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U.S. Test Fires Nuclear Missile, Warns Russia “We’re Prepared To Use Nukes”

On Thursday night the U.S. test-fired its second intercontinental ballistic missile (ICBM) in the last seven days, as a clear warning to Russia that America is prepared to use a nuclear missile against Russia in the future.  The Minuteman III missile was fired from the Vandenberg Air Force Base in California, racing across the sky at 15,000 mph before landing 30 minutes later at Kwajalein Atoll in the Marshall Islands of the South Pacific.

"There’s A Feeling Of Bits Of Ice Cracking All At Once" - This Is The 'Big New Threat' To Oil Prices

One week ago, we reported that even as traders were focusing on the daily headline barrage out of OPEC members discussing whether or not they would cut production (they won't) or merely freeze it (at fresh record levels as Russia reported earlier today) a bigger threat in the near-term will be whether the relentless supply of excess oil will force Cushing, and PADD 2 in general, inventory to reach operational capacity.

Caught On Tape: U.S. Test Fires Nuclear ICBM, Warns "We Are Prepared To Use Nuclear Weapons"

Less than two years ago, news of Russia test-firing an ICBM just as the east Ukraine civil war was heating up, was sufficient to send the stock market into a brief tailspin. Since then, the launches of nuclear-tipped intercontinental ballistic missiles has become an almost daily occurrence, with the market hardly batting an eyelid.

Satyajit Das: This Is Why You Can Expect Another Global Stock Market Meltdown

Authored by Satyajit Das', author of the new book "The Age Of Stagnation" (via MarketWatch),

The mispricing of assets across world markets has reached epidemic proportions.

Stock prices have made strong advances over the past several years, yet market analysts see further gains, arguing that the selloffs of August 2015 and early 2016 represent a healthy correction.

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