"Another speaker, short on content but gushing with oestrogen shouted: 'We are here'. (She was not wrong, we were). We will not be silenced. We will not play dead'. To be fair to Trump, I have not heard the silencing of females or women playing dead in his 100 day plan. Perhaps a more suitable venue for this speech would be outside the Saudi embassy, where the silencing of women is all the rage."
When it comes to the future of bitcoin, the "holy grail" has emerged as becoming the first to have a bitcoin ETF approved by the SEC. Unfortunately for the bitcoin faithful, one may not be coming any time soon.
CNN has been criticized for aring a report entitled 'Disaster could put Obama cabinet member in Oval Office', the report admits that there is no specific threat targeting the inauguration, but goes on to speculate about “who would be in charge if an attack hit the incoming president….just as the transfer of power is underway”.
In a "strange move", China cut the RRR for its five biggest banks by 1% to 16%, temporarily lowering the amount of money that they must hold as reserves to relieve pressure in its financial system as demand for cash surges ahead of the Lunar New Year holiday.
"Guys! You lost! You lost big. Get a grip. It’s a different world out there. Adapt accordingly or fade away. Something tells us the adaptation process will prove too much for most of Europe’s current leaders. That will necessarily mean that most won’t be leaders for long."
"The CIA is a sitting duck for Trump. He has every reason to abolish the agency that has traditionally operated on behalf of narrow interests. There is no reason for Trump to tolerate spurious charges against him by the CIA. At best the CIA is incompetent. At worst the agency is complicit in, or organizer of, terrorist events."
If this type of panic buying, which can empty the shelves of a major box retailer like Wal-Mart in just a few hours, is so common place even in the event of a minor, predictable weather event, then what will happen when a serious crisis like a severe economic crash or an escalation of global conflict breaks out?
There is much we don’t know about how the Trump presidency will play out. But of one thing we can be fairly certain. President Trump is very likely to preside over the largest expansion of Federal budget deficits in our history.
"We would be very surprised to see a discussion of asset sales under Chair Yellen’s leadership, but a shift to more active management of the maturity of new Treasury purchases could be an option; shortening the duration of new purchases would quicken portfolio runoff once it begins." - Goldman Sachs