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Global Stocks Slide, S&P Futures Tumble Below 50DMA As "Trump Trade" Collapses

Global Stocks Slide, S&P Futures Tumble Below 50DMA As "Trump Trade" Collapses

Global stocks are lower across the board to start the week, as concerns about Trump's administration to pull off a material tax reform plan finally emerge, pressuring S&P futures some 20 points lower this morning, following European and Asian shares lower, while crude oil prices fall unable to find support in this weekend's OPEC meeting in Kuwait where a committee recommended to extend oil production cuts by another 6 months.

Europe Unveils New Gun Laws: "Like Putting A Band-Aid On A Bullet Wound"

Authored by Simon Black via SovereignMan.com,

The EU has almost regulated firearms enough to keep people completely safe from terrorism. Just one more law, and they should be able to usher Europe into a new age of utopian peace.

What happened:

The European Parliament passed a bill this month which closes loopholes in regards to “acoustic” and “deactivated” prop guns to make them irreversibly unusable.

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