Obama Administration

'Grey Champion' Assumes Command, Part 2

Seventy year old Donald Trump has assumed the Grey Champion flagstaff. In an increasingly chaotic world, normal working class Americans in flyover country were seeking a leader who could bring order, defeat the corrupt establishment, make tough decisions, and capture the zeitgeist of this moment in history. The ruling elite oligarchs and their fawning minions are infuriated the peasants have dared to resist. In their secretive secure spaces, the elites are plotting with one purpose in mind – this uprising must be quelled.

Frontrunning: November 21

  • Dollar dips, stocks fall as Trumpflation trade pauses (Reuters)
  • A profile of RenTec's Medallion fund: Inside a Moneymaking Machine Like No Other (BBG)
  • Mattis, Christie, Giuliani in contention for top posts (Reuters)
  • Paulson’s Big Long: A Bet on Trump Yields Power and Profit (BBG)
  • Ex-PM Fillon is favorite to win French conservative presidential ticket (Reuters)
  • In weekend of deliberation, Mattis favored for Trump Pentagon chief (Reuters)

Meet Mike Pompeo, The New Director Of The CIA

Moments after Donald Trump offered the Attorney General spot to senator Jeff Sessions (which he promptly accepted), it was announced that Trump had also picked rep. Mike Pompeo as CIA director, who likewise accepted.  Here is a brief profile of the new head of America's spy agency.

Here's Why Trump Is The Perfect Scapegoat for Obama's Failures

Obama’s policies in the Middle East – and to a large extent, Clinton’s policies – have made the world less safe, and thus it should be no surprise that under Obama’s rule, hate crimes against Muslims were skyrocketing well before Trump was elected. To that end, Trump has become a convenient scapegoat for the problems Obama and Clinton exacerbated while in office. Realistically, Trump is a manifestation of the problem, but not the root of the problem itself.

Assange May Ask Trump To End Criminal Probe

Lawyers for Julian Assange have said they may ask US President-elect Donald Trump to close the criminal investigation into the WikiLeaks co-founder, and hope that Sweden will soon close the probe into allegations of sexual assault.

Oil Surges To 'Algiers' Lows After Obama Statement & Well-Timed OPEC Headline

Just as Morgan Stanley warned, be careful getting too bearish into the OPEC meeting as OPEC's ability to engineer a short-squeeze (via well-placed but meaningless headlines) trumps any dismal fundamentals. Sure enough, WTI is surging by the most in 7 weeks to pre-Algiers levels on spurious headlines today, which builds on a reversal yesterday that started as President Obama discussed the Iran Deal.