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[Reuters] China April manufacturing growth slows faster than expected [Bloomberg] EU Throws Down Brexit Gauntlet to U.K. as Talks Edge Closer [Bloomberg] Turkey Threatens Further Strikes on U.S.-allied Syrian Kurds [FT] EU calls Theresa May’s Brexit stance ‘completely unreal’

[The Hill] Five unanswered questions about Trump’s tax plan [Bloomberg] Le Pen Has Potential Prime Minister, No Rush on Euro Exit [Bloomberg] EU Leaders Agree United Front Ahead of Brexit Talks [Reuters] Trump to Order a Study on Abuses of U.S. Trade Agreements [Reuters] North Korea test-fires ballistic missile in defiance of world pressure [WSJ] […]
With Emanuel Macron and Marine Le Pen moving on to next Sunday’s (May 7) runoff French presidential election, first-round results proved right in line with the polls. One would typically expect “as expected” results to elicit minimal market reaction. But we live in the age of derivatives, hedging and speculation. Markets – especially European – […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “In today’s program, we have all the signs of an epic top therein, yet the Dow soars to new highs above 21,000. All the while, the U.S. nuclear sub U.S.S. Michigan sits ominously in port near North Korea.” – Kevin Orrick “I guess […]

[Bloomberg] Stocks Trim Monthly Gain Before GDP; Oil Climbs: Markets Wrap [Reuters] Oil rebounds from one-month low on hopes for output cut extension [Bloomberg] U.S. Economy Expands at Slowest Pace in Three Years [Bloomberg] Compensation in U.S. Rises at Fastest Pace Since End of 2007 [Reuters] Exclusive: ‘If there’s a shutdown, there’s a shutdown,’ Trump […]

The Globalist Agenda is threatened by the upcoming French election if Marine Le Pen were to win against Emmanuel Macron. Gold & Silver returned to support levels of 1265 with Platinum & Palladium continuing to trend upward. The potential war with North Korea potentially draws closer as the Senate had a rare briefing this week […]

[Bloomberg] U.S. Stocks Mixed, Euro Falls on ECB; Crude Slips: Markets Wrap [Bloomberg] Reprieve for Peso and Loonie After Trump’s About-Face on Nafta [Bloomberg] ECB Keeps Policy Settings Unchanged Awaiting Political Clarity [Bloomberg] Trump’s Corporate Tax Rewrite Faces Major Obstacle: Its Cost [Reuters] Trump tells Canada, Mexico, he won’t terminate NAFTA treaty yet: White […]

About this week’s show: MOAMT: “Mother of All Market Tops” is crystallizing Dow breaks 21000 as pre-crash P/E ratios quietly mock late lemmings Government shutdown? Watch for 11th hour announcement to get support for extension The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “In today’s program, we have all the signs of an […]