There have been three recent developments all announced in succession that suggest the dollar’s replacement is imminent (before this decade is over)...
And again, nothing for the border...
"Fertilizer is the new gas."
The world we’ve known is over...
- European bourses are closed for Labour Day, with the exception of the UK’s FTSE 100, which is incrementally firmer; US equity futures are entirely in the red
- Dollar is flat with G10 peers also holding pattern awaiting a slew of US data and the FOMC
- USTs are unchanged ahead of today’s key events, with QRA also in focus; Gilts subdued
- Crude sinks lower, XAU is incrementally firmer and base metals are lower across the board
- Looking ahead, US Manufacturing PMI, ISM, US ADP, J
Five more people, including a child, died when trying to cross the English Channel by boat last Tuesday...
LNG has become the most important swing energy source in an increasingly insecure world...
Europe must make the sacrifice for you know who as Odessa getting pummeled.
Thousands make risky jaunt across frontier to avoid dying for country's NATO membership bid
Ukrainian intelligence played a vital role in generating CIA allegations that would become a foundation of the Russiagate hoax...
Another fight with water cannons between rival coast guard patrols...
“But if there is an immediate ban it could be even more extreme. There are very limited supplies available.”
Students have occupied the lawn in the middle of campus for nearly two weeks...
"in recent weeks senior officials across several federal U.S. agencies have discussed the practicality of different options to resettle Palestinians from Gaza."
‘We all get to vote, but the ability to make legislation is no longer in the hands of the people we elect,’ Columbia law professor Philip Hamburger said.
This change of attitude is important and with sufficient measures could help put a floor on housing. This may be THE catalyst to extend the recovery in confidence and equity markets, at least cyclically.