On Friday, Sweden became the latest European target of terrorism after a man plowed a hijacked beer delivery truck into a crowd in central Stockholm, killing five people and wounding more than a dozen (we covered the situation here: "Swedish Police In Manhunt For Terrorist Truck Driver Who Killed Five").
Ahead of what we hope will be a relatively quiet week following the juggernaut from the past 7 days, we present readers with another excerpt from the latest weekly note from Eric Peters, CIO of One River, which is not only appropriate in the context of recent observation by UBS, involving the sudden collapse of the global credit impulse, but far more importantly, may be critical for those who are in the business of timing key market inflection points.
From Weekend Notes by Eric Peters
Authored by Mish Shedlock via Mish Talk,
Benedict Evans, a blogger who works for a venture capital firm that invests in technology, has an interesting article on the shift to electric and self-driving vehicles.
Please consider snips from Cars and Second Order Consequences by Benedict Evans.
A statement issued on Sunday by a joint command centre consisting of forces of Russian, Iran and allied militia alliance supporting Syrian President Bashar al Assad said that Friday's US strike on the Syrian air base crossed “red lines” and it would "respond with force" to any new aggression while increasing their level of support to their ally.
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