US Airstrike In Somalia Kills More Than 100 al-Shabab Militants

More than 100 al-Shabaab militants were killed Tuesday in the latest US airstrike in Somalia the Pentagon announced, the latest in a series of strikes against the al Qaeda affiliated group and ISIS fighters in the war-torn country meant to support the local government. This was the 29th such strike since the start of 2017, and 7th since November 9.

BTFGGC!?

Because nothing says BTFD like a good government crisis...

FCC Unveils Plan To Roll Back Net Neutrality Rules

"In 2015, the prior FCC bowed to pressure from President Obama. On a party-line vote, it imposed heavy-handed, utility-style regulations upon the Internet. That decision was a mistake. It’s depressed investment in building and expanding broadband networks and deterred innovation."

Peso, Loonie Spike On Positive NAFTA News

With NAFTA negotiations currently taking place, and NAFTA currencies very sensitive to every headline, both the Peso and Loonie suddenly spiked on a Bloomberg headline that suggests that talks just may be progessing in a favorable fashion.

Gold, Bonds, & Yen Surge As US Equity Markets Open

US equity futures were deleriously bid from the moment Europe opened overnight but as US equity cash markets opened, 'risk off' flows suddenly hit sending Yen, bonds, and gold kneejerking higher...

Yield Curve Carnage Continues

Forget inversions, the last four times the US yield curve was at these levels, the US economy was already in recession...

Our National Madness

Fakery and trickery are not solutions; they are a form of self-delusional madness that destroys the nation's ability to face reality squarely and choose real solutions, no matter how painful the choice and path might be.

Tencent Overtakes Facebook As Hong Kong Stocks Flash-Smash Overnight

Hang Seng futures exploded over 5% higher as after hours trading began last night, then crashed back to unchanged as the underlying cash index hit its highest since Nov 2007 on the heels of a surge to new record highs for Chinese tech giant Tencent - which is now larger than Facebook by market cap.

Frontrunning: November 21

  • U.S. sues to stop AT&T buying Time Warner, says would hike rates (Reuters)
  • Merkel Tells Her Rivals: Back Me or Face Voters (BBG)
  • German Turmoil Threatens Europe (WSJ)
  • European Giants Are Making a Bad Month Worse for Stock Market (BBG)
  • Taylor Swift Is Building a Wall (VF)