Hillary Clinton's Axis Of Evil

Let’s cut to the chase; Hillary Clinton is ready to go to war against Russia in Syria – with inbuilt, potentially terrifying, thermonuclear consequences. Anticipating an outcome of the US presidential election as a remix of the 1972 Nixon landslide, Hillary has also coined, George “Dubya” Bush-style, a remixed axis of evil: Russia, Iran and “the Assad regime”.

Global Stocks Tumble To Three Month Lows As China Fears Return

Remember when two weeks ago the China Beige Book warned that "It’s A Lot More Negative Than People Think" in the world's second biggest economy? Well after months of complacency about the Chinese economy and financial risks emanating from its $35 trillion financial sector, overnight the world got a rude awakening when China export figures tumbled, signalling a deeper slowdown than many anticipated just as the Fed prepares to raise interest rates.

Global Stocks Pressured By Weak Earnings, Rate Hike Concerns; Pound Jumps

Global stocks are pressured this morning after a plunge in the Thai stock market and currency on concerns about the king's health and Fed hikes coupled with some more bad news out of Samsung which cut profit estimates by a third, while European stocks are suffering after Swedish telecom giant Ericsson issued a profit warning, sending its shares plunging 17%.

Ballistic Missiles Fired By Yemen Rebels At Saudi Arabia Land Near US Destroyer

Two missiles fired from rebel-held territory in Yemen landed near an American destroyer in the Red Sea, the U.S. Navy said Monday, the second such launch targeting ships in the crucial international waterway in recent days. AP reports that the missile launches Sunday came as a ballistic missile fired from Yemen apparently targeted a Saudi air base near the Muslim holy city of Mecca, the deepest strike yet into the kingdom by Shiite rebels and their allies.

Surprise Poll Finds Vast Majority Of Republican Voters Support Trump After "Lewd Comments"

Has the Trump tape had any impact where it really counts, the rank-and-file Republican voters? The answer, perhaps not surprisingly, is a resounding no. According to a new poll released this morning by Politico/Morning Consult, a vast majority of Republican voters is standing behind Donald Trump after the so-called "campaign imploding" tape scandal, as almost three-quarters of Republicans, or 74%, said GOP leaders should still back Trump.

BofA Says It Has Found Evidence Of An "Imminent Recession"

"In examining some of some of our favorite indicators’ recent trends, we did find evidence for an imminent recession. While the range of signals is wide, in aggregate they do suggest that, if data were to continue to weaken in line with the recent pace, history would point to a recession in the second half of 2017"

Brexit Means March: Theresa May Will Trigger EU Divorce In Q1 Of 2017

After weeks of speculation on the UK's timetable for invoking Article 50, and eventually exiting the EU, Prime Minister Theresa May today announced she’ll begin the U.K.’s withdrawal from the European Union in the first quarter of 2017, ending speculation about the start of the 2-year Brexit process.

The Central Bank Power Shift From West To East, Game Of Thrones Style

The Fed clings to status quo. Other central banks are vying to knock it down, or at least loosen its grip on them. But the Fed behaves as if it has no idea there are other powerful central banks that want to grab and harness its power. It carries on refusing to acknowledge that there may come a time, sooner rather than later, where its power is attacked. The ramifications of such an attack will impact the standing of the U.S. in the world.  The Fed can carry on being oblivious, but Game of Thrones illustrates the struggles playing out right now.