Washington D.C.

Key Events In The Coming Quiet Week: Brexit, Housing And Lots Of Fed Speakers

In an otherwise relatively quiet week in which the only upcoming US data is housing, current account and jobless claims, UK politics will again draw attention, one year (on Friday) after the Brexit referendum and as noted earlier, Brexit negotiations begin on Monday, despite lingering political uncertainty in the UK. Also no less than 9 FOMC members are scheduled to speak this week.

The Fallacies Of The 'Russia-Truthers'

"The anti-Russia hysteria – now rivaling past Red Scares with Russians hiding under every bed – has led to factual errors in press accounts and has erased standards of political fairness...There seems to be nothing that Trump opponents will not say and no charge, however low, they will not stoop to making as long as it furthers the goal of removing Trump from office."

In The Divided States Of America, There's Only One Way To "Unite"

"If only we surrender more of our liberties and governing decisions to Washington D.C., says the political class, “the people” of the United States can be prodded into unity - as long as we are allowed to chew on a bit of happy talk and watch a charity baseball game..."

Trump's Personal Lawyer Hires A Lawyer For Russia Probe: NBC

Adding to what has already been a truly bizarre day, even by Washington D.C. standards, NBC is now reporting that even Trump's personal lawyer, Michael Cohen, has been forced to 'lawyer up,' as the special counsel investigation into Russian election interference progresses.

FBI Update: Virginia Shooter Purchased Rifle And Handgun From Federal Licensees

"The shooter's weapons recovered at the scene include a 9 mm handgun and a 7.62 caliber rifle. ATF has conducted traces on these weapons and has determined that both were purchased by the shooter from federal firearms licensees. We currently have no evidence to suggest that the purchases were not lawful."