It can only get better from here... right?

Source: Townhall.com

As we noted yesterday, the ECB cannot and will not be able to generate GDP growth or inflation.

The EU is simply too leveraged. You cannot have an entire region sporting a Debt to GDP of over 90%... with banks leveraged at 26 to 1 using sovereign debt as collateral on their derivatives trades, and “fix it” using NIRP or QE.

This is like trying to hold up a 400 lb. weight… and then having someone offer you a floor lamp as additional support. The effect, at best, is largely psychological.

Cue today…

Former US President Bill Clinton and former British prime minister PM Tony Blair are to join forces to fight against a possible British exit from the European Union. Mrs Clinton has already waded into the Brexit debate and thrown her weight behind President Obama who also advises that Britain should remain within the EU Mr Clinton is understood to be preparing a return to Britain to campaign with Tony Blair against Brexit.

Update: *PAUL RYAN SAYS TRUMP WILL BE NOMINEE IF HE WINS INDIANA: CNBC

Today's primary in the Hoosier State could prove to be the last stand for Ted Cruz and John Kasich, as The Donald looks to deliver the final knockout blow to the two challengers. If Trump wins, it certainly would be an embarrassment for a GOP establishment that has literally done everything it can to stop Trump, most recently touting the Cruz/Kasich alliance that self-destructed just hours after it was announced.

The leader of the Iraqi popular mobilization forces in Anbar province says that ISIS militants are forcing their fighters to use narcotics and hallucination pills during cleansing battles in Fallujah.