There has been a radical change in the social and political landscape in this country, and any person who desires the victory of liberty and the defeat of Leviathan must adjust his strategy accordingly. New times require a rethinking of old and possibly obsolete strategies. —Murray N. Rothbard1 Murray Rothbard wrote the above words in 1994, shortly before his untimely passing. They sum up the main theme of a series of brilliant articles that he published in the 1990s...
Read More »It is not So Much about the Fed’s hike Today but the Forward Guidance
Overview: A consolidative tone has emerged ahead of the outcome of the FOMC meeting later today. The focus is not so much on the 75 bp rate hike, but on its forward guidance. Many expect the Fed to signal it will return to a 50 bp move next month, but we are not convinced that it will go beyond indicating that 50 bp or 75 bp will be debated in December, depending on the data. The market has a 5% terminal rate discounted. The Fed does not need to validate it now....
Read More »Claudio Grass – The Movement Is Spreading World Wide, The Great Awakening, The [DS] Has Failed
Claudio begins his discussion with the pandemic, the people are waking up and they are now seeing that the criminals lied to them. The war is a show and as the economy implodes on itself the people understand that its not Putin fault, it is the criminal politicians that are causing the problem. Claudio says that more and more people are waking up. The movement is spreading world wide. All source links to the report can be found on the x22report.com site. If you want...
Read More »The importance of being modest
It can be argued that the world has reach the sorry state it’s in today largely because academics, politicians and “distinguished experts” or “recognized authorities” did not have the humility to admit their own mistakes, or to at least recognize the limits of their knowledge. Of course, this is far from a new affliction in our societies and political systems. Hubris was one among the most terrible sins that the ancient Greeks warned against and there have...
Read More »Buying in USTs is split by the time of the day: foreigners buy heavily then Americans sell. Why?
Treasury trading today (11/1) was another perfect example of the insanity gripping the marketplace. Americans are more afraid of the Fed and its rate hikes which are based on psychology not economy, so they sell Treasuries. Meanwhile, foreigners can't get enough of them, increasingly afraid of the actual economy and what *more* the dollar will do to it. Eurodollar University's Money & Macro Analysis Twitter: https://twitter.com/JeffSnider_AIP https://www.eurodollar.university...
Read More »DOGE verdoppelt seinen Wert dank Elon Musk
Es ging wieder nach oben für den Meme-Coin. Der DOGE konnte diese Woche seinen Wert mehr als verdoppeln, in den letzten 24 Stunden gab es immerhin noch ein Plus von 16 Prozent. Und es war wieder einmal Elon Musk, der damit etwas zu tun hatte. Crypto News: DOGE verdoppelt seinen Wert dank Elon MuskDie Twitter-Übernahme am Freitag sorgte bereits für eine gewisse Erwartungshaltung. Alles, was fehlte, war ein Tweet von Musk, um eine Dogecoin Rallye auszulösen – und genau...
Read More »RBA Hikes by 25 bp, Chinese Stocks Surge, and the Greenback Trades Heavier
Overview: Risk appetites have returned today. Bonds and stocks are advancing, while the dollar is better offered. Unsourced claims that Beijing has formed a committee to assess how to exit the zero-Covid policy sent Chinese shares sharply higher. An index of mainland companies list in Hong Kong jumped nearly 7% and closed up almost 5.5%. The Hang Seng surged 5.2%, while all the large markets in the region advanced. Europe’s Stoxx 600 recovered yesterday and is up...
Read More »Let’s Talk: polar research and our struggling planet
Some may question the value of polar research when there are other problems closer to home. But what is happening in these remote regions has a knock-on effect all over the globe. SWI swissinfo.ch invited two Swiss-based scientists to discuss their experiences – including working on the sea ice and examining the largest glacier outside the north and south poles. Julia Schmale is a professor and head of the Extreme Environments Research Laboratory at the Swiss Federal Institute of...
Read More »Can the Dollar Once Again Be Anchored by Gold? One Congressman Believes It Can
Sorry, I've looked everywhere but I can't find the page you're looking for. If you follow the link from another website, I may have removed or renamed the page some time ago. You may want to try searching for the page: Search Searching for the terms %3Futm+source%3Drss%26utm+medium%3Drss%26utm+campaign%3Dpolleit+dollar+again+anchored+gold+one+congressman+believes ...
Read More »Credit Suisse to cut 540 jobs in Switzerland by 2023
The embattled Swiss bank Credit Suisse plans to shed 540 jobs in Switzerland by the end of the year, Chief Executive Officer Ulrich Körner told the NZZ am Sonntag newspaper. In the interview he gave more details on last week’s restructuring announcement. “We will cut 2,700 jobs worldwide, including 20% in Switzerland, by the end of the fourth quarter of 2022,” Körner told the NZZ am Sonntag newspaper on October 30. On Thursday the bank unveiled major...
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