JPMorgan: "Trump's Tax Plan Will Be Virtually Impossible To Pass Through Congress"

"Trump’s much-anticipated tax blueprint will be released on Wed but 1) a lot of the details have already been leaked to the press over the last few days; 2) it seems very inchoate, leaving out key details esp. as it pertains to the individual code; 3) it will be virtually impossible to pass through Congress"

Trader: Trump Tax Plan Likely To Send S&P To New Record Highs "No Matter What He Says"

"Investors are looking for a reason to buy U.S. equities again, which means they’ll probably find one in Donald Trump’s tax plan no matter what he says on Wednesday.  The prevailing sentiment suggests U.S. stocks will achieve record highs within days. It’ll just be a matter of how long it takes to work out which part of Trump’s proposal will justify that move after the fact."

French Establishment Mount The Ramparts Against Le Pen

Macron’s endorsement list tells a lot... Macron is certainly no «outsider» nor fresh-faced 'challenger' of the status quo. That’s just all superficial marketing and branding to ensure that he prevents Le Pen winning power. Macron will eventually prove to be a willing servant of global capitalism, the EU and NATO, and a ruthless economic hitman against the working class.

Islam In The Heart Of England And France

The city of Birmingham in the West Midlands, the heart of England, the place where the Industrial Revolution began, the second city of the UK and the eighth-largest in Europe, today is Britain's most dangerous city. With a large and growing Muslim population, five of its electoral wards have the highest levels of radicalization and terrorism in the country.

China Launches First Domestically-Built Aircraft Carrier

China launched its second aircraft carrier Wednesday morning in northeast China's Dalian shipyard in Liaoning Province. The new carrier, the first built domestically, was transferred from dry dock in Dalian into the water at a launch ceremony on Wednesday morning.

Here We Go Again: Another Futures Fund Is Caught In A "Short Gamma" Trap

"we are now getting closer to ‘launch’ as the same situation is speculated to be ‘out there’ again.  There was some covering in 2330s and 2370s yesterday, while most of the size seemingly sits at the 2400 level.  As the market is sniffing out the upper strikes that such a strategy might be short, there is a self-fulfilling ‘short gamma’ as we push ever-closer to the pain-points."

San Francisco Judge Blocks Trump's Sanctuary City Order

To our complete 'shock,' a federal judge in San Francisco, U.S. District Judge William Orrick, has blocked Trump's Executive Order intended to withhold funding from communities that limit cooperation with U.S. immigration authorities.

Feudalism And The "Algorithmic Economy"

"Welcome to the Algorithmic Economy, a future which uses machines to determine how effective you can be and how little they can pay you in the process."