US equity futures and Asian stocks were unchanged while European stocks declined after touching the highest level in almost a year, as Italian and Spanish banks dragged indexes lower. The dollar eased back from 14-year highs as bond yields fell on Wednesday and oil extended its advance in increasingly thin trading.
Submitted by Tsvetana Paraskova via OilPrice.com,
Heading into the New Year with oil prices above US$50, both OPEC and the U.S. shale industry are claiming victory in the latest oil war battle - and both expect to benefit from higher prices, but there can really only be one winner here.
Submitted by Jeff Thomas via InternationalMan.com,
In 2007, Vladimir Putin spoke at the 43rd Munich Conference on Security Policy. Far from being a diatribe, Mister Putin spoke eloquently and without the bluster that we tend to expect from political leaders.
Submitted by Mac Slavo via SHTFPlan.com,
Military, police and homeland security units have all long been preparing for riots and widespread civil unrest during a prolonged collapse.
What is the anatomy of a breakdown?
In the weeks since Donad Trump was elected president, US financial stocks (and energy companies) have soared with all eyes on Dow 20k. However, across the world's capital markets, investors have lost a combined $1.2 trillion in debt and equity values, as the bond losses have outweighed stock gains dramatically (especially post-Fed). The question is - what happens next?
The drop in global debt and equity values in Q4 2016 is very reminiscent of the drop into 2015's Fed rate hike... which did not end well...