Daily Digest

Image by skyseeker, Flickr Creative Commons

Daily Digest 3/5 - Gang Violence Rattles Sweden, Harvesting The Sun for Power and Produce

Monday, March 5, 2018, 12:07 PM


Hand Grenades and Gang Violence Rattle Sweden’s Middle Class (thc0655)

Part of the reason is that Sweden’s gang violence, long contained within low-income suburbs, has begun to spill out. In large cities, hospitals report armed confrontations in emergency rooms, and school administrators say threats and weapons have become commonplace. Last week two men from Uppsala, both in their 20s, were arrested on charges of throwing grenades at the home of a bank employee who investigates fraud cases. An earlier jolt came with the death of Mr. Zuniga, who on Jan. 7 picked up the grenade, which the police believe had been thrown by members of a local gang targeting a rival gang or police officers.

More Than 30 Trump Aides Lose Top-Secret Clearance, Sources Say (sv)

The revelations come as the White House weathers intense criticism over its handling of sensitive intelligence after former Staff Secretary Rob Porter was permitted to keep his clearance status for months even though the FBI said it had provided the White House a report including allegations of domestic violence from his two ex-wives.

It’s a Good Time to Buy Gold (Tiffany D.)

Wall Street pundits have sounded the all-clear. Investors are piling back into the market, snatching up supposed bargains and pushing indexes back toward record levels.

Now is a great time to rebalance your portfolio. You may find that some fast-moving stocks are now claiming a larger percentage of your wealth than you may have intended.

Tulip mania: the classic story of a Dutch financial bubble is mostly wrong (tmn)

Prices could be high, but mostly they weren’t. Although it’s true that the most expensive tulips of all cost around 5,000 guilders (the price of a well-appointed house), I was able to identify only 37 people who spent more than 300 guilders on bulbs, around the yearly wage of a master craftsman. Many tulips were far cheaper.

The Flu Is Finally, Finally Going Away (tmn)

At an advisory committee hearing on Thursday, infectious disease experts voted to recommend the Food and Drug Administration accept World Health Organization recommendations for the constituents of next year's flu vaccine.

Trump’s Trade Wars Could Spark A Massive Drop In Oil (Michael S.)

The reaction to the announcement so far, both in oil and stocks, has been somewhat muted. Both have dropped over the last two days, but in a relatively orderly fashion. Presumably that is because some people believe that pressure from the President’s economic advisors such as Gary Cohn and fellow Republicans appalled by what they see as policy that is ideologically unsound will force a change of heart. That, however, looks unlikely. Consistency has not exactly been a hallmark of Trump’s political career thus far, but the one area where it has been seen is in protectionism. It was a theme throughout his campaign and has remained one, so hoping for a reversal at this point makes no sense.

Interior Dept. wants to lower royalties that offshore oil, coal companies pay (jdargis)

Currently, offshore oil operations on federal lands require that companies pay 18.75 percent in royalties back to the federal government. If Zinke approves of the recommendation, the new royalty rate would not be applied retroactively, according to The Hill. But any new offshore oil drilling contracts would be able to take advantage of the new rate.

Harvesting the Sun for Power and Produce – Agrophotovoltaics Increases the Land Use Efficiency by over 60 Percent (Uncletommy)

“From the perspective of agricultural science, agrophotovoltaics is a promising solution for increasing both the land use efficiency and the share of renewable energy provided by the agricultural sector,” stresses Prof. Iris Lewandowski, Head of the Department of Biobased Products and Energy Crops, University of Hohenheim. The experts agree that it is important, however, to gather more experience over the next few years and analyze other crops before making final conclusions.

Gold & Silver

Click to read the PM Daily Market Commentary: 3/2/18

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

Login or Register to post comments