The traditionally illiquid post-Thanksgiving week has started with a series of whipsaws across stocks and bonds, as European stocks turned positive after starting the day on the back foot, initially mirroring a slide in Chinese stocks and price action in U.S. equity futures as investors look to a possible - and absolutely critical - tax-plan vote in the Senate this week.
Authored by David Stockman via Contra Corner blog,
After the Berlin Wall fell in November 1989 and the death of the Soviet Union was confirmed two years later when Boris Yeltsin courageously stood down the red army tanks in front of Moscow's White House, a dark era in human history came to an end.
Most Americans might be forgiven for having no clue what the war in Yemen actually looks like, especially as Western media has spent at least the first two years of the conflict completely ignoring the mass atrocities taking place while white-washing the Saudi coalition's crimes.
When it comes to the most influential investment bank in the world, Goldman Sachs, its 2018 outlook is borderline euphoric despite the bank’s own explicit admission that valuations have never been higher.
Authored by Tom Luongo,
It’s been quite a week geopolitically. From Angela Merkel admitting she can’t form a coalition and calling for new elections to Syrian peace talks opening up in Astana. From the poppy fields of Afghanistan to the Syrian oil fields east of the Euphrates River there is a hint of fresh air in U.S. foreign policy emanating from the Oval Office.