Obama Administration

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.

Stay Alert, America: The Worst Is Yet To Come

Each cut, each attempt to undermine our freedoms, each loss of some critical right - to think freely, to assemble, to speak without fear of being shamed or censored, to raise our children as we see fit, to eat what we want and love who we want, to live as we want - they add up to an immeasurable failure on the part of each and every one of us to stop the descent down that slippery slope. It’s taken us 200 short years to destroy the freedoms our founders worked so hard to secure, and it’s happened with barely a whimper of protest from “we the people.”

Key Highlights From Obama's First Press Conference Since The Election

In what was one of his last press conferences as president, Obama took questions from the press for the first time since the presidential election and delivered an hour long Q&A session with members of the press corps ahead of his final foreign tour as US president. In that time Obama covered numerous issues including the following...