North America

If you want our take - and let’s face it, you must because that’s why you’re here - we wouldn’t put too much faith in today’s announced Syrian “ceasefire” agreement.

Although the deal calls for the cessation of hostilities as of Saturday at midnight, you shouldn’t expect the Russians and the Iranians to halt their advance on Aleppo and likewise, you shouldn’t expect Turkey to stop shelling the Azaz corridor in a largely transparent effort to keep the supply lines to the rebels open.

One can devise all sorts of complex explanations why global stocks and US futures are on fire this morning, or one can just assume that alos are doing what they do best: fading Dennis Gartman.

From his latest note:

IF VOLUME IS SUPPOSED TO FOLLOW THE TREND…: If volume us supposed to follow the trend then the stock market is in very, very bad trouble indeed, for the volume is strong as the market weakens and its weak as the market weakens and its strong as the market rises.

 

Submitted by Claire Bernish via TheAntiMedia.org,

Canada’s Cape Breton Island has become the unofficial escape option for their neighbors to the south should Donald Trump manage to be elected the next president of the United States. A website promoting the plan greets visitors with the following:

“Hi Americans! Donald Trump may become the President of your country! If that happens, and you decide to get the hell out of there, might I suggest moving to Cape Breton Island!”

There are 60 major stock exchanges throughout the world, and their range of sizes is quite surprising.

As Visual Capitalist's Jeff Desjardin notes, at the high end of the spectrum is the mighty NYSE, representing $18.5 trillion in market capitalization, or about 27% of the total market for global equities.

Submitted by Michael Snyder via The Economic Collapse blog,

After a series of stunning declines through the month of January and the first half of February, global financial markets seem to have found a patch of relative stability at least for the moment.  But that does not mean that the crisis is over.