Archive For: April 2016

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The Cult Of Central Banking Is Dead In The Water

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Chart of the Day- The Real Story Behind The True Magnitude of The New Home Sales Collapse

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Lies, Lies And OMG, More Lies

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Trump's Foreign Policy Speech----The Good, The Bad And The Ugly

Yesterday Donald Trump offered his foreign policy vision. It was the sort of mishmash one might expect, given what he’s said on the stump. He seemed to be starting the traditional march toward the center for November, but he is no Neoconservative and broke with pro-war Republican orthodoxy in important ways.

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Morning After In The Shale Patch----Oilfield Workers Getting Slammed

The slump in crude prices is starting to show up as missed payments by consumers in the oil patch.

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Bad Vibes Emanating From The Global Economy

All is calm. All is still. Share prices are going up. Oil prices are rising. China has stabilised. The eurozone is over the worst. After a panicky start to 2016, investors have decided that things aren’t so bad after all.

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Ritual Weakness Is More About The Ritual Than The Weakness

The worst part of this stilted or stunted economy is that it isn’t nearly good enough to produce widespread prosperity (with very real questions as to whether it produces any prosperity at all). It has become self-reinforcing, however, to the point of circular logic. We (economists) are now so conditioned by the low, unstable growth...

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Chart Of The Day: Constant Dollar New Home Sales Still At 1976 Level

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Inside Q1 GDP-------Worse Than It Looks

With no “unusual” snow or “residual seasonality”, the US economy once again grinds to a halt in Q1 only now with no more reasons to dismiss it. In what has become an annual ritual, GDP barely moves in the quarter immediately following the Christmas holiday. This time, however, it wasn’t just consumers holding back in...

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Nailing The 'False Song Of Globalism'..........Trump Dumps The Neocon Establishment

The reaction to GOP frontrunner Donald Trump’s much-awaited foreign policy speech from the Washington elites was all-too-predictable: they sneered and snickered that he had mispronounced “Tanzania.” The more substantive criticisms weren’t much better: perpetual warmonger Lindsey Graham, whose presidential bid garnered zero percent in the polls, tweeted “Trump’s FP speech not conservative. It’s isolationism surrounded […]

The post The Trump Test appeared first on Antiwar.com Original.

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