It is the 21st of July 2017

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VIX To Double Within A Year, Natixis Warns

Vol-sellers beware. That's the message from Natixis Global Asset Management’s Brett Olsen and Nicholas J. Elward, in their latest note, as they warn "it stands to reason that the market will see a reversion to the mean and find the VIX trading in the 20+ range before too long."

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The "Diplomatic Quagmire" In Qatar Deepens 3 Days Before The Saudi Ultimatum Expires

While the Qatar crisis may have slipped from the front pages, the diplomatic standoff continues to deteriorate with the latest escalation emerging yesterday, when the UAE’s ambassador to Moscow gave an interview to the UK’s Guardian newspaper, revealing the steely resolve of the Gulf States, led by Saudi Arabia, who initially brought their charges and subsequent sanctions to bear on the tiny country.

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Germany Tells Erdogan His Bodyguards "Not Welcome" At Next Week's G-20 Summit

Ahead of the G-20 summit to be held in Hamburg next week where Turkey will be present, Germany has warned Turkey that members of President Recep Tayyip Erdogan's security detail who were involved in a bloody melee in Washington last month "are not welcome in Germany." The reason for the snub - which won't go over too well with Erdogan - is that last month numerous Turkish security officials, including several of Erdogan's personal guards, brawled with protesters outside the Turkish ambassador's residence in Washington, landing 9 protesters in the hospital.

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Germany Tells Erdogan His Bodyguards "Not Welcome" At Next Week's G-20 Summit

Ahead of the G-20 summit to be held in Hamburg next week where Turkey will be present, Germany has warned Turkey that members of President Recep Tayyip Erdogan's security detail who were involved in a bloody melee in Washington last month "are not welcome in Germany." The reason for the snub - which won't go over too well with Erdogan - is that last month numerous Turkish security officials, including several of Erdogan's personal guards, brawled with protesters outside the Turkish ambassador's residence in Washington, landing 9 protesters in the hospital.

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White House On Lockdown After Fence Jumped Again, Suspect In Custody

While details are sparse, the U.S. Secret Service has just placed the White House on lockdown after yet another fence jumper decided to hop over the bike rack along the North Fence Line of Penn Ave..  The suspect has since been taken into custody.

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How To Mismanage The Turkish Economy, By President Erdogan

Turkish President Recep Tayyip Erdogan came away from April 16th’s referendum with a narrow, if not questionable, win. As a result of the vote, Turkey’s constitution will be amended to allow the President of the Republic to amass considerably more power. For Erdogan, this means that, among other things, he could stay on the throne until 2029. If that weren’t enough, he will not face much in the way of checks and balances.  Indeed, he will have the authority to pick judges and ministers and to appoint the heads of the military and intelligence agencies, university rectors and senior bureaucrats. Further, he gains the power to issue laws by decree with very little oversight.

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