Yesterday's 'odd' gains in stocks amid dismal data and weakness across every asset class have been entirely erased this morning... in a hurry...
Futures tanked overnight following weak China data and European downgrades...
And cash markets are seeing no bounce at the open...
Since The Fed (and BoJ) Bonds & Bullion are surging...
Submitted by Charles Hugh-Smith of OfTwoMinds blog,
Every perverse incentive is the cash cow for a vested interest or cartel.
“The Only Democracy In The Middle East”
Today is World Press Freedom Day, a rare item in Israel.
Americans are forever told that “Israel is the only democracy in the Middle East.” Actually, most
of Israel consists of occupied Palestine. The Israelis have succeeded in committing genocide against a country.
The only democracies in the Middle East are Syria, Iran, and perhaps Lebanon, and these are
the countries under attack by Israel and Washington.
Stephen Lendman reports on Israel’s lack of media freedom:
John Boehner probably isn’t the first person to compare Ted Cruz to the Prince of Darkness, but I’m more inclined to agree with the Satanic Temple that the hoof doesn’t quite fit. I’m more inclined to go with this comparison.
Meanwhile, do you realize who, by calling Cruz the rebel angel, Boehner is implicitly comparing himself – and the other targets of Cruz’s rebellion – to?
The wave of anti-hedge fund sentiment that we have predicted ever since 2013 - a direct consequence of centrally planned markets in which central bankers have become marketwide Chief Risk Officers, who intervene every time there is even a 5% drop, and have made risk hedging moot - has finally been unleashed: "in less than seven days, hedge funds have been subject to a three-pronged attack by some of the biggest names in finance," Bloomberg writes.