Authored by Mac Slavo via SHTFplan.com,
On Wednesday there were a lot of Trump fans who were celebrating the latest progress in the stock market. For the first time in over 100 years, the DOW gained 4,000 points over the course of 200 working days. That’s 4,000 points since Trump was elected, so it’s easy to draw a connection between the stock market’s dizzying new heights and Trump’s ascent to the White House.
Here comes even more of that deflation the Fed hates so much.
Walmart stock is getting whacked, as is the broader grocer sector, after Amazon announced moments ago that the acquisition of Whole Foods will close on Monday, and that in keeping with the company's tradition of stealing market by underpricing its competition, it will cut prices at Whole Foods once the deal closes.
A lot has happened since The White House's last on-camera press briefing - from Charlottesville to CEO-denouncements and Bannon's departure, and from Afghanistan to tax reform and GOP infighting. Sarah Huckabee-Sanders has her hands full - grab your popcorn...
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Authored by Aleni Pittalis via Platts' The Barrel blog,
Approximately 90% of the world’s trade travels by sea and one would expect the industry’s supply chain to be the height of modernity by adopting disruptive technology and strategies. However, this could not be further from the truth. While online trading platforms are under development, the traditionalism of the industry prevails with various parties involved in each voyage, typically communicating via trade managers.
Content originally published at iBankCoin.com
According to Dallas Fed's Kaplan, America has an over abundance of jobs and needs to attract wanton amount of migrants in order to fill the insatiable demand for cheap labor, aka 'skills gap.'
While on one hand, Kaplan ceded to the notion that globalization was a primary reason for price deflation and stagnant growth, he also blamed America's aging demographics for lackluster growth.