Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity,
President Trump announced last week that he was returning North Korea to the US list of “state sponsors of terrorism” after having been off the list for the past nine years.
President Donald Trump stirred up yet another twitter shitstorm over the weekend when he once again slammed his favorite fake news network – CNN – for using its international arm, CNN International, to spread fake news across the world.
At the same time, the president praised Fox News, claiming his favorite news network is “much more important” in the US.
We expected widespread outrage after Trump's latest Pocahontas comment, and we didn't have long to wait.
Senator Elizabeth Warren tore into President Trump for using a "racial slur" after he cracked his latest "Pocahontas" joke during a Monday event with Navajo "code talker" veterans. She fired back at Trump, saying the event was meant to honor the sacrifice of those in attendance.
While not quite as damning as its 2018 credit forecast, Morgan Stanley's chief equity strategist Michael Wilson released his 2018 equity outlook this morning, and unlike his last full year forecast which in retrospect was surprisingly accurate, is far more contained, if not outright pessimistic. Wilson himself is quick to remark on just how much conditions have changed over the past 11 months:
Authored by Chris Whalen via The Institutional Risk Analyst,
The term “Greenspan Put” was coined after the stock market crash of 1987 and the subsequent bailout of Long Term Capital Management in 1998. The Fed under Chairman Alan Greenspan lowered interest rates following the fabled event of default and life continued.