The Feds Just Expanded Civil Asset Forfeiture 'Laws' Nationwide

Local police will now be able to seize cash, often from those suspected of drug crimes, even in states that do not condone the policy...the federal program returns cash directly to the police department that took the asset... " It is an effort to empower law enforcement,"

Trump Jr, Manafort, Kushner To Testify Next Week

Donald Trump Jr. and former Trump campaign chair, Paul Manafort, are set to testify before the Senate Judiciary Committee in a public hearing next Wednesday, the committee announced. Separately, Donald Trump's son-in-law and White House senior adviser Jared Kushner has agreed to appear before the Senate Intelligence Committee in a closed hearing on Monday, July 24 according to ABC News.

High Yield IED

The high yield bond market has come to resemble an IED in the financial markets for investors with risks that are both disguised and highly destructive. Awareness of these risks is the first step toward defusing them.

CBO: Repealing Obamacare Would Increase Uninsured By 32 Million, Double Premiums

One month after the CBO scored the now defunct Senate healthcare bill, forecasting it would increase the number of uninsured by 22 million while cutting the budget deficit by $321 billion over the next ten years, moments ago the CBO released its latest score of what a straight repeal of Obamacare would look like.

Gradually... And Then Suddenly

What do socialism and modern monetary policy have in common? Magical thinking. For both, it’s true on the giddy years up, and it’s true on the sad years down.

WSJ Stunned By "Lack Of Market Dips To Buy"

The last time equity markets went this deep into a year without all three of those benchmark indexes suffering at least 5% pullbacks was nearly a quarter-century ago, in 1993.