Michigan

Trump Victory Odds Soar As The Hillary Clinton 'Death Cross' Strikes

ABC, Fox News, and Rasmussen now have polls suggesting Donald Trump leads Hillary Clinton nationally and for the first time during this campaign RealClearPolitics 'tracker' has Trump with a 0.2pt lead - the unofficial "death cross" of Clinton's campaign as Wayne Allyn Root right remarks "Hillary is sinking faster than the Titanic." Voters are putting their money where their polls are too as bookies odds of a Hillary victory in November are tumbling.

Guest Post: The Stunning Parallels Between The United States And Nazi Germany

Most Americans may not like to hear this, but the truth is that modern day America very closely resembles Nazi Germany. Most Americans were raised to deeply love this country; but likewise, most citizens of this nation know that something has gone deeply wrong, and we suggest that just like the Nazis, all of the pageantry and beauty in our society masks an evil which has grown to a level that is almost unspeakable. The truth is that all evil regimes eventually fall, and America is headed for a day of reckoning... And just like Nazi Germany, our end will be exceedingly terrible.

Futures Flat Despite China Scare As Oil Rebounds Over $47

The main risk over the weekend was that markets, which have now dropped for three consecutive weeks the longest negative streak since January, would focus their attention on the latest batch of negative Chinese economic news released over the weekend, which missed expectations across the board, most prominently in Retail Sales and Industrial Production, and following Friday's disappointing new credit loan data, would sell off as the Chinese slowdown once again becomes a dominant concern. However, after some initial weakness, the risks were all but gone when first the USDJPY jumped on another round of deflationary Japanese economic data which led to renewed hopes of more BOJ easing and a jump in the USDJPY and thus US futures.

"Hope" Spikes Most Since 2011 As UMich Consumer Confidence Hits 11 Month Highs

Consumer Expectations, according to University of Michigan, soared by the most since Dec 2011 in May's preliminary data - spiking from 77.6 to 87.5. Despite a modest rise in current confidence, this spike in "hope" was enough to send the headline confidence print to 95.8, 11-month highs and well above expectations of just 89.5. Despite confidence rising, inflation expectations tumbled (1Y from 2.8% to 2.5%).

Bloody Start To Friday The 13th For Global Markets

Global stocks have started Friday the 13th on the wrong foot, with not only Hong Kong GDP unexpectedly tumbling by 0.4%, the worst print in years while retail sales fell for a thirteenth straight month in March, the longest stretch since 1999 as the Chinese hard landing spreads to the wealthy enclave, but also following a predicted collapse in Chinese new loan creation, which will reverberate not only in China but around the globe in the coming weeks. The latest overnight drop in the Yuan hinted that should the recent USD strength continue, China will have no choice but to repeat its devaluation from last summer and winter. 

Donald Trump - Republican Party Savior?

"Those who got Donald Trump totally wrong in the nomination process, still have not figured out why. Thus, it’s no surprise they are still wrong now. I propose,  that instead of being the demise of the Republican party, Donald Trump will be its savior."

The Washington Post Accuses Stingy Americans Of Ruining Obama's Recovery

Dear broke American consumers which once made up the world's most vibrant middle class: please stop being such a nuisance and source of confusion to nice Op-Ed columnists at the WaPo, the WSJ and, of course, the Fed and their $4.5 trillion in direct injections into the offshore bank accounts of America's wealthiest 1%, and instead go ahead and splurge all your savings on trinkets, gadgets and gizmos you don't need. Only that way will Obama's recovery be truly complete.

American Horror Story: The Shameful Truth About The Government's Secret Experiments

"Of all tyrannies a tyranny sincerely exercised for the good of its victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience."

Key U.S. Events In The Coming Week

In the traditional post payrolls data lull, we’re kicking off what’s set to be a much quieter week for data this week with nothing of note due to be released in the US on Monday, however the week picks up with notable economic dataon NFIB small business cofidence, Import prices, PPI and culminates with Friday's retail sales report, UMichigan sentiment and business inventories.

How Did Nate Silver (And Everyone Else) Get Trump So Wrong: The Flip-Flopping Polster

How poor have the election forecasters been this year?  It is a topic many are discussing given the large number of upsets we've had during the Primaries.  For example, statistician Nate Silver (who started the campaign season proclaiming Trump had <2% chance of being nominated) by March 1 predicted with 94% probability that Trump would win Alaska (he lost). 

Lawmakers To Obama: Don't Supply Syrian Rebels With Stingers

More than two dozen U.S. lawmakers are urging President Barack Obama to refrain from supplying Syrian rebels with American-made shoulder-fired surface-to-air missiles... “While we may have differing perspectives regarding the appropriate US response to the horrific violence in Syria, we agree that MANPADS would only lead to more violence, not only in Syria, but potentially around the world...”