Federal Government

Via The Daily Bell

Imagine men in bleach white bio suits with medical masks show up at your door. You are suspected of carrying a communicable disease. You will now be arrested and held without due process, indefinitely.

The government could do this any day.

They have the “authority”. They have the personnel. They have the funding. Now all they need is the excuse.

The Authority

The federal government claims the right to quarantine anyone who they suspect has or has come into contact with a communicable disease.

S&P futures are little changed at 6am ET, trading at 2347.55 and paring an earlier 0.4 percent drop, on the back of the USDJPY ramp which for the second day in a row has emerged alongside the European open, just as the key 110 support level appears in danger, soothing concerns about the Fed's balance sheet reduction and "some" Fed officials warning that stocks have gotten expensive.

European stocks rebounded after a downbeat start, aided by a return to the post-Euro open momentum ignition in the USDJPY while Asian stocks rose after China shares surged 1.5%, the most since August. For now S&P futures are fractionally in the red, although we expect them to turn progressively higher as US traders get to their desks to frontrun the now traditional "post open" ramp.

Authored by Michael Snyder via The Economic Collapse blog,

After the best quarter for US stocks since 2015, global equities have started off Q2 on the right foot, despite caution about the upcoming meeting between President Trump and China's Xi Jinping later this week, and Fed Minutes which are expected to be more hawkish than the FOMC statement.