US LAUNCHES MISSILES AND THE FED ASSESSES BALANCE SHEET
This week geopolitics comes to the fore, with a potentially momentous meeting between Donald Trump and China’s President Xi Jinping being overlaid with the US missile attack on Syria; a response to Assad’s outrageous chemical attack earlier in the week. It’s difficult to know what the ramifications of this might be. Vladimir Putin is presumably regretting rigging the election but additionally China is also likely to be displeased. China has previously vetoed any UN intervention in Syria, although they may be willing look the other way as a concession to the new US administration however. The bigger issues of North Korea and Trade are already difficult enough. Read More…..