Europe

Authored by Jacob Hornberger via The Mises Institute,

On July 21, 1821, John Quincy Adams, who would go on to become the sixth president of the United States, warned that if America were ever to abandon its founding principle of non-interventionism in foreign affairs, she might well become the dictatress of the world.

Adams issued his warning in a speech he delivered to Congress, a speech that has gone down in history with the title “In Search of Monsters to Destroy.”

Odd..

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S&P futures are again modestly in the green as European shares hold steady ahead of a meeting of the Catalan regional parliament and a possible declaration of independence by Catalan leader Puigdemont, while Asian shares rise a the second day. The dollar declined for the 3rd day, its losses accelerating across the board amid growing concerns that Trump's tax reform is once again dead following the Corker spat and a rejection from Paul Ryan, with the move gaining traction after China set the yuan’s fixing stronger for the first time in seven days.

Authored by Andrew Napolitano via LewRockwell.com,

Here we go again. The United States has been rattled to the core by an unspeakable act of evil perpetrated by a hater of humanity. A quiet, wealthy loner rented a hotel suite in Las Vegas, armed it with shooting platforms and automatic weapons, knocked out two of the windows, and shot at innocents 32 floors below. Fifty-nine people were murdered, and 527 were injured.