Europe

Submitted by Mac Slavo via SHTFPlan.com,

A now-ancient Henry Kissinger is still the de facto manager of the Anglo-establishment wing of the new world order. And he still holds tremendous power and influence over world affairs.

And in true fashion, the realpolitik mastermind is prepared to embrace any president, just made remarks urging people not to prejudge Donald Trump – because his administration could create some useful policy.

It seems that President-elect Trump could become a good disciple after all.

Glenn Greenwald notes that – in the face of Trump and Brexit (which were primarily caused by economic policies which have created massive inequality) – the Democratic National committee is trying to blame everybody and everything but their own status quo policies and candidates which rig the system for the fatcats and hurt the little guy:

One week after Fitch downgraded Italian banks to a negative outlook due to soaring bad debt, and risks resulting from the failed referendum, moments ago Moody's did the same, when it announced it was changing its outlook on the Italian banking sector to negative from stable due to increasing capital needs and weakening confidence.

• Trump Picks Exxon Chief for State Amid Concerns (Reuters)
• Buoyant Markets Pose New Challenge for the Fed (WSJ)
• Tweeter-in-Chief Trump Faces Test After Yellen’s Rate Decision (BBG)
• Trump Dissing Daily Intelligence Briefing Worsens Rift With CIA (BBG)
• SWIFT confirms new cyber thefts, hacking tactics (Reuters)
• UniCredit share issue lifts banks before Fed meeting (Reuters)
• Senate Republican leader backs investigation into Russian hacking (Reuters)

Yesterday's brief hiccup in what has been an otherwise relentless rally in global risk assets is all but forgotten this morning, as European and Asian stocks, and US equity futures, all rise in quiet trading ahead of tomorrow's FOMC meeting, with the Dow set to make a 16th consecutive post-election all time high.