United States

Authored by Kevin Muir via The Macro Tourist blog,

By Chris at www.CapitalistExploits.at

Menopause, I'm told, is horrible.

Men don't know too much about it, and thankfully I've not been exposed to it... yet. One minute you're hand in hand on the beach with your sweet adoring wife and the next she's a sobbing wreck who wants to stab you in the thigh with a pair of knitting needles.

This is probably just how Qatar feels right now.

In the Fed's latest Flow of Funds report, today the Fed released the latest snapshot of the US "household" sector as of March 31, 2017.

The American Catastrophe

Paul Craig Roberts

This is my quarterly call for your financial support. Remember, this is your website.

This website was launched 5 years and 4 months ago on New Year’s Eve, 2011. Here is the inaugural column: http://www.paulcraigroberts.org/2011/12/31/the-outlook-for-the-new-year/ The inaugural column remains an accurate description of the American Catastrophe.

So far "Triple Threat Thursday" has been a dud. In the day with the greatest concentration of market-moving risk events so far in 2017, market action - at least for the time being - has been a whimper, with European stocks and US futures modestly higher ahead of the ECB’s rate decision and Comey's testimony (which has now been fully publicized, removing much of the risk), as the U.K. voting is underway. Asian stocks fell led by a decline in Japan as the yen first strengthened, only to tumble later in the session.