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Traders May "Sell The Inauguration" But BofA Is Not Calling For "A Big Short" Yet

Traders May "Sell The Inauguration" But BofA Is Not Calling For "A Big Short" Yet

Along with most of his Wall Street peers, BofA's Chief Investment Strategist Michael Hartnett flipped his outlook on risk assets shortly after the election, turning from quietly bearish to vocally bullish and forecasting a substantial rise in US equities, and even more substantial bounce for Japanese, European and UK stocks as well as oil.

So far, Hartnett has been correct, and according to recent fund flows, much of the investing community agrees.

Trump To Meet With UK Prime Minister, As May Denies Her Brexit Plans Are "Muddled"

While Trump has yet engage the social network on Sunday, in his last tweet on Saturday evening, President-elect Donald Trump said he would will meet with U.K. Prime Minister Theresa May in the spring as the British leader seeks to rejuvenate ties with the US after a frosty start to their relationship and expand the UK's relationship with the U.S. after her country withdraws from the European Union.

“I look very much forward to meeting Prime Minister Theresa May in Washington in the Spring. Britain, a longtime U.S. ally, is very special!” Trump said.

JPMorgan Found Guilty Of Corruption, Fined $264 Million

China has found JPMorgan Chase guilty of corruption and fined the financial institution a staggering $264 million. By demanding that bankers be subject to the same laws as the rest of society, China is opting for a very different strategy to Europe and the US, where banks are only ever fined nominal amounts, and directors and chief executives escape punishment altogether. AnonHQ report: We all know that the 2008 financial crisis was a result of the recklessness of the big banks, especially those in the United States.

Czech Government Fears Muslim "Super-Holocaust", Urges Citizens To Shoot Them Yourselves

Czech Government Fears Muslim "Super-Holocaust", Urges Citizens To Shoot Them Yourselves

On the heels of Czech President Milos Zeman's warnings of a possible "super-Holocaust" carried out by Muslim terrorists, urging citizens to arm themselves, WaPo reports the country's interior ministry is pushing a constitutional change that would let citizens use guns against terrorists if police are delayed or unable to make their way to the scene of an attack.

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