President Trump and First Lady Melania welcome Prime Minister Morrison and his wife Jennifer Morrison to a White House reception prior to the state dinner in the White House Rose Garden. Reception start time 7:00pm…
Australia State Visit: President Trump and Prime Minister Morrison Oval Office Bilateral Meeting – Video and Transcript…
The New York Fed Has Provided $78 Billion to Reduce the U.S. Budget Deficit in Just the Past Two Years…
According to KPMG’s 2017 and 2018 audit of the Federal Reserve Bank of New York (New York Fed), which is just one of the 12 regional banks of the Federal Reserve System, it has provided more than half of all monies flowing to the U.S. Treasury from regional Fed banks since President Donald Trump took […]
Nails It – Economic Analyst El-Erian: The Era of “De-Globalization” is Here…
Finally an economic analyst gets prime-time media pundits to listen as he describes the fundamental difference between the U.S. “Economy” (Main Street) and the U.S. “Markets” (Wall Street). Charles Payne understands most of this, but El-Erian has it nailed. Allianz Group chief economic advisor, Mohamed El-Erian, accurately describes what is happening in an era where […]
Economic Gaslighting: The Corporate Media Screeching Recession – the Battle Behind Wall Street-v-Main Street…
A “negative yield curve“; a pending “economic recession“. These are the obtuse and ridiculous proclamations of the Mainstream Corporate Media today. So let’s take a moment to discuss how stunningly -intentionally- disconnected they are. Always remember, there are trillions of dollars at stake; and these media entities have a vested interest in maintaining the Wall […]
Stocks Rally as U.S. Delays Tariffs on Key Chinese Imports…
U.S. stocks, especially shares of tech companies, and bond yields rallied Tuesday after the White House said tariffs on key Chinese imports would be delayed. Early in the day’s session, equities turned positive on a report that China’s commerce secretary agreed to conduct a phone call in two weeks with U.S. Trade Representative (USTR) Robert […]
President Trump Announces U.S.-EU Trade Deal: Duty-Free American Beef Exports (Video and Transcript)…
Earlier today President Trump and U.S. Trade Representative Robert Lighthizer announced a new U.S. trade deal with Europe for the duty-free export of U.S. beef. Joining President Trump and U.S.T.R. Lighthizer is Stavros Lambrinidis, the EU ambassador to the US, and Jani Raappana, deputy head of mission for the Finnish presidency of the Council of […]
Trump and Congressional Leaders Reach Sweeping Budget Agreement…
White House and congressional leaders on Monday clinched a sweeping fiscal deal to lift the nation’s debt limit and dramatically raise federal spending levels. The agreement, negotiated by Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin, is expected to clear both chambers before the August recess — alleviating pressure ahead of a slew of high-stakes […]
IMF Outlines “Global” Danger from Trade War with President Trump…
An article from Reuters discussing the position of the International Monetary Fund (IMF) is interesting. Essentially the IMF is warning that “global economies” will contract by $455 billion next year due to the ongoing trade conflict between the U.S., China, the EU and to a lesser extent, Japan. Yes Alice, there are hundreds of billions […]
U.S. Has ‘very serious concerns’ that Facebook’s Cryptocurrency Libra Could Be Misused by Terrorists…
Treasury Secretary Steven Mnuchin has concerns about Facebook’s proposed cryptocurrency and its potential illicit use. In a press conference Monday, Mnuchin said Facebook’s planned digital currency “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.” “Cryptocurrencies such as bitcoin have been exploited to support billions of dollars […]
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