Always a great read - Doug Nolan reviews the week that was & presents his weekly essay "Doubled Down"
Biggest #bubble in fin history? Value of global bonds has increased 12-fold since the 1990s to a record of $49tn, equals to 65% of world GDP
Global bonds richened another $338bn this week, hit fresh all-time HIGH at $48.9tn on increasing geopol tensions around N Korea nuclear cris
Global stocks lost $1.2tn in mkt cap this week, most since May16, as possible military confrontation w/N Korea meant classic Risk Off action
Saturday morning recap....
Jeremy Corbyn: Donald Trump and Kim Jong-un should ‘calm down’ and hold talks
Ministers challenged to save UK steel post-Brexit http://bit.ly/2fA7sTW
Britain could face international court case over May’s single market plans, experts warn http://bit.ly/2vvIXLG
Borrowing cap slashed budget for Grenfell upgrade http://bit.ly/2uPnjQs
Huge Wildfire Threatens Greek Villages in Southern Albania (video) http://dlvr.it/PdWS2y
UK navy calls off Aegean exercise http://dlvr.it/PdQybD
Kos port to reopen after initial phase of post-quake repairs http://dlvr.it/PdQyPX
SYRIZA looking for new partnerships http://dlvr.it/PdQyHB
Tax officers join others in blocking assessment http://dlvr.it/PdQyC2
LIVE — President Erdoğan: We believe relations with Germany will return to normal after German elections http://sabahdai.ly/JlYrDK
Merkel embarks on Germany's 'strangest' campaign http://dlvr.it/PdXq1g
Merkel condemns 'verbal escalation' with North Korea after Trump tweets http://dlvr.it/PdMKKk
Spain calls in police to help with Barcelona airport strike http://dlvr.it/PdYTrb
Spain urged to free Swedish-Turkish writer Hamza Yalcin http://dlvr.it/PdMwZW
Italy's Monte dei Paschi posts 3.2 billion second-quarter losses http://dlvr.it/PdY1QP
More than 40 per cent of Italian coastline is polluted http://dlvr.it/PdNGm2
Migrant aid ship 'bails out' anti-migrant vessel in Med http://dlvr.it/PdMxd4
"Down Goes Frazier".....
#France | It casts doubt about Macron' ability to implement reforms in Sept. especially the labor law.
Mueller to interview Priebus and other senior officials....
McConnell left stunned by week of Trump attacks http://hill.cm/d3wLLZo
Trump to call for an investigation into China over allegations it violated U.S. intellectual property rights & forced technology transfers.
Trump assures Gov. of Guam that N. Korea nuke crisis will be great for island's tourism business. "You just went up to 110 (pct occupancy)."
Pres Trump did not take questions today as reporters asked if he disclaims the support of white nationalists.
MORE: AG Sessions on Charlottesville: "This kind of violence is totally contrary to American values and can never be tolerated."
GOP VA Rep Comstock: Thenneo-Nazi march and the hate and racism on display in #Charlottesville are vile, have no place in Virginia
We ALL must be united & condemn all that hate stands for. There is no place for this kind of violence in America. Lets come together as one!
Our country encourages freedom of speech, but let's communicate w/o hate in our hearts. No good comes from violence. #Charlottesville
Note Senator Hatch's tweet was 12:01am - he didn't wait until the second full day of the white nationalist rally to slam what's occurring.
The views fueling the spectacle in Charlottesville are repugnant. Let it only serve to unite Americans against this kind of vile bigotry.
Hard to watch but it's at 1:05:40ish. Read @TaylorLorenz's thread for some important context
Police HAVE detained the attacker in a gruesome vehicle ramming from earlier this afternoon in #Charlottesville.
Good to see this happening early , really wondered if police could handle what I expect could jump off today.
Clashes have already broken out-rally doesn't start until noon. Going to be a long day. Here's hoping the police keep things under control.
Virginia newspaper uses Trump's 'fire and fury' threat to describe white nationalist rally http://hill.cm/7JEI60b
Many sons of UVA died fighting the real Nazis. This might be a good time to pay tribute to those patriots, as we denounce these rabble.
To those demanding photographic evidence of Nazi regalia in #charlottesville, here's what's on display before breakfast. Be safe today
Lot of folks out already. It's gonna be a big one, thousands of counter protesters expected
Militia with semi-auto rifles surround the park (alongside cops) where the Unite the Right rally was initially scheduled #charlottesville
#Charlottesville Mayor: Rally "parade of hatred, bigotry, racism, intolerance marching down the lawn of the architect of the Bill of Rights"
Trump's China trade crackdown coming Monday http://politi.co/2vv2ls5
Trump says he’s not ruling out military option against Venezuela http://politi.co/2uz4tO5
Kelly considers further shuffling of West Wing staff, officials say http://politi.co/2vvbtgk
Trump threatens to undermine U.S. backchannel talks with North Korea http://politi.co/2ux6Kh0
Legal fight breaks out over deposition of Trump dossier author Christopher Steele http://politi.co/2vvxbRs
Priebus warned Bannon: “You’ve got to get people to stop writing this shit, because people know it’s you” http://politi.co/2ux7jHO
If it's the weekend, it means it's time for another ... 5 things Trump did while you weren't looking this week http://politi.co/2vv5zf8
Keith Ellison: ‘Kim Jong Un…is acting more responsible than’ Trump http://hotair.com/archives/2017/08/11/keith-ellison-kim-jong-un-acting-responsible-trump/ …
What about it, Mitch? The congressional GOP is AWOL http://hotair.com/headlines/archives/2017/08/mitch-congressional-gop-awol/ …
Today was already the 4th time Trump has entertained questions from the press during his two-week working vacation.
The Trump administration has been quietly engaged in back channel diplomacy with North Korea for months http://ow.ly/RCE730elH1Z
Odds & Ends....
Pentagon distances itself from Trump after he says he won't 'rule out' military action in Venezuela http://hill.cm/UQ3RIIa
Venezuela defense chief calls Trump intervention threat 'crazy' http://reut.rs/2vY42Bt
Clampdown in Venezuela continues: opposition mayors go into hiding, judges seek refuge in foreign embassies or flee the country.
Maduro Asks For UN Meeting With Trump As Venezuela Crumbles http://trib.al/ecAwG0F
Syrian Arab Army captured Al-Kadir and Khirbat al-Muqman Map: http://SyrianCivilWarMap.com
#Syria|n military fully liberates #Al_Sukhnah https://www.almasdarnews.com/article/syrian-military-announces-full-liberation-al-sukhnah/ …
#Hezbollah command has reduced the number of permanent forces in Syria 2less than 5000 http://alrai.li/nl239rd https://elijahjm.wordpress.com/2017/08/11/what-has-the-us-got-out-of-the-war-in-syria-a-new-middle-east-as-seen-by-the-resistance-crescent-and-not-the-us/ … … …
Haftar's pov on dealing with the migrant crisis and his view of what EU's financial contribution to Libya should be-20bn over 20-25 years !
#Libya Crisis #4 for Tripoli
The political process is important but so is overcoming power cuts, rebuilding Benghazi, reopening health centres I said here
#Haftar in #Moscow to inform #Russia of meeting with Libya's Prime Minister Al-Serraj #AlSerraj http://www.libyanexpress.com/haftar-in-moscow-to-inform-russia-of-meeting-with-libyas-prime-minister-al-serraj/ …
Britain's Foreign Secretary Boris Johnson says N. Korea must fix crisis it started http://u.afp.com/468r
Patriot Missiles arrive in Japan...
Satellite photos suggest North Korea preparing submarine missile test: report http://f24.my/1cVW.t
What is the reach of North Korea's missiles? http://aje.io/ngxyz
China urges Trump to show "restraint" on North Korea rhetoric http://hill.cm/WUQXXWg
If there IS a strike against #NorthKorea, here is an example of how dug in they are. BLU-109s and 117s aint gonna cut it.
Trump to Guam governor after North Korea threat: "You're going to become extremely famous" http://hill.cm/yXiQwLw
The Japanese Gov. have deployed Patriot interceptor missiles in parts of western Japan to counter any missile(s) from North Korea.
North Korea have stated that 3.5 million workers, party members and soldiers volunteered to join or rejoin its army
People in Guam and the Northern Mariana Islands are worried http://nyti.ms/2fyUs0M
A lot of attention has been placed on ICBM development , but NK also working on its sea-based aspect of its growing nuclear capabilities....
It's important to keep these three assessments separate. They're all new in the past month. #NorthKorea
NEW: US Intelligence: #NorthKorea's ICBM Reentry Vehicles Are Likely Good Enough to Hit the Continental US