Israel

France's Death Spiral

"The danger is not the National Front, which is only the expression of the anger of an abandoned people. The danger is the ever-closer links between leftism and Islamism... The danger must be stopped."

America, Crimea, And The Dangers Of Hypocrisy

The Trump administration’s stance on Crimea epitomizes the president’s rapid retreat from foreign-policy realism. But the Crimea case also illustrates a long-standing problem with U.S. foreign policy: a willingness to employ blatant double standards.

President Trump's Address To Congress: Key Highlights And Full Text

"From now on, America will be empowered by our aspirations, not burdened by our fears –- inspired by the future, not bound by the failures of the past –- and guided by our vision, not blinded by our doubts. I am asking all citizens to embrace this Renewal of the American Spirit. I am asking all members of Congress to join me in dreaming big, and bold and daring things for our country."

Evercore ISI: "Trump Budget Not Happening"

In a note by Evercore ISI's Terry Haines and Ernie Tedeschi, the analyst duo pours cold water on Trumps' budget proposal before it has been even formalized and confidently predicts that "Trump budget not happening" adding that the most likely outcome is that "Congress will modestly hike defense and nondefense spending."

Key Events In The Coming US

The main focus this week will be on President Trump's speech to Congress and Chair Yellen's speech which is the last before the blackout period. US durable goods, ISM, the BoC rate decision, EZ CPI, UK PMIs and a busy calendar in Australia & Scandinavia also coming up.