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But for financial companies like insurers, pension funds, and money market funds, today’s world is not just unprecedented, it’s existentially threatening.
Global economic growth is accelerating sharply after months in the doldrums, confounding predictions of a worldwide recession following Britain’s Brexit vote.
The monthly ‘nowcast’ gauge of global activity assembled by Fulcrum Asset Management has picked up momentum dramatically over recent weeks, signalling robust world growth of 4pc growth over the second half of the year – even if there is a hiccup in the UK. Fulcrum said there are glimmers of hope that the world economy is at last reaching “escape velocity” after being trapped in deflationary malaise for much of the last seven years, coping with excess debt and slowly nursing banks back to health. By contrast, whether the business empire Trump claims to have built is all it’s cracked-up to be (by him) or not, there is a secret sauce to it that the mainstream liberal media fails to grasp. Export orders are not as strong as domestic orders but they are respectable, at 52.5 which is safely above breakeven 50 to indicate monthly growth. Billionaire Warren Buffett tore into Republican presidential candidate Donald Trump at a campaign rally for Hillary Clinton on Monday, criticizing Trump’s war of words with the family of a Muslim American soldier who was killed in action.
In introducing Clinton in his hometown of Omaha, Nebraska, Buffett took exception to Trump’s claim that he, like the family of Army Capt.


Many a-list celebs have tones of fame but their fortunes are small potatoes compared to these folks, the billionaires.
The story of millionaire Simon Cowell, who dropped out of school at 15, worked for Sony BMG and EMI Music. Our roundtable guests talk about their roles as agents and being acknowledged by their clients.
The world knows Valeria Lukyanova as the girl who turned herself into a real-life Barbie doll.
Essentially, the Beltway’s statist practitioners of the great bipartisan economic policy consensus are advocates of CINO (capitalism in name only).
Taking into account that the US is responsible for the violence in Afghanistan, Iraq, and Syria that has resulted in torture and detention, if we include these victims in the American total, then the US is the Number One torturer of children. The reading here echoes even stronger export results the manufacturing PMI which was released earlier this morning. Interest rates in major countries will either remain extremely low or fall further from here.


As it is unlikely that Israel could get away with abuse of Palestinian children without Washington’s support, we can add Israel’s abuses to Washington’s total.
The important news is the new orders index which remains extremely solid, at 56.9 and pointing to future strength for employment as well perhaps as slowing for future deliveries (slowing in deliveries is an indication of strength in demand, of congestion in the supply chain). NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, COMMODITIES, OPTIONS, BONDS, OR FUTURES. With $11 trillion of government bonds already trading with negative yields, that’s an historically unprecedented prospect.
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