Authored by Pater Tenebrarum via Acting-Man.com,
Read Part 1 here...
Contradictory Signals
Special antennae that help traders catch upcoming opportunities. Available from the same outfit that sells the soup-cooling spoon (Acme Inc).
Dow futures are up some 80 points this morning after early on Wednesday morning the Senate passed the Tax Reform bill in a party-line vote, and is now set to become law after a follow-up vote in the House and Trump's signature some time on Wednesday afternoon. The good news is that the biggest political drama of 2017 will then be over. The bad news is that once the bill becomes law, the market will no longer be able to "price it in" every single day as it has for the past year.
Authored by MK Bhadrakumar via The Asia Times,
In the annals of Russian-American relations, it is difficult to recall a precedent for the Kremlin leader calling his White House counterpart to convey his personal gratitude and appreciation for the profound contribution made by the US’ Central Intelligence Agency and its director to Russian national security.
The great irony is that the incumbent Kremlin boss is a former KGB officer. Vladimir Putin never ceases to surprise.
Authored by Paul Craig Roberts,
What do we make of Trump’s national security speech?
First of all, it is the military/security complex’s speech, and it is inconsistent with Trump’s intention of normalizing relations with Russia.
Authored by Lew Rockwell via Mises Canada,
As the financial crisis of 2008 took shape, the policy recommendations were not slow in coming: why, economic stability and American prosperity demand fiscal and monetary stimulus to jump-start the sick economy back to life. And so we got fiscal stimulus, as well as a program of monetary expansion without precedent in US history.