United States

At the same time that Obama made history on May 27, when he became the first standing US president to visit Hiroshima, protests were taking place in Japan after a former marine working at a US military base in Okinawa was arrested by the Japanese police for allegedly killing a Japanese girl in April. Then overnight, an American sailor was arrested on suspicion of drunken driving and causing a crash on the Japanese island of Okinawa, in the midst of a month-long curfew placed on U.S. service members after the arrest of an American contractor on murder-related charges.

In the past month, not a day has passed without some major sellside firm (yes, that also now includes traditional bull Goldman Sachs) releasing its bearish take on deteriorating fundamentals, and urging clients to not only not buy the rally but sell into it (and as both retail and "smart money" flows indicate, this advice ha been heeded). Today it's JPM's turn. In the latest note is out of JPM's Mislav Matejka, the equity strategist presents five reasons why "upside for stocks is limited" due to numerous reasons but mostly because "global activity momentum is failing to pick up."

US Government Intentionally Destroyed 9/11 Evidence

If the story that the US government told us about 9/11 were true, why did the government destroy the evidence, lie to the 9/11 Commission, and prevent a real investigation?

Not only is support growing in the United States for candidates that are perceived to be 'outside of the establishment', and recently and very notably in Austria, Germany and France, but as of today, in countries such as Italy.

Every ugly nonfarm payrolls has a silver lining, and sure enough following Friday's disastrous jobs report, global mining and energy companies rallied alongside commodities after the jobs data crushed speculation the Fed would raise interest rates this month.  “The disappointing U.S. jobs report on Friday means that a summer Fed rate hike is off the table,” said Jens Pedersen, a commodities analyst at Danske Bank. “That has reversed the upwards trend in the dollar, supporting commodities on a broader basis.