Rand Paul Responds To "Unhinged" McCain
On the heels of yesterday's McCain meltdown exclaiming that Rand Paul "is now working for Vladimir Putin," the Kentucky Senator released a short statement...
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Gold Up 1.8%, Silver Up 2.6% After Dovish Fed Signals Slow Rate Rises
Gold Up 1.8%, Silver Up 2.6% After Dovish Fed Signals Slow Rate Rises
Global Stocks Soar To Record Highs On "Dovish" Fed, Dutch Vote
World stock indexes soared to record highs on Thursday while the dollar traded close to a one-month low after the Federal Reserve hiked U.S. interest rates but signaled no pick-up in the pace of tightening. European and Asian were broadly higher this morning, with S&P tagging along, driven by two main events: the latest "dovish" Fed rate hike, and the Dutch election results, in which Geert Wilders performed worse than some expected, reducing concerns of Eurozone political risk, and broadly seen as a sign of support for Europe's establishment.
S&P Futures, Global Stocks Rise Ahead Of The Fed; Oil Rebounds
It is fitting that just a few hours until the Fed's second rate hike in two quarters, and one day after Goldman downgraded global stocks to Neutral for the next 3 months, not to mention with the results of the anticipated Dutch election due shortly, that global stocks as well as S&P futures are higher, while crude oil has finally managed to stage a rebound as the Dollar DXY index is fractionally in the red.
Saudi King Arrives In Japan: 10 Aircraft, 500 Limos, 500 Tons Of Luggage, 12,000 Hotel Rooms, 2 Golden Escalators
When Saudi King Salman bin Abdulaziz of Saudi Arabia visited Georgetown in September 2015, the Four Seasons hotel did some serious redecorating. As we reported at the time, eyewitnesses at the luxury hotel had seen crates of gilded furniture and accessories being wheeled into the posh hotel over the past several days, culminating in a home-away-from-home fit for the billionaire Saudi monarch, who was in Washington then for his first White House meeting with President Barack Obama.