Monday, July 3, 2017

Monday news

Gold looks like it's going to hit $1200 before it hits $1300, to the dismay of amateur bloggers everywhere.

Elsewhere in the news:

New Deal Demoncrat - weekly indicators. Nothing interesting happening.

Tim Taylor - from what direction is the next recession coming? Either from the Fed purposefully fucking the economy, or from yet another credit bust.

FT Alphaville - remember to thank China for preventing a global recession in 2016. Inventories are the standard cycle indicator, and it looks like Chinese inventories are now the be-all and end-all of the world economy.

Business Insider - demonizing progressive liberals has gone to a new level. There's now an American wrestler working as "The Progressive Liberal". His finishing move is called "The Liberal Agenda". And once again rasslin' proves itself the prism thru which we can view American mass society.

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