John McCain Linked Nonprofit Received Million Dollar Donation From Saudi Arabia
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
Qaddafi on his way out, Bashar al Assad is next.
— John McCain (@SenJohnMcCain) August 21, 2011
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
Qaddafi on his way out, Bashar al Assad is next.
— John McCain (@SenJohnMcCain) August 21, 2011
Roughly around the time the market troughed in early February, we asked "After The European Bank Bloodbath, Is Canada Next?" The reason for this question was simple: we said that "when compared to US banks' (artificially low) reserves for oil and gas exposure, Canadian banks are...not."
Stated otherwise, we warned that the biggest threat facing Canada's banking sector is how woefully underreserved it is to future oil and gas loan losses.
Back in November, when it was laying out its (five out of six wrong) Top Trades and predictions for 2016, Goldman strategists forecast that because the "US will be the first to grow GDP demand above potential" the stock market party would be over and that the "Bernanke Put" would be replaced with the "Yellen Call."
Specifically, this is what Goldman predicted:
On the last day of an extremely volatile first quarter, following the latest torrid push higher in risk assets over the past two days following Yellen's dovish Tuesday comments, today has seen a modest pull back in risk, whether because the market is massively overbought, because someone finally looked at what record multiple expansion that has taken place in Q1 as earnings are set to collapse by nearly 10%, or simply due to fears that tomorrow's payrolls number will show an abnormal amount of minimum wage waiters and bartenders added.