America

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,

Authored by Michael Snyder via The Economic Collapse blog,

Authored by Robert Parry via The Strategic Culture Foundation,

Where is Stanley Kubrick when we need him? If he hadn’t died in 1999, he would be the perfect director to transform today’s hysteria over Russia into a theater-of-the-absurd movie reprising his Cold War classic, “Dr. Strangelove,” which savagely satirized the madness of nuclear brinksmanship and the crazed ideology behind it.