Europe

Authored by Milton Ezrati via NationalInterest.org,

The violent riots that engulfed the city of Hamburg during the G20 summit have prompted some deep soul-searching among ordinary Germans while provoking a wave of indignation among German politicians, who demanded a radical change of approach toward violent protests, as well as to left-wing extremism.

In a bizarre diplomatic development, none other than the state of Israel has branded billionaire philanthropist George Soros, one of Hillary Clinton's most generous donors, a "threat", accusing him of "continuously undermining Israel's democratically elected governments" and saying that Soros-funded organizations "defame the Jewish state and seek to deny it the right to defend itself".

How did this escalation materialize?

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.

Earlier this week, Nobelist Vernon L. Smith penned an important piece, “Trump’s Best Deal Ever: Privatize the Interstate,” which was published in The Wall Street Journal. Smith correctly argued that the Trump administration should expand the scope of its privatization efforts to include the Federal government’s vast holdings of commercial public lands.

Ignore the rout in retail, focus on FANG... and hope for some dovish cooing from Yellen...

Expectations for higher VIX uncertainty (VVIX - VIX of VIX) are at their highest relative to VIX since Dec 2006...