Was 2014 the Warmest Year? NOAA Says That was “More Unlikely than Likely”.

January 22nd, 2015
in uncategorized

by Fabius Maximus, FabiusMaximus.com

Summary: To learn if 2014 was the warmest year let’s read the annual reports of NOAA and NASA. They give clear answers (different from the headlines). It might have been the warmest, but if so, only by a insignificant amount. The hysteria of activists about this is absurd. The data shows that the pause continues.

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Stratfor: Russia's Plans For Arctic Supremacy

January 22nd, 2015
in stratfor, russia

from STRATFOR

Although the crisis in Ukraine continues to focus attention on Russia's western border, Moscow is seeking to exploit a more lucrative prize along its vast northern frontage: the Arctic Circle. Melting ice has opened up new transit routes and revealed previously inaccessible oil and mineral deposits. Facing a year of harsh economic constraints, securing exploitable energy reserves remains a top priority for Moscow. The planned militarization of the Arctic is already underway, and funding is secured through 2015 (the Ministry of Defense was the only Kremlin ministry not to be curtailed in the most recent budget.)

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Stratfor: The European Union, Nationalism and the Crisis of Europe

January 20th, 2015
in stratfor

by George Friedman

Last week, I wrote about the crisis of Islamic radicalism and the problem of European nationalism. This week's events give me the opportunity to address the question of European nationalism again, this time from the standpoint of the European Union and the European Central Bank, using a term that only an economist could invent: "quantitative easing."

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Here’s Why Blowout Retail Sales Will Cause Market Blowback Next Month

January 20th, 2015
in aa syndication

by Lee Adler, Wall Street Examiner

Markets top out when the news is good. Good news gives central banks the excuse they need to pull the punchbowl. In that respect, yesterday’s “bad news” on retail sales was bad news for stock market bears.

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A Five-Year Global Financial Forecast: Tsunami Warning

January 19th, 2015
in macroeconomics

by John Mauldin, Thoughts from the Frontline

It is the time of the year for forecasts; but rather than do an annual forecast, which is as much a guessing game as anything else (and I am bad at guessing games), I’m going to do a five-year forecast to take us to the end of the decade, which I think may be useful for longer-term investors.

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