The Federal Reserve has pursued the unprecedented monetary policy of lowering rates to zero and increasing their portfolio from 500 billion to over 4 trillion. But as the Fed reminds us, there is a cost.
As it dawned on markets that they had been caught dead wrong for the second time in half a year, first with Brexit and then with the historic election of Donald Trump, their reaction was identical: a slow selloff at first, followed by a furious dump, which led to a limit down halt in NASDAQ and Emini future trading. However, turbulence calmed as investors reassessed the effects of Donald Trump’s surprise victory in the U.S. presidential election.
"...This should all lead to a Hollywood ending though. May the "free world" be reassured; the noxious axis of Putin-Assange-al-Zawahiri-rogue FBI agents will be dismantled - to the glory of the Queen of the Perma-Smirk soon to be crowned Warmonger-in-Chief."
It appears it's not just the US voting system that has been allegedly penetrated by Vladimir Putin (at least if Trump is winning). German Chancellor Angela Merkel said on Tuesday that Russia could try to influence Germany's general elections next year through cyber attacks or disinformation campaigns, following similar accusations by Washington, which also accused the Kremlin of meddling in the US vote.
Up to 300,000 Nato troops have been put on alert amid rising tensions between Russia and the Baltic states. Jens Stoltenberg, the secretary-general of Nato, said the alliance hoped to speed up the response time of thousands of its troops to allow it to react to a combat situation more effectively.
".. all of this within two weeks of the election, puts a thumb on the political scale that will tarnish the FBI’s reputation and in my opinion, most respectfully, prevents Jim Comey from staying on as FBI director no matter which of the two candidates are elected tomorrow."
Through the website "Trump Traders," a 20-year-old biology student at got in touch with Marc Baluda, 44, a Republican corporate lawyer in California who opposes Trump's candidacy and planned to vote for Democratic nominee Hillary Clinton. Tens of thousands of voters, the vast majority seeking to prevent a Trump presidency, have signed up on "vote-swapping" exchanges in advance of Tuesday's Election Day.
White House spokesman Earnest said he was "not prepared to defend nor criticize” Comey’s decision to announce on Sunday not to charge Clinton, and said that the White House was not given advance notice of FBI Director James Comey’s latest announcement on the Hillary Clinton email investigation.
In what may be the final release of Podesta emails, moments ago Wikileaks dumped another 3,213 emails in its 33rd release of Podesta Emails, bringing the total number of emails released to 55,694 less than a day before the presidential election.