Le Pen's Chief Of Staff, Bodyguard Detained By Police

French police have detained two of Marine Le Pen's closest aides: her bodyguard and chief of staff,  for questioning over alleged misuse of European Union funds to pay parliamentary assistants, Le Pen's lawyer said.

Could Trump's Immigration Ban Cause Another Housing Crash?

"If Trump gets the immigration plan he wants, the housing market will get hit harder than any other. If millions of people get deported and more people don’t come in to take their place, then you’ll have downward pressure on home prices, especially in urban areas."

Dazed & Confused... Treasury Buying Versus Asset Valuations?

"I'm dazed & confused...economists and the consensus all acknowledge 2001 and 2007 were low interest rate, debt driven financial and economic bubbles.  However, somehow today's even lower interest rate environment resulting in an additional $9.5 trillion in equity valuation from the last bubble peak...this one is legit and isn't a bubble???"

Iran Warns US: "The Enemy Will Receive A Strong Slap In The Face"

"The message of these exercises ... for world arrogance is not to do anything stupid," said General Mohammad Pakpour, head of the Guards’ ground forces. "The enemy should not be mistaken in its assessments, and it will receive a strong slap in the face if it does make such a mistake."

Bank of America Clients Sell Stocks For The First Time Since The US Election

According to the latest weekly BofA client data, "smart money" investors have finally tempered their euphoric optimism, and last week during which the S&P 500 climbed to another new high, BofAML clients took advantage of the surge in "greater fools" and turned net sellers of US equities for the first time since the week prior to the US election in early November.

Hands Of Kim Jong Nam's Killers Were "Coated With Mystery Poison"

As the Malaysian police pieces together the clues of last week's dramatic assassination of Kim Jong-Un's brother, in a press conference this morning officials said that the two women suspected in the fatal poisoning attack were trained to coat their hands with toxic chemicals, then wipe them on his face,

Frontrunning: February 22

  • Euro Slips, Bonds Gain as Investors Turn Cautious (BBG)
  • Fed Minutes Could Offer Hints on Timing of Rate Rises, Balance Sheet Moves (WSJ)
  • Trump's new security advisor differs from him on Russia, other key issues (Reuters)
  • Tillerson, Kelly Head to Mexico for Talks Amid Diplomatic Tensions (WSJ)
  • Why Trump’s Immigration Crackdown Could Sink U.S. Home Prices (BBG)

Blow Out In German 2Y Bonds Sends Yield Crashing To Record Low As Political Fears Grow

The ongoing scramble for German safety away from French political uncertainty, has led to yet another blow out day for German 2 Year Schatz, with the yield tumbling to a fresh all time low of -0.92%, as Eurozone breakup concerns have spread from the bond market, and are now pressuring the euro sending the EURUSD below 1.05 for the first time in over a month.

European Rally Fizzles, S&P Futures Turn Red As USDJPY Slides, Bunds Strongly Bid

What started off in familiar fashion, with Asian stocks rising, and Europe hitting multi-month highs and US futures in record territory has stumbled in recent minutes following a continued rush for safety in short-dated German Bunds (the 2Y is now trading at -0.92%) and ongoing selling in the USDJPY, which has pushed Stoxx 600 back to unchanged, and S&P futures to modestly red for the session.

Gallup Finds Americans' Hostility To Russia Soared After Obama's 2012 Re-Election

No other nation has plunged even nearly as steeply in Americans’ favorability as did Russia, during Obama’s second term. What is especially important to note regarding the plunge in Americans’ approval-rating for Russia is that it didn’t occur only after, but started well before, those events in Ukraine in 2014; it started at the very end of Obama’s first term, in 2012.

Swedish Mainstream Media Is "Hiding The Full Picture": Trump Is Right About Immigrants

"...migration, mainly from the middle east, is changing Sweden a lot... yes, i would say [Trump] is correct. This is based on what i see myself, but also what different police officers tells me and other officials working with issues related in one way or another to immigration... This is the biggest problem Sweden is facing today."