New FBI Docs Expose "Shadow Government" Protected Hillary In Email Investigation

It appears 'The Deep State' has been spotted. newly released FBI documents discuss "a group of very high-ranking officials that some referred to as ‘The 7th Floor Group’ or "The Shadow Government." According to the FBI probe, “[t]his group met every Wednesday afternoon to discuss the FOIA process, Congressional records, and everything CLINTON-related to FOIA/Congressional inquiries.”

Hillary Considered Tim Cook, Bill Gates, Mary Barra, Mike Bloomberg For Vice President, Hacked Email Reveals

Among the Podesta emails released today, one of the more interesting disclosures comes from a March 17 email from John Podesta to, aka Hillary Clinton, which laid out a list of potential Vice Presidential nominees for Hillary. The list of 39 names, "organized in rough food groups,” with regard to their gender, race or career; includes some interesting names...

Saudi Arabia Launches Sale Of 5, 10 And 30 Year Bonds, Seeks To Raise Up To $15 Billion

The most anticipated bond sale of the year has officially started, with Saudi Arabia seeking to sell between $10 and $15 billion in three tranches, a 5Y, 10Y and 30Y offering. Pricing is expected to take place tomorrow, Oct. 19; with the books set to close at 5pm in NYT on Tuesday October 15.  Tentative pricing will be as follows:

Core CPI Remains Above Fed Mandated 2% For 11th Straight Month As Cost Of Living Surges

Consumer Price rises broadly met expectations across the board with headline CPI jumping from +1.1% YoY to +1.5% YoY - the highest since Oct 2014. Core CPI (at +2.2% YoY) has now run 11 straight months above The Fed's mandated 2% inflation target. Once again prescription drug costs rose notably but 'Shelter', 'Rent', and 'Gasoline' costs surged.

Wikileaks Releases Another 1,894 Podesta Emails In Part 11 Of Data Dump; Total Is Now 17,150

The daily dump continues.  In the now traditional daily routine, one which forces the Clinton campaign to resort to ever more stark sexual scandals involving Trump to provide a media distraction, moments ago Wikileaks released yet another 1,894 emails in Part 11 of its ongoing Podesta Email dump, which brings the total number of released emails to 17,150.

Goldman Smashes Expectations As Trading, Prop Revenues Surge, "Average" Employee Makes $322,607

there was little concern that Goldman - the pure-play trading powerhouse (at least until the recent launch of a retail lending and deposit operation) would likewise surpass Wall Street's expectations, and moments ago that was confirmed when Goldman reported EPS of $4.88, smashing expectations of $3.86, as profit jumped 47% from a year ago to $2.1 billion. The profit beat was driven by a 19% spike in revenue which rose from $6.9 billion to $8.2 billion, beating consensus estimates of $7.6 billion.

Frontrunning: October 18

  • Commodity stocks lift global shares, inflation in focus (Reuters)
  • FBI Papers Show State Department Fought Clinton Email Classification (WSJ)
  • Russia Declares Pause in Aleppo Bombing so Rebels, Civilians Can Flee (NBC)
  • Syria rebels reject Aleppo withdrawal after Russian statement (Reuters)
  • UK lawmakers will 'very likely' have to ratify final Brexit deal: government lawyer (Reuters)

Pound Jumps After Government Lawyer Says Brexit Treaty Likely Needs Vote From Both Houses

Shortly after sterling fell to a six year low against the euro, sliding below 1.10 or depths not seen since the March 2010 depths of the European debt crisis, the British currency found a modest respite after comments from a UK government lawyer put Theresa May's "hard Brexit" plans in flux after stating that it is likely that the Brexit treaty will have to be voted on by both houses.

Global Stocks Rebound As Fed Fears Ease, Dollar Falls From 7 Month High

If yesterday's session was marked by concerns about Fed tightening and rising long-end rates, today concerns about a hawkish Fed have subsided, with European, Asian stocks and S&P futures all rising amid speculation Federal Reserve policy will remain accommodative after yesterday's dovish comments by Fed vice-Chair Stan Fischer, as well as weak economic data helped push the US Dollar off its 7 month highs.

Are Millennials Hopeless?

Of the 2,300 Americans polled by YouGov, 80% of baby boomers and 91% of the elderly agree with the statement that “communism was and still is a problem” in the world today. Millennials? Only 55%.

"Change Is As Necessary As It Is Impossible": Deutsche Bank Explains Why The World Is At A Dead End

"Anti-global sentiment has been the loudest message of the current presidential campaign in the US. The most likely origin has been a buildup a buildup of discontent due to failure to develop a convincing response to economic slowdown in the last years. This has recently emerged as the main theme of public discourse. Current presidential campaign has highlighted to what extent the Change is as necessary as it is politically impossible."

Swedish Prosecutor Rules Islamic State Flag Is Legal: "It Expresses Contempt For All Others"

A Swedish prosecutor has ruled that the ISIS flag does not constitute hate speech and is therefore legal under Swedish law. Prosecutor Gisela Sjövall announced last week that she would not prosecute a 23-year-old man who had posted the black ISIS flag on his Facebook page in June. "Put simply, one can say that he is expressing contempt for “all others”, and not against a specific ethnic group."

"By Way Of Deception, Thou Shalt Lose Your Empire"

"With Hillary we can be sure the Empire will double down, continue to lie to itself and the rest of the planet, and deny it all, making the end inevitably very violent, possibly catastrophic."