8.5%

Geopolitical Tensions Are Designed To Distract The Public From Economic Decline

"...there will come a time, probably sooner rather than later, when the piper will have to be paid and someone will have to take the blame for our fiscal non-recovery...I do not see the timing of heightened geopolitical tensions in 2017 as coincidental. It appears to me that these events are perfectly organized with maximum distraction in mind as we hit the top of perhaps the most massive stock and bond bubbles in modern history."

Auto Stocks Crushed As Autoliv Slashes 2017 Growth Forecast In Half

After seemingly ignoring a whole host of a negative data points over the past several months, from collapsing sales volumes and soaring inventories levels to crashing used car prices, auto investors apparently couldn't see their way to ignoring Autoliv's abysmal earnings this morning.