WTI/RBOB Jump After Smaller Than Expected Crude Build

After last week's record-breaking draw in Gasoline stocks, and big crude build, the noise from Harvey and Irma disruptions continues to add volatility to the data. API reported a smaller than expected crude build and bigger than expected gasoline (and distillates) draw sent prices for both WTI and RBOB higher.

Gun Stocks Soar On Report Trump Set To Ease Export Rules

In a week in which the MIC already scored big with Monday's sale of Orbital, today it was the NRA's turn to rejoice, when gun stocks soared on a Reuters report that the Trump administration was preparing "to make it easier for American gun makers to sell small arms, assault rifles and ammunition" to foreign buyers. The stocks of Ruger, Smith & Wesson and American Outdoor brands have all soared by as much as 18% on the news.

These 3 Democrats Think "Sputnik Radio" Crushed Hillary's Campaign... But There's A Catch

"In Washington, D.C., listeners can tune their radios to 105.5 FM to hear Sputnik and the Russian government's effort to spread misinformation to influence U.S. policy and undermine our elections. This means the Kremlin's propaganda is being broadcast over a license granted by the FCC and the Russian government may be using our country's own airwaves to undermine our democracy."

IEA: Oil Price Spike Coming In 2020

"There are still not enough signs of investment beginning to return, and that raises the risk of tightening of the market in the next five years and a risk to the stability of oil prices..."

Pat Buchanan: "Who Truly Imperils Our Free Society?"

"The left has been marinated in an ideology where the enemy is always to the right...Lately, St. Louis and East St. Louis have boasted the highest murder rates in America. Is that the doing of white supremacists?"

The Dangers Of Performance-Chasing

"From the current levels of over valuation, excess extension and extreme bullishness which currently exists, the coming reversion 'beyond' the mean will wipe out the majority of any gains made over the last several years. Such is the case with all reversions throughout history. Worrying about 'missing out' on the current bull market should probably not be at the top of your list."

Trump's "Fiery" United Nations Speech: Full Transcript

"Major portions of the world are in conflict and some, in fact, are going to hell, but the powerful people in this room, under the guidance and auspices of the united nations, can solve many of these vicious and complex problems."

The World Is Creeping Toward De-Dollarization

"The process of moving away from the dollar - prepared by Europe and triggered by China and Russia - can no longer be stopped... And as a 'supra-national' reserve asset, gold plays an important role in it."

What Is Real Wealth?

As for acquiring capital - the most important types of capital don't require much money.

Tech Stocks Are Tanking, Banks Panic-Bid

After an exuberant overnight session - ignoring the slump in USDJPY and bond yields - the US cash session open appears to have triggered a wave of selling (especially in tech stocks)...