In The News Today

Posted at 7:57 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

50 years ago our Treasury Secretary John Connally said “it might be our dollar, but it’s your problem”.  Who could have imagined it would be the ruble that ignites the pile of paper dollars?!

EU Reveals Aim of New Russia Sanctions

April 3, 2022

The EU is working on a new package of sanctions on Russia over the crisis in Ukraine, European Commissioner for Economy Paolo Gentiloni said on the sidelines of the Ambrosetti Forum in Italy.

According to Gentiloni, the new measures will not affect Russia’s energy sector. He noted, however, that they are designed to be difficult to bypass.

We are working on additional packages of sanctions, but to clarify, they do not include the energy sector at the moment. First of all, we are trying to limit [Russia’s] ability to circumvent these sanctions,” he said, as cited by ANSA news agency.

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Bill Holter’s Commentary

“Two questions; do you know what an inverted yield curve ALWAYS leads to?  Is the Buffett indicator wrong this time?”

Full Speed Ahead, Starry Skies, Calm Seas, Excellent View, And This Is The Best Ship In The World, This Is… Whoa! What Was That? Captain Smith Of The Titanic.