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Russia Forced To Neutralise Threats From NATO Anti-Missile Shield

Russia is being forced to look for ways to neutralise threats to its national security following the deployment of the NATO anti-missile shield in Europe. “Now, after the deployment of those anti-missile system elements, we’ll be forced to think about neutralizing developing threats to Russia’s security”  Russian President Vladimir Putin said adding that Russia is making every effort to maintain the strategic balance of power to avoid the outbreak of large-scale conflicts. The alliance launched the missile defense site in Romania on Thursday.

Everyone Is Still Selling: Biggest Monthly Outflow From Global Stocks Since US Downgrade

Everyone Is Still Selling: Biggest Monthly Outflow From Global Stocks Since US Downgrade

One recurring question over the past few weeks has been "who is buying" stocks in a world in which not only the smart money, but everyone else too is selling. The latest Lipper data will not provide the answer because as BofA reports, in the latest week there was another $7.4bn in outflows (the 5th straight week) driven by $4.8bn in mutual fund outflows and $2.7bn ETF outflows, leading to a $44bn equity exodus past 5 weeks, which as Michael Hartnett points out is the "largest redemption period since Aug’11", or when the US downgrade sent US stocks into a bear market tailspin.

 

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