In a mostly quiet Wednesday session, Asian stocks rose overnight along with European bourses, which were led higher by miners after Rio Tinto posted higher profits for the first time in three years and a bigger-than-expected dividend, while India’s Sensex extended declines after the central bank unexpectedly left rates unchanged. US futures were little changed as oil continued to fall after API reported a huge inventory build
"Our problem is not called Donald Trump. And we need to stop pretending that it is. We are the problem. We allow our governments to tell our armies to bomb and drone innocent people while we watch cooking shows. We have believed, as long as we’ve been alive, whatever the media feed us, without any critical thought...The longer this braindead attitude prevails, the worse things will get..."
"It totally undid me that he could vote for Trump... I felt like I had been fooling myself... I don't see this ever being fixed... once they found out I had voted for Trump the stuff started flying..."
For the umpteenth time, the IMF has warned that Greece cannot meet fiscal targets set by its creditors. And once again, the IMF insists that it will not be a part of the “Troika” unless the goals on Greece are realistic. History suggests the IMF will cave in to Germany and agree to some half-baked plan (make that 1/8th baked plan) that will supposedly put Greece back on track. Such nonsense has been going on for years. Mercy, Please!
If Donald Trump continues Obama’s course on this, instead of publicly acknowledging that it was founded upon the lies that Crimea’s becoming again a part of Russia constituted ‘conquest of land’, then we’re still heading toward World War III, and doing it on the basis of American lies.
Are we really supposed to believe that this time is any different? Are we really supposed to believe that the US government can continue to indefinitely lose $1 trillion dollars per year without consequence?
"The new U.S. president says Iran should thank Obama! Why?! Should we thank him for [creating] ISIS, the ongoing wars in Iraq and Syria, or the blatant support for the 2009 sedition in Iran? He was the president who imposed paralyzing sanctions on the Iranian nation; of course, he did not achieve what he desired. No enemy can ever paralyze the Iranian nation."
Greek 2Y bond yields soared, approaching 10% for the first time since September 2016, as an increasingly bitter fight between the nation’s creditors over its fiscal targets raised concerns it is running out of time to complete yet another review of its bailout program, and even sparked concerns a 4th Greek bailout may be in the offing.
"We never get ahead of what’s happening in these countries...Don’t you see? Immigration can never be an effective or significant way to deal with the suffering people of the world... they have to be helped where they live..."