Kuwait

Donald Trump Responds To Romney's 'Roundhouse' - Live Feed

Following the unprecedented Romney roundhouse kick to Trump's character, The Donald is about to rebuff "the loser." As John McCain backs Romney's rant, it appears yesterday's Koch Borthers, Icahn, Murdoch mega-donor call for a truce has been broken as Trump prepares to return fire against "failed candidate Romney" and his establishment cronies.

Who Will Be Left Standing At The End Of The Oil War

This is a financial cold war - nothing more, nothing less. The variables of the breakeven game favor U.S. shale. But Saudi Arabia won’t give up the cold war path easily because its ultimate goal is to preserve its market share at all costs.

Hillary Clinton’s Six Foreign-Policy Catastrophes

Many commentators have mentioned that Hillary Clinton left behind no major achievement as the U.S. Secretary of State; but, actually, she did. Unfortunately, all of her major achievements were bad, and some were catastrophic. Six countries were especially involved: Honduras, Haiti, Afghanistan, Libya, Syria, and Ukraine. The harm she did to each country was not in the interest of the American people, and it was disastrous for the residents there. Hillary Clinton at every campaign debate says “I have a better track-record,” and that she’s “a progressive who gets things done.” Here’s what she has actually done when she was Secretary of State...

Road To World War III: Turkish Army Enters Syria After Second Day Of Shelling As Saudi Warplanes Arrive

On Saturday, the geopolitical world was shocked when Turkey began shelling Aleppo, where the Syrian opposition has its back against the wall in the face of an aggressive advance by Hezbollah and the IRGC backed, of course, by Russian airstrikes. On Sunday, the world continued down the road to a global conflict as Turkish shelling continued unabated and Saudi warplanes arrived at Incirlik.

Saudi Stocks Slammed As War Worries Trump Dead-Crude-Bounce

Oil's late week surge provided much buying excitement asd Mid-East equity markets opened with flashing green numbers across every screen. However, by the close, it was a sea of red with Kuwait, Egypt, Amman, and Iraq all lower and Saudi's Tadawul All Share Index tumbling almost 4% from the opening highs as war worries dragged The Kingdom's stock market back near 5-year lows.

Is The US Leading Saudi Arabia Down The Kuwaiti Invasion Road?

Saudi Arabia and Turkey are both pushed into a corner over the shifting power base in the Middle East. The paranoia and desperation, like Saddam in 1990, could very well cause both countries to commit to the very act of aggression which will lead to their ultimate demise and removal from a position of influence within the region. Are we on the verge of another war?

Frontrunning: February 1

  • Stocks cautious after rocky China data, bonds fly high (Reuters)
  • Oil falls on China data, fading prospect of OPEC action (Reuters)
  • Republican Vote in Iowa Caucus Hinges on Newcomer Turnout (WSJ)
  • When Trump tells supporters not to donate, they mostly listen (Reuters)
  • Goldman Sachs Employees Shift to Rubio as Bush Support Fades (BBG)
  • Four Theories on How Oil Has Hypnotized the Global Stock Market (BBG)

Here's Which Stocks Sovereign Wealth Funds Will Be Selling In 2016

"Within equities which sectors are most vulnerable? We aggregate publically available holdings data to see how overweight these SWFs funds are positioned in terms of sectors and regions relative to the composition of the MSCI AC World index. With the caveat that these publicly available data represent only a portion of their public equity holdings, we find that SWFs are most overweight Financials and Consumer Discretionary, and most underweight Healthcare, Consumer Staples and Technology."

Not Even Bloomberg's Analyst Is Buying The "Saudi Production Cuts"

Moments ago Bloomberg's own oil strategist, Julian Lee explained that comments that Saudi Arabia, Iraq, Russia have become more willing to consider production cuts need to be viewed with caution.  "Saudi Arabia has said it would cut output as part of broader OPEC, non-OPEC agreement ever since current mkt share policy was introduced. There’s no indication that position has changed."

Attention Finally Turns To Saudi Arabia's "Secret" US Treasury Holdings

If you were wondering how much US debt Saudi Arabia holds, you're out of luck because as it turns out, that's a state secret protected by a decades old "unusual Treasury blackout." “It’s mind-boggling they haven’t undone it. The Treasury didn’t want to offend OPEC [but] it’s hard to justify this special treatment at this point.”