United States

Submitted by David Stockman via Contra Corner blog,

Larry Summers is a pretentious Keynesian fool, but I refer to him as the Great Thinker’s Vicar on Earth for a reason. To wit, every time the latest experiment in Keynesian intervention fails - as 84 months of ZIRP and massive QE clearly have - he can be counted on to trot out a new angle on why still another interventionist experiment or state sponsored financial fraud is just the ticket.

The president will visit Cuba as part of a Latin American tour next month:

The US president confirmed his Cuba trip in a post on Twitter, saying: “Next month, I’ll travel to Cuba to advance our progress and efforts that can improve the lives of the Cuban people.”

Just when traders thought that the biggest and most violent 3-day short squeeze in 7 years was about to end...

... a squeeze that has resulted in 3 consecutive 1%+ sessions for the S&P for the first time since October 2011, overnight we got one of the Fed's biggest faux-hakws, St. Louis Fed's Jim Bullard, who said that it would be "unwise" to continue hiking rates at this moment, and hinted that "if needed", the most natural option for the Fed going forward would be to do further Q.E.

Submitted by Michael Snyder via The Economic Collapse blog,

After a series of stunning declines through the month of January and the first half of February, global financial markets seem to have found a patch of relative stability at least for the moment.  But that does not mean that the crisis is over.

While we would be the first to admit that we disagree with Jeffrey Sachs on virtually every other issue, on the topic of Hillary Clinton, the ongoing Syria bloodbath which has come to define the geopolitical situation for the past 3 years, and how this is an event that would  "surely rival Watergate in shaking the foundations of the US establishment" if the truth were fully known, we agree 100 percent. 

Hillary Clinton and the Syrian Bloodbath, by Jeffrey Sachs, originally posted on HuffPo