Green Party Rebels Against Jill Stein: "We Do Not Support The Recount"

"As a candidate, Dr. Stein has the right to call for a recount. However, we urge the GPUS to distance itself from any appearance of support for either Democrats or Republicans. We are well aware of the undemocratic actions taken during the primaries by the DNC and the Clinton campaign. Greens cannot be perceived to be allied with such a party."

OPEC Negotiations: Here Is The Latest

With the last day of OPEC pre-negotiations almost over, the latest from Vienna is that Iran and Iraq appear to have softened their positions ahead of a crucial OPEC meeting on Wednesday, however as the WSJ reports, "it may not be enough to satisfy Saudi Arabia’s demands for a broad-based oil-production cut." Here are the latest hurdles to reach a deal.

"Highly Skeptical" JPMorgan Slams Reuters' ECB "Sources" Story On Italy

"We find it impossible to imagine the current QE programme being use to intervene in Italy without prior approval from the Governing Council. Finally, even if the ECB were minded to intervene in Italy, bond yields would likely have to rise dramatically from current levels before it acted." - JPM

Literally Too Many Veterans Have Signed Up To Join DAPL Protests

Last week, the newly formed group “Veterans Stand for Standing Rock” called on veterans to nonviolently stand up to militarized law enforcement at the site of the Dakota Access Pipeline protests. Since its initial call to action, the veterans’ movement has grown exponentially, from a couple hundred veterans to their maximum capacity of 2,000.

US Home Prices Rise Above July 2006 Levels, Hit New Record High

Almost exactly ten years after the last housing bubble burst, unleashing a dramatic crash in US real estate prices today Case Shiller reported that as of September, its Index covering all nine U.S. census divisions, surpassed the peak set in July 2006 as the housing boom topped out, and in doing so the average home price has now climbed back above the record reached more than a decade ago.

Defiant Iran Turns Tables, "Proposes" Saudis Cut Production By Over 1MM Barrels, Invokes Donald Trump

In what appears to be a material shift in the perceived OPEC balance of power, while Iran (and Iraq) have so far refused to concede to Saudi demands for production cuts, moments ago Reuters reported that in what can only be described as a demonstration of power, Iran proposed that it be Saudi Arabia that foots the entire proposed production cut, by reducing its own production to 9.5 million barrels.

Trump Victory Sends Consumer Confidence Soaring To Post-Lehman Highs

Having fallen to a 3-month low in October, Conference Board Consumer Confidence soared to 107.1 in November post-Trump - the highest since July 2007. This confirms Gallup's survey which saw economic confidence at its highest level since before Lehman, swinging positive post-Trump after being almost uniformly negative since Obama's election.

USDJPY Could Plunge As Low As 98 After "Trump Bubble" Bursts, UBS Wealth Warns

One week after JPM made the exact same forecast, warning that the recent surge in the USDJPY will fade dramatically as Dollar euphoria shifts to concerns about protectionism, overnight UBS Group’s $2 trillion wealth-management arm said yen traders have got the Donald Trump "trade" all wrong, and the yen will strengthen to 98 per dollar by this time next year.

The Corporate Media's Gulag Of The Mind

The final irony in all this: the real enemy of democracy and freedom of the press is The Washington Post and the rest of the billionaire/corporate media. The only way to escape the Corporate Media's Gulag of the Mind is to stop watching their TV channels, turn off their radio stations and stop reading their print/digital propaganda--except of course if you have a taste for dark humor.

Philippine President Duterte's Advance Motorcade Attacked By Muslim Militants

At least seven members of Philippines President Rodrigo Duterte's security team and two soldiers were injured in a roadside bombing ambush by suspected Muslim militants. The attack took place ahead of the president's planned visit to the south of the country, AFP reported citing the president and the Armed Forces.

WTI Plunges Near $44 Handle After Iran Oil Minister Says "No Cut In Production"

Iran just hammered another nail in the coffin of an OPEC 'deal' when oil minister Bijan Namdar Zanganeh told reporters in Vienna ahead of OPEC meeting on Wednesday that "Iran won't cut oil production." Despite confident comments from Algeria, WTI plunged to within a tick of a $44 handle to 2-week lows...