The euro “might start to unravel” if Deutsche Bank collapses according to respected financial journalist, Matthew Lynn. “It all has a very 2008 feel to it …” he warns and outlines his and our growing concerns about Deutsche Bank.
Following the Friday night dump of Democratic files released by the hacker Guccifer 2.0, House Minority Leader Nancy Pelosi said that after receiving "scores of mostly obscene and sick calls, voicemails and text messages", she she was forced to change her number. Pelosi added that she was on a flight to from Florida to California when the information was released, and received the unwanted messages upon landing.
In their most recent report, the so-called “trustees” of the social security system said that the trust fund’s near-term outlook had improved. So the stenographers of the financial press dutifully reported that the day of reckoning when the trust funds run dry has been put off another year - until 2034. The message was essentially take a breath and kick the can. That’s five Presidential elections away! Except that is not what the report really says...
A quick flip through David Teppeer's latest 13F shows that the "bearish billionaire" bug that recently affected such prominent asset managers as Soros, Gundlach, Druckenmiller and Icahn has not bypassed Tepper either.
"Mrs. Clinton isn’t expected to unveil new policy in Thursday’s speech." according to The Wall Street Journal. Instead, Hillary will dial up a line of attack on Donald Trump’s economic proposals in a Thursday speech that casts his agenda as a crony giveaway that erodes his populist appeal, according to a campaign official...We wonder, if Hillary has all these brilliant ideas, then why did she not share them with President Obama - who just presided over the only term without a 3% growth year in the history of America.
Hillary Clinton's campaign responded to criticism that she did not reject the support of the Orlando shooter who made headlines earlier this week when he was seen sitting in the crowd at a Clinton rally in Kissimmee, Florida: "She disagrees with his views and disavows his support." Shortly thereafter she responded to Trump's 2nd amendment comment, saying his statement demonstrates "he does not have the temperament to be president."
Is the city of Chicago about to see a wave of unprecedented chaos and violence? According to Chicago police, at a recent gathering of major gangs in the city it was agreed that they would use automatic weapons against the police, and at least one of the gangs already has “a sniper in place” but officials do not know where that sniper is located.
According to shop owners and managers in the town of Wynwood, Flordia – also known as the “Zika Zone” – the area has been noticeably empty of the usual crowds that form to see the local murals and shop at local businesses... “It’s actually been pretty much a ghost town..."
Delta Air Lines - the second largest airline in the world - is reporting that all flights have been suspended "due to a system outage nationwide." Social media users have posted photos showing long lines of passengers waiting to check-in at airports. “Our systems are down everywhere. Hopefully it won't be much longer,” Delta Air Lines said in response to a passenger's tweet.
In what has emerged as the latest scandal involving Donald Trump, the presidential candidate on Friday retracted a statement that he had seen a video on TV of a plane carrying $400 million in cash to Iran. However, what is ironic is that just as Trump was backtracking, the video in question, together with commentary from Iran, did indeed emerge.
A 330,000-barrel tanker usually on the Houston-to-Jacksonville, Florida, run last month moved two products cargoes to Florida from New York Harbor, according to vessel tracking data compiled by Bloomberg. Since June, at least eight foreign import cargoes originally booked to supply New York were sent instead to the U.S. Gulf Coast and Mexican West Coast.
Donald Trump "is unfit to be President" according to President Obama who challenged congressional Republicans who have criticized their presidential nominee to disavow his candidacy... "What does this say about your party that this is your standard bearer?"