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."
Professors Laroche, Haggren and Skahill of the University of Colorado - Colorado Springs will not allow you to invade their man-made climate change "safe space" and if you don't like it then you can get out.
"Net speculative position on the CME as far as SPX contracts are concerned have ballooned nearly 70% since mid-July to 38,083 net longs, a bullish bet we have not seen since June 2013, and this is one vivid sign of just how complacent the masses are." - David Rosenberg
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.
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.”
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.
A survey by the Wall Street Journal shows ‘Soft Skills’ Like Critical Thinking in Short Supply. If critical thinking is in short supply, it’s for one reason only: Lack of genuine demand...Regardless of what they say, most companies really want punctual robots, not creative thinkers.
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.
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.
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...
Several months after dozens of merger arb funds had their worst day in years when the US government effectively killed the Pfizer-Allergan deal, moments ago both Deere and Monstanto stocks dropped, after the DOJ filed a lawsuit seeking to block Deere's deal for Monsanto's Precision Planting.