Trump In Mexico Dials Back Criticism, Did Not Discuss Who "Will Pay For The Wall"

During his surprising meeting with Mexico's president , Donald Trump called for the end to the "humanitarian disaster" of illegal immigration as he sought to strike - and according to many achieved - a presidential tone during a visit to Mexico on Wednesday.  "This is a humanitarian disaster — the dangerous treks, the abuse by gangs and cartels and the extreme physical dangers — and it must be solved."

Fear Spreads Of A Housing Crash In Canada

In Vancouver’s once white-hot commercial real estate market, the hunt is now on for Chinese buyers as big institutional investors are trying to unload.

Regional Banks Bumping Into Stiff Resistance

Regional banks have been on a run of late, but are encountering resistance stemming from 2011. If the index is rejected here, then not only is further upside in financial shares going to be a challenge, but the interest rate pendulum may again swing back to the doves.

Mainstream Media Admits It May "Never Recover" From 2016 Election

In a revealing statement that flew largely under the radar earlier this month, the mainstream media admitted it would never recover from its irresponsible and negligent coverage of the 2016 presidential election. A recent column published in the New York Post referred to the media’s reporting as the complete collapse of American journalism as we know it.

A Chinese "Mystery" Has Become The Biggest Wildcard For The Price Of Oil

As attention turns to what is now the biggest wildcard in global oil demand, one which could directly lead to the evaporation of up to 1 mmbpd in demand, Bloomberg writes that "the world is puzzling" over China's Strategic Oil Reserve, and with good reason:  if 1mm barrels of oil demand were to disappear, the price of oil would plunge as the already oversupplied market would find itself with an unprecedented glut of excess production.

Brazil Formally Impeaches Dilma Rousseff In 61 To 20 Vote

As was widely expected, the final step of Brazil's historic impeachment process of former president Dilma Rousseff, concluded moments ago with a decision to formally impeach the former president, with 61 senators voting for her ouster, and 20 voting against. Dilma Rousseff thus becomes the second president to be impeached in Brazil’s 31-year-old democracy, paving the way for what the market hopes is a fundamental shift in economic policy.

The Mass Escape From Reality

"Built into the speculative episode is the euphoria, the mass escape from reality, that excludes any serious contemplation of the true nature of what is taking place..."

Obama's Former Doctor Says Hillary "Should Have A Thorough Neurological Exam"

In a move that is certain to spark another round of what much of the left-of-center media has dubbed "unfounded conspiracy theories" about the health of Hillary Clinton, overnight President Obama’s former physician, Dr. David Scheiner told CNN that he believes Democratic nominee Hillary Clinton should have a neurological examination due to her history of brain injury.

Oil Plunges Under $45 - Near Saudi-Short-Squeeze-Lows

After the biggest short squeeze in history - thanks to a well-placed and entirely useless Saudi statement about OPEC freeze discussions - oil prices have slipped notably - now back below $45 once again...