A Surveilled Country Is Not A Free Country

Bad Inflation Cures Itself. Good Inflation Doesn't Authored by Lance Roberts via RealInvestmentAdvice.com, Key Takeaways Inflation driven by supply shocks is "bad" inflation, and bad inflation is self-liquidating because rising income doesn't support it. September headline CPI ran 3.7% while core sat at 2.6%. The gap is gasoline, up 34.2% over the year and now more than half of the monthly increase. Real wages have turned negative, and labor's share of output just set its lowest reading since the series began in 1947. The 10-year breakeven sits near 2.3%. The market that gets paid to...

Kremlin Welcomes Trump Call For Ukraine To Halt Attacks On Diesel Infrastructure, Praises 'Flexibility'  The Kremlin has welcomed President Trump's weekend call for Ukraine to stop attacking Russian diesel supply and infrastructure sites. The somewhat surprise remarks which will only serve to further pressure the Zelensky government came when pressed by a reporter on Sunday. Trump responded by saying Zelensky "has to do one thing. He has to stop knocking out diesel fuel in Russia." The US president said at the sidelines of the Irish Open on Sunday, "There are plenty of...