Following another day of upbeat economic data, with growing signs that inflation on both sides of the Atlantic is accelerating, investors rediscovered their faith in the Trumpflation rally, pushing global stocks and US equity futures higher, fuelling a second day of 2017 equity gains ahead of today's release of the Fed's December minutes.
Submitted by Daisy Luther via The Organic Prepper blog,
What lies ahead for the economy this year? Will the economy finally collapse as predicted by many or will the early positive signs in stock markets around the world continue and the global economy will flourish?
Having gotten virtually none of his "surprise" forecasts for 2016 right - among which that the S&P will decline (after it was supposed to rise by 15% in 2015 when it closed red for the year), the 10Y will not rise above 2.50%, Hillary Clinton will defeat Ted Cruz in the presidential election, Democrats will gain control of the Senate, Chinese growth drops below 5% as the country's banks "get in trouble", crude oil remains in the $30s, and global growth falls to 2% (he did correctly predict just one rate hike, and the continuation of the European refugee crisis), today
Submitted by Rick Sterling via Strategic-Culture.org,
Submitted by Patrick Buchanan via Buchanan.org,
In retaliation for the hacking of John Podesta and the DNC, Barack Obama expelled 35 Russian diplomats and ordered closure of their country houses on Long Island and Maryland’s Eastern shore.
Foreign Minister Sergei Lavrov warned that 35 U.S. diplomats would be expelled. But Vladimir Putin stepped in, declined to retaliate at all, and invited the U.S. diplomats in Moscow and their children to the Christmas and New Year’s party at the Kremlin.