US equity futures continued their push higher into record territory overnight (ES +0.1%), and the VIX is 1.5% lower and back under 10, after yesterday's blistering surge in US stocks which jumped 1%, the most since Sept. 11, following Powell's deregulation promise, ahead of today's 2nd estimate of U.S. Q3 GDP which is expected to be revised up. U.S.
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Authored by David Stockman via Contra Corner blog,
After the Berlin Wall fell in November 1989 and the death of the Soviet Union was confirmed two years later when Boris Yeltsin courageously stood down the red army tanks in front of Moscow's White House, a dark era in human history came to an end.
Anti-slavery protests continued across various world capitals this week, especially in countries across Africa, after earlier protests in France got violent when police used tear gas and other riot control tactics on a crowed of more than one thousand outside of the Libyan embassy in Paris. The protests are in response to last week's widespread reports of slave markets operating in various cities across Libya, and look to continue as according to Reuters a major rally is set to take place in London later this week.
Authored by Finian Cunningham via The Strategic Culture Foundation,
France’s invitation to beleaguered Lebanese premier Saad Hariri for him and his family to spend “a few days in Paris” has been viewed as French President Emmanuel Macron stepping in with deft soft power to resolve tensions between Saudi Arabia and Lebanon.
How Europe and France’s stock markets perform can have a huge influence on stocks in the states. The first two charts below look at the FTSE 100 from London and the CAC 40 from France.
CLICK ON CHART TO ENLARGE