America

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.

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

When evil men plot, good men must plan. When evil men burn and bomb, good men must build and bind. When evil men shout ugly words of hatred, good men must commit themselves to the glories of love. Where evil men seek to perpetrate an unjust ‘status quo’, good men must seek to bring into being a real order of justice.

 

– Martin Luther King Jr

Reconfirming that he has much left to accomplish in his final week in office, Obama has released another 10 Gitmo detainees that have just confirmed their safe arrival in Oman.  Meanwhile, the Omani Foreign Ministry released a statement confirming their 'favor' to the United States "out of consideration for [our] humanitarian situation."  Per the Washington Post:

The statement by the Omani Foreign Ministry said that the men released from Guantanamo would “temporarily reside” in the country.