In an exclusive survey of American military personnel, Donald Trump emerged as active-duty service members’ top choice to become the next commander in chief.
- Bank of Japan Holds Fire on Stimulus, Negative Rate Unchanged (BBG)
- Donald Trump Aims for a Knockout in Tuesday Primaries (WSJ)
- Global Stocks Fall on Commodities Decline, Ahead of Fed Meeting (WSJ)
- Oil prices fall as clouds gather over supply picture (Reuters)
- Many Shale Companies Are Unable to Ramp Up Oil Output (WSJ)
Public opposition to the sovereignty killing corporate giveaway marketed as a free trade deal known as the Trans Pacific Partnership (TPP) has become so widespread that all the leading candidates for the U.S. Presidency are publicly against it. Essentially, the more time the American public has to learn about this scam, the more they are against it. Which is precisely why the Obama administration wants to push it through as quickly as possible.
- Shares bounce, euro fades after savage ECB reaction (Reuters)
- Trump's Islam comments draw attacks as Republicans discover civility (Reuters)
- Oil Prices Rise on Hopes Glut Will Ease (WSJ)
- IEA Says Oil Price May Have Bottomed as High-Cost Producers Cut (BBG)
- Why Euro-Area Inflation Will Be Low for Years, According to Draghi (BBG)
- Calmer markets, positive data prime Fed to push ahead with rate rises (Reuters)
The Washington Post was sold in 2013 to libertarian Amazon CEO Jeff Bezos, who is worth approximately $49.8 billion. Despite being ideologically opposed to the Democratic Party (at least in principle), Bezos has enjoyed friendly ties with both the Obama administration and the CIA. As Michael Oman-Reagan notes, Amazon was awarded a $16.5 million contract with the State Department the last year Clinton ran it.
Janet Yellen is in a very difficult spot. If she continues to ignore the growing signs of recession, she runs the risk of letting one develop prior to the election. This would favor the Republican challenger who would be disinclined to reappoint her as Fed Chairwoman, if elected. Allowing the Greenspan bubble to bust on Bush’s watch sealed John McCain’s fate, allowing Obama to ride a wave of voter outrage into the White House in 2008. Yellen does not want Trump to catch a similar wave in 2016. As a result, we expect the Fed to soften its rhetoric in the very near future.
- Angry White Males Propel Donald Trump—and Bernie Sanders (WSJ)
- Trump Beats Back Attacks and Tightens Hold on Primary Race (BBG)
- Fed Likely to Stand Pat on Rates, Keep Options Open for April or June (Hilsenrath)
- Draghi Stimulus Fails in Stock Market as Swings Match 2008 (BBG)
- Sabine Oil wins pipeline ruling in a blow to pipeline operators (Reuters)
The country’s social mood is apparently ripe and it finally seems actually possible for a perceived outsider to win by challenging the established order. Our main regret is that it wasn’t yet ripe at the time Ron Paul tried his hand at winning the nomination. Everything Trump is saying and doing should probably be seen in the context of his strategy. It’s quite Machiavellian actually. The alleged lack of discernible policy stances, the occasional contradictions and often hair-raising statements are all in pursuit of the same goal: to win the nomination. Other than that, we mainly enjoy the growing discomfort of assorted cronies and professional politicians.
it is one thing to note the obvious, it is different to have proof that Fed members have a clear ideological bias. Thanks to recent Fed appointee Lael Brainard, we have just that.According to Bloomberg, recent Treasury staffer and current Fed Governor Lael Brainard gave $750 in three contributions to Clinton’s campaign between November and January, according to Federal Election Commission records.
- Global Stocks Drop on Renewed Concerns About China (WSJ)
- Iron Ore's Rally Stalls as Goldman to Citigroup Forecast Retreat (BBG)
- EU and Turkey close to groundbreaking migrant deal (FT)
- Carney's `Brexit' Stance Under Fire as BOE Accused of Bias (BBG)
- Oil edges lower after Kuwait dents hopes for output freeze (Reuters)
We must adopt a policy of non-intervention and a strong defense of this country. The neocons will weaken our country and our military by promoting more war. We need to “rebuild” the military by restoring as its mission the defense of the United States, not of Washington’s overseas empire.
Russia has played a master stroke in the current oil crisis by taking the lead in forming a new cartel, but it’s a move that could spell geopolitical disaster. If this scenario plays out, Russia will emerge as the de facto leader of the major oil producing nations of the world, accounting for almost 73 percent of the global oil supply.
- Trump or Cruz? Republicans face tough choices as primary race churns forward (Reuters)
- The Week the Republican Party Melted Down (BBG)
- Rust Belt Could Be Donald Trump’s Best Route to White House (WSJ)
- China’s Leaders Put the Economy on Bubble Watch (WSJ)
- Top Chinese Official Rebutts Soros Prediction for Hard Landing (BBG)
Yonhap news agency reports North Korean leader Kim Jong Un has ordered the country's nuclear weapons be made ready for use. This action follows the firing of a volley of short-range projectiles into the sea to the south after the UN Security Council unanimously passed sanctions targeting North Korea’s banks, mineral exports and cargo vessels.