Schiff: "Real Rates Are Going To Collapse"; Dollar Confidence Crisis

Trump Cryptically References US Intercepted Chinese 'Gift' To Iran President Trump made an interesting and somewhat cryptic China reference in a series of Tuesday morning Iran-related statements, given to CNBC. He stated that US forces recently intercepted a vessel carrying what he described as a "gift" from China to Iran as Tehran seeks to rebuild its military during a ceasefire. via Flickr The ship had "a gift from China" which "wasn’t very nice," Trump told CNBC. "I was a little surprised," he said, adding that he believed he had an "understanding" with Chinese...

US Industrial Production Rises For 4th Straight Month In February After a strong gain in January, US Industrial Production continued to expand in February, rising 0.2% MoM (better than expected +0.1%) - the fourth straight month of gains with Production up 1.44% YoY... Source: Bloomberg Manufacturing output also beat expectations, rising 0.2% MoM in February. Durable manufacturing output edged up 0.1 percent, with mixed results across categories; the index for motor vehicles and parts posted the largest gain, and the index for machinery posted the largest loss. Nondurable manufacturing output rose 0.2 percent, with...