S&P futures extended their Wednesday decline, dropping in the overnight session with banking shares in focus ahead of results from JPMorgan and Citigroup. European stocks likewise retreated along with the dollar, while Asian shares were mixed.
"The elite appear to have a great deal in store for President Trump’s first four years... quite a few tricks up their sleeves, if you will. The wars are already being manifested; but the larger elements of financial upheaval may take years to play out, even if there are a number of chaotic events, a bit of panic, and more of the great squeeze that is sucking the vitality of the country dry. Get ready for some big potential downturns."
Britain's Daily Mail said Wednesday it agreed to pay First Lady Melania Trump $2.9 million in damages (according to the WSJ) and issue an apology after it published an article saying the U.S. First Lady had offered "services beyond simply modeling" when working as a model in the 1990s.
More than 50 years ago, President Dwight Eisenhower warned us not to let the military industrial complex endanger our liberties or democratic processes. We failed to heed his warning. Wake up, America. There’s not much time left before we reach the zero hour.
Tesla’s emphasis on the proactive nature of this campaign and the “non-safety related” nature of the issue was critical. If Tesla ever admitted, in any form of customer communication, that a contactor failure could result in danger to the driver or other motorists it would be required by law to issue a recall on the part.
"..the hurricane is not more or less likely to hit because more hurricane insurance has been written. In the financial markets this is not true. The more people write financial insurance, the more likely it is that a disaster will happen, because the people who know you have sold the insurance can make it happen. So you have to monitor what other people are doing.”
"A shutdown would send another signal to markets that Republicans may not be able to enact their agenda, lowering expectations for tax reform and an infrastructure program. We believe Congress is more likely to meet the deadline, but see a one in three chance of a shutdown."
"TheShadowBrokers wishes we could be doing more, but revolutions/civil wars taking money, time, and people. Be considering this our form of protest. The password for the EQGRP-Auction-Files is CrDj”(;Va.*NdlnzB9M?@K2)#>deB7mN"
Having seen through these statistics for what they really are, the treasury as well as eurodollar market reflects considerable and legitimate economic doubt drawn from realizing what money is (a whole lot more than bank reserves) and what it certainly wasn’t (QE). It is the optimists who share the burden of proof that this time is any different. The longer that evidence remains missing, the greater that burden.
"This leaves markets with the “hope” trade in peril as Congress continues to trip itself up in moving its legislative agenda forward while, at the same time, the Fed has accelerated the pace of monetary tightening and sending clear warnings to the markets...This has “bad” written all over it."