Ever get the feeling that the market has become frustratingly fast in responding to new information, with violent swings in either direction coming ever faster even if ultimately the "BTFD" mentality always seems to prevail? Well, it's a fact.
In what is an almost complete reversal of Trump's immigration executive order, which temporarily banned the entry of refugees and citizens from seven mostly Muslim nations into the US, moments ago the Department of Homeland Security announced that "in accordance with the judge's ruling, DHS has suspended any and all actions implementing the affected sections of the Executive Order entitled, "Protecting the Nation from Foreign Terrorist Entry into the United States."
Iran does appears to not be taking Trump's escalating threats too seriously, because just one day after the US imposed restrictions on 25 Iranian individuals and entities in response to a ballistic missile test last week (a move which provoked Tehran to answer by saying it would disclose the names of US individuals and companies involved in "helping and founding" terrorist groups), Iran carried out more missile tests during a military exercise on Saturday.
The Pentagon has awkwardly removed a 10-year-old video from its website after trying to pass it off as new evidence that a full-scale United States invasion of Yemen is not only justifiable but is in the interests of ordinary Americans.
UK authorities could arrest US journalists and whistleblowers who criticise the British government, according to reports. The UK Law Commission is attempting to change the UK’s Espionage Act to prosecute foreigners who “leak confidential information” which damages national security. Infowars.com reports: “Foreigners who leak information overseas that damages British national security could also be prosecuted in the UK for the first time,” the Telegraph reported.