S&P futures are little changed this morning, while Asian shares rise and European stocks (+0.5%) are poised to snap a five-day losing streak amid a broad-based rally. The pound declined as better-than-expected manufacturing data failed to offset political risk before the impending election, while crude oil gained.
Authored by Brian Cloughley via The Strategic Culture Foundation,
The American guided missile destroyer USS Dewey was reported as having carried out a ‘freedom of navigation operation’ or FONOP in the South China Sea on May 24. According to the US Naval Institute the undertaking involved manoeuvres «within 12 nautical miles of Mischief Reef for about 90 minutes zig-zagging in the water near the installation. At one point during the operation, the ship’s crew conducted a man overboard drill».
Authored by Brandon Smith via Alt-Market.com,
Back in October of 2016 I covered an issue which I have been very concerned with for over a year now. In an article titled Global Elites Are Getting Ready To Blame You For The Coming Financial Crash, I outlined the basis for my belief that Donald Trump would win the U.S. election and why the U.K. Brexit was allowed to meet with success. Here is a quote from that article to give you a general sense of my position:
Via Horseman Capital's Russell Clark,
“The upshot of this is that gold looks better than treasuries. However, it should be pointed out that this does not mean gold is a buy. It only states that gold could do better than treasuries in these market conditions.”
Earlier today Hillary Clinton offered up what some have described as one of the most delusional interviews of all time at Recode's CodeCon conference, in which she blamed everything and everyone, including but certainly not limited to: FBI Director Comey, "1,000s of Russian agents", right-wing media outlets, Russia, sexism, WikiLeaks, Russia, a funding deficit at the DNC, the New York Times (yes, the NYT) ...oh, and Russia, for her 2016 election loss. And while she certainly "takes responsibility" for every decision she made, Hillary desperately wants you to understand that's not w