Flags, Symbols, And Statues Resurgent As Globalism Declines
Authored by Wayne Madsen via The Strategic Culture Foundation,
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Global Stocks Storm To New Record High Ahead Of Historic Fed Announcement
Last week's bullish sentiment that sent the S&P not only to a new all time highs, but a burst of last-second buying pushed above 2,500 for the first time ever, has carried through to the new week, with European and Asian shares rallying across the board, US futures again the green, and world stocks hitting a new record high on Monday ahead of a historic Fed meeting in which the FOMC is expected to announce the start of the shrinkage of its balance sheet.
One-Tenth Of Global GDP Is Now Held In Offshore Tax Havens
Accurately measuring the scope of global wealth inequality is a notoriously difficult undertaking – a fact that was brought to light last year when the International Consortium of Investigative Journalists published the Panama Papers, exposing clients of Panamanian law firm Mossack Fonseca. As the papers revealed, Mossack Fonseca, which is only the world’s fourth-largest provider of offshore financial services, boasted a client roster stacked with some of the world’s wealthiest and most politically connected individuals.
UK Terror Threat Level Raised To "Critical": Another Terrorist Attack May Be Imminent
British Prime Minister Theresa May has raised the country's threat level to "critical" from "severe" following today's subway explosion attack at Parsons Green tube station in south-west London. A "critical" level typically means that the British government believes a terrorist attack is imminent.
Theresa May says UK terror threat level raised to critical, highest possible level, after London Tube blast https://t.co/HCBPJZo8XY pic.twitter.com/liMAODY2IV
Global Stocks Pull Back From All Time Highs On Poor Chinese Data; All Eyes On CPI
Global stocks backed off from all time highs, and S&P futures are unchanged ahead of the much anticipated US CPI report, which is expected to break a streak of five consecutive misses, while eyeing disappointing overnight Chinese economic data which missed across the board. European stocks and Asian markets were also modestly in the red, with the relentless global rally to new daily record highs taking a breather amid some concerns China's economy is rolling over, which weighed on commodities including base metals, which in turned dragged down mining stocks.