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Global Stocks Slide On Italian Bank Worries; Dollar Dips As Trumpflation Takes A Back Seat

Global Stocks Slide On Italian Bank Worries; Dollar Dips As Trumpflation Takes A Back Seat

European shares dipped and U.S. equity-index futures (-0.3%) pointed to a lower open as traders questioned the stability of the Italian banking sector ahead of next weekend's referendum as well as the longevity of the Trumpflation rally, pressuring the dollar, sending the USDJPY sliding as low as 111.355 overnight, before rebounding over 112. That was the dollar's biggest fall against its Japanese rival since October 7 and against a basket of top world currencies it was the greenback's worst day since November.

Pentagon No-Fly Zone Over Syria Prompts Russia War Fears

On November 15, Congress passed a resolution to impose a no-fly zone over Syria, which experts are warning will result in a U.S. war with Russia.  House Resolution 5732, otherwise known as the “Caesar Syria Civilian Protection Act,” means that America can now shoot down Russian warplanes operating in the region. Thefreehthoughtproject.com reports: Soon after the presidential election, key warmongers in Congress began formulating plans to make increased conflict a near certainty, complete with the kind of propaganda peddled before the Iraq attack.

Is This The Democrats' Real Strategy In Launching Recounts?

Is This The Democrats' Real Strategy In Launching Recounts?

Over the past couple of days we've written numerous times about Jill Stein's recount efforts in WI, MI and PA (see here, here and here).  And while it's clear that Stein intends to move forward with recounts in all three states (she's now up to $6.1mm in donations), what is unclear, and quite perplexing, is exactly why she's pursuing these recounts in the first place.  Here are the potential justifications from Stein's perspective, as we see them:

Trump Tweets: "Millions" Voted Illegaly For Hillary Clinton

In what is either Trump's latest trolling of the already neurotic media, or just his conversion to "conspiracy theorism" much to the delight of Russian propaganda, "fake news"-spotting anonymous groups everywhere, moments ago the President-elect tweeted that he would have won the popular vote if "millions of illegal votes" were discounted. 

“In addition to winning the Electoral College in a landslide, I won the popular vote if you deduct the millions of people who voted illegally,” Trump wrote on Twitter.

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