Europe

A very sad but awfully truthful 30-second reality check from a female BBC host speaking on MSNBC...

http://www.liveleak.com/ll_embed

Source: Liveleak.com

"Europe is getting used to attacks like this...we have to because we are never going to be able to totally wipe this out... as ISIS gets squeezed in Syria and Iraq we're going to see more of these kinds of attacks taking place in Europe... and Europe is starting to get used to that..."

She is 100% correct sadly,

PCR misrepresented on newstarget.com

A reader has alerted me to the misrepresentation of my position by Jayson Veley on newstarget.com.

UPDATE: I sent a comment on the article challenging its misrepresentation of my position, as did readers who alerted me to the misrepresentation. Neither my comment nor the readers’ comments have been posted. This tells me that Jayson Veley is not a reliable writer and newstarget.com is not a reliable website.

So the most deadly terror attack in Britain in 12 years, US economic data collapses, a terrible T-Bill auction, and Trump's budget hits... sending stocks to record highs...

The number of futures betting on euro-area equity turbulence crashed 44% from a record following last week’s expiration, as it appears Emmaniel Macron's victory has seemingly saved the world...

As Bloomberg details, that was the second-biggest one-day drop on record, after a 53 percent decline in open interest back in August 2010, when the market was much smaller.

Remember Paris

And London in March...

At the time of the London attack, Bloomberg's Paul Dobson reminded readers that were wondering about the sanguine response to the breaking news, that terrorist incidents including the one in Paris in 2015 and London bombings in 2005 spurred equity selloffs that were erased in the following days and weeks.

And sure enough traders decided the bombing and murder of 22 kids in Machester was the perfect opportunity to panic buy stocks...