Authored by James Rickards via The Daily Reckoning,
Janet Yellen’s mantra is, “It’s transitory!”
That’s Yellen’s typical response to a long litany of data that shows the U.S. is in the grip of a powerful disinflationary trend that may lead to outright deflation - a central banker’s worst nightmare.
S&P futures are again modestly in the green as European shares hold steady ahead of a meeting of the Catalan regional parliament and a possible declaration of independence by Catalan leader Puigdemont, while Asian shares rise a the second day. The dollar declined for the 3rd day, its losses accelerating across the board amid growing concerns that Trump's tax reform is once again dead following the Corker spat and a rejection from Paul Ryan, with the move gaining traction after China set the yuan’s fixing stronger for the first time in seven days.
Authored by Mac Slavo via SHTFplan.com,
While the United States remains distracted and divided, Great Britain draws up plans for an upcoming war with North Korea.
Tossing major issues aside, Americans have all but forgotten that the world stands on the precipice of World War 3.
Authored by Matthew Jamison via The Strategic Culture Foundation,
With the nuclear standoff between North Korea and the United States having heated up significantly over the summer, it has been the Governments of Russia and China who have sought to be the responsible, mature and wise international parties at the United Nations and throughout the international community.
Authored by J.Hawk, Daniel Deiss, & Edwin Watson via SouthFront.org,
One of Donald Trump’s campaign promises was the pledge to “rebuild the US military”, and it is one of the few of his initiatives that appears to enjoy broad bipartisan support.