Articles by admin

Kiwi fumbles following negative rate comments from RBNZ’s McDermott. Morgan Stanley hedges their long call with medium-term short warnings. The NZD/USD tumbled into the 0.6900 handle today following dovish statements from the Reserve Bank of New Zealand’s (RBNZ) McDermott. The Kiwi dumped from 0.6944 to below the 0.6900 level following comments…

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There is a running joke that while the US is the world’s biggest maker and exporter of weapons, no other country uses military equipment and weapons as much as Israel. And, when it comes to state-of-the-art fighter jets, this is now officially the case: an Israeli military official said Israel…

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Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, As a general rule, when Dick Cheney favors a foreign policy position it’s best to be on the opposite side if you value liberty over war and authoritarianism. The former vice president’s enthusiastic endorsement of not only…

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Authored by Mike Maharrey via The Mises Institute, A recent announcement by a local transit authority in Virginia sheds light on how the Department of Homeland Security (DHS) and the Transportation Security Administration (TSA) are building a massive, intrusive surveillance network built on America’s transportation system. The Greater Richmond Transit…

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Authored by Mike Shedlock via MishTalk, I previously called millennials the “screwed” generation. A more polite Fed study uses the term “lost generation“. A Fed study on the Demographics of Wealth explains How Education, Race, Birth Year Shaped Financial Outcomes. The study covers the long last-lasting wealth impacts of the Great Recession…

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Another Turkish Lira flash crash   A busy start to the session dealing with yet another mini TRY flash crash as the bad Lira news continues to compound. Otherwise, global Forex and fixed income markets remain in neutral  overnight and predictably focused on the upcoming FOMC minutes The Turkish Lira meltdown….

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The Bulls Continue To Rule on The EURTRY Euro Fx/Turkish New Lira FX:EURTRY Sublime_Trading Last post: May 20th. See chart. Review: A breakout was required to suggest a trend continuation. Update: A breakout followed was confirmed and further bullish moves have taken place. Conclusion: A move towards 6.0000 with further…

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