Via ConvergEx's Nicholas Colas,
The game is afoot: call it the “Mystery of the Teleporting Commuter”. Starting in October 2016, the amount of gasoline supplied to the US market started to decline on a year over year basis. This negative trend accelerated in January, leaving both energy analysts and macroeconomic pundits to wonder if the US has entered a stealth recession.
For the dramatic impact of technology, and specifically trade automation from algo, quant and robotic trading on today's capital markets, look no further than Goldman's cash equities trading floor at the firm's headquarters which, according to the MIT Tech Review, employed 600 traders its height back in 2000, buying and selling stocks for Goldman's institutional client clients. Today there are just two equity traders left.
By EconMatters
We discuss how Central Banks in England, Europe and Japan in concert with the United States has created the biggest levered up carry trade of all time in financial markets. The unwind of this trade is going to crash financial markets!
https://www.youtube.com/watch?v=s8hbAAoSxjk
In "The Slow Death of the Deadbeat Carriers, pt 4" I reminded all about the price competition kicked off by the upstart T-Mobile that reconfigured the US wireless industry.
T-mobile eliminated plan contracts, eliminated handset financing (at least usury style financing) and made the unlimited data plan a mainstay. Look at what those changes did to T-mobiles subscription business
Via The Daily Bell
TISA’s Worse Than TPP—Kiss Internet privacy and national sovereignty goodbye – National Economics
We got rid of TPP and now they’re bringing it back with TISA. In some ways it’s even worse that TPP.
TPP was killed because Congress wasn’t going to go along with it and US President Donald Trump withdrew the county from the Trans-Pacific Partnership (TPP) as soon as he got into office.