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Monthly Archives: September 2020

What the Trade Balance Means for a Currency’s Purchasing Power – Frank Shostak (09/17/2020)

In July this year the US trade balance stood at a deficit of $63.6 billion against a deficit of $51 billion in July last...

Banning apps like TikTok and WeChat is a good way to ensure a country...

Huatong Sun, University of Washington The Trump administration’s decision to force the sale of TikTok to a U.S. buyer is, to many, the latest sign...

“He’s Describing a Massacre”: Trump Touts Herd Immunity Approach to Covid That Experts Warn...

Insisting during a town hall Tuesday night that Covid-19 will simply disappear on its own—echoing a baseless claim he also made in February, March,...

Stock Market Money Flow Indicators Now Doing Something They Have Never Done Before –...

We saw the stock market averages such as the S&P 500 and Nasdaq fall to their 50-day moving averages last week. That set up...

This Is How It Ends: All That Is Solid Melts Into Air – Charles...

While the Federal Reserve and the Billionaire Class push the stock market to new highs to promote a false facade of prosperity, everyday life...

Citibank’s $900 Million Mistake and the Finality of Payments – J.P. Koning (09/16/2020)

Last month, Citibank transferred $900 million to a number of its customers. But Citibank messed up. It was only supposed to send $9 million,...