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Trump Victory Would Mend US-Russian Relations: Top Moscow Senator

Trump Victory Would Mend US-Russian Relations: Top Moscow Senator

While the US political and financial establishment has been firmly opposed to a Trump presidency, an unexpected supporter for the presumptive GOP candidate has emerged in Russia, where the head of the Russian Upper House Committee for Foreign Relations, Konstantin Kosachev, said that a victory for Donald Trump in the US presidential elections would provide the "shake up" Washington needs and could be the catalyst to reverse the rapidly deteriorating trend in US-Russian relations.

This Financial Bubble Is 8 Times Bigger Than The 2008 Subprime Crisis

Submitted by Simon Black via SovereignMan.com,

On July 1, 2005, the Chairman of then President George W. Bush’s Council of Economic Advisors told a reporter from CNBC that,

“We’ve never had a decline in house prices on a nationwide basis. So, what I think is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s gonna drive the economy too far from its full employment path, though.”

"What If?"

Via ConvergEx's Nick Colas,

Today we offer up five market counterfactuals – “What ifs” – to both illustrate why large cap U.S. equities just closed near their highest levels of 2016 and consider the conventional wisdom about whether the current rally is sustainable. 

 

Our home base: where asset prices and other trends started the year. 

 

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