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BofA "Is So Bullish, It's Bearish": Expects "10% Or Greater Correction" For 2018

Just two weeks ago, Bank of America's Chief Investment Strategist Michael Hartnett came out with what was more or less the most apocalyptic big bank forecast for the coming year. In it, he predicted that the market would not only peak in the first half of 2018, and that there would be a flash crash "a la 1987/1994/1998" in just a few months.

Europe's New 'Values' - Austerity, Bloodletting, And Incompetence

Authored by Raul Ilargi Meijer via The Automatic Earth blog,

Punxsutawney Phil Hammond, the UK chancellor, presented his Budget yesterday and declared five more years of austerity for Britain. As was to be expected. One doesn’t even have to go into the details of the Budget to understand that it is a dead end street for both the country and for Theresa May’s Tory party.

Syria Summit Kicks Off In Russia With Some Anti-Saudi Trolling

Syria Summit Kicks Off In Russia With Some Anti-Saudi Trolling

While in Sochi, Russia for trilateral talks between Russia, Iran, and Turkey over the future of Syria, Iranian Foreign Minister Javad Zarif has taken to Twitter for some serious trolling. As the first day of the summit concluded - a day preceded by a rare 4-hour visit to Russia by Syrian President Bashar Assad who met with Putin on Monday - Zarif stated, "No need for empty words or gimmicks - including glowing orbs - when you're actually working for peace and against terror."

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