The two groups will now be known as The Islamic State of Iraq and the Levant. In what many analysts expected but always feared, the two groups have merged and – unfortunately – are one of the best armed factions of the Syrian opposition. In order to prevent Al Qaeda from hijacking the Syrian revolution, this development may indeed spur Western governments and Russia to consider playing a bigger role in the morass.
The author has kind words for a much-hated tool.
The news comes about two and a half years after he was tapped to lead the IBD firm, which private-equity group Genstar Capital recently bought.
Late-cycle angst sees a slew of big names get bullish on gold; when gold rallies, bets on miners return about 80% more.
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