Europe

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.

While Europe's economy and capital markets have been spared any major shocks in the past year, and in fact European GDP has been on a surprisingly resilient uptrend in recent quarters led higher by the relentless German export-growth dynamo (courtesy of the very, very low Deutsche Mark and a lot of broke Greeks), an old and recurring problem has re-emerged, one which threatens the stability and cohesion of the European Union itself: the latest surge of refugees which, arriving mostly from North Africa in recent months, has made Italy its primary landfall target resulting in a surge in migra