Goldman Says There’s an Elevated Risk of a Big Market Selloff

Video available at the source.

 

And it’ll be tough to find a place to hide.

“With the S&P 500 close to all-time highs, stretched valuations and a lack of growth, drawdown risk appears elevated.”

So says Goldman Sachs Group Inc. Managing Director Christian Mueller-Glissmann, who highlights that selloffs in excess of 20 percent for major bourses occur relatively frequently and recently have been brought about by concerns of a global nature. With a possible Brexit, the U.S. presidential elections, and a Fed that appears committed to continuing to lift policy rates, this level of event risk is certainly on the table. Continue reading

A worsening morale crisis

So goes the nation when the will of the military has been broken. This is the culmination of decimating purges and cuts from the Obama administration. The hammer of the world (see also HERE) and most powerful nation, that the world has ever seen, is being systematically destroyed from within and a new chapter in world history is about to be formed — one without America.

 

American's Military

 

Chapter 1 – A Worsening Crisis

After 13 years of war, troops feel burned out and without a sense of mission. More doubt their leaders and their job security.

For many of the war-weary troops who deployed to combat zones over and over again for 13 years, the end of an era of war in Iraq and Afghanistan is good news.

But for Marine Sgt. Zack Cantu and other service members, it’s a total morale killer. For many of them, particularly the young grunts and others in combat arms specialties, it’s the realization that they may never go into battle for their country and their comrades. Continue reading

Army will cut almost 4,000 captains, majors

The pre-selected taking out of those with some of the most experience in their field should clearly leave a mark if one wanted to weaken the military from within.

Almost 19,000 captains and majors will be screened by separation and early retirement boards this spring as part of the ongoing drawdown of the active-duty Army.

“The Army’s drawdown plan is a balanced approach while maintaining readiness and reducing turbulence to the officer corps,” said David Martino, director of the Officer Personnel Management Directorate at Human Resources Command. “We know the Officer Separation Board and Enhanced Selective Early Retirement Board will separate fully qualified officers who have rendered quality service to the nation. We’ll execute [the boards] with precision, care and compassion.” Continue reading

The Ramifications of the U.S. Drawdown in Europe

Europe will be weaned from its military dependence on the U.S. as Washington’s ability and willingness to defend Europe rapidly erodes. Charles Kupchan, a senior fellow at the Council on Foreign Relations, said the overall message from the U.S.’s decision to withdraw more troops is that “Europe is going to need to start taking more care of its own defense, that they won’t be able to call on the U.S. in the same way as the past.”

Nick Witney, a former head of the European Defense Agency, said, “Europe is going to have to grow up and learn to take responsibility for its own security, without Uncle Sam to prod and cajole.”

The U.S. pullback from Europe is also making the solution to the second obstacle obvious to more and more onlookers.

The U.S. drawdown is telling us that “we have to do our job,” said European Defense Agency Chief Executive Claude-France Arnould. “We should go full speed ahead with pooling and sharing.”

“It’s always been obvious what needs to be done—taking a more collective approach to Europe’s security,” said Kupchan.

The United States has defined security in Europe for many decades, but it is increasingly urging the nations of the EU to take charge of their own defense. European nations can see that the U.S. is now a bankrupt nation with a broken will, and they are preparing to fill the void Washington is leaving by multiplying their own forces and pooling them together. Bible prophecy reveals that the end result of Europe’s military pooling and multiplying will be a German-led force so powerful it will eclipse the armies of Hitler, Napoleon and even Charlemagne. To understand the significance of this staggering European military power, and how it is connected to the most inspiring news a publication could ever proclaim, read Germany and the Holy Roman Empire.

Continue reading article: The Ramifications of the U.S. Drawdown in Europe (The Trumpet)