Strong Earnings, Euro Falls: Markets Wrap [Bloomberg] ECB Slows Asset Purchases as Draghi Heads for Stimulus Exit [CNBC] Trump apparently is having a hard time making up his mind for Fed chair [Bloomberg] House Leaders Face State-and-Local Storm to Begin Tax Debate [AP] Trump, GOP at odds over using 401(k)s […]
Fear now drives bitcoin investors (the fear of missing out) Federal Reserve gets free pass on counterfeiting money Central Bankers are the high priests of perpetual growth religion The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “On today’s show, with interest rates at 5,000-year lows, the world economies are seeing that there is […]
[Bloomberg] Stocks in Asia Stall; Aussie at Three-Month Low: Markets Wrap [Bloomberg] China Unveils New Leaders With No Clear Xi Successor in Sight [Bloomberg] World’s Best Carry Trades Lose Appeal as Interest Rates in Focus [CNBC] China has grand ambitions to dethrone the dollar. It may make a powerful move this year [Reuters] BOJ sees […]
[Bloomberg] U.S. Stocks Rise on Blue-Chip Earnings; Euro Gains: Markets Wrap [Reuters] Bond yields grind higher, Caterpillar smashes forecasts [Bloomberg] Why This Stock Bear Sees No Hope for Emerging Markets [Bloomberg] Xi’s New Milestone Positions Him to Rule China for Decades More [Bloomberg] China Is About to Get an Answer to Its Big Succession Question […]
[Bloomberg] Euro Drops With Spain on Edge; Bonds and Oil Climb: Markets Wrap [Bloomberg] Catalan Separatists Plot Response to Spain’s Shock and Awe [Reuters] Catalonia warns of civil disobedience as Madrid readies direct rule [Bloomberg] China’s Home Prices Rise in Fewest Cities Since January 2016 [Bloomberg] Draghi Seen Going for ECB Bond-Buying Limit in QE’s […]
