Hundreds Of Tanks And Howitzers From The United States Arrive In Poland

On September 13 American military equipment arrived in the port of Gdansk, Radio Poland reports, where more than a thousand pieces of American military equipment from the Second Anti-tank Brigade Combat Team were unloaded at the port, including Abrams tanks, Bradley combat vehicles, Paladin howitzers and other combat equipment

"You Should Take The Fed At Their Word"

"We think they’re going to be... getting more worried about some of the negative consequences of QE, the fact that it encourages risk taking and may create some issues for the banks...”

1987 Versus 2017: Will History Repeat Or Just Echo?

"...no single event can be blamed for the crash that occurred on October 19, 1987, rather a confluence of factors and events caused a rapid erosion in market confidence. The same can be said in 2017. No single factor indicates conclusively that a stock market correction is imminent, but the risks are out there and merit continued attention..."

Is This President Trump's "Read My Lips" Moment?

Trump is risking a breach in the dam. If the populists who provided him with decisive margins in Ohio, Wisconsin, Michigan and Pennsylvania feel betrayed, it’s hard to blame them.

WTI Crude Fails At $50 Again As Rig Count Tumbles Most In 8 Months

As Texas slowly normalizes from Hurricane Harvey's impact, production has rebounded but the rig count continues to tumble (down 7 to 749 this week). This is the biggest weekly drop in oil rigs since Jan 2017 and June 2016. WTI Crude futures have once again tested $50 (and failed) this morning.

Goldman Is Turning Increasingly Bearish On Junk Bonds

"Shifting to a more defensive HY rating allocation: Overweight BBs vs. Bs and CCCs n We upgrade BBs to overweight from neutral, downgrade Bs to underweight from overweight, and maintain our underweight recommendation in CCCs."

UMich Consumer Confidence Slides On Loss Of 'Hope'

University of Michigan's headline consumer confidence index slipped lower in Septemeber (prelim) from 96.8 to 95.3 driven by a tumble in 'expectations' that offset a burst in 'current conditions' to its highest since Nov 2000!