Despite rebounds in US (and less so European) equities and drops in both regions' 'VIX' measures, the last few days have seen an ominous reawakening in credit markets that is far more systemically concerning than a volatility ETN...
"It is interesting and dismaying to see so many public intellectuals swallow its self-serving claims when it was not so many years ago that a healthy and natural skepticism about government lying was the order of the day, especially when it came to the dark towers of US Intel."
"If you have 5% for nominal GDP in the U.S., and you have 70 basis points on Germany, add those together, you get 5.7. You divide by two, and lo and behold, you get 2.85%, which is within two basis points of where you are today."
"In days gone by, a massacre of students like the atrocity at Marjory Stoneman Douglas High School would have brought us together... But like so many atrocities before it, this mass murder is tearing us apart..."
An associate of Sen. John McCain (R-AZ), David J. Kramer, has invoked his Fifth Amendment right not to testify over a November 2016 trip to London to retrieve a copy of the controversial Trump-Russia dossier and deliver it to the Arizona Senator.