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"The Jinga's Up"

When valuations reach extremes, despite what the masses say, even greater fools run out.

97 Tech Companies Including Twitter, Netflix File Legal Brief Condemning Trump's Immigration Order

The onslaught targeting President Trump's immigration executive order continued overnight, when virtually all US tech corporations, from Apple to Zynga, including Twitter, Netflix, Google, and Microsoft, banded together late on Sunday to file an "impassioned" brief condemning Trump's temporary immigration ban, arguing that it "inflicts significant harm on American business."

Global Stocks, US Futures Rise Despite Growing Political Tension In Europe

In a relatively quiet session, which may see US traders sleep in a bit after last night's Superbowl thriller, European and Asian shares rose ahead of Mario Draghi’s testimony at the European Parliament, while US equity futures were fractionally higher (up 0.1% to 2,293) after stocks jumped the most in a week, as traders assessed the trajectory for interest rates while scrutinizing every new Trump tweet.

EconMatters's picture

We discuss the fact that Euro Area Inflation is spiking, as is inflation around the globe, as the consequences of artificially low interest rates start coming to the forefront in this video. We believe given that the ECB`s only chartered mandate is keeping a lid on inflation; forget tapering the ECB needs to start raising interest rates.

Pelosi Demands The FBI Find "What Russians Have On Trump"

"I want to know what the Russians have on Donald Trump. I think we have to have an investigation by the FBI into his financial, personal and political connections to Russia and we want to see his tax returns so we can have truth in the relationship [with] Putin, whom he admires,"

Schauble Agrees With Trump That Euro Is "Too Low" For Germany, Blames Mario Draghi

The euro exchange rate is, strictly speaking, too low for the German economy’s competitive position,” Wolfgang Schauble told Tagesspiegel. “When ECB chief Mario Draghi embarked on the expansive monetary policy, I told him he would drive up Germany’s export surplus . . . I promised then not to publicly criticise this [policy] course. But then I don’t want to be criticised for the consequences of this policy.”