Germany

Poll Finds More Germans Fear Climate Change Than Terrorism

For a time back in 2015, there were widespread concerns that the spike in terrorist attacks in Germany in the aftermath of Angela Merkel's open door policy would lead to a popular wave of unrest, perhaps culminating with the unseating of Angela Merkel as Chancellor. It now appears that the Germans had more pressing concerns on their mind like... global warming.

Sabotaging Russia-US Relations For Good

"The strategy that the American deep state intends to employ to sabotage once and for all the possibilities of a rapprochement between the United States and Russia has been revealed."

Can Germany Be Made Great Again?

"Ever since the start of the deliberately conceived “migrant crisis,” orchestrated by NWO elites, the news out of Germany has been, to say the least, horrific. Right before the eyes of the world, a country is being demographically destroyed through a coercive plan of mass migration.  The intended consequences of this – financial strain, widespread crime and property destruction, the breakdown of German culture – will continue to worsen if things are not turned around."

SocGen: "Low Vol Can Misprice High Yield By Up To 30%"

"High confidence as to what an asset is worth can lead to underestimating the potential downside risks, which happens almost mechanically in high yield debt markets where asset volatility informs part of the pricing model. The implication is that high yield credit could be 30%+ mispriced as and when volatility moves back to average."

Dow Set To Open Above 22,000 As Global Stocks Levitate Higher

Welcome to August: you may be surprised to learn that S&P 500 futures are once again levitating, higher by 0.3%, and tracking European and Asian markets, with DJIA futures higher by over 100 points this morning, the Dow Jones is set to open above 22,000, a new all time high as Asian stocks hit a new decade high.

Killing Them Is Killing Us

"Does any phrase more aptly characterize the US population than 'dreadful lassitude'? The US government murders in their name. They accept its rationalizations, bread, and circuses, avert their eyes, and sink into technological and pharmacological oblivion. "

The Next Escalation: Pentagon Offers To Arm Ukraine, McCain Delighted

In what appears to be the next gambit by the U.S. Military-Industrial Complex (or "deep state" for those so inclined) to force Trump to "prove" that he did not, in fact, collude or have any ties with Russia or Vladimir Putin, Pentagon and State Department officials have devised plans to hit Russia where it hurts the most, and supply Ukraine with antitank missiles and other weaponry.

Global Stocks Rise On "Growth Optimism", Ignore Political Turmoil; Dollar, Oil Creep Higher

S&P futures rose 0.1% on the last trading day of the month, trailing European and Asian markets boosted by China's July Mfg. PMI, which despite declining from from 51.7 to 51.4, and missing expecations  of 51.5, saw the construction index rise to its highest level since December 13, sending Chinese iron ore futures surging and the European commodity sector broadly higher.

FX Week Ahead: Can The Swiss National Bank Breathe A Sigh Of Relief?

Having focused on the USD in recent weeks, and how the market has rounded on the greenback 'en masse', we can finally look to some exchange rate moves outside of the major spot rates.  Sharp losses in the CHF have shown that the big money is taking note of the recovery in the Euro zone, and that investment prospects look good as the smaller member states are gaining traction alongside the power house that is Germany.