Some of the hottest trades of the past few years could stage a sharp reversal as global markets face “peaks” in liquidity, free trade, and income inequality. That’s the big-picture call from Bank of America Merrill Lynch, whose analysts argue in a report published Thursday that an apparent fightback against globalization in advanced economies represents a game-changer for global asset-allocation.
WEB Notes: Articles are once again making their rounds spreading fear and hype of a Russia and US nuclear war over Syria. Outlets that are spreading this fear do not understand the geopolitical process, the actual power of the specific nations or the Bible. I suppose me telling you there is essentially no nuclear war threat between Russia and the US is not as exciting as telling you we all face imminent death and you should rush out and buy some bug out bag to save yourself. We do not peddle fear and hype here. We bring you the truth and then you decide for yourself. I just ask you use common sense with your judgement.
U.S. Sen. Charles Schumer says inward-facing cameras should be installed on all New York City metropolitan area railroad systems to avoid accidents such as the recent New Jersey Transit crash.
The spokesman for the US-led anti-ISIS coalition has said Turkish ground troops in Iraq are not acting as part of the alliance. Baghdad has called for an emergency UN Security Council meeting, saying Ankara is violating Iraqi sovereignty.
An airstrike by an American-backed, Saudi-led coalition killed more than 100 people and injured hundreds more at a funeral Saturday, according to health ministry officials and medical groups. With the death toll expected to rise, it was one of the deadliest single assaults in the 20-month-old civil conflict that has fractured the Middle East’s poorest country.