Europe

One month ago, an Australian millionaire "discoverd" the cause why US housing refuses to rebound to its pre-crisis levels, and tangentially why Millennials were - at least anecdotally - living if not in their parents basement, then destined to a life of renting: avocado toast. (For a more in depth discussion on Millennials' housing habits, read "Will Millennials Ever Become A Generation Of Homeowners: BofA Has A Troubling Answer").

For about a week now, Benjamin Wittes, the Brookings Institution senior fellow and noted ally of former FBI Director James Comey, has been taunting the Trump administration with tweets suggesting that another 'bombshell' story, presumably related to the Russia investigation, was in the works and set to drop any minute (we covered it all here: "Tick, Tick, Tick" Comey Ally Scrambles To Explain Why "Next Trump Bombshell" Didn't Arrive Today). 

Authored by Darius Shahtahmasebi via TheAntiMedia.org,

Late last week, Saudi Arabia and other members of the Gulf Cooperation Council (GCC) that are involved in attempting to isolate Qatar sent the tiny Gulf nation a list of 13 demands. They are insisting that Qatar meet these demands within ten days or face unspecified further action.

Former FX trader and fund manager Richard Breslow is worried. Worried about investors' level of delusion in the markets and worried that central bankers are so convinced of their own omnipotence, that they have become blind to any potential risks just out of their immediate sight. One glimpse at the following chart is all you need to know, Central Banks are the only game in town... and given their recent statements, they don't know that (even though investors believe they do)...

Via Bloomberg,