Daily Digest

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Daily Digest 4/15 - Malls See Tsunami Of Store Closures, Is Grassfed Beef A Sustainable Alternative?

Monday, April 15, 2019, 10:46 AM

Economy

Offering shoppers new experiences isn’t helping as malls see tsunami of store closures, falling traffic (thc0655)

As retailers are now starting to talk about pulling back on discounting, this could be one reason why traffic is dropping at malls, he said, in addition to the fact that some purchases are moving online. Another issue is landlords have been hoping that offering shoppers new experiences would make it more exciting to go to the mall, but the early evidence isn’t showing a boost in activity.

Silver versus Debt, Delusions and Devaluation (GE Christenson)

The Fed backpedaled on interest rate hikes and balance sheet reductions. QE, a short-term emergency burst of monetization, now looks like a permanent fixture in the Fed’s bag of tools that devalues the dollar and transfers wealth to the financial and political elite.

Anti-vaxers are winning the war on social media. What's the CDC going to do about it? (Sparky1)

"This anti-vaccine issue has been driven by social media and will continue to be driven by social media," said Dr. Matthew Zahn, another liaison representative to the committee. "I don't see it as a scenario we are going to win anytime soon."

The results have become painfully obvious. As vaccination rates have declined, measles rates have increased.

Advocates hoped census would find diversity in agriculture. It found old white people. (Sparky1)

“We’re not going to suddenly attract 40-year-olds,” said Jeff Tripician, president of Perdue Premium Meat, the parent company of beef, lamb and pork producer Niman Ranch. “We have seen a 30-year decline in almost every single metric. They’re all bad. The number of jobs lost, the average net income down 45 percent since 2013. There’s no news here. It’s an acceleration of bad. What have we done to fix this?”

‘We’ve Really Passed Tipping Point Of Danger’ Says Rev. Andy Bales On The Homeless Crisis (thc0655)

“We’ve left far too many people for far too long on the streets: 41,000 in Los Angeles County alone. The longer you leave people on the streets, the more dangerous to the folks you leave on the streets, but what we don’t realize is the more dangerous it is to everyone else,” Bales said, adding that he has been hoping for a change of heart in Los Angeles about the crisis.

‘High’ Oil Prices Are Already Dampening Demand (Michael S.)

Prices were pushed up by the entry into effect of the latest OPEC+ round of production cuts with Saudi Arabia leading the charge and cutting considerably more than it had agreed to, yet again in a bid to raise prices to levels it feels more comfortable with. However, these are levels that India and China do not feel equally comfortable with.

Removal of fuel in pool at Fukushima’s melted reactor begins (Sparky1)

Workers are remotely operating a crane built underneath a jelly roll-shaped roof cover to raise the fuel from a storage rack in the pool and place it into a protective cask. The whole process occurs underwater to prevent radiation leaks. Each cask will be filled with seven fuel units, then lifted from the pool and lowered to a truck that will transport the cask to a safer cooling pool elsewhere at the plant.

Grass-Fed Beef: Is it Really a Sustainable Alternative? (LesPhelps)

Images like these are also airbrushed with euphemistic language that encourages everyone, from farmer to consumer, to feel great about themselves: farm fresh, hormone-free, ethically treated, antibiotic-free, non-GMO, all natural, organic, small farm, etc. These words, and the emotions attached to them, implicitly suggest environmental sustainability. But is grass-fed beef really more environmentally sustainable? If Forbes is correct and we’re truly living in a “Grassfed Era,” does that mean that we’re pumping the brakes on climate change, deforestation, soil erosion, droughts, and other indices of environmental collapse?

Gold & Silver

Click to read the PM Daily Market Commentary: 4/12/19

Provided daily by the Peak Prosperity Gold & Silver Group

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