Independent thinking for complex markets and current events
FIRST ON FOX: House lawmakers are urging the Biden administration to do more to push back against countries, including China, who fail to take back their illegal immigrants amid an influx of nationals across the southern border. The 14 Republican lawmakers, led by Rep. Chip Roy, R-Texas, are raising concerns about the record number of …
by j_stars The Japanese yen is poised to break out against other major currencies, as bond yields in Japan are set to surge. This could reduce the financing of US markets by Japanese investors, and put downward pressure on the dollar. Fed Repo Facility Sinks Below $1 Trillion as Bills Stand Out (Bloomberg) — The …
by Chris Black Sweden can’t control Kurdish gangsters. They now have the highest homicide rate in Europe. How is that? The Swedish police can stifle political dissent, big and small, quite effectively. But they claim they don’t have the ability to stop Mexican style cartel bombings and shootouts in city centers, much less firearms trafficking …