More


[CNBC] Trump expresses frustration with China over North Korea, hints at retaliation [Reuters] Real estate booms in China’s small cities, but construction outpaces demand [Reuters] U.S. flies bombers over Korean peninsula after North Korea missile test [NYT] China Shows Off Military Might, and Xi Jinping Puts Rivals on Notice [Spiegel] Pro-Russian Separatists Harden Split from […]

[Reuters] ECB should think about when it wants to wind down bond buys: Lautenschlaeger [Reuters] Venezuela money supply surges 10 percent in one week, fastest in 25 years [WSJ] The Great Transatlantic Bond Divergence Unwind [Reuters] Iran says new tensions between Revolutionary Guards and U.S. Navy
July 25 – Bloomberg (Paul Gordon and Carolynn Look): “Five years ago today, Mario Draghi was talking about bumblebees. The European Central Bank president’s speech in London on July 26, 2012, became instantly famous because of his pledge to do ‘whatever it takes’ to save the euro. But for all the power and clarity of […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Kevin: David, you’ve been on the road, you’ve been meeting with clients with these conferences with your dad – Palo Alto, and then later Agoura Hills. You’re working your way across the West Coast, but you also had a chance to attend an economic […]

[Bloomberg] U.S. Stocks Fall, Dollar Weakens After Growth Data: Markets Wrap [Reuters] U.S. economic growth picks up in second quarter, wages continue to lag [Bloomberg] German Inflation Unexpectedly Steady as ECB Nears Exit Debate [Reuters] Russia orders out U.S. diplomats in sanctions retaliation [CNBC] North Korea fired a missile that may have landed in Japan: […]

[Bloomberg] Dollar Drops on Fed’s Inflation; Asia Stocks Rise: Markets Wrap [Bloomberg] Bannon Is Said to Call for 44% Tax on Incomes Above $5 Million [WSJ] Investors May Feel Left Out of Fed’s Plans [FT] China’s HNA to be held by little-known charities [FT] Covered bonds: the European link to Canada’s house price boom

About this week’s show: Society Has Exchanged Privacy For Ease Of Use & Free Digital Services The Internet Is Not Designed For Security Or Privacy, Rather For Convenience Big Data is Storing Everything About You, Companies Now View You As The Product The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Kevin: David, you’ve […]

[Bloomberg] Stocks Lifted by Earnings, Commodities; Bonds Gain: Markets Wrap [Bloomberg] Fed Balance Sheet Shifts Into Limelight Absent Rate Hike Urgency [Reuters] Fed expected to leave rates unchanged; balance sheet in focus [Reuters] Senate Republican plan to repeal, replace Obamacare fails to get enough votes [Reuters] Wall Street regulator sets sights on digital coin […]