It seems quite ironic that the tagline of Project Syndicate is "fake news or real views?" as it appears the latest scribblings from France's New Philosophers' Movement founder Bernard-Henri Levy have blurred the lines between propaganda, fake news, alternative facts, pure lies, and defamation.
Having slammed the so-called anti-intellectualism movement...
Despite the world's elite 'prepping', and 'Davos man' fearful of the rise of populism, it seems 'average joe' remains exuberant (if sentiment and stocks are to be believed). But France's richest man, LVMH CEO Bernard Arnault, has seen this all before and is very anxious.
Trump's sweeping, and immediately enforced ban on people seeking refuge in the United States and visitors from seven Muslim-majority countries which will last at least three months has caused what Reuters dubs "chaos, panic and anger" - as well as lawsuits - not only among travelers on Saturday - with some denied entry to the US and turned back from U.S.-bound flights - but also among US allies such as France and Germany.
Some troubling observations from the last leader of the USSR, first posted in Time.
The world today is overwhelmed with problems. Policymakers seem to be confused and at a loss.
But no problem is more urgent today than the militarization of politics and the new arms race. Stopping and reversing this ruinous race must be our top priority.
The current situation is too dangerous.
While the S&P500 market may remain pinned just why of all time highs, this appears to be from ongoing short covering, and is not - at least in the latest week - the result of new money entering the market. Quite the opposite: according to the latest BofA fund flow analysis based on EPFR data, in the latest week, US equities saw $6.3 billion in outflows, the largest weekly redemption from US mutual funds and ETFs in four months, since before the presidential election.