The U.S. Fourth Quarter GDP growth was reported two days ago at 2.6% and that stunned everyone who were expecting a much higher number. All U.S. economic indicators including U.S. Holiday consumer spending, which accounts for around two-thirds of total GDP, were off the charts in the fourth quarter growing +5.5% over the prior holiday. […]
The Mnuchin Massacre: Precious Metals Surge Amid Dollar’s Worst Start in 30 Years…
The Dollar was smashed with the ugly-stick today as Mnuchin’s comments sparked chaos in FX markets… and as precious metals surged and bond yields jumped… and stocks actually sank (briefly)… we were reminded by the mainstream media that a falling dollar is great for ‘Murica so buy the dip in stocks with all your money […]
China Weighs Slowing or Halting Purchases of U.S. Treasuries…
China added to bond investors’ jitters on Wednesday as traders braced for what they feared could be the end of a three-decade bull market. Senior government officials in Beijing reviewing the nation’s foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries, according to people familiar with the matter. The news comes as global […]
New Trump Executive Order Targets Clinton-Linked Individuals, Lobbyists and Perhaps Uranium One…
The Trump Administration quietly issued an Executive Order (EO) last Thursday which allows for the freezing of US-housed assets belonging to foreign individuals or entities deemed “serious human rights abusers,” along with government officials and executives of foreign corporations (current or former) found to have engaged in corruption – which includes the misappropriation of state […]
U.S. Sanctions Top Burmese General, 51 Others for Human Rights Abuses…
American Bank Freezes $22B Owned by Kazakhstan…
Issuance of Global Magnitsky Executive Order; Global Magnitsky Designations…
United States Sanctions Human Rights Abusers and Corrupt Actors Across the Globe…
U.S. Treasury Slaps Sanctions on Iran’s Revolutionary Guard Corps…
U.S. Threatens to ‘Cut China Off’ from Dollar If It Does Not Uphold Sanctions Against N. Korea…
The US could impose economic sanctions on China if it does not implement the new sanctions regime against North Korea, the US Treasury Secretary has warned. Steven Mnuchin said the restrictions could involve cutting off Beijing’s access to the US financial system. “North Korea economic warfare works,” Mnuchin said Tuesday…