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Several Simple Suppositions And Suspicions For 2018

December 30, 2017 - 9:04am
Several Simple Suppositions And Suspicions For 2018

Authored by MN Gordon via The Economic Prism blog,

The New Year’s nearly here.  The slate’s been wiped clean.  New hopes, new dreams, and new fantasies, are all within reach.  Today’s the day to make a double fisted grab for them.

 

Without question, 2018 will be the year that everything happens exactly as it should.  Some things you’ll be able to control.  Other things will be well beyond your control.

Hussman On The Three Big Delusions: Paper Wealth, A Booming Economy, And Bitcoin

December 28, 2017 - 12:19am
Hussman On The Three Big Delusions: Paper Wealth, A Booming Economy, And Bitcoin

Authored by John Hussman via HussmanFunds.com,

Let us not, in the pride of our superior knowledge, turn with contempt from the follies of our predecessors. The study of the errors into which great minds have fallen in the pursuit of truth can never be uninstructive.”
– Charles MackayExtraordinary Popular Delusions and the Madness of Crowds

Global Stocks Rise, Copper Soars In Thin Holiday Volumes

December 27, 2017 - 11:04pm
Global Stocks Rise, Copper Soars In Thin Holiday Volumes

European stocks are steady in post-Christmas trading if struggling for traction after a mixed session in Asia, amid trading thinned by a holiday-shortened week and ongoing worries about the tech sector; however a strong rally in commodities - including copper and oil - buoyed expectations for a strong 2018 and helped offset concerns over the technology sector triggered by reports of soft iPhone X demand. 

Seventeen Things We Learned about Money in Politics in 2017

December 27, 2017 - 4:00pm

First a confession. I did not write a "16 Things We Learned about Money in Politics in 2016." It was a strange post-election period and I just couldn't put pen to paper.
But what did we learn about money in politics during the Earth's ride around the Sun this year?
17. There's still an appetite for reform. Polling showed that a majority -- 57 percent --  of Americans want limits on Super PACS, and that 60 percent of Independents, 51 percent of Democrats and even 48 percent of Republicans are opposed to the Citizens United ruling.    

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