SWIFT

Stocks Dazed After Trump NAFTA Flop, Tax Plan Disappointment; ECB Looms

European shares are lower, pressured by disappointing results by Deutsche Bank and ending a six-session gain, as Asian equities and S&P futures were little changed after a record-setting rally in world stocks which pushed the MSCI World index to over $50 trillion yesterday, fizzled after Trump released unconvincing tax cut plans prompting traders to "sell the news" while caution set in as the ECB met.

Distracted Nation "Buys The Dip"

The military frolics of spring have distracted the nation’s attention from the economic and financial dynamics that pose the ultimate mortal threat to business as usual.

Lawmakers Demand Trump Pump Brakes On Military Action In Yemen

As conflict swirls over the recent U.S. bombing in Syria, more than 50 bipartisan lawmakers have demanded President Donald Trump seek approval from Congress before expanding U.S. military action in another Middle East theater: Yemen.

United CEO Defends Staff's Violent "Reaccomodation" Of "Belligerent" Passenger

In a letter to employees, United CEO Oscar Munoz said he was "upset to see and hear about what happened," but defended his staff's actions because the passenger had been "disruptive and belligerent." It seems not acquiescing to a computer's decision to select you for 'reaccomodation' is "disruptive" and warrants violence?

So Many Triggers

The question is not “if” but “when.” In the end, it will matter little which trigger it will be, as, like a string of firecrackers, when one explodes, a chain reaction is set off.

Populism In Our Time - "The Status Quo Is The Fundamental Problem"

"Reality ultimately resides in popular will, not in the narrative wealth-funded institutions foster. Diverse societies with a plurality of political ideals, social mores and economic goals are great. We should all watch out when they coalesce around a general sense of helplessness."

US Preparing Sanctions Against Syria

Just hours after unleashing a missile strike on Syria, Steven Mnuchin announced that the US will announce sanctions “in the near future” against the Assad regime.