Europe

Nothing can keep the BTFD spirit at bay in Europe this Thanksgiving morning.

The euphoria from the year-end melt up in Europe and the US failed to inspire Chinese traders, and overnight China markets suffered sharp losses, with the Shanghai Composite plunging 2.3%, its biggest one day drop since June 2016, over growing fears that the local bond rout is getting out of control. Both the tech-heavy Chinext and the blue chip CSI 300 Index dropped over 3%, as the sharp selloff accelerated in the last hour, as Beijing's "national team" plunge protection buyers failing to make an appearance. There were sixteen decliners for every one advancing share.

Authored by Rusty Guinn via Epsilon Theory blog,

This is my favorite street art in the world.

It adorns a rail bridge that soars above I-45 in Houston. More than 300,000 cars pass by it every day. It has been modified a couple times by other street artists, but every time it goes back.

Authored by Tom Luongo,

I’m not a terribly religious man.  But, I’d like to believe there is a special corner in Hell reserved for those that fomented the Syrian Civil War.

From its beginnings in Libya with gun-funneling through the U.S. embassy in Benghazi to yesterday’s meeting between Russian President Vladimir Putin and Syrian President Bashar al-Assad, this entire affair will be remembered as one of the most cynical and abusive periods of history.

Authored by Richard Ebeling via The Mises Institute,

This time of the year, whether in good economic times or bad, is when Americans gather with their families and friends and enjoy a Thanksgiving meal together. It marks a remembrance of those early Pilgrim Fathers who crossed the uncharted ocean from Europe to make a new start in Plymouth, Massachusetts. What is less appreciated is that Thanksgiving also is a celebration of the birth of free enterprise in America.