Globalization Is Poverty: "The Endgame Is Painfully Obvious"

"The world’s central bankers’ club is set to get new leadership soon... but there is no sign that the economic religions they adhere to will be replaced, it’ll be centralization all the way, and if that fails, more centralization...The endgame of that process is painfully obvious way in advance."

US-Backed Forces Declare Victory Over ISIS In Raqqa

A coalition of US-backed Arab and Kurdish fighters has declared victory over ISIS in Raqqa, reclaiming the terror group’s de facto capital for the first time since ISIS first rose to prominence in 2014...

Spain Constitutional Court Declares Catalan Referendum Void

While it will hardly come as a surprise to anyone following recent events in Spain, moments ago the country's Constitutional Court said on Tuesday the referendum law passed by the Catalan government Sept. 6 to hold a vote on independence was void

Import & Export Prices Jump As Fuel Costs Spike

Both import and export prices beat expectations in September rising 2.7% and 2.9% YoY respectively. Petroelum import costs soared 4.5% MoM (and up 20.1% YoY) and Industrial Supplies export prices jumped 3.0% MoM driving the resurgence in import and export prices.

Critical Threats To 2017's Bull Market - Part 1: Macro View

While the idea that anything could go wrong in global stock markets (especially US markets) is simply incomprehensible to most, here are a few of the more prescient 'known unknowns' that could hamper the meltup for the rest of the year...

The Cost Of Delusion - Asset Prices & Monetary Policy In An Irrational World

"The lesson for investors is that much of the picture presented today in prices for various assets classes is an illusion foisted upon us all by reckless central bankers. Yellen and her colleagues seem to think that they can spin straw into gold by manipulating markets and asset prices..."

Spanish F-18 Jet Crashes Outside Madrid; Pilot Killed

Another military jet, this time an F-18 fighter belonging to 12th Wing of the Spanish Air Force, crashed near the Torrejon military base outside Madrid on Tuesday, killing the pilot in the second fatal accident involving a Spanish military jet in the past week.

US Deploys Special Forces "Decapitation" Team To South Korea

A unit of U.S. special forces tasked with carrying out "decapitation" operations is aboard a nuclear-powered submarine that has been deployed to the massive joint US-South Korea naval drills which started today, according to South Korea's Yonhap.

Get Ready For A New Chernobyl In Ukraine

With the onset of winter and the increasing strain on Ukraine’s energy system, the threat of a new nuclear disaster in Central Europe is becoming more than just a theoretical danger...