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The 'War On Terror' Has Cost American Taxpayers $250 Million A Day For 16 Years

The 'War On Terror' Has Cost American Taxpayers $250 Million A Day For 16 Years

Authored by Darius Shahtahmasebi via TheAntiMedia.org,

The U.S. government has spent a staggering $1.46 trillion on wars abroad since September 11, 2001, according to the Department of Defense’s (DoD) periodical “Cost of War” report. As International Business Times reports, this amounts to $250 million a day for 16 years consecutively.

"It's A Vicious Cycle": Goldman Abandons Equity Options Market-Making As Vol Collapses

"It's A Vicious Cycle": Goldman Abandons Equity Options Market-Making As Vol Collapses

October is historically the most volatile month of the year, but in 2017 - the average volatility of US equity markets dropped to an all-time record low...

 

... And you know something's wrong when, just like in early 2007 when the crash in vol killed the swaptions industry - just before all hell broke loose - Goldman Sachs is pulling back from U.S. options market-making on exchanges.

"The S&P Is Up 21% Since Trump's Election" And Other Market Anniversary Observations

"The S&P Is Up 21% Since Trump's Election" And Other Market Anniversary Observations

November 8 will mark the one year anniversary of one of the biggest political shocks in US history: the election of Donald Trump. Since that improbable victory, which so many experts had said would lead to a market crash, the S&P 500 has soared by 21% according to Goldman which calculates that the Trump rally so far ranks as the fourth-best 12-month gain following a presidential election since 1936, trailing only Bill Clinton (1996, 32%), John F. Kennedy (1960, 29%), and George H.W. Bush (1988, 23%).

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