United States

Having gotten virtually none of his "surprise" forecasts for 2016 right - among which that the S&P will decline (after it was supposed to rise by 15% in 2015 when it closed red for the year), the 10Y will not rise above 2.50%, Hillary Clinton will defeat Ted Cruz in the presidential election, Democrats will gain control of the Senate, Chinese growth drops below 5% as the country's banks "get in trouble", crude oil remains in the $30s, and global growth falls to 2% (he did correctly predict just one rate hike, and the continuation of the European refugee crisis), today

President Vladimir Putin has been warned he is doomed to failure in Ukraine and that 2017 will be a year of aggression against Russia. War mongering US senators John McCain and Lindsey Graham told a crack team of marines in Ukraine that “2017 will be the year of offense” promising to defeat Putin on Eastern European battlefields. McCain warned “In 2017 we will defeat the invaders and send them back where they came from.

Submitted by Rick Sterling via Strategic-Culture.org,

Submitted by Patrick Buchanan via Buchanan.org,

In retaliation for the hacking of John Podesta and the DNC, Barack Obama expelled 35 Russian diplomats and ordered closure of their country houses on Long Island and Maryland’s Eastern shore.

Foreign Minister Sergei Lavrov warned that 35 U.S. diplomats would be expelled. But Vladimir Putin stepped in, declined to retaliate at all, and invited the U.S. diplomats in Moscow and their children to the Christmas and New Year’s party at the Kremlin.

Morgan Stanley's Adam Parker has undergone an epistemological catharsis of sorts in the past year: having called 2013-2015 largely accurately, 2016 threw him for a loop, when he entered the year bullish, only to turn bearish, and then to flip again (along with most other sellsiders) shortly after the Trump victory.