Authored by Craig Wilson via The Daily Reckoning,
Nomi Prins joined The Foreign Correspondents’ Club of Japan in Tokyo to discuss the banking landscape and state of financial regulations in the Trump era. The central bank historian and financial expert also took a deep dive into the shifting relations between the United States and Japan and what easy money policy has meant for financial markets.
Mark Zuckerberg, the 30-something billionaire founder of Facebook, hasn't lived a 'normal' life...at least not at any point in the recent past. He grew up in a suburb of New York City and now hobnobs with the elites of Silicon Valley, at least when he's not enjoying that massive chunk of Kauai that he recently purchased for his own private use.
On Thursday morning the CBO released a surprisingly upbeat assessment of Donald Trump's proposed budget, calculating that it would cut the cumulative US deficit by 30% over the next decade, preventing the US debt from spiraling out of control (even further).
Just two days after S&P downgraded Hartford to junk, Moody's has piled on, pushing the Connecticut State capital below investment-grade due to "the increased likelihood that the city will pursue debt restructurings to address its fiscal challenges."
There's free-speech and there's Bezos-approved free-speech...
It seems the message is beginning to sink in that the constant liberal media attacks on Trump, 'the right', Russia, and anyone daring to not denigrate any of these - is not welcome among most Americans... (as WSJ noted this week)...
Skepticism toward the media is most often associated with conservatives in Middle America, some of whom eat something other than artisanal sandwiches.