March Hike Odds Soar Above 70% After Hawkish Assault From Dudley, Williams

Update: the March odds continue to surge and are now at 72% and rising. The Fed is really doing its best to convince the market that a March rate hike is coming, and it seems to be working. First, it was Philly Fed president Patrick Harker, who speaking at Temple University reiterated his comments from […]

Nomi Prins: Here’s How to Prosper in the Age of Artisanal Money

This post Nomi Prins: Here’s How to Prosper in the Age of Artisanal Money appeared first on Daily Reckoning. Nomi Prins joined the Mises Institute together with Jeff Deist where she discussed Prospering in the Age of Artisanal Money and what she views as the threat of central bank power to the financial system. “She […]

YouTube Users Now Watch 1 Billion Hours Per Day, Set To Surpass US TV Viewership

In a dramatic confirmation of the relentless growth of online video, at the expense of the agonizing, slow death of conventional TV, YouTube said that its worldwide viewers are now watching more than 1 billion hours of videos a day, on pace to eclipse total US TV viewership over the next few years, a milestone […]

"It's T-Day" – Trader Warns "Standby For Disappointment"

T-day has arrived for markets, says Bloomberg's (and former FX trader) Mark Cudmore,  warning that Trump’s speech to Congress will probably terminate the last vestiges of market hope for early inflationary action from the new administration. It’s not a done deal though. He could still surprise positively. It seems improbable given his track record, but […]

Oil Spikes On OPEC/White House Headlines

A double-whammy of bullish news hit WTI crude futures shortly after 1300ET today sending prices soaring. First, The White House denied earlier rumors on changes to the ethanol mandate; and then Reuters confirmed OPEC production cut compliance steady at 94%. First,earlier rumors of a change to the ethanol mandate were denied by The White House… […]

Despite Rising Mortgage Rates, Home Prices Jump Most In A Year

Despite soaring mortgage rates, US home prices rose at 5.58% year-over-year in December according to the latest (lagged) data from S&P Case-Shiller. The 0.93% monthly gain in the best for December in at least a decade. However, the lagged response (as seen in pending home sales this week) suggests this odd ‘stability’ in home price […]

Trump Accuses Obama Of Being Behind Protests, Leaks

In an interview with Fox & Friends that aired early Tuesday morning, President Trump blamed former President Obama for protests against him and other Republicans, as well as “possibly” some of the leaks from the White House: “I think President Obama’s behind it, because his people are certainly behind it.” Trump was asked if he […]

Millionaire Migrants: Countries That Rich People Are Flocking To

Money may not buy happiness, but, as Visual Capitalist's Jeff Desjardins notes, it does buy the ultimate flexibility for making financial and lifestyle decisions. For many of the world’s millionaires, money provides a highly effective means to escape their home country when times get tough. They can pack their bags, and move their family and […]

Chair Of House Intel Committee: No Evidence Of Contact Between Trump Campaign, Russia

In what will likely be a setback to the ongoing press campaign to portray the Trump administration and campaign as a Kremlin puppet, on Monday the chairman of the U.S. House of Representatives intelligence committee said he has seen no evidence of contact between Donald Trump’s campaign and the Russian government during the 2016 presidential […]

Trump And Russia: Just Pointing Out The Obvious

By Chris at www.CapitalistExploits.at Chairman Trump may well be a child in a man’s body – erratic, lacking in finesse, as articulate as a gangsta rapper, contradictory, and missing the cognitive functions allowing one to think before acting. But.. But… he does seem smart enough to have thought a little about Russia. Thought alone is a welcome […]

Trump Is Right: "Swedes Are Suppressed By A Religious-Cult-Like Political Correctness"

Submitted by Nick Kamran via LettersFromNorway.com, Last week (18.2.2017), President Trump made the following comment: “You look at what’s happening,” he told his supporters. “We have got to keep our country safe. You look at what’s happening in Germany; you look at what’s happening last night in Sweden. Sweden, who would believe this?” Immediately after, […]

America's Fentanyl Crisis "Is Surging, With No End In Sight"

Having surpassed gun homicides for the first time in 2015, the epidemic of heroin and opioid related deaths in the US continues to grow. Amid the dismal failure of the 'war on drugs', it seems US lawmakers are finally waking up to reality, and are pressing the nation’s drug czar for more data on the […]

JPMorgan Explains What Causes The Market's 3:30pm Ramp

While over the past several years many have observed the peculiar last half-hour ramp in the stock market, leading to a variety of amusing knock-off phenomena, perhaps nowhere was it more noticeable than what happened on the last two Friday afternoons, and especially the most recent one when with the market down notably going into […]

Size Matters: Visualizing The Tallest Building In Each State

The United States has some of the world’s tallest skyscrapers, but their distribution is extremely uneven. Today’s infographic comes from Highrises.com, and it covers the tallest building in each state. As Visual Capitalist's Jeff Desjardins explains, New York City alone has 6,229 highrises – more than the next nine cities combined, including Chicago, Los Angeles, Honolulu, […]

California, Nestle, And Decentralization

Authored by Antonius Aquinas, annotated by Acting-Man's Pater Tenebrarum, Goodbye, Socialist Paradise Nestle USA has announced that it will move its headquarters from Glendale, California, to Rosslyn, Virginia, taking with it about 1200 jobs. The once Golden State has lost some 1690 businesses since 2008 and a net outflow of a million of mostly middle-class […]

The "Russia Scare" Coalition: ISIL's "Useful Idiots"?

Via The National Interest, Victory by the 'Russia scare' coalition will limit America’s ability to fight ISIL, complicate efforts to win UNSC support for tough enforcement of the Iran nuclear deal and give China more leverage over both Moscow and Washington. The turmoil surrounding Lt. Gen. Michael Flynn’s resignation and wider allegations of links between […]

Germans: 'Yes, Gold IS Money'

Whereas a few years ago countries repatriating their gold seemed to be ‘the hype of the month’, once the dust started to settle, we didn’t hear much about gold repatriations anymore. At least, until last week, when Germany announced it has been able to accelerate the gold repatriations. Indeed, the country has now repatriated all […]