Europe

With the Fed decision just one day away, followed the very next day by the increasingly more irrational BOJ, stocks had no desire to make significant moves and overnight's boring session was the result, as European stocks and U.S. index futures rose modestly but mostly hugged the flatline while Asian declined 0.2% for a third day as raw-material shares declined and Tokyo equities slumped before central bank meetings in the U.S. and Japan this week. China’s stocks rose the most in almost two weeks, up 0.6% but failed to rise above 3000 on the Shanghai Composite, in thin trading.

Submitted by Josephine Bacon via The Gatestone Institute,

• Ever since the inception of the European Economic Community, British politicians across the entire political spectrum have been perceptive enough to realize that Britain will lose its sovereignty and turn into a vassal of the France-Germany axis.

In a recent column Dennis Prager made an acute observation. “The vast majority of leading conservative writers … have a secular outlook on life. … They are unaware of the disaster that godlessness in the West has led to.”

These secular conservatives may think that “America can survive the death of God and religion,” writes Prager, but they are wrong. And, indeed, the last half-century seems to bear him out.

On the heels of State Department spokesman John Kirby's renewed proclamation that "US is committed to admitting more refugees," we thought this brief clip from France's picturesque Mantes La Jolie (in the western suburbs of Paris) - Europe's largest "ghetto" - would be useful...

Here's the postcard...

Submitted by Andrew Zeitlin of Moneyball Economics

Semiconductors Tell the Real Story of Global GDP

The industrial slowdown predicted by semiconductors is coming true.