SWIFT

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. 

Global Stocks Rebound From Overnight Lows, On Edge Ahead Of Trump-Xi Meeting

S&P futures are little changed at 6am ET, trading at 2347.55 and paring an earlier 0.4 percent drop, on the back of the USDJPY ramp which for the second day in a row has emerged alongside the European open, soothing concerns about the Fed's balance sheet reduction and "some" Fed officials warning that stocks have gotten expensive. While Asian stocks fall in early trading, European bourses rebounded from session lows alongside the S&P and USDJPY.

Why The Market's "One-Sided Stability" Is Becoming Increasingly Dangerous: Deutsche Explains

"Tthe existing local stability is likely to be more problematic due to its self-reinforcement – the longer it persists, the higher the risks will become. The one-sided positioning that accumulated since the election now threatens to evolve into a latent condition that mkes markets vulnerable to event shocks. We believe that despite considerable local stability, the market is vulnerable to a risk off trade."

Africa's Gate To Europe: Operation Husky, Again

"Welcome to the new Italy, where the replacement of the original population, once known as Italians, is in full swing. Only a few years ago this affirmation would have caused sarcastic disbelief, now is the reality in front of our eyes."