Month: July 2018

zerohedge July 31, 2018

While ‘Hope’ continues to fade (now at its lowest since Dec 2017), The Conference Board’s Consumer Confidence inched higher thanks to a surge in confidence about the Current Situation to the highest since March 2001. “Consumers’ assessment of present-day conditions improved, suggesting that economic growth is still strong. However, while expectations continue to reflect optimism […]

zerohedge July 31, 2018

It has been another relatively quiet session, as traders remain on the sidelines spooked by the sudden reversal in the growth/value trade following a sharp drop in tech stocks while keeping an eye on yields and currencies in the aftermath of the BOJ’s half-hearted attempt to steepen the JGB yield curve even as the central […]

zerohedge July 31, 2018

Authored by Hans-Werner Sinn via Project Syndicate, Twenty years after the formal creation of the euro, few can honestly say that the single currency has been a success. After fueling a massive credit bubble in Southern Europe in its first decade, it gave rise to an array of complex monetary-policy and transfer schemes in its […]

zerohedge July 31, 2018

Authored by Burak Bekdil via The Gatestone Institute, Where would you like your daughter to be when she is 13? In school, or in bed with a grown man? The answer to this question is largely beyond argument in much of the world. In Islamic societies, however — including non-Arab and theoretically secular Turkey — […]

zerohedge July 31, 2018

Authored by Brian Cloughley via The Strategic Culture Foundation, Countries of the NATO military alliance have been ordered by President Trump to increase their spending on weapons, and the reasons for his insistence they do so are becoming clearer. It’s got nothing to do with any defence rationale, because, after all, the Secretary General of […]

zerohedge July 31, 2018

Authored by Tom Luongo, This year’s BRICS Summit was a big show.  No question.  The main event was provided by Turkish President cum Dictator Recep Tayyip Erdogan. Erdogan wants to a a “T” to the acronym, making them the BRICTS. Erdogan also made it very clear Turkey’s shift away from the West will proceed faster […]