From "Promise" To "Payback" - Here Are The Five Stages of The "Trump Trade"

There are five defining stages for the "Trump trade": Trading i) ‘the promise’; ii) the deal-making; iii) the enactment; iv) the economic impact, and, v) the payback. Trump’s press conference last Wednesday drew the line between ‘the promise’ phase, and, the stage where deliverables will become progressively more important. Here is what to expect next.

Obama Sends 10 More Guantanamo Detainees To Oman

Reconfirming that he has much left to accomplish in his final week in office, Obama has released another 10 Gitmo detainees that have just confirmed their safe arrival in Oman. 

"Losers Who Won't Lose" - John Lewis Versus Donald Trump

This is an enormous week in the United States: opening today with the Martin Luther King holiday, and culminating with the Presidential Inauguration. So it’s perhaps interesting to see a small spar between two individuals who are close to each event - Congressman John Lewis, a prominent figure from the Civil Rights Movement era, and President-elect Trump.

A New Problem Emerges For The Davos Elite

"There's a sense that the system is broken," said Richard Edelman, head of the Edelman Trust Barometer.  "The most shocking statistic of this whole study is that half the people who are high-income, college-educated and well-informed also believe the system doesn't work."

FBI Arrests Widow Of Orlando Nightclub Shooter

The wife of the man who carried out a deadly terrorist attack in Orlando, was arrested by the FBI in connection with the mass shooting, a law enforcement official said Monday.

America - Under New Management

Whatever the world will be treated to under the new American presidency, the words of Neil Innes ring true: “No matter who you vote for, the government always gets in.”

As Lewis Shuns Trump, MLK's Son Meets With President-Elect

As Congressman John Lewis - a prominent civil rights era figure - continues to shun the president-elect (for his illegitimacy), it appears none other than Martin Luther King Jr.'s son is willing to give him a chance. Trump's incoming press secretary, Sean Spicer, announced via Twitter that the two will meet and discuss the civil rights leader's legacy.

Five Dead, 15 Wounded After Gunman Opens Fire At Mexican Nightclub

A lone shooter fired on a crowd at a nightclub in Playa del Carmen, site of the BPM electronic music festival in Mexico early Monday, leaving at least five people dead and at least a dozen more injured. Local news reports suggest that the shooting came after a 'disagreement' and is connected to ongoing drug cartel wars in the area

Food-Stamp Recipients Can Now Order From Amazon, Other Online Retailers

Despite federal authorities in south Florida busting the largest food-stamp fraud operation in U.S. history last year, food-stamp recipients can use their taxpayer-funded benefit to order online from retailers like Amazon under a new Obama administration initiative that aims to facilitate the shopping experience for rural and urban residents. It marks the latest of many costly experiments by the administration to expand the fraud-infested program, which has seen a record-high number of beneficiaries under President Obama.

Trump Promises "Insurance For Everybody" In Obamacare Repeal

"We’re going to have insurance for everybody.  There was a philosophy in some circles that if you can’t pay for it, you don’t get it. That’s not going to happen with us.  It’ll be another plan. But they’ll be beautifully covered.

 

Is Tolerance A One-Way Street?

Just over two years to the day since two gunmen walked into the offices of the satirical magazine Charlie Hebdo in Paris and murdered twelve people, we have learned for certain that any such tolerance is a one-way street.

IMF Downplays Trump Stimulus Effect; Slashes Saudi, Mexico Growth In Latest World Economic Outlook

As the world's elite gather in Davos to decide for the minions what the world should look like, The IMF has taken a far dimmer view of global (and by that we mean Trumpian) economic growth than markets appear to be. In addition to slashing Brazilian, Mexican, and Saudi Arabian economic growth forecasts, Lagarde's lackeys are taking a cautious stance toward the policies of U.S. President-elect Donald Trump, who takes office this week, assuming only a modest boost to the U.S. economy from his promise of fiscal stimulus.

Key Events In The Coming Week: Trump Inauguration, Davos, Theresa May, ECB, China GDP

The week ahead will be a busy one, with a plethora of events including the Davos shindig, where particular focus will be on Chinese President Xi Jinping, the first Chinese president to attend. China will also announce GDP on Friday, which also marks the inauguration of Donald Trump as the 45th US president. Tuesday brings Theresa May's long-awaited Brexit speech.

Oil Slides After Saudis Suggest Early End To OPEC Deal

Following a brief spike overnight (as China intervened in its equity market), crude prices slipped lower, testing towards a $51 handle after Saudi Arabia says OPEC is on track to wrap up its production curbs by the middle of the year, potentially leaving its aim of clearing a global oil glut unfinished.

China Warns Trump "It Will Take Off The Gloves" If He Continues To Provoke Beijing

In the latest indication that China is becoming increasingly unsettled by Trump's relentless attacks on legacy diplomacy with China, and especially the "One China" policy, two leading state-run newspapers warned on Monday that Beijing will "take off the gloves" and take strong action if Trump continues to provoke Beijing over Taiwan once he assumes office.

South Korea Seeks Arrest Of Samsung Chief For Bribery, Embezzlement And Perjury

South Korea political crisis spilled over into the corporate sector overnight, when the country's special prosecutor on Monday sought a warrant to arrest the head of Samsung Group, the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of impeached President Park Geun-hye.