The epidemic of Russophobia makes it almost impossible to pursue normal relations. Indeed, in reaction to the constant attacks on them as poodles of Putin, the White House seems to be toughening up toward Russia...
One small problem has emerged as a Nanny State in the Pacific islands considers banning imported sugary foods to combat their obesity epidemic..."No country in the world has been able to demonstrate reductions in its obesity prevalence, so we’re not that different...It’s just that our levels are higher to start with.”
Despite US markets being closed in observance of Washington's birthday, S&P futures spiked during overnight trading, reaching new all time highs before fading some of the gains. Both Asian and European markets traded modestly higher after paring early gains.
As part of the epic, multi-year criminal investigation into the doomed IPO of Spain’s frankenbank Bankia, Spain’s national court called to testify six central bankers and one financial regulator. The previously untouchable now stand accused of authorizing the public launch of Bankia in 2011 despite repeated warnings that the banking group was “unviable.”
The Reagan 1986 tax cuts show that equities price in the benefits quickly: while the oil collapse and growth cycle were also issues in 1986, the S&P 500 rallied 40%, pricing in the tax plan before it was really even implemented in July 1987. It then crashed 40%
“I heard nothing in the speech” that was positive, Konstantin Kosachyov, who heads the Russian parliament’s foreign affairs committee, said of Pence quoted by Bloomberg. “The new American leaders have started to reproduce the negatives that accumulated under the previous administration.”
"We are approaching the point of maximum optimism and S&P 500 will give back recent gains as investors embrace the reality that tax reform is likely to provide a smaller, later tailwind to corporate earnings than originally expected."
It’s hard to overstate how much the petrodollar system benefits the US dollar. It’s allowed the US government and many Americans to live beyond their means for decades. And it’s the reason the media and political elite give the Saudis special treatment...
The future of liberty is decentralized, and will be led by smaller breakaway nations and regions where real self-determination and real consensus is not an illusion. Jefferson and Hoppe were right about democracy, but it took Trump and Brexit to show the world how quickly elites abandon it when they don’t prevail.