United States

• Trump, Clinton poised for big wins on Super Tuesday (Reuters)
• U.S. Index Futures Signal Equities to Rebound After Monthly Drop (BBG)
• Barclays Plummets as Bank Slashes Dividend in Plan to Shrink (BBG)
• Glencore Tumbles to Loss, Promises Accelerated Debt Reduction (WSJ)
• The Angry Americans: Trump, Sanders and the Aftershocks of 2008 (BBG)
• Euro sinks as weak data piles pressure on European Central Bank (Reuters)
• China's PMI Reports Show Slowdown Deepening as Services Slip (BBG)

With markets happy to put February in the history books because it marked the fourth consecutive monthly decline in global stocks, we move on to March 1st, which doubles down as 'Super Tuesday' in the US when Trump's presidential candidacy will almost certainly be sealed and a day in which stocks decided to join the super fun by super surging overnight on nothing but bad global macro and economic which however was promptly ignored and instead the focus was on ongoing central bank intervention and even more jawboning.

Submitted by Mike Holly via The Mises Institute,

Although the causes of economic crises recurring throughout US history and often spreading worldwide can’t be proven using empirical means, oppressive government regulations favoring special interests in relevant industries have preceded every crisis.

Via EvergreenGavekal.com, 

“Betting against gold is the same as betting on governments. He who bets on governments and government money bets against 6,000 years of recorded human history.”

 

– Charles De Gaulle, Leader of the French resistance during WWII and 18th President of France

SUMMARY

By Prof. Edward Curtin
Global Research, February 28, 2016