Steven Cohen, Professor of Russian studies at Princeton and NYU (an obvious Russian spy) was besides himself tonight, in sheer disbelief over the with hunt of gigantic nothing-burgers that are being used to assault the Presidency of Donald Trump.
Authored by John Whitehead via The Rutherford Institute,
“The means of defense against foreign danger have been always the instruments of tyranny at home.” ? James Madison
Who designed the malware worm that is now wreaking havoc on tens of thousands of computers internationally by hackers demanding a king’s ransom? The U.S. government.
A few hours before the Comey memo news broke, we posted "Height Securities Begins Contemplating "Impeachment": Here's What To Look For", and as expected, starkly adverse news such as this was one of the catalysts.
Predictably it did not take long after the NYT story hit, for impeachment calls to hit a crescendo. First it was CNN's Wolf Blitzer who brought up the possibility of impeaching President Trump in an interview with Independent Senator Angus King.
Hour after hour, mainstream media proclaims the 'teflon' market as clear proof of America's economic strength as volatility keeps collapsing despite a surge in turmoil.
For years, market anxiety has risen and fallen with a strong correlation to "crisis" in the world. However, as the chart below illustrates, the last 2 months have seen a surge in "crisis" stories lead to soaring stocks and collapsing risk perceptions.
The negative correlation between "crisis" stories and the market's perceptions of risk is unprecedented.
Via StockBoardAsset.com,