In this holiday-shortened week (markets closed for Good Friday), focus turns to several inflation prints in G10 in the week ahead, with US and UK inflation data likely to get the most attention. In addition, there are a few scheduled speaking engagements by Fed officials, including a speech by Fed Chair Yellen on Monday.
While the US ambassador to the UN, Nikki Haley, and US Secretary of State Rex Tillerson seem unable to agree on what the right policy is regarding Syria and specifically Assad, with the former saying a top priority of Trump is to oust Assad, while the latter claimed over the weekend that the Islamic State is the key concern while Assad's fate and that the people of Syria should decide Assad's fate, Russia is not waiting for clarification.
Pension Crisis In U.S. and Globally Is Unavoidable
by Lance Roberts
There is a really big crisis coming.
Think about it this way. After 8 years and a 230% stock market advance the pension funds of Dallas, Chicago, and Houston are in severe trouble.
But it isn’t just these municipalities that are in trouble, but also most of the public and private pensions that still operate in the country today.
An alleged Russian hacker, Pyotr Levashov, has been detained in Barcelona at the request of the FBI, an arrest that set cybersecurity circles abuzz after a Russian broadcaster raised the possibility it was linked to the U.S. presidential election, AP reports. A spokeswoman for Spain's National Court said that the Pyotr Levashov was arrested in response to a U.S. computer crimes warrant while a spokesman for the Russian embassy in Madrid confirmed the arrest on Sunday.