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With the threat of a potential 'black swan' event with a Trump Victory, The Elite have pulled out their "Ace in the Hole" - Russia.  Russia is the most feared and misunderstood of all US artificial villians (even more than Islamic Terrorists).

Initial Jobless Claims Jump Most In Over 5 Months Off 43 Year Lows

By now we have shown every possible divergence between the ongoing collapse in jobless claims (everything is awesome) as practically every manufacturing and service economy hard data print suggests the exact opposite. So this week, we just notice that initial claims jump over 5% this week to 260k - the biggest weekly rise since May... probably nothing.

Is The US On The Verge Of Mass Race Riots?

Ferguson, Baltimore, Ferguson (again), Milwaukee, Charlotte. Much has been made by the media of the recent riots that have taken place across America. Which begs the question: Are these riots passing occurrences or, like a series of smaller seismic events, a forewarning of much larger mass civil unrest to come? For the answers, we take a quick trip back in time.

The Elite "Have No Idea" - Society Is Near The Breaking Point

What I find most surprising today is that the insiders and the elite have no idea what is percolating just beneath the surface.  Okay, maybe their arrogance actually produces its own fog, so it should not come as a surprise that they are blinded. They do not look at the calendar, which, if one really looks, says "1788" on it.  Something is close.  Very close.  Society is near the breaking point.

Behold, The Trumpening

If the US presidential debate last night showed anything, it must be that just about everyone has dug themselves into their trenches and had no desire whatsoever to ever come out.

Goldman Slams US Auto Sector As "Cycle Has Peaked", Downgrades Tesla

"We lower our Autos and Auto Parts coverage view to Cautious from Neutral. As we progress through the later stages of the US auto cycle, we expect a sales plateau through 2017 held up by increasing OEM incentives. Beyond this, we see US light vehicle sales mean reverting back toward normalized SAAR of 15mn from 2018 through 2020 as pent-up demand clears through"