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Summer Storm Keeps Building as Second Dip of Great Recession Approaches

Summer Storm Keeps Building as Second Dip of Great Recession Approaches

These updates to my list of “Seven Troubles Assailing the US Economy” are far too important to remain buried at the end of that article since many readers may not return to the article to check for updates. The summer economic crisis I’ve been predicting is building even more rapidly than when I reported a week ago. It’s almost here:

 

Susan Rice Slams "Lying" Putin; Rejects Muslim Ban: "They Need To Feel Valued"

Susan Rice Slams "Lying" Putin; Rejects Muslim Ban: "They Need To Feel Valued"

Susan Rice vehemently dismissed Russian President Vladimir Putin's denials that Russia meddled in the 2016 U.S. presidential election, during a Sunday morning interview on ABC's "This Week".

Following Putin's comments during a press conference last week that "patriotic minded" private Russian hackers unconnected to the government could be behind major hacks that interfered in other nation's elections...

Global Warming Frenzy Continues Over Trump: When Has Mass Hysteria Ever Been Right?

Global Warming Frenzy Continues Over Trump: When Has Mass Hysteria Ever Been Right?

Authored by Mike Shedlock via MishTalk.com,

Corporate CEOs, French and German leaders, and the general crowd of Al Gore brainwashed global warming fearmongers are up in arms over Trump pulling out of the Paris Global Warming Accord.

The Financial Times reports G7 Allies Lead Anger at Trump’s Exit from Paris Climate Agreement.

French President Emmanuel Macron issued a video statement in English urging US scientists to relocate to France.

Heads of Germany, France, Italy Issue Joint Statement

Central Banks Now Own A Third Of The Entire $54 Trillion Global Bond Market

Central Banks Now Own A Third Of The Entire $54 Trillion Global Bond Market

Two weeks ago we asked a question: maybe behind all the rhetoric and constant (ab)use of sophisticated terms like "gamma", "vega", CTAs, risk-parity, vol-neutral, central bank vol-suppression, (inverse) VIX ETFs and so forth to explain why despite the surging political uncertainty in recent years, and especially since the US election...

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