America

Shortly after Germany retaliated to Trump's overnight press attack, when German economy minister Sigmar Gabriel said on Monday morning that Germans would gladly buy US automobiles if only America could "build better cars", and that - responding to Trump's criticism of Germany's "catastrophic" refugee policy - he said there "is a link between America’s flawed interventionist policy, especially the Iraq war, and the [European] refugee crisis", Merkel fired her own shot across the bow of Trump's proposed protectionism, when she told industry leaders late on Monday that she would remai

A record number of firearms was discovered in carry-on bags in the U.S. in 2016, according to the Transportation Security Administration. In total, 3,391 firearms were found in carry-on bags at TSA checkpoints across the country -- averaging more than nine per day - an amazing 28% rise from 2015 and a shocking 250% increase since President Obama first took office.

Guns were discovered in 238 airports across America with Atlanta the highest...

Over the weekend, Barron's published its annual roundtable in which prominent investors previewed what they expect out of 2017: "a year of seismic shifts for the markets and, quite possibly, the world. Or, as Goldman Sachs strategist Abby Joseph Cohen said at this year’s Barron’s Roundtable, “We are breaking a lot of trends.” As Barron's dubbed it, "this could be the year the movie runs backward: Inflation awakens. Bond yields reboot. Stocks stumble. Active management rules.

While hardly coming as much of a a surprise following the weekend's news that Theresa May would call for a "clean and hard Brexit", confirmation received moments ago from both the Telegraph, FT and Bloomberg that on Tuesday May will indeed declare that Britain is making a "clean break" from the EU and will not seek a deal that leaves the country “half in and half out”, has send the sterling lower by some 25 pips, because even though the news is not incremental, as Bloomberg notes quoting a trader, "Algos Trade Off Keyword Flagged in Speech."

Submitted by Lance Roberts via RealInvestmentAdvice.com,

It’s the Fed’s fault.

Over the past several years, the Federal Reserve has forced interest rates lower in an all-out assault on “cash.”

The theory was simple. Make returns on “cash” so low it is forced out of savings account and into risk assets. 

It worked.

But here is the problem.