Europe

On the heels of yesterday's McCain meltdown exclaiming that Rand Paul "is now working for Vladimir Putin," the Kentucky Senator released a short statement...

First Goldman, then RBC, and now JPM's top quant.

One month after JPM's head quant Marko Kolanovic warned that volatility is about to return and could lead to "accidents", the market timer also called "Gandalf" elsewhere for his prognosticative skills is out with a fresh warning, predicting "market weakness in the near-term" adding that he is cautious and urging clients to hedge equities.

With the Dutch Election behind them, it appears European stock investors see nothing but smooth-sailing ahead...

Europe's VIX collapsed overnight - by the biggest relative amount in its history - to close at the lowest level since the Euro began...

For context, this collapse compressed the relative risk premium for European stocks over US stocks to zero... something we have only seen historically at extreme systemic stress points...

Authored by Maria Polizoidou,

Yesterday we reported that in a dramatic escalation against the lockbox of Europe's cash, a package containing explosives was found at the German finance ministry. It was, however, unclear who had sent it. Today we have an answer: according to Reuters, the militant Greek group Conspiracy of Fire Cells has claimed responsibility for the parcel bomb that was mailed to German Finance Minister Wolfgang Schaeuble, German police said on Thursday.