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Goldman Downgrades Stocks One Day Before The Fed: "Asymmetry For Equities Is Getting Worse"

Goldman Downgrades Stocks One Day Before The Fed: "Asymmetry For Equities Is Getting Worse"

After numerous warnings from Goldman strategist David Kostin that stocks are expensive, most recently over the weekend when he wrote that  "investors will soon capitulate on their expectation of upside to 2017 EPS forecasts as they face the reality that the accretive impact from tax reform will not occur until 2018" and that "revisions to consensus EPS forecasts during the past few months have been negative for both 2017 and 2018" moments ago Goldman officially downagred equities.

Turkey To Flood Millions Of Terrorists Into Europe After EU Argument

Turkey To Flood Millions Of Terrorists Into Europe After EU Argument

Turkey has threatened to flood Europe with millions of potential terrorists following an escalation in tensions between Turkish and European authorities.  Diplomatic relations between Turkey and the Netherlands have reached a new low, with Turkish Deputy Prime Minister Numan Kurtulmus claiming that politicians in Europe live under a “facist, neo nazi influence.” This comes after the Dutch government banned Turkish ministers from campaigning in the country.

White House Announces Major Retreat From U.N.

White House Announces Major Retreat From U.N.

The White House has announced a major retreat from the U.N. after Trump ordered a massive 50 percent cut in U.S. funding for United Nations programs.  The White House is scheduled to release its 2018 budget on Thursday which is expected to include cuts of up to 37 percent for spending on the State Department, the USAID, and other foreign assistance programs, including the U.N. (which amounts to around $10 billion a year). The Trump administration has repeatedly vowed to distance the U.S. from participating in the “corrupt” United Nations, signalling that it may leave the U.N. altogether.

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