Back in August 2012, when negative interest rates were still merely viewed as sheer monetary lunacy instead of pervasive global monetary reality that has pushed over $6 trillion in global bonds into negative yield territory, the NY Fed mused hypothetically about negative rates and wrote "Be Careful What You Wish For" saying that "if rates go negative, the U.S.
And so, just like that, with a sweeping victory in South Carolina, Sanders' Socialism crawls back into its cage and crony capitalism is alive and well.
As Edward Snowden so perfectly sums up...
2016: a choice between Donald Trump and Goldman Sachs.
— Edward Snowden (@Snowden) February 28, 2016
And in case you thought this was an exaggeration...
NATO Supreme Commander Philip Breedlove has accused Russia of deliberately becoming an adversary of the West, and has warned that Russia poses an “existential threat” to the U.S. and the Western world. U.S. Defense Secretary Ash Carter added fuel to the fire by accusing Russia of intimidating its neighbours, saying that he doubts Moscow is committed to strategic stability on nuclear weapons. Both of these anti-Russian views were given by Carter and Breedlove in testimony before two congressional committees on February 25, reflecting the growing anti-Russian mood in Washington and Europe.
Submitted by StraightLineLogic.com's Robert Gore via The Burning Platform blog,
The week explained...
http://www.youtube.com/watch?v=FsqJFIJ5lLs
Stocks extend gains this week - now the best 2-weeks since Bullard's Oct 2014 lows... BULLARD 2 - 0 REALITY
But ended on a weak note...
Futures give us a glimpse of the sudden buying panic into Europe's Open/China's close, selling at US Open on the "good" news... Weak close...
Even though Trannies and Small Caps gained on the day (more squeezes)...