Belgium

A Europe We Can Believe In

"In this moment, we ask all Europeans to join us in rejecting the utopian fantasy of a multicultural world without borders. We rightly love our homelands, and we seek to hand on to our children every noble thing that we have ourselves received as our patrimony..."

Foreigners Splurge On US Stocks: Buy Second-Most US Equities In 8 Years

Of the $61 billion in net long-term securities purchased by foreigners in September, almost half - or $26 billion - was equities. This was the highest monthly total of US stocks purchased by foreigners since July 2016, and the second highest going all the way back to July 2009.

EU "Values" Fit Poland Like 'The Saddle Fits The Cow'

"A thirty-six million person nation in the heart of Europe (i.e. with a population approximately the size of Spain’s) is throwing down the gauntlet to the EU establishment and its view of European unity based on cultural and religious indifference and anti-nationalism."

How The Fed Destroyed The Functioning American Democracy And Bankrupted The Nation

"...a functioning democratic republic is premised on a simple agreement that We (the people) will freely choose our leaders... The intervention of the Federal Reserve into that equation, controlling interest rates, outright purchasing assets, and plainly goosing asset prices has introduced a cancer into the nation which has now metastasized."

Global Stocks Drift Lower As US Futures Rebound From Overnight Scare, Oil At 2 Year Highs

Following an early shaky start, which saw the Hang Seng tumble as much as 1.6% driven by weakness in financials and real estate names following the latest warning by PBOC governor Zhou about "sudden, complex, hidden, contagious, hazardous" risks In markets and a decline in local real estate prices, and pressure global risk, US equity futures have recouped all losses and are back to unchanged on monday morning.

Preparing For EU Collapse

If there is one thing the Spain vs Catalonia conflict reminds us of, it has got to be Turkey. And that is a much bigger problem for the EU than it realizes.

Frontrunning: October 31

  • Mueller’s Moves Signal Broad Scope (WSJ)
  • Spain awaits next move by ousted Catalan leader from Belgium (Reuters)
  • China, South Korea agree to mend ties after THAAD standoff (Reuters)
  • For Manafort, Questionable Airbnb Sublets Became a Family Affair (BBG)
  • U.S. business group worries Trump unprepared for commercial talks with China (Reuters)