The Situation In Syria Is Very, Very Dangerous

If full fledged war breaks out with Russia, it’s very likely to begin in Syria. The only good news here is we doubt Obama will begin any major escalation with only a few months left in his Presidency. The bad news is that if Hillary Clinton is elected President, all hell is likely to break loose in short order.

'Big One' Looms As Quake Swarm Strikes Southern California "In The Worrry Zone"

Just five months ago, experts warned that "the springs on the San Andreas system have been wound very, very tight. And the southern San Andreas fault, in particular, looks like it’s locked, loaded and ready to go." And now, as The LA Times reports, a rapid succession of more than 200 small earthquakes began rupturing near Bombay Beach, at the southern tip of the San Andreas fault, continuing for more than 24 hours.

Illinois Suspends "Billions Of Dollars" Of Investment Activity With Wells Fargo

Just when you thought you could relax into the weekend knowing that the US (and world) banking system was 'fixed' again thanks to a rumor from French press, Wells Fargo take another hit. Following California's decision to sever all banking ties with the bank, Illinois State Treasurer Michael Frerichs has confirmed his state's plans to suspend billions of dollars of investment activity with Wells Fargo.

Weekend Reading: Back Where We Started

"Acknowledge the complexity of the world and resist the impression that you easily understand it. It’s a basic fact of life that many things ‘everybody knows’ turn out to be wrong."

Is America Still A Serious Nation?

Is America still a serious nation? Consider. While U.S. elites were denouncing Donald Trump as unfit to serve for having compared Miss Universe 1996 to “Miss Piggy” of “The Muppets,” the World Trade Organization was validating the principal plank of his platform. America’s allies are cheating and robbing her blind on trade.

Citi Trader: "I Almost Feel Stupid Being Bearish "

"I almost feel stupid being bearish given it has been such an incredibly popular and incredibly losing strategy for so long and there have been so many false starts over the past few years."

Satellite Imagery Reveals China's Strategic Petroleum Reserve Is Vastly Greater Than Disclosed

According to satellite images by geospatial analytics startup Orbital Insight, China, has not only misrepresented how much oil it has stored, it has done so at a massive scale, with the real number dwarfing even JPM own estimate: the real amount of Chinese oil in storage, according to Orbital, was a whopping 600 million barrels as of May, a number which may have risen to well over 700 million barrels as of September.

Inside France's "The Jungle" Migrant Camp

... the government's "irresponsible" plan to relocate migrants in Calais to other parts of France... would "proliferate a multitude of small Calais, genuine areas of lawlessness that exacerbate lasting tensions throughout the country."

US Oil Rig Count Rises Most In Q3 Since 2009

Q3 ends with a 29% rise in US oil rigs - this is the biggest rise since Q4 2009. Oil rigs have risen 14 weeks in a row (up 7 this week to 425, the highest since Feb 2016).

Did Trump Support The Iraq War Or Not?

The way Lester Holt “corrected” Donald Trump at Monday’s debate (as he was clearly instructed to do) regarding the Iraq War, you’d think the answer to whether he supported it or not was clear-cut. The truth is, it may not be that simple. Meanwhile, we know for sure which candidate absolutely loves war and leaves a trail of death and destruction in her wake: Hillary Clinton.