Europe

Did Jeff Gundlach do it again? Shortly after the DoubleLine manager told Reuters yesterday afternoon that the Trump rally is ending, that "stocks have peaked" and that it is "too late to buy the Trump trade", US stocks tumbled to session lows, and have continued to drop overnight, with S&P futures down 0.3%, alongside sliding Asian and European markets; oil and the dollar are also down with the only asset class catching a bid are 10Y TSYs, whose yields are lower at 2.43% after reaching an 18 month high of 2.492% overnight ahead of today's nonfarm payrolls report.

Queen Elizabeth and the Royal Family are descended from a long line of cannibals. British royals have long been famed for their love of lavish banquets and rich recipes. But a British historian has conclusively proved that Queen Elizabeth’s ancestors also had a taste for human flesh. A new study on medicinal cannibalism has revealed that British royalty were openly dining on parts of the human body as recently as the 19th century, and there are suggestions the practice went underground after that.

In its 'year-forward' 2017 outlook, JPMorgan's Marko Kolanovic warns that:

By Chris at www.CapitalistExploits.at

Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing.

Welcome to this week's edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity.

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Cashless World: 1 out of 3 People Never Use Cash

Posted with permission and written by Rory Hall (CLICK HERE FOR ORIGINAL)