Just weeks after Ford idled four plants "due to slowing sales", GM and Fiat Chrysler announced today that they will idle seven plants across Canada and US as they work to reduce near-record high inventories amid weakening sales. Just over 10,000 workers will be idled.
Electors in Pennsylvania will have police protection as they cast their ballots on Monday, The Pittsburgh Post-Gazette reported. One Pennsylvania elector, Ash Khare, told the Pittsburgh Post-Gazette that he receives thousands of emails a day trying to sway his vote.
Global markets begin the last full week of trading of the year in subdued fashion, with U.S. equity futures rising 0.1%, to 2,258.5, European shares decline, halting two straight weeks of gains, and Asian shares hitting a four-week low.
"There are strong grounds to fade this current rally... I believe that moving against the herd mentality, will likely bear fruit in what is probably going to be an even more intense roller coaster ride than what we witnessed in 2016." - David Rosenberg
As we draw closer to the December 19th Electoral College vote, the pressure on electors to switch their votes is ramping up with reports of harrassing emails, phone calls and death threats surfacing in Republican states all around the country.
After promising to spend "every dollar" of the donations she raised from disaffected Hillary supporters on recount efforts, Jill Stein has just released a budget which reveals that over $1mm was used to fund her "staff payroll," "consultants," and "administrative expenses."
President-elect Trump, consider this to be an open letter..."The time has come to quit placating the masses with subprime this and that to still their spirits. Please fulfill your promises to represent them and their children with integrity, knowing the road ahead will be anything but easy, and that the temptation to allow business as usual to continue at the Fed will be enormous."
It's official... again! Donald Trump remains the winner of Wisconsin following the statewide recount demanded by Jill Stein and paid for by sad snowflakes. After counting over 3 million ballots (at a cost of $3.5 million), Trump gained a net 162 votes...