Are Oil Prices To Blame For The Venezuelan Crisis? (Spoiler Alert: Of Course Not!)

Venezuela is undergoing the typical collapse of a country that has been subject to years of all kinds of political interventions. The fall in oil prices is the external shock that brings to light the embarrassing result of years of price controls, currency controls, nationalizations, uncontrolled monetary creation, and economic dirigisme.

5 Actual 'Facts' About Tax Reform

Investors want to see corporate tax reform (including repatriation relief) succeed. Individual tax reform is a “Nice to have” but negotiations there could derail the corporate side.

Trump's Second Obamacare Repeal Attempt On The Edge Of Collapse

Exactly one month after Trump was humiliated by his own party, when in the last moment the House failed to get the number of votes to pass a Republican healthcare bill due to holdouts from the conservative Freedom Caucus, the president's second attempt to repeal Obamacare before his first 100 days in office run out, appears on the edge of failure.

Still Confused About Trump's 1-Page Tax Plan? Goldman Explains It All

Since at its core, yesterday's 1-page "tax plan" was a Goldman creation, who better to explain what Trump offered than Goldman Sachs itself. Here is Goldman with an elaboration of the handful of bullet points contained on the much anticipated one page, extended to 6 pages.

Will Trump Spark An Offshore Drilling Boom?

In a bid to fend off criticism over a dearth of achievements in his first 100 days in office, President Trump plans to sign a flurry of executive orders this week. Among them is an executive order intended to open up new areas of offshore oil and gas drilling.

100s Of Cops Gather As Battle of Berkeley 3.0 Begins - Live Feed

Groups from across the political spectrum (from Bikers-for-Trump to Antifa) gathered in various spots across Berkeley this afternoon to protest/discuss the now-canceled Ann Coulter event. While events are peaceful for now, two antifa protesters have been arrested and 100s of police are on the scene.

It's Different This Time...

Throughout history, financial bubbles have only been recognized in hindsight when their existence becomes “apparently obvious” to everyone. Of course, by that point is was far too late to be of any use to investors and the subsequent destruction of invested capital. This time will not be different. Only the catalyst, magnitude, and duration will be.

Amazon Soars To New All Time High After Smashing Expectations

After two consecutive quarters of disappointing earnings reports (which however failed to keep the stock down), AMZN is back to its beating ways, reporting both revenue and EPS which blew away expectations, sending the stock to new all time highs.