By Chris at www.CapitalistExploits.at
I was recently sent a research piece by one of my LPs.
The piece was from the principal of a well known hedge fund and this particular manager has grave concerns for the US stock market. In the article to clients he laid out all the reasons why fundamentally none of it makes much sense. I can't and won't disagree with the primary analysis.
He's not the only one.
Amid implicit acknowledgement of turmoil in The White House, Trump's Defense Secretary Jim Mattis reassured the world that the US military was "not in disarray", but was "holding the line" as government "sorts out the way ahead."
After shrugging off President Trump's 'media as enemy' narrative:
//www.washingtonpost.com/video/c/embed/231ac5f6-f6bd-11e6-aa1e-5f735ee31334
The Trump-Putin honeymoon continues to chill... that is if Trump's top foreign policy advisors speak for the president, which remains very much unclear.
Two weeks after the White House extended sanctions on two dozen Iranian entities in retaliation for a recent ballistic missile test, Iran's elite Revolutionary Guard is set to conduct military drills next week, a senior commander announced Saturday, despite warnings from the United States not to engage in such activity and a warning from the White House which said it was putting Iran "on notice."
Concerns about a potential, and so far unsubstantiated, nuclear "incident", reportedly in the vicinity of the Arctic circle, spread in the past week after trace amounts of radioactive Iodine-131 of unknown origin were detected in January over large areas in Europe according to a report by the Institute for Radiological Protection and Nuclear Safety, the French national public expert in nuclear and radiological risks. Since the isotope has a half-life of only eight days, the detection is an indication of a rather recent release.