1. We start the week with news that European Union countries are close to agreeing on a watered-down version of new capital rules for banks after the industry warned that a strict approach would risk choking off the supply of credit to the bloc’s economies. The most recent draft proposal for implementing Basel III includes…
1. On Monday stocks fell at the start of a busy week for earnings, with investors awaiting Wednesday’s Federal Reserve decision for clues on whether officials will dial back the pace of rate increases as early as December. Morgan Stanley’s Michael Wilson says the end of Fed tightening may be nearing suggesting the Fed pivot…
World diplomacy is, at present, on rather shaky ground.
Throughout history, whenever major economies are approaching a state of crisis, heads of state typically become chronically irritable.
Left-wing activists have recently been increasingly active in seeking to limit opposing thought in order to create a more ubiquitous “groupthink.” One effort in accomplishing this has been to propose the creation of a “Human Rights Committee” in order to monitor the economic transactions of “white supremacist groups and anti-Islam activists.”
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