With the launch of the iPhone 8 just around the corner, sellside analysts are scrambling to revise their forecasts and position themselves "correctly" ahead of what will be the most anticipated new event in recent Apple history.
In what has been a less exciting session than the previous two, the euro retraced some recent gains as traders grew concerned they may have overestimated the ECB's hawkish bias ahead of Thursday’s rate decision; in turn the dollar edged higher after the collapse of the GOP healthcare bill sent it to the lowest since September on Tuesday.
Not even Citi could infuse any excitement in the overnight session, which its called "Purgatorial":
Via The Daily Bell
The government depends on the citizens to produce, to create value from which the ruling classes can leech. They need to keep us working and spending in ways that they prescribe in order to insert themselves into transactions which would otherwise have nothing to do with them. Here are five ways that they keep the tax farm going.
1. Credit Cards and Debt
Content originally published at iBankCoin.com
One week after James O'Keefe destroyed CNN's last shred of credibility, the network rife with ham-handed propagandists has doused itself in gasoline and lit a match - forever condemning themselves to irrelevancy and ridicule.