Originally posted at Themis Trading,

Sometimes it’s nice to get a sanity check and hear other investors and market professionals views on how the stock market has changed over the past few years.  We hear more and more from various market participants that the market seems to be one big correlated beast that doesn’t trade on supply and demand anymore.  We have opined on this topic many times in the past,  so today we would like to let you read what three other very well respected professionals recently had to say on the topic:

A BBC crew have been expelled from North Korea over their “distorted” reporting and speaking “ill of the system.” The BBC said that correspondent Rupert Wingfield-Hayes, his producer and cameraman were held in detention over the weekend but were allowed to leave the country this morning.

On the heels of downward price momentum from positive headlines out of Alberta with regard the wildfires, Genscape has just reported a forecast 1.4 million barrel build at Cushing - significantly above expectations and recent activity. This has pushed WTI crude further below the pre-Saudi oil minister levels and back to a $43 handle...

Cooler weather on Monday will help in firefighters  battle to get the Alberta wildfire under control. The fire, which has destroyed about 620 square miles and has been nicknamed "The Beast", has been burning since May 1 and now has more than 100 water-dropping helicopters flying over it. After expecting the fire to double in size over the weekend, light rains and cooler temperatures helped prevent that from happening.

Lee Jones explains why economic sanctions aren’t a very useful tool. Here he addresses whether sanctions helped produce the nuclear deal: