Category Archive: 5) Global Macro

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Want Widespread Prosperity? Radically Lower Costs

2017-11-22

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2017-11-22

Selected Goods Price Changes, 1996 - 2016
As long as this is business as usual, it's impossible to slash costs and boost widespread prosperity. It's easy to go down the wormhole of complexity when it comes to figuring out why our economy is stagnating for the bottom 80% of households. But it's actually not that complicated: the primary driver of stagnation, decline of small business start-ups, etc. is costs are skyrocketing to the point of unaffordability.

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The Entire Economic System Is One Big Illusion Charles Hugh Smith

2017-11-22

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Please click above to subscribe to my channel Thanks for ing! Financial News Silver News Gold Bix Weir RoadToRoota Road To Roota Kyle Bass Realist . Thanks for ing. Getting informed about collapse and cr may earn you, or prevent to lose money. Do you want to be informed with Max Keiser, Alex Jones, Gerald …

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RMR: Special Guest – Charles Hugh Smith – Of Two Minds (11/20/2017)

2017-11-20

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“V” and Charles Hugh Smith have a great discussion regarding bitcoin, the US wealth disparity and the power of cryptos, blockchain to free society from the banking cartel. We are political scientists, editorial engineers, and radio show developers drawn together by a shared vision of bringing Alternative news through digital mediums that evangelize our civil …

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Emerging Market Preview: Week Ahead

2017-11-20

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2017-11-20

EM FX ended the week firm, and capped off a good week overall. Best performers last week for ZAR and KRW, while the worst were TRY and IDR. Until we get higher US rates, the dollar may remain under modest pressure. This would help EM maintain some traction, though we remain cautious.

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Industrial Production Still Reflating

2017-11-20

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2017-11-20

US Industrial Production, Jan 1995 - Nov 2017
Industrial Production benefited from a hurricane rebound in October 2017, rising 2.9% above October 2016. That is the highest growth rate in nearly three years going back to January 2015. With IP lagging behind the rest of the manufacturing turnaround, this may be the best growth rate the sector will experience. Production overall was still contracting all the way to November 2016, providing the index favorable base comparisons that won’t last past...

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The Entire Economic System Is One Big Illusion: Charles Hugh Smith

2017-11-19

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Today’s Guest: Charles Hugh Smith Website: Of Two Minds Books: Why Our Status Quo Failed And Is Beyond Reform . Thanks for ing. The Entire Economic System Is One Big Illusion – Charles Hugh Smith ———————————- ▻ Help Financial Futures reach 1000 subscribers: . The Entire Economic System Is One Big Illusion Charles Hugh Smith. …

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CHARLES HUGH SMITH – Shows Where To Invest When Almost Everything Is A Bubble!

2017-11-19

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Please click above to subscribe to my channel Thanks for ing! Financial News Silver News Gold Bix Weir RoadToRoota Road To Roota Kyle Bass Realist . I coined the term ‘Creditism’ to describe an economic system driven by credit creation and consumption, in contrast to Capitalism, which was driven by . Today’s Guest: Andrew Hoffman …

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Can’t Hide From The CPI

2017-11-19

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2017-11-19

US Consumer Price Index, Jan 2016 - Oct 2017
On the vital matter of missing symmetry, consumer price indices across the world keep suggesting there remains none. Recoveries were called “V” shaped for a reason. Any economy knocked down would be as intense in getting back up, normal cyclical forces creating momentum for that to (only) happen. In the context of the past three years, symmetry is still nowhere to be found.

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Retail Sales (US) Are Exhibit #1

2017-11-19

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2017-11-19

U.S. Retail Sales, June 2011 - October 2017
In January 2016, everything came to a head. The oil price crash (2nd time), currency chaos, global turmoil, and even a second stock market liquidation were all being absorbed by the global economy. The disruptions were far worse overseas, thus the global part of global turmoil, but the US economy, too, was showing clear signs of distress.

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Emerging Markets: What has Changed

2017-11-18

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2017-11-18

Moody's raised India's sovereign debt rating for the first time since 2004 by a notch to Baa2. Nigerian officials are on a global roadshow to support plans to issue its longest-dated Eurobonds ever. The head of South Africa’s budget office resigned.

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What Central Banks Have Done Is What They’re Actually Good At

2017-11-18

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2017-11-18

Full Employment Slack, Jan 1994 - 2017
As a natural progression from the analysis of one historical bond “bubble” to the latest, it’s statements like the one below that ironically help it continue. One primary manifestation of low Treasury rates is the deepening mistrust constantly fomented in markets by the media equivalent of the boy who cries recovery.

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Zimbabwe is free of Robert Mugabe, should the world celebrate? | The Economist

2017-11-17

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Zimbabwe may be free of Robert Mugabe, who has been deposed in an apparent military coup, but the celebrations occurring in the country’s capital will be short-lived. Emmerson Mnangagwa, the man who may end up in charge, is every bit as nasty as his ex-boss, and the economic turmoil that the country is in will …

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Is This Why Productivity Has Tanked and Wealth Inequality Has Soared?

2017-11-17

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2017-11-17

US Productivity Growth, 1980 - 2016
Needless but highly profitable forced-upgrades are the bread and butter of the tech industry. One of the enduring mysteries in conventional economics (along with why wages for the bottom 95% have stagnated) is the recent decline in productivity gains (see chart).

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Globally Synchronized Downside Risks

2017-11-17

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2017-11-17

Markets and Economy. March 2012 - 2017
Oil prices were riding high after several weeks of steady, significant gains. It’s never really clear what it is that might actually move markets in the short run, whether for crude it was Saudi Arabia’s escalating activities or other geopolitical concerns. Behind those, the idea of “globally synchronized growth” that is supposedly occurring for the first time since before the Great “Recession” while it may not have pushed oil investors to buy...

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Abortion at sea | The Economist

2017-11-16

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Making abortions illegal does not stop them from happening, but it does stop them happening safely. Meet the charity taking women out to international waters where they can have safe abortions without fear of prosecution. Screen reader support enabled. Click here to subscribe to The Economist on YouTube: http://econ.st/2A5ZevU This woman is about to be …

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Forget the Bogus Republican “Reform”: Here’s What Real Tax Reform Would Look Like

2017-11-16

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2017-11-16

US Household Incomes, 1980 - 2014
The point is to end the current system in which billionaires get all the privileges and financial benefits of owning assets in the U.S. but don't pay taxes that are proportional to the benefits they extract. As has been widely noted, the Republicans' proposed "tax reform" is not only just more BAU (business as usual, i.e. cut taxes for the wealthy), it's also not real reform. At best, it's just another iteration of D.C. policy tweaks packaged for...

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05-03-15 – MACRO ANALYTICS – Learning To Innovate – w/ Charles Hugh Smith

2017-11-16

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Video Content Abstract at: LINK

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07-11-14 – Macro Analytics – The Sub-Prime Economy w/ Charles Hugh Smith

2017-11-15

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Sub-Prime Economy.

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Brexit could end the age of “Cool Britannia” | The Economist

2017-11-15

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Brexit is not only a concern for Britain’s economic future, it’s also threatening the country’s “street cred”: 2018 could mark the end of “Cool Britannia”. Click here to subscribe to The Economist on YouTube: http://econ.st/2zF0LIE Could 2018 be the year Britain loses its cool? By autumn, the complex Brexit negotiations should be drawing to a …

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The Fetid Swamp of Tax Reform

2017-11-15

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2017-11-15

Average Benefits Received and Taxes Paid per Person
The likelihood that either party will ever drain the fetid swamp of corruption that is our tax code is zero, because it's far too profitable for politicos to operate their auction for tax favors. To understand the U.S. tax code and the endless charade of tax reform, we have to start with four distasteful realities: 1. Ours is not a representational democracy, it's a political auction in which wealth casts the votes that count.

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