The market's slumberous levitation of the past month, in which yesterday's -0.3% drop was the second largest in 4 weeks and in which the market had gone for 15 consecutive days without a 1% S&P 500 move (in March 2015 the sasme streak ended at day 16) may be about to end, after an overnight session, the polar opposite of yesterday's smooth sailing, which has seen a sudden return of global risk off mood.
As Wisconsinites head for the polls, our Beltway elites are almost giddy. For they foresee a Badger State bashing for Donald Trump, breaking his momentum toward the Republican nomination.
Should the Donald fall short of the delegates needed to win on the first ballot, 1,237, there is growing certitude that he will be stopped. First by Ted Cruz; then, perhaps, by someone acceptable to the establishment, which always likes to have two of its own in the race.
Submitted by Uzay Bulut via The Gatestone Institute,
Professional criminals convince parents that their daughters are going to a better life in Turkey. The parents are given 2000-5000 Turkish liras ($700-$1700) as a "bride price" -- an enormous sum for a poor Syrian family.
Turkish President Recep Tayyip Erdogan has criticised the West for attempting to give Turkey “lessons in democracy” amid increasing criticism from the U.S. and Europe that Turkey is suppressing press freedoms under his regime. “Those who attempt to give us lessons in democracy and human rights must first contemplate their own shame,” Erdogan said. Middleeasteye.net reports: His comments came after US President Barack Obama said Turkey’s approach towards the media was taking it “down a path that would be very troubling”.
Submitted by Mike "Mish" Shedlock of Mishtalk
Italy’s Interior minister Angelino Alfano warns the refugee “system is at risk of collapse” following an 80 per cent spike in the number of arrivals to Italy across the central Mediterranean Sea in the first quarter of this year compared to 2015.
Alfano fears that Syrians headed for Turkey will inetead head for Libya for an even more hazardous Mediterranean Sea crossing to Italy.