Business

Submitted by Charles Hugh-Smith via OfTwoMinds blog,

Neocolonial "capitalist paradise" or crony "socialist paradise": the net result is the same: expropriation and impoverishment.

Yesterday I noted that not all assets will make it through the inevitable financial re-set. ( Which Assets Are Most Likely to Survive the Inevitable "System Re-Set"?)

While too backward looking to be actionable (it reflects the labor situation with a 2 month delay) especially in a time when everyone is focused on the future of Trump's fiscal policies (whose details have still to be revealed), today's JOLTs report showed few changes for "Janet Yellen's favorite labor market indicator": the number of job openings was little changed at 5.501 million, down from downward revised 5.505 million, missing expectations for a second consecutive month: consensus was looking for 5.568 million jobs.

By EconMatters

• Senate to Vote on DeVos Confirmation Amid Fiery Debate (WSJ)
• Investors Cut Back on Commercial Property (WSJ)
• Euro, European bonds unnerved by French politics (Reuters)
• Trump’s Dodd-Frank Do-Over Diverted to Slow Lane (BBG)
• In GOP, Divide Grows Over Pace of Obamacare Repeal (WSJ)
• Syria Detains Opponents as It Reasserts Control (WSJ)
• Gaga’s Halftime Drone Swarm Was Pretaped (BBG)
• Tom Brady’s Missing Super Bowl Jersey Could Be Worth $500,000 (BBG)
• The New Face of American Unemployment (BBG)

5 Must See Charts and Gold Mean "Impending Market Volatility”