DOES SPANKING VIOLATE THE NON-AGGRESSION PRINCIPLE?

European economists regard Spain’s former central bank governor Pablo Hernández de Cos and his Dutch counterpart Klaas Knot as top picks to become the next ECB president.

What If The Automatic Stock Buying Just...Stops?  Submitted by QTR's Fringe Finance My readers know that for the last couple of years I’ve repeatedly warned about the “passive bid” in markets. By that I mean the constant, automatic buying of stocks driven by retirement plans, ETFs, and other systematic investment programs. This bid isn’t discretionary. It doesn’t ask whether valuations are reasonable and it doesn’t care whether earnings justify prices. It simply asks one question: did money flow in? If the answer is yes, it buys. It buys regardless of valuation, regardless of...

White House Ready To Offer Iran "Token" Nuclear Enrichment Instead Of All-Out War When it comes to the potential of achieving a lasting US-Iran deal centered on the country's nuclear program, headlines have been changing rapidly, on a daily basis - as the specter of another US-led regime change war in the Middle East looms. Axios is reporting that the latest big diplomatic option the Trump White House is mulling is a proposal that allows Iran "token" nuclear enrichment - but with no path to a bomb, according to unnamed US officials. via Iranian state...