One week after JPM made the exact same forecast, warning that the recent surge in the USDJPY will fade dramatically as Dollar euphoria shifts to concerns about protectionism, overnight UBS Group’s $2 trillion wealth-management arm said yen traders have got the Donald Trump "trade" all wrong, and the yen will strengthen to 98 per dollar by this time next year.
With snowflakes everywhere across America seemingly content to burn the Stars & Stripes to protest democracy's decision to elect what they have been told is a racist, homophobic, anti-semitic, sexist, tax-fraud as president...
by Ron Paul
Former Dallas Federal Reserve Bank President Richard Fisher recently gave a speech identifying the Federal Reserve’s easy money/low interest rate policies as a source of the public anger that propelled Donald Trump into the White House. Mr. Fisher is certainly correct that the Fed’s policies have “skewered” the middle class. However, the problem is not specific Fed policies, but the very system of fiat currency managed by a secretive central bank.
Former CNN White House correspondent, Frank Sesno, has taken it upon himself to define the guidelines by which the news media should cover Donald Trump. The rules were published by The Hill, where Sesno is a contributor, and urge reporters to be "relentless" yet "fair" and describes Trump is the "adversary."
Scientists have warned that the Arctic is undergoing unusually rapid changes at the moment that will result in worldwide flooding as a result of global warming. According to an Arctic Council report, unless the world stops burning fossil fuels, the turbulent changing occuring in the Arctic could result in catastrophic effects for the wildlife that live there and the rest of humanity on the planet. Rising sea levels are already eroding away at America’s coastlines, and threaten to cause entire islands to sink underwater.