Nationalism

Dollar Surges, Bonds Dump Ahead Of Trump Tax Plan

S&P futures are set for a higher open (+ 0.1%) despite the expected hit to the Dow from Nike, as European stocks gain while Asian shares dropped. Like yesterday when the big story was the jump in the USD ahead of Yellen's (rather hawkish) speech, so today the greenback's levitation has continued, this time propelled by the imminent unveiling of Trump's tax plan.

Patriots, Flags, & Referenda - "We're All Screwed"

"There’s a lesson there. That we seem to have forgotten already. And now have to learn all over again. Through Colin Kaepernick, through the unbelievable Kurdish women’s YPG army, though the streets of Barcelona. Our world is screwed up, and we need to unscrew it."

India: The Genie Of Lawlessness Is Out Of The Bottle

"Indian culture is tribal and irrational. It simply cannot maintain, let alone create, institutions of the type the British left behind...Freedom of speech is one of the last surviving major pillars of the British legacy, but it has weakened significantly and is rapidly crumbling further, with Modi as a major catalyst."

Let Catalonia Decide

"Some Catalans consider themselves Spanish and some don’t. Many Spaniards consider Catalonia part of Spain, while some don’t. But it’s clear that a significant number of Catalans feel politically conquered, and resent it. Why should they live under a Spanish government, when their history, culture, and language are not Spanish?... It’s a fair question, and one for which western democracies have no easy answer..."

Government By Goldman

"...now Cohn’s in charge of the economy and talking about eliminating financial reform and basically putting the country back to where it was in 2005, as if 2008 didn’t happen. I’ve started the countdown clock to the next financial crash, which will make the last one look mild."

Banning 'Hate Speech' In America Will Only Make It More Popular

"Liberty is meaningless where the right to utter one’s thoughts and opinions has ceased to exist. That, of all rights, is the dread of tyrants...To suppress free speech is a double wrong. It violates the rights of the hearer as well as those of the speaker."

Trump's "Fiery" United Nations Speech: Full Transcript

"Major portions of the world are in conflict and some, in fact, are going to hell, but the powerful people in this room, under the guidance and auspices of the united nations, can solve many of these vicious and complex problems."

Is This President Trump's "Read My Lips" Moment?

Trump is risking a breach in the dam. If the populists who provided him with decisive margins in Ohio, Wisconsin, Michigan and Pennsylvania feel betrayed, it’s hard to blame them.