United States

From Nicholas Colas at Convergex

Back in late 2014 and early 2015, this website soundly mocked any and every economist that suggested that plunging oil prices - in a globalized economy where oil has been financialized beyond recognition and impacts every asset class, the stock market, global trade flows, and international diplomacy - is "unambiguously good." 

Last week, Reuters reported a development which should have surprised precisely nobody: while the Kremlin announced one month ago that it would begin withdrawing military forces from Syria at once, Putin was doing the opposite.

One month ago, when looking at the overall level of short interest across the market, we reported that according to JPM, the "most painful part of the short squeeze may be yet to come", and sure enough, aided by an unprecedented amount of central bank intervention, the market has since surged, in no small part due to ongoing covering of short positions.

However, one look at the NYSE short interest data reveals something troubling: there are still many shorts out there.

Submitted by Pepe Escobar via TheSaker.is,

Color revolutions would never be enough; Exceptionalistan is always on the lookout for major strategic upgrades capable of ensuring perpetual Empire of Chaos hegemony.   The ideological matrix and the modus operandi of color revolutions by now are a matter of public domain. Not so much the concept of Unconventional War (UW).

UW was spelled out by the 2010 Special Forces Unconventional Warfare manual. Here’s the money quote: