Yesterday is forgotten. Why the equity markets across the globe were tanking over the last few weeks is ancient history. “Happy Days are Here Again,” with equities across much of the globe getting back on their “high”... while the plantation workers of Slavelandia are hitting new lows.
Category: Homepage Featured
MONEY NEVER SLEEPS? A THIRD ELEMENT.
Money never sleeps, and we all know that Washington is in bed with Wall Street, but something else is going on here, A THIRD ELEMENT.
SLAVELANDIA: INCOME INEQUALITY WORSE IN U.S. THAN ANY OTHER RICH COUNTRY
U.S. households earning in the top 20 percent have seen their real incomes, adjusted for inflation, grow 46.2 percent since 1979, almost twice as much as any other income group, according to The Visual Capitalist.
2024: GOVERNMENT ATTACKS ON FREE SPEECH GROWING
If anyone thought Elon Musk’s efforts with the X social media platform were going to save free speech, current events are demonstrating otherwise.
NETANYAHU’S NEW DEMANDS FOR CEASEFIRE RULES OUT DEAL, REPORT SAYS
Israeli Prime Minister Benjamin Netanyahu—who has blamed Hamas for refusing to agree to a ceasefire—has, in private, added new conditions to the deal that make any agreement nearly impossible, according to a report Tuesday.
PUTIN RULES OUT PEACE NEGOTIATIONS WITH UKRAINE AFTER KURSK INCURSION, THREATS TO NUCLEAR PLANTS
Russian President Vladimir Putin on Monday rejected any further peace negotiations with Ukraine after accusing Kyiv of intentionally targeting civilians in its incursion inside Kursk and carrying out a drone attack on the Zaporozhye Nuclear Power Plant.
ECONOMIC UPDATE—MARKET OVERVIEW
We note that old Great Depression song, “What a Difference a Day Made” to show how, in just “24 little hours” the equity markets, like life, can go from the sky being stormy to “moments of bliss.”
YOU WANT A REVOLUTION/SOLUTION? IT SHOULD START WITH THIS…
I am of the opinion that Trickle Down Economics does not work. I have covered this at length many times.
JOB GROWTH SLOWS SHARPLY, TANKING STOCK MARKETS
The U.S. economy added just 114,000 nonfarm jobs in July. The number was far below the 185,000 Dow Jones had expected, below June’s revised number of 179,000, and almost half of the 215,000 new jobs averaged over the past 12 months.
GREEN TRANSITION F U TOO?
It’s not just EVs. The “green energy transition”—if by that, anyone means technology sans environmental impacts that can actually supply energy similar in levels and prices to the existing system—is a failing fantasy.