headlines

headlines

Congress May Enact "Bolt And Wire Cutter Sanctions" On Russia After Putin Threatens Underwater Internet Cables

Air Chief Marshal Sir Stuart Peach warned Russia could in an instant end 97% of global communications capabilities and disrupt trillions in daily financial transactions, ushering in a "catastrophic" economic collapse, as the roughly 200 international undersea network cables are under imminent threat. Peach said that Russia's modernized Navy constitutes a “new risk to our way of life.”

Weekend Reading: Ignorance Is No Excuse

The “tax bill cometh.” According to the press, this is going to be the single biggest factor to jump-starting economic growth since the invention of the wheel... but “ignorance is no excuse.”

European, Asian Stocks Slide But US Futures Rebound As Tax Deal Fears Ease

U.S. equity index futures point to a higher open, having rebounded some 10 points off session lows with the VIX stuck on the edge between single and double digits, while European and Asian shares decline as investors assess central banks’ shift toward tighter monetary policy and concern over tax overhaul ahead of final plan. 

South Korea Braces For Terrorism At The 2018 Winter Games

It’s difficult not to empathize with South Korea right now: The country is preparing to host the Pyeongchang winter games in February – a moment of immense national pride – as the risks of a terrorist attack (not to mention nuclear annihilation) have intensified.

All Of A Sudden, Fascists Are Everywhere In Italy

"Every Italian is therefore duly warned: if next elections bring defeat to the present never-elected center-left coalition and all their 'veterans', Fascism is assured to be back in Italy, just waiting outside the door."

Stocks Pop After Cornyn Suggests Tax Bill Deal "Possible" Today

Despite numerous headlines indicating a tax bill deal early next week, Republican Senator John Cornyn just told media that there "may be a tentative tax bill deal today." Algos liked the news and immediately bid stocks higher (despite no knowledge of what is in the 'deal').