Europe

Russia has declared a state of emergency over the increasingly hostile U.S. military build-up in Poland, calling the presence a “threat to national security.” The Kremlin have expressed concern that the 2,700 troops arriving on their border as part of operation Atlantic Resolve is secretly intended to incite a nuclear war between Russia and the West. Yahoo News reports: The Kremlin, which has previously criticised NATO for its reinforcement in Eastern Europe, said on Thursday the deployment was an aggressive step along its borders.

By Robert Huebscher of Advisor Perspectives

Investors will confront excessive debt, high P/E levels and political uncertainty as they enter the Trump presidential era. In response, according to Jeffrey Gundlach, U.S.-centric portfolios should diversify globally.

For Nasdaq traders today...

Small Caps (and briefly The Dow) sunk into the red for 2017... (NOTE: the moment Trannies and The Dow tagged unchanged for 2017 a miracle bid appeared)...

Germany has accused the CIA of inciting a civil war by deliberately stirring up anti-Trump rhetoric in Washington D.C. According to Willy Wimmer, the US establishment and intelligence agencies want to ensure Trump’s presidency ends in disaster for the American public.

The last time TCW's Ted Rivelle, whose firm at last checked managed roughly $195 billion, issued a warning was back in late September, when he cautioned that the "central banking Emperors have no clothes... when the supposed solutions to the Fed’s dilemma are merely new “problems,” you know you are approaching the cycle’s end... successful, long-term investing is predicated on not just knowing where the happening parties are during the reflationary parts of the cycle but, even more importantly, knowing when the time has come to leave the dance floor.