European Union

The End Of Growth's "Fake Elixir"

The global elites’ false promise that neoliberal economics would cure all ills through the elixir of endless growth helps explain the angry nationalist movements ripping apart the West’s politics...

Frontrunning: October 14

  • China inflation relief sends stocks, dollar higher (Reuters)
  • China producer prices rise for first time in nearly five years, may ease debt woes (Reuters)
  • Oil rises further above $52 on tighter U.S. fuel stocks (Reuters)
  • Oil From $50 Billion Kashagan Field Starts Flowing to Export (BBG)
  • New Rules Make It Harder for Companies to Manage Their Cash (WSJ)
  • The Sept. 11 Lawsuit Bill Is Weaker Than It Appears (BBG)

Frontrunning: October 13

  • Weak China data, stronger dollar send global stocks skidding (Reuters)
  • Oil price gains limited by higher OPEC output, U.S. crude stocks (Reuters)
  • Wells Fargo CEO Stumpf Quits in Fallout From Fake Accounts (BBG)
  • SEC Said to Demand That Cooperman Agree to Hedge Fund Suspension (BBG)
  • FBI, DOJ roiled by Comey, Lynch decision to let Clinton slide by on emails, says insider (Fox)

Investors Panic-Buy Stock Crash Protection As Clinton Lead Grows

Despite the mainstream media's constant spewing of the chaos and carnage a Trump 'win' in November will cause to the global financial markets (remember Brexit?), it seems that as Hillary's lead grows, so professionals are piling into downside protection at the fastest pace in US history...

Frontrunning: October 12

  • UK's May offers lawmakers scrutiny of Brexit process, no Article 50 vote (Reuters)
  • For or Against Trump, GOP Fears Intensifying Civil War If He Loses (BBG)
  • Podesta: 'Reasonable Belief' WikiLeaks Tipped Off Trump Campaign (BBG)
  • Obama says Trump's comments on women disqualifying (Reuters)
  • Samsung slashes third quarter profit estimate by a third after pulling plug on Note 7 (Reuters)

Extinction Level Event

Since they can’t sell people on electric cars, the next best thing is to outlaw internal combustion-engined cars. In order to force people into electric cars. The German Bundesrat (their version of our Congress) just passed a bipartisan agreement toward that end. By 2030 - just 14 years from now.