Gartman: "We Are Now Short Of One Unit Of The US Equity Market"
So much can change in ten days.
So much can change in ten days.
After five consecutive daily losses on the MSCI world stock index and seven straight falls in Europe, there was finally a bounce, as investors returned to global equity markets in an optimistic mood on Thursday, sending US futures higher after several days of losses as global stocks rebounded following a Chinese commodity-driven rout.
Was Brexit also Putin’s fault?
The simmering anti-Russia hysteria that has emerged in the UK recently has finally boiled over, and it appears last night’s story in the Times of London claiming that a swarm of Twitter bots reportedly created by a troll farm possibly linked to Russian intelligene (sound familiar?) posted more than 45,000 messages about Brexit in 48 hours during last year’s referendum to try and “so discord” among the public was the grain of rice that tipped the scale.
Authored by Andrei Akulov via The Strategic Culture Foundation,
The EU on Nov.13 officially launched a new era in defense cooperation with a program of joint military investment in equipment, research and development, known as permanent structured cooperation, or PESCO.
Foreign and defense ministers gathered at a signing ceremony in Brussels to represent 23 EU governments joining the pact, which is to become legally binding when signed by heads of state at EU summit in mid-December.
Authored by Brandon Smith via Alt-Market.com,
For years now, I have been warning about the relationship of interdependency between the U.S. and Saudi Arabia and how this relationship, if ended, would mean disaster for the petrodollar system and by extension the dollar's world reserve status.