Chris Whalen, Chairman of Whalen Global Advisers and a very well-known financial analyst (he was one of the original forecasters of Lehman's inevitable demise) appeared on MacroVoices podcast this week to discuss the equity valuations, the path of the US dollar and DoubleLine Capital founder Jeff Gundlach’s declaration that the 35-year bull market in bonds is dead. Some of the key highlights:
Just hours after showing "lethal, overwhelming force" with a 'drill' sending two B-1 bombers over the Korean Peninsula, US ambassador to the UN, Nikki Haley, appears to ratcheted up the warmongering to '11' with her latest tweet...
Done talking about NKorea.China is aware they must act.Japan & SKorea must inc pressure.Not only a US problem.It will req an intl solution.
— Nikki Haley (@nikkihaley) July 30, 2017
Authored by Josie Wales via TheAntiMedia.org,
The federal government is no match for innovation. This is something lawmakers have always known, and it is the reason state and federal regulations exist. But innovation, by its very nature, will always find a way around those regulations, resulting in the implementation of more regulations for creative minds to learn to evade — which they will. This results in the over-regulation we see in America today.
It wasn’t the best of weeks for Donny Boo Boo, nor for Lady Liberty.
Donny’s on a losing streak that might rival his six bankruptcies for overall failure and futility. He also has gone into full Ned Beatty ‘Deliverance’ mode, squealing like a pig on Twitter for his inbred base.
North Korea’s latest ICBM test demonstrated once again that all of Japan is within striking range of the Kim Jong Un’s missiles, as it has been for a long time.
But it appears the North’s intensifying campaign of missile tests, which have increased dramatically in frequency since the beginning of the year, has convinced many wealthy Japanese that a nuclear confrontation could be imminent.