The “Internet of Things,” a world with zero privacy where everything is examined, and you’re one of the “things”: factory workers are first, you’re next.
Dallas Fed President Richard Fisher: the Fed is getting more hawkish and interest rates are going up sooner than expected. Markets were in denial until late July. Not going to be pretty.
So what natural gas exactly are these LNG “exporters” going to export? Ha! But their stocks are spiking fabulously. Consensual hallucination.
Investors’ forecasts of rate hikes are well below those by Fed governors. “And it wouldn’t be good” if the gap gets closed “with great rapidity,” frets Fed Governor Lacker.
Economic growth for the powerful engine that is supposed to pull Europe out of its quagmire is expected to drop to zero. The “disaster of 2008” is evoked, and then hastily denied.
Neither a mad scramble into subprime loans nor the highest incentives since crisis-year 2010 could move the iron.
Tech companies are on a white-hot acquisition binge, swallowing anything that isn’t nailed down. But layoffs have started soaring. And it’s going to get worse.
I’m a beer lover, but that beer-induced smile on my face may soon dry up.
Japan, under the regime of Abenomics, has, let’s say, some issues.
It always starts with a toxic mix.
