Congress

Authored by Michael Snyder via The Economic Collapse blog,

Authored by Patrick Watson via MauldinEconomics.com,

Wishful thinking, as we all know, is the death knell for many investors. Getting carried away by emotion has rarely, if ever, been a recipe for accumulating vast riches.

It seems that a lot of people have missed that distinction between wishful thinking and reality lately—and I fear it’s going to hurt them badly.

With volume starting to fade ahead of Friday's holiday, and geopolitical concerns growing as a US aircraft carrier approaches North Korean, S&P futures pointed to a slightly lower open, in line with stock markets in Europe and Asia. Safe havens such as gold and treasuries strengthened along with Japanese yen, which erased all of yesterday's losses and neared its 110 support on investor caution about global security risks and the future of U.S. interest rates after Yellen's Monday speech failed to provide clarity.

On Saturday afternoon, Trump sent a letter to member of Congress, informing them about the US missile strike against the Syrian Air Force base, and stating that the US will take additional action to further the country’s national interests, the White House said Saturday.

Eleven weeks into his administration, Trump's Syrian airstrikes appear to have achieve what until last night appeared impossible: unite much of Congress in support of a Trump decision.

As Bloomberg report, U.S. lawmakers mostly expressed support for Trump’s strike against a Syrian airfield in response to an alleged chemical weapons attack, though some cautioned that Congress needs to be consulted on a comprehensive strategy if the strike is a harbinger of things to come.