Iran FM Says No Talks With US After Trump Threatens To 'Just Keep Bombing' If Efforts Fail, Wants Hormuz To Be 'Jointly Controlled'

The Market's Biggest Buyer May Be Disappearing Submitted by QTR's Fringe Finance Yesterday, as part of laying out the two paths I can see the economy taking, I wrote that beneath the surface, the American consumer is tapped out. The average consumer - AKA the "retail investor" - has been a key in driving the stock market higher the past half decade. This morning, I noticed two reports that came out yesterday that add to the conclusion that this "retail investor" looks increasingly broke.  Yesterday The Wall Street Journal highlighted how rising prices and the highest...

Canada Was A Liberal Paradise... Until The Liberals Took Over Authored by Mark Jeftovic via BombThrower.com, There was a version of this country that worked. This was a country that used to punch above its weight across all key metrics and in a large part, did so espousing classical liberal values. Multiculturalism here was both uncontroversial and functional. People came from everywhere, integrated, and got on with building lives, businesses and contributing to that overall ethos Canadian culture. Minority rights and gender equality stopped being fights and became defaults. Ontario, the most populous province, ran...

Iran says that the US must meet seven conditions based on the Memorandum of Understanding (MOU) signed in June before it will allow the Strait of Hormuz to reopen.  “The position of the Islamic Republic of Iran is completely clear and firm, and ​the Strait of Hormuz will not be opened until our seven conditions, […]