Category Archive: 5) Global Macro
Industrial Synchronized Demand
Are the industrial commodities starting to get a whiff of demand side rejection? Short run trends suggest that this could be the case. From copper to iron and the highest (formerly) of the high flyers, aluminum, this particular group has been exhibiting a rather synchronized setback going back to the end of March, start of April.
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Live Broadcast | Joe Biden expedites military aid to Ukraine | Direct from Washington, DC
WION Live Broadcast | Joe Biden expedites military aid to Ukraine | Direct from Washington, DC
- Joe Biden expedites military aid to Ukraine
- Alabama manhunt for inmate ends
- The Philippines set for the return of the Marcos family
- Nepali Sherpa conquers Everest for record 26th time
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Russia-Ukraine crisis: Russia destroys Skovoroda Museum with missile strike | World News
More than two months have passed on and the fighting in Ukraine rages on. In the latest development, Kyiv said that Russia has destroyed a Ukrainian museum with a missile strike.
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What Happens When Complexity Unravels?
Those glancing at the appearances will be assured all is well and it will all sort itself out. Those who look behind the screen will move away as fast as they can. When finances tighten, there are two choices: cut expenses or increase revenues. Monopolies, cartels and governments can increase revenues by increasing taxes or the price of goods and services because users /customers / taxpayers have no alternative.
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Russia-Ukraine Conflict Live News Updates: G7 to hold virtual meet with President Zelensky | WION
It has been several weeks since the Russian invasion of Ukraine started, and scores of civilians have lost their lives in the conflict. Armies of both countries have been involved in intense fights since Russian troops entered Ukraine. Now, G7 will hold virtual meet with Zelensky.
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War in Ukraine: why is Russia’s army so weak? | The Economist
As Russia celebrates Victory Day, our defence correspondent considers why the Russian army has performed so badly in Ukraine.
00:00 - The poor performance of Russia’s armed forces in Ukraine
00:40 - Why has the Russian army struggled in Ukraine?
02:00 - What’s behind Russia’s brutal warfare?
03:27 - Donbas: the next frontier
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Russian soldiers appear to be dying...
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Russia marks Victory Day on May 9, observers speculate ‘All-Out’ war | World News | WION
As the battle continues in Ukraine, Russian forces are preparing for the victory day on May 9 and experts have predicted a declaration of all-out war on Ukraine. Russian President Vladimir Putin will celebrate the World War 2 Soviet victory over Nazi Germany with a traditional victory day parade.
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CIA Director on Putin’s goal in Ukraine: ‘No signs of deployment of tactical nuclear weapons’ | WION
In a latest update from the ongoing war, Central Intelligence Agency director William Burns has said that Russian President Vladimir Putin believes that he can't afford to lose in Ukraine, he also said that Putin is doubling down on war which shows no signs of planning to use tactical nuclear weapons.
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Who’s Playing Puppetmaster, And Who Is Master of Puppets
Cue up the old VHS tapes of Bill Clinton. The former President was renowned for displaying, anyway, great empathy. He famously said in October 1992, weeks before the election that would bring him to the White House, “I feel your pain.”What pain? As Clinton’s chief political advisor later clarified, “it’s the economy stupid.”
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Not the 1970s or the 1920s: We’re in Uncharted Territory
All of these similarities and differences are setting up a sea-change revaluation of capital, resources and labor that will be on the same scale as the extraordinary transitions of the 1920s and 1970s.
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China Then Europe Then…
This is the difference, though in the end it only amounts to a matter of timing. When pressed (very modestly) on the slow pace of the ECB’s “inflation” “fighting” (theater) campaign, its President, Christine Lagarde, once again demonstrated her willingness to be patient if not cautious.
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Russia lost 23,000 soldiers in senseless war: Zelensky | World Latest News | WION
Ukrainian President Volodymyr Zelensky while addressing the nation said that Russia has lost more than 23,000 soldiers in the conflict, that he described as a 'senseless war'. He also added that efforts are being made to bring life back to normal.
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Pentagon Spokesperson John Kirby gets emotional while talking about Putin’s ‘depravity’ | WION
The Russia-Ukraine war has entered its third month. The US has called out Russian war crimes. Pentagon Spokesperson John Kirby talked about Putin's state of mind and got emotional while narrating the situation in Ukraine
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The Contrarian Curse
What if all the new consensus memes are as wrong as the ones they replaced? I have the Contrarian Curse, and I have it bad. The Contrarian Curse is: as soon as the herd adopts your previously contrarian view, you start questioning the new consensus, just as you questioned the previous consensus.
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Collateral Shortage…From *A* Fed Perspective
It’s never just one thing or another. Take, for example, collateral scarcity. By itself, it’s already a problem but it may not be enough to bring the whole system to reverse. A good illustration would be 2017. Throughout that whole year, T-bill rates (4-week, in particular) kept indicating this very shortfall, especially the repeated instances when equivalent bill yields would go below the RRP “floor” and often stay there for prolonged periods....
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Abortion and the Supreme Court: what’s at stake? | The Economist
A leaked draft opinion suggests the Supreme Court is poised to overturn the right to abortion in America. If this ruling goes ahead, women's rights are in danger.
00:00 - Abortion rights are under threat
00:45 - Why the leak was unprecedented
01:35 - Women’s rights and lives are in danger
02:22 - Will this be the first constitutional right to be erased?
02:50 - Could other constitutional rights be struck down?
04:16 - Are Americans losing trust...
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Some ‘Core’ ‘Inflation’ Difference(s)
The FOMC meets next week, with everyone everywhere expecting a 50 bps rate hike to be announced on Wednesday. Yesterday’s “unexpected” and “shocking” negative GDP is unlikely to deter anyone on the committee.
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Russia-Ukraine war: Sweden alleges Russian plane violated airspace | International News | WION
Sweden has claimed that a Russian plane briefly violated its airspace on Friday. In a statement, Swedish Defence minister, Peter Hultqvist said, "It is totally unacceptable to violate Swedish airspace. This action is unprofessional."
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Russia-Ukraine Conflict Live News Updates: Shelling continues in Ukraine’s Kharkiv
It has been several weeks since the Russian invasion of Ukraine started, and scores of civilians have lost their lives in the conflict. Armies of both countries have been involved in intense fights since Russian troops entered Ukraine. Now, Russia has intensified attacks on Ukraine.
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