And The Biggest Loser From The UK's "Falling Dominoes" Is…

Now that not just 3 (as of last night) but 5 UK property funds, with Henderson and Columbia Threadneedle became the latest two entrants...

President Obama Explains His 'Strategy' In Afghanistan – Live Feed

While details are sparse, AP reports that President Obama will announce today his plans to increase to around 8,400 the number of U.S. troops...

Ex-ECB Banker Stokes Europe's Banking Panic: "People Are Starting To Withdraw From The Market"

The latest red flag about the solvency and viability of the European banking sector came this morning from none other than the chairman of...

What Matters

By Chris at www.CapitalistExploits.at This weekend just gone, my wife and I drove our kids to a park on the other side of town for a kite...

Domino #4: Henderson Suspends $5 Billion UK Property Fund Over "Exceptional Liquidity Pressures"

Does '4' make a trend? First Standard Life, then Aviva, followed by M&G and now this morning, due to "exceptional liquidity pressures" Henderson has...

Five Bricks In The 'Wall Of Worry'

Via Macro Man blog,  While Macro Man has run a small short in the SPX over the last several months (though he took half off...

World's Biggest Asset Manager Downgrades European Banks To Sell, Expects Global Slowdown

Exactly one month ago we reported that BlackRock, the world's largest asset manager, had downgraded global equities to Neutral, saying "U.S. valuations are elevated."...

"Rebound? What Rebound?" – Services Sector Business Confidence Hits Record Lows As ISM Surges...

Markit's Chris Williamson sums up today's Services sector data in three simple words - "Rebound? What Rebound?" With new business expanding at the fastest...

European Market Breaks: Stoxx 50, Stoxx 600 Have Not Calculated Prices For Nearly An...

With European stocks tumbling, it was only a matter of time before someone pulled the biggest circuit breaker of all, i.e., the plug. And...

Bill Gross Says Yellen "Worships False Idols" So "Worry About The Return Of Your...

In his latest just released monthly letter, Bill Gross does not break any new ground, but merely once again reiterates that in a world...

EU Banks Crash To Crisis Lows As Funding Panic Accelerates

The signs are everywhere - if you choose to look - Europe's banking system is collapsing (no matter what Draghi has to offer). From...

US Trade Deficit Jumps In May As Stronger Dollar Puts A Lid On Exports

Confirming once again that a rising dollar is not good for US trade, moments ago the dept of commerce announced that the goods and...

Can The EU Survive As A Prison? Who Has The Keys?

Submitted by Michael Shedlock via MishTalk.com, In the wake of Brexit, the EU and German Chancellor Angela Merkel responded to the UK with spite and...

"It Feels Like 2008" Government Bond Yields Signal "Something Very Nasty Is Coming"

With global developed market bond yields crashing to record lows and almost $10 trillion of negative-yielding debt worldwide, it is no surprise that money...

Frontrunning: July 6

For Hillary Clinton, Political Fight Over Emails Is Far From Over (WSJ) More "Extreme carelessness" - Iraq inquiry slams Blair over legal basis...