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"We are not sure how and when we will see the end-game, but in our view this is not a sustainable situation in the long term."

"We have had artificial support for the economy since 2008."

The index changes were prompted by something as trivial DJIA constituent Apple's decision to split its stock 4:1.

Real Vision senior editor Ash Bennington hosts managing editor Ed Harrison to make sense of a series of financial news stories -- from the so-called “K-shaped”…

"Ironically, I think the general public “gets it”. But our political leadership seems unwilling to fundamentally rethink the role of monetary policy in our economy."

"Gold hedges our clients against two scenarios: a weaker US dollar and the debasement of all currencies (the dollar declines and so do other currencies)..."

"This year’s increase means banks’ Level 3 assets are almost the same size as the gross domestic product of Finland..."

"...the only thing they can stimulate is the stock market. That’s why the stimulus comes into action when the stock market is going down..."

What could go wrong?

“But with the Executive Order threatening to bring a ban on our U.S. operations ... we simply have no choice.”

"We expect a growth scare to be followed by a rate scare over the next several weeks/months that could finally give us that first tradable correction in the major US equity indices."

Well that escalated quickly...

... and no full stops.

"...while in the U.S. we've had double-digit unemployment rate and actually even worse, considering underemployment and so on."

Blackstone is shelling out $4.5 billion for a majority stake in Ancestry.com...

This follows some malarkey in VIX this morning that saw a mini-flash-crash around 0800ET...

The highlight this week will be the virtual "Jackson Hole" gathering on Thursday and Friday, where this theme this year is “Navigating the Decade Ahead: Implications for Monetary Policy”,

"In modern meteorological history ... there's never been anything like this before..." 

With today's gain, AAPL has added a quarter trillion dollar to its market cap in just the past week.