A humbling defeat at the hands of a nation a small fraction of your size. A manager briskly fired, hastily replaced on a messy temporary basis by pretty much the only guy anyone could think of at the time. Question marks that linger not just about whether the team is good enough, but whether the players themselves care enough about representing their country. These are difficult days […]
After a US election in which hyper partisan news sites helped propel Donald Trump to the presidency, the future direction and financing of this ardent alternative journalism seems unclear. In recent days, some brands and ad platforms have blacklisted the right-wing Breitbart News for hate speech, while Facebook and Google — facing accusations of enabling misinformation online — have acted to prevent their advertising from appearing on […]
Craig Timberg from Washington Post must be bored this Thanksgiving, spending his time concocting a rich and imaginative tale of fake news websites swaying the billion dollar Clinton campaign from no brainer win to a horrible loss. Here we are, once again, with the faux claims out of Washpo — spreading their own ironic fake news of Russian hacking conspiracies and a furious — and all of a […]
US stock funds continue to pull in investor’s cash after the US election, as Donald Trump’s rhetoric over renewed growth for the economy shows no sign of abating. Just over $5.1bn flowed into US stock funds for the week ending November 23, according to data from EPFR. It was a lighter intake than the previous record-setting week, but still accentuated the rotation out of bond funds and […]
By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks advanced on Friday as the Thanksgiving break in the United States helped slow a relentless surge in the dollar that has sucked capital out of most emerging markets. The respite for Asian assets may be short-lived, however, with U.S. Treasury yields resuming their climb after the holiday as investors bet that President-elect Trump will adopt policies that increase spending […]
The burst of Democratic spending is causing heartburn for operatives working to keep the Senate in Republican hands. “I worry every day, and every day it’s a different state,” said Scott Reed, the senior political strategist for the U.S. Chamber of Commerce. The Chamber has spent $32 million boosting Republican congressional candidates, according to FEC filings. But in October, two weeks before the election, Reed found himself […]
The battle for Thanksgiving online shoppers is well under way, with early data suggesting that it is off to a positive start. Between midnight and 5pm US Eastern Time, online sales increased 13.6 per cent to $1.15bn, compared with 2015, according to Adobe Digital Index, which tracks 80 per cent of online sales of the top 100 retailers. It said this figure meant sales via ecommerce for […]
With raw newsflow in the financial, political, economic and geopolitical realms hurtling ever faster – scrambling toward some yet unknown climax – facilitated by a world that has never been more interconnected, and where the noise to signal ratio (especially over the past few months courtesy of certain… events) has hit unprecedented levels, sometime we get so focused on trying to share our own, unique (we hope) […]
If there are political similarities in the impulses that led the UK to vote for an exit from the EU and the US for Donald Trump, the market reaction to Wednesday’s collection of British tax and spending measures illustrated the economic differences between the two countries. While Trumponomics has fast become shorthand for a promised programme of tax cuts and infrastructure incentives that could rival the actions […]
Billionaire investor Wilbur Ross, known on Wall Street as the “king of bankruptcy” for his record of buying failing companies, will be tapped as Donald Trump’s commerce secretary, putting an advocate of renegotiating US trade pacts in a key economic post. Mr Ross was a close adviser to Mr Trump during his campaign and helped develop the president-elect’s policies for corporate tax cuts, increased infrastructure spending and […]
Authored by Bonner & Partners’ Bill Bonner, annotated by Acting-Man’s Pater Tenebrarum, Permanently Skewed TRUMP HOTEL, New York – Trump’s rambling army – professionals, amateurs, camp followers, and profiteers – is marching south, down the I-95 corridor. There, on the banks of the Potomac, it will fight its next big battle. Lieutenants in Trump’s army: Bannon, Flynn & Sessions Here at the Diary, we do not […]
Saudi Arabia’s 30-year bonds are outperforming other Gulf debt during volatility triggered by Donald Trump’s election as US president, a sign of unsatisfied demand for Saudi debt and a good omen for issuance expected from Riyadh next year. The week to Nov. 16 saw the largest outflows from emerging market debt on record, according to Bank of America Merrill Lynch, partly because Trump’s election fuelled expectations of […]
The relentless rise of the dollar scorched emerging market currencies on Thursday, sending China’s renminbi to its weakest level in eight years, while India’s rupee plumbed a record low. Broad currency weakness against the dollar came as the bond market fully expects policy tightening by the Federal Reserve at its December meeting. Investors are also looking to next year and trying to gauge the extent of further […]
China has become the first country to receive more than 1m patent applications in a single year — a record the World Intellectual Property Organisation said reflected “extraordinary” levels of innovation in the world’s most populous nation. “[The Chinese] are making innovation a central part of their economic strategy,” Francis Gurry, director-general of the UN agency, said at a briefing in Geneva. While sceptics have long argued […]
November 24, 2016 by: Jamie Chisholm, Global Markets Commentator Thursday 08:30 GMT. European equity markets are trading cautiously in the wake of solid US data that bolstered the case for a near-term rate rise from the Federal Reserve and which has triggered another bout of dollar strength. The rampant buck is battering many emerging market currencies and leaves gold down $5 to $1,182.5 an ounce, the metal’s […]
By Shinichi Saoshiro | TOKYO TOKYO Most Asian stock markets fell on Thursday as upbeat economic data strengthened the prospect for higher U.S. interest rates, while the dollar’s bull run continued with U.S. bond yields propelled to multi-year highs. Japanese stocks swam against the tide and rose to a near 11-month high as the yen weakened. Spreadbetters saw a mixed opening for European stocks, forecasting a slightly […]
Submitted by Brandon Smith via Alt-Market.com, As I noted in my last article World Suffers From Trump Shellshock – Here’s What Happens Next, there are two primary consequences of a Trump presidency that actually serve globalists and elites in the long run. The first is the consequence of a perfect scapegoat for the economic crisis which the elites have been gestating since 2008. Trump enters the White […]
So Brexit was not a historical accident after all. The Trump victory seals it. A complacent, mainly urban liberal class, has been undone by a revolt. Nationalists are in charge of Washington and London now. These “strongmen” and “strongwomen” will control borders, restrict the movement of labour and subject cross-border M&A to ever tighter public scrutiny tests. Security will come first. The twin freedoms of capital and […]
With the gardening season upon us again we narrow down the most suitable plants for our climate. newslide 1. Flame tree (Delonix regia) The Delonix regia, or flame tree, should be your go-to if you’re looking to add a splash of colour to your garden. Sprouting fiery red, orange or yellow flowers, the flame tree, native to Madagascar, is typically found in tropical or near-tropical climates. It […]
The ads’ sponsor The Humane Society Legislative Fund formed in 2004 as the lobbying arm of the Humane Society of the United States, a public charity to which donations are tax-deductible. Donations to the Humane Society Legislative Fund, however, are not tax-deductible, as it’s organized as a “social welfare” nonprofit under section 501(c)(4) of the U.S. tax code. Electoral politics cannot be the primary focus of charities […]
WASHINGTON: President-elect Donald Trump said Tuesday he would “love” to clinch a deal to end the intractable conflict between Israel and the Palestinians, despite Israel’s revived plans to build 500 new homes for Jewish settlers in annexed east Jerusalem.“I would love to be the one who made peace with Israel and the Palestinians, that would be such a great achievement,” Trump said in an interview with The […]
The US government bond market suffered a renewed sell-off and the dollar powered to a fresh 13-year high on Wednesday, as stronger economic data bolstered the case for an interest-rate increase and reinforced the view that the multi-decade bond bull market has reached a turning point. The Republican sweep of the White House and Congress, coupled with president-elect Donald Trump’s promise to unleash a $1tn economic stimulus […]
By Lucia Mutikani | WASHINGTON WASHINGTON New orders for U.S. manufactured capital goods rebounded in October, driven by rising demand for machinery and a range of other equipment, the latest indication of an acceleration in economic growth early in the fourth quarter. The brightening economic outlook received a further boost from other data on Wednesday showing a jump in consumer sentiment this month following the election of […]
Mid-morning last Friday, as Tokyo’s foreign-exchange traders were contemplating lunch, the first pictures of Donald Trump meeting the Japanese prime minister, Shinzo Abe, flashed up. The yen bears loved it. Setting aside the gold-encrusted Babylonian decor of Trump Tower and forced bonhomie, conventional market wisdom before November 9 was that an image like this would send global investors everywhere screaming into haven, long yen positions. Forget an […]
