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  • The US is getting closer to punishing Turkey for buying advanced Russian weapons, but now another US partner is signing up to buy them

    Turkey and the US continue to discuss Ankara's purchase of the Russian-made S-400 air-defense system. The US has said the S-400 would compromise the F-35 fighter and threaten to exclude Turkey from the F-35 program, but Ankara has refused to budge and vowed to go ahead with the purchase. Visit INSIDER's homepage for more stories. Turkey and the US are discussing setting up a working group to assess the impact of Ankara's purchase of Russian missile-defense systems, but Turkey will not delay...

    Business Insider
  • US Equity Valuations: As Good As It Gets?

    Via, It has been a while since we did a deep dive into US equity valuations. It isn’t just that the S&P 500 is up 17.5% in 2019 and +12.0% over the last year that gets our attention or that the index trades for 17x forward earnings, a lofty level versus historical norms. US equity market volatility – both actual and forecast – is exceptionally low at the moment. This implies a high degree of investor confidence that every valuation input, macro and micro, is stable and...

    Zero Hedge
  • The Latest: Some allies skeptical about US claims on Iran

    WASHINGTON (AP) — The Latest on the United States and Iran (all times local): 9:50 p.m. Some U.S. allies are expressing skepticism about the Trump administration’s claims that Iran poses a growing threat in the