From Civilian To Military Economy: This Is What A Declining Empire's Economy Looks Like

Pimco Sees A 6% 10-Year... Here's Why "Bad Inflation" Caps Yields Authored by Lance Roberts via RealInvestmentAdvice.com, Will interest rates go up to 6%? That's the question on many investors' minds since Pimco's chief investment officer, Dan Ivascyn, told the Financial Times last Friday that a 6% 10-year Treasury yield is "certainly possible." This week's hotter-than-expected September CPI report only added fuel to that argument. I get it. The 10-year closed at 5.31% on October 5, the highest close since May 2002. It started the year at 4.18%. However, look at what...

Rubio Calls Out China's "Coercive Behavior" In West Sea As Japan, South Korea Sign Arctic Pact Secretary of State Marco Rubio raised concerns about China's efforts to assert control over the South China Sea, its "coercive behavior" in the East China Sea and Yellow Sea, and Russia-China cooperation that undermines peace and stability in the Indo-Pacific region, according to a State Department readout released Friday.The meeting took place on the sidelines of the G20 in Atlanta on Friday, where Rubio and his counterparts discussed strengthening security and economic cooperation across...

Trump Admin Announces $850MM To Modernize US Coal Capacity, Build 2 New Plants By Robert Walton of UtilityDive The Trump administration approved 76 coal-related permits in more than a year of efforts to revive the flagging fuel and execute an agenda of “energy dominance.” His latest attempt includes tapping Defense Production Act funding to expand the industry. “Last year we prevented 17 GW of coal-powered electricity from going offline. That’s enough power for about 13 million homes, and at a very low price. It’s the lowest price,” Trump said of coal resources. But...