10.07.2016

Obama champions nuclear proliferation

Associated Press:
He has championed diplomacy on climate change, nuclear proliferation and has torn down walls to Cuba and Myanmar, but failed repeatedly to broker a lasting pause to more than six years of slaughter in Syria.
Well, he has certainly helped Iran's nuke program along with those pallets of cash and the lifting of sanctions!

QE has permanently ruined bonds for investors

You used to earn an interest rate roughly inline with nominal GDP growth, even slightly better. Since the Fed started manipulating interest...