How Trump Wins The Debate

The winner of presidential debates is not the one who compiles the most debating points. It is the one whom the audience decides they like, and can be comfortable taking a chance on. Trump has the same imperative and same opportunity as JFK and Reagan. For the anticipated audience, of Super Bowl size, will be there to see him, not her.

Libyans Who Once Opposed Gaddafi Now Regret US-Led Regime Change

Who actually benefits from American-led wars across the globe? The aftermath of American-led conflicts shows it is not the common people, though the military and politicians vow they are liberating and protecting them... "Before 2011, I hated Gaddafi more than anyone. But now, life is much, much harder, and I have become his biggest fan."

Siding With Saudi Arabia, Obama Vetoes Sept 11 Bill Passed Unanimously In Congress

It has been a day of Friday afternoon surprises: just one hour after Ted Cruz pretended to endorse Donald Trump when he really meant don't vote for Hillary, president Obama denied what all American citizens demanded - and got - after both chambers unanimously passed the Sept 11 law several weeks ago, when he decided to veto the Justice Against Sponsors of Terrorism Act bill.

Traveling Circus

After Wednesday’s policy statements by the Fed and Bank of Japan, a harsh light is being shined on the incredible nature of their communications. It would be wise in the current environment to structure investment portfolios with a pro-volatility bias.

Ted Cruz Endorses Donald Trump: "After Many Months Of Prayer I Have Decided I Will Vote For Donald Trump"

"Our country is in crisis. Hillary Clinton is manifestly unfit to be president, and her policies would harm millions of Americans. And Donald Trump is the only thing standing in her way. A year ago, I pledged to endorse the Republican nominee, and I am honoring that commitment. And if you don’t want to see a Hillary Clinton presidency, I encourage you to vote for him" - Ted Cruz

Like Everything Else, History Repeats (Almost Exactly) Because Power Truly Corrupts

The FOMC has no idea what it is doing, just like Bank of Japan officials about a decade before them. Rather than learn from all the experimentation, the power and prestige still, somehow, afforded to all of them is just too much to give up. They would clearly rather keep themselves on top of the political power structure as it relates to the economy than to admit what is increasingly obvious (a second time).

What If We're In A Depression But Don't Know It?

Is the economy in a Depression? Not if you're a corporate bigwig skimming vast gains from corporate buybacks funded by the Fed's free money for financiers. But if you're a wage earner who's seen your pay, hours and benefits cut while your healthcare costs have skyrocketed - well, if it isn't a Depression, it's a very close relative of a Depression.

Apple Tumbles After Channel Checks Reveal iPhone 7 Exuberance Misplaced

Despite exuberance from the wireless service providers, it appears channel checks from Germany's GfK, Germany's largest market research institute, show things for the iPhone7 are not as great as the carriers would like the world to believe.According to a GfK note, AAPL iPhone units shows that launch weekend sales for iPhone 7 and 7 Plus were down by ~25% Y/Y compared to the first weekend of the 6S and 6Plus.

Keith Scott's Family Release Video Of Police Shooting

While the police are reluctant to relase the video of the actions leading up to the deadly shooting of Keith Lamont Scott in Charlotte, NC; the family has released their phone-recorded version of events...

Heidi Cruz Rejoins Goldman Sachs

While Goldman is best known for creating the revolving door, where it either soaks up SEC "regulators", spawns central bankers and/or Treasury Secretaries like Hank Paulson, a new function was revealed today: providing sabbaticals for the spouses of presidential candidates. Case in point: Heidi Cruz, who left Goldman Sachs last year to help her husband Ted Cruz in his quest for the Republican presidential nomination, is returning to the bank in a newly created role in the Houston office.