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Frontrunning: October 3

  • Gunman had ‘bump-stock’ device that could speed fire (AP)
  • Supreme Court Takes On Partisan Gerrymandering (WSJ)
  • Tom Petty, 'distinctively American' rocker, dies aged 66 (Reuters)
  • White House: Now Isn’t the Time to Talk With North Korea (WSJ)
  • Dems plan to make gun control an issue in Nevada (The Hill)

Frontrunning: October 2

  • At least 50 dead in Las Vegas shooting (Reuters)
  • Spanish PM faces crisis after violent secession vote in Catalonia (Reuters)
  • Trump Rejects Dialogue With North Korea (WSJ)
  • HP Enterprise let Russia scrutinize cyberdefense system used by Pentagon (Reuters)
  • Automakers Plan Electric Car Blitz as Tesla Burns Billions (BBG)

Robert Gore: "The US Has Become An Infantile Nation"

"America is like that high school all-everything - sports star, class president, valedictorian - who can’t accept that at the university, she’s just another student. For a brief shining moment after World War II it had an uncontested empire, but empires are notoriously hard to hang on to."

Kass: "Sell The FANGs"

"TV folks say the market is healthy without the FANG names. Of course, they said it was healthy when it was just the FANGs..."

Global Bond Rout Accelerates Even As Dollar Rally Fizzles

In a continuation of trading patterns observed over the previous two days, on Thursday the global bond rout deepened in the aftermath of the release of President Trump’s tax-cut plan, Janet Yellen's recent hawkish comments and renewed optimism over the health of the U.S. economy.

Frontrunning: September 27

  • Trump Will Let Congress Decide on Tax Rate for Top Earners (BBG)
  • Conservative firebrand defeats Trump pick in Alabama primary for U.S. Senate (Reuters)
  • U.S. Commerce Secretary says market access, protectionism top China issues (Reuters)
  • U.S. slaps steep duties on Bombardier jets after Boeing complaint (Reuters)
  • Dismayed Britain chides Boeing over Bombardier ruling (Reuters)

Was Facebook Pressured Into Finding "Something" To Implicate Russia?

Just days after telling CNN that Facebook "have seen no evidence that Russian actors bought ads in connection with the election," the breakthrough discovery of the $100,000 ad-spend came following Senator Mark Warner's visit to the offices of Facebook Chief Security Officer Alex Stamos...