The biggest surprise in today's regional Fed reports, was the blistering surge in the Prices Paid index, the clearest indicator of input cost inflation, which in both Philly and New York jumped to 6 year highs.
Global stocks, bond yields and commodities all jumped higher on Thursday while the dollar plunge continued, as investors suddenly seemed to forget the inflation fears blamed for a brutal market sell-off in recent weeks.
"We were told last year that he wasn’t allowed on campus with a backpack on him," said math teacher Jim Gard, who said the former student suspected in the shootings had been in his class last year. "There were problems with him last year threatening students, and I guess he was asked to leave campus."
"At this point Russia’s biggest enemies exist not in the United States where the ham-fisted machinations of Cold War simpletons like John McCain and Bill Kristol still dominate policy think tanks, it’s the fifth columnists within Russia herself."
While NATO Secretary General Stoltenberg confirmed that more member countries are on track to meet the NATO minimum spending goal of 2% of GDP, NATO's own figures show that the US remains the defense hegemon within the organization...
"It all started with Brennan. After Putin blocked Brennan’s operations in both Ukraine and Syria, Brennan had every reason to retaliate and to use the tools at his disposal to demonize Putin and try to isolate Russia. The 'election meddling' charges (promoted by the Hillary people) fit perfectly..."