While many suspect China invading Taiwan is a foregone conclusion, the latest shake-up in the Chinese Central Military Commission might have shot it down. Find out why… and what it means in Asian geopolitics.
Wall Street made billions in profit by lending too much money to far too many people who couldn’t pay it back. Then, when the chickens came home to roost, the voters took the losses.
The big news Friday was the selection of Kevin Warsh to take charge of the Fed. Associated Press on the story:
Over the past five years, all sorts of commodity prices have spiked…and then crashed. This is a perfectly normal part of investing during inflationary eras.
The US automobile industry, for example, lost 28,000 jobs last year. And tariffs were meant to close the trade gap; but the gap just opened wider than ever.
Poor Donald Trump. His approval ratings keep falling.
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