Two years ago, as part of its one-year forward forecast issue, the ten "experts" polled by Barron's in its one year forward forecast, predicted that the S&P would close 2015 an average of 2210, roughly 7% higher then the final print of 2014, which was at 2,058.9.
Military experts are warning that North Korea has recently improved its weapons and military capabilities across the board and is far more dangerous than previously thought. Sputnik reports: Last week, it was reported that the country had developed an intercontinental ballistic missile capable of delivering a nuclear payload to the US mainland. Only a crucial insulation issue remained to be solved to make the device truly threatening.
By Chris at www.CapitalistExploits.at
This article is a follow on from two previous articles discussing the eurodollar system. Part one can be found here, and the following one here.
While the majority of sellside analysts predict that the impact of Trump's fiscal stimulus policies will be largely beneficial for US inflation and economic growth, if only in the short-term, with a knock on reverse effect following shortly after...
... one prominent strategist disagrees.
According to a recent report from Gluskin Sheff's David Rosenberg, in which he lays out is "out-of-the-box" call for 2017, "Trump will accidentally engineer a return to the disinflation trade" in the coming year, well ahead of most expectations.
In a fiery press conference on Friday, shortly before departing for his last Hawaiian vacation, president Obama accused the press of being responsible for Hillary Clinton's loss, slammed "domestic propagandists" who he said were responsible for the risk of "fake news" and assisting foreign counter-US propaganda, but more importantly Obama vowed to “send a clear message to Russia” in retaliation for its election hacking - of which the CIA still has to demonstrate evidence - as both a punishment and a deterrent.