How Do You Spell 'Relief'?
Authored by Lance Roberts via RealInvestmentAdvice.com,
In this past weekend’s newsletter. I discussed the potential for the market to hit new highs. To wit:
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North Korea Doubles Down On Threat Of "Greatest Possible Pain And Suffering" After Latest UN Sanctions
You've probably heard this one before.
World Stocks Hit Fresh Record High As Irma, Korea Rally Continues; Pounds Surges
World stocks hit new record highs on Tuesday amid a continuation of Monday's risk-on theme which unleashed a dramatic relief rally on easing North Korea tensions and signs that Hurricane Irma caused less damage than feared (which according to Keynesians should be GDP negative). The MSCI All-Country World Index gained 0.2%, hitting the highest on record with a fifth consecutive advance.
The United States Of Hubris
Authored by Antonius Aquinas,
If anyone should have any questions about whether the United States of America is not the most aggressive, warlike, and terroristic nation on the face of the earth, its latest proposed action against the supposed rogue state of North Korea should allay any such doubts.
United Nations Unanimously Approves New Sanctions On North Korea
The UN Security Council has unanimously voted to step up sanctions on North Korea in retaliation for the country’s recent sixth and most powerful nuclear test.