Japanese Trade Data Collapses, Crushes "Devalue Our Way To Prosperity" Dreams

Japanese Trade Data Collapses, Crushes "Devalue Our Way To Prosperity" Dreams

Seriously - how many more times can a central bankers' policies be exposed for the total sham that they are?

“The turmoil in global markets is making companies cautious about spending and also weakening global demand. That will be negative to Japanese exports,” Hiroaki Muto, chief economist at Tokai Tokyo Research Center in Tokyo, said before the trade report was released.

 

BREXIT Risk Spikes To Record High

BREXIT Risk Spikes To Record High

Amid today's summit and Cameron's looming pitch to The Brits, the market is starting to take the risk of UK's exit from the EU seriously...

Various indicators across markets can be used as a 'sentiment' guide for fears (or hopes) about BREXIT, but, as MacroMan notes, perhaps the simplest and cleanest is the 3/6/12 month implied vol butterfly in GBP/USD, given that the referendum is widely expected for June, a little over four months from now.

 

MacroMan continues,

JAMA Study Confirms Whistleblower Warning Of Infant Vaccine Damage

A study by the Journal of the American Medical Association has confirmed what a whistle blowing nurse has long been saying : routine hospital vaccine damage is happening to infants. Michelle Rowton of Nurses Against Mandatory Vaccines (NAMV) gave a live interview last month with David Knight of infowars.com. The nurse turned whistleblower spoke about the callous, daily operating procedure that she witnessed in the hospital where she she worked.

The US Economy Has Not Recovered And Will Not Recover — Paul Craig Roberts

The US Economy Has Not Recovered And Will Not Recover

Paul Craig Roberts

The US economy died when middle class jobs were offshored and when the financial system was deregulated.

Jobs offshoring benefitted corporate executives and shareholders, because lower labor and compliance costs resulted in higher profits. These profits flowed through to shareholders in the form of capital gains and to executives in the form of “performance bonuses.” Wall Street benefitted from the bull market generated by higher profits.

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