Business

Authored by Mike Krieger via Liberty Blitzkrieg blog,

If you need further evidence regarding how wasteful and irresponsible Washington D.C. is when it comes to our tax dollars, look no further than the behavior of agencies under Donald “drain the swamp” Trump.

This year’s spending binge amounted to $11 billion in the last fiscal year week of 2017, and many of the excesses were detailed by Open the Books Founder and CEO, Adam Andrzejewski, in a recent Forbes article.

Submitted by Bill Blain of Mint Partners

“You’re a cop. I had your job once. I was good at.”

Continued Upside! What does it mean? Short term complacency danger, but long term maybe soft bull?

World stocks eased back from record highs and fell for the first time in eight days, as jitters about Catalonia’s independence push returned while bets on higher U.S. interest rates sent the dollar to its highest since mid August; S&P 500 futures were modestly in the red - as they have been every day this week before levitating to record highs - ahead of hurricane-distorted nonfarm payrolls data (full preview here). U.S. jobs report will also be released Friday with a speech on monetary policy by the New York Fed chief.

Gold Investment In Germany Surges – Now World’s Largest Gold Buyers

In his latest Macro View, Bloomberg reporter and macro commentator, David Finnerty, explains why investors are better off ignoring today's payrolls report - where "any weakness will be attributed to hurricanes, while a beat on payrolls or wages would be seen as supporting a Federal Reserve interest rate increase in December" - and instead focus on Europe, and specifically the next ECB meeting which will set the stage for the next big move in global risk.

His full note below.

Looking for the Next Treasury Driver After Payrolls