Business

While markets remain relatively subdued ahead of tomorrow's nonfarm payrolls report, after several days of losses in US stocks, which have taken "sell in May" to heart and pushed the S&P500 to three week lows, overnight markets ignored the latest weak data out of China where the Caixin Services PMI was the latest indicator to disappoint (dropping from 52.2 to 51.8), and instead focused on crude, which rebounded from yesterday's post inventory-build lows and briefly printed above $45/bbl over uncertainty related to the impact of Canada wildfires on production and how long will last.

A Big Bank Suggests WEALTH Taxation

Written by Jeff Nielson (CLICK FOR ORIGINAL)

There is a two-word phrase which is virtually never heard within the vacuous propaganda machine known as the mainstream media: “wealth taxation”. There are very obvious reasons for such conceptual censorship.

Ever wondered where the United States imports its oil from?

Howmuch.net came out with some infographics to show that from 2000 to 2015. What we would highlight here is the notable shift from the U.S. depending heavily on Middle East countries and Mexico, to depending more on America's neighbor to the north, Canada.

In 2000, the U.S. imported 661 million barrels of oil from Canada, 503 million barrels from Mexico, and a combined 902 million barrels from Iraq, Saudi Arabia, and Kuwait.

Authored by Paul Craig Roberts,

Greenpeace has done that part of the world whose representatives are so corrupt or so stupid as to sign on to the Trans-Pacific and Trans-Atlantic “partnerships” a great service. Greenpeace secured and leaked the secret TTIP documents that Washington and global corporations are pushing on Europe. The official documents prove that my description of these “partnerships” when they first appeared in the news is totally correct.

Submitted by Peter Schiff via Euro Pacific Capital,