The War On Workers, Phase II – Truth Has Become A Liability

Authored by MN Gordon via EconomicPrism.com, It’s been a long row to hoe for most workers during the first 17 years of the new millennium. ...

Weekend Reading: Correction Over As "Trump Hope" Remains

Authored by Lance Roberts via RealInvestmentAdvice.com, Over the last couple of months, I have repeatedly discussed what has been possibly the most “boring” market ever....

Egyptian Warplanes Bomb Terrorist Camps In Libya After Attack On Coptic Christians

Hours after gunmen opened fire on a convoy of vehicles carrying Coptic Christian worshippers to a desert monastery in Egypt, killing 28, the Egyptian...

Hillary Clinton: "The Right Is Afraid Of Me Because I Don't Die"

After recovering from another coughing fit... Hillary: COUGH Dems: So inspiring Hillary: I need a lonzinger Dems: She's my hero Hillary: COUGH Dems: BEST SPEECH EVER#Wellesley2017 pic.twitter.com/yDpPW7Qjm0 — ????? ? (@LVNancy)...

Global Pension Underfunding Will Grow To $400 Trillion Over Next 30 Years: World Economic...

Earlier this week we highlighted "Six Terrifying Graphs That Summarize America's Public Pension Crisis" which ranked state, county and city-level public pensions in the...

And The Best Performing Stock Market In The World Is…

Authored by Simon Black via SovereignMan.com, Pop quiz: What country has the world’s best performing stock market? It’s not the United States. Or Canada. Or China. The...

US Plans First Ever ICBM Intercept Next Tuesday

Less than a month after the US Air Force successfully test fired two Minuteman ICBM missiles from California's Vanderberg Air Force base, which hit...

Stocks Surge For 7th Straight Day As US Macro Data Hits 15-Month Lows

"Smells Like Victory" - Happy Memorial Weekend...   Let's start with this...   S&P at record highs as US macro data topples to 15-month lows...   Nasdaq hit record highs...

G7 Leaders Fail To Persuade Trump To Back Climate Deal After "Controversial" Debate

The Group of Seven world leaders, or rather Six excluding Trump, tried to tame the US president... and failed. Which means on Saturday the...

Bitcoin Is Crashing (Again)

While Bitcoin is still up 13% on the week (its 8th weekly ruse of the last 9), the dollar price of the virtual currency...

All Hell Breaks Loose In Toronto's House Price Bubble

Authored by Wolf Richter via WolfStreet.com, “It’s fear.” During the first two weeks in May, according to preliminary data from Toronto Real Estate Board, home listings...

Fed Plan Falters As Euro Inflation 'Surprise' Sparks Bund Fears

As SocGen's Kit Juckes noted earlier in the week, "The ECB, not The Fed, is in the driving seat," and nowhere is that more...

THIS POST WILL WASTE YOUR FRIDAY

  Dog interrupts newscast:    German heavy metal festival installs big ass beer pipeline (Ja Rule could have used one) Don't cut off motorcycles:    Dog refuses to leave his owner...

China Unexpectedly Changes Yuan Fixing Mechanism Sparking Confusion, Concern

China has done it again: without warning Beijing moved the goalposts and changed the rules of its currency fixing mechanism... again.  As reported first...

How Washington's Reaction To Trump's Budget Justifies The Rise Of Bitcoin

Authored by Tho Bishop via The Mises Institute, Earlier this week the Trump administration announced their proposed budget for 2018. The plan bears some striking...