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S&P Futures, Euro, Stocks Fall After Fed's Low Inflation Warning

S&P futures, European stocks and bond yields all fell in early trade alongside oil and the euro after the latest Fed minutes expressed concern over weak U.S. inflation, while Asian equities rose overnight ahead of WalMart earnings and the latest ECB minutes

Americans Are Rapidly Descending Into Madness

"... what I see happening to the population of America right now seems very troublesome and foreboding. What I’m witnessing across the board is hordes of people increasingly separating themselves into weird, unthinking cults. Something appears to have snapped in our collective consciousness, and many individuals I used to respect (on both sides of the political spectrum) are becoming disturbingly polarized and hysterical."

Iran's Supreme Leader Mocks Trump In Tweet About Charlottesville

This is rich coming from a guy who referred to Israel as a "cancerous tumor of a state" that should be "annihilated" and constantly subjects female activists to prison time and "lashings" for having the audacity to speak out about gender bias, an action which Khamenei says only serves to "corrupt the role of women in society."

Before "Fake News," America Invented "Pseudo Events"

"In the wake of the Chalottesville riot, it's been interesting how quickly the focus has shifted away from the actual events in Charlottesville and toward the public pundits and intellectuals are expressing opinions about the events..."

Global Stocks Rise Amid Unexpected ECB "Trial Balloon"; Dollar Flat Ahead Of Fed Minutes

European markets continued their risk-on trend in early trading, rising to the highest in over a week and rallying from the open led by mining stocks as industrial metals spike higher after zinc forwards hit highest level since 2007. The EUR sold off sharply, boosting local bond and risk prices after the previously discussed Reuters "trial balloon" report that Draghi's speech at Jackson Hole would not announce the start of the ECB's taper.