With last Friday's "tech wreck" now a distant memory, this morning the "FOMC Drift" described yesterday, which "guarantees" higher stock prices and a lower dollar heading into the Fed announcement is in full effect, with European and Asian stocks rising for a second day, led by rebounding tech shares, while S&P futures are modestly in the green and stocks on Wall Streets hit a record high overnight.
Authored by Shannara Johnson via HardAssetsAlliance.com,
Some experts think it will be the trigger for the next financial collapse. Others call it a “national crisis” of unprecedented proportions.
But what all of them agree on is that there’s no way US pension funds can keep their promises to the next wave of retirees.
Nearly a decade after the collapse of the subprime mortgage market wrecked the US economy and ushered in one of the worst financial crises in modern history, lenders are once again courting borrows with less-than-ideal credit, the Wall Street Journal reports.
Authored by Darius Shahtamasebi via TheAntiMedia.org,
With numerous distractions unfolding on the newly released reality TV show that is “Keeping Up with the Trump Administration,” it may surprise readers to learn that the U.S. is using the terror group ISIS as a pawn in its depraved foreign policy.
Authored by Federico Pieraccini via The Strategic Culture Foundation,
In a climate of outright confrontation, even the Gulf monarchies have been overtaken by a series of unprecedented events. The differences between Qatar on one side, and Saudi Arabia, the United Arab Emirates and Bahrain on the other, have escalated into a full-blown diplomatic crisis with outcomes difficult to foresee.