Federal Reserve officials are split into two camps, according to Wall Street Journal's Jon Hilsenrath, those who believed that risks to the economy were materializing and those who wanted to wait and see. Either way, The Fed is confused and their 4-hikes in 2016 meme is disappearing fast.
As The Wall Street Journal reports,
A top Kurdish commander has claimed that he has documentary evidence confirming that Turkey has given support to the terrorist groups. Murat Karayılan, co-founder of the Kurdistan Workers’ Party (PKK) told Russian media that along with Saudi Arabia and Qatar, Turkey has been furnishing extremists with weapons and munitions. RT reports: Karayılan has been the acting leader of the PKK, a group considered terrorists by Turkey and the US, since its original leader Abdullah Öcalan was captured in 1999.
Since the January FOMC statement, Janet has spoken twice and what seems like every Fed speaker has hit the headlines to explain their decisions (only to confuse the market more) leaving bonds and gold outperforming amid their clear confusion. The Minutes appear to confirm that confusion:
Why would a social conservative vote for Donald Trump, who is the least socially conservative of all the Republican candidates? I can think of a few reasons:
1. The big issues for social conservatives are abortion, gay marriage, and religious liberty (religious liberty being threatened as a consequence of gay marriage and civil rights laws).
Submitted by Claire Bernish via TheAntiMedia.org,
Though fracking industry proponents scoff at any intimation their so-called vital industry poses even scant risks to the public, a new study published in Toxicology and Applied Pharmacology just proved those critics right — fracking wastewater causes cancer.
Using human bronchial epithelial cells, which are commonly used to measure the carcinogenesis of toxicants, researchers confirmed fracking flowback water from the Marcellus Shale caused the formation of malignancies.