China launched its second aircraft carrier Wednesday morning in northeast China's Dalian shipyard in Liaoning Province. The new carrier, the first built domestically, was transferred from dry dock in Dalian into the water at a launch ceremony on Wednesday morning.
"ISIS remains a long way from extinction... Fully eliminating the threat [ISIS] poses will require continued American leadership for years to come... In the short- and perhaps medium-terms, this contraction in territorial control may actually lead to more terrorist attacks across the globe."
To our complete 'shock,' a federal judge in San Francisco, U.S. District Judge William Orrick, has blocked Trump's Executive Order intended to withhold funding from communities that limit cooperation with U.S. immigration authorities.
So what do you do when a massive student loan bubble results in crippling leverage for an entire generation of your population rendering them financially unqualified to obtain mortgage financing and their 'God-given right' to a slice of the 'American Dream'? Well, you simply change the rules to allow mortgage lenders to ignore all that pesky student debt...
On Wednesday, the President will reveal a "broad-stroke" vision on his tax reform plan. Coutest of Citi and various media sources, here is a detailed cheatsheet of what is known, what remains unknown and what has been leaked.
The Chinese and U.S. stock markets are going in opposite directions, as an intensifying crackdown against leverage has slammed the recently 'stable' Shanghai Composite over the past week, erasing all post-Trump gains. The relatsionship between the two markets is the weakest since August 2008 - just before the collapse of Lehman unleashed chaos on the global financial system.
"The buzz among those who claim Cohn confides in them is that he would like to eventually replace" Yellen, assuming Trump decides to move in a different direction when the chair's term ends in early February, Beacon Policy Advisors said in its daily report for clients Tuesday.
After last night's announcement of ~20% tariffs on softwood lumber imported from Canada, Prime Minister Justin Trudeau lashed out at the Trump administration saying the U.S. could suffer from a "thickening" border as trade tensions between the two countries escalated, sending the Canadian currency to a 14 month low.
"we are now getting closer to ‘launch’ as the same situation is speculated to be ‘out there’ again. There was some covering in 2330s and 2370s yesterday, while most of the size seemingly sits at the 2400 level. As the market is sniffing out the upper strikes that such a strategy might be short, there is a self-fulfilling ‘short gamma’ as we push ever-closer to the pain-points."
Al Gore, via a new report from his Energy Transitions Commission (ETC), would like for you to know that he has a plan to save all of mankind from inevitable extinction which will come by around the year 2030 unless we join his global warming crusade immediately...and it will only cost about $15 Trillion