Authored by Dr. Constantin Gurdgiev via MarketWatch.com,
The stagnation of real incomes from 1999 through today is structural, not cyclical...
Off the top, the figures published by the U.S. Census Bureau on Tuesday are encouraging:
Background here.
By Kristen Breitweiser, one of the four 9/11 widows – known as the “Jersey Girls” – instrumental in forcing the government to form the 9/11 Commission to investigate the 2001 attacks. Follow Kristen Breitweiser on Twitter: www.twitter.com/kdbreitweiser.
Everyone knows about the Kingdom of Saudi Arabia’s connections to the September 11th attacks. In fact, most Americans can easily recite that 15 of the 19 September 11th hijackers were Saudi.
A correspondent with Al-Masdar News based in Damascus has confirmed that the Syrian Amy has crossed the Euphrates which runs through Deir Ezzor on Monday. The river forms a natural demarcation line separating Syrian government forces and their allies from the US-backed Syrian Democratic Forces (SDF):
DAMACUS, SYRIA (4:00 P.M.) – The Syrian Army was capable today of crossing the Euphrates River after fully recapturing Sakr Island located to the north of Deir Ezzor Airbase.
It's been at least a few weeks since the topic of trade war with China dominated the news flow, so moments ago U.S. Trade Representative Robert Lighthizer decided to poke that particular wound, in during a speech in Washington said that "China’s coordinated effort to create national champions and distort markets is a threat to the world’s trading system."
Some headlines from his speech, via Reuters:
For the past 3 months, Bank of America strategist David Woo has been warning that the market is precariously unbalanced, and as a result the smallest shift away from being "priced to perfection", or spike in volatility, could lead to a waterfall event. As we first reported back in July, Woo first warned that between the ongoing standoff in Washington, and the seemingly endless showdown with North Korea, there are two "dangerous" games of chicken afoot, both of which could culminate in a market crash.