US May Lift Some Oil Sanctions on Iran as Oil Price Climbs

Japan Breaks The 'Debt Causes Inflation' Narrative Authored by Michael Lebowitz via RealInvestmentAdvice.com, A dollar today buys nearly twice as many Japanese yen as it did fifteen years ago. Crude oil, in yen terms, is up roughly 70% year to date. Food prices are similarly elevated. Japan imports most of the energy and much of the food it consumes, paying for it in dollars that keep getting more expensive. Those facts alone should lead us to conclude Japan has an inflation problem. As if those factors weren't enough, add their debt overhang,...

Traders Stunned By Momentum Meltdown As Earnings Quality Problem Simmers Under The Surface Authored by Lance Roberts via RealInvestmentAdvice.com, 📈Technical Backdrop – Coiling Below The Record Here is where the quiet-index story gets interesting for traders. The S&P 500 closed the week at 7,457.69, and that put it right on top of its 50-day moving average near 7,464. Call it dead flat against the line. The index still sits about 6.8% above its rising 200-day average near 6,985, so the primary uptrend remains fully intact, and it is roughly 2% below the June...

On The War For The Soul Of Our Nation... Authored by James Howard Kusntler, Werewolves Of London “To use language to obscure reality is to show ‘indifference regarding the truth’ - to lie to the public and cease to treat our fellow citizens as equals.”  - Justice Clarence Thomas Now that the grand 250th USA birthday party is over - the speeches, the shrieking warplanes, the dazzling fireworks, the speeches and strawberry shortcake - there is only one way this thing can go. What thing? The war for the soul of the nation. Some mysterious somebody...