Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity,
Now that the defeat of ISIS in Syria appears imminent, with the Syrian army clearing out some of the last ISIS strongholds in the east, Washington’s interventionists are searching for new excuses to maintain the illegal US military presence in the country.
Their original rationale for intervention has long been exposed as another lie.
Just days after the conclusion of Russia's largest military exercise ever (which US military chiefs believe broke 'observer rules') and NATO's massive war games, Pravda reports a recent Russian Defense Ministry report says that Russia is preparing for the possibility of a military conflict with NATO countries.
It's deja vu all over again.
In a repeat of yesterday's session, where US equities and the dollar levitated in a one-way trade, Tuesday's muted session - where in addition to closed China and South Korean markets, Germany's Dax is also shut for holiday - has seen early dollar and European equity strength, while the S&P is set for new record highs amid higher E-minis and a VIX that is again lower after 5 consecutive days of declines.
Is it QE or is it earnings?
Authored by Christoph Gisiger and Mark Dittli via Finanz Und Wirtschaft,
Howard Marks, Co-Chairman of the US investment firm Oaktree Capital warns that valuations in the financial markets are uncomfortably high and that investors are acting too complacent.