Europe

Yesterday, when stocks surged at the market open following Politico's report that Trump is unexpectedly "making strides" on tax reform, we warned that "it can all be wiped away as soon as tonight, when Trump will deliver a speech to his "base", in which he may promptly burn any of the goodwill he created with capital markets following his far more conventional Afghanistan speech last night."Well, that's precisely what happened, because on Tuesday night, in another fiery campaign rally, Trump fiercely defended his response to violence in Charlottesville, made passing remarks from a

Would you pay $1,000 for each piece of equity research you read throughout the day?  How about $5,000 for an industry piece? 

Authored by Federico Pieraccini via The Strategic Culture Foundation,

In every nation there are power conglomerates that determine and influence the domestic and foreign policy choices their nations. In the United States, it is important to highlight the concept known as American exceptionalism that accompanies these power centers, often called the deep state. According to this principle, the United States alone has been chosen by God to lead mankind.

In an extended tweetstorm conccurrent with Trump's Monday night Afghanistan address, Ron Paul lashed out at the president, saying that at long last, Trump's neo-con nature had emerged. "Steve Bannon brakes removed. Neocons feeling their oats" and urging the public to "Beware! @LindseyGrahamSC loves Trump's speech! Why are arch-neocons celebrating so much?

Authored by Patrick Buchanan via Buchanan.org,

“I have not become the King’s First Minister in order to preside over the liquidation of the British Empire,” said Winston Churchill to cheers at the Lord Mayor’s luncheon in London in November 1942.

True to his word, the great man did not begin the liquidation.