United States

Submitted by Ben Hunt via Salient Partner's Epsilon Theory blog,

Five Easy Pieces for the World-As-It-Is

Our story so far...

Authored by Bill Bonner of Bonner & Partners (annotated by Acting-Man.com's Pater Tenebrarum),

But of that day and that hour knoweth no man, no, not the angels which are in heaven, neither the Son, but the Father.

– Mark 13:32

La Mort, photograph of her good side.

Bigger Than a Bear Market

John McCain has become the latest critic from the US to intervene in the Brexit debate Wading into the EU referendum debate on Friday, the republican senator, who is no fan of Vladimir Putin, warned that if Britain should exit the EU it would leave Europe, America and the wider world at the mercy of Russian President. Important intervention by @SenJohnMcCain – UK membership of EU vital for security & prosperity of both Europe & U.S.

The US military has disciplined over a dozen service members for the air strike on Medecins Sans Frontieres (MSF) hospital in Kunduz, Afghanistan, that killed 42 people last year. The U.S. has acknowledged that the clinic was struck 120 times by mistake. No personnel will face criminal charges, according to the Pentagon. The BBC reports: The Associated Press reported that the sanctions, which were not made public, were mostly administrative. Some received formal reprimands while others were suspended from duty.

It may be option expiration day (always leading to abnormal market activity) but it remains all about the weak dollar, which after crashing in the two days after the Fed's surprisingly dovish statement has put both the ECB and the BOJ in the very awkward position that shortly after both banks have drastically eased, the Euro and the Yen are now trading stronger relative to the dollar versus prior.