United States

US Senator Ben Cardin Tries to Make Criticism of Israel a Felony

The moronic Democratic Senator Ben Cardin of Maryland sponsored a bill handed to him by the Israel Lobby despite having no idea what was in it. The bill obliterates free speech in the US. This shows you who is represented in the US Congress. Most certainly it is not the American people. https://theintercept.com/2017/07/25/cardin-amend-israel-boycott-bill-bds/

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S&P futures were fractionally higher (+0.1% to 2,476) with all eyes on the Fed's rate decision as investors await another earnings deluge from companies including Facebook, Coca-Cola and Boeing. Asian and European shares were also higher, prompted by momentum from the latest US record high; the Dollar rebound continued while oil rose above $48 as copper hit a two year high.

Submitted by Bill Blain of Mint Partners

Blain's Morning Porridge, July 26.

“Bankruptocracy is as much a European predicament as it is an American invention.”

Apologies for lack of comment y’day, but my computer decided to auto-destruct just as I about to send it out. Despite many reports saying markets are now in full holiday season, there’s still plenty of serious stuff still going on, and some subtle shifts in direction to figure out.

Authored by Alex Gorka via The Strategic Culture Foundation,

The White House indicated that President Donald Trump is preparing to sign a sweeping Russia sanctions measure, which the House took up last night, that requires him to get Congress' permission before lifting or easing the economic penalties against Russia...

Authored by Eric Zuesse via The Strategic Culture Foundation,