America

Authored by Patrick Buchanan via Buchanan.org,

On Sept. 1, 1864, Union forces under Gen. William Tecumseh Sherman, victorious at Jonesborough, burned Atlanta and began the March to the Sea where Sherman’s troops looted and pillaged farms and towns all along the 300-mile road to Savannah.

Captured in the Confederate defeat at Jonesborough was William Martin Buchanan of Okolona, Mississippi, who was transferred by rail to the Union POW stockade at Camp Douglas, Illinois.

The Group of Seven world leaders, or rather Six excluding Trump, tried to tame the US president... and failed. Which means on Saturday the group will sign off on a significantly "pared-down" statement at the close of their meeting in Sicily - an indication of deep divisions on climate change, trade and various other issues between Trump and the rest of the developed world.

Earlier this week we highlighted "Six Terrifying Graphs That Summarize America's Public Pension Crisis" which ranked state, county and city-level public pensions in the United States by which are screwed the most.  To summarize, the study concluded that public pensions in the U.S. alone are currently underfunded by nearly $4 trillion and that taxpayers in Illinois, California and New Jersey should probably be looking to move before getting drowned in their state's coming pension-induced tax hike tsunami.

Hours after gunmen opened fire on a convoy of vehicles carrying Coptic Christian worshippers to a desert monastery in Egypt, killing 28, the Egyptian warplanes carried out six bombing strikes targeting camps near Derna in Libya where Cairo believes militants responsible for the deadly attack were trained, Egyptian military sources said quoted by Reuters.

Authored by Lance Roberts via RealInvestmentAdvice.com,

Over the last couple of months, I have repeatedly discussed what has been possibly the most “boring” market ever. That was until the previous Wednesday when the market deciding to take a quick “road trip” to the 50-dma. 

It didn’t last long.