On Saturday morning Vice President Mike Pence did his best to return to conventional foreign policy after he vowed that the United States will "hold Russia accountable." In an address to the Munich Security Conference, Pence assured European allies that the U.S. "strongly supports" NATO and will be "unwavering" in its commitment to trans-Atlantic institutions like NATO.
If you thought that yesterday's press conference was "ranty and ravey", it appears President Trump just turned the anti-'Fake news'-media amplifier up to '11', declaring CNN, NBC, ABC, CBS , The New York Times (but not The Washington Post?) as "enemies of the American people"...
"I am directing the Commissioner of CBP and the Director of ICE to immediately engage with the Governors of the States adjacent to the land border with Mexico ... to authorize qualified members of the state National Guard ... to perform the functions of an immigration officer in relation to the apprehension, investigation and detention of aliens in the United States."
"With a high level of oil revenue spending, there’s a risk of a sharp reduction in the fund’s capital. This could, for example, happen if a global recession triggers both a decline in oil revenue and low or negative returns on the fund’s capital.”
"Gold can be stored for a long time and, despite the price fluctuations on international markets, it doesn’t lose its value for the population as a means of savings," Kyrgyzstan’s Central Bank Governor Tolkunbek Abdygulov said, "I’ll try to turn the dream into reality faster."
"Economically, things are very close to the brink, and there are far too many people who’ve given up at the individual level. This crisis has given the impetus for cities like Santa Ana to take drastic action..."
"I think that the Flynn issue obviously is something that shows that in many respects this administration is in disarray and they've got a lot of work to do," said McCain who added that "the president, I think, makes statements (and) on other occasions contradicts himself."
"We don’t want to provoke and feed a kind of paranoia among our nationals here but there is a kind of psychosis, people are really scared...the environment is making people panic and they are completely fearful."
Since President Trump’s surprise victory over Hillary Clinton in November, investors and management teams have been acutely focused on the new administration’s policy proposals. As expected, all 4 key themes discussed on Q4 conference calls are closely linked to Trump's policies and include tax reform, regulation, fiscal spending and trade policy.