Authored by Lance Roberts via RealInvestmentAdvice.com,
This past weekend, I discussed how the current rally since the election has been based on “hopes” for tax cuts and tax reforms as there was little evidence currently to suggest it was based on fundamental underpinnings. To wit:
Submitted by Bill Blain of Mint Partners
“Rate yourself and rake yourself, take all the courage you have left, wasted on fixing all the problems that you made in your own head.”
All the usual uncertainty, but are global stocks really so highly overvalued relative to GDP?
Gold is better store of value than bitcoin - Goldman Sachs report
European shares are modestly lower as investors monitor tense events in Spain and as focus turns to Thursday’s ECB meeting; US equity futures have rebounded from yesterday's sharp but shallow selloff and are in the green amid rising odds of U.S. tax reform and the imminent unveiling of the next Fed chair while Asian shares rise and Japan extends its winning streak to a record 16 days. The euro edged higher after data showed Europe’s economy is maintaining momentum, while the USDJPY managed to recover all of yesterday's sharp losses.
More evidence revealing the ridiculousness of the centrist position on immigration – namely that refugees can be seamlessly integrated into European society without a spike in crime or terror – has emerged courtesy of the German newspaper Welt Am Sonntag which revealed Sunday that the number of terrorism-related cases investigated by German authorities has quadrupled over the past year.
Prosecutors have opened more than 900 cases so far this year, compared with just 240 throughout 2016, and 80 cases in 2013.