While the mainstream media were quick to blame the recent demise of US equity markets on Trump’s trade-war rhetoric, BofAML’s Michael Hartnett disagrees, correctly pointing out that risk assets have been struggling because of Fed tightening. Higher rates and a shrinking balance sheet has shifted investors’ appetites from ‘buy theRead More →

We all know that privacy is a thing of the past, right? Pfff. The government spying on everyone? That’s yesterday’s news. But if you think you’ve heard it all when it comes to the obtrusive police state panopticon, you’ve got another thing coming. Here are five privacies you didn’t even realize you lost. ForRead More →

Authored by Charles Hugh Smith via OfTwoMinds blog, Trade in which mobile capital is the comparative advantage is a system of Neocolonial exploitation of developing-world nations. Were trade wars inevitable? The answer is yes, due to the imbalances and distortions generated by financialization and central bank stimulus. Gordon Long andRead More →