Submitted by Daniel Lang via SHTFPlan.com,
The United States military is without a doubt the most technologically advanced force on the planet, and has been since at least World War II. Most Western nations are likewise, heavily dependent on advanced technology. When the West wins wars, it’s not because of moxy or numbers or cunning. It’s because we can detonate our enemies from miles away on a whim.
Carbon-based traders of a certain vintage - which excludes today's 20-year-old hedge fund managers - may recall a time when a 15x P/E was considered "fair." Not any more. In fact, according to a new analysis by Barclays' equity strategist Keith Parker, which tries to factor in so-called "animal spirits" as a driver of valuation has found that 20x P/E is perfectly normal and fair for the current market, further demonstrating just how deep into the goalseeking rabbit hole US capital markets have fallen.
By Chris at www.CapitalistExploits.at
I was recently sent a research piece by one of my LPs.
The piece was from the principal of a well known hedge fund and this particular manager has grave concerns for the US stock market. In the article to clients he laid out all the reasons why fundamentally none of it makes much sense. I can't and won't disagree with the primary analysis.
He's not the only one.
The "Russia hacked the US election" is getting its second wind.
One day after Reuters provided further details of the ongoing FBI probes - of which there are now reportedly three - into activities that are generally classified as the Kremlin's hacking of the US presidential election, the Senate Intelligence Committee has likewise escalated its probe into Russian interference, and is requesting that agencies preserve all materials that could tie into the committee's investigation into Russian interference in the 2016 presidential election.
When asked which military power they’d want fighting on their side if attacked, citizens of four NATO nations said they would choose Russia. A Gallup poll has revealed that citizens of Greece, Turkey, Bulgaria and Slovenia would rather have Russia defending them than the US, reflecting changing perceptions of the United States role in global security. RT reports: Between October and December 2016, WIN/Gallup International asked around a thousand people in 66 countries who would be their go-to ally if attacked.