America

With the market already pricing in dramatically fewer rate-hikes that the "cheerleading" Fed, Deutsche Bank expects the USD to respond favorably to the FOMC’s signals on Wednesday, contrary to the pattern seen after the last four FOMC meetings with press conferences.

The waning influence of the Fed’s projections is showing up in derivatives markets. After the December revision to the projected path of interest rates, traders responded much less than they did earlier in the year in the market for derivatives known as overnight-indexed swaps.

Submitted by David Stockman via Contra Corner blog,

Talk about sheep being led to the slaughter. The S&P 500 is up 11% from its February 11th intra-day low (1812) because Wall Street still has inventory to unload. That much is par for the course.

Donald Trump, the presumptive presidential nominee of the Republican Party?

How could a non-conservative become the nominee of the conservative party when he clearly is not one at all? The uncomfortable fact is that conservative intellectuals and leaders have been working for years to make the term become meaningless, so some charlatan was inevitable.

Authored by Eric Zuesse,

On March 14th, Iran announced that it will never pay the $10.5B that a U.S. court demanded it pay for the 9/11 attacks.

Donald Trump is on the lips of people around the globe. This is, arguably, one of the most discussed United States presidential contests in modern history. No matter where you are from or who you are, chances are you have heard that reality TV star Donald Trump is running for President of The United States of America. Whether he wins or not, what would a Trump presidency look like? The Era of Donald Trump While not everyone loves Trump, Quartz writer Gwynn Guilford believes that a Trump presidency would be “chaos”, pure and simple.