Recent Posts

Libya forces quash gunmen after attack on state oil company

Bloomberg Libyan security forces overcame gunmen who attacked the state oil company’s headquarters as militias and government-backed forces clashed in the North African country’s capital. “A number of blasts” rocked National Oil Corp. headquarters in Tripoli, and several people were killed and injured, NOC Chairman Mustafa Sanalla told Libya Channel TV after he was evacuated from the building. Some of ...

Read More »

What’s the right way to deal with life in the ‘Crazytown’?

This is indeed ‘Crazytown,’ as a quote from Bob Woodward’s new book describes it, and we are watching a ‘nervous breakdown.’ The problem is that it afflicts the country as a whole, and not just our narcissistic chief executive. President Trump has drawn America with him into ‘the devil’s workshop,’ as Woodward quotes former White House chief of staff Reince ...

Read More »

Bond traders should believe in wage growth

Talk about an unexpected US jobs day for bond traders. Some strategists were priming their audience for disappointment, noting that August jobs data has missed forecasts almost every year over the past two decades. That didn’t happen this time around: Nonfarm payrolls rose 201,000 last month, beating the 190,000 median estimate of analysts surveyed by Bloomberg and crushing the even ...

Read More »
Send this to a friend