“Was it General Eisenhower who saw more clearly than any of us?”
Read more: https://bonnerandpartners.com/trumps-not-like-ike/
“The flattening curve pointed to a deep pessimism among bond investors who see the economy fading away its short-term boost from fiscal stimulus and tax cuts.”
“An inverted yield curve has been a great tool to predict U.S. recessions, with the yield spread between three-month bills and 10-year notes falling below zero before each of the past seven slowdowns. But it doesn’t usually happen immediately. That means a recession could come in late 2019, in 2020, or even later. That probably doesn’t come as a surprise to most investors after one of the longest economic expansions in history.”
Read more: https://www.bloomberg.com/view/articles/2018-06-13/fed-decision-an-inverted-yield-curve-is-imminent
“Beinner highlights the increase of global debt, now upwards of $237 trillion and the way the debt has been dispersed as risks to the economy. Rather than banks holding most of the debt as it happened in the financial crisis, this time it’s hedge funds, private equity and investment managers holding most of it. Also worrisome, he says, ratings agencies are again being overly generous with their appraisals allowing for companies with very high debt levels to gain investment-grade ratings.”
Read more: https://finance.yahoo.com/news/fund-managers-say-see-next-economic-crash-looming-144251620.html
“It’s truly astonishing that someone so dangerous and out of touch has been able to rise to power. And even more astonishing how quickly it’s happened.”
“The system includes mandatory facial-recognition scans at gas stations and Wi-Fi sniffers that secretly collect data from network devices. Over the past two years, the technology has helped authorities round up an estimated hundreds of thousands of Uighurs and other Muslims and lock them up in clandestine camps that China calls ‘re-education centers.'”
“A large group of Internet pioneers have sent an open letter to the European Union urging it to scrap a proposal to introduce automated upload filters, arguing that it could damage the internet as we know it.”
Read more: https://www.theregister.co.uk/2018/06/12/eu_copyright_filter/
“The proposal, led by venture capitalist Tim Draper, would split the country’s most populous state into three new states of near-equal population: Northern California, California and Southern California, according to the proposal.”
Read more: https://abcnews.go.com/US/proposal-split-california-states-makes-november-ballot/story?id=55855441
“U.S. marijuana companies are not allowed to list on the Nasdaq or the New York Stock Exchange due to federal restrictions, leaving a nascent yet booming market to be traded in Canada.”
“Tryptamines, DMT and magic mushrooms, amphetamines, including MDMA, and ergolines, like LSD consistently boosted brain connections.”
