Trade Deficit

EU Uses Sleazy Negotiating Tactics To Extort More Cash In Brexit Talks

We suspect that if the UK offers something approaching 60 billion euros, rather than the 40 billion euros it wanted to pay, the Irish border issue and others would magically melt away. May and Davis might see this as a price worth paying to stop having to be nice to the likes of Juncker and Barnier. They can watch calmly when a large German, French or Italian bank needs bailing out.

Why So Many (In The West) Are So Pissed Off

"...hardly anyone on the right or the left realizes just how fleeting the dominance of the West – and the U.S. in particular – has been in the longer sweep of human history..."

Global Stocks Drift Lower As US Futures Rebound From Overnight Scare, Oil At 2 Year Highs

Following an early shaky start, which saw the Hang Seng tumble as much as 1.6% driven by weakness in financials and real estate names following the latest warning by PBOC governor Zhou about "sudden, complex, hidden, contagious, hazardous" risks In markets and a decline in local real estate prices, and pressure global risk, US equity futures have recouped all losses and are back to unchanged on monday morning.

Traders On Hold As "Super Thursday" Looms

Yesterday's brief dip in ES has been promptly bought with US equity futures fractionally lower, Asian shares inching higher on Thursday and Europe unchanged ahead of today's Super Thursday, where we get the Republican tax bill revealed shortly before noon, the BoE's rate hike announcement, and Trump appointing Jay Powell as the next Fed chair, as well as as earnings from companies including Apple and Starbucks.