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Tuesday, August 16, 2022

What’s Next For Washington: $2.5 Trillion In Spending, Higher Taxes And More

By Michael Zezas, Chief US Public Policy & Municipal Strategist at Morgan StanleyFull disclosure: This is NOT another tea leaf reading on exactly how and when Congress will manage to raise the debt ceiling, keep the government open, and pass a multitrillion-dollar package of spending offset by tax hikes. To be clear, we continue to…

What’s Next For Oil After The New OPEC+ Deal

Authored by David Messler via OilPrice.com,The recent OPEC+ meeting ended with an agreement that would gradually increase the cartel’s monthly production until in late 2022 all of the 9.7 mm BOPD that had originally been withheld from the market, was restored. There was already an agreement in place through December of 2021, but the Kingdom of Saudi…

JPM On What’s Behind The Market Selloff

With stocks sliding for the second day in a row, and decisively ending a streak that saw the S&P hit record highs on 13 of the past 16 trading days, traders are stumped trying to figure out what's behind the market's weakness.Addressing this topic, JPM senior trader Brian Heavey had some observations, which however won't…

Krayden: What’s At Stake On Tuesday

Authored by David Krayden via HumanEvents.com, If you’re in the unfortunate habit of watching the mainstream media, you might be forgiven for being unaware that there is a presidential election next Tuesday. You see, the network newscasts and most of the cable news stations have been treating Democratic presidential nominee Joe Biden’s daily activities as…

What’s Happened To Bitcoin Since Its Whitepaper Appeared 12 Years Ago?

Authored by Robert Stevens via Decrypt.io, In brief On October 31, 2008, Satoshi Nakamoto published the Bitcoin whitepaper. Since then, Bitcoin's journey has taken in highs and lows, from the Mt. Gox hack to an all-time high price of $20,000. In 2020, it's seen renewed growth in the face of the coronavirus pandemic, as institutional…

What’s Behind The WHO’s Lockdown Mixed-Messaging

Authored by Stacey Rudin via The American Institute for Economic Research, Last week, in a major departure from months of pro-lockdown messaging, Britain’s envoy to the WHO Dr. David Nabarro called for world leaders to stop locking down their countries and economies as a “primary method” of controlling COVID19. “I want to say it again: we in…

What’s The Difference Between ‘Villain’ Assange & ‘Intrepid’ Woodward?

Authored by Lee Camp via Counterpunch.org, The completely fair super awesome trial of Julian Assange continues in the U.K. as I write this. It’s a beautiful blend of the works of Kafka, Stalin and Joseph Heller. Seeing as Julian is kept in a glass container in the courtroom, like a captured cockroach, maybe Kafka wins…

What’s With The Rich-Kid Revolutionaries?

Authored by Zachary Yost via The Mises Institute, By now, readers are no doubt familiar with the sight of angry mobs smashing windows, looting stores, and harassing pedestrians and street diners around the country, supposedly in the name of advocating for the rights of black Americans. Around the country, these mobs are diverse and have…

What’s At Risk: An 18-Month View Of A Post-COVID World

As the world continues to grapple with the effects of COVID-19, no part of society seems to be left unscathed. Fears are surmounting around the economy’s health, and dramatic changes in life as we know it are also underway. In today’s graphic, Visual Capitalist's Iman Ghosh uses data from a World Economic Forum survey of 347 risk…

Is This What’s Behind Italy’s Outrageous 10% Mortality Rate From COVID-19?

Italy's 10% mortality rate has been one of the most disturbing mysteries of the global pandemic. Italy's mortality rate is roughly 20x Germany's (a relatively benign 0.4%), and many multiples of China's (roughly 2.5%) rate. As scientists puzzle over the reason, researchers have proposed a theory that's being vetted by peers: Italy's mild flu season…

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