Mike Krieger Warns "We Live In Revolutionary Times"
Authored by Mike Krieger via Liberty Blitzkrieg blog,
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"You Get Nothing" - World's Largest Insurer Warns US Stocks Offer "No Returns" For The Next Decade
There will be "almost no prospective returns" from U.S. stocks over the next decade because the market is fully valued following years of gains, according to the global strategist at Allianz Global Investors, which manages $569 billion.
The Scariest Charts In The World
Authored by Anthony Doyle via BondVigilantes.com,
US Futures Rebound After Disappointing Chinese, European Data
Yesterday's sharp Chinese selloff is now a distant memory after the BTFDers emerged, and this morning U.S. equity futures are once again levitating as the FOMC begins its two-day policy meeting, following an uneventful BOJ announcement on Tuesday morning which left all QE parameters unchanged. Asian stocks traded mixed steady while European shares climb.
Friedman: Almost All Countries In Europe Have Border Issues
Authored by George Friedman via MauldinEconomics.com,
For centuries, Europe has fought wars over borders. In the 19th century and the first half of the 20th century, Europe’s borders shifted wildly. As empires fragmented, new nations arose and wars were waged.
After 1945 and the beginning of the Cold War, a new principle emerged on the Continent. The borders that existed at the end of World War II were deemed sacrosanct—not to be changed.