Michigan

"Hope"? Nope...!

Despite the protestations that everything will be awesome from Hillbama, the American people strongly disagree. The gap between tumbling 'expectations' (77.8) and 'current conditions' (109.0) is at its worst (least hopeful) since August 2006... shortly before overall confidence crashed in America.

DNC Grand Finale: Ladies Night, Hillary Unleashed (And Katy Perry!) - Live Feed

It's the day everyone has been waiting for - Ladies' night. The grand finale of four days of Democratic dreamery as Kary Perry takes the stage (after Barbara Mikulski - the first woman elected to the Senate). The night will be capped off by Chelsea Clinton introducing her mother - the first female nominee for President from a major party (Victoria Woodhill was first female nominee in 1872).

DNC Day 3: Bloomberg, Biden, BlackLivesMatter, & Obama - Live Feed

With Donald Trump stealing the headlines once again, amid surging poll numbers, the Clinton campaign will unleash its entirely non-divisive racial equality platform tonight with Jesse Jackson and the Congressional Black Caucus putting everyone straight. Billionaire Mike Bloomberg, VP Biden and VP-hopeful Kaine are also speaking, but today's headliner, closing out the night, is the economic-climate-change-denier-in-chief himself - President Barack Obama.

Goldman Raises September Rate Hike Odds To 30%, Sees 70% Probability Of Another Hike in 2016

In the absence of Jon Hilsenrath, whose "post-Fed-Mortem" is strangely missing today from the WSJ (although we haven't checked the ultra exclusive WSJ Pro), here is Goldman's assessment, which considering who makes NY Fed policy, is even more appropriate. According to Goldman, after parsing the Fed statement, September odds have risen to 30% (from 25%), while December incremental rate odds are 40%, "implying a roughly 70% probability of at least one rate increase this year."

DNC Day 2: Raucous Roll-Call & Bubba Speaks - Live Feed

If you thought yesterday was chaos - with Debbie down, moaning media, booing Bernie fans - today could start with another raucous rabble as the state roll-call vote will take place. Debbie Wassserman Schultz's just-as-biased replacement Donna Brazile will address the crowd (grab the popcorn), as will Nancy Pelosi, but the headliner of the night - surely there to doom-and-gloom more evil Trumpiness - is Bill Clinton.

DNC Day 1: Debbie Doesn't Do Philly But Bernie Meets Michelle - Live Feed

After the turmoil of last week's RNC, this week' Democratic Nation Convention is off to an even more chaotic start (no matter what the surrogates desperately try to say). Wasserman Schultz resignation and decision not to 'gavel in' the convention is over-shadowed by the increasingly loud voices of Bernie (who will speak tonight) supporters booing any mention of Clinton-Kaine, but according to the mainstream media, Michelle Obama's headline speech tonight will bring the party together.

Michael Moore: 5 Reasons Why Trump Will Win

"I am sorry to be the bearer of bad news, but I gave it to you straight last summer when I told you that Donald Trump would be the Republican nominee for president. And now I have even more awful, depressing news for you: Donald J. Trump is going to win in November. This wretched, ignorant, dangerous part-time clown and full time sociopath is going to be our next president. Here's why..."

Key Events And Earnings In The Coming Week

The key economic releases this week include consumer confidence on Tuesday, the durable goods report on Wednesday, and the advance release of 2nd quarter GDP on Friday. The July FOMC statement will be released on Wednesday at 2PM. There are several scheduled speeches from Fed officials this week. 197 S&P 500 companies are due to report (or 38% of the index market cap) with the notable names including Apple, Verizon, Facebook, Coca-Cola, Alphabet, Exxon Mobil and Chevron.

Full Text Of Donald Trump's Convention Speech

To all Americans tonight, in all our cities and towns, I make this promise: We Will Make America Strong Again.
We Will Make America Proud Again.
We Will Make America Safe Again.
And We Will Make America Great Again.
THANK YOU.

"It's Beginning To Look A Lot Like Race-War In America"

"There are few things in life one can predict with certainty, but given the grave events of recent weeks, it is hard to see how deadly gunplay might be avoided at the 2016 Republican convention... Maybe it’s time for the Black President, Mr. Obama, to just come out and tell the black population that their grievances against the police are trumped up."

7 Things Trump Must Do

"We the undersigned urge you, the presumptive Republican nominee for President, to support a rebirth of free-market capitalism in the U.S. You have said repeatedly that you want to make American great again. We agree with you. And we assert that the most effective way to start that process would be to affirm your principled support for economic liberty, for open and competitive markets, and for a foreign policy that rejects both protectionism at home and interventionism abroad."