Tom Bowley highlights a key weakness in the stock market.
Source: Volatility Tumbles Again On Friday
Archive for the ‘Economy’ Category
Crude Oil & Stocks continue “Look Alike Patterns” at resistance
05
Jul
Stock market at a critical juncture.
Source: Kimble Charting Solutions Blog » Crude Oil & Stocks continue “Look Alike Patterns” at resistance
US 10-year Treasury yield falls to record low
05
Jul
This is not a sign of a healthy economy as money flows into “safe” government bonds. Gold is popping again this morning. With all the new money central banks have created since the Great Recession of 2007-2009, the financial system has had to absorb trillions of dollars of additional cash, which propelled asset prices highers for the past seven years. In other words, we are in another bubble.
“U.S. sovereign bond prices were higher Tuesday, after being closed Monday for the July 4 holiday, resuming a strong “safe-haven” bid.”
Source: US 10-year Treasury yield falls to record low
The global elitists are in a tizzy
04
Jul
The people are thwarting their plans for a global superstate.
“There was William Galston at the European Council on Foreign Relations, listening to his fellow elitists and foreign policy honchos caviling about the rise of Donald Trump and bemoaning the fate of the European Union (EU) at the hand’s of Britain’s Euro-skeptics. As the assembled luminaries had a collective sad in their five-star hotel, wondering […]”
Source: The Revolt Against Globalism – Antiwar.com Original by — Antiwar.com
Decentralization is the wave of the future
04
Jul
Secession is in the air. That means no more political hacks running our lives.
Source: What Would Thomas Jefferson Be Celebrating Today?
Time for a breather for the roaring gold and silver markets?
04
Jul
The move in metal prices has has been spectacular. It would not surprise me that we see a correction in the weeks ahead.
“Gold rose as political turmoil following Brexit supported prices after activity in China pushed them back towards last week’s high.”
Source: Gold pushes back towards 2 year high, silver crosses $21/oz
The Fourth of July: Few reasons to celebrate
04
Jul
America has retreated from the ideals of liberty and freedom.
“When I was a boy, one of my favorite holidays was Independence Day. I was an enthusiastic student of the War for Independence.”
Source: It’s the Fourth of July! Why Am I Sad? | Mises Wire
Free Summer Reading: These Five Freedom Philosophers Will Liberate Your Mind
02
Jul
To battle the statists in New Jersey and around the country, you must be armed with the knowledge to advocate for free markets and limited government. Here is your free summer reading list.
“We at FEE are happy to present the Essential series, five free ebooks collecting the key works of five great freedom philosophers: Leonard Read, Ludwig von Mises, Henry Hazlitt, F.A. Hayek, and Frédéric Bastiat. In each of these compact anthologies, you will find a powerful case for liberty. The ideas within are not mere fodder for debate. Like all great sages, these authors offer true wisdom that can inspire and benefit you personally in your own life. Here is a discussion of just a few of the included works.”
The law of unintended consequences strikes again
01
Jul
“An online petition accusing Starbucks Corp of “extreme” cutbacks in work hours at its U.S. cafes, hurting both employee morale and customer service, has been signed by more than 9,000 people. “The labor situation has gone from tight to infuriating” ”
Source: Something “Unexpected” Happened After Starbucks Raised Minimum Wages
The chickens are coming home to roost
01
Jul
The evidence is piling up. Obamacare is going to be a bust.
“The new 11.1 million tally comes as some insurers are proposing double-digit percentage hikes for health plans next year.”
Source: Obamacare enrollment at 11.1M, as some drop off after premium bills come due
Must reading for all politicians–and the general public as well
01
Jul
The greatest economics journalist in American history explains.
“Economics, as we have now seen again and again, is a science of recognizing secondary consequences. It is also a science of seeing general consequences.”
Source: The Lesson Revisited | Mises Wire
An outstanding lesson in economics for the Federal Reserve
01
Jul
Economist Mark Thornton explains interest rates.
Source: EconomicPolicyJournal.com: In The Wall Street Journal: Mises Scholar on the Natural Interest Rate