Coming Apart: The Imperial City At The Brink

"...here in the imperial city in Washington DC, is that it is absolutely hollowed out... it is incapable of offering anything to its own people, the American people ... I think we have reached a point where there is no possibility of revival within the current system that exists. The current system is set upon ... is determined to eat itself out in a kind of civil war that is coming, and at the end of that, it will be done, will be finished..."

Remember When Ford 'Cancelled' That Plant In Mexico? Well, They've Just Moved It To China

Trump's victory lap back in January after Ford cancelled plans for a brand new $1.6 billion production facility in Mexico may have been premature.  As it turns out, per a press release from earlier this morning, one of the first strategic actions taken by Ford's new CEO, Jim Hackett, will be to relocate the company's 'Focus' production to China rather than Mexico.

WTI/RBOB Unch After API Signals Another Week Of Product Builds

With WTI/RBOB prices tumbling to 7-month lows intraday (not helped by Libya production), oil bulls hope for a bounce after API is not coming true despite a bigger than expected crude draw, both gasoline and distillates saw notable builds and oil prices could not make their mind up.

Is Trump Setting Himself Up To Take All The Blame When The Stock Market Tanks?

"You can blame whoever you want for the coming calamity; Obama, The Fed, Wall Street, a massive public debt, excessive entitlement spending, or any of the number of other “bubbles” currently plaguing our country’s capital markets... But, when it all explodes, Trump and all the 'MAGA' voters who got him elected are going to be the ones eating all the blame that gets served up."

The Evaporation Of Risk

"If you look around the poker table and can’t spot the pigeon, it’s probably you.."

The Global Commodity Cycle: Where Are We Now

"In commodity cycles, demand leads and supply reacts, with a lag. And the factor which facilitates this process is price. 2017 looks to be providing another classic example of this simple commodity rule."