Tag Archive: Featured

No, the American Republic Was Not Founded on Slavery

2020-10-30

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2020-10-30

Journalistic propaganda is a powerful instrument of indoctrination. Without evidence, foul ideas can easily penetrate mainstream discourse. For instance, recently it has become fashionable to posit that slavery is America’s original sin.

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FX Daily. October 29: Markets Continue to Struggle

2020-10-29

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2020-10-29

The spreading virus that is shutting down large parts of Europe, while the US is reluctant to return to lockdowns and refuses to have a nationwide requirement for masks in public hit risk assets yesterday.  The S&P posted its largest decline in four-months yesterday (~3.5%), and the selling carried into the Asia Pacific region.

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Introducing the Bannockburn World Currency Index

2020-10-29

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2020-10-29

The Dollar Index is a popular way to think about and trade "the dollar."  However, it has become less relevant as a reflection of the dollar's performance or representative of trade, capital flows, market capitalization. 

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Covid: UK study suggests natural immunity short lived

2020-10-29

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2020-10-29

Levels of SARS-CoV-2 antibodies wane quite rapidly after infection, researchers from Imperial College London have found. The team, which measured SARS-CoV-2 antibody levels in 365,000 people between June and September saw a decline of 26% in the number testing positive for antibodies.

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Coronavirus: a record 8,600 new daily cases in Switzerland

2020-10-29

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2020-10-29

On 28 October 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 8,616 new cases of SARS-CoV-2 infection over 24 hours, bringing the total to 135,658.

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Was Rothbard a Populist?

2020-10-29

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2020-10-29

Why did Murray Rothbard embrace populism and why did he think it could work to limit the power of the state? In short, Rothbard believed that a small elite had seized the power of the state to fleece and oppress the majority. Rothbard was in part basing his ideas on the historical narrative of the Democratic populists of the nineteenth century who formed the party of sound money, low taxes, and decentralized power. This laissez-faire party also...

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What’s Going On, And Why Late August?

2020-10-29

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2020-10-29

ICE: US$ Index Futures, DX1
This isn’t about COVID. It’s been building since the end of August, a shift in mood, perception, and reality that began turning things several months before even then. With markets fickle yet again, a lot today, what’s going on here?

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FX Daily, October 28: Animal Spirits Called in Sick

2020-10-28

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2020-10-28

Sickened by the surging virus, animal spirits are bed-ridden today. Several European countries are experiencing the most fatalities and illnesses in several months, and policymakers are responded with national restrictions.

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Should Covid be left to spread among the young and healthy?

2020-10-28

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2020-10-28

Recent petitions from two groups of scientists clash over herd immunity. Тhe Great Barrington Declaration On 4 October 2020, three public health experts launched the “Great Barrington Declaration”, a petition calling on governments to protect the vulnerable and allow the young and healthy to live their lives without restrictions.

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“Unless the US stops printing money, the dollar will collapse.”

2020-10-28

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2020-10-28

We’re less than two weeks away from the US election, and yet this sense of utter confusion, bitter political conflict, and economic uncertainty that has been ominously hovering over the nation, as well as the rest of the world, doesn’t seem to have subsided.

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ECB Preview

2020-10-28

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2020-10-28

Balance Sheets, USD Trln 2007-2020
The ECB meets Thursday and is widely expected to stand pat until the next meeting. Macro forecasts won’t be updated until the December 10 meeting, but the bank will have to acknowledge the deteriorating outlook now.

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Dollar Bid as Markets Start the Week in Risk-Off Mode

2020-10-28

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2020-10-28

Pound Performance, 2020
Increasing virus numbers have pushed European governments to once again start imposing national measures; the week is starting off on a risk-off note. Today may see the official end of stimulus talks; odds for Biden victory are increasing again but is already mostly priced in.

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On Foreign Policy, Trump Is Still the Lesser Evil

2020-10-27

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2020-10-27

Audio Mises Wire
The Democrats, Liz Cheney, and the Never Trumpers still want endless wars, and they hate Trump's apparent lack of enthusiasm for embracing their dreams of empire. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: "On Foreign Policy, Trump Is Still the Lesser Evil".

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FX Daily, October 27: Markets Take Collective Breath and Beijing Tweaks Fixing Mechanism

2020-10-27

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2020-10-27

The surging pandemic sapped the risk-taking appetites as some investors hunker down for what could be a volatile period ahead.  The S&P 500 lost nearly 3% at its lows before rebounding 1% in late dealings.

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How Systems Collapse: Reaping What We’ve Sown

2020-10-27

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2020-10-27

Don't expect healthcare or any other hollowed-out, heavily optimized system to function as it once did. A great many Americans will be shocked when our healthcare systems start failing because they believed the PR that "we have the finest healthcare system in the world.

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Coronavirus: 17,440 new cases recorded in Switzerland over the weekend

2020-10-27

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2020-10-27

Numbers published today by the Federal Office of Public Health (FOPH) show a further 17,440 tested positive for the SARS-CoV-2 virus in Switzerland over 72 hours, a daily average of 5,813.

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Weekly View – A sure thing

2020-10-27

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2020-10-27

Signs from last week’s SURE programme to finance partial unemployment schemes are highly encouraging for the EU’s plans for recovery fund issuance which could start, we believe, in mid-2021. Last week’s SURE issue was close to 14 times oversubscribed at a rate lower than that for French government bonds of comparable duration.

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Charitable Remainder Trusts

2020-10-27

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2020-10-27

Alhambra's' Bob Williams describes Charitable Remainder Trusts and how they can be used as a planning tool to create a win-win for you and charities.

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Brain Death: Challenges and Responses

2020-10-27

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2020-10-27

Does it matter if we call irreversibly comatose patients “dead?” Our guest is Doyen Nguyen, OP, MD, STD. Dr. Nguyen was previously an academic hemato-pathologist and is currently a Catholic moral theologian and bioethicist.

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FX Daily, October 26: Troubling Start of the Important Week

2020-10-26

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2020-10-26

The surging virus ravaging large parts of Europe and the United States is fanning concerns over the economic implications as new social restrictions and curfews are announced in several countries. US additional fiscal support remains elusive as aid for states and local governments remains a bone of contention. 

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