Private Equity

Frontrunning: November 18

  • Dollar heads for best fortnight vs. yen since 1988 (Reuters)
  • Jeff Sessions Said to Be Trump’s Pick for Attorney General (BBG)
  • Flynn set to be national security adviser (Reuters)
  • NATO Secretary General Expects to Speak With Trump ‘Very Soon’ (BBG)
  • Hensarling Could Be Wall Street’s Best Hope or Worst Nightmare (BBG)

This Election Has Disgraced The Entire Profession Of Journalism

We still don’t know the outcome of the 2016 election, in which our “democratic process” has produced two candidates widely despised by the American people, but we do know the race’s biggest loser: reporters and the profession of journalism, which has been reduced to surrogacy, largely on behalf of Hillary Clinton.

US Futures Flat, Rebound From Session Lows On Rising Election Jitters

Asian stocks, S&P futures and European shares trade flat as a tightening race for the U.S. presidency spurs demand for haven assets including the yen while weighing on stocks and Mexico’s peso. A turbulent overnight session saw some early risk off following the plunge in Facebook shares and the Fox News report that an FBI probe into the Clinton foundation may lead to a "likely indictment."

The BBC Asks - What Really Happened With The Clintons In Haiti?

"A lot of Haitians are not big fans of the Clintons, that’s for sure... The fact the Clintons kind of took over things after the earthquake and did a pretty poor job of it translates to why the Haitians have a pretty dim view of them...The Clinton family, they are crooks, they are thieves, they are liars...”

Waking Up In Hillary Clinton's America

With less than two weeks to go before E-day -- despite the Trumptilian upheaval of the last year -- the high probability of a Clinton win means the establishment remains intact. When we awaken on November 9th, it will undoubtedly be dawn in Hillary Clinton’s America and that potentially means four years of an economic dystopia that will (as would Donald Trump’s version of the same) leave many Americans rightfully anxious about their economic futures.

Investors Have Pulled $8 Billion From Deutsche Bank's ETF Unit

DB has continued to hemmorhage cash with the FT reporting that the German lender's exchange traded fund unit has seen billions in outflows as Germany’s biggest lender considers whether to sell parts of its asset management business. Specifically, investors have pulled $8bn from Deutsche’s ETF arm so far this year.

Frontrunning: October 26

  • Florida Once Again a Focus in 2016 Campaign (WSJ)
  • Trump Has Slim Edge in Bloomberg Poll of Florida (BBG)
  • NATO seeks troops to deter Russia on eastern flank (Reuters)
  • Arbs Stay on Sidelines of AT&T-Time Warner Deal (WSJ)
  • Holiday Forecast for Apple Crumbles (BBG)
  • Saudi Arabia Faces Tough OPEC Equation With Mounting ‘Exemptions’ (BBG)

"The Outcome Is Undeniable" - Global Debt Investors Face Reality Of A World Devoid Of Options

A recent, reluctant re-viewing of the film, 'Silence of the Lambs', fed fresh food for thought. The image of captives rejecting their freedom brought to mind another flock of corralled and stunned lambs - bond market investors. They too have been given the opportunity to escape their fate. But so many choose instead to stay. Such is the reality of a world devoid of options, with time ticking ruthlessly by.

Billionaire Clinton "Hillblazer" Pushes New Tax That Funnels Middle Class Money To Wall Street

Wall Street is maneuvering to propose and implement a new retirement tax on Americans under a Hillary Clinton Administration. Leading the charge is billionaire financial oligarch Tony James, who is COO of private equity giant Blackstone. Mr. James is a generous contributor to Hillary Clinton’s Presidential run, and is listed as a “Hillblazer” by her campaign for having raised at least $100,000 toward her candidacy.

Frontrunning: October 19

  • China third quarter GDP grows 6.7 percent as expected as construction booms, debt rises (Reuters)
  • China Growing at 6.7% Opens Window to Deliver Debt-Curb Vow (BBG)
  • U.S. expects Islamic State to wield chemical weapons in Mosul fight (Reuters)
  • Iraq urges U.S.-led coalition to prevent Islamic State escape to Syria (Reuters)
  • Fox national poll shows Clinton leading by six points (Hill)