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presidential election

Morgan Stanley: "We Struggle To Remember When Bearish Sentiment Was As Widespread As Today"

According to Morgan Stanley's European equity strategist, Graham Secker, we may have just hit peak bearishness. However, does that mean that a rebound in risk sentiment is imminent, or is this just the beginning of a multi-decade mean reversion, one that will seek to unwind years of central bank intervention, and push risk assets to their ex-central bank prop fair values?

We don't the answer just yet, although it seems unlikely that after one humiliating episode in recent months for the ECB, Fed and BOJ, each, they will simply pack up and go.

The Truth About Politics

Submitted by Llewellyn Rockwell via The Mises Institute,

The very first votes of the 2016 presidential election season were cast this week in the Iowa caucuses. This is supposed to fill us with happy thoughts about self-government, civic virtue, rational deliberation, and about politics as the way the people’s will is put into effect.

How Do Today's Republican Candidates Compare To The Very First?

Via AetherCzar,

The 2016 Presidential election features a wide range of Republican contenders. How do they compare to John Charles Fremont, who in 1856 became the very first Republican candidate for President? Adventurer, explorer, military officer, businessman, and U.S. Senator, the current contenders must pool their experience to match Fremont’s remarkable resume.

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