Submitted by Satyajit Das via MarketWatch.com,
Easy money masks global economy’s precarious health
Too much of economic growth and the accompanying bull market in stocks is the result of financial engineering. Increasingly, companies seek to improve earnings or increase their share price by means that are not necessarily directly linked to their actual business.
Submitted by Yves Mamou via The Gatestone Institute,
Submitted by John Rubino via DollarCollapse.com,
Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common currency, which in turn spooks the global financial markets. Then the ECB conjures another trillion euros out of thin air, buys up and/or guarantees all the offending country’s bonds, and calm returns for a while.
The Dalai Lama claims Europe has taken too many refugees and is at risk of losing its culture and values, and warned that Germany is becoming an Arab country. According to the Dalai Lama, the “moral solution to the problem” involves sending migrants home. “The goal should be to return and help rebuild their own countries”. “When we look at the face of each refugee, but especially those of the children and women, we feel their suffering, and a human being who has a better situation in life has the responsibility to help them.
Considering that in the past 3 months the only daily topic of relevance for the media has been "Donald Trump" both in the US and abroad, one would assume that when it comes to global policy uncertainty the primary source would be, record S&P 500 paradoxically notwithstanding, the United States.