America

Submitted by Chris Hamilton via Econimica blog,

Analysts and talking heads have an awful lot of opinions.  Are we in a bubble or aren't we?  Rather than offer another opinion, I'll offer the relationship of US economic activity (GDP) against the Wilshire 5000 (representing US equities) and the Federal Reserves gauge of American wealth, Z1 Household Net Worth series.  These are the preferred establishment gauges, so take a look and then you decide.

In surprising comments that may rekindle a verbal currency war between president Trump and Europe, German finance minister Wolfgang Schäuble told German newspaper Tagesspiegel that in his opinion the Euro is "too low" for Germany, echoing criticism from Trump's trade advisor Peter Navarro, who last week told the FT that Germany was exploiting its US and EU partners by using a “grossly undervalued” euro to create a vast trade surplus.

A high-level whistleblower from the world’s leading source of climate data has revealed that the NOAA deliberately published fraudulent data on global warming.  America’s National Oceanic and Atmospheric Administration (NOAA) deliberately sexed up a report that exaggerated the effect of man-made global warming in order to influence the 2015 Paris Agreement on climate change.

As prominent MEPs are slamming US President Donald Trump's choice for ambassador to Brussels, RT’s Afshin Rattansi sat down with Ted Malloch for his personal views on the matter.

Following angry tweets all day from President Trump, the U.S. Justice Department filed notice Saturday evening of a formal notice of appeal of a Seattle judge’s temporary restraining order which put the administration's immigration order on hold. The notice followed a statement by the DHS to comply with Friday night’s court ruling by reverting to immigration procedures in place before the Jan. 27 executive order on immigration, and by the State Department to reverse the provisional revocation of about 60,000 visas.