Market Crash? Another ‘Red Card’ For The Economy

Authored by Daniel Lacalle via DLacalle.com, A few months ago I wrote this article at the World Economic Forum called “A Yellow Card For The Global Economy“. It tried to serve as a warning on the rising imbalances of the emerging and leading economies. Unfortunately,…

China Should Slash UST Purchases, Policy Advisor Warns

Nine months after initial headlines warned of China reducing its Treasury purchases (sparking a mini-panic), a senior Chinese policy advisor has once again raised the specter of China rotating away from USD in its reserves, and specifically reducing its UST purchases. China’s Treasury holdings have…

Collins, Manchin Vote “Yes”, Ensuring Kavanaugh Confirmation

After months of debate, last minute allegations of sexual assault, an FBI investigation and dozens of hours of tense testimony, Supreme Court nominee Brett Kavanaugh now has the 50 votes required to be confirmed to the Supreme Court, after both GOP Sen. Susan Collins of Maine and…

Chinese Imports Of US Crude Have “Totally Stopped” As Tariff Threats Persist

It has been roughly two months since China threatened to impose a 25% tariff on US energy imports (it eventually went back on those threats), and less than two weeks since the latest round of tariffs has been implemented. But even as China has shied…

Woman Suspended From Belfast City Council For Criticizing Islam – Jolene Bunting

Jolene Bunting was suspended from Belfast City Council for a period of 4 months for criticizing Islam and agreeing with a leaflet that pointed out the reality of rapid demographic replacement of European peoples. Guest’s social media: Tweets by CllrBunting https://www.facebook.com/people/Cllr-Jolene-Bunting/100005423867641 Petition: Reinstate Councillor Jolene…

Tesla Is Preparing To Erect A Second Tent

Just a few months after Elon Musk stunned auto industry experts by erecting a tent at the company’s Fremont facility to handle Model 3 production, Tesla is at it again. Flying in the face of any scientific and engineering knowledge, Elon Musk says his ad-hoc…

GE Names New CEO, Slashes Guidance, Takes $23 Billion Charge

Several months after it was kicked out of the DJIA, GE shares touched their lowest levels since the financial crisis last week while the rest of the market has surged to fresh record highs. And with the company searching for something, anything, to pull shares…

Slovak Police Arrest Suspects In Mafia Hit That Nearly Brought Down Government

Seven months after Slovak investigative journalist Jan Kuciak and his girlfriend Martina Kusnirova were assassinated in what’s believed to have been a paid hit organized by an Italian organized crime group with deep ties to the Slovakian government, local police have finally arrested eight who…

Hong Kong Money Markets Explode ‘Most Since Lehman’ As Carry Trade Unwinds

After more than five months of trading at or near the lower band of its currency peg (prompting repeated interventions by the city’s de facto central bank), the Hong Kong Dollar exploded stronger last week, imploding short-HKD carry traders and the carnage is for all…

OPEC, Russia Defy Trump Demand To Boost Oil Production

Less than three months after Trump’s latest tweet slamming OPEC, in which he warned the petroleum cartel that it must “REDUCE PRICING NOW!”, Trump was at it again and on Thursday morning, with Brent hitting $80 per barrel and higher gasoline prices creating another headache…