France

Frontrunning: December 12

  • Parties Make Final Push Ahead of Dramatic Alabama Senate Race (WSJ)
  • Oil hits two-and-a-half year high on pipeline shutdown, stocks take breather (Reuters)
  • Alabama drama nears an explosive end (The Hill)
  • Moore, Jones Expose Rural-Urban Divide That Defines Alabama Race (BBG)
  • The Force Behind Bitcoin’s Meteoric Rise: Millions of Asian Investors (WSJ)

Welcome To The Hell Hole That Is Brussels

"If you penetrate the thick cloud of professional indignation to scrutinize the reality of the 'capital of Europe', what you see in many respects is actually a hell hole, one where socialism, Islamism, riots and looting are the new normal."

 

Libya – Trump Jumps Back In

For over a year, the United States has been disengaged from Libya’s turmoil, with President Donald Trump declaring America had “no interest” in its interminable civil war. That all changed last Friday December 1st, when the President abruptly announced a rethink.

Frontrunning: December 8

  • U.K., EU Reach an Agreement on Brexit Divorce Terms (WSJ)
  • What's in the Brexit divorce deal? (Reuters)
  • China exports growth hits 8-month high, imports defy pollution curbs (Reuters)
  • The Bitcoin Whales: 1,000 People Who Own 40 Percent of the Market (BBG)
  • Senator’s Shaky Obamacare Deal Poses Tax Challenge (BBG)

US Futures, Global Shares, Dollar All Jump On Brexit, Basel News, Averted US Shutdown; Payrolls Loom

U.S. equity index futures have bounced on the last day of the week, along with European and Asian shares, oil and the dollar following overnight news that the UK and EU have reached a successful conclusion on Phase 1 of Brexit negotiations, that Congress has punted on the government shutdown for another 2 weeks until December 22, and ahead of the November nonfarm payrolls data.